The latest situation is as follows.
As you know our former chairman Mr Lazarou has been suspended from all football by the Football Association for his failure to pay a fine of £17,500 by 1 October 2003 and his failure to repay a loan of £255,000 to the company which owns the club - EFC (Holdings) Ltd - by the same date.
At this time, Mr Lazarou cannot be an officer of the Club, nor can he be a director of any company running the club. In suspending Mr Lazarou alone, the Football Association were very keen not to damage Enfield Football Club.
Since then, First Team Manager Mr Terry Back has been appointed as Club Chairman but, unfortunately, Mr Lazarou has not resigned as a director of EFC (Holdings) Ltd.
As a result the FA are now considering suspending the Club from all football as well, until Mr Lazarou resigns as a director of EFC (Holdings) Ltd.
Unfortunately, although a Mr Edward Penn acts as company secretary, there are no other directors of EFC (Holdings) Ltd. The Football Association realise that under company law, no company can continue to trade without a director.
The suspension, if implemented, would remain in place until Mr Lazarou’s resignation as a director is confirmed and someone comes forward willing to replace Mr Lazarou as a director of EFC (Holdings) Ltd.