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Football Finance

High Court London

Breaking: HMRC loses football creditor rule court battle

High Court rules against HMRC in in its attempt to overturn football creditor rule

25 May 2012

Rangers

Battle erupts between BBC and Rangers’ administrators

BBC alleges Rangers administrators are conflicted in their role, which they deny. Administrators are now considering legal action

24 May 2012

Portsmouth FC badge

Portsmouth administrators line up Balram Chainrai for sale

PKF administrators reveal that former owner Balram Chainrai has been the only bidder to the collapsed club so far

21 May 2012

Baker Tilly to sit on Portsmouth FC creditors’ committee

PKF administrators reveal that Baker Tilly liquidators will make up creditors’ committee of collapsed club Portsmouth FC

27 Apr 2012

Begbies administrators agree CVA at Port Vale FC

Administrators receive 87% of creditor vote to rescue collapsed club

27 Apr 2012

Rangers FC administrators hit back at SFA

Duff & Phelps administrators will appeal Scottish Football Association decision to slap a fine and transfer embargo on Rangers FC

24 Apr 2012

Rangers FC administrators put sale on hold

Scottish Premier League rule changes on insolvent clubs halts disrupts sale process for Rangers administrators

12 Apr 2012

Rangers’ administrators arrange virtual creditor meeting

Duff & Phelps arrange correspondence only creditor meeting to discuss proposals to continue trading collapsed club

04 Apr 2012

Rangers administrators boosted after court ruling

Duff and Phelps could consider ditching Ticketus payout after judge says that arrangement is purely contractual

26 Mar 2012

Rangers administrators challenge Ticketus deal

Duff & Phelp insolvency practitioners launch legal challenge to rid club of Ticketus debt, but end up losing their administrator status

16 Mar 2012

Rangers’ administrators try to claw back funding

Duff & Phelps administrators hope to retrieve £3.6m from club's former purchaser's lawyers

09 Mar 2012

Administrators manage to obtain funds for Portsmouth

PKF administrtors manage to agree parachute payments with the Football League

08 Mar 2012

Rangers turned away from UEFA for not paying tax bill

Auditors won't be able to qualify accounts and club won't pay tax bill in time to qualify for European games

08 Mar 2012

UHY hit back at Portsmouth FC administrators PKF

UHY Hacker Young administrators hit back at PKF administrators on issues concerning Portsmouth FC funds

02 Mar 2012

Administrators could cut 11 players at Rangers

Duff & Phelps administrators warn manager Ally McCoist that player cuts or wage reduction is needed to ensure club's future

02 Mar 2012

Portsmouth FC may not finish season warn administrators

PKF administrators warn club is unlikely to receive parachute payments and risks being unable to finish the season

01 Mar 2012

HMRC issue winding up against Port Vale FC

Winding up petition could see the League Two side fall into administration

01 Mar 2012

UHY makes formal complaint to ICAEW about PKF

UHY Hacker Young makes complaint to institute about PKF administrators' appointment to Portsmouth FC

24 Feb 2012

Portsmouth administrators make 30 redundancies including CEO

Portsmouth CEO David Lampitt is among the staff made redundant by PKF administrators at the club

24 Feb 2012

Future ticket sales paid Rangers' debt say administrators

Administrators Duff & Phelps say Rangers' owner Craig Whyte sold rights to future ticket sales in exchange for funds to buy the Scottish football club

22 Feb 2012

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Penny Avis' book Nevermind the Botox Rachel

Video: From corporate finance to author

Rachael Singh interviews self-published author and former Deloitte partner Penny Avis on her novel "Nevermind the Botox Rachel"

Managers must spot signs of staff stress

Learn to identify the symptoms of stress in your team, urges CABA

The Practitioner: Staff sit-down shocker

The Practitioner has plenty to think about after a senior staff member reveals the pair haven't 'chatted' for quite a while...

Time for consulting to re-balance?

Despite robust performance in 2011, the consulting industry must reduce its reliance on financial services clients, says Alan Leaman

businessman steps forward

Tax: Don't go back in the future

Forget retrospection and instead put the GAAR together properly to create certainty for business, says Gary Richards

CIMA and ICAEW accounts: all in the presentation

Fully transparent, or just one for the accountants? asks Kevin Reed

TS recalls Pet's star Healy's close links to HMRC

Tim Healy's recent run-in with the taxman isn't his only dealing with HMRC, TS recalls...

Colin: Cost-cutting a step too far

Finance function takes its toll at BBC offices

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Briefings

Supplier Statement Reconciliations cover

Supplier statement reconciliations: Manual chore or critical value adding process?

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.

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7 building blocks for business growth

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