Southend United avoid administration

Ron Martin has confirmed that Southend United have avoided administration Ron Martin has confirmed that Southend United have avoided 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."

Comments (8)

6:49pm Sat 7 Nov 09

SARFENDMAN says...

Come on Ron, talk to the good Southend United fans who support the club through thick and thin and tell them how things are. I'm sure their relieved that this crisis has been averted but they deserve a bit more than "statements". If you can't talk to them, then appoint a decent spokesperson who can deal with the media. Many of these fans cough up in excess of £20 each time they go to Roots Hall and some have been going for years. Dont treat them with contempt.
Come on Ron, talk to the good Southend United fans who support the club through thick and thin and tell them how things are. I'm sure their relieved that this crisis has been averted but they deserve a bit more than "statements". If you can't talk to them, then appoint a decent spokesperson who can deal with the media. Many of these fans cough up in excess of £20 each time they go to Roots Hall and some have been going for years. Dont treat them with contempt. SARFENDMAN

8:45pm Sat 7 Nov 09

trueessexboy says...

Good on Ron Martin you did us proud.
As we play in the blue and we play in the red.......but at least we are still in the black hopefully we can get some more players in and start moving up the table and go for the promotion.
Good on Ron Martin you did us proud. As we play in the blue and we play in the red.......but at least we are still in the black hopefully we can get some more players in and start moving up the table and go for the promotion. trueessexboy

9:10pm Sat 7 Nov 09

tone1976 says...

i think until monday court case to know whether it is all cleared up. It says that the money is with the solicitors of the HMRC today well correct me if i`m wrong but the deadline was friday.

I would still have cause for concern until after monday.
i think until monday court case to know whether it is all cleared up. It says that the money is with the solicitors of the HMRC today well correct me if i`m wrong but the deadline was friday. I would still have cause for concern until after monday. tone1976

8:30am Sun 8 Nov 09

tophatdt says...

If one of Martin's other companies has paid the tax bill, is it a "gift" or is it a loan? In which case Southend United are still in debt surely? Come on, let's hear all the facts on this, Mr Martin.
If one of Martin's other companies has paid the tax bill, is it a "gift" or is it a loan? In which case Southend United are still in debt surely? Come on, let's hear all the facts on this, Mr Martin. tophatdt

11:28am Sun 8 Nov 09

woodsman says...

Excellent news that it has been paid, but lets get final confirmation from HMRC, and also lets have a detailed statement about how it was done, is it a loan, or is it a gift? It could well mean that it it is still a debt for the club but to someone else! What about players will we now sign some!! We are desperate for reinforcements, come on Ron Marin stop treating us with contempt tell us the real facts what has happened what will happen etc etc
Excellent news that it has been paid, but lets get final confirmation from HMRC, and also lets have a detailed statement about how it was done, is it a loan, or is it a gift? It could well mean that it it is still a debt for the club but to someone else! What about players will we now sign some!! We are desperate for reinforcements, come on Ron Marin stop treating us with contempt tell us the real facts what has happened what will happen etc etc woodsman

1:40pm Sun 8 Nov 09

must comment says...

I don’t know Ron Martin personally however I feel compelled to comment after all of the negative comments I have seen here about him over the last few years on this website.

If it wasn't for Ron Martin this club would be nowhere. He saves the club from administration and still people want to have a pop at him. I cant believe it.

Even for the wealthy, 2.1 million in liquid funds is a lot of money to find especially in a recession.

Who would want to run and own a football club when the typical fan not only isn’t intelligent enough to appreciate the great effort and financial resources put into running the team but then post negative comments about him.

It isn't the fans right to expect the owner of the club to constantly support the club out of his own pocket, however he does. Lets give him and the club the support he deserves.

I don’t know Ron Martin personally however I feel compelled to comment after all of the negative comments I have seen here about him over the last few years on this website. If it wasn't for Ron Martin this club would be nowhere. He saves the club from administration and still people want to have a pop at him. I cant believe it. Even for the wealthy, 2.1 million in liquid funds is a lot of money to find especially in a recession. Who would want to run and own a football club when the typical fan not only isn’t intelligent enough to appreciate the great effort and financial resources put into running the team but then post negative comments about him. It isn't the fans right to expect the owner of the club to constantly support the club out of his own pocket, however he does. Lets give him and the club the support he deserves. must comment

5:47pm Sun 8 Nov 09

BASILBRUSH says...

Good news for now. But without a decent squad, the futures not too rosey just yet.
Some good games coming up in December. Hopefully we can see some good gates too.
I hope there are more funds available in the future.
Good news for now. But without a decent squad, the futures not too rosey just yet. Some good games coming up in December. Hopefully we can see some good gates too. I hope there are more funds available in the future. BASILBRUSH

5:56pm Sun 8 Nov 09

Barnet Shrimper says...

Good news at last, and now we need to know how did this unpaid £2.1m happen and who was responsible?
Where did this £2.1m come from this week ?
What will the Board now do to see this does not happen again ? and what proposals and funds have they to improve the playing performance of the Blues this year ?
News of the move from Roots Hall will also be helpful.
Hopefully, the recent club's bidders will reveal themselves ,and what proposals they offer for the future success and security the club.
Good news at last, and now we need to know how did this unpaid £2.1m happen and who was responsible? Where did this £2.1m come from this week ? What will the Board now do to see this does not happen again ? and what proposals and funds have they to improve the playing performance of the Blues this year ? News of the move from Roots Hall will also be helpful. Hopefully, the recent club's bidders will reveal themselves ,and what proposals they offer for the future success and security the club. Barnet Shrimper

Comments are closed on this article.

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