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+----- Thread: AGAIN ?????????? (/showthread.php?tid=11787)
AGAIN ?????????? - Devongone - 14-10-2022
Good supporters who seem to want nothing more than a proper club, but:-
Southend United have again been issued with a winding-up petition by HM Revenue and Customs (HMRC).
The Shrimpers have faced a series of winding-up petitions going back more than a decade, with their last one from the tax authorities issued and dismissed in 2020.
The latest petition is due to be heard at the the High Court on 9 November.
Southend previously addressed the issue, saying they intended to "discharge the HMRC debt in full".
The National League club's chairman Ron Martin addressed fans in a statement in early October saying the club missed a payment under its time to pay arrangement (TTP) - a agreement that allows debt to be paid back in monthly instalments - with HMRC.
The agreement was then cancelled as a result.
"Given the current economic climate I believe [that] to be premature, particularly given the agreement was due to finish in December 2022," the club said on 1 October.
"Bridging finance has been agreed, but has not yet been completed. Once it has (weeks not months) we will discharge the HMRC debt in full."
Even Chairman Ron Martin really wants the club NOT to be like this. But here we go again.