Aldershot Town Out of Administration

August 1, 2014

English fifth-tier side Aldershot Town are now officially out of administration after almost going into liquidation in 2013.

In a statement, doctor the Conference Premier club said: “The Board took the decision to clear the old club’s debts at the earliest opportunity, believing it was the right thing to do for our creditors, many of whom we recognise are long-term supporters of the club.

“This brings to a close what has been a challenging administration process, with a need to satisfy Conference rules to ensure probity in the game.

“The continued support of our fans remains critical to our progress, but we can now look forward positively to the new season in the knowledge that our club is in a stronger financial position than it has been for many years.”

The Shots turned a small profit in the last year.