TIME is running out for the financially troubled Wakefield Wildcats who are in trouble with the tax man again.
The club has been issued with its third winding up order from Her Majesty’s Revenue and Customs (HMRC) in the past 12 months.
And their case will be heard at London’s High Court on Wednesday.
But the club they are close to striking a deal which could save the cash strapped club.
In a statement, club officials said: “The club owes National Insurance and VAT from recent months and these figures have been included in a petition which will be heard at the High Court on February 2.
“We have been in dialogue with HMRC for a number of weeks and are disappointed that this petition has been served as we were hopeful of reaching a payment plan with them.”
The club has been desperately trying to raise £500,000 by Monday, through the sale of shares, to save it from financial ruin.
Yesterday its chairman Ted Richardson said £31,000 had been raised through the share scheme so far, but he said the club was ‘in talks with interested parties to take the club forward.’
The Express understands the club has been approached by four potential buyers.
Earlier this month Mr Richardson said the government call in of the planning application for the £19m Newmarket Stadium, which will now be the subject of a public inquiry, was to blame for the club’s financial problems, because it had been expecting to get £350,000 from developers Yorkcourt Properties Ltd once planning permission was granted.