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

Southend United FC face another winding-up petition

Thu 1st Jul 2010 | Football Club Administration

Southend United Football Club has been served with another winding-up petition by Her Majesty's Revenue and Customs over unpaid tax according to the BBC.

The League Two side owes around £200,000 from April and May this year.

The club, which has appeared several times in the High Court over unpaid tax debts in the last 12 months, is due back there on 8 July.

Chairman Ron Martin said: "I will ensure that the entire sum is settled before the hearing."

He added: "And I will continue to ensure that the necessary finances are in place in order to steer this ship into calmer waters.

"HMRC were quick off the mark as they are with football clubs and of course are entitled to be."

A statement on the club's official website said: "Southend United has been subject to several winding-up petitions over the past 12 months but the club has always met their debt in full, albeit late."

The Blues have slashed their wage bill in recent weeks by releasing key players and are still under a Football League transfer embargo due to delays in paying staff salaries.

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

Don’t forget to subscribe to F.C. Business Magazine to keep up to date with the latest comment from the football world. Click here to subscribe

 

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Northampton Town Application For Administration Withdrawn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...