Troubled Northamptonshire football club Rushden & Diamonds FC was placed into administration at the High Court yesterday after failing to attract new investment following their expulsion from the Football Conference last month.
Attempts to find new investment from a Japanese property company faltered on Sunday and the SaveRDFC supporters group failed to raise the necessary funds to save their club.
Gary Carter of insolvency practitioners Carter Clark commented “Sadly Rushden & Diamonds FC Limited has been placed into administration by the secured creditor, after failing to attract the necessary funds to continue. It is very sad when such a popular club fails and our thoughts are with the fans who must be very disheartened that attempts to save their club have not succeeded.”
Alan Clark of Carter Clark has been appointed administrator by the debenture holder. The administrator is not in a position to carry on trading the business.
Formal notice of the appointment, together with a proof of debt form enabling creditors to lodge claims in the administration, are available from the insolvency notices section of Carter Clark’s website.
The club played in the Blue Square Bet Premier league in the 2010-2011 season.
For further details see www.thediamondsfc.com or fans website www.saverdfc.com. The fans forum is at www.thediamondsforum.co.uk.
Notes for Editors:
The club changed ownership in December 2010 when effective control passed to Liam and Steve Beasant.
SaveRDFC have stated that they are keen to gauge interest locally in starting a new club to be called AFC Rushden & Diamonds for the 2012/2013 season.
Carter Clark are specialists in financial recovery and have acted for a number of sports related businesses.
They are renowned for their sensitive and professional approach to difficult situations.
For any further information please contact:
Sabra Swinson or Jane Thompson or Adam Mann at Cerco Communications on 01727 847407 0r 07785 917089
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The affairs, business and property of the Company are being managed by the Administrator, A.J. Clark, as agent for the Company and without personal liability
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