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Page last updated at 16:30 GMT, Friday, 8 August 2008 17:30 UK

Bournemouth accept League penalty


Bournemouth will play in League Two in the new season after agreeing to the Football League's conditions.

The club had to accept a 17 point deduction and agree not to appeal against the decision.

The Football League ruled that as the club has been unable to agree a Company Voluntary Arrangement they had not met their terms for exiting administration.

Chief executive Alastair Saverimutto told BBC Radio Solent: "We're delighted to be able to move forward."

He added: "The initial announcement from the Football League was negative, and took us by surprise a little. But the latest news came as a great relief really I suppose.

"This announcement has put us where we want to be, and now we can move forward and take this club to the next level."

B L - Leeds

In a statement explaining the penalty, the Football League said it was "prepared to exercise its absolute discretion under the 'exceptional circumstances' provisions of its insolvency policy."

The Cherries, who will start their season at home to Gillingham on Saturday, are the second club to be handed a 17-point penalty in as many days.

Rotherham accepted a deal essentially the same as Bournemouth's, though theirs included an extra caveat that they must return to the town within four years.

The club were forced to leave Millmoor, their home for more than 100 years, and play games at the Don Valley Stadium in Sheffield from the start of 2008/09.

Below both clubs in the table are Luton, who have been deducted 30 points for misconduct and for failing to satisfy the League's insolvency rules.

see also
Bournemouth v Gillingham
08 Aug 08 |  League Two
New Bournemouth owners revealed
18 Jul 08 |  Bournemouth
Cherries moving forward - Mostyn
03 Jul 08 |  Bournemouth

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