Just one week after announcing it would bankroll The Pickers, Club Maitland City has announced its financial backing for the citys ailing leagues club.
The clubs administrators Shaw Gidley told Fairfax Media the bowling club has entered into a temporary funding agreement with the leagues club so it can continue to trade.
The news came 24-hours after a meeting of leagues club creditors was held.
Fairfax Media reported last week how Maitland Leagues Club had gone into voluntary administration owing some of its creditors hundreds of thousands of dollars. Following The Pickers sponsorship announcement there had been mounting speculation that Club Maitland City may extend an amalgamation offer to the leagues club.
In a statement to Fairfax Media …
Read the full article at: http://www.theherald.com.au/story/5300565/club-maitland-city-rolls-up-for-leagues-club/?cs=305
