Npower League One side Plymouth Argyle has been issued with a winding-up petition and summoned to court over an unpaid tax bill.
The club received the winding-up petition from HM Revenue & Customs on 23 October and has been summoned to appear at the Royal Courts of Justice on 8 December.
It’s the third winding up order for the club and reportedly relates to tax bills over unpaid transfer fees. If the bills are not settled the club could face a transfer ban until January.
The news will also affect planned redevelopments at Home Park. The club wants to create a 46 000 seater stadium as part of England’s World Cup bid, where Plymouth is one of the host cities.
In an official statement the club said: "The board and principal shareholders are addressing the issue and in addition, are in discussions with potential future investors."