Thread: Telford United
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Old 25-03-2004, 12:16   #5
JEFF
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Re: Telford United

I think that going into receivership is different than going into administration. When you go into receivership the Official Receiver moves in, takes over and tries to sell everything off to pay the creditors. This is when sometimes, somebody offers to buy all the assets, forms a new company and then carries on trading. If they go into receivership I do not think that they will be able to continue.
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