Chester City Football Club (CCFC), which was recently expelled from the Blue Square Premier, has been wound up in the High Court after running into financial difficulties.

The club, which started the 2009-10 season with a 25-point deduction as a result of breaching the competition's insolvency regulations, was kicked out of the league after failing to fulfil two fixtures in February. Chester City FC (2004), the company which owned the club, was wound up on 10 March after 125 years in existence, although supporters group City Fans United are now seeking to form a new club in its place.

Meanwhile, Plymouth Argyle Football Club (PAFC) has confirmed that it is considering the sale of its Home Park stadium to Home Park Properties Limited (HPPL), a subsidiary of the club's holding company. It is expected that the Coca-Cola Championship club will receive around £7.5m from the proposed sale, which will be used to help fund plans for a new venue and reduce operating costs to the club.

The announcement comes as PAFC reported a loss of £2.8m for the year ending 31 May 2009, which has been blamed on an increased wage bill and a decline in average attendances for a fourth consecutive year. Both Cardiff City Football Club and Southend United Football Club have been granted another extension to pay debts owed to HM Revenue and Customs (HMRC), according to the BBC.

Cardiff City, the Coca-Cola Championship team, has been given "one last chance" by the High Court to avoid being wound up on 5 May, while Southend United of Coca-Cola League One has been awarded 35 more days to meet outstanding tax debts. Fears are mounting for the future of Farsley Celtic Football Club (FCFC) after it was unable to fulfil a third consecutive fixture for 8 March, leading to its suspension from the Blue Square North competition.

Administrators acting on behalf of the club have refuted reports that the club has been "disbanded", but confirmed that Football Conference were due to meet to discuss FCFC's plight on 10 March. Portsmouth Football Club (PFC), which became the first Premier League club to enter administration in February, has been forced to make 85 staff members redundant as part of cost-cutting measures.

A further 12 full-time employees will work reduced hours and talks will be held with other staff members to discuss wage deferrals as administrators from UHY Hacker Young seek to secure the club's future.