Scores of companies across the district are poised to write off thousands of pounds owed to them to ensure the survival of Bradford City.

Several business have said they are furious at the deal on the table, which could see them receiving just 10p in every £1 they are due.

But it is still expected to win the support of enough creditors to see City exit administration before the start of the new season on August 11. For the deal to be approved, it must have the agreement of creditors holding three-quarters of the value of the club's total debts at a meeting on August 1.

The Telegraph & Argus contacted a number of creditors yesterday and, although many felt angry at the losses they are going to suffer, most said they intend to accept the proposals.

But the director of one Bradford firm said he would vote against it, regardless of the consequences for the club.

"It is a tough situation for everybody and no one wants to lose out," he said. "Although we are reasonably successful, I cannot afford to go around giving money away. I feel as though they have let me down badly by placing orders when they knew they were in trouble."

In total, there are more than 250 unsecured creditors, including sponsors (including the T&A), club-shop suppliers, food and drink operators, and companies and organisations which have loaned their training facilities. There are printing firms, football clubs, medical specialists, a jewellers, three local councils, St John Ambulance and even Beckfoot School in Bingley. Many of the firms are newsagents due commission from taking part in the club's cashline competition.

Stephen Hunter, pictured, manager of Old Road News at Horton Bank Top which is owed £120, said: "If they can afford to pay the Inland Revenue £1 million, then we should be paid in full as well."

But huge German insurance firm Gerling, which is owed £7,344,000, stands to be the biggest loser, as it is likely to receive just £734,400 of the amount it is due as one of the club's many unsecured creditors.

Other big creditors are likely to be more fortunate. Lombard North Cent-ral, which is due more than £6 million in payments owed to it for the financing of the new Sunwin Stand, will be paid in full over the next six years. GE Capital will receive its £4.2 million funded using the next annual parachute payment City are due to receive from the Premier League. And HSBC bank, which is owed £4.4 million, is also unlikely to suffer losses as its loan was guaranteed by the club's board members.

Preferential creditors, inclu-ding the Government via tax and VAT debts, who are owed £1,019,000, will be paid in full.

The majority of creditors are the club's 8,000-plus season ticket holders, whose tickets are valid for the new season.

Like the creditors, all season ticket holders, including junior members, can vote on the deal at the meeting on August 1.