Our system detected that your browser is blocking advertisements on our site. Please help support Fans Focus by disabling any kind of ad blocker while browsing this site. Thank you.
Jump to content

John Hollins...........


Trigger

Recommended Posts

Quote:
Uncle Urchin said:
good shout perhaps...today was the deadline tho' for the majeeds to cough up....

anyone know if they did...?


Had till 4pm today to pay up.
Link to comment
Share on other sites

Quote:

BT 57 06

30 October 2006

 

Crawley Town Football and Social Club Limited

 

Statement from Rob Sadler, partner at Begbies Traynor, joint administrator and joint supervisor for Crawley Town Football and Social Club Ltd.

 

The joint supervisors confirm that only limited funds have been received by the 4pm deadline for the monies to be received from S A Retail Limited in settlement of the monies required pursuant to the Company Voluntary Arrangement of Crawley Town Football & Social Club Limited.

 

The joint supervisors have discussed at length with the company directors and representatives of S A Retail Limited the reasons why not all of the monies have been remitted. They have advised that S A Retail Limited remains committed to supporting the football club and that the funds are unavailable due to reasons beyond its control.

 

S A Retail Limited is currently continuing to raise the balance of funds due both from within the S A Group of companies and by seeking external investment. In the meantime, the joint supervisors will take steps to realise the equity within the former chairman's, Azwar Majeed, residential property. The property is already on the market for sale.

 

The joint supervisors will now convene a further meeting of creditors to discuss the conduct of the Company Voluntary Arrangement and will continue to use their best endeavours to ensure the survival of the football club and a return to creditors.

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...