Southend United winding up petition dismissed
The winding-up petition hanging over Southend United has finally been dismissed.
At the High Court on Wednesday, legal firm Stewarts Law LLP, who represented the club at previous hearings, and the petition’s supporting creditor – a former club sponsor – both said they supported the dismissal.
The club’s chairman, Ron Martin, who was at the court, also said he supported the move. It is understood a deal with the former sponsor was agreed this morning.
Fans of the National League side have spoken of a “rollercoaster” of emotions during the long-running saga over the club’s future.
On Tuesday, Stewarts Law said they had agreed a settlement with the Blues over unpaid debts and would ask for the case to be dismissed.
Earlier this week, Southend were ordered by the National League to post a £1m bond because of uncertainty over the club’s financial situation.
The Custodians of Southend United – a consortium led by Australian businessman Justin Rees hoping to buy the club – said the bond had complicated its takeover bid.
Related
Youth football teams hold minute’s silence for 10-year-old Poppy Atkinson
Youth football teams and grassroots clubs across the country have held a minute’s silence at the start of their games to commemorate a 10-year-old girl who di
Girl’s death sparks minute’s silence at football matches nationwide
10-year-old Poppy Atkinson was killed when she was struck by a car during a training session at Kendal Rugby Club in Cumbria. Clubs from Leeds to London
Liverpool fans’ Uefa claim can be heard in England, judge…
The high court, sitting in Liverpool, heard Uefa had relied upon the principle that English courts will not inquire into the legality of actions by foreign gove
Alan Shearer’s Premier League predictions including Manchester United vs Arsenal
Caption: Alan Shearer?s Premier League predictions credit: Getty / Metro After some impressive results for English sides in Europe the focus is
