Hartlepool Borough Council has loaned Hartlepool United more than £77,000 so the club can pay this month’s wage bill.
The council has released a statement to say it has agreed to provide temporary support to Pools after providing the club with an earlier loan in December. It comes as negotiations for a takeover of the club continue between the Pools and a consortium led by businessman Raj Singh.
Councillor Christopher Akers-Belcher, the leader of Hartlepool Borough Council, said: “This is the second time in four months Hartlepool United Football Club has asked for temporary financial support from the Council.
“The first time was in December 2017 when the Council agreed a temporary loan and this was fully repaid by the end of January 2018, as agreed.”
Read more at: http://www.hartlepoolmail.co.uk