Southend United have confirmed their tax bill of close to 2 million pounds has now been settled.
The Shrimpers were due back in the high court on Wednesday due to a winding-up petition issued by the HMRC but a club statement has revealed the outstanding money has now been paid.
The statement said:
"Ahead of the HMRC hearing on March 1, the club can confirm the monies owed to HMRC, under the petition, have been paid in full.
The statement added:
"Funds as working capital have also been injected to help Southend United over the coming months.
Whilst this news is very welcoming this continuous ongoing financial instability and years of uncertainty will not fill supporters with much confidence going forward and no doubt the Ron Martin Out campaign will still be as loud as ever.
Great news for the supporters and community but many will wait with bated breath as to when this charade happens all over again.
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