High Court gives Truro City until June to pay tax debts

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Truro CityImage source, Other

The High Court has given Blue Square South club Truro City until 25 June to pay its tax debts.

The club survived a winding-up petition in January but is now facing a fresh action after failing to pay HM Revenue and Customs about £51,000 it owes.

The court was told that Truro also owe around £20,000 to two other creditors.

FBT Sports UK is claiming more than £18,500, though that debt is disputed, while Lexlaw Solicitors says the Treyew Road club owes them almost £1,400.

Truro's lawyer Tom Fletcher sought a 56-day adjournment with a view to club discharging its debts to HMRC and Lexlaw.

Mr Fletcher said that contracts are being exchanged on Monday on a joint-venture agreement, and that funds have already been transferred to accountants in order for the payments to be made.

Truro , external in January, but were served with a new winding-up order by HMRC for the current amount in March.

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