Darlington FC: Saved, But At A Price

Ian

Ian began writing Twohundredpercent in May 2006. He lives in Brighton. He has also written for, amongst others, Pitch Invasion, FC Business Magazine, The Score, When Saturday Comes, Stand Against Modern Football and The Football Supporter. Ian was the first winner of the Socrates Award For Not Being Dead Yet at the 2010 NOPA awards for football bloggers.

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2 Responses

  1. Jeff says:

    Shorten your sentences. This will aid communication

  2. Richard says:

    I’d just like to raise one point about the term ‘creditors’, and the fact that it appears these creditors have been royally dumped upon yet again.

    The ‘creditors’ are actually the players – who will be paid back over three years – and local firms – who will be ‘looked after’ by the new shareholders – effectively, the population of the town and exiled fans investing in the club.

    The reason a formal CVA could not be agreed is that the major creditor is, unfortunately for him, the person who authorised the spending of the money in the first place, and who it is simply not possible to pay back.

    We effectively have an ‘informal CVA’ in place, and it’s to be hoped that the FA – and football fans in general – will appreciate this.

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