Cork respond to "Examinership" reports
Credit:
Cork City have released a statement regarding early morning reports in the papers that they will need to go into Examinership, and that they are over 800k in debt.
The statement in full is as follows:
Cork City Football Club has been engaged in negotiations with potential new investors for the last number of weeks.
It is too early to speculate on the outcome of these discussions which are still ongoing.
The board of Cork City Football Club will meet next week and come to a decision on the future of the club.
Some of the figures currently being reported today, particularly in relation to the wages of players and staff, are inaccurate and grossly inflated.
Because of the sensitive nature of the ongoing discussions it would be inappropriate for Cork City Football Club to make any further comment at this time.
