iceberg, and Gannon was sacked in March after alienating most of the fans, players and staff. This ten-week reign was the shortest in the club's history for a permanent appointment. Mark Grew failed to lift the club back into the play-offs, though at the end of the season supporters were delighted to learn that Micky Adams would be returning as manager. Adams took up a position as director, while chairman Bill Bratt resigned as chairman, and was replaced by Mike Lloyd. This, combined with promised investment into the club, quelled growing fan unrest. In September 2011, the investors were revealed to be sports construction firm Blue Sky International, who planned to plough £5 million into the club in twelve months, as well as a further £2.5 million by 2016. This sum would secure the long-term future of the club. Bratt resigned as a director in October 2011, as the Valiant2001 era drew to a close. However it quickly emerged that the deal was in jeopardy due to unforeseen 'contractual issues', and new chairman Peter Miller and CEO Perry Deakin came in for criticism from the fans after it was revealed that they had not purchased shares in the club as previously stated. In December, Blue Sky CEO Hank Julicher confirmed that neither his company or his family had invested any money into the club, and claimed that the £8 million deal the club had announced was pure fantasy. Supporters showed their disapproval against the board by displaying red cards in the home fixture against Aldershot Town, a game in which loanee Guy Madjo scored a hat-trick. By the end the year, Deakin had resigned from his post and the board decided to end Miller's reign as chairman. 2012–2019: Smurthwaite's ownership Genuine hopes of promotion in 2011–12 were brought to an end after the club were issued with a winding up petition by HM Revenue and Customs on 29 February 2012; the club were by this time unable to pay tax bills, creditors, or staff wages. The club entered administration on 9 March; the administrators appointed were Begbies Traynor. On 6 July, it was reported that Keith Ryder had completed his takeover of the club. However, after two months of being told Ryder would complete the deal "tomorrow", the administrators opened negotiations with other parties, as the new season drew ever closer. Instead, Paul Wildes completed his takeover of the club