Leaders
Dallmeier

Business Directory

Browse the Directory

Sign Up to the Directory

FC Business Twitter
FC business Linked in
FC Business facebook
FC Business Youtube

Notts County winding-up order dismissed

Mon 11th Feb 2013 | Football Club Administration

The winding-up order issued against League One club Notts County was dismissed in the High Court "in a matter of seconds" on Monday.

The Magpies were issued with a winding-up petition by Her Majesty's Revenue & Customs (HMRC) on Friday relating to VAT and PAYE monies due on December 19 last year.

County, the world's oldest professional football club founded in 1862, issued a statement on Sunday saying they were confident they had no case to answer.

And at a hearing in London on Monday morning, that proved to be the case.

After the hearing, the club released the following statement: "Further to the statement released by the club on Sunday evening, Notts County can confirm that the winding up petition brought against the club by Her Majesty's Revenue & Customs has been dismissed.

"The petition was dismissed in a matter of seconds at a hearing in London on Monday morning."

The club said in its statement on Sunday night: "The board will be seeking legal advice regarding taking action against HMRC and the officer personally responsible for this and will seek to recover all costs associated with defending the action plus punitive damages for the harm suffered by the football club."

Discuss this story in the fcbusiness LinkedIn Group.

Posted by: Kev Howland

---------------------------------------------------------------------------------------------------

RETURN TO LATEST NEWS SECTION

SUBSCRIBE TO THE FCBUSINESS RSS FEED

If you have any football business related news stories you’d like to share then please contact us – agourley@fcbusiness.co.uk

Add to: Google Google | Yahoo Yahoo | Live Live | del.icio.us del.icio | Digg Digg |

Related Articles

Notts County Ladies Folds Following Huge Debts

Fri 21st Apr 2017 | Football Club Administration

Notts County Ladies Football Club have folded after Alan Hardy admitted defeat in his bid to save the club which faced a near-£1million bill to stay afloat this season. The Notts County chairman...

Bolton Wanderers Sell Training Ground To Wigan

Fri 19th Feb 2016 | Football Club Administration

Bolton Wanderers have today confirmed the sale of its Euxton training ground to ‘another North West football club’. The Championship club have debts totalling £172.9m and are...

Northampton Town Application For Administration Withdrawn

Fri 11th Dec 2015 | Football Club Administration

Northampton Town Football Club has confirmed that the application for administration has been officially withdrawn. Legal agreements had been reached this week between the club and Northampton Borough...

HMRC Hands Bolton Wanderers Winding Up Petition

Thu 10th Dec 2015 | Football Club Administration

Bolton Wanderers have been handed a winding up petition by HMRC it’s been confirmed. The club, who are currently bottom of the SkyBet Championship, have debts of over £170m and have failed...