Another club gone, high court make ruling over £500k debt.

Sad to hear that - the club has been in existence for around150 years! In this day and age you would think £500k isn't a huge amount in football (one or two week's wage for a top Prem player) but it just shows the massive gap between our professional clubs. Sadly there will be more clubs to go the same route as Macc.

Another sad day for football. All income streams down across the leagues, but the players keep getting paid as if it was business as usual.

Won’t be the last over the next 12 months I reckon.

Mayoclaret wrote: ↑

Wed Sep 16, 2020 11:25 am

Sad to hear that - the club has been in existence for around150 years! In this day and age you would think £500k isn't a huge amount in football (one or two week's wage for a top Prem player) but it just shows the massive gap between our professional clubs. Sadly there will be more clubs to go the same route as Macc.

At least the greedy have got wealthier. Never mind if the historic and formerly strong league structure collapsed around them.

And in other news Real Madrid are considering paying half of his 500k per WEEK wages.....

Shows where football is at when the 2 threads at the top are "Burnley in crisis" because we haven't spent a few million on a player yet and "Macclesfield wound up" for debts around 500k

As a few others have pointed out, the first thing I thought was 500k is peanuts in todays football but that just shows the gulf between the top and bottom.

Its really sad for their fans, if Burnley ever went under I don't think I'd bother watching any football at all anymore, a lot can happen in 4-5 years so you just never know. (Good god, I sound negative)

This is a club that has been in total crisis since long before COVID. The players haven't been getting paid, a former manager is still owed almost £200,000 and that's not Sol Campbell.

This, sadly, is another tale of downright bad ownership.

Pay your tax bills...

It's you and I they're ******* over- why feel sorry for any of these clubs?

Its the fans and those associated with the club I feel sorry for

tarkys_ears wrote: ↑

Wed Sep 16, 2020 11:47 am

Pay your tax bills...

It's you and I they're ******* over- why feel sorry for any of these clubs?

Because it wasn't the fans that didn't pay their taxes, or the players, or the Town. A whole community will be suffering for one mans mistakes.

It's fair to say that if we spend money we don't have, on players we really can't afford in the current climate, such as Villa yet again, and suffer relegation. The club COULD go the same way in 10-12 years time.
Then we can all look back and bemoan Mike Garlic for running the club like it was a game of monopoly.

The saying be careful of what you wish for has never been more appropriate.

claretonthecoast1882 wrote: ↑

Wed Sep 16, 2020 11:33 am

Shows where football is at when the 2 threads at the top are "Burnley in crisis" because we haven't spent a few million on a player yet and "Macclesfield wound up" for debts around 500k

The thought passed my mind that the threads should be merged.

Sad for their fans but they probably are a non-league club in stature anyway and I’m sure they’ll be back in some guise.

It seems that every club I managed on Football Manager is going under. They were European Champions around 10 years ago!

FactualFrank wrote: ↑

Wed Sep 16, 2020 12:24 pm

It seems that every club I managed on Football Manager is going under. They were European Champions around 10 years ago!

Ffs why don't you do Blackburn Rovers then Frank (or did you in the Venky's era )

Bosscat wrote: ↑

Wed Sep 16, 2020 12:29 pm

Ffs why don't you do Blackburn Rovers then Frank (or did you in the Venky's era )

Haha! I remember a 24 season mega game with my mate - He was Rovers and I was Man U. We're going back to something like 1994 though. We played so many games, the players coming through were computer generated and made up.

Wow! I was chatting about Macc with an ex player of theirs only a few nights back. Sad day for football when the grassroot teams start to go under.

Still have nightmares about Efe Sodje

terrible for the loyal supporters of such clubs. bad days indeed.

I bet Charlotte is gutted

Boss Hogg wrote: ↑

Wed Sep 16, 2020 11:30 am

At least the greedy have got wealthier. Never mind if the historic and formerly strong league structure collapsed around them.

We supporters may think of professional football clubs in other terms, but they are all businesses in a very competitive market. Bad financial management or board incompetence (or both) can cause misery to thousands. Customers get little consideration, especially for a highly loyalty based business. New clubs will be formed and/or raise themselves to the full-time professional ranks, maybe not this year or even the next few years, but it will happen.

