Football Finance

Trevor Birch

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-2

HMRC issue winding up against Port Vale FC

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

01 Mar 2012

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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

HMRC successful in blocking UHY administrators to Portsmouth FC

Former Chelsea FC CEO and PKF partner Trevor Birch takes Portsmouth FC administration

17 Feb 2012

HMRC in court to block UHY from Portsmouth appointment

HMRC in court to block UHY Hacker Young administrators from taking proposed appointment to Portsmouth FC

17 Feb 2012

Administrators “concerned” about Rangers’ finances

Administrators’ have no “visibility” on where a £24m loan has gone and raise concerns about the way the club’s finances were run

17 Feb 2012

Colin: Rangers' new sponsor?

Colin's take on recent developments at Rangers FC

15 Feb 2012

Duff & Phelps administrators called to Rangers FC

Rangers FC call in Duff & Phelps administrators Paul Clark and David Whitehouse

15 Feb 2012

Portsmouth to enter administration for second time

Stricken Fratton Park club likely to be docked 10 points

13 Feb 2012

Colin: HMRC FC defends relegation

HMRC FC its a funny old game

10 Feb 2012

HMRC urged to meet with Portsmouth FC by PM

David Cameron urges HMRC to speak with Portsmouth FC to negotiate a rescue plan

02 Feb 2012

Premier League transfers down 70% says Deloitte

Transfers in January stands at £60m compared to £225m for same period in 2011

01 Feb 2012

Harry Redknapp accused of evading tax through offshore account

Court hears of £189,500 paid into Monaco account allegedly opened by Tottenham Hotspur manager

24 Jan 2012

HMRC to investigate footballers' perks

Taxman has contacted Premier League finance directors, according to reports

03 Jan 2012

Football insolvency judgment due before Christmas

A judgement on HMRC’s court battle against the Football League could be delivered as early as next week

15 Dec 2011

HMRC serve 25 winding-up petitions to FA clubs

A High Court hearing on football insolvency rules has unveiled that the taxman issued 25 winding-up orders in two years

08 Dec 2011

HMRC goes behind in Football League court clash

Residing judge in football insolvency court case throws out first argument put forward by HMRC

30 Nov 2011

UHY administrators called to Portsmouth FC owners

Former Portsmouth FC administrators Peter Kubik and Andrew Andronikou now appointed to club’s owner Convers Sports Initative

30 Nov 2011

Page 4 of 10

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ABS: Will you be taking on too much?

While alternative business structures (ABSs) might benefit some accountancy firms, others could be in danger of overstepping their capabilities

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Internal auditors must up game over new anti-corruption rules

Government's more onerous anti-corruption plan means internal auditors must up their game

Colin: Audit losses go down badly

Colin imagines KPMG's reaction to losing Diageo audit

Colin: Deloitte redeems Gherkin

Colin speculates on what changes might take place at 30 St Mary Axe under the new Brazilian ownership

Taking Stock: Netsuite Twitter-trolls Sage CEO on first day

Sage and Netsuite chief executives engage in boisterous Twitter exchange

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Briefings

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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.