Mandaric pays off Wednesday's £1.1m tax debts
Thursday 16 December 2010
A winding-up petition against Sheffield Wednesday was dismissed at the High Court yesterday after the club paid their tax debts in full. The League One side have been saved from possible administration after the £9m takeover by Milan Mandaric.
The former Portsmouth and Leicester owner settled the club's outstanding £1.1m debt to Her Majesty's Revenue and Customs (HMRC). Catherine Addy, representing HMRC, told Mr Registrar Jaques that the debt had been paid in full and asked for the petition to be dismissed.
On Tuesday Mandaric vowed to take Wednesday back to the Premier League.
Latest in Sport
Frank Lampard was RIGHT not to celebrate Manchester City's equaliser against Chelsea
All Blacks Aaron Cruden misses New Zealand flight after drinking session, has brilliant excuse
Colombian women's cycling team kit that makes wearer appear naked is branded 'unacceptable' by UCI president
Five reasons why Louis van Gaal is a worse Manchester United manager than David Moyes
Sam Wallace: Louis Van Gaal struggled at start of Bayern’s Double-winning season, but United’s problems run deeper and this league is less forgiving
- 1 Rihanna 'nude pictures' claims emerge on 4Chan as hacking scandal continues
- 2 iOS 8 apps and features: eight iPhone settings you need to look at after you install the update
- 3 Kim Kardashian 'nude photos' leaked on 4chan weeks after Jennifer Lawrence scandal
- 4 'F*ck it, I quit': KTVA reporter Charlo Greene quits live on air in spectacular fashion
- 5 Scotland could still declare independence – even without referendum, says Alex Salmond
Scotland could still declare independence – even without referendum, says Alex Salmond
Scottish referendum results: Cross-party consensus collapses amid Tory-Labour spat on the 'English question'
Hilary Mantel 'should be investigated by police' over Margaret Thatcher assassination story, says Lord Bell
Scottish independence: David Cameron is becoming the 'George Bush of Britain'
Plebgate MP Andrew Mitchell called officer a 'little s**t', claim court documents 'exposing ex-Chief Whip's 'record of abusing police'
Archbishop of Canterbury admits doubts about existence of God