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By ESPN Staff

Silkmen charged over financial irregularities

League Two outfit Macclesfield Town have been charged by the Football Association with four breaches of rules regarding financial irregularities.

Three of the charges relate to a grant received from the Football Stadia Improvement Fund (FSIF) for the Estate Road Stand which was constructed between 2000 and 2002.

Macclesfield have until September 29 to respond to the charge, after which the FA will decide on a disciplinary hearing date.

Soho Square have open-ended powers in cases such as these, including points deductions, and if the Cheshire side are found guilty it could have a massive impact on their Football League status.

Although Brian Horton's men reached the play-offs last season, they have struggled so far this term and currently lie sixth from bottom, just three points above basement outfit Torquay.

An offshoot of the Football Foundation, the FSIF is responsible for providing cash to clubs eager to redevelop their stadiums.

The fourth charge concerns the Silkmen's accounting records.

A statement from Macclesfield chairman Robert Bickerton on the club's official website read: 'The current board of Macclesfield Town Football Club has co-operated fully at all times with the Football Association during their inquiry.

'The procedures of the Football Association allow the club to request a personal hearing at a commission before any action, if any, is taken by the FA.

'The board of Macclesfield Town Football Club Ltd will be availing itself of this opportunity.

'The club will not be making any further statements on this matter until the hearing takes place.'