I never see anyone saying Amazon should give a share of its profits to shopkeepers, small or large (lots of calls for them to pay the government/taxman though) So why should big football businesses give away even more money to their competitors than they already do - over and above the multi-million taxes they hand over to the Revenue & Customs Service each year?

Just drove past the ground and there was a bunch of red roses stuck on the door handle

ClaretTony wrote: ↑

Wed Sep 16, 2020 11:44 am

This is a club that has been in total crisis since long before COVID. The players haven't been getting paid, a former manager is still owed almost £200,000 and that's not Sol Campbell.

This, sadly, is another tale of downright bad ownership.

I'm convinced that the EFL foresaw this when they appealed the Disciplinary penalty which saved Stevenage. As you say CT they had been in crisis for ages.

Sad for their fans all the same.

I can't believe this hasn't made BBC football's front page, you have to go down to the national league page to get the story.
Surely any football fan is more interested in a story like this some of the crap on their front page?

aclaretinstevenage wrote: ↑

Wed Sep 16, 2020 7:31 pm

I'm convinced that the EFL foresaw this when they appealed the Disciplinary penalty which saved Stevenage. As you say CT they had been in crisis for ages.

Sad for their fans all the same.

Always sad for the fans. As you know I’m no fan of Stevenage because of Westley but the Football League had to appeal that penalty, or lack of it. It’s sad to see clubs go but it’s also sad to see clubs miss out on opportunities because of clubs like this getting away with things.

dibraidio wrote: ↑

Wed Sep 16, 2020 7:41 pm

I can't believe this hasn't made BBC football's front page, you have to go down to the national league page to get the story.
Surely any football fan is more interested in a story like this some of the crap on their front page?

To be fair, it is on the front page (now at least).

dibraidio wrote: ↑

Wed Sep 16, 2020 7:41 pm

I can't believe this hasn't made BBC football's front page, you have to go down to the national league page to get the story.
Surely any football fan is more interested in a story like this some of the crap on their front page?

Massive number of fans won't actually give a toss.
A club they've never seen, probably never heard of in most cases that's folded because of poor ownership.

Yes maybe it should be getting more exposure with today's news, it's probably the first of many this next 12 months.

Colburn_Claret wrote: ↑

Wed Sep 16, 2020 11:56 am

Because it wasn't the fans that didn't pay their taxes, or the players, or the Town. A whole community will be suffering for one mans mistakes.

It's fair to say that if we spend money we don't have, on players we really can't afford in the current climate, such as Villa yet again, and suffer relegation. The club COULD go the same way in 10-12 years time.
Then we can all look back and bemoan Mike Garlic for running the club like it was a game of monopoly.

The saying be careful of what you wish for has never been more appropriate.

Excellent post CC, and for those who think you're being far-fetched, just look at where Bolton are right now.

If or more likely when we go down, we need to ensure that the club is sustainable to mount a promotion challenge, but more importantly we need to be solvent, now if that means not throwing millions around then so be it, as frustrating as that is, we have to live within our means.

Must be horrible to be a fan and watch your club disappear

BurnleyHeff wrote: ↑

Thu Sep 17, 2020 1:33 am

Must be horrible to be a fan and watch your club disappear

Absolutely! and that could have been us if we hadn't come through the Orient game.

2 NW clubs now gone to the wall in the last 12 months, it can't be good for the clubs obviously, but it also will have a large impact on the local communities, and will sadly likely knock on and cause further job losses, also most clubs have community schemes in place, and they'll be adversely impacted as well, at precisely the time when they're most needed.

You'd hope that Macclesfield would be the last club to fold, but alas it's unlikely to be the case.

tiger76 wrote: ↑

Thu Sep 17, 2020 12:12 pm

2 NW clubs now gone to the wall in the last 12 months

You'd hope that Macclesfield would be the last club to fold, but alas it's unlikely to be the case.

I can see Wigan joining them too

Once travelled up from London to watch the annual pre- season 'Town Cup' game Buxton!
Always liked the short trip over to Miss Rose from Buxton if Burnley/ Buxton games weren't watchable.
Really sad.

There is still a glimmer of hope for Macclesfield it seems (as long as they don't have the same mess has Bury did) from the Telegraph

Macclesfield Town attract interest from multiple potential investors
JAMES DUCKER SEPTEMBER 17, 2020

Macclesfield Town are attracting interest from multiple potential investors less than 48 hours after the National League club was wound up by a judge over unpaid debts of more than £500,000.

