Perhaps Pompey should look into setting up in Spain after they're liquidated? They'd feel more at home there I reckon. Just a hunch....
http://m.apnews.com/ap/db_15875/contentdetail.htm?contentguid=qMt4Wm9O
Spanish clubs owe €752 million in taxes
Published: Today MADRID (AP) - Spanish football clubs owe the government €752 million ($982 million) in unpaid back taxes