Nuneaton Borough have announced that they have paid the outstanding bill to HMRC that had led to the recent winding-up petition.
The bill, which stood at almost £32,000, was paid last month after the club successfully had the winding-up petition adjourned and subsequently won a request for a validation order to access their bank account. Generous donations from football supporters far and wide, as well as help from Stuart Elliott, Andy Farmer, Justin Palmer and David Parnell, Senior Partner at DP’s Financial Advice and Services, alongside the Nuneaton Borough Supporter’s Co-operative share option purchase, have seen enough funds put in to the club to make the necessary payments.
“It’s taken a lot of hard work,” said chairman Jimmy Ginnelly, continuing, “we need to make sure that this isn’t for nothing, that we safe-guard the future of the club and don’t let this happen again.
“We’ve had donations from far and wide but the bulk has been from the generosity of local businessmen who love this club. We’ve also asked far too much of our supporters, constantly looking for them to put their hands in their pockets and bail us out for mismanagement in the past.
“That’s not a sustainable model and I apologise that we’ve had to lean on them so much, it’s now our turn to stand up and be counted for them, to deliver a football team that the town can get behind. Although we were relegated at the weekend, I think we’ve shown enough fighting spirit to give a taste of what we’re about and how we’re going to tackle our campaign next season.
“Off the pitch, we’re also working hard to put structures in place to ensure that we’re a viable proposition. I’d like to say thank you to the fans that have stuck with us this season, they’ve been a credit to the club and have seen us through this incredibly difficult period.
“Together we’re strong, we will bounce back. Up the Boro.”
The club confirm the winding-up petition has been dismissed.