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Ben Hayes - Charlton Athletic programme

Royalists get reprieve

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Submitted by WG on Mon, 15/11/2010 - 19:03

Windsor & Eton have been given 28 days' breathing space in the High Court over the £50,000 they owe the tax authorities.  However, they are expected to go into administration very soon.  The relevant rules state that they must either pay creditors in full or have entered a Company Voluntary Arrangement to pay them off in full in three years.


The club plan to install a 3G pitch in the summer to increase future revenue streams, although this will require the permission of the Crown who own Stag Meadow.   This would prevent any further movement up the non-league pyramid, but their current aim is survival.


Hopes of selling prolific striker Michael Chennells to Brentford to raise funds appear to have faded.