The club announced it was exploring potential acquisition approaches before deciding the ultimate future.
However, a statement issued from the club today has revealed the sad news that their attempts to identify new owners or investors has been unsuccessful.
The statement from the Board of Directors reads: “Following the announcement on May 10th that the club were having to explore the future of the club, the process to identify new owners and/or investors has sadly been unsuccessful.
“Therefore, the club has decided that it will now follow a process of managed closure.
“This decision has been very difficult, and we are sure will come as a huge shock and disappointment to the club’s staff, volunteers, fans and all the relationships and associations that the club has built-up over many years.
“During the process, the Board were determined to ensure that (at either the point of acquisition or in the event of closure) the club would be left in a position with no liabilities or indebtedness.
“This has been achieved and despite the anguish that closure will inevitably cause, the club leaves with honour and pride in what it has achieved and with the many wonderful memories.
“The Board will now progress the managed closure of Walton Casuals FC but would like to again thank everyone foe their extraordinary support over many years and their patience and understanding during this recent period”.
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