Clubs survive their day in court
Thu 12th Aug 2010 | Legal
It was a busy day at the Courts yesterday as a number of clubs were brought forward by HMRC to face winding-up petitions.
Sheffield Wednesday Football Club and Cardiff City Football Club were both ordered to appear after both failed to meet their tax obligations to HMRC.
The Owls reached and agreement with HMRC to adjourn the case for a further 28 days following the successful conclusion of discussions last week on a future payment schedule of the Club's tax liabilities.
Cardiff City’s order, brought by Her Majesty’s Revenue and Customs over a delay in paying a £1.3m PAYE bill, was thrown out by court officials after they heard that Cardiff had caught up with previous debts.
The reprieve will give the Welsh club some room to maneuver as they battle against mounting debts of around £30m.
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