• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

Betting Offers UK

Best Free Bets & Casino Sign Up Offers For 2022

  • Betting Offers
  • Free Bets
  • Casino Bonuses
  • Home
  • New Sites
  • Free Spins
  • Free Bet Clubs
  • Loyalty
  • Football
    • Premier League
  • Horse Racing
    • Cheltenham Festival
      • Disruptions & Cancellations
      • Old Course v New Course
      • Prestbury Cup
      • Top Trainers
      • Top Jockeys
      • Amateur Races
    • Grand National
      • Picking a Winner
      • Grand National Winners
      • Grand National Fences
      • Disruptions & Cancellations
      • Back to Back Winners
      • How Often Does the Favourite Win?
      • Prize Money
      • Virtual Grand National
      • Grand National Sponsors
      • Reserve Horses
      • How Many Finish
      • How Many Run
      • Grey Horses
      • Popularity
      • Amateur Jockeys
  • Irish Lottery
  • Blog

Are Macclesfield Town the First of Many English Football Clubs Go Bust in 2020/21

16 September, 2020

Macclesfield Town Moss Rose Ground
Photo © David Lally (cc-by-sa/2.0)

The harsh reality for many football clubs in the English pyramid is that if they were struggling financially prior to the coronavirus pandemic striking, they really do face an almighty battle to survive the next season or two.

Gate receipts are an essential component of survival for any lower league team that is not aided by huge commercial deals and sponsorship, and while fans remain barred from entering grounds for safety reasons these clubs are going to continue to lose money week after week.

Such conditions have ultimately led to the downfall of Macclesfield Town, a proud old club that dates back more than a century – they would have celebrated their 150th anniversary in 2024.

But the Silkmen won’t have a chance of enjoying the landmark after they were wound up by the High Court with immediate effect – they now cease to exist as a football club.

The shocking news came after it was revealed Macclesfield owed creditors more than £500,000, and with £190,000 of that owed to HM Revenue & Customs it’s not a huge surprise that Judge Sebastian Prentis decided to issue a winding-up order against the club.

Their chairman, Amar Alkadhi, had asked for an eight-week adjournment as he sought investment to pay off the tax man and John Askey, the club’s former manager who claims he is owed £173,000 in wages, but that motion was rejected.

Without gate receipts – and not aided by their relegation from League Two after being docked 12 points for those financial irregularities, it was just a matter of time before the Silkmen’s race was run.

And now the concern is who might follow them to the great footballing graveyard in the sky, with Southend United also now facing a winding up order as the beautiful game faces up to its darkest hour.

Silkmen Part of the Fabric of English Football

Blue Silk

When your players are going on strike having failed to have been paid on time, you know the writing is on the wall.

And that’s the situation that Macclesfield Town found themselves in during the 2019/20 campaign, with three separate failures to pay on time resulting in points deductions and games against Plymouth and Crewe being postponed.

In fairness to the players, when they did get their money owed they put in a decent shift on the pitch, and it was only the EFL’s cruel 12-point deduction that saw them relegated to the fifth tier of English football.

But it was still a cruel blow when the High Court was forced to step in, particularly as Alkadhi claimed to have been in ‘advanced talks’ with Robert Benwell, who had previously tried to rescue doomed Bury, over the sale of the club. However, Benwell had not submitted a business plan to the judge.

The chairman had also shown a bank statement in court for an account with £1.1 million in it, claiming that the bulk of the club’s creditors could be paid, however the court was not satisfied that the debts would be paid in a satisfactory timeframe.

And so the death knell sounded for Macclesfield Town, as they have been known since 1946, having been rebranded from plain old Macclesfield, the original club founded in 1874.

They have played much of their football in the professional ranks in recent years, and twice won the FA Trophy. All of the club’s players and staff will now have to seek new employment, while their fans may need to find a new hobby to take up of a Saturday….

Southend United Facing Football’s Grim Reaper

Calculator and Accounts

Which football club will be next to face a visit from the Grim Reaper is unclear, although one think that is known is that the hooded figure will be busy in the coming months if spectators are not allowed to begin attending live games soon.

