THE debt-ridden company behind Chester City FC has been wound up.

Chester City FC 2004 Ltd failed to settle its debts with HM Revenue & Customs resulting in the adjudication at the High Court in London this morning.

In January the company was given six weeks to finalise proposals for a Company Voluntary Arrangement (CVA) aimed at enabling the club to clear its immediate debts – £26,125 of which is owed to the taxman.

Come back to ChesterChronicle.co.uk  for more updates on this story.