High Court strikes out order to have Cork City wound up

The High Court has formally struck out an order for the winding up of the holding company of Cork City Football Club after being informed that the outstanding debt to Revenue has been fully paid.

Today Mr Justice Garrett Sheehan agreed to strike out the order to have Cork City Investment FC wound up after being informed by Dermot Cahill BL for the Revenue Commissioners that the outstanding debt of €439,000 had been "fully discharged."