Thursday, September 06, 2012

MALLORCA TODAY - Real Mallorca could yet be forced out of business

Real Mallorca football club faces the prospect that it could be wound up if an appeal by a major creditor, Delta Sport, is upheld by the provincial court in the Balearics that would nullify a creditors' agreement drawn up at the end of last year. Despite Delta Sport having expressed an intention to withdraw its appeal against this agreement, it hasn't been and is due to be ruled on next month. If the ruling goes in favour of Delta, Real Mallorca's assets would be liquidated and the club would go out of business.

See more: El Mundo

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