 In May 2002 , the club was rebranded York City Soccer Club as part of Batchelor 's plan to market it in the United States . Persimmon , which had bought ten percent of the shares in BCH , submitted planning applications for ninety @-@ three homes on the site of Bootham Crescent , and Batchelor spoke of building York a new stadium at Clifton Moor . The club entered a creditors ' voluntary agreement in November 2002 , and the York Evening Press said York had been " plunged into the darkest , coldest days of its history " . The club went into administration in December 2002 , and was given five weeks to find a buyer or face bankruptcy . The ST donated £ 92 @,@ 000 to give the club a temporary reprieve . The ST took control over the club in March 2003 after the Inland Revenue accepted an offer of £ 100 @,@ 000 as payment for £ 160 @,@ 000 owed in tax . Steve Beck became the new chairman . Batchelor had diverted almost all of the £ 400 @,@ 000 Persimmon sponsorship money away from York to his racing team , and his promise of having ST members on the board never materialised . He left the club with a profit of £ 120 @,@ 000 and admitted to asset stripping during his time as owner . Despite the off @-@ field problems , York pushed for promotion in 2002 – 03 and were in an automatic promotion place by late @-@ March 2003 . They won none of their last six games and finished the season in tenth place . 
