A construction firm which gave its name to Morecambe Football Club’s stadium has gone into administration.
Globe Management Services has ceased trading with immediate effect.
It is unclear if this means the Globe Arena will keep its name or if the club will find a new sponsor for the ground.
The Warrington-based firm signed a five-year sponsorship deal with Morecambe FC in February 2010 which included an agreement to name the £12m ground on Westgate ‘the Globe Arena’.
At the time, Kevin Hargreaves, design director of the Globe, said: “The use of our name on the arena is also a very important business decision for Globe, to raise our profile in combination with our plan to open an office in the South Lakes and expand on our success in the region.”
Globe Management Services going into administration means that contractors will have to be found for 20 building projects across the North West.
Lindsey Cooper and Diana Frangou from Baker Tilly have been appointed joint administrators to the firm and its parent company, Aprilis Holdings.
A further group company, Globe Construction Management, is expected to enter creditors’ voluntary liquidation shortly.
The companies are based at Trident Business Park, Warrington.
A small number of staff members have been retained in the short term to help the administrators carry out their duties.
Globe Construction was recently named as contractor on SchemeGlobal Properties’ £2.5m apartment scheme at Calderstones Park in Liverpool.
They also completed the 24,000 sq ft headquarters for Golden Gates Housing Trust in Warrington, and the construction of a new home for the St Andrew’s Methodist Church in Rochdale as part of the £250m regeneration of the town centre.
The 6,000-plus capacity Globe Arena opened in August 2010 after the League 2 club moved from its long-time home at Christie Park on Lancaster Road.