Bottom of the National League with a winding-up petition having been served and a takeover moving forward glacially slowly, Scunthorpe United are in a mess...
Considering what has been going on around the club, the result was a pleasant surprise. The first weekend of the New Year brought a 3-0 win for Scunthorpe United against Maidenhead United, with. It wasn’t enough to lift them off the bottom of the National League table but it did at least close the gap on those above them to just two points, and when you haven’t won in the league since the last weekend in October, every little helps.
due diligence – essentially a pre-sale appraisal of the company to ascertain its commercial position and ensure that there isn’t anything too unpleasant lurking in a corner of the accounts or anything like that – and to begin the process of the transfer of ownership. It was confirmed at the start of December that all concerned had reached terms.
But we’re now into the second week in January, and there has been no update on this since December 21. And in the meantime another name has been thrown into the ring: Norman Smurthwaite, the former owner of Port Vale. Swann that he was encouraged to gamble beyond his means by Apollo, who received £3.8million from him during a three-year period between 2015 and 2018.
And to fall below this level only makes the task of getting back all the more difficult. Stockport County dropped into the National League North and it took them six years to get promoted back. York City followed the same route and it took them four seasons; five years, including a season curtailed on account of the pandemic. But it’s not all doom and gloom. York got back into the National League at the end of last season and are safely ensconced in mid-table. Stockport went one better.
This has certainly happened in the past; in fact, it’s happening right now. A winding-up petition brought against another National League club, Southend United, by HMRC on November 9 was deferred to January 18. Multiple postponements have been granted before, but there is always an element of risk. The matter is taken out of the club’s hands, and there’s nothing to stop a judge denying one and issuing the order.
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