'A Personal Hearing requested by Welling United to consider a charge of Misconduct levied under Membership Rule 18, for an alleged breach rule 3.3 of the Competition's Financial Reporting Initiative, was conducted by a Panel of independent members of the Football Conference on Thursday, 16th September.


'Upon the club's own admission that it had misled the Football Conference, Welling United FC was found guilty of Misconduct, for submitting false information relating to HM Revenue & Customs payments and Crown debt.


'The club was deducted five (5) points from its league table score and fined £5,000. The fine is suspended for two years.


'In arriving at its decision the Panel advised the club it took the matter of misleading the Competition very seriously.


'The Panel confirmed the current player registration embargo placed on the club, in accordance with the Rules of the Financial initiative, would remain in place until the club was compliant with the competition's rules; but two players signed before the imposition would be re-instated. The above decisions were approved by the Directors at a full Board meeting later in the day.


'Welling United has the right of appeal against the Board's decisions, so no alteration to the Blue Square Bet South table will be made until the Appeal procedure is exhausted.'