HUDDERSFIELD Town came out of administration today.
Corporate salvage specialists Begbies Traynor were at Leeds High Court to gain final approval of Ken Davy's takeover.
The club were put under the control of administrators David Acland and Andrew Dick on March 31, with debts totalling over £20m, after a players petition to recover £1.4m of unpaid wages.
Mr Acland said today: "The club is out of administration and we've just a bit of tidying up to do paying dividends to preferential creditors."
Town's chief executive Andrew Watson said: "It's great news for the club and the supporters."
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