Originally Posted by
60YearsAPie
The last team I remember going out of the Football League before the end of the season was Accrington Stanley. They resigned in March 1962 and all their results were expunged (what a great word), thus the final Division 4 league table that season showed every team playing only 44 games.
Their demise was due to unpaid transfer fees of £4,000, a similar amount owing to the Inland Revenue, plus further creditors that came to light at a creditors’ meeting shortly after their last League game, a 4-0 defeat at Crewe.