Creditors seek more time to consider rescue plan for Bury FC
Creditors of Bury FC have asked for more time to consider a rescue plan for the newly-promoted club.
A decision on a proposed company voluntary arrangement (CVA) which would ensure Bury’s survival was adjourned at a meeting of the League One club’s creditors today (July 9).
Steven Wiseglass, a director at Inquesta Corporate Recovery & Insolvency, who is the nominee for the proposed CVA, said: “The creditors have adjourned their decision pending further negotiations and are scheduled to meet again on Thursday, July 18.
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