Coleman reaction to winding up petition
Last updated : 19 April 2006 By Deano
The club has warned that unless the voluntary agreement can be met to secure long term status then they will be forced to cease trading and plunge into liquidation.
The Inland Revenue have issued a winding up order for the sum of £571, 363 which takes effect from last month and hits the new owners hard, with the hearing to be held on May 10th Coleman explained to the official site: "As supporters will be aware we did not have time to complete the due dilegence before we took over the running of the club. Despite an incredible effort, fantastic support and substantial investment we have to inform the fans that in order the club survives and plays league football next season we have to now implement a voluntary agreement with it's creditors to avoid liquidation which has been threatened by the Inland Revenue.
"The new board and it's advisors have been working around the clock for the last few weeks but further to our investigations into the financial position of the club and the petition issued by the Revenue, the club has no alternative but to make this proposal to it's creditors.
"If the proposal isn't accepted then the club will go out of existence. To ensure that the club fulfills it's fixtures and survives through to the start of next season the Millers still require all supporters to maintain their remarkable level of support.
"Further, I would like to take this opportunity to thank all supporters for their efforts to date and hope that together we can ensure the club is still playing league football next season" concluded Denis.