Hyde United wound up by HMRC petition
Posted by John Beech on September 24, 2009
Recently I have blogged on Hyde United (1) and complained about the lack of news on what was happening with the winding-up order sought by HMRC. The most recent news I had was that in May the club had been given a further two month’s grace (2).
This morning the club was wound up in the High Court (3), but an appeal against the decision is being considered. As I write, there is no response from their website (4).
Once I have managed to garner some more detail, I will blog some commentary.
John Beech said
Hyde United have been granted leave to appeal, so they play on for the moment (1).
John Beech said
A statement from Hyde United can be read on the Non-League Paper website (1), and the club’s own website (2) nows seems to be back up and running.
John Beech said
More on this story at twohundredpercent.
John Beech said
UPDATE: Hyde have managed to get the winding-up order over-turned (1 and 2). The club has paid off £35,000, raised through donations, of the £122,000 they owe HMRC, so, not out of the woods, but moving in the right direction. The problem will be with how long they can keep the donations coming in, and then whether they can get their budget in balance.