Northwich Victoria, who received a ten point deduction at the start of the season for being in administration, having been threatened with the same sanction again if they do not settle football debts by 31st March. Last week the Conference hit them with a £2,500 fine for breaching Rule 11 after defaulting on payments to a number of clubs and fomer players. They have until March 18th to pay the fine, and if the debts aren’t paid off by 31st March, they will be fined a further £7,500 along with the points deduction.
Northwich Victoria, who received a ten point deduction at the start of the season for being in administration, having been threatened with the same sanction again if they do not settle football debts by 31st March. Last week the Conference hit them with a £2,500 fine for breaching Rule 11 after defaulting on payments to a number of clubs and fomer players. They have until March 18th to pay the fine, and if the debts aren’t paid off by 31st March, they will be fined a further £7,500 along with the points deduction.
Like many non-clubs cashflow has been reduced bythe weather with five home games called off over the Christmas and New Year period. In total the club owes about £15,000. Vics have agreed a CVA with HM Revenues and Customs and other non-football creditors to exit administration. They will repay about 40p in the pound over a five-year period. Cashflow has been eased by the sale of midfielder John D’Layrea to Eastwood Town for an undisclosed fee believed to be around £10,000