A WINDING-UP petition issued to Dean Holdsworth’s company, Sports Shield BWFC, has been adjourned at the request of the claimant, BluMarble.
A 28-day break was granted in winder's court this morning to allow for further negotiation between Wanderers co-owner Holdsworth and the finance company to settle a loan debt worth £5million, plus interest.
Whites chairman Ken Anderson is understood to have reached an agreement in principle with BluMarble.
But should it fall through, SSBWFC – which owns a significant number of shares in Wanderers’ holding company, Burnden Leisure - will face liquidation. This may carry a level of risk to the football club itself.
Sanctions, including a points deduction, could theoretically be imposed – which has led to BluMarble to request the adjournment, and for the parties involved to seek talks with the Football League later this month.
Wanderers are expected to make a statement in due course.
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules hereLast Updated:
Report this comment Cancel