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  1. #1
    Members Boys 9d's Avatar
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    Conference expel a second club (Salisbury City) for financial irregularities


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    http://www.salisburycity-fc.co.uk

    I wish the Football League were as decisive.

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    • #2
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      Isn't this the second time something like this has happened to them?
    • #3
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      Quote Originally Posted by One Teddy Maybank View Post
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      Isn't this the second time something like this has happened to them?
      Demoted in 09 /10 ,Full time team on gates of 1000 don't work.
      In The ex Legion now known as Lower Bourne Social Club again
    • #4
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      Relegated to Conf South and need to find 50k or get relegated again.
      In The ex Legion now known as Lower Bourne Social Club again
    • #5
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      Conference Statement:
      The Football Conference Ltd has issued the following statement concerning the membership of Salisbury City Football Club Ltd……
      The club has failed to meet the requirement to settle all football creditors in cleared funds by 5pm Thursday, 12th June 2014. Furthermore, it has also failed to provide a financial bond of£50,000 by the same time and date.
      These elements constitute two of four requirements unanimously set by members of the Board of the Football Conference Ltd, in attendance and eligible to vote, on Friday, 6th June which, if fulfilled, would enable the club to retain its membership of the Conference National Division.
      If unfulfilled the club was advised at the meeting it would be liable to be expelled from the Competition and the Company under Article 5.2 or be relegated.
      At a Board meeting today (13 June) the Directors considered various issues relating to the club's financial stability, in particular the club's failure to provide the Bond and its failure to settle all its football creditors by the due date.
      The Directors in attendance at the meeting, and eligible to vote, unanimously agreed to invoke the latter part of its previous decision and relegate Salisbury City FC from the Conference Premier to Conference South.
      Furthermore, if a Bond of £50,000.00 (or a Bank Guarantee) is not deposited, and the football creditors have not been settled in cleared funds, by 5pm on Friday, 4th July 2014, the club will be expelled from the Competition and the Company.
    • #6
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      Didn't Salisbury sign up a Saudi prince recently?
    • #7
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      Quote Originally Posted by TheJasperCo View Post
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      Didn't Salisbury sign up a Saudi prince recently?
      It has been reported as such (even they are supposedly under a transfer embargo).

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