Leyton Orient stave off winding up order after £1m pledge by owner

Doug Mendoza
March 21, 2017

But he has overseen a disastrous reign since, as Orient tumbled to the very bottom of the entire Football League, where they now lie seven points from safety.

The struggling League Two club reportedly had a £250k tax bill but on Monday morning the High Court heard that the bill had been settled.

But SunSport's exclusive pictures show he is still in the country, amid rumours he had left for his homeland after refusing to attend games since before Christmas.

Waltham Forest Council are understood to be owed £36,000 while the club photographer is owed £6,000.

He said the club's owner, Italian businessman Francesco Becchetti, planned to inject £1 million into its coffers in the near future.

A £1m pledge from the owner of Leyton Orient FC has saved the club from a winding-up order, but fans believe the club is still in "mortal danger".

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The court was told there are also four other creditors, with the barrister of owner Francesco Becchetti saying their client would put £1m into the club within 8-10 weeks to clear all debts.

Orient owner Francesco Becchetti, who bought the club in 2014, announced in January he would consider offers.

A bid to wind up Leyton Orient has been adjourned but the League Two club remain in "mortal danger", according to the legal adviser to their fans' trust.

"Other people owed money may see this and want to attach themselves to the new petition - I would not be surprised if we owe a lot more debt than just this £60,000".

"In respect of a potential sale, we would call upon Mr Becchetti now to look to sell the club at the earliest possible opportunity and make good on the promise that he's made".

Other reports by GizPress

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