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SHRIMPERS’ FUTURE IS SECURED

LEAGUE TWO
SOUTHEND have settled their tax debt and a winding- up petition against them has been dismissed in the specialist Insolvency and Companies Court. The club had been given more time to settle an outstanding debt of almost £500,000 to HM Revenue and Customs at an adjourned hearing in September.
Chief ICC Judge Briggs was told at a remote hearing by a lawyer representing Southend that all debts had been paid in full on Wednesday morning.
Southend have been able to refinance the club following an agreement to sell their Roots Hall ground.

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