Call us now!
Free Consultation!


Blackpool FC faces Insolvency event penalty

Jonathan Taylor - March 26th, 2019


Blackpool’s board will shortly review the financial position of the club before the English Football League decides whether any penalties are required in relation to a potential insolvency event.

The football club was placed into receivership on 13 February, appointment made by the High Court.

Former owner Owen Oyston and his daughter Natalie Christopher recently left the board and the appointment of receivers was subsequently confirmed.

A breach of insolvency regulations of this nature could lead to a 12-point deduction. This would obviously have a significant impact on the club’s ambitions to reach the play-offs.

Source: BBC Business News

T H Financial Recovery work with both individuals and businesses in financial difficulty.  If your business is facing problems and you need advice on the options available, such as new funding, business restructuring or help with insolvency, we can help.

Give us a call to arrange a FREE, no obligation consultation.  We handle both informal and formal insolvency work, including:

Business Assessment and Restructuring, New Funding Options, Creditor negotiation and time to pay arrangements, Company and Individual Voluntary Arrangements (CVAs & IVAs), Administration, Liquidation, Bankruptcy.