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

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

However, Orient's future still seems uncertain, with the owner, Francesco Becchetti, given until June 12 to pay off a series of other debts or sell the club.

Italian waste management and media magnate Becchetti bought it when he took over the east London club in 2014 when they were on the cusp of the Championship.

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.

Chief Executive, Alessandro Angelieri, gave a statement which said Becchetti would invest £1m to pay off remaining debts over the next eight to ten weeks.

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It was announced at the High Court this morning that Orient settled their HMRC bill over unpaid taxes, thought to be around £250,000, in full but that the club have four other creditors.

Outside court, fans said they would like to see Orient under new ownership.

A lawyer representing Orient said £1 million was due to be injected into the London club soon.

The owner has been given until June 12 to clear all the debts.

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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.

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".

Kelly Kaye, 39, who works for a charity and has been a fan for 32 years, said: "It would be good if the club could be sold".

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