Cardiff have winding up order adjourned

Pa
Wednesday 10 February 2010 10:39 EST
Comments

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

Cardiff have confirmed they paid £1million to Her Majesty's Revenue and Customs yesterday in part settlement of the club's unpaid tax bill.

The South Wales outfit are believed to owe in the region of £2.7m to HMRC and were today handed a further 28 days to pay the remaining amount after their winding-up order was adjourned by the High Court in London.

Cardiff, who are fourth in the Coca-Cola Championship table, were facing their second order after a first was dismissed by the High Court back in December when the club agreed a payment plan that would have seen all necessary funds repaid by the end of January.

HMRC set aside today's date to go back to court if for any reason that obligation had not been fulfilled.

And a statement on the club's official website, www.cardiffcityfc.co.uk, this afternoon read: "Cardiff City have had a winding-up order adjourned for 28 days by the High Court in London.

"During a short hearing, the court heard that the club had paid £1million to Her Majesty's Revenue and Customs in part settlement of a tax debt.

"This payment had been made on Tuesday February 9 and HMRC had no objection to the club's request for a 28-day extension to pay off the balance.

"Cardiff City chairman and chief executive Peter Ridsdale was in court to hear the decision."

The Bluebirds could face administration and a 10-point deduction should a winding-up order be made.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in