CHESTER City live to fight another day after the Football Conference confirmed the club has paid off its football debts.
The Conference, who were threatening to kick the Blues out of the Blue Square Premier, have just released a statement.
It reads: The Football Conference and the Football League have been working together to reach a decision over the release of discretionary payments in favour of Chester City FC, thereby retaining the integrity of both competitions and enabling legal undertakings and orders were met by the Club.
As part of a commitment made by Chester City FC towards settling these matters, Chester City FC agreed to make up any potential shortfall between the funding due and football creditors. The Club has, therefore, lodged a payment of £36,600 with the Football Conference. Upon clearance of such payment and release of that funding, the threat of expulsion from membership will be withdrawn.
Brian Lee, Chairman of the Football Conference states: “Together with my fellow Directors and staff at the Football Conference; and with our other football partners, particularly the Football League and the PFA, everyone has worked tirelessly to save Chester City FC from expulsion. The Club’s recent history should send a warning signal to every club.
He added: “In anticipation a satisfactory conclusion will be reached, we are hopeful those who have supported the club through such difficult times, especially the fans on the terraces, appreciate the position we as a competition faced in dealing with this situation. We wish all those currently connected with Chester City FC will ensure the club deal promptly with all matters of financial prudence in the future and our combined efforts will not have been in vain.”
