No entry at Hull City after David Lloyd locks out officials.

Written by

The joint administrators of Hull City AFC told Accountancy Age this week they are talking to a 'a number of parties' interested in investing in the troubled football club.

Neil Brackenbury and Mike Moore, partners from Kroll Buchler Phillips, have until today to find prospective investors to back the club until the end of the season.

Advertisement

They say they are expecting an offer this week and will return to court next week with details of the deal. A source close to the case said the players will be paid something this week. The administrators have also reached an agreement with manager Brian Little so that he would remain with the club.

On Saturday, Hull City was able to play after administrators negotiated an agreement with David Lloyd. Lloyd, the owner of their home turf Boothferry Park, is allowing the club to use the ground until further notice after locking officials out last week.

The High Court appointed the partners joint administrators last Wednesday, after Customs & Excise gave Hull City a winding up order for over #50,000 of unpaid tax.

For more information about the club see www.hullcityonline.com.

Tags:

Comments

White papers

Related jobs

More Accounting jobs

Spotlight

Ted Bell, Abel and Cole FD

Profile: Ted Bell, FD of Abel and Cole

The combination of the online shopping boom and a hunger...

Top 30 Accounting Networks and Associations 2008

The race to become the biggest firm on the planet...

Barack Obama Accountancy Age cover October 2008

Obama: asset or liability?

What an Obama presidency could mean for you

Find your next job

Find your next job
Salary Checker

Job of the week

More finance jobs

Newsletters

Sign up here for the very latest news delivered to your inbox. Choose from the following options:

Your next job

Have your say

Will proposed tax cuts help to stimulate the economy?
Yes
No

Advertisement

Search white papers

Search white papers

Advertisement