BusinessBusiness RecoveryBradford City faces league expulsion

Bradford City faces league expulsion

Relegated first division club Bradford City, currently in administration, could be expelled by from the Football League tomorrow unless it can reach agreement with its landlord.

Link: Survival hopes fade for Bradford City

The club owes more than £30m, and is in its second period of administration since May 2002.

Administrators from Kroll say the club will be forced to close unless the landlord of its Valley Parade ground agrees by Thursday to charge the club no rent for the 2004/2005 season.

Discussions are continuing with interested parties, but no investment appears imminent, the FT reported today.

Money raised by supporters has been exhausted to pay players salaries to the end of June.

Related Articles

Investment firm acquires Avon Steel Company Limited

Business Recovery Investment firm acquires Avon Steel Company Limited

4d Emma Smith, Managing Editor
Manchester law firm enters into administration

Business Recovery Manchester law firm enters into administration

4d Emma Smith, Managing Editor
KPMG appoints new global head of insolvency

Business Recovery KPMG appoints new global head of insolvency

3w Emma Smith, Managing Editor
EY hired by Carillion to review finances

Accounting Firms EY hired by Carillion to review finances

5m Alia Shoaib, Reporter
Using insolvency as a debt recovery tool

Business Recovery Using insolvency as a debt recovery tool

6m Emma Smith, Managing Editor
UK government should support mid-sized businesses to create a ‘new economy’ post-Brexit, says BDO report

Business Recovery UK government should support mid-sized businesses to create a ‘new economy’ post-Brexit, says BDO report

8m Alia Shoaib, Reporter
Over 800 jobs saved as Endless LLP acquires Jones Bootmaker

Business Recovery Over 800 jobs saved as Endless LLP acquires Jones Bootmaker

9m Emma Smith, Managing Editor
FRP Advisory expands operation with new office, partner appointments

Accounting Firms FRP Advisory expands operation with new office, partner appointments

10m Emma Smith, Managing Editor