A 28-day adjournment was granted at a hearing in London by Mr Registrar Jaques. The court heard from a lawyer representing the club that it was on the "verge" of a takeover deal with a consortium of local businessmen.
The proceedings related to a winding-up petition over an unpaid PAYE bill of £600,000. But the registrar heard that the club now owes HM Revenue and Customs (HMRC) £1.4 million.
Source: PA
