BEGBIES TRAYNOR administrators have managed to agree a rescue deal for collapsed football club Port Vale.
Bob Young, Gerald Krasner (pictured) and Steve Currie, partners at Begbies Traynor were appointed joint administrators of the club on 9 March 2012.
The trio managed to agree a Company Voluntary Arrangement (CVA) of the club which was approved yesterday.
A CVA needs 75% or more of creditors by value of debt to approve the deal. About 87% of Port Vale creditors approved the proposed CVA.
The select committee heard that GT had not met up with the BHS pension scheme advisers or trustees, but had done so with Deloitte, Arcadia’s pension advisers
Mather boasts a quarter century of restructuring and insolvency experience gleaned across various roles at Deloitte and Begbies Traynor
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