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Southend United avoid administration
SOUTHEND United have avoided the threat of administration after paying off their debt of £2.1million to HM Revenue and Customs.
A statement on the club website confirmed the Shrimpers would not be losing 10 points.
"The club's chairman Ron Martin has today confirmed that one of his group companies has now paid, in full, the tax due to HMRC in the sum of 2.1million, thereby removing the threat of administration," read the statement.
"The funds were being held by the revenue's solicitors and, at lunchtime today, they have been released.
"A further, more detailed statement will be made next week."
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