One obvious candidate for the chop appears to be Southend United, who it has been revealed owe HM Revenue and Customs the best part of £500,000 in unpaid tax.

As we know, this government agency are not shy in getting the big guns involved, and a winding-up petition has been issued against the Shrimpers – this has since been adjourned until October 28, when they will have to stump up the bill or face the consequences.

One advantage Southend have over Macclesfield is that they have sold their home ground. Roots Hall, where they have played since 1955, has been sold to property developers who have plans for 502 homes to be built on the site – the hope is that the financing of that deal will be enough to provide a stay of execution.

The plan is for the club to move to a new stadium built in Fossetts Farm in the coming seasons, although construction work has yet to begin. The club’s fans will be hoping that they get a chance to see their beloved strut their stuff at the new venues….before time runs out for another proud English football club.

Previous Post: « The Most Red Cards Shown in a Football Match and How Many it Takes to Abandon a Game
Next Post: Bankrupt Footballers Who Lost Their Fortunes »

Primary Sidebar

Blog

Brazil Flag Against Blue Sky
Project Libra: Could Brazil’s Club-Led Revolution Be the Blueprint for a New Order in World Football?
Microphone Against Colourful Lights
What is the Best Eurovision Performance of All Time?
Money Exchanged Against Football Stadium
Footballers with Family Members as Agents - How Much Do They Earn?
Football Video Game on TV
The History of EA Sports’ FIFA Video Game Series with the Franchise Set to End from 2023
Champions League Ball on Plinth
Champions League 2024: All the Changes Confirmed as UEFA Reveals Revamp
More Blog Posts | Full Archives

Archives

Betting Sign Up Offers

  • Free Bets
    • Bet £5 Get £20/£30+
  • Casino Bonuses
  • Free Spins

Loyalty Offers

  • Acca Bonuses
  • Acca Insurance
  • Best Odds Guaranteed
  • Free Bet Clubs
  • Loyalty Points

Major Events

  • Grand National
    • How to Pick the Grand National Winner
    • Grand National Winners
    • Grand National Fences
    • Prize Money
    • Disruptions & Cancellations
    • Back to Back Winners
    • How Often Does the Favourite Win?
    • What is the Virtual Grand National?
    • Grand National Sponsors
    • Reserve Horses
    • How Many Horses Finish?
    • How Many Horses Run?
    • Most Successful Owners
    • Changes Over Time
    • Female Jockeys
    • Grey Horses in the Grand National
    • Amateur Jockeys
    • Popularity
  • Cheltenham Festival
    • Festival Disruptions & Cancellations
    • Old Course v New Course
    • The Prestbury Cup
    • Top Trainers
    • Top Jockeys
    • Amateur Races
  • Premier League
    • Without the Big Six?
  • Irish Lottery

Related Posts

  • Project Libra: Could Brazil’s Club-Led Revolution Be the Blueprint for a New Order in World Football?
  • Footballers with Family Members as Agents - How Much Do They Earn?
  • The History of EA Sports’ FIFA Video Game Series with the Franchise Set to End from 2023
  • Champions League 2024: All the Changes Confirmed as UEFA Reveals Revamp
  • Carlo Ancelotti Becomes the First Manager to Win a League Title in Each of Europe’s Big Five Leagues: Who Else Has Come Close to Doing the Same?
  • Mino Raiola: The Life and Career of a Football Super Agent
  • Exeter City Prove That Fan-Owned Football Clubs Can Survive and Then Succeed
  • The Panenka Penalty Kick: What Is It and Who Invented It?
  • Independent Football Regulation in England: Major Changes Due with Fans Set to Get More Say
  • Is Coming Out of International Football Retirement a Good Idea?

Betting Blog

  • American Football
  • Athletics
  • Betting Industry
  • Boxing
  • Cricket
  • Darts
  • Football
  • General
  • Golf
  • Horse Racing
  • Motor Racing
  • Politics
  • Rugby
  • Snooker
  • Tennis
betting-sites.co.uk
gambling-sites.co.uk

Copyright © 2022 Betting-Offers.com | BeGambleAware.org 18+