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City out of trouble.


CHESTER City Chester City or City of Chester may mean: Places
  • Chester, which is the city in Cheshire, England
Organisations
  • Chester City F.C., which is the football (soccer) club in England.
 moved out of administration yesterday and now are likely to be accepted into the Blue Square Premier at its AGM AGM annual general meeting

AGM n abbr (= annual general meeting) → AG f

AGM n abbr (= annual general meeting) → JHV f 
 tomorrow.

The Company Voluntary Arrangement (CVA) put forward by City's administrators Refresh Recovery Limited was accepted by the club's creditors.

Under the CVA, Stephen Vaughan, who placed the Blues into administration last month as their major creditor and shareholder, will return to the helm at the Deva Stadium.

He is the man behind Chester City Football Club 2004 Limited, the company who are the club's new owners after their bid of pounds 290,000 was accepted by Refresh Recovery.
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Publication:Daily Post (Liverpool, England)
Date:Jun 12, 2009
Words:101
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