Darlington are set to offer less than a penny in the pound to creditors under draft CVA proposals.
183 unsecured creditors are owed a total of over £6.8million, with nearly another £1million owed to secured football creditors. Over £400,000 is owed in taxes, while the smallest creditor is owed just 64p.
A number of local businesses have told the local press they will find it difficult to continue to do business with the football club after the offer. One hotel owner, who is owed £2,560 for the stay of a loan player, will receive barely £230.
Meanwhile, Northampton say they will be on a par with the bulk of League Two in terms of wage bills next season. Manager Stuart Gray told the Northampton Chronicle: "I think we're on an even keel with about 70 per cent of the other teams in League Two. You look at last year, and Bradford and Shrewsbury both had budgets of £1.8m, but we're definitely nowhere near that."