Football Finance

Football tactics drawn on a blackboard

HMRC fails to fast-track football insolvency case

HM Revenue & Customs has lost an appeal to fast-track its action against the Football League's controversial football creditor rule

15 Mar 2011

Football tactics drawn on a blackboard
Football boots left on grass

CCW partner takes Kidderminster FD role

Crowe Clark Whitehill board member joins Kidderminster Harriers as FD

11 Mar 2011

P&A administrators appointed to Plymouth FC

Former Crystal Palace administrator Brendan Guilfoyle takes appointment at League One club

04 Mar 2011

Baker Tilly appointed liquidators of Portsmouth FC

Geoff-Carton Kelly and David Hudson are appointed joint liquidators to collapsed club Portsmouth

02 Mar 2011

Football and accounting set to collide

24 Feb 2011

Plymouth Argyle lines up administrators

Intention to appoint administrators will cost the club ten league points - even if they then decide against entering the insolvency process

21 Feb 2011

HMRC issues second winding-up order against Southend United

Southen United face second winding up order from HMRC in a year

18 Feb 2011

Lehmans halts Premier League court battle

The taxman has postponed its day in court against the Premier League to await judgment in a separate insolvency case

16 Feb 2011

HMRC and Premier League insolvency battle to be adjourned

It is expected that HMRC will today ask for its day in court against the Premier League to be postponed until further notice

15 Feb 2011

HMRC to begin Premier League court battle

The taxman will meet with the Premier League tomorrow in High Court as it tries to tackle the football creditor rule

14 Feb 2011

PKF administrators achieve CVA at Dundee FC

Administrator Bryan Jackson has managed to complete a company voluntary arrangement at Dundee FC

09 Feb 2011

UK sport stars take tax hit

Low take-home pay could influence foreign footballers considering move to UK on transfer deadline day.

31 Jan 2011

Accountant David Bernstein voted FA chairman

ICAEW-qualified David Bernstein takes the chairman role at the FA alongside fellow accountant, general secretary Alex Horne

22 Dec 2010

Transfer costs hike hangs on Birmingham City VAT appeal

Baker Tilly warns transfer costs will shoot up by a significant amount if appeals court rejects club's appeal on agents' fees

22 Nov 2010

PKF administrator to appeal Dundee FC docked points

Dundee FC administrator Bryan Jackson will appeal the Scottish Football League decision to dock the club 25 points, as it endangers a future sale

02 Nov 2010

PKF administrator called into Dundee FC

Bryan Jackson is appointed administrator of Scottish football club Dundee FC

15 Oct 2010

UHY called to help fight football creditor rule

The taxman is calling on Portsmouth's administrators to give their opinion in court on the football creditor rule in an insolvency

14 Oct 2010

HMRC v Premier League insolvency battle set for 15 February

HMRC and Premier League will battle in the courts over controversial insolvency rule that allows football creditors to be paid out ahead of others

27 Sep 2010

Arsenal boosted by £15m tax swing

Arsenal Football Club achieves £5m net tax credit after HMRC negotiations, compared to a £10m charge a year earlier

24 Sep 2010

Page 7 of 10

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The Practitioner: Stitch-up means 'bye-bye client'

Breakdown in trust between The Practitioner and a client means it's time to call it quits

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A client's new in-house accountant forces the Practitioner to up their game

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Breakdown in trust between The Practitioner and a client means it's time to call it quits

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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.