and the times...Portsmouth able to avert another points penalty
The extra claim from Revenue & Customs is a serious matter. Andronikou said: “The HMRC debt went up from £17.5 million to £35 million. They have had a review of possible tax outstanding from player salaries or from image rights and they have made an assessment.”
I'll be happy if the HMRC want to impose a fine as well as asking for outstanding tax on top of the initial claim of £17.5m.
I'm getting to the impatient stage and want justice served, but what is more frustrating is there is no clear picture in all this:
I can potentially see point deductions coming their way akin to Luton's financial mismanagement, but it's no guarantee.
Some say liquidation of PCFC will trigger penalties - is that true? If so, why liquidate at all, especially as they will be CVA debt free after 5 years?
The CVA still has to be approved but assuming current figures owed are correct and CVA is approved, £55m needs to be paid.
What is AA basing the £25m income and is that projected over the term of the CVA or just the first year?
If the first two parachute payments are to be used to pay off the football creditors and the player sales to pay off Chainrai - where's the money coming from to run the club?