BANGOR City Football Club have avoided a winding up order in relation to a petition issued by the Commissioners for HM Revenue and Customs.
The hearing was scheduled for Wednesday, June 19 at the Royal Courts of Justice following a presentation by the HMRC on May 3, but a club spokesman told The Chronicle that the debt was paid in full last week.
It was been a difficult time for the Citizens, who were relegated from the JD Welsh Premier League despite a second placed finish and securing European qualification, due to a failure to obtain an FAW Domestic Licence.
Debts of £80,000 were revealed by the club in January after their EuroGold Stadium was closed briefly as a result of a failure to pay a water and electric bill, shortly before Stephen Vaughan Jnr returned to the fold behind the scenes as chairman.
A host of senior squad members departed during the January transfer window, with then-boss Gary Taylor-Fletcher forced to play a host of Academy prospects for the remainder of the Huws Gray Alliance campaign.
Much worse was to follow at the close of the season, with Taylor-Fletcher leaving his post and the Football Association of Wales imposing a transfer embargo that prevented them from signing professional players until December 31.
As part of the national governing body’s investigation, they were also deducted 42 points due to playing ineligible players, which would see the former top-flight champions and Welsh Cup winners demoted to the Lock Stock Welsh Alliance if their appeal is rejected.
Vaughan Jnr is making plans for next season and appointed Max Leghissa as their director of football, in addition to signing a host of foreign faces with previous experience across the continent.
A petition to wind up the club was also rejected last August relating to another debt.
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