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Glentoran legal procedure adjourned

 

Irish Carling Premiership football club Glentoran has secured an adjournment of legal procedures regarding a HM Revenue and Customs winding-up order.

The club received a winding-up petition last month for outstanding tax payments of as much as £300,000.

However the Board of the Club has worked alongside corporate and financial advisors to resolve the outstanding issues and ensure the future survival of the club.

A statement of the clubs website said: “Our legal representatives have today successfully obtained an adjournment to that legal procedure. This is the first step in a process that will, we trust, lead to a satisfactory outcome for all stakeholders and supporters early in the New Year.”

It is rumored that The Glens have been saved by an anonymous benefactor.

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