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Portsmouth FC issued with winding-up order

by Richard Crump

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25 Jan 2012

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PORTSMOUTH Football Club has been issued a winding-up order by HM Revenue & Customs over an unpaid tax bill of £1.6m.

The move is a fresh blow for Portsmouth, which became the first Premier League club to go into administration in 2010.

"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.

Andrew Andronikou, the joint-administrator of Portsmouth FC's parent company Convers Sports Initiatives said the club was unable to pay a bill of £800,000 to HMRC in December and that another £800,000 payment was due on January 20.

Visitor comments Add your comment

jim

well they have had lots of chances,it must be up to the fans to save them now. If they cant do it then they will have to go.

Posted by: James, 28 Jan 2012 | 09:07

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