Blue Square Premier newcomers Chester City have issued the following statement:
“On the 8th July 2009 in the High court of Justice, Chancellery Division in Manchester, HM Revenue and Customs (HMRC) filed an application challenging the approval of the company voluntary arrangement (CVA) which was originally approved at a meeting of creditors held on the 11th June, 2009.
“At a hearing held in the Manchester High Court and concluded on Tuesday, His Honour Judge Pelling QC ruled in favour of the application by HMRC in respect of a debt owed by Chester City Football Club Ltd to a connected creditor and revoked the approval of the CVA.
“Martin Shaw of Refresh Recovery Ltd, and the administrator in this matter stated that the decision by the Court, on the application of HMRC, is a setback to the new owners of the club. However, we are actively talking with the Football Association in relation to the impact that this decision will have upon the transfer of the membership to the FA.
“The new owners and the club are working with the Football Association to ensure that Chester City can commence playing matches when the new season starts on the 8th August.
“Further communications will follow when appropriate.”
