Stockport in limbo as League blocks takeover

THE Football League has refused to ratify a takeover deal for troubled football club Stockport County, and it remains in administration.

The Coca-Cola League One club – which is currently bottom of the table – and has been in administration since last April has been in talks with former Manchester City player Jim Melrose about a sale.

In a statement administrators Leonard Curtis said: “We are disappointed to report that the Football League is presently unable to recommend the transfer of the SCFC share to the prospective purchaser, The Melrose Consortium. 

“We understand that certain items of required information are still outstanding.  We remain hopeful that The Melrose Consortium can still progress their interest and we will continue to provide information and support to them. “

The firm said it would continue to “actively seek interest” from other interested parties but empathised the sale process has been tough.

“The administrators have made every effort to secure a sale but the economic climate combined with the requirements of the Football League membership criteria have made this process extremely difficult.”