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.”
Steve Absolom and Will Wright from KPMG Restructuring have been appointed joint administrators to City Motor Holdings and associated companies
Partners from Johnston Carmichael have been appointed as joint administrators to Axon Well Interventions Products UK
Begbies Traynor have been appointed administrators of William Anelay Ltd, York, one of Britain’s longest-established construction and heritage restoration companies
Smith & Williamson has been appointed administrators of charity 4Children