SOC Soccercity

0.10

0.00 (0.00%)

Last Updated: 01:00:00

Delayed by 15 minutes

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Soccercity	LSE:SOC	London	Ordinary Share	GB0032742339	ORD 1P

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	0.00	0.00%	0.10						0.00	01:00:00

Industry Sector	Turnover	Profit	EPS - Basic	PE Ratio	Market Cap
	0	0		N/A	0

Subsid. Creditor Arrangement

31/01/2006 6:22pm

UK Regulatory

RNS Number:7330X
Soccercity PLC
31 January 2006



                                 Soccercity plc

                                (the "Company")



                    Subsidiary's arrangement with creditors



The Company announces that, following a meeting of creditors and shareholders of
Soccercity North Limited ("Soccercity North"), a non-trading, wholly owned
subsidiary of the Company, held on 26 January 2006, Soccercity North has entered
into a company voluntary arrangement providing for the settlement of amounts due
to certain creditors amounting to #309,060 (including a provision for fees of
approximately #11,000) by means of equal monthly instalments of #5,151 over 60
months.



As mentioned in the Company's interim results statement issued on 13 October
2005, we continue to work with our advisers to endeavour to raise further funds
for the Company.





Enquiries:
Norman Molyneux, Soccercity plc                        01942 322256
David Youngman, WH Ireland Limited                     0161 832 2174




                      This information is provided by RNS
            The company news service from the London Stock Exchange
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