CVA proposed for rugby club
Leeds RUFC, trading as Yorkshire Carnegie, has proposed a Company Voluntary Agreement (CVA) with its creditors, with the squad moving to part-time contracts.
Julian Pitts and Nick Reed of Begbies Traynor in Leeds have been approached to act as joint nominees and supervisors in the (CVA) of Leeds Rugby Union Football Club Limited (LRUFC) which trades as Yorkshire Carnegie.
The proposal follows a change in the shareholder structure with Yorkshire Tykes Ltd (YTL), the consortium of investors which had supported the club since 2014,... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...