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Soccer club goes into administration

By: KentOnline reporter multimediadesk@thekmgroup.co.uk

Published: 14:23, 30 April 2005

The club still plans to return to Hartsdown Park next season

MARGATE Football Club has gone into administration to protect the company from its creditors.

The club filed with the courts on Friday after being unable to reach a formal repayment plan.

The club has stressed that the course of action will not effect the return to Hartsdown Park next season.

Administrators have been appointed and negotiations for a voluntary agreement with creditors are set to take place over the next two months.

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