Dundee to Pay Off Creditors

The HeraldMarch 12, 2011

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Summary


DUNDEE should be out of administration before the end of the season after the deadline passed without objections to their Creditors' Voluntary Arrangement.

PKF, the administrators, can now pay creditors and finalise arrangements for the future management of the club. Bryan Jackson, the joint administrator, revealed that more than pound(s)400,000 of its pound(s)2m debt when he was appointed in October was owed to HM Revenue and Customs.

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Dundee to Pay Off Creditors

He said: "HMRC did reques...

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