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A statement on the Clubs Official Web Site simply reads:
Chester City FC directors today took the decision following approval from our debenture holders to enter into voluntary administration to safeguard the future of the Football club.
Also from their web site:
On the 14th may 2009 in the high court of justice, Chancellery division in Manchester, Martin Shaw of Refresh Recovery Ltd, West Lancashire Investment Centre, Maple View, Whitemoss Business Park, Skelmersdale, West Lancashire, WN8 9TG was appointed administrator to Chester City Football club Ltd under court number 1347 of 2009.
Martin Shaw today commented "Supporters can be assured that our aim is to find a new owner for the club so that professional football continues to be played in Chester from the start of the new season".
In order to achieve this we need to find a new buyer able to invest heavily in to the club and then to obtain approval from the clubs creditors to the sale.
We are already talking to potential purchasers of financial substance and as time is short I would urge any other parties seriously interested in buying the business to make contact with us sooner rather than later.
It is unclear as to what sanction the Conference will impose on the Club, but it seems likely that they'll start the 2009/10 season on -10 points.
It is unclear as to what sanction the Conference will impose on the Club, but it seems likely that they'll start the 2009/10 season on -10 points.