Salford Red Devils secure two-week adjournment to winding-up petition

SALFORD RED DEVILS have been granted a two-week adjournment to the winding-up petition brought by HMRC, in order for the club to secure the necessary funds.

It is the third time that the Red Devils have been able to secure an adjournment, with the first coming in June and the second coming back in September.

On the first occasion, the club convinced the court that a bridging loan would soon arrive to clear their tax debts.

Salford now have further time to get their finances in order, but they still owe HMRC £700,000 whilst debts are reportedly in the region of £5 million.

The current club ownership claim they inherited more than £3m of debt when they took over back in February of this year, but their promise to wipe the debt has not materailised.

Following the latest adjournment, the club has stated: “We would like to reassure supporters that we are working tirelessly behind the scenes to ensure a positive resolution.

“Further updates will be shared as soon as possible.”