By Paul Holmes
July 1 2002

3 Bradford City directors have made a combined donation of £400k to fund the club through the month of July. The three directors are former chairman Geoffrey Richmond, Julian Rhodes and Professor David Rhodes. The clubs administrators are also due to meet with creditors to try and reach an agreement.

Joint administrator Mike Moore said the following in a statement released on the clubs official site.

"Mr Richmond, Mr Rhodes and Professor Rhodes have provided the administrators with funding for the club for July.

"In return we have agreed to enter an exclusive period until the end of the month to formulate a Company Voluntary Arrangement proposal to place before creditors.

"We are hopeful this will provide the administrators with adequate time to finalise a proposal that secures the future of this club."