Huddersfield Town unaffected by chairman's businesses entering administration

Huddersfield Town have told their supporters that they are able to meet their financial commitments after nine of chairman Phil Hodgkinson's businesses entered administration.

It was announced on Tuesday that the PURE Group, and other listed businesses led by Hodgkinson, had been placed into administration.

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Hodgkinson holds a 75 per cent stake in Huddersfield Town but the Terriers are legally unaffected by the other companies entering administration as Hodgkinson's shares are held through PURE Sports Consultancy, which is a separate entity.

CHAIRMAN: Phil Hodgkinson. Picture: Getty Images.

A club statement read: "Following today’s announcement concerning the PURE Business Group, we’d like to reassure supporters about the financial future of Huddersfield Town.

"The PURE Group, former shirt sponsor PURE Legal Limited and the other listed companies are led by Huddersfield Town Chairman Phil Hodgkinson. It was announced that yesterday these nine companies have been placed into administration.

"Mr. Hodgkinson holds 75 per cent of the club’s shares through PURE Sports Consultancy. This company is not part of this action and, as such, is legally unaffected.

"Our Board of Directors would like to assure Town fans that the club remains able to meet its financial commitments over the short, medium, and long term.

Huddersfield Town's John Smith's Stadium. Picture: Getty Images.

"Our day-to-day activities remain unaffected, and our full focus is on Saturday’s Sky Bet Championship game at Cardiff City."