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Macclesfield ... now wound up

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Re: Macclesfield Penalty RELEGATED

Postby Dan » Wed Sep 16, 2020 8:57 pm

Sedgwick wrote:
How do you know what his wage was?


Flitcroft told a few of us when we saw him in the services once.
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Re: Macclesfield ... now wound up

Postby Spiritater » Wed Sep 16, 2020 9:09 pm

HitchcocksShins wrote:
Spiritater wrote:Messi on 1 million pw at Barca. Yes he's good but can you really justify it.


Guys everyone stop what you're doing, Spirit Hater just solved football

Carry on crayoning sunshine :lol:
Theirs not to reason why
Theirs but to do and die
Into the valley of Death
Rode the Six Hundred
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Re: Macclesfield ... now wound up

Postby Tippy Tappy Football » Wed Sep 16, 2020 10:13 pm

Stewart Day and Steve Dale destroyed Bury. Almar Alkhadi, an absent owner, has destroyed Macclesfield although it has took him around 16 years and he has never spent big money on wages. John Askey performed a miracle getting them back in the league. George Pilkington was in that promotion team.

It looks like Macclesfield fans may have to form a phoenix club and start again. They have already loaned money to the club so they have lost that money. The season ticket holders will also have lost their money. The good thing is that Cheshire East Council own the ground.

Amar Alkhadi tells more lies than Boris Johnson. (Is that possible? :lol:) He was assuring fans that the club had funds to pay the debt in August last year. The winding up petition was adjourned 12 times!

AMAR ALKHADI BUYS CLUB IN 2004
Brothers Amar and Bashar Alkadhi have pledged to invest "as much money as the club needs" into Macclesfield Town. But the businessmen have vowed to take a sensible approach to the Moss Rose club's finances. "We will not get the club into a poor state of financial health," said Amar. "We want to grow the club steadily in partnership with our fellow directors and support whoever is leading the club. We've wanted to get involved with a second or third division club for a couple of years. Macclesfield first came to my attention through my partner Suzanne Hall. I then met the board and was extremely impressed at their professionalism and how tightly they ran the ship. We were 23rd in the division last March when we joined the board so I knew the problems, but nonetheless we are a little disappointed still to be near the bottom." Amar and his brother are only rarely seen at home games, and gladly walk among the fans to gauge opinions and talk to those they regard as the lifeblood of the club. Amar added: "We have been able to get to three or four away games and we see every single home game on video. Win or lose, it's a highlight for us."

CLUB STATEMENT 20th March 2019
Macclesfield Town would like to reassure fans in light of recent media reports centring on a High Court winding up order. The petition was lodged by HMRC some weeks ago and the issue was subsequently resolved in full. As a result of this petition being lodged, a third party creditor added their name to this prior to the initial case being rectified. This amount was previously in query and as such, it is disappointing that this action was taken. However an agreement has now been reached and the matter will be formally resolved as a matter of priority...

CLUB STATEMENT 26th June 2019
Further to a High Court hearing this morning, Macclesfield Town are pleased to advise that outstanding monies due to HMRC have been settled.

CLUB STATEMENT 3rd July 2019
Further to our hearing at the High Court earlier today, we would like to advise supporters of its outcome. First of all, it has been widely publicised that the winding up petition that we were subject to was led by Egerton Youth Club. We are pleased to confirm that this issue has now been settled in full. Secondly, the petition was added to by a group of six players who were at the Football Club last season in relation to wage payments......The court hearing was adjourned until 14th August, yet we are working hard to conclude this issue in the quickest time possible. In addition to this, we are liaising regularly with both the EFL and the PFA and they are fully aware of our efforts to resolve the matter.

CLUB STATEMENT 14th August 2019
We fully and unconditionally accept that the Club were initially at fault, in that salaries clearly should be paid in full and on the day that they were owed. This is exactly the same for every member of staff - no matter what role they carry out at the club and something which we are committed to making sure happens each and every month going forward. There were times last season when even with the best intentions, this simply was not possible due to a variety of factors - but this was our fault and we take full accountability for it. Secondly, we would like to address the fact that HMRC have now taken over the petition and that this has been adjourned until 11th September. We would like to reassure fans that sufficient funds to clear this in full are available and the matter will be resolved before the hearing.

