Macclesfield Town: Owner Amar Alkadhi accepts bids 'in principle' for League Two club

Macclesfield are currently 22nd in League Two and five points off the relegation places
Macclesfield are currently 22nd in League Two and five points off the relegation places

Macclesfield Town owner Amar Alkadhi says that bids for the financially-beleaguered club have now been "accepted in principle".

Earlier on Wednesday, the club saw a winding-up petition over an unpaid tax bill adjourned for the 10th time.

A lawyer representing the Silkmen told the court the club intends to sell shares and had accepted an offer.

HM Revenue & Customs' petition, which was backed by ex-boss Sol Campbell, will now be reconsidered on 25 March.

Judge Mark Mullen agreed an HMRC request to adjourn the case in order to give the club time to settle debts.

In a statement following their court appearance, Alkadhi said bids for the club had now been accepted in principle, which comes after he said in December he was in "advanced negotiations with various third parties" over a possible takeover of the club.

"Legally, I cannot divulge any further information on these as they are subject to non-disclosure agreements which I have to respect," the statement said.

"Suffice to say that every effort is being made to conclude this process in a timely manner and that I will work tirelessly with everyone concerned until the sale is complete."

At an earlier hearing the court was told that Macclesfield owed a "very large" amount of tax, and over £180,000 to Campbell, who is now manager of Southend United.

But the case was put back last month after Macclesfield claimed they had already paid what was owed in order to allow time for the money to clear.

A tumultuous time off the field has already seen The Silkmen deducted six points by the English Football League, with a further four points suspended, over non-payment of wages and failing to fulfil a League Two fixture against Crewe.

Their match against Plymouth was later postponed after the club were handed a "zero capacity notice" for their Moss Rose home by the local Safety Advisory Group.

Macclesfield, who are currently without a permanent manager after boss Daryl McMahon resigned and just five points above the relegation zone, have said they will appeal against their points deduction.