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By The Bee Hive
October 1 2009

Bees club to be declare insolvent by directors

 

The Birmingham Post understands that process will be set in motion this week when the club will choose a firm of restructuring and reorganisation specialists while, in the meantime, continue their search for an investor or sponsor to bring an end to what has been an horrendous summer.

Indeed, although the club are keeping quiet about any potential white knight, they are hopeful the move to liquidation will buy them the three or four weeks they need to hammer out a deal with a new secret backer

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