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Today, it is in liquidation with its assets divided among former rivals Ericsson and Avaya.
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(Pets.com is in liquidation).
"Today, the chain is in liquidation.
"When the old company went into liquidation, it was in a different football environment and the use of the name was not possible at that time," he said.
It said it was not in liquidation and could continue to fulfil its fixtures in the league.
Private equity firm BC Partners, which took over Phones4U in 2011 before it was put into liquidation with the loss of thousands of jobs, recouped its own investment via a special dividend in 2013, after selling £200m worth of high-yielding bonds on the Irish Stock Exchange.
"It is a liquidation of sorts of the detritus of the estate," he explained.
The firm refused to deny reports that it is seeking voluntary liquidation, which would allow parts of the business to continue trading, in order to avoid enforced liquidation and a full shutdown.
OK, it is liquidation, but when?
It is not about liquidation, it is about the survival of the football club".
It is for bank liquidation.
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