Accrington Stanley have been issue with a winding up order by HM Revenue and Customs over unpaid debts, but remain hopeful they will survive. They face a High Court hearing on 10 June, but shareholder Ilyas Khan has pledged to stump up £250,000. He owns 15 per cent of the club, but has said that he does not want a seat on the board. However, he has expressed concerns about what other debts the club might have club given that things have to be serious before the Revenue takes action.
Accrington Stanley have been issue with a winding up order by HM Revenue and Customs over unpaid debts, but remain hopeful they will survive. They face a High Court hearing on 10 June, but shareholder Ilyas Khan has pledged to stump up £250,000. He owns 15 per cent of the club, but has said that he does not want a seat on the board. However, he has expressed concerns about what other debts the club might have club given that things have to be serious before the Revenue takes action. Stanley resigned from the Football League owing around £60,000, returning 44 years later after reforming and climbing up the non-league pyramid to win promotion in 2006. Their main sponsor Fraser Eagle collapsed halfway through the season owing well over £100,000 to the club. Stanley also failed to get dispensation from the Football League to postpone having to install an extra 1,000 seats at a cost of £60,000. The club has the worst facilities in the league. However, they are not tested too much as the club’s average attendance has dropped from 2,260 in their first season back in league football to just 1,414 for the season just ended, the lowest of all 92 clubs.