Posted by Nik Myles on Friday, October 16, 2009
Under:
General
Farsley Celtic Back In Trouble
Farsley Celtic's future was
last night again thrown into doubt after it was revealed the taxman
will not support the Company Voluntary Arrangement designed to save the
club.
The Conference North outfit came within minutes of folding last month after
their Throstle Nest home was locked by administrators only for a
consortium led by president John Palmer to ride to the rescue at the
last minute.
Celtic had been served with a winding up order by
the Inland Revenue over an unpaid bill of around £200,000 and
docked 10
points for going into administration.
It was hoped, after the
dramatic turn-of-events on September 4 when the Leeds club was saved,
that a CVA could be agreed to pay off creditors.
However,
yesterday's news from administrators, accountancy firm, Mazars that the
taxman had confirmed in writing that they would vote against the
proposed CVA has now cast into doubt the 101-year-old club's future.
Talks are now planned next week between Mazars and the Conference
league officials.
Robert
Adamson, joint administrator of Celtic and partner at Mazars, said last
night: "We have received written notification from HMRC that they will
not support the proposed CVA."
http://www.yorkshirepost.co.uk/football/Farsley-Celtic-back-in-trouble.5736054.jp
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