AN UPDATE ON BEHALF OF AMAR ALKADHI 7th December 2019
Majority shareholder Amar AlKadhi would like to advise that he is currently in advanced negotiations with various third parties, with a view to selling his stake in Macclesfield Town Football Club. Although we are bound by obvious legal restrictions at this present time, a further update will be made as soon as we possibly can.

OUTCOME OF INDEPENDENT DISCIPLINARY COMMITTEE HEARING 19th December 2019
Macclesfield Town can confirm that the club will be deducted six points as a result of pleading guilty to numerous EFL charges. A further four point sanction has also been imposed on the club, which has been suspended at this time.

AN UPDATE FROM AMAR ALKADHI REGARDING PLYMOUTH GAME 20th December 2019
I am aware of press releases which suggest that tomorrow's game against Plymouth Argyle has been postponed. I would like to state that we have never asked the EFL to play the game behind closed doors and as far as I am concerned, the game will be played as scheduled.

AN UPDATE FROM AMAR ALKADHI 15th January 2020
Back in December, I advised that negotiations regarding the sale of a controlling stake in the club were at an advanced stage with various third parties. Much progress has been made in this regard since then and this is exemplified by the fact that bids have now been accepted in principle.
Legally, I cannot divulge any further information on these as they are subject to non-disclosure agreements which I have to respect. Suffice to say that every effort is being made to conclude this process in a timely manner and that I will work tirelessly with everyone concerned until the sale is complete.

MACCLESFIELD TOWN CHARGED WITH MISCONDUCT FOR NON-PAYMENTS OF PLAYERS 9th March 2020
Macclesfield Town has been issued with a further misconduct charge for failing to pay a number of players on the applicable payment dates due in February 2020.

POINTS SANCTION REDUCED 17th March 2020
Macclesfield Town can confirm that an independent arbitration panel has reduced sanctions made on the club by an independent Disciplinary Commission in December 2019. After considering the original verdict which imposed a sporting sanction of ten points (with four suspended) on the club, the panel revised this to a seven-point deduction - four to be applied immediately, with three to be suspended. The League Two table has been amended with immediate effect and we would like to humbly thank the panel for their hard work in reaching this decision...

SILKMEN HIT WITH IMMEDIATE SEVEN POINT DEDUCTION 7th May 2020
Further to an Independent Disciplinary Commission hearing on Tuesday 21st April 2020, Macclesfield Town can confirm that the Club have been served with an immediate seven point deduction - with two additional points suspended. This has been imposed as a result of two further misconduct charges, which the Club admitted at the earliest possible opportunity. These being non-fulfilment of the scheduled Sky Bet League Two fixture against Plymouth Argyle on 21st December 2019 and the non-payment of players on the applicable payment date back in February 2020. The panel ruled that a sporting sanction of four points should be applied immediately in relation to these charges, with two points suspended on the condition that the Club does not breach any further Regulations this season. In addition to this, the Arbitration panel also ruled that three suspended points which related to previous charges should be applied immediately. This means that the Club now reside in 23rd position within the Sky Bet League Two table, having amassed a revised total of 25 points.

SILKMEN THANK SUPPORTERS TRUST 27th May 2020
These are turbulent and unprecedented times for us all and Macclesfield Town are no different from everyone else in having to navigate our way through the global pandemic. To this end, we were all incredibly appreciative of the Silkmen Supporters Trust's recent loan to the Club - the entirety of which was used to settle player salaries which were not covered by furlough. Their decisive action and generous loan contribution unquestionably helped to safeguard our future and I would personally like to thank everyone involved for this. Amar AlKadhi, Majority Shareholder

SILKMEN HIT WITH FURTHER EFL CHARGES 1st June 2020
Macclesfield Town can confirm that notification has been received from the English Football League, which charges the Club with further regulation breaches - all of which are relating to the payment of salaries due at the end of March 2020. The Club are deeply surprised by these charges, as the Arbitration Panel at our last hearing adjudicated the following after close examination of all the relevant evidence. Macclesfield Town will understandably be appealing these charges vehemently and will provide a further update in due course.

