UK time is: 06:28:31
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

'If It's Football, It's Vital'

CVA Agreed But Shortfall Announced

Aldershot's creditors have agreed to the proposed CVA by the club but there is a 50,000 shortfall.

The deal should hopefully take the club out of administration and place The Shots on a better financial footing moving forward, but the shortfall needs to be found by Monday at the latest to avoid liquidation.

Speaking to the BBC joint administrator Carl Jackson said.

'The offer we have on the table doesn't quite match what we need to overcome the Conference rules, in terms of payment to creditors. But we hope to have better news in the next couple of days.'

Jackson says that the club has been run on a shoestring since the administrators took charge, and creditors do involve former players, and if a full deal and the shortfall can't be dealt with by Monday the company will very likely cease trading.

Apply To Be A Site Editor




Use your social login to comment on front page articles. Login using you Facebook, Twitter, Google or LinkedIn accounts and have your say!



Click here to join in the debate on the club forum.

The Journalist

Writer: Site Staff Mail feedback, articles or suggestions

Date:Friday July 5 2013

Time: 11:25PM

 

Have Your Say

Log in...
with your social network     OR     with your Vital account

Recent Aldershot Town Articles

Fans To March Demanding Fairer Prices (Tuesday August 12 2014)

Archived Aldershot Town Articles

List All Vital Shots Articles
Have your say
Click here to suggest an article
Click here to suggest a poll

League Results (view all)

Latest Results

League Table (view table)

Team P W D L GD Pts

Breaking League News

19/12/14: Results, Scorers, Attendances & Table
Lincoln : 19/12/2014 21:43:00
19/12/14: Live Vanarama Conference Score Update
Lincoln : 19/12/2014 18:35:00
Weekly Quiz Answers (15/12/14)
Lincoln : 19/12/2014 17:45:00
3.91 For Craig Hicks V Alfreton Town
Lincoln : 19/12/2014 17:36:00
Tonge Blow For Hargreaves
Torquay : 18/12/2014 20:30:00

Current Site Poll (view all polls)

Rotherham MotM
Suggested By:  Site Staff
Young 23%
Herd 14%
Tonkin 3%
Lancashire 3%
Vincenti 7%
Bradley 7%
Mekki 7%
Stanley 3%
Hall 3%
Rose 10%
Rankine 10%
Sub:-Reid 10%