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Rugby club receives winding up order

Date Added: 04/09/2013  

One of the country's best-known rugby clubs has confirmed it has been served with a winding up order from HM Revenue and Customs (HMRC).

However, general manager Ryan Whitcut explained this was due to an oversight and does not mean the future of the team - which has faced financial difficulties in the past - is under threat.

In a statement, he explained that the winding up order served to the club by HMRC related to a previous tax bill that has since been settled.

Mr Whitcut said: "Further to the speculation surrounding the issue of a winding-up order issued by HMRC, I can confirm that this was the case due to an oversight by myself. As soon as the club became aware of this debt, it was paid along with all costs due and, as it was dealt with at the time, it came as a complete surprise to see that the petition was left on file."

The Bulls boss revealed that the club is now in a "good" financial situation, with owner Omar Khan having put in £1 million during the last season to bring the club out of administration and keep it afloat. He explained Mr Khan will continue to invest in the coming months.

Mr Whitcut called for Bulls fans to attend the side's last game of the current season on Saturday for the match against Huddersfield to support the club, noting this will help it to balance the books for the coming weeks.

Yorkshire-based Montpellier Estates recently confirmed that it had gone into liquidation after it was served with a winding up order by HMRC. The firm was previously ordered to pay £2 million in costs to Leeds City Council in April and the local authority revealed that it will be pursuing millionaire businesswoman Jan Fletcher - the owner of the firm - for the money.

The running of the company's land and property assets was handed over to liquidators after efforts to find a buyer for the business were unsuccessful.

Need advice on Winding up Orders? Call 0800 9020123

Posted by Julie Cutts

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