Football Management

Commentary on the management of over 160 English football clubs by Dr John Beech, winner of the FSF Writer of the Year Award 2009/10 Twitter: @JohnBeech Curator of Scoop.it! Football Finance

Folkestone Invicta anyone?

Posted by John Beech on July 6, 2009

Does anyone know the latest news of Folkestone Invicta, the resurrectionist successor to Folkestone Town who were expelled from the Beazer Homes League in 1990 over financial difficulties?

On June 24th the Kentish Express reported the club as facing the threat of Administration (1); they faced an ‘imminent Administration threat’ according to Kent News the following day (2), and on the 29th were ‘ expected to go into Administration’ (3); also on the 29th, the Kentish Express reported that a decision on going into Administration over debts of £70,000 was due within twenty-four hours (4). Since then, no news. The club website (5) has, as I write, nothing more recent than ‘Invicta set for pre season’ dated 15th June..

Was it an awful lot of smoke without fire, or is there still a frantic struggle to re-finance going on?

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3 Responses to “Folkestone Invicta anyone?”

  1. John Beech said

    A meeting of the Supporters Club due later this week has been canceled “whilst we await further information regarding the current situation the Club finds itself in” (1).

  2. John Beech said

    A route for a rescue is now being discussed (1). It would involve voluntary Administration and new investors buying the club from the Administrator. Debts of £72,000 have been revealed, but a much disputed debt of £104,000 owed to HMRC may see the latter seeking a winding up order (see also HMRC’s increasingly active season).

  3. […] Folkestone Invicta – also in deep trouble with HMRC (3) – are reported to be ‘almost safe’ (4), with an offer to HMRC under serious […]

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