Leyton Orient: O’s survive winding-up order

By Brian Jeeves in Football

By Brian Jeeves

SKY BET League Two outfit, Leyton Orient, have survived a winding-up hearing at the High Court after it was announced that a tax bill thought to be in the region of £250,000 was paid in full.

However, Orient’s future still seems uncertain, with the owner, Francesco Becchetti, given until June 12 to pay off a series of other debts or sell the club.

Four other creditors are believed to be owed money by the ailing east Londoners, while the club photographer is said to be owed £6,000.

At the turn of the year, Becchetti announced that he would be willing to consider selling Orient, which he purchased from Barry Herne in 2014.

The O’s latest set of accounts, from the year ending June 30 - 2015, showed the club had debts of £5,512,449 - slightly more than the club’s assets of £5.500.000.

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