BusinessBusiness RecoveryHMRC seeks to put Southend United into administration

HMRC seeks to put Southend United into administration

League One club faces administration hearing on 4 November, and potential 10-point penalty

Another Football League club’s future is in the hands of HMRC as the body
seeks to place Southend United in administration over an unpaid tax bill.

The League One club had been set to face a winding up order tomorrow (28
October) but will instead face an administration hearing on 4 November,
according to the BBC.

Under Football League rules, clubs placed into administration face a 10-point
penalty, which would send Southend from a comfortable mid-table position to the
foot of the league.

“We are not looking to escape debts,” said Southend chairman Ron Martin. ”
Mine and my family’s life has been entwined with Southend United, often taking
up every waking hour and I have been doing my best, and will continue to do so,
to make sure than HMRC do not rip this from us.

“Their hostile action is not only unwelcome but also destructive.”

Related Articles

Number of winding up petitions filed by HMRC rises by 13%

Business Recovery Number of winding up petitions filed by HMRC rises by 13%

1y Richard Crump, Writer
Interview: R3 president Andrew Tate

Business Recovery Interview: R3 president Andrew Tate

2y Chris Warmoll, Writer
R3 calls for creditor 'breathing space' to help turn companies around

Accounting Standards R3 calls for creditor 'breathing space' to help turn companies around

2y Chris Warmoll, Writer
Montpelier Professional winding-up order withdrawn

Accounting Firms Montpelier Professional winding-up order withdrawn

2y Calum Fuller, Reporter
R3 cautiously welcomes advent of simpler bankruptcy regime

Business Recovery R3 cautiously welcomes advent of simpler bankruptcy regime

2y Chris Warmoll, Writer
Bolton settle unpaid tax bill with HMRC

Business Recovery Bolton settle unpaid tax bill with HMRC

2y Calum Fuller, Reporter
Bolton Wanderers secures new ownership deal as HMRC tax battle continues

Business Recovery Bolton Wanderers secures new ownership deal as HMRC tax battle continues

2y Chris Warmoll, Writer
Bolton secures extra time to defend itself from HMRC

Business Recovery Bolton secures extra time to defend itself from HMRC

2y Chris Warmoll, Writer