Northern Premier League football club Ilkeston FC have been wound-up by the High Court over an unpaid debt of £14,438.
The club was only formed in in 2010 following the liquidation of Ilkeston Town and had a troubled 2016/17 season as they fought financial difficulties.
They were temporarily suspended by the league before the season started for not paying creditors. Players have not been paid since December.
Chairman Nigel Harrop plans to appeal the decision, according to BBC Radio Derby.
Harrop had announced, shortly before Monday’s hearing in Liverpool, that he had struck a takeover with All Eight Sports Management.
However, his plea for more time to settle a debt owed to, office equipment hire firm, Hire Intelligence was rejected by District Judge Smedley.
This is the second time in seven years that the Derbyshire town’s football club has been wound-up.
Former Conference North club Ilkeston Town folded in 2010 owing £50,000 to HM Revenue and Customs (HMRC).
The new club, Ilkeston FC, were admitted into the Northern Premier League Division One South for 2011/12, and have been playing at the same ground as their predecessors – the 3,029-capacity New Manor Ground.
After a play-off final win against Leek Town, the club immediately won promotion to the Premier Division and even recieved a financial boost in 2014 when Che Adams – now at Birmingham City – was sold to Sheffield United.
Despite this, debts mounted and the club was relegated in April after a turbulent season, marred by protests against Harrop’s ownership.