NEW RESCUE DEAL TO BE UNVEILED TO KEEP GLENTORAN FC SOLVENT

Glentoran's Oval ground in east Belfast

Glentoran’s Oval ground in east Belfast

A NEW financial rescue package is to be unveiled on Thursday in a bid to save Glentoran FC from going under.

The new cash injection will help to stave off the possibility of going into adminstration because of mounting debts.

The players have returned to training after they were paid one month’s wages.

In November they refused to train after they did not receive payment for eight weeks.

There have been ongoing cash flow problems at the club. In May, the IFA lent it £60,000 to cover unpaid wages.

There have been other cash injections to keep them afloat.

 

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