The taxman’s petition to wind up Northampton Town Football Club was officially withdrawn at a High Court hearing this morning after the new owners cleared the £237,000 debt.
The HMRC petition, lodged because the club owed a substantial amount in unpaid taxes, had been adjourned from a previous hearing on November 16.
But today the taxman officially withdrew the petition for the unpaid bills, which had risen to £237,000,
If the petition had been successful, the football club would have seen dissolved.
New chairman Kelvin Thomas has welcomed the withdrawal.
He said: “This is a very positive step as we move forward. We can now focus on our review of the club and developing the future plans.
“We really enjoyed our first game in the win against Yeovil last weekend and the welcome we received from the fans was really special.”
Mr Thomas said the team can now concentrate on next Saturday’s 2nd round FA Cup tie against Northwich Victoria.
He said: “Now it’s time for the FA Cup. The players have given themselves a wonderful chance of getting into the 3rd Round and it’s a great time to get behind them, so make sure to bring all your family and friends out to Sixfields this Saturday.”
Reduced priced tickets are available for next Saturday’s match via www.ntfcdirect.co.uk