|
|
22 Sep 2009
Harlow Town Football Club has entered into a company voluntary arrangement.
Entering into the insolvency process will see the Ryman Division One club docked ten points.
Under the CVA, the petition wind up the club by the taxman will now be dropped, and insolvency experts from Hodgsons confirmed that creditors will receive a dividend on their claims, as long as the club complies with the CVA.
"Harlow Town F.C has done what was necessary to give the Club a chance to re-emerge and try and rebuild itself in a more stable, financial position with the support of the town," said Hodgsons' David Mond, supervisor of the CVA.
Further reading:
Romario faces jail over tax evasion
You may also like
Search thousands of financial jobs:
Search thousands of financial jobs:
Careers
Search for jobs
Click to search our database of all the latest accountancy roles
Create a profile
Click to set up your profile and let the best recruiters find you
Jobs by email
Sign up to receive regular updates with the latest roles suitable for you
Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources. 
Visitor comments Add your comment