Hearts pays tax to ward off winding-up order

HEARTS FC HAS PAID off a substantial tax bill to cancel out a winding up order issued by HM Revenue & Customs.

The taxman ordered the winding up order against the Scottish club at the end of July for an outstanding tax bill – having done the same in July 2009 against the same club, The Daily Telegraph has reported.

It is reported that sheriff officers visited the club to recover an estimated £2.8m penalty owed to HMRC relating to transfer deals.

Former Hearts FC chairman George Foulkes has insinuated HMRC are leaking information to the media, and accused it of having “an agenda” against the club.

“We knew HMRC has been chasing Rangers up for some time but with a major game in the offing for Hearts you wonder if there are people doing this deliberately to blacken the name of the club,” said Foulkes told the publication.

Related reading

Life Belt with Computer Folders