Salford Red Devils have been handed a major boost with their winding-up order from HMRC delayed amid hopes for new funds.
Today, 25th June, was the deadline for a winding-up order from HMRC (His Majesty’s Revenue and Customs) with the Red Devils reportedly owing over £500,000.
It’s now been confirmed that Salford have had that HMRC deadline adjourned and pushed back until September amid hopes that the club will secure a bridging loan.
A bridging loan is a short-term loan that is intended to ‘bridge gaps’ with a high-value asset typically put up against it as insurance. For Salford, it’s unclear what that would be given the fact the Red Devils’ new owners failed in their bid to negotiate a stadium deal.
Moreover, all promises of money being around the corner have fallen short, however, HMRC must be confident enough that money is in the pipeline for them to adjourn the winding-up order.
Salford Red Devils stave of HMRC
News of that adjournment and Salford’s hopes of securing that bridging loan were reported by BBC Sport Manchester, who took to social media to provide an update.
They explained: “Salford Red Devils winding up hearing has been adjourned to September.
“The club are confident a bridging loan lands in the coming days to pay HMRC and wages.”
Salford Red Devils players and staff are typically paid on the last Thursday of the month, which comes tomorrow, but it’s currently unclear if those wages will be paid as normal or not.
It’s worth noting that Salford aren’t obligated to pay until the end of the month, however, the final Thursday has typically been the designated payday.
They’ve failed to meet that on numerous occasions so far this season with the club’s financial issues ongoing throughout the 2025 campaign.
Salford Red Devils winding up hearing has been adjourned to September.
The club are confident a bridging loan lands in the coming days to pay HMRC and wages.
📱 Salford latest: https://t.co/65NfDmDaBg#SalfordRedDevils #BBCRL pic.twitter.com/rJFAYW76ok
— BBC Sport Manchester (@BBCRMsport) June 25, 2025
Anonymous
June 27, 2025 at 9:21 am
Seeing is believing!