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Bradford City secured its future

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75% of the club’s creditors approved a Company Voluntary Agreement which has secured the League One club immediate future. Creditors who have accepted the offer will see recoup of less than 10% of what they were owed. “It is as a result of significant effort from all parties and there is no doubt that without the agreement of employees and players to defer wages and everyone's fundraising efforts, it would have been impossible for the club to have survived until today”  Said administrator Neil Brackenbury.
Source: euFootball.BIZ © Copyright 2006 - All rights reserved.

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