Macclesfield winding-up petition adjourned after offers made for shares

• HMRC agrees to adjournment for 70 days
• Three bids made for a stake in League Two club

Macclesfield Town could be set for a change of ownership after court proceedings revealed an offer for shares in the crisis-hit club was at an advanced stage.

The League Two side were facing a winding-up petition in London on Wednesday morning, but any decision has been adjourned for 70 days after barristers acting on behalf of the club said several offers had been made for shares in the club, with one preferred bidder having proof of funds to complete the transaction. HMRC, which was seeking the winding-up order, agreed to the adjournment.

Continue reading...

About the Author

Comments are closed.