Tax Bill Cleared
The latest winding up petition against Southend has gone away with an outstanding tax bill paid off.
For a sixth time in four-years Southend faced the prospect of being wound up! However the one-month arrears for PAYE and national insurance contributions, which had caused the problem, have been paid and the scheduled High Court meeting later this month dismissed.
Continued losses are a problem for the club, with an overspend in the 2010/11 season doing little to help. Hopefully the proposed move to Fossetts Farm will help ease the financial strain and prevent future problems!
Win FREE pizza with Vital Football!
Select your team and get 50% off if they score twice.