[Oggy]

From Bulls News:
Halifax Town are braced for expulsion from the Conference, just two years after missing out on promotion to the Football League.
The club have been set a deadline by the Conference committee of May 10th to settle their ownership issues and deal with creditors, with current losses estimated at up to £30,000 a month. Even the Adminstrator of the club admits the date is 'a big ask'.
The proposed owners, and only bidders, are offering to sustain the club whilst they strive for profitability - but have offered only 2.5p in the pound for existing creditors for a CVA. The taxman is owed a sufficiently large figure to be able to scupper any CVA offering almost on their own and with a massive creditors list a failure of any deal is very likely without the taxman's approval.

I take it this could save Alty.