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Page last updated at 19:51 GMT, Friday, 4 September 2009 20:51 UK

Farsley Celtic saved from closure

Farsley Celtic

Farsley Celtic look to have been saved from oblivion after a last-gasp rescue package was put together to buy the ailing Blue Square North club.

The Throstle Nest was locked and the club closed down with immediate effect on Friday morning by administrators.

But an as yet unnamed consortium has now been found to keep Celtic alive, and service the club's mounting debts.

Celtic entered administration at the end of June, having been made to buckle by a £200,000 tax bill.

Saturday's game against Stalybridge Celtic can now go ahead as planned.

But club secretary Josh Greaves has warned that the new development does not mean that one of West Yorkshire's most successful non-league clubs are out of the woods just yet.

Celtic, who celebrated their centenary year in 2008, originally got into financial trouble as victims of the recession.

Having not been paid in full after selling a portion of their Throstle Nest ground, they then avoided a winding-up order by HM Revenue & Customs over unpaid taxes by going into administration on 1 July.

But they then faced the prospect of having no league to play in after the Football Conference deemed them ineligible to play in the Blue Square North because of the financial problems.

A reprieve saw them start the season on minus 10 points, a deficit wiped out on the pitch during the first six games of the season as negotiations to find a buyer continued behind the scenes.

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