National League North strugglers Nuneaton Borough have managed to avoid a winding up petition after successfully paying a tax bill.
HM Revenue and Customs (HMRC) originally brought the action over a bill of £32,000, however the High Court has adjourned until 1 May after the club paid the money following a donation from a local businessman.
“It gives us a chance to get to the end of the season and organise everything else,” interim owner Jimmy Ginnelly told BBC Coventry and Warwickshire.
“We’ve amassed enough money to pay off quite a few of the debts, the HMRC was the main one.”
“We’re trying our hardest to pay everyone but we’ve not been able to pay because the bank has put this validation order on us,” Ginnelly added.
“There’s a very positive group of businessmen who are wanting to help and try and create this new thing down at Nuneaton Borough, there’s 10 or 15 of us now who are all lumping together.”