Portsmouth’s administrator has been cleared to push on with his efforts to
sell the club.
UHY Hacker Young’s Andrew Andronikou provided the taxman with more details of
the club’s financial situation, which persuaded HM Revenue & Customs to drop
its challenge to the administration appointment, reported the
Andronikou also suggested that he would challenge the automatic nine-point
deduction the Premier League would make against an insolvent club.
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
Steve Absolom and Will Wright from KPMG Restructuring have been appointed joint administrators to City Motor Holdings and associated companies
Partners from Johnston Carmichael have been appointed as joint administrators to Axon Well Interventions Products UK
Begbies Traynor have been appointed administrators of William Anelay Ltd, York, one of Britain’s longest-established construction and heritage restoration companies