Leyton Orient’s owner Francesco Becchetti has been given until June 12th by the High Court to settle all outstanding debts or sell the club. The money owed to the Inland Revenue, thought to be around £250,000, which was the subject of today’s hearing has been paid, but there are four other creditors.
Becchetti was not at the hearing, but his representatives said that he would inject £1m into the club to settle all outstanding debts, which include £6,000 owed to the club’s photographer.
Leyton Orient’s owner Francesco Becchetti has been given until June 12th by the High Court to settle all outstanding debts or sell the club. The money owed to the Inland Revenue, thought to be around £250,000, which was the subject of today’s hearing has been paid, but there are four other creditors.
Becchetti was not at the hearing, but his representatives said that he would inject £1m into the club to settle all outstanding debts, which include £6,000 owed to the club’s photographer.
Orient fans packed the courtroom and others waited outside as the fate of the club hung in the balance.