Notts County have been issued with a winding-up petition by HM Revenue & Customs but say they expect the case to be quickly resolved.
The petition concerns pay-as-you-earn (PAYE) tax which was dueto be paid on December 19 but County are set to argue that their finances are up to date in court on Monday.
The club claim that chairman Ray Trew was informed of the case on Friday evening without any further details or forewarning.
"The club can state, unequivocally, that the business is completely up to date with all VAT and PAYE monies and that this action is regarded by the Board as both disruptive and damaging," a statement reads.
"Unfortunately, we had no option other than to instruct legal counsel to represent us, but we fully expect this issue to be resolved in our favour once the judge has before him all the facts.
"Once this has happened, the Board will be seeking legal advice regarding taking action against HMRC and the officer personally responsible for this and will seek to recover all costs associated with defending the action plus punitive damages for the harm suffered by the Football Club."