The world's oldest professional football club, Notts County has been given a three-week extension to the winding-up petition at the High Court today.
The club, relegated from the Football League, owe HMRC £800,000. Buyers have three weeks to settle the debt, otherwise, the club faces administration or liquidation.
The court was told the sale and purchase agreement drafted for takeover of club by a Danish consortium have approved them as “fit & proper” directors.
In a statement, owner and chairman Alan Hardy said:
Notts County supporter Simon Redgate was at the High Court hearing.
Notts County were relegated in May, in the first time in their 157-year history.