WINDING UP PETITION EXTENSION GRANTED 9th September 2020
Further to this morning's court hearing regarding the Winding Up Petition lodged against the Club, we would like to provide the following update relating to it. Due to inaccuracies within the information provided to the court by petitioning creditors, the presiding Judge granted an extension of seven days in order for these to be rectified. In addition to this, Majority Shareholder Amar Alkadhi re-confirmed his intention to conclude the sale of his stake in the Club at the earliest possible opportunity. Mr Alkadhi also assured the court that provisions are in place which could settle the lead petitioner's outstanding debt. We are confident that a successful resolution will be gained in the near future and a further update will be issued in due course.

WINDING UP PETITION MADE 16th September 2020
Macclesfield Town Football Club has been wound up in the High Court over debts totalling more than £500,000. Judge Sebastian Prentis made a winding-up order during a hearing in the Insolvency and Companies Court after being told £190,000 was owed in tax. In addition, a solicitor for John Askey said the National League club's ex-manager was owed £173,000, while a financial lender was owed the same sum. Amar Alkadhi had asked for a further eight-week adjournment. The winding-up petition, which had been adjourned for a 12th time last week, began in January 2019 and was scheduled to be heard again on Wednesday after Alkadhi claimed that a sale to Robert Benwell was at an advanced stage. Benwell, who previously tried to buy Bury, was not mentioned in court on Wednesday by Alkadhi's lawyer, who asked for a further eight weeks to allow a sale to go through. The judge later said that a business plan from Benwell had not been put forward to the court. The court was told that Alkadhi understood the amount due to creditors was actually just £4,000, had made a late offer to pay an initial £20,000 of the debt owed to HM Revenue & Customs and had made available a screenshot of a bank statement with £1.1m of funds to show that creditors could be paid. However, Judge Prentis said he would grant a compulsory order, saying "nothing gives me comfort that the club can pay its debts in a reasonable period" and that there had been "ample opportunity" for Alkadhi to pay off creditors. He went on to say that he had not been told by Alkadhi where the £1.1m had come from or why outstanding debts had not already been paid.
Last edited by Tippy Tappy Football on Wed Sep 16, 2020 10:28 pm, edited 4 times in total.
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Re: Macclesfield ... now wound up

Postby The One » Wed Sep 16, 2020 10:21 pm

Own up, who read that all the way through ?
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Re: Macclesfield ... now wound up

Postby Tippy Tappy Football » Wed Sep 16, 2020 10:31 pm

Will Southend United (winding up petition) or Oldham Athletic (mad foreign owner) be next?
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Re: Macclesfield ... now wound up

Postby The One » Wed Sep 16, 2020 10:49 pm

Tippy Tappy Football wrote:Will Southend United (winding up petition) or Oldham Athletic (mad foreign owner) be next?


It could be any number of clubs even Prem ones in uncertain times. Leicester are owned by airline
company I believe, not saying Leicester its just an example.
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Re: Macclesfield ... now wound up

Postby sunray » Wed Sep 16, 2020 11:09 pm

Poor old Sol Campbell. Macclesfield still owed him money. Have to write it off in the same way as presumably the pay due from Notts County and potentially Southend.

Hard to feel sorry for him "Hallington Hall was put up for sale for just under £6 million"

Still there will soon be lots of bankrupt clubs looking for an experianced manager. In a decent club he could potentially be a good manager, just needs to do his due diligence better.
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Re: Macclesfield ... now wound up

Postby Tippy Tappy Football » Wed Sep 16, 2020 11:23 pm

Statement by Southend Chairman, Ron Martin. It looks like they are under an embargo like Bolton Wanderers and are only allowed 23 first team players which includes some of their young lads as Sol Campbell played them last season. Season card money has also been held back by Card Net/Lloyds Bank.

I assume Stephen McLaughlin is included in the reference to underperforming players.

"Mark Molesley inherited a young squad as a consequence of me taking my scalpel to the squad throughout last year. There were many players last season (and the year before if the truth was known) who enjoyed big salaries but did not perform to either their ability or maybe our recruitment could be criticised too. Throughout last year we negotiated the payoff of four players and contracts came to an end in June… a change around of some 13 personnel. Changes needed to be made and this was a deliberate strategy to clear the decks for the new management team. Nevertheless over the summer the continued support of the Academy witnessed an additional nine young players on the recommendation of Ricky Duncan, our long standing and high experienced Academy Manager. As a result the Club has one of the largest squads in League Two of some 28 professional players.

