No takers to date in Stockport sale

14 December 2009 17:13
County entered administration in April, incurring the statutory 10-point penalty, and Leonard Curtis have been looking after the club's interests since then.[LNB]But in a statement issued on Monday, the firm have called for anyone interested in purchasing the club to come forward as the money is starting to run out.[LNB]The statement read: "Despite the club being marketed extensively for sale since day one of its entering administration, the number of interested parties has been disappointing.[LNB]"Our priority is, and always has been, to establish which parties are credible and which are time wasters so we can achieve a sale of the club as quickly as possible."[LNB]With the club having a number of financial commitments, the main one of which is their tenancy at Edgeley Park, the statement added: "We continue to try and balance the interests of many parties but this is proving to be very difficult.[LNB]"A modest payment is being sought to allow repayment of monies owed to secured creditors and the completion of a Company Voluntary Agreement, which is a requirement of the Football League."[LNB][LNB]

Source: Team_Talk