Football Factors, based in Barnsley, entered administration in early December, with David Wilson and Julian Pitts appointed as joint administrators.
The company – which was formed in 2003 – provides disciplinary expertise for football clubs facing investigations and hearings.
A spokesman for Begbies explained Football Factors was sold as a going concern as part of a pre-pack deal.
Football Factors counts Manchester United, Liverpool, Chelsea and Tottenham Hotspur among its list of football club clients.
Headed by former compliance officer to the Football Association (FA) Graham Bean, Football Factors represents clubs' players and managers at disciplinary proceedings called by the FA.
In a statement released to Insolvency News the company explained: "Football Factors has been restructured to account for changes in football’s disciplinary system and also to compliment our new strategic partnership with specialist Sports Lawyers, Front Row Legal which has enhanced and improved our service to all of our clients.
"There has been no disruption to our core business which has continued to operate as normal."
The company also deals with transfer investigations, contract irregularities, ticket touting and player compensation issues.
Among its high-profile cases Football Factors was closely involved with disciplinary proceedings brought against former Liverpool manager Rafa Benitez and his assistant Sammy Lee following their actions and post-match comments after a game against Tottenham Hotspur in 2009.
According to the company’s website, Sir Alex has previously said: "There is no doubt that the thorough presentation and representation by Football Factors working with the LMA assisted greatly in my disciplinary case.
"They have a deep understanding of how both the game and disciplinary system works and are an assett to be able to call upon when facing disciplinary charges."
By Andy Pearce