I'm sat in the newsroom at TV centre - This is from BBC Radio Leed's running order:
BBC Radio Leeds reports:
Halifax Town have all but gone out of existence having failed to get their rescue package past the creditors today.
As Derm Tanner reports the tax man had the final word on the fall of Halifax Town.
"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.
Few would comment after the news broke this afternoon, former Chairman Geoff Ralph had this short comment to make...
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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."