THE ADMINISTRATORS for Petroplus at Coryton have given hope to the Pegasus Club in Corringham that they may have a future.
The popular sports and social club in Herd Lane is concerned that they may also be sold off.
However, Price Waterhouse Cooper (PWC) have issued a statement that is a definite silver lining.
A spokesperson for PWC said: “The administrators are proposing that the Pegasus Club continues to occupy the property on a rent-free basis until Autumn 2013 to give it sufficient time to find a longer term solution.
“These arrangements are due to be formalised shortly.”
A spokesperson for the club said: “The Pegasus Committee is discussing PWC’s generous offer of an extended lease until November 2013.”
