TaxAdministrationAccrington Stanley edges towards administration

Accrington Stanley edges towards administration

Milk drinking kids could soon be asking “who were they?”

Football League Two club Accrington Stanley faces the prospect of entering
administration over an unpaid debt of £308,000 to HMRC

The club has a High Court date later this month over the debt after
shareholder Ilyas Khan formally withdrew his offer to erase the club’s debt.
Khan has been at odds with club chairman Dave O’Neill over the issue, with the
proposal dependent on a new share issue.

O’Neill rejected this offer and another in which Khan pledged to match the
sum total of all money donated by the current directors before the court date,
reported the BBC.

“There is a limit to how many times you can be told to get lost,” said Khan.

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