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Scarborough F.C. Ltd
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Notes: The club was formed in 1879 and in 1898 moved to its present home at the Athletic Ground in Seamer Road and remain there to this day. The ground was renamed The McCain Stadium in a pioneering sponsorship deal in 1988. Promoted to the full Football League in 1987 the 'Seadogs' spent 12 seasons there before being relegated in season 1998-99. In the Conference, losses and debts piled up and by August 2000 the club went into a CVA. The club came out of administration in September 2001, and two months later Malcolm Reynolds, a local businessman, took over 52% of Scarborough's shares together with accountant Philip Webster, who had previously been a Hull City director. However, losses continued to mount and the Inland Revenue pursued a winding-up petition for £289,000 tax owed, and the club went into a second administration in January 2003. After season 2005/06 the club was compulsorily relegated from the Conference for going into voluntary administration for a third time and started 2006/07 season in Conference North with 10 points deducted. Turnover and pre-tax profit figures are in millions. Website: scarboroughfc.com/ |
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