Argyle face winding up over unpaid tax
Wednesday 08 December 2010
Plymouth go to the High Court in London today to fight a winding-up order over an unpaid tax bill. The League One club, whose staff have yet to be paid any wages for last month, has been served the petition by Her Majesty's Revenue and Customs after failing to pay £700,000 of tax.
If Argyle do not manage to find the funds to clear their debt then they could be plunged into administration and face a 10-point deduction, which would leave them bottom of League One.
But with the search for investors in the club still going on, it is believed that Plymouth will request more time to pay the bill – a luxury which was granted to fellow League One strugglers Sheffield Wednesday last month when they faced closure over £600,000 of tax arrears.
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