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Macclesfield Town wound up in High Court

Macclesfield Town have been wound up in High Court on Wednesday afternoon after a judge was told that the club owed more than £500,000.

Judge Sebastian Prentis made a winding up order at a virtual hearing in the specialist Insolvency and Companies Court on Wednesday.

He was told that the Silkmen owe nearly £190,000 in tax and more than £170,000 to two other creditors.

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Lawyers representing HM Revenue and Customs had applied for a winding up order.

The judge said he could see nothing which gave him “any comfort” that the club can pay the debts.

He was overseeing the latest in a series of hearings.

Macclesfield were recently relegated from the fourth tier of league football into non league football.

They were relegated after being docked points for breaches of regulations relating to non-payment of wages which dropped them to the bottom of the League Two table.

So what next for the Silkmen?

The club has lost control of their future which is now in the hands of the creditors and the court.

Administration is possible but somebody would have to agree to fund the process, as it would mean taking full control of the club. It’s highly unlikely that current owner Amar Alkadhi would agree to that, or even if he could cough up the money to save them, HMRC are not interest in running insolvent companies.

Supporters will be hoping that either an insolvency firm will take the job on, in the hope of making a profit on a successful sale, or someone appropriate can buy the club in the next few days.

Anything less and it would be impossible for the National League to let Macclesfield start the new season next month. They are scheduled to play Bromley at Moss Rose on the 3rd of October under new manager Tim Flowers.

The Silkmen Supporters Trust wrote: The SST are devastated by the decision of the court to wind up Macclesfield Town Football Club.

The responsibility for this lies at the feet of one person – Amar Alkadhi.

We are currently looking into what actions we can take to save the club and as such will be seeking a meeting with the receiver as soon as possible.

In the meantime the SST will attempt to put together a rescue bid.

We ask all our fans to unite and get behind the SST.  We therefore ask any fan with specialist knowledge to contact the SST, as soon as possible.

Meanwhile, an application to wind up Southend United has been adjourned by Judge Prentis, in the hope that bosses can clear tax debts.

A lawyer representing tax officials said debts had been reduced and asked the judge to adjourn the application to give bosses at the League Two club time to pay.

The case is expected to be reconsidered in a few weeks.

Southend had featured at a hearing in March, when another judge agreed to an adjournment.

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