Chelmsford City takeover collapses

The takeover of Chelmsford City by construction company Jade Global Group has collapsed.  The club is now looking for new investment.   Having increased their playing budget after the takeover was announced last summer, the club is now facing short-term financial pressures.

The Clarets looked assured of a place in the National League South play offs.

The takeover of Chelmsford City by construction company Jade Global Group has collapsed.  The club is now looking for new investment.   Having increased their playing budget after the takeover was announced last summer, the club is now facing short-term financial pressures.

The Clarets looked assured of a place in the National League South play offs.

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