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    Cherries to start on -17

    Thursday, August 7, 2008

    Bournemouth will start the League Two season on minus 17 points, the Football League has confirmed. The Cherries have been handed the points penalty after failing to exit administration via the necessary Company Voluntary Agreement and for being declared insolvent for the second time in as many years. The club must provide a legal waiver indicating they will not challenge or appeal the League`s decision and pay unsecured creditors the amount offered at the time of the CVA hearing. They must a ...

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