The HMRC winding up petition brought against League Two side Northampton Town has been withdrawn after a court hearing on Monday. The news had been expected after the Cobblers’ new owner Kelvin Thomas paid HMRC unpaid tax it was due when the club was bought last week. The club still have an outstanding debt with the council of £10.25m
HMRC Winding up Petition Withdrawn
On Friday 27 November, the Cobblers’ administration petition brought by Northampton Borough Council was adjourned to 11 December in order to allow more time for a deal to be made between Thomas and the council. Thomas purchased the club from David Cardoza on Thursday and became executive chairman of the Cobblers.
The new owner of the club Kelvin Thomas reportedly had this say:
“This is a very positive step as we move forward. We can now focus on our review of the club and developing the future plans.”
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.