Norwich City a Creditor - Ipswich Town News
Town's deadliest foes Norwich City are amongst the club's 500-strong unsecured creditors. The amount owed is not known, however it is likely that Town owe the revenue from ticket sales for the Carrow Road derby in March.
The Blues sold out of their allocation on January 27th, two weeks before they went into administration. Like all other unsecured creditors over the next four years Norwich will receive 5p in the pound when Town are in the Nationwide League and 20p in the pound during any season the Blues are in the Premiership.
A number of the unsecured creditors are planning to hold a meeting. Unsurprisingly many are unhappy that they will receive so little of what they are owed. There is also annoyance that no apology has been issued by the club up to now. A date for the gathering is yet to be fixed.
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