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Chesterfield administration history: every insolvency event since 1986
Chesterfield has one insolvency event on record in 2001, with no points deducted. The most recent: administration in 16 May 2001, Second Division.
Chesterfield timeline
- · Second Division · Administration
Just promoted from the Third Division, Chesterfield were formally placed in administration by a Leeds court with debts of about GBP 650,000 after Darren Brown's ownership; the supporters' society had bought a 78% stake. The separate 9-point deduction in 2000-01 was for financial irregularities, not insolvency, and is not counted.
Owner at the time: Chesterfield Football Supporters Society (78% stake)
Outcome: Survived. High Court approved administrators' proposals to settle debts on 15 June 2001; club continued under supporter ownership (CFSS).
Sources: BBC Sport: This is not the end, insist Chesterfield · BBC Sport: Spireites get high court boost · The Guardian: Prison finally catches up with Chesterfield's crooked Spireite