Durham RELEGATED from County Championship after accepting £3.8m rescue package

Durham RELEGATED from County Championship after accepting £3.8m rescue package
 

A joint statement from the governing body and the troubled north-east club today confirmed the news which will see them docked 48 points and relegated.
Hampshire, who had finished eighth, have been reprieved.
There had been unrest at other clubs after it emerged that Durham had had to be propped up financially during the season but escaped the drop.
The release admitted that the package was needed for the club, whose debts have spiralled to £7.5m, to manage “current and historic debt and revenue issues”.
An immediate £1.3m advance has been given so that Durham can meet ongoing salary, tax... read more

 
3 October 2016 in Sport, Views: 28
Source: Daily Star
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