Bury FC Winding up Petition Dismissed by High Court
February 17 2016
Bury FC were issued a winding-up petition by HMRC over an unpaid £156,000 tax bill last month. The petition against The Shakers was dropped during a brief court hearing yesterday at the High Court in Central London.
Administration Error Lead to Winding-up Petition
HMRC’s petition to have the club wound up has been dismissed by a registrar after hearing the debt had been paid in full. Despite this the League One struggler’s has been directed to pay the costs of the hearing. The unpaid tax bill under analysis relates to a payment for December. Last month, the club’s chief executive Stewart Day claims it was paid seven days late due to an administration error, blaming it on an unexpected shortfall in cash flow following the cancellation of their boxing day match against Barnsley FC.
Stewart Day reportedly had this to say:
“I know HMRC are very strict on sporting organisations and have difficulty with things. We always pay HMRC, we’ve never not paid our bills. We had a fixture postponed on Boxing Day that was going to bring in a lot of revenue as well, against Barnsley. There was just an administration error that was paid in full about seven days late from when it needed to be done. But HMRC wanted to try and take it down a legal route, which is a bit frustrating. It wasn’t a case of us not paying the bill, we don’t owe them a penny. It’s frustrating now that we’ve got to go and pay extra legal bills to have things removed when we don’t owe them a single penny at this moment in time. We continue to pay our bills, we continue to progress forward but they are trigger-happy with football clubs. I speak to a lot of (football clubs) and they all have similar sorts of issues with them. It’s frustrating now because ultimately people look at it and go ‘oh, they’ve not paid their bills’. We have and we want to reassure the fans, we will always pay the bills. We continue to move forward as well. But they (HMRC) are just a little bit too trigger-happy, unfortunately.”
Winding-up Petition Solicitors
If you have received a winding up petition our legal experts are able to provide legal advice and representation. Our team of solicitors and barristers can obtain a court adjournment; CVA’s or successfully challenge the validity of the winding up petition to ensure that the petition is dismissed, often without public advertisement.
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