Belfast Telegraph

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Lisburn Distillery in survival bid

Lisburn Distillery are to attempt to strike a deal with creditors in order to save the club from going bust.

The Whites are facing a winding up order over a £65,000 rates bill and total debts that amount to some £250,000.

Club shareholders held a meeting last night, at which they supported the board’s decision to enter into a Company Voluntary Agreement, which will see creditors receive a portion of the money they are owed and the club survive.

Players, however, haven’t been paid in six weeks and may now walk out of the club.

Belfast Telegraph


From Belfast Telegraph