Post by Enya_NTFC on Feb 25, 2009 14:30:18 GMT
Darlington enter administration
The Quakers have struggled to attract fans to the Darlington Arena
Darlington have officially announced they are entering administration.
Dave Clark, of Brackenbury Clark and Company, has been appointed as administrator taking over the running of the club with immediate effect.
"This is a sad day in the long history of Darlington Football Club," chairman George Houghton said of the decision in a club statement.
"It was a result of a combination of circumstances compounded by the current economic recession."
Houghton took over as chairman of the club in March 2006, following Stewart Morris in the role.
However, the businessman, who made his fortune in property, says he hopes the club can find new ownership and believes they are in a good position to do so.
The club's new administrator Clark is equally positive of securing a new owner, given the current position of seventh in League Two and the assets surrounding the club.
"This club has a long history in league football having been founded in 1883. My job as administrator is to affect a sale of this club to a new investor or consortium," he said.
"The club has a number of advantages which in my view would make it attractive to an investor including a good manager with a history of securing promotion; a strong team currently on the edge of the play-off positions; a sound management team and loyal staff, and a stadium which would be the envy of most Championship clubs and some Premier League clubs.
"Therefore I am confident that a new owner can be found for the club.
"Despite owing significant sums to a number of creditors, the club enjoys a special relationship with its creditors and fans. I am confident that any new investor will enjoy a similar close working relationship."
The Quakers will be docked 10 points under Football League rules, denting their push for promotion.
BBC SPORTS
The Quakers have struggled to attract fans to the Darlington Arena
Darlington have officially announced they are entering administration.
Dave Clark, of Brackenbury Clark and Company, has been appointed as administrator taking over the running of the club with immediate effect.
"This is a sad day in the long history of Darlington Football Club," chairman George Houghton said of the decision in a club statement.
"It was a result of a combination of circumstances compounded by the current economic recession."
Houghton took over as chairman of the club in March 2006, following Stewart Morris in the role.
However, the businessman, who made his fortune in property, says he hopes the club can find new ownership and believes they are in a good position to do so.
The club's new administrator Clark is equally positive of securing a new owner, given the current position of seventh in League Two and the assets surrounding the club.
"This club has a long history in league football having been founded in 1883. My job as administrator is to affect a sale of this club to a new investor or consortium," he said.
"The club has a number of advantages which in my view would make it attractive to an investor including a good manager with a history of securing promotion; a strong team currently on the edge of the play-off positions; a sound management team and loyal staff, and a stadium which would be the envy of most Championship clubs and some Premier League clubs.
"Therefore I am confident that a new owner can be found for the club.
"Despite owing significant sums to a number of creditors, the club enjoys a special relationship with its creditors and fans. I am confident that any new investor will enjoy a similar close working relationship."
The Quakers will be docked 10 points under Football League rules, denting their push for promotion.
BBC SPORTS
So who's next?