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.
Latest in Sport
- 3 The enemy within: People who hear voices in their heads are being encouraged to talk back
- 4 British grandmother Lindsay Sandiford faces execution by firing squad in Indonesia
'We would evict Queen from Buckingham Palace and allocate her council house,' say Greens
French court convicts three over homophobic tweets, in case hailed as a 'significant victory' by LGBT rights campaigners
Greece elections: Syriza and EU on collision course after election win for left-wing party
British Muslim school children suffering a backlash of abuse following Paris attacks
Islamic history is full of free thinkers - but recent attempts to suppress critical thought are verging on the absurd
30,000 reasons why the rhetoric on immigrants claiming benefits can stop now