Reading: Hamilton Academical Football Club say HMRC petition will be formally withdrawn

Hamilton Academical Football Club say HMRC petition will be formally withdrawn

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say a winding-up petition lodged by over a legacy debt will now be formally withdrawn, removing a major threat hanging over the club’s finances and giving it room to press ahead with its plans for the future.

The decision matters because Hamilton have spent much of the past 18 months fighting on several fronts at once. They have dealt with points deductions, relegation from the Championship, unpaid wages concerns and fears over insolvency, while trying to keep the team together and the club functioning on the pitch.

The club said the HMRC move relates to a liability that arose under previous ownership, and that it had expected the petition to be withdrawn after providing proof of imminent incoming funds and proposing a repayment plan. That is the latest turn in a dispute that has weighed on Hamilton since the debt first became public.

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, whose bought Hamilton from in January, said he was delighted that what had been the club’s last major hurdle had finally been overcome. He said the development would let the club focus on the future, with return to on the horizon, season tickets now on sale and work already under way on building a competitive squad for next season.

There is still a gap in the story that matters. Hamilton say the petition is being withdrawn, but they have not said exactly when HMRC will formally complete that step. For a club that has had to battle through unpaid wages, a strike threat from players earlier this season and a scramble to avoid insolvency, the timing is more than administrative detail.

Hamilton’s wider record this season shows why the withdrawal lands as such a significant moment. They finished second bottom after deductions totalling 21 points, then survived by beating in the League 1 play-off final, all while playing at in Cumbernauld this term. The next test is whether the off-field rescue now becomes a stable platform when the club returns to New Douglas Park next season.

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