Falkirk Football Club has admitted it was 'surprised' to read reports that it had been issued with a winding order from Her Majesty’s Revenue and Customs, which has now been rescinded.
The Irn Bru Scottish League First Division side had agreed an arrangement with HMRC to pay of its debts but was tghen told to pay the full amount. But after contacting HMRC the issue has been resolved with the winding up order rescinded.
A statement on the club’s official site read: "Falkirk FC was surprised and shocked to read in the press that HMRC had issued a winding up order on the club. No formal notification of this action has been received.
"We can confirm that all vat payments are up to date and that we have reached agreement with HMRC that any remaining outstanding PAYE payments will be paid in a mutually agreed timescale.
"Accordingly the winding up order will be fully rescinded. The club would like to issue a reassurance to all of our supporters and business partners that the club remains in a strong financial position with no bank debt."
The club cited postponements due to the bad weather conditions as having a negative effect on cash flow. Last month Queen of the South revealed that they may have to go part time having not played a home game since November had significantly reduced their income.