HMRC liability settled - Latics

Reporter: Matthew Chambers
Date published: 21 March 2017


ATHLETIC have stated that the club are completely up to date with payments to HM Revenue and Customs and are expecting a notice of a winding-up petition to be retracted.

The London Gazette stated that the club were due in the High Court on Monday, May 8, to answer the petition over a bill thought to be around the £20,000 mark.

However, the club have said in a statement that the liability has already been settled.

"We are expecting a formal retraction from HMRC in the next edition of the London Gazette," the club's statement read.

'ISSUES'


"There is no secret that the approaching summer months for football clubs can cause cash flow issues as there is virtually no income in May, June and July while the running costs of the club are as much as £750,000.

"However, we would like to make it 100-per-cent clear that under no circumstances were the season tickets put on sale early to help pay any outstanding monies to HMRC.

"We would also like to thank the vast majority of our fans who unconditionally support our club and understand the difficulties that not only Oldham, but many other clubs in our division, face continually and realise that we are doing the absolute best we can to provide a competitive team on the pitch as well as keeping the club financially stable."