AFC Bournemouth Football Club

• Nickname:The Cherries
• Founded:1899
• Manager:Paul Groves

• Ground:Goldsands Stadium
• Capacity:9600

Cherries avoid winding-up

11 Mar 2009 - 16:16:28

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Bournemouth's short-term future has been secured after they were able to settle a winding-up petition.

The case was due to be heard at the High Court on Wednesday but potential new owner, Adam Murry, has paid the outstanding £33,000.

Murry has also negotiated a compromise payment with Structadene, the London-based property company which owns Dean Court and leases it back to the Cherries.

Murry said: "Had we not made a financial commitment to satisfy the winding-up petition and reach a payment compromise with Structadene, our due diligence would have been academic.

"I'd like to stress that we cannot save this club on our own. But I do hope that a feasible rescue package can be achieved."