Wycombe Wanderers pay tax bill to dismiss winding-up threat
Wycombe Wanderers have seen off a winding-up petition by paying money owed to Revenue & Customs.
The Chairboys were represented in the High Court on Monday where a petition brought against them by HMRC in March was dismissed.
The club paid the six-figure tax bill before the hearing.
"The High Court hearing was a formality and we would like to thank HMRC for their cooperation," said joint chairman Don Woodward.
"A lot of work has gone on behind the scenes to ensure the club can progress and we are confident that plans are in place to make this happen."
Supporters group the Wycombe Wanderers Trust acquired the 125-year-old club from former owner Steve Hayes in June.
Meanwhile, striker Dean Morgan, 29, has signed a new one-year deal to take him through next season.
Morgan, who scored nine goals in 35 appearances this term, told the club website: "I think next year will be a special year."