Truro City have avoided a winding-up petition from the tax man by a last minute settlement of their tax debts. Registrar Nicholls was informed that prior to the hearing, the tax debt had been settled. The learned Judge therefore adjourned the matter for two weeks in order for HMRC to be able to confirm the payment. The club will go before the High Court on 30 January to confirm that their debt has been paid and end the legal action against the club.
Club chairman Kevin Heaney said: ” We are immensely grateful to everyone who has stuck by the club and helped in all sorts of ways over the last few extremely difficult months. From now on it is business as usual, with team strengthening and our continued commitment to the Stadium for Cornwall project. We will now be seeking to have the League’s transfer embargo lifted just as soon as possible so that we can start strengthening our squad again.”
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