3 Jul 2009Administration helps Farsley Celtic avoid possible winding up order

Football Clubs News | Football Leagues/ Association and Governance

Farsley Celtic are to be allowed to continue trading after going into administration the evening before heading into a high court hearing.

The Blue Square North club were in danger of receiving a winding up order from HM Revenue & Customs, but this order has effectively been frozen as a result of the team going into administration.

Farsley Celtic's problems revolve around their failure to pay taxes, brought on by being forced to sell part of their Throstle Nest stadium so that houses could be built on the land.

However, with the global recession having an impact on the industry, the club has not received any income from the houses as they are yet to be built.

Club president John Palmer told BBC Radio Leeds: "I have worked tirelessly to try and raise sufficient money to avoid the process, but the economic climate means that investors are tightening their belts.

"It is profoundly sad, because we sit on over six acres of land, we have a sports hall and I believe, that with a bit of work, a club that the people of west Leeds would come out and support."

Farsley Celtic considered changing their name back in 2007 as it was believed this may help them gain a larger fan base.

Written by Paul Roberts

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