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Wrexham must clear debts

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The League One club has revealed is aiming to clear outstanding debts within a year. The club has been given only days to submit plans to the Inland Revenue, the main creditor (£ 884,000 plus interest) explaining how it will pay an outstanding tax bill. “We need to come up with concrete proposals to show how we are going to pay our debt” said club’s Chairman Alex Hamilton. Other club’s creditors are the local council (£40,000 in unpaid tax) and list of suppliers claiming £ 1,000 to £ 9,000 each for services provided.
Source: euFootball.BIZ © Copyright 2006 - All rights reserved.

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