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Royalists wound up

Zamaretto Premier League club Windsor and Eton have been wound up in the High Court.  The winding up order against the Royalists was brought by the roundheads of Revenue and Customs over a £60,000 tax debt.   However, this was the tip of the iceberg with the club's total debts being around £250,000.

Two non-league clubs survive

Two non-league clubs that were on the brink of folding, Welling United and Windsor & Eton, have managed to survive at the last minute.


In the case of Welling in South-East London they originally owed Revenue and Customs £97,000.   They managed to pay off £37,000, but were facing a winding up order in the High Court tomorrow.   Their supporters rallied round and managed to pay off the remaining £60,000.

Royalists face axe

It now looks increasingly likely that Windsor & Eton will be wound up in the High Court on Wednesday.  They will follow the likes of Ilkeston, Chester and King's Lynn who have all closed in the last year, while Welling United is in danger.  

Royalists get reprieve

Windsor & Eton have been given 28 days' breathing space in the High Court over the £50,000 they owe the tax authorities.  However, they are expected to go into administration very soon.  The relevant rules state that they must either pay creditors in full or have entered a Company Voluntary Arrangement to pay them off in full in three years.

Uncertain future for Royalists

The future for Windsor & Eton remains uncertain.  On the one hand, they have a prospective new owner in Kevin Stott but Revenue and Customs are pressing ahead with a winding up order against a club whose debts could be as high as £249,000.

Royalists in danger

Windsor and Eton face going out of business unless they can find £10,000 to pay to the tax authorities by November 10.  The Royalists were promoted to the Zamaretto Premiership last season.

Martyrs find saviour

Welsh businessman and Cardiff City supporter Annis Abraham is ready to pick up the pieces once Merthyr Tydfil are liquidated on May 3.  He cannot pay off the £315,000 debt and the only way forward is to start again.  Merthyr will be rebranded and are likely to apply to join either the Western or the Hellenic League next season (they have never been interested in the Welsh League with its small crowds).   They have successfully renegotiated a £100-per week lease for their Penydarren Park ground next season.

Failures and rescues in the non-league

The last week in the non-league has seen one likely failure, two rescues, one club on the brink and one set of fans disappointed.   This tally does not include our earlier story on Farnborough with the club avoiding a winding-up order at the last minute.   The recession has hit non-league clubs hard as they are often reliant on the owners of smaller businesses.   Cash is king at this level and cash flow at many clubs was hit by the bad winter weather.

Farnborough beat winding up order

Zamaretto Premiership leaders Farnborough have beaten a winding-up order brought by their coach company by settling the debt before the High Court heard the case.  However, unconfirmed reports suggest that all is not well at the club which has had financial problems in the past.  It has been alleged that players have not paid on time.  It is believed that the club may cost about £10k a week to run.  Recent attendances have been insufficient to sustain that level of ex

Martyrs on the brink

Merthyr Tydfil fans have launched a last-minute appeal to save thier club.  The Martyrs have been in administration since last June.   They want supporters to loan fans' group Martyrs to the Cause £100 each to launch a bid to buy back the club before a March 26 deadline set by administrator Mark Bowen.