Farsley Celtic are awaiting confirmation of what they believe to be the inevitable news that the 101-year-old club have been liquidated.

The Celts were hoping for new developments over the weekend but, after the administrators running the club refused an improved offer from the Palmer/Farrell consortium, is seems they could be closed down today.

Representatives of the consortium hoping to buy the club were locked in talks with the administrators on Friday but no agreement was reached.

The T&A understands the club asked the Conference League to leave a decision on Saturday’s Blue Square North home clash with Workington until 5pm but the league were reluctant to do that and clarified the issue by calling it off early on Friday afternoon.

That followed last Tuesday night’s fixture at AFC Telford United also being postponed, although it was not a final nail in the coffin. A source close to the club said: “It’s another devastating blow but we’re not dead yet. We are on our ninth life though.”

Farsley launched an appeal for fans, staff and well-wishers to come forward and form a supporters’ trust on their website over the weekend to save the club from the administrator but it appears to be too late.

It is understood the club owe in the region of £750,000 to creditors. The bid from the Palmer/Farrell consortium would have covered that but was short of the substantial fees that administrators Mazars are believed to be claiming.

The last official statement posted on the Farsley website on Friday said: “Administrator Robert Adamson has refused the revised offer from the Farrell/Palmer consortium, signalling the near certainty of liquidation of Farsley Celtic FC and expulsion from the Conference North, farsleyceltic.net has learnt this afternoon.

“Tomorrow’s (Saturday) game against Workington has been postponed, although it is understood that Sunday’s Carnegie fixture will go ahead.

“Essentially, it is understood that despite last-minute agreement being reached with outstanding creditors, agreement could not be reached with the administrator over accountancy firm Mazars fees and those of their legal advisors, Irwin Mitchell.

“A source close to the consortium confirmed that the collapse was down to the level of fees being sought. Farsleyceltic.net has learnt that the administrator initially sought fees of £200,000 and while negotiations concluded with this figure being reduced, the two sides were unable to reach agreement.”

It would take a minor miracle for the club to be saved today. It is more likely that the Conference League will go through their processes and that will result in Farsley being expelled from the Blue Square North with immediate effect and their results from this campaign being expunged from the records.