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Salford City Reds face Winding-up Petition

October 18 2012

BBC Radio Manchester reports that Super League club Salford City Reds are the subject of a winding-up petition.

It has been presented by club sponsors and management consultants, Steuer Gregsson Limited, and will be heard in Manchester on 29 October.

The Reds have appealed throughout the season for fresh investment, following their move to the Salford City Stadium at the start of the year. Salford have said the matter is “over a small amount of money”. On their Facebook page, they commented: “It is being dealt with. The club have brought people in to sort it out and it will be.”

Salford have been forced to reject several claims throughout the past year that they have been on the verge of administration. An outstanding five-figure tax bill, owed to Revenue & Customs, was paid in April.

Steuer Gregsson director Tim Isherwood – brought in by the club to prepare it for new investment – has not commented. It has been reported that the club has been looking for finance for some time and chairman John Wilkinson said last month that details of new financial investment would be announced within days.

We are a specialist City of London law firm made up of Solicitors & Barristers and based in the Middle Temple Inns of Court adjacent to the Royal Courts of Justice. We are experts in dealing with matters surrounding insolvency. We provide national coverage across all Courts in England & Wales and we offer free initial telephone advice. Our Winding-Up Experts are able to give specialist legal information and advice in this area of law. Contact our leading Solicitors or Barristers for a free initial Winding Up Case Assessment or call 0845 8622 529.

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