Southend United are unlikely to be able to pay off their £500,000 debt to HMRC and are due in court again in Wednesday: https://www.echo-news.co.uk/sport/18820393.southend-united-chairman-ron-martin-clubs-debt-hmrc/?ref=twtrec
Owner Ron Martin put the debt down to being ambitious and investing, but the investment clearly has not paid off given Southend's current league position.
It is argued to be the most worrying and depressing time in the club's 114-year history. The club has been papering over the cracks for too long with short-term solutions to long-term problems: https://www.echo-news.co.uk/sport/18821344.final-say-southend-united-fighting-future-off-pitch/
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