Gosport Borough Football Club acknowledges the presentation of a winding-up order by HM Revenue & Customs in the High Court yesterday.
The club has reassured its players, officials, volunteers supporters and the general public that the relevant tax and VAT bill to this order has been settled in full with HMRC this week.
The club fully expect this latest petition to be dismissed at the scheduled hearing on Monday, January 30th 2017.
The club can also confirm that the playing staff have been paid. The club wishes to unreservedly apologise to them for the distress and great inconvenience caused. The club also places on record its sincerest gratitude for them continuing to give their all on the field in the most difficult of circumstances.
The club can also confirm the departures of both Chris Flood and Jamie Barron in the last week with their contracts being cancelled by mutual consent.
Further outstanding debts, including rent arrears, have also been settled, with local debtors being remunerated in full. The club can also confirm that the imminent takeover is at an advanced stage and are hopeful that this can be finalised and the new owner announced, before the New Year. When these matters are satisfactorily concluded, a further announcement will be made.
Bearing in mind that the club has now settled these financial matters, it is now hopeful that the National League will lift the Transfer Embargo currently imposed on the club shortly. This will allow the management team to replace the players who have recently left the club, at the earliest opportunity.
The club also apologises for the lack of recent releases such as this one. However, it will endeavour to keep players, officials, volunteers, supporters and the general public informed in the future when appropriate to do so.
The club acknowledge that these past few weeks have been extremely testing for everyone at Gosport Borough Football Club and look forward to being able to move forward under the guidance of the club’s new owners into a period of stability.