Chairman of troubled firm admits its state on website of his football club

The chairman of beleaguered construction firm Verry Construction has confessed the company is set to go into administration.

John Gibson made the statement on the website of St. Albans City football club, for which he is also chairman. He said: "As many fans may be aware Verry Construction are about to go into administration. This should not affect the football club which is owned by the holding company, William Verry Holding.

"The two companies are not linked as far as the football club is concerned. In relation to the football club, William Verry Holdings is looking forward to continuing into next Season."

Topics