A winding-up petition served to Port Vale by HMRC over an unpaid tax bill will not affect the football club.
According to the BBC, Norman Smurthwaite, chairman of the League One club, told the BBC that HMRC has taken the action against PVFC Limited, the club's holding company.
The footballing operations are run by a different company, PVFC.
Smurthwaite said a funding error has caused the problem and is expecting the order to be withdrawn.
Vale is due to appear in court in London on 18 August.
The club previously faced a winding-up petition in February 2012, before going into administration the following month, the BBC reported.
The club was in administration for eight...