Will the players be paid what they are owed?

They have to be if the club is to survive.

Under both FA and Football Conference rules Vics must pay football-related debts, such as wages to players and backroom staff or transfer fees, first and in full.

Rushe told fans at a supporter club meeting last week that he will meet a deadline of May 31 to pay his out-of-pocket first team.

It is not known how much they are owed collectively, although Rushe did stress that no individual was more than six weeks in arrears.

What punishment will the club face from the Football Conference?

The million-dollar question.

Football Conference rules state that any club that is subject to an ‘insolvency event’ will be deducted 10 points with immediate effect.

Any further punishment is entirely at the Conference board’s discretion.

There appear to be no guidelines with regard to previous cases, with sanctions drawn up on an ad-hoc case-by-case basis.

Vics are likely to be informed of their fate at the competition's annual meeting in June 13.

What happens to the transfer embargo currently in force against Northwich Victoria?

The signings ban, a punitive measure put in place by the Football Conference as a consequence of Vics not paying bills to other clubs for players they took on loan, is now inextricably linked to the administration order.

The clubs owed cash are football creditors, so must be paid in full for Northwich Victoria Football Club (2004) Limited to exit administration at a future date.

Once that happens Andy Preece can start the job of replacing those players who have already quit the Marston’s Arena.

Will the administration order jeopardise Jim Rushe’s bid to buy the Marston’s Arena?

Not directly.

Rushe has set up a holding company, Northwich Victoria Developments Limited, which has taken out the mortgage to buy the stadium.

He exchanged contracts with fixed charge receivers from Deloitte Touche at the end of last month, paying a £75,000 deposit.

That gives him until June 12 to complete a £1.3m deal to become landlord.

Of course should the club – the main revenue generator at the nine-acre site – go out of business then his ability to pay the mortgage will be hugely impaired.