Bradford heading for Administration again?

Wayne · Jul 27, 2006

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The proposed deal between Julian Rhodes and Peter Etherington, which was to see Peter acquire a 50% stake in Bradford City Football Club will not now proceed.

Earlier in July, Peter requested a delay before the deal was concluded in order to allow him time to address a personal issue which was preventing him from making the investment.

Unfortunately due to a number of large payments that the club had to make over the next few weeks, Peter's request for a delay was unacceptable and alternative arrangements were sought immediately.

A number of options have arisen. Details of the chosen option will be revealed as and when the deal is completed.

In the meantime Peter has left the club. His company still has an involvement with the Bantams Business Centre and Peter is currently working on a proposal to help the club maximise revenues from this venture.

We wish him well for the future. </p>
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Bradford heading for Administration again?

Wayne Well-Known Member

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Bradford heading for Administration again?

Wayne Well-Known Member

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