Creditors voted by the slimmest of margins to accept Ken Bates´ offer to buy back the club, but it was so close administrators KPMG were forced to abandon the meeting and call for a recount on Monday morning.
KPMG released the following statement: "The creditors´ meeting has been adjourned without a conclusion being reached due to the first count of the creditors´ votes on the creditors´ voluntary agreement (CVA) proposal producing a very close result. This means administrators KPMG wish to recount."
© Copyright PA Sport Ltd 2007, All Rights Reserved.
Do YOU want to write for GiveMeSport? Get started today by signing-up and submitting an article HERE: http://gms.to/writeforgms