Creditors of struggling Scottish football club Hearts have voted in favour of the CVA proposal issued by the administrators.

The requisite majority of creditors (a minmum of 75{06aeb1921e0b802d2bd9c766bc98fb11cc6a46c2b0593ed9c88a0e29cf417a34} required) and the shareholders have voted to support the rescue plan.  This a major step for the club to exit administration and move forward.  




Source: Insolvency News