Preston mulling finance options

Published : 15 May 2010 16:44:59

Preston North End are investigating ways of continuing after the football club was issued with a winding-up petition by the Inland Revenue.The club was 20 days overdue with its April tax and national insurance liabilities and could be forced to dissolve. The club borrowed £550,000 to pay players' wages and will have its shares suspended on Monday. Finance director Kevin Abbott said the board was "looking at options". 'Onwards and upwards' He said: "The board of the club face a challenging.... read more