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Next Game: Banbury Away On Friday March 29th Kick-Off 3.00pm

Friday, May 30, 2014

Fans Wait For News


Bulls fans are waiting for news on the progress of the investment deal.

Wednesday's announcement was that "Investors have started the process of making payments to football creditors at Edgar Street" but there has been no word as yet whether any of these creditors have been satisfied.

While current staff, and the players, would not necessarily need to be settled before next Friday's AGM start, Martin Foyle's winding up proceedings would realistically need to see agreement reached today. 

Petition rules expect an answer by 4pm regarding a challenge to the amount claimed or attendance at Court on Monday. The solicitor listed on the petition, Slater & Gordon, is extensively used by the League Managers Association.

It remains unclear whether any other creditor has attached themselves to the petition, with HMRC not classed as a football creditor and yet to reveal their move against the club with a near six-figure sum still outstanding.

Fans hope for news, sooner rather than later.