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Page last updated at 18:06 GMT, Friday, 14 May 2010 19:06 UK

Preston given winding up petition

Preston North End

Championship side Preston have been served with a winding up petition by Her Majesty's Revenue and Customs.

A statement from the Deepdale club said it had received the petition following the failure to pay certain liabilities.

The company's ordinary shares will be suspended from trading from 17 May pending financial clarification.

On Thursday, North End borrowed a further £550,000 from leisure tycoon Trevor Hemmings to "meet the cost of players' wages due this month".

The cash injection took Hemmings's investment in the Deepdale club to £13.82m including interest.

The Lancashire club, who were one of the 12 founding members of the Football League, are considering their available options and will make a further announcement soon.

They finished the season in 17th place under manager Darren Ferguson, the son of Manchester United boss Sir Alex.

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