From BBC Radio Leeds:
"Halifax Town have all but gone out of existence having failed to get
their rescue package past the creditors today.
At ten past two this afternoon Halifax Town's administrator Rob Sadler
announced that he had failed to get the rescue package through. The
Inland Revenue's policy of saying no meant that the club could not get
the 75 percent vote needed. Ironically if Halifax's debt had been two
and a half million pounds rather than two million pounds, they might at
this stage still be safe.
What happens now is that the club will be relegated out of Blue Square
Premier and Blue Square North, and according to the administrator has
only a slim chance of fetching up in the Unibond League.
It's doubtful that the consortium who have been trying to buy the club
for a year will remain interested, and so it's expected that the
administrators Begbies Traynor will sack all the staff including manager
Chris Wilder and release any players still on contract."