It's reported this evening that Margate football club has confirmed HM Revenue & Customs is calling for the club to be liquidated over missed payments.
A statement issued by the club on Wednesday evening said: “We can now confirm that the petition requested by HM Revenue and Customs for the winding up of Margate Football Club Limited is in relation to late payment of PAYE contributions.
“Despite all amounts due being paid in full, the Revenue wish for the club to be liquidated as payment was not received on time.
“All monthly payments due under the CVA have been made in full and as per the agreement.
“Our development partner has been informed of the above and intends to instruct lawyers to defend our position. He remains fully on board with the club.
“Our chairman met with officers and members of Thanet District Council this morning to keep them abreast of the situation.
“The club have also contacted the Ryman League to explain the position and they have offered their support and assistance, they have also offered to contact the FA on our behalf.”
Two club directors will attend the AGM of the Margate independent supporters club on Thursday evening to address fans’ concerns.