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Author Topic: Preston given winding up petition  (Read 224 times)
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Sluffy
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« on: 14 May 2010, 07:20 PM »

Seems the Lilywhites are finding it a bit tough at the moment.

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' investment in the Deepdale club to £13.82m including interest.


http://news.bbc.co.uk/sport1/hi/football/teams/p/preston/8683899.stm
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Howfen White
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« Reply #1 on: 14 May 2010, 07:24 PM »

It was the compo they gave to Alan Irvine because he's such a fine manager.
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