Waterford To Be Wound Up?
Heard from a reliable source tonight that Waterford United could be wound up in the courts some time later this week for failure to pay monies owed to Stephen Henderson. He won a breach of contract and defamation case against them last year and since then Waterford have failed to pay what the court judged he was owed.
His solicitors have apparently been trying to contact the club and their solicitors for the last six or seven months to work out a payment plan etc but nobody has been willing to even return phone calls or letters, never mind start paying him. Instead, they have just ignored the court order so further legal action seems to be the only choice left.
They also owe Gary Dunphy 12k from his case against them a few weeks back and on top of that another former member of their management team has a case coming up against them next week.
Doesn't look good for them unfortunately. Any Waterford fans able to shed any more light on this?