17 Mar 2010
Portsmouth's administrator has been cleared to push on with his efforts to sell the club.
UHY Hacker Young's Andrew Andronikou provided the taxman with more details of the club's financial situation, which persuaded HM Revenue & Customs to drop its challenge to the administration appointment, reported the BBC.
Andronikou also suggested that he would challenge the automatic nine-point deduction the Premier League would make against an insolvent club.
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
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