The Football League have released a statement today informing that The Melrose Consortium bid cannot be accepted due to ‘concerns over the proposed business plan’.
After the FL’s monthly meeting in Preston today, a representative released the following:
At its meeting in Preston today, The Board of the Football League considered an application for transfer of membership relating to Stockport County.
The Board was unable to approve the application as presented due to concerns about the proposed business plan and ownership structure.
The League will now continue to work with the Administrator to help secure the Club’s long term future and would encourage potential investors to come forward as a matter of urgency.
It now appears that Melrose has been knocked back for the last time, as other consortium The 2015 Group had a bid accepted by the administrators Leonard Curtis to buy the club yesterday, though there has been no statement from joint-administrators Paul Reeves and John Titley as of yet.
More on any new statement as soon as we can.
Share this article
Related Articles
3 comments
Comments are closed.
Good. Bunch of losers.
Agreed. Chancers. Come on 2015.
Concerns over the business plans AND OWNERSHIP STRUTURE. Is that the FL saying they dont want Messers Tatam and Horton anywhere near a fooball club?
As you say scfcsam… chancers. Roll on 2015 and their ideas. There are many of us County fans out there who are only too willing to help secure and grow our club. cant wait to understand their vision for the future.