.png)
Telford owe over £6m
Telford United Football Club owe over £6m. The club was put into liquidation this afternoon reports the Shropshire Star.
A report by the club's directors showed the former Nationwide Conference outfit had assets of £78,000 but owed over £6 million - the bulk of the money being a loan for the construction of the New Bucks Head stadium.
The liquidator revealed that there was now "little chance" of anyone getting the cash they were owed.
Telford was forced into liquidation after chairman Andy Shaw's Miras Group went into receivership in March facing huge debts.
The liquidator is to meet directors of the new club, AFC Telford United, to see if the club can make use of the Buck's Head ground and stadium facilities.