Ringmer Football Club have been placed into administration, it has been announced.
The move comes after a long-running dispute about the ownership of the ground between the club's directors and the trustees.
A joint statement from chartered accounts Atherton Bailey, who have been appointed administators of the club, and the dire
ctors of Ringmer FC, read, "Ringmer Football Club, near the top of Sussex County League Division One, has been put into Administration in a move that the management hopes will finally end a long-running dispute over the ownership of the Caburn Field Ground.
"Malcolm Fillmore and Ranjit Bajjon, of Atherton Bailey were appointed Joint Administrators of Ringmer Football Club Limited in the High Court on November 21, 2008.
"The move has become necessary as the club's bank has withdrawn its banking facility until the issue of the ground' ownership has been resolved."
Joint Administrator Mr Fillmore said, "The club remains solvent, but there is a dispute over the ownership of the ground, the origins of which date back to 2004 when the club became a limited company and inadvertently the legal title to the land was not transferred over.
"The club's directors, who have been personally financing the club during this dispute, have concluded that only legal action against the trustees can resolve matters and this has seen the club put into Administration to protect it from creditors while a resolution is found.
"The club will continue to operate as normal under the Administrators' control, including all facilities which are regularly used by local groups and for social events."
The land was originally bought by the club in 1975 for £3,250 and is now thought to be worth several million.
However, with the club planning to sell the land for development and move to a new ground with better facilities – plans which the Sussex Express has been told has the overwhelming support of members – the issue has come to a head.
Mr Fillmore added, "What started as a relatively minor legal issue seems to have become very personalised between the trustees who hold the title deeds and some of the directors.
"But without it being resolved, the whole future of the club has been put in jeopardy.
"We are hopeful that by being brought in as an independent party, matters can be quickly resolved.
"As soon as the land is transferred to its rightful owners, Ringmer Football Club, the company can be put back on an even keel to go forward."
Mr Fillmore is also trying to persuade the League not to apply the normal 10-point deduction penalty for going into administration, since he club remains able to pay its debts in full.
He said, "It would be unfair on the supporters if their hoped for promotion, dependent on moving to a new ground, is lost because of this dispute.
"However, I have not been able to ascertain the thinking of the trustees and why they have so far refused to hand over the title deeds to the club.
"The directors, for their part, have made clear their intention to respect and protect the rights of members who own the club to ensure all the benefits of the redevelopment stay with Ringmer Football Club."
The full article contains 543 words and appears in Sussex Express Series newspaper.