MX23RW : Wednesday, July 28 03:30:30| >> :600:4119830:4119830:

Notts County earn reprieve as takeover edges nearer

Notts County earn reprieve as takeover edges nearer
© Reuters
County owe HM Revenue and Customs £200,000 in unpaid taxes.

Notts County have been given time to complete the sale of the club after a winding-up petition was adjourned by the High Court until June 5.

Notts owner Alan Hardy announced last week he was close to selling the club, who owe HM Revenue and Customs £200,000 in unpaid taxes.

"We have been given until June 5 to settle our debt to HMRC," the Sky Bet League Two club said on Twitter.

"At a High Court hearing (on Wednesday), the judge adjourned the case in order to allow sufficient time for the takeover of the club to be completed."

Hardy saved County from possible extinction in January 2017 when he bought out predecessor Ray Trew, but put the club up for sale in January this year.

Hardy's company Paragon Interiors went into administration, but he confirmed last week that he hoped prospective new owners would be able to take the Magpies forward after completing due diligence.

Hardy said last week he expected the outstanding HMRC debt to be paid in full by early May.

The Magpies are bottom of the table, two points from safety, but remain hopeful of retaining Football League status after losing only one of their last five matches.

ga('create', 'UA-72310761-1', 'auto', {'name': 'pacontentapi'});
ga('pacontentapi.set', 'referrer', location.origin);
ga('pacontentapi.set', 'dimension1', 'By Press Association Sport staff');
ga('pacontentapi.set', 'dimension2', 'c7727c17-3dc2-4d92-af9c-c0ca9eec74ad');
ga('pacontentapi.set', 'dimension3', 'paservice:sport,paservice:sport:club-news,paservice:sport:football');
ga('pacontentapi.set', 'dimension6', 'story');
ga('pacontentapi.set', 'dimension7', 'composite');
ga('pacontentapi.set', 'dimension8', null);
ga('pacontentapi.set', 'dimension9', 'sport:football');
ga('pacontentapi.send', 'pageview', { 'location': location.href, 'page': (location.pathname + location.search + location.hash), 'title': 'Notts County given until June 5 to complete takeover of the club'});

ID:355849: cacheID:355849:1false2false3false:QQ:: from db desktop :LenBod:restore:3252:
Restore Data
Share this article now:
Did you know...?
A general shot of Notts County stadium Meadow Lane in April 2015
Read Next:
Notts County owner Alan Hardy says new buyers will take club to the Championship
>
Read more about Alan Hardy Football

rhs 2.0
Olympic medal table header
CountryGold medalSilver MedalBronze MedalT
JapanJapan114520
United StatesUnited States1010929
ChinaChina105823
Olympics flagOlympic Athletes from Russia77418
AustraliaAustralia61714
Great BritainGreat Britain46414
Today's Olympic highlights header

Wednesday's key events


ROWING
· Team GB have dominated the men's coxless fours in recent Olympics, winning on each of the last five occasions, but this year they face some stiff competition. They are one of four rowing medal contenders for Great Britain today (2.10am)

SWIMMING
· Katie Ledecky and Ariarne Titmus face off again in the women's 200m freestyle final, with the latter having already come out on top in the 400m event (2.41am)
· Team GB's Abbie Wood is among the medal contenders in the women's 200m individual medley final, while teammate Alicia Wilson will also take part. USA's Kate Douglass was the fastest qualifier, while world and Olympic record holder Katinka Hosszu is also involved (3.45am)
· Katie Ledecky could make it two golds in one morning as she goes into the 1500m freestyle final as heavy favourite, having broken the Olympic record in qualifying (3.54am)
· Team GB were by far the fastest qualifiers for the men's 4x200m freestyle relay final and will therefore be favourites for another gold in the pool (4.26am)

RUGBY SEVENS
· Team GB take on New Zealand in the first men's semi-final, having been beaten by reigning champions Fiji but then come from behind to overcome USA on day two (3am)
· The sevens gold medal match takes place at Tokyo Stadium, with the winner of Great Britain vs. New Zealand taking on either Argentina or Fiji (10am)

ARTISTIC GYMNASTICS
· Joe Fraser and James Hall compete for Team GB in the men's all-around final (11.15am-2.10pm)

CYCLING
· Anna Shackley will take part in the women's road time trial (from 3.30am)
· Geraint Thomas and Tao Geoghegan Hart have medal ambitions for Great Britain in the men's road time trial, although both will need to recover from the crash they suffered on Saturday (6am)

DIVING
· Jack Laugher bids to retain his men's 3m synchro diving title alongside new partner Daniel Goodfellow (7am)

EQUESTRIAN
· Charlotte Dujardin will look to add to her already legendary status with a third successive Olympic individual dressage title (9.30am-1.25pm)

> Today's schedule in full
Todays Game Header Right
Tables

Subscribe to our Newsletter


Transfer Talk Daily
Match previews - twice weekly
Morning Briefing (7am UTC)
Ultra close-up image of Kevin De Bruyne [NOT FOR USE IN ARTICLES]Get the latest transfer news, match previews and news direct to your inbox!