Farsley Celtic in administration

Farsley have today entered into administration thus avoiding a winding up petition in court tomorrow. This means that they will begin the season -10 points but their problems are just beginning.
God knows how they have managed to recruit players over the last few weeks with no money !!!
Watch this space.

The owe the Inland Revenue close on £200k
Asset rich (they own their ground) but cash poor

I personally hope they stay around i enjoy the local derby against them !!!! and the away trip is always good

I am led to beleive it's over £400K.

They will get at least a 10 point deduction, haven't some clubs been relegated from the league for going into administration?

How they will hang on to some of their players will be interesting to watch, they must expect to be fairly well paid.

I'm also pleased that Farsley have survived, keeps our excellent Christmas/New Year games intact. Like others I don't understand how they are continuing to recruit 'expensive' players like Ellington (£400 a week at least I'd guess), and Krief wont come cheap either. The Administrators will presumably be looking at their wage bill fairly closely. Still, had they gone under the league would have had to have opated with 21 clubs, real messy.