Rugby legend Lawrence Dallaglio has been granted additional time to sustain his business amidst action from the tax authorities.
As per the Mail Online, HMRC has made an application to liquidate Lawrence Dallaglio Limited. However, his accountants are seeking an extension to repay the owed money.
A crucial vote by the tax authority and other creditors will decide whether the company can opt for a legally-binding voluntary arrangement, enabling them to repay their debts over an agreed-upon period.
Lawrence Dallaglio is facing a personal back tax debt of £700,000 to HMRC, which has prompted bankruptcy action against the former star. In June, he was given an extension to settle the amount, as he attempted to raise funds by selling a property.
Recently, he filed the accounts for Lawrence Dallaglio Limited, covering the 12 months up to April this year, disclosing that he took loans of £338,263 and £553,947 from the company in 2021 and 2022, respectively.
After partial repayments, he still owes the company £366,510. It's important to note that Dallaglio is the sole director of the company, and the accounts reveal that, after deducting liabilities from assets, the company's capital and reserves amount to just £2.
Alex Dombrandt and Henry Slade among nine England players released by Steve Borthwick
Owen Farrell will captain England in his third Rugby World Cup with Ellis Genge and Courtney Lawes named as vice captains.
The 2023 England World Cup squad is made up of 19 forwards and 14 backs, totals over 1,400 England appearances, with an average age of 27. 17 players have previous Rugby World Cup experience.
Head coach Steve Borthwick has left out a number of big names, including Alex Dombrandt and Henry Slade.
Jamie Blamire (Newcastle Falcons)
Hooker Jamie Blamire has been part of the England set-up at both Under 18 and Under 20 level before his progress to the senior squad.
The Newcastle Falcons front row helped the Under 20 side to a Grand Slam in 2017 and reached the final of the of the World Rugby U20 Championship later that year. Hailing from Cumbria, he played for Tynedale before he joined the Falcons’ academy and made his debut for the club in 2017. He was named Newcastle’s academy player of the year in the 2018. Blamire received his first call-up to England’s senior squad in the summer of 2021.
Jamie Blamire of England during the Summer Nations Series Rugby match between Wales and England at Principality Stadium on August 5, 2023 in Cardiff, Wales. Photo: Phil Mingo/PPAUK
Alex Dombrandt (Harlequins)
England fans will remember Alex Dombrandt from his outstanding performance in the Quilter Cup game against the Barbarians at Twickenham.
Making a first outing for the England XV side, he crossed the whitewash twice in a Man of the Match performance where his powerful ball carrying and deft off-loading skills were on show. Dombrandt made his Test debut against Canada in July 2021. In 2022, Dombrandt scored a try in England's 23-19 win over Wales at Twickenham in the Six Nations. He was included in Steve Borthwick's 36-player squad for the 2023 edition of the tournament.
Alex Dombrandt of England during the Six Nations Match between England and Italy at Twickenham, London on 12 Feb 2023 (Photo: Tom Sandberg/PPAUK)
Jonny Hill (Sale Sharks)
Jonny Hill made his Test debut for England in their delayed Six Nations fixture away to Italy in 2020.
The second row began his career at Luctonians and a chance trial at 17 saw him move to Hartpury College where he began playing in National League Two south. From here he was picked up by Gloucester and his form saw him receive an England Under 20 call-up. In his time with Exeter Chiefs, Hill was included in the squads that reached five straight Premiership finals. He was called up by England for the first time ahead of the 2018 tour to South Africa, and again in October 2020. Hill scored a try in England's 41-18 victory over Italy in the 2021 Six Nations. He joined Sale Sharks ahead of the 2022/23 season, and was included in Steve Borthwick's squad for the 2023 Guinness Six Nations.
Jonny Hill of England during the Match between England and Barbarians at Twickenham Stadium on 19 June 2022. Photo: Phil Mingo/PPAUK
Tom Pearson (London Irish)
Tom Pearson of London Irish during the Gallagher Premiership match between London Irish and Northampton Saints at The Gtech Community Stadium, London on 25 March 2023 (Photo: Danny Loo/PPAUK)
Tom Willis (Bordeaux)
Gallagher Man of the Match, Tom Willis of Wasps during the Gallagher Premiership Rugby Match between Bath Rugby and Wasps at the Recreation Ground on 23 September 2022. Photo: Tom Sandberg/PPAUK
Joe Cokanasiga (Bath Rugby)
A forthright runner, he was the Player of the Match in the 57-14 victory over Italy in March 2019, having moved to Bath from London Irish that season.
He previously appeared for England U18 and in 2017 shared in England’s first U20 Grand Slam in six years. Educated at Bushey Academy, he was initially with Old Merchant Taylors before joining the London Irish Academy and has scored 18 tries in 53 Premiership matches.
Joe Cokanasiga of England on the break during the Summer Nations Series Rugby match between Wales and England at Principality Stadium on August 5, 2023 in Cardiff, Wales. Photo: Phil Mingo/PPAUK
Jonny May (Gloucester)
Jonny well and truly announced himself on the international stage with an extraordinary maiden Test try against New Zealand in November 2014.
His long-range run in the opening minutes illustrated his pace, panache, shimmy, check and go. Injury prevented him from playing in the subsequent Six Nations and touring Australia in June 2016 But he returned after 13 months' absence with a try against South Africa at Twickenham that November. He crossed four times during the 2018 Six Nations, including twice in victory over Wales, and was selected by Eddie Jones for the summer tour to South Africa. Jonny was the standout performer against the Springboks in the three-Test series, finishing the top scorer with three tries, including the match-winning score in Cape Town. That form continued as he was top try scorer in the 2019 Six Nations as he crossed six times, and on the way to the 2019 Rugby World Cup final he crossed twice against Australia in the quarter-final on his 50th cap.
Jonny May of Gloucester Rugby during the Gallagher Premiership Rugby Match between Gloucester Rugby and Harlequins at Kingsholm on 17 February. Photo: Tom Sandberg/PPAUK
Guy Porter (Leicester Tigers)
Guy Porter of England during the England Rugby Training Sessions at The Lensbury Hotel, Teddington, London on 26 Jun 2023 (Photo: George Beck/PPAUK)
Henry Slade (Exeter Chiefs)
Henry made his senior debut against France at Twickenham, before earning a spot in England’s Rugby World Cup 2015 squad, where he featured in their final game against Uruguay - scoring a try.
Further caps followed for the 6ft 2in versatile back: Fiji and Argentina in November 2016, and a Six Nations outing against Italy in February 2017. Henry impressed on tour to Argentina in the summer of 2017, starting both matches, and faced the same opposition in the autumn internationals, claiming his second try against Samoa. In 2018 he was called up again to the summer tour where he started all three matches against South Africa, and again in early 2019, for all of England’s Six Nations fixtures. Henry recovered from injury to make the 2019 Rugby World Cup squad and came off the bench in the final. Recently, Slade was included in Steve Borthwick’s 36-player squad for the 2023 Guinness Six Nations Championship.
Henry Slade of England during the England Rugby Training Sessions at The Lensbury Hotel, Teddington, London on 26 Jun 2023 (Photo: George Beck/PPAUK)
Lawrence Dallaglio asks to be given extra time to enter voluntary arrangement to pay back business debts after HMRC applies to wind up the former England rugby legend's firm trib.al/uuxuDcO