By JON NEWCOMBE
RIVAL clubs believe that Yorkshire Carnegie could still be relegated from the Championship even though their members have agreed a CVA.
On Friday, Carnegie released a statement to say that their CVA had been approved by a majority of 100 per cent.
Creditors were offered 15 pence in the pound but for players who’ve already signed new deals elsewhere that figure only applied to the difference in the value of the two contracts.
Around £1m in player wages will all be settled for a fraction of the sum, rumoured to be as little as £60,000.
But as Carnegie celebra...