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Last Updated: Friday, 26 March, 2004, 16:23 GMT
Bucks get stay of execution
Telford's Bucks Head ground
A rescue package has been agreed to keep Conference club Telford United in business for the time being, reports BBC Radio Shropshire.

There had been fears that the club would fold after chairman Andy Shaw's business went into receivership.

The package agreed involves the players deferring part of their wages.

The club's directors have also agreed to meet short-term debt - enough to guarantee that the Bucks' next three games will be played.

The first of those is Saturday's FA Trophy semi-final first leg, against Canvey Island.

Directors Paul Booth and Robin Eaves had told an emergency fans' meeting on Thursday evening that �64,000 was needed for the club to fulfil their remaining fixtures.

The Football Association had also insisted on financial guarantees from the Bucks, who are losing �16,000 a week and would go under if creditors, who are owed �100,000, called in their debts.

Telford, who are currently 12th in the Conference, recently rebuilt their stadium in Wellington, Shropshire.

Manager Mick Jones was also busy in the transfer market in the summer in a bid to mount a promotion campaign, but those hopes have faltered.

A superb run in the FA Cup, which saw them reach the fourth round, provided a much-needed financial boost.





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