Leyton Orient Fans’ Trust believe Leyton Orient owe various creditors
PUBLISHED: 15:45 08 March 2017
Simon O'Connor Photography
The supporters group will hold open meeting on Monday (March 13) at Walthamstow Assembly Hall
Leyton Orient Fans’ Trust believe the O’s have a significant level of unpaid bills to various creditors in addition to what is owed to HM Revenue and Customs.
The League Two club were served a winding-up petition last Wednesday over an unpaid tax bill.
Orient will appear in the High Court on March 20 and LOFT have arranged another meeting on Monday (March 13) to discuss the ongoing situation.
A LOFT statement read: “A number of people have noticed that the Companies House website record for Leyton Orient FC was recently changed and a confirmation statement posted.
“This however is not related to the winding-up petition – a confirmation statement is a routine company filing, formerly called an annual return, which details company information such as company directors, share capital and so on.
“HMRC cannot by law comment publicly on the tax affairs of individuals or companies, so it is impossible to gain verifiable evidence about the status of the debt owed to them.
“LOFT has been carrying out its own investigations, but is unable to confirm the status of the debt; the situation is a complex and evolving one, and it may be that the true picture will not emerge until the court hearing on 20 March.
“In the meantime, we have been liaising urgently with creditors other than HMRC to ascertain as accurately as we can the underlying debt situation at Leyton Orient.
“While we cannot put a figure on it, it is apparent that there is a significant level of unpaid bills to various creditors, apart from what is owed to HMRC.
“Leyton Orient fans should therefore be under no illusions; the football club is in a perilous financial situation due to the actions of its owner in not paying its bills.
“These actions are directly affecting the livelihoods of suppliers and employees of the club, not to mention causing an unbelievable amount of stress and worry to anyone who holds the club dear to their heart.”
LOFT’s open meeting will take place at 7.30pm on March 13 at the Walthamstow Assembly Hall, Town Hall, Forest Road, London E17 4JF.