Terras on the brink (From Dorset Echo)
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Terras on the brink
9:30pm Tuesday 27th October 2009 in Club News By Ky Capel
WEYMOUTH director Paul Cocks fears the club “could die” after filing a notice of intention to appoint administrators.
Cocks stressed that the Terras are yet to enter “full administration” but admits he is “extremely worried” for the club’s future should a potential buyer fail to surface by the end of this week.
Insolvency practitioners Benedict Mackenzie have agreed to take on Weymouth’s case, with entering administration expected to take place in a fortnight’s time.
The two-week period though, ensures that no creditor can close down the ailing club.
See tomorrow's Echo for the full article.
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