Pompey issued winding-up order

Tue, 24 Jan 19:35:03 2012

Portsmouth have been issued with a winding-up petition by HM Revenue and Customs.

HMRC sources have confirmed to Press Association Sport that the petition over an unpaid tax bill, which the club's administrator says is £1.6million, has been sent to the troubled npower Championship club.

"Ensuring tax is paid on time should be at the centre of a football club's business strategy just like any other business," said an HMRC spokesman.

"Anyone that regards paying tax as an optional extra, or that uses tax collected from employees or customers as working capital, is potentially heading for trouble.

"While a winding-up order is a last resort, there is little HMRC can do for a business - be it a football club or not - whose viability is dependent either on not paying the UK taxes to which they are liable, or on special treatment not available to other customers with similar tax affairs."

 

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  1. I feel so sorry for Portsmouth, this keeps happening,­ how unlucky can one club get? Perhaps Mr Redknap might­ like to donate some of the 'bonus' money he had­ Mamdaric pay into his monaco account to help pay the­ Tax bill?? If the club is bought again, can the FA­ PLEASE ensure that the buyers actually HAVE money?? The­ last 3 'owners' have all been dead-beats. Why­ bid to buy a football club if you don't have the­ money to run it? And if you are buying it on finance in­ the hope of selling for a profit (like Hicks and Gillet­ at Liverpool) don't forget that it will go down in­ value if you spend no money on it!

    From Dean, on Wed 25 Jan 17:42

  2. This has happened before with more then 10Xs more debt­ we shall survive PUP

    From jesse0903, on Wed 25 Jan 5:47

  3. Thanks Jane, that's nice.

    From Peter, on Wed 25 Jan 4:50

  4. bye bye pompey...R.I.P

    From JANE, on Wed 25 Jan 4:12
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