League 1 Luton Town enter administration
November 22, 2007
Insolvency specialists, The P&A Partnership, confirmed the news on Thursday evening after the club's directors were advised the Hatters could not continue functioning in their current state.
P&A Partnership spokesman Brendan Guilfoyle said: 'Administration will give the club breathing space and an opportunity to restructure its finances.
'Our aim is to maximise the value of the company's ...