MACCLESFIELD TOWN have been expelled from the National League just four days before the start of the season after being hit with a winding-up order.
It was revealed nearly two weeks ago the Silkmen owed debts of over £500,000.
Macclesfield Town have been expelled from the National LeagueCredit: PA:Press Association
And after being relegated from League Two last season after a points deduction for failing to pay their players, Macclesfield now find themselves out of the National League as well.
A statement from the National League read: “Further to the company owning Macclesfield Town Football Club (“The Club”) being the subject of a court winding-up order, the Board of The National League has passed a Resolution pursuant to its Articles of Association that a Notice of Expulsion be served on the Club taking effect on Monday 12th October 2020.”
“The National League has served that Notice of Expulsion on the Official Receiver responsible for dealing with the Club’s affairs.
“As the Club’s expulsion will be effective on Monday 12th October, in the meantime, the Club is suspended from The National League competition and its three fixtures during that period are postponed.
“The matches affected are 3rd October (home v Bromley), 6th October (away v Boreham Wood) and 10th October (away v Aldershot).”
Macclesfield were slapped with a winding-up order at the High Court over their £500k debt on September 16.
Judge Sebastian Prentis revealed the club owed £190k in tax during an Insolvency and Companies Court hearing.
A former solicitor for ex-club boss John Askey and a financial lender were also told they were owed £173k apiece.
Macclesfield had only just been relegated from League Two after a points deductionCredit: Getty Images – Getty
Sadly for the Silkmen, that took the club’s debt to over half a million pounds as Covid-19 crippled the club.
All-in-all, Macclesfield are now £536k in debt.
Last season, Sol Campbell quit as Silkmen manager, while players were left furious after not being paid their wages.
Sol Campbell quit the Macclesfield hot seat last seasonCredit: Getty Images – Getty
Macclesfield had endured financial strife for some time – even before the financial repercussions of the coronavirus lockdown.
And after failing to pay their players, the club were immediately slapped with a six-point deduction by the EFL.
They were relegated with the season just 37 games in after sitting 23rd out of 24 teams when the lockdown was enforced.
Source: Soccer - thesun.co.uk