When they got to the 'nitty gritty' extra financial implications were then put upon them, which they were not aware of when initially wanting to move up.
Their Website says: "HAVING BEEN GRANTED PERMISSION TO PUT ITS CREDENTIALS TO THE SPORTS GENERAL COUNCIL AT THE AGM HELD IN COVENTRY THIS WEEK, THE REQUIREMENT OF NEW AND PREVIOUSLY UNFORESEEN CONDITIONS OF ENTRY; WHICH WOULD HAVE MEANT INCREASED FINANCIAL ASSURANCES AND BONDS HAVING TO BE PAID IMMEDIATELY, MEANT THAT THE PROMOTION HAD NO ALTERNATIVE BUT TO WITHDRAW THE APPLICATION ON THE GROUNDS OF THE MEDIUM AND LONG TERM FINANCIAL SECURITY OF THE CLUB."