SOUTHEND United chairman Ron Martin says he remains committed to delivering the bridging finance needed for Blues to stay afloat.

The Shrimpers have until the start of March to pay off a large debt to HMRC.

And, a week after the club were back in the High Court for a winding up petition, Martin has released a statement to address the future of the football club.

But he admitted he could not ‘outline precise timings’ moving forward.

He wrote: “As has been widely reported, last week the judge adjourned the hearing with HMRC to 1 March.

“I know that fans are anxious about the club’s finances, and some are worried about the club’s very survival.

“I understand those concerns and remain committed to delivering the bridging finance which will fill the ‘funding gap’, caused by successive relegations and loss of income during the pandemic.

“The money owed to HMRC is a legacy debt accrued during the period of the pandemic.

“Those bridging funds will, in part, be applied against the HMRC debt with a view to withdrawing the petition.

“This has been a difficult period, but as we continue to work hard to move through it, I would like to recognise the fact our staff and supporters have been first class and have contributed to the success on the pitch.

“We are fighting for a play-off position and we are through to the last 16 of the FA Trophy.

"The management and players are doing a fantastic job.

“Whilst I am not currently able to outline precise timings, I am conscious of the fans’ concerns and will look to provide a further update as soon as is practical.

“With your continued support I believe we can have a great second half of the season.