Text at top (next game etc)

Next Game: Boston At Edgar Street On Saturday April 20th Kick-Off 3.00pm

Sunday, June 19, 2005

Financial problems at Cambridge

Cambridge United are under severe financial problems following a dispute between the football authorities and the Inland Revenue.

The club has released a statement detailing the problem.

In essence, according to BBC Sport, talks broke down over the debt-hit club's plans to pay back creditors.

HM Customs are not happy with their share of repayments - and United will need to find emergency funding if a deal is not struck by Wednesday.

United are in administration and will not be allowed to join the Conference if they do not reach an agreement with their football creditors.