English League Two football team Bury FC has survived a winding-up petition after the order was adjourned until 15 May by the High Court. The club's former head coach, Chris Brass, initially brought the case over money owed to him, but HM Revenue and Customs has since taken over, claiming a debt of £362,000 ($277,000) in unpaid taxes. Players and staff salaries due on 29 March went unpaid, but the club's chairman has since announced that the frozen assets will be released to a new bank account this week, allowing the wage arrears and the Revenue to be paid.
English League Two football team Bury FC has survived a winding-up petition after the order was adjourned until 15 May by the High Court. The club's former head coach, Chris Brass, initially brought the case over money owed to him, but HM Revenue and Customs has since taken over, claiming a debt of £277,000 ($362,000) in unpaid taxes. Players and staff salaries due on 29 March went unpaid, but the club's chairman has since announced that the frozen assets will be released to a new bank account this week, allowing the wage arrears and the Revenue to be paid.