Crisis club Aldershot have been placed in administration just five days after being relegated from the Football League.
The Hampshire outfit were founded as Aldershot Town as recently as 1992 after Aldershot Football Club, which had been in existence since 1926, went out of business.
After successive non-league promotions Town returned to the Football League in 2008 but their five-year stay came to an end last weekend as they finished bottom of the npower League Two table.
And with the club's perilous financial state causing growing concern and with players still not paid their April wages, it has been announced that Aldershot have entered administration - bringing back dark memories of their past.
Quantuma Restructuring have been appointed as joint administrators and they released a short statement.
"At 10.05am today Carl Stuart Jackson and Paul Anthony Goddard of Quantuma Restructuring were formally appointed as joint administrators of Aldershot Town F.C. (1992) Limited in the High Court," it read. "Quantuma are currently reviewing the club's financial affairs and will release further details shortly."
Aldershot are yet to release an official statement of their own.
Source: PA
