Tuesday, December 08, 2009
King's Lynn on the Brink
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- BBC 8 December 2009
King's Lynn are likely to be wound up on Wednesday
King's Lynn face going out of business on Wednesday with their latest date at the High Court in London.
With mounting debts and a near-£70,000 tax bill, the club are likely to be wound up unless a saviour can be found who can ensure financial stability.
Chairman Ken Bobbins told BBC Radio Norfolk that an 11th-hour rescue is unlikely, despite his best efforts.
He said: "No, I don't think so - the phone's been pretty busy today but nothing positive has come out of that."
Bobbins also confirmed that an anonymous individual had been in talks regarding a takeover, but the Football Association's ownership regulations got in the way.
He said: "He came forward with a proposal which we thought was OK, would have saved the club, but he wanted to take the club over as a sole trader.
"Now he is already an extremely successful businessman in another area of sport, with rules equally as complex as the FA's, if not more so.
"Unfortunately when we approached the FA they wouldn't allow him to do it with King's Lynn Football Club."
Meanwhile the Unibond League Premier Division club have received some sympathy from celebrity astrologer Russell Grant.
A keen non-league football fan, Grant told BBC London's Non-League Show that Lynn's trouble stems from when they were moved into Blue Square North after winning the Southern League in 2008.
"Two years ago they got bunged from the south to the north," he said.
"Because of the cost of players, the cost of travelling and having to change their squad they had to drop all the players from the south and east.
"And look what's happened, it doesn't take a great astrologer like me to forecast that this was the beginning of the end." BBC
- BBC 8 December 2009
King's Lynn are likely to be wound up on Wednesday
King's Lynn face going out of business on Wednesday with their latest date at the High Court in London.
With mounting debts and a near-£70,000 tax bill, the club are likely to be wound up unless a saviour can be found who can ensure financial stability.
Chairman Ken Bobbins told BBC Radio Norfolk that an 11th-hour rescue is unlikely, despite his best efforts.
He said: "No, I don't think so - the phone's been pretty busy today but nothing positive has come out of that."
Bobbins also confirmed that an anonymous individual had been in talks regarding a takeover, but the Football Association's ownership regulations got in the way.
He said: "He came forward with a proposal which we thought was OK, would have saved the club, but he wanted to take the club over as a sole trader.
"Now he is already an extremely successful businessman in another area of sport, with rules equally as complex as the FA's, if not more so.
"Unfortunately when we approached the FA they wouldn't allow him to do it with King's Lynn Football Club."
Meanwhile the Unibond League Premier Division club have received some sympathy from celebrity astrologer Russell Grant.
A keen non-league football fan, Grant told BBC London's Non-League Show that Lynn's trouble stems from when they were moved into Blue Square North after winning the Southern League in 2008.
"Two years ago they got bunged from the south to the north," he said.
"Because of the cost of players, the cost of travelling and having to change their squad they had to drop all the players from the south and east.
"And look what's happened, it doesn't take a great astrologer like me to forecast that this was the beginning of the end." BBC
