Bay Forced to Fold at Sad Agm

Summary


MOUNTS Bay were finally forced to admit defeat in their bid for a late reprieve last night after confirming their decision to fold at their Annual General Meeting in Penzance.

The Cornish club had been struggling to stay afloat since the onset of the credit crunch began to restrict the ability of their main benefactor and president Michael Leah to bankroll the club.

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Extract


Bay Forced to Fold at Sad Agm

Bay announced an intention to go into administration at the end of last season before local businessman Leah and his management committee stepped aside at Extraordinary General M...

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