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Another Championship Club With A Winding Up Petition

Fri May 14, 2010 7:53 pm

This time Preston North End.

One of the founding members of the league.

Football has been hit hard recentley and it will get worse, now is the time for us to reach the Premiership.


Championship side Preston have been served with a winding up petition by Her Majesty's Revenue and Customs.

A statement from the Deepdale club said it had received the petition following the failure to pay certain liabilities.

The company's ordinary shares will be suspended from trading from 17 May pending financial clarification.

On Thursday, North End borrowed a further £550,000 from leisure tycoon Trevor Hemmings to "meet the cost of players' wages due this month".

The cash injection took Hemmings's investment in the Deepdale club to £13.82m including interest.

The Lancashire club, who were one of the 12 founding members of the Football League, are considering their available options and will make a further announcement soon.

They finished the season in 17th place under manager Darren Ferguson, the son of Manchester United boss Sir Alex.


http://news.bbc.co.uk/sport1/hi/footbal ... 683899.stm

Re: Another Championship Club With A Winding Up Petition

Fri May 14, 2010 7:54 pm

Lets hope the Riddler doesn't go there, because they'll be wound up faster than possible.

Re: Another Championship Club With A Winding Up Petition

Fri May 14, 2010 7:56 pm

football is in a state big time

Re: Another Championship Club With A Winding Up Petition

Fri May 14, 2010 8:27 pm

sad for football, good luck preston