Darlington are on the verge of going out of business after the club's administrator warned he may have to 'cease to trade in a very short time'.
Quakers could 'cease to trade' unless investment is found
Darlington are on the verge of going out of business after the club's administrator warned he may have to 'cease to trade in a very short time'.
The Quakers were plunged into administration for the third time in nine years earlier on Tuesday, with chairman Raj Singh claiming he had no other option but to take the drastic measure.
The Blue Square Premier side have now been deducted 10 points by Conference chiefs, but there appears to be a very real danger that they will not be able to fulfil the remainder of their fixtures this season.
The Quakers, who lifted the FA Trophy at Wembley in May 2011 under former manager Mark Cooper, are currently being guided by caretaker boss Craig Liddle, who took over in the hot-seat in October.
Darlington are scheduled to travel to Barrow on Saturday in their next Blue Square Premier fixture, but it remains to be seen how long they can continue, with the administrators admitting that 'every day is critical if the club is to survive'.
A local consortium of businessmen, the Darlington Football Club Rescue Group (DFCRG), had met with Singh, but have admitted they are not in a position to take over the club.
Matter of urgency
And the tone of the statement issued on behalf of joint administrator Harvey Madden on the club's
official website painted a very bleak future if imminent investment is not forthcoming.
The statement read: "I was appointed as Joint Administrator of Darlington Football Club (2009) Limited, together with my co-administrator, Peter Gray, earlier today by the directors of the club.
"I am currently exploring all options to try and find a way to enable the Football Club to remain in existence but the position of the club is such that without any financial support from outside the club or anyone willing to acquire the club I will, unfortunately, have little alternative but to cease to trade in a very short time.
"Anyone interested in assisting the club or acquiring the club out of administration should therefore contact my office on 01642 790790 as a matter of urgency.
"Every day is critical if the club is to survive."
