Macclesfield Town winding-up petition adjourned till March

A judge has adjourned a bid to wind up League Two football club Macclesfield Town.

Judge Mark Mullen considered the case at a hearing in the specialist Insolvency and Companies Court in London on Wednesday.

He said it would be reconsidered on March 25.

A lawyer for the club said that they intended to sell shares and had accepted an offer for them.

A statement posted by Club ChairmanAmar AlKadhi said that a bid to buy Macclesfield had been accepted "in principle".

Sol Campbell is the former manager of Macclesfield Town. Credit: PA

Tax officials have asked for the club, who are third from bottom of League Two - football's fourth tier - to be wound up because debts have not been paid.

Former manager Sol Campbell has supported that application.

Campbell managed Macclesfield between November 2018 and August 2019, and subsequently took over at Southend United.

Judges have been told that Macclesfield bosses owe a "very large" amount of tax and owe Campbell more than £180,000.

A lawyer representing HM Revenue and Customs asked Judge Mullen on Wednesday to adjourn the case to give Macclesfield bosses time to settle debts.