Cherries safe after paying off debt

16 November 2009 14:43
The south-coast club are in a rebuilding process under the Murry Group, who took over at Dean Court in June after two turbulent seasons.[LNB]Bournemouth entered administration in February last year and were deducted 10 points by the Football League, which resulted in them being relegated from League One.[LNB]The Cherries started last season with a 17-point deduction after failing to agree a Company Voluntary Agreement with their creditors, but manager Eddie Howe worked wonders to ensure they stayed in League Two.[LNB]Despite paying off their debt to HMRC, Bournemouth are not expected to have their transfer embargo lifted by the Football League.[LNB][LNB]

Source: Team_Talk