The fact is we expected to discharge the HMRC debt before today’s hearing. We have reduced the balance to HMRC, by a third but cashflow over the past six months has been very limited and we have had the carry the club costs through this difficult Covid period including paying off overpaid/underperforming players. That cashflow has not been assisted by both the limited number of season cards that we could sell (I guess 50% of normal) and compounded by our card merchants, Cardnet, not releasing any funds to the club as a result of their change in policy. As a consequence all season card monies are still held by Lloyds Bank. The Club could in theory unblock those monies by asking supporters to pay by cash but as matters stand we would rather help where we can and carry the burden until matters improve, which they will. I am in dialogue with the hierarchy at Cardnet and hopefully there will be some relaxation on their new policy to assist the club.

https://www.echo-news.co.uk/sport/18726 ... on-martin/
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Re: Macclesfield ... now wound up

Postby Rob » Wed Sep 16, 2020 11:43 pm

How very sad that such an old football club has come to a temporary end like this - I am sure a new club will be set up but when this happens I don't think about the fktards that caused the problems but the genuine fans who are probably heartbroken.
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Re: Macclesfield ... now wound up

Postby Gazmoose82 » Thu Sep 17, 2020 1:24 am

First of many to come I'm sure.... sad reality but inevitable.
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Re: Macclesfield ... now wound up

Postby HitchcocksShins » Thu Sep 17, 2020 7:50 am

The One wrote:Own up, who read that all the way through ?


:lol: likely only TTF
Next PYHBO! Issue due first game back.

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Re: Macclesfield ... now wound up

Postby Sandy Pate Best Stag » Thu Sep 17, 2020 9:42 am

Vindication for the EFL appealing the punishment at the end of last season.

They were never going to complete this season.
Who are you calling pedantic? I resemble that remark!
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Re: Macclesfield ... now wound up

Postby Tippy Tappy Football » Thu Sep 17, 2020 10:19 am

HitchcocksShins wrote:
The One wrote:Own up, who read that all the way through ?


:lol: likely only TTF


Like most posts on social media, it was mainly for the author's own pleasure or benefit :lol:
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Re: Macclesfield ... now wound up

Postby Tippy Tappy Football » Thu Sep 17, 2020 10:07 pm

I feel sorry for John Askey who is owed £173,000 yet there are stories that Sol Campbell has been paid. That's a huge amount for a lower league manager to lose.
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Re: Macclesfield ... now wound up

Postby Tippy Tappy Football » Fri Sep 18, 2020 7:52 pm

The Supporters Trust has stated on their website that the Official Receiver has received five bids for the club. Two are viable with the remaining three being from property developers.

The Chairman of Witton Albion has offered Macclesfield season ticket holders free entry to their game against Whitby which is a nice gesture.
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Re: Macclesfield ... now wound up

Postby Sandy Pate Best Stag » Sat Sep 19, 2020 9:05 am

Tippy Tappy Football wrote:The Supporters Trust has stated on their website that the Official Receiver has received five bids for the club. Two are viable with the remaining three being from property developers.

The Chairman of Witton Albion has offered Macclesfield season ticket holders free entry to their game against Whitby which is a nice gesture.


I hope the viable bidders have deep pockets as they will have to outbid the developers. There is no sentiment in liquidation sales.
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Re: Macclesfield ... now wound up

Postby cassellswasmagic » Sat Sep 19, 2020 9:23 am

Piece about Macclesfield Town on Football Focus today.
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Re: Macclesfield ... now wound up

Postby HitchcocksShins » Sat Sep 19, 2020 2:33 pm

Finally went the way of local lad Ian Curtis
Next PYHBO! Issue due first game back.

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Re: Macclesfield ... now wound up

Postby Dan » Sat Sep 19, 2020 6:38 pm

I heard today that they haven’t actually been wound up. Someone at AFC Telford said that they were playing Chester today in a friendly and that he’s expecting Telford to be playing Macc in a friendly next week!
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Re: Macclesfield ... now wound up

Postby Tippy Tappy Football » Sun Sep 20, 2020 9:48 am

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Re: Macclesfield ... now wound up

Postby part time pete » Sun Sep 20, 2020 12:28 pm

Dan wrote:I heard today that they haven’t actually been wound up. Someone at AFC Telford said that they were playing Chester today in a friendly and that he’s expecting Telford to be playing Macc in a friendly next week!


You heard wrong, Dan. There is no way Macclesfield Town FC played yesterday or next week.
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