Page last updated at 21:36 GMT, Thursday, 5 March 2009

Club's sponsors in administration

Fraser Eagle stadium
The company started in 1919 in Accrington

The main sponsor of Accrington Stanley FC has filed for administration, it has been revealed.

The directors of Fraser Eagle, based in Padiham, Lancashire, filed a notice of intention to appoint an administrator.

The transport, travel and logistics business started in 1919 offering coastal trips to holidaymakers.

Accrington Stanley's stadium is sponsored by and named after Fraser Eagle. It also sponsors Premier League side Blackburn Rovers.

The areas of the company affected are Fraser Eagle Ltd, Property Holding Company Ltd and Fraser Eagle London, which make up the majority of operations.

The finance director of Fraser Eagle, Graham Lawson, confirmed that coaches booked to take players and supporters to the weekend game at Arsenal would still run.

He added: ""With regard to the general public who we move on our own coach fleet I can assure them that they are completely covered by Abta and BCH bonding."

The offices at its headquarters in Padiham have been closed to the public.

Any knock-on effect does have an effect on the football club
Rob Heyes, chief executive of Accrington Stanley FC

Administrators will now be appointed to go in and run the company.

Rob Heyes, chief executive of Accrington Stanley, said it would have obvious implications for the club.

He added: "Our thoughts are with the employees of Fraser Eagle - they have been very good to us in the past.

"Any knock-on effect does have an effect on the football club, which we will have to deal with but we are clearly mindful that there are a lot of local people involved.

"We hope that Fraser Eagle, although they are entering into administration, has an option for them to come out the other side and perhaps carry on trading into the future."

According to Fraser Eagle the business has been badly affected by the economic climate and has lost contracts with First travel and Arriva.

The Lancashire operation employs 180 staff and last year cut 50 jobs.

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