11 Jun 2009Accrington Stanley given High Court reprieve

Football Clubs News | Football Finance News

Accrington Stanley have been given some breathing space by the High Court after an adjournment was granted as the club faced a winding-up order.

The League Two club put forward proposals in London to clear their £300,000 tax bill within the next year and HM Revenue and Customs appeared satisfied with the instalments projected.

Speaking to BBC Radio Lancashire, chief executive of the club Rob Heys revealed that although it will be hard graft to clear the debt, there are plans on what can be achieved.

He said: "It's an awful lot of money to pay over a very short period of time, but we've said all along we are committed to paying it.

"We accept it's a debt that's run up for one reason or another, so it'll be a combination of cost cutting and increasing other revenue. We're looking to try and build the crowds as well as one or two other initiatives that'll bring more money into the club."

Heys added that the club was realistic with what was proposed, with the overall results of the trip to the High Court described as being "positive and encouraging".

Dwindling crowds and the withdrawal of a football sponsorship deal have been reasons given in the past for the club ending up in their current financial position.

Written by Mark Thompson

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