Corporate: Portsmouth FC see off winding-up petition 20 February 2012

Embattled Portsmouth FC have seen off their latest winding-up petition after going into administration.

Mr Registrar Nicholls at the High Court agreed to “dismiss with costs and dispense” with the petition on hearing the club had entered administration on Friday.

The club – which owes the taxman a reported £1.8m – was slapped with the petition by HM Revenue and Customs (HMRC) on January 3.

Former footballer Trevor Birch, now a partner at PKF, was appointed by the court as joint administrator.

The administration order enabled the club to access its bank accounts after having been frozen as a result of the winding-up petition.

According to Football League rules, on going into administration, the club – nicknamed Pompey – were docked 10 points.

HMRC has previously insisted “ensuring tax is paid on time should be at the centre of a football club’s business strategy just as it should be for any other enterprise”.

By Andy Pearce

See also:

 

 

blog comments powered by Disqus