Football Finance

Rangers

Administrators run up £5.5m bill at Rangers

Administrators have charged £5.5m so far for work at Rangers, but that figure could increase to £6.2m if the club enters liquidation or CVA

30 May 2012

HMRC footie

Colin: Whistle blown on HMRC's hopes

If court were a football match

29 May 2012

Rangers

Rangers’ administrators welcome investigation

Duff & Phelps administrators welcome an investigation from regulatory body into their conduct at collapsed Scottish club and announce sale proposals imminent

29 May 2012

HMRC loses football creditor rule court battle

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

25 May 2012

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 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

Page 3 of 10

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Bank raiding powers could put HMRC at top of insolvency pecking order

Will HMRC’s new bank raiding powers see insolvency practitioners pursuing it for funds taken illegally in the event of bankruptcy?

The Practitioner: The promise of the pension pot

The combination of pensions drawdown and enterprise investment tax planning makes the Practitioner's mouth water - but can the firm get its pensioners lined up in a row?

Leader: Charity begins at home

With so many accountants require support and counselling, an already charitable profession must consider where its efforts go

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Social networking: How does the Top 50 stack up?

Firms are failing to realise the business benefits of social media sites such as utilising LinkedIn

Colin: There's nothing like a well-thought-out plan

Colin wonders whether some SMEs are keeping it too simple

Taking Stock: When tax is stranger than fiction

Sometimes you just can't make it up, TS finds

Scrapping IR35 all very well – but what else?

IR35 has proven ineffective, but 'what are the alternatives?' asks Calum Fuller

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Briefings

budget-management

Why budgeting fails: One management system is not enough

If budgeting is to have any value at all, it needs a radical overhaul. In today's dynamic marketplace, budgeting can no longer serve as a company's only management system; it must integrate with and support dedicated strategy management systems, process improvement systems, and the like. In this paper, Professor Peter Horvath and Dr Ralf Sauter present what's wrong with the current approach to budgeting and how to fix it.

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iXBRL: Taking stock. Looking forward

In this white paper CCH provide checklists to help accountants and finance professionals both in practice and in business examine these issues and make plans. Also includes a case study of a large commercial organisation working through the first year of mandatory iXBRL filing.