Posts tagged portsmouth fc
Portsmouth concerned by 21-year-old student’s takeover bid
Sep 1st
However, Portsmouth administrator Andrew Andronikou has expressed doubts about Lever's ability to fund the deal, and on the face of it he is as unlikely an owner as any of the four men who have run the club in the past nine months.
He holds only one directorship in a shell company founded to handle the transaction, Portsmouth FC 2010 LLP. He is not listed as a director of Paint, which according to its website offers services including access to events "that were once the reserve of society's 'A' list".
The company promises to be able to arrange events such More >
Portsmouth Lives To Fight Another Day,
Aug 10th
Portsmouth Lives To Fight Another Day, by Robert Lee, Tax-News.com, London Last updated 36 hours ago | Wednesday, August 11, 2010
The future of embattled UK soccer team Portsmouth FC looks more secure following a High Court judgment against the UK tax authority, HM Revenue and Customs (HMRC) in a case initiated to secure a more favourable portion of taxes owed in a Company Voluntary Arrangement (CVA) agreed between the club and its debtors.
In its legal argument, HMRC claimed that the CVA was invalid. The tax More >
