Update

[Margate Football Club]

The Club Directors have received today, confirmation from the Administrators that the approved CVA has been sent, by courier, to the Club for signature. As soon as this document has been signed and returned, the Club will move out of administration and we expect to announce this early next week. There has been no objection received by our Administrators to the CVA proposal and the Club would like to thank all creditors involved for their support in allowing our CVA to be approved.

 

Work continues on our Business Plan. The full Design Team met last Wednesday, when further changes to our proposal were recommended and are now being incorporated within the document.

 

Fresh grant applications have been prepared to both the Stadia Improvement Fund and the Football Foundation and the Club is preparing for the appointment of a new Sports Development Officer, who will be required to lead and develop the community use of the new facilities.

 

On the playing side Chris continues to attempt to improve the squad with new players joining the Club and departures continuing until Chris is happy that he has the balance and quality to challenge for the play-offs later this Season.

[TonyM]

All sounding good to me,thanks for the update.

[Cookie]

Great news...at last!! No trust in the postal service then!

[jkmaskell]

Thanks for the update. Would have been nicer to have an update on the new signings though and possibly have this update sooner than today. Im a little behind on the comings and goings with the squad..

[Cookie]

Another question James...Who isnt?

[MFC Forever]

Glad to hear the good news. Thanks for update!

[blueblood]

the posts nearly as reliable as the trains.ha,ha.

[Cookie]

Oye!

[blueblood]

are you feeling better.or as she left.