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Extreme Football Forum | Football Forums | NPower League Two | Topic: Southend get 35 day reprieve

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Southend get 35 day reprieve

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bubbles

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Southend get 35 day reprieve

« on: March 11, 2010, 09:52:14 AM »

From the BBC football site

Quote

Southend United get High Court extension to repay debts
Southend United

Southend United have been granted a 35-day extension by the High Court to repay outstanding debts.

The ruling against the League One club came at a winding-up hearing which had been adjourned from February.

They are in dispute with HM Revenue and Customs, who claim they are still owed money, believed to be £183,000.

United have also been hit by a transfer embargo after it emerged the Professional Footballers' Association paid their players' wages for January.

Southend say the new tax bill has not been settled because they claim an original £2.1m bill was overpaid.


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