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so its not looking good for portsmouth ,obviously no money coming in from whoever the club belongs to, and any way they wont want to pay tax that is no fault of theirs ,they had to sell players to pay wages to players ,not looking good one bit .
beyond contrary belief, HRMC are very reasonable (I don’t work for the HMRC but have dealt with them previously) A pay structure could have been arranged before the season started, however it was declined. Because of this, HMRC want £4M now and the rest over a payment plan….not unreasonable really from HMRC perspective.
Someone has made a lot of money out of Portsmouth….I fear the worst for them.
case adjourned till 2pmgive the legal people a chance to have a nice long lunch !
BBC Quote:
Portsmouth have been given a seven-day stay of execution after getting more time to fight a winding-up petition.The club now has until 1600 GMT on 17 February to file a “statement of financial affairs” proving it will be able to pay its creditors.
Her Majesty’s Revenue and Customs had taken Portsmouth to court over an unpaid tax bill amounting to about £7m.
If Pompey file the statement, the earliest the case could return to the High Court is Friday 19 February.
UnquoteCan’t anyone make a decision these days?
beyond contrary belief, HRMC are very reasonable (I don’t work for the HMRC but have dealt with them previously) A pay structure could have been arranged before the season started, however it was declined. Because of this, HMRC want £4M now and the rest over a payment plan….not unreasonable really from HMRC perspective.Someone has made a lot of money out of Portsmouth….I fear the worst for them.
Maybe Jimmy, but I know at least a dozen suppliers who haven’t made money and are now praying for the administrators to be appointed.
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