Quakers squad allowed to leave

08 May 2009 12:43
The club are on the brink of closure after failing to find a new owner following their entry into administration in February, with administrators bidding to cut costs and keep the club afloat for as long as possible.[LNB]Only 17-year-old Josh Gray is exempt from the cull due to his age, while coaches Neil Maddison and Craig Liddle have been retained to look after the football side of the club following the departure of caretaker-manager Martin Gray and his backroom staff.[LNB]A club statement read: "Following the end of the playing season and the expiry of the player deferral agreements, and considering the reduced levels of income in the close season, the administrator has unfortunately been forced to allow the majority of the first team to leave the club with immediate effect.[LNB]"This decision has been made to enable the club to trade as long as possible in order to allow any potential buyer as much time as possible in order to make an offer for the club."[LNB]The Quakers saw the deadline for offers from a prospective buyer pass this week and administrator David Clark claimed the situation was "very serious and worrying".[LNB][LNB]

Source: Team_Talk