Notts County: Up-for-sale club has winding-up petition over tax bill adjourned

General view from inside Meadow Lane
Notts County were relegated from the EFL for the first time in their history in May

Notts County, the world's oldest professional football club, have had a winding-up petition against them adjourned for a third time.

Notts, relegated from the Football League last season having been a founding member 130 years earlier, owe HM Revenue & Customs about £800,000.

The up-for-sale club will next appear in court on Wednesday, 31 July.

Owner Alan Hardy has said he "will be exchanging contracts with the new owners in the coming days".

Potential buyers have three weeks to settle the club's tax debt, with the club otherwise facing administration or liquidation.

It is the third time in four months that Hardy, who has endured recent financial troubles and seen one of his companies go into administration, has been given extra time to complete arrangements to sell the 157-year-old club.

Hardy had last week said he was "extremely confident" that a takeover of the National League club, who are yet to pay staff and player wages for June, would be completed before their latest High Court hearing.

The Professional Footballers' Association have also got involved over the delay in salary payments.

In a statement on the club website following the hearing, Hardy said: "I would like to thank all our supporters for their continued patience. I will provide a further update in due course."

Colin Slater, a former BBC correspondent who has followed Notts County for 60 years, has previously said the club is in a "sad state of affairs".

"It is the biggest crisis I've known at Notts County," he told BBC Radio Nottingham.