On the 18th March, an offer of 8p in the pound (£2m out of the £25m they owe) will be made to creditors of the MK Dons, thanks to Asda who have apparently got planning permission now for the supermarket that will form the basis of the 'stadium'. (I still can't stop hating Asda...)
Grant Thornton, the administrators, say
'If the creditors accept the proposed CVA then Wimbledon FC will pass to the new owners on 18 March 2004.
'If the proposal is not acceptable to creditors then we will have no option but to place the club in liquidation.'
I hope they refuse the offer, but realistically it's probably the best they're going to get, and the corpse of Wimbledon will limp on for a while longer.
Grant Thornton, the administrators, say
'If the creditors accept the proposed CVA then Wimbledon FC will pass to the new owners on 18 March 2004.
'If the proposal is not acceptable to creditors then we will have no option but to place the club in liquidation.'
I hope they refuse the offer, but realistically it's probably the best they're going to get, and the corpse of Wimbledon will limp on for a while longer.