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FootyMAD > Cherries MAD > Cherries Latest > Cherries News

Courts Block Cherries Payment To HMRC

By Bournemouth Co-Ordinator
Friday, 23rd October 2009
In a bizarre twist to paying off one of the Cherries most aggresice creditors, the courts block payment to the HMRC.
You'd have thought that the Courts would have been only too pleased to see the Cherries voluteer payment to an aggressive creditor. So it was with some surprise that it was announced that the Courts had blocked payment to the HMRC.

With the Cherries poised to pay a sum, believed to be £150,000 to the HMRC, the authoritoes block payment. Speaking in the Bournemouth Evening Echo, Eddie Mitchell is quoted as saying: "We have spent £11,000 trying to unfreeze the bank account so we can pay certain parties, as and when their debts fall due. We have put certain companies in front of the judge which we want to pay, but, ironically, we were not given the go-ahead to pay HMRC, which seems strange. But we are going back to the court to try to arrange payment. Although they won't let us pay, we have got the funds. This is causing us extra expense which could go towards clearing our debts. They are dictating who we can and can't pay and, at this moment in time, we can't pay the very organisation which is petitioning to have the club wound up".
Related Articles:
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- We Can Do Better - Howe
- Should The Government Aid Lower League Clubs?
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