Winding up of Port Vale FC

Port Vale FC have been served a winding up petition by the HMRC over an unpaid tax bill.

The club have been unable to pay players wages for the last month and have experienced other difficulties such as lack of directors, required by law, as chairman Peter Miller resigned in late February.

The HMRC have refused to comment on the details of this specific case but have stated all clubs have a responsibility to pay their taxes on time.

“It is only fair to those clubs and to other taxpayers who do meet their obligations that HMRC enforces payment of tax debts owed – and if need be, issues a winding up petition or seeks to appoint an administrator.

“There is little HMRC can do for a business – be it a football club or not – whose viability is dependent either on not paying the UK taxes to which they are liable, or on special treatment not available to other customers with similar tax affairs.”

Port Vale FC went into administration in 2002 but were brought out in 2003 by a support based group called Valiant.  The club have also received donations from pop star Robbie Williams to help with their financial troubles.

In sight of the possible winding up an emergency meeting has been called to try and save the struggling club it is expected that fans will put hands into their own pockets to try and support the club.

Our Insolvency Solicitors & Barristers are able to give you specialist legal information and advice on your businesses best insolvency options. Just click here to complete our online contact form or for an initial telephone consultation with a qualified winding up lawyer call 02071830529.