As the receivers descended on Macclesfield’s Moss Rose ground on Thursday in the wake of Judge Sebastian Prentis’ order in the Insolvency and Companies Court on Wednesday, it emerged that as many as five interested parties are monitoring the club’s situation.

Joe Sealey, the son of the late former Manchester United goalkeeper, Les, is understood to be among those. The businessman, who lives in nearby Alderley Edge, previously held talks with Amar Alkadhi, the controversial Macclesfield owner, about buying the club but the talks ultimately collapsed.

Sealey, who is thought to have been exploring the possibility of buying a Football League club in the intervening period, was on West Ham’s books until injury ended his playing career at 22. He sold a sports management business for £13 million seven years ago. It remains to be seen if former Macclesfield chairman, Mark Blower, who had been drafted in to help the embattled club in recent months, forms part of a group interested in taking ownership of the club.

Jon Smart, of the Silkman Supporters Trust, believes Macclesfield will effectively have to start again as a phoenix club, much as Bury AFC was recently founded from the ashes of Bury Football Club, who were expelled from the Football League last year. “I don’t think there’s any other way forward,” said Smart.

Staff and players at Macclesfield first learned that the club was being wound up through reports on Sky Sports News on Wednesday and have yet to receive any official communication from Alkadhi.

Sports Briefing
Despite the club being liquidated, it is understood Macclesfield’s players trained on Thursday.

As of Thursday night, the club had yet to release an official statement of any description and the National League had also still to comment on the matter. Alkadhi told Telegraph Sport on Thursday night that he could not comment.

It is understood that Alkadhi spoke briefly via telephone to the receivers who were at Moss Rose on Thursday and claimed he was planning to apply to rescind the winding up order on Monday. Ordinarily, a court will only rescind such an order if there is clear evidence the company can pay all of its creditors in full.

Macclesfield MP David Rutley said: “I am urging the owner to pay the funds to rescind the winding up order. Then it’s time for a fresh start - I will go on working with interested parties, including the Silkmen Supporters Trust/Macclesfield Town Community Sports Trust to establish the sustainable future we need.”

The court was told that Macclesfield owed £190,000 in tax as well as more than £170,000 to former manager John Askey and a similar sum to another creditor understood to be another ex-manager, Sol Campbell.

Judge Prentis said “nothing gives me comfort that the club can pay its debts in a reasonable period” and that Alkadhi had been given “ample opportunity” to pay off creditors.

ClaretTony wrote: ↑

Thu Sep 17, 2020 3:20 pm

I can see Wigan joining them too

As I have said previously that appears to be more the doing of the Administrators than anyone else and that their actions were more akin to Liquidators rather than administrators - Just what is it about Leeds that has given football so many ****hole adminstrators/executives

today's announcement about the delay for the return of fans and the consequent probability of the National League postponing the start of their season brings interesting questions to the EFL over Macclesfield - remember the EFL said relegation to the national League would not occur if the new season did not start. Would the High Court have taken the same decision if the club were still in League 2?

Macclesfield will be put up for sale the receivers confirm

https://twitter.com/BBCNWT/status/1308337277601492992

And now expelled from the National League. Sad for the supporters, but I do worry about such clubs that come up and couldn't fill a people carrier with enough fans to go to games. The step up maybe achievable quality wise for a time, but a professional club needs more than couple of hundred die hard season ticket holders.

Burnley1989 wrote: ↑

Wed Sep 16, 2020 11:39 am

As a few others have pointed out, the first thing I thought was 500k is peanuts in todays football but that just shows the gulf between the top and bottom.

Its really sad for their fans, if Burnley ever went under I don't think I'd bother watching any football at all anymore, a lot can happen in 4-5 years so you just never know. (Good god, I sound negative)

If it wasn’t for Burnley still going at it, I’d be done.

karatekid wrote: ↑

Wed Sep 16, 2020 1:29 pm

I bet Charlotte is gutted

All together now, Charlotte is the biggest s### in Macc.......

The worst possible sign for Macclesfield - the ground is put up for sale Rightmove

https://twitter.com/KarenFaz/status/1310997993047367680

The club has been bought out by a local businessman and Robbie Savage is to be Head of Football - hmm

https://www.dailymail.co.uk/sport/footb ... SAVED.html