Chester City have been wound up at a High Court hearing in London.
The 126-year-old club, who were kicked out of the Football Conference on 26 February, owed HM Revenue & Customs £26,125 in unpaid taxes.
Chester supporters group City Fans United now intend to start a new 'phoenix' club in a lower league.
And, working closely alongside the local council, the CFU have already put in an application to the Football Association for a licence.
An FA spokesperson said in a statement on Wednesday afternoon: "The FA notes today's decision of the High Court in relation to Chester City.
"The winding-up of any club is a loss to the game and in particular to the supporters of that club.
"In order to maintain a senior football club in the city of Chester, The FA will welcome applications if the club wishes to reform.
"Any such applications will be considered by The FA's Leagues Committee."
Read more here: http://news.bbc.co.uk/sport1/hi/footbal ... 559704.stm
