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Page last updated at 11:53 GMT, Thursday, 15 July 2010 12:53 UK

Southend United confirm debts are paid

Southend United

Southend United have reiterated that they have paid money owed to Her Majesty's Revenue and Customs and Charterhouse Commercial Finance.

The club face winding-up and administration hearings over the debts, which totalled just under £400,000.

A statement on their website says: "Funds had been deposited for payment of the Revenue debt and also for the amount due to Charterhouse."

The club face an administration hearing in the High Court on 2 August.

A winding-up petition from Charterhouse has been adjourned until 11 August.

Southend had owed £238,710 to HMRC and £140,000 to Charterhouse Commercial Finance, but the HMRC still believe the club should be placed into administration due to its 'habitual defaulting'.

The club has recently released several of its higher paid players in a bid to balance the books, but now has only nine registered players available to play in the Football League.

The Blues are currently under a transfer embargo but the Professional Footballers Association has told BBC Essex that if the club can produce evidence to the Football League that they are dealing with their financial problems, they could be given special dispensation to register players.

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