A LONDON High Court judge has thrown out an application to have Northwich Vics compulsorily wound up.
The bid against Northwich Victoria Football Club (2004) Ltd was dismissed because of owner Jim Rushe’s decision to put the club into administration on Friday.
Today’s hearing, brought by Revenue and Customs, lasted a matter of seconds.
“It was dismissed because of the fact we’re now in administration,” said Rushe. “It was nothing to worry about.
“Things with the administrators are going well, they’re getting through everything pretty quickly,” he added.
Rushe called the administrators in on Friday to try to alleviate crippling tax debts of around £400,000 inherited from former chairman Mike Connett.
It is not yet known whether Vics will be punished by the Football Conference. A decision will be made at the body’s AGM next month, but Vics are expected to start their Blue Square North campaign with a 10-point deficit.
Vics’ short-term future has been placed in the hands of administrator Daniel Hennessy, an expert in helping companies recover from the threat of financial meltdown.
Rushe this week maintained his bid to buy the Marston’s Arena for £1.5m from finance firm Deloitte, who seized the ground when former landlord Connett’s company Beaconet was wound up in January, would be complete by June 12.