Cardiff City returns to the High Court today to fight off a third winding-up
order brought by HMRC.
The Welsh football club still owes the taxman over £1.75m, having had two
previous orders adjourned after paying off £1m of its overall tax debt. The
Championship club hopes to pay off the rest by selling two plots of land around
the stadium for £1.8m, reports the BBC.
Administration, however, and a 10-point deduction for the play-off hopefuls,
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
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