Macclesfield given more time to clear debts after winding up petition adjourned

A judge has given Macclesfield more time to clear their debts following a winding up bid by tax officials.
Judge Sally Barber considered an application by HM Revenue and Customs at a virtual hearing in the specialist Insolvency and Companies Court on Wednesday.
She said she would reconsider the case on September 9.
Barrister Raj Arumugam, who represented HMRC, indicated that the League Two club owed about £70,000.
He agreed to the case being adjourned until September.
“It will give the company time to know more about their income stream,” he said.
“We recognise that Covid-19 has affected business operations.”
Get FourFourTwo Newsletter
The best features, fun and footballing quizzes, straight to your inbox every week.
Judges who considered Macclesfield’s case at earlier were told that the club owed a “very large” amount of tax.
At a hearing in January, Judge Mark Mullen was told that club bosses aimed to raise money by selling shares.

‘I don’t think Liverpool would look at Ollie Watkins, a striker isn’t a pressing issue for them – it’s Arsenal who need one’ Former Reds star explains why his old club don’t need an out-and-out forward this summer

‘He’ll still be playing at 40 at a good level because he’s in such good shape and looks after himself so well. He does everything to be a top professional’: Ex-Liverpool coach insists Mohamed Salah has plenty more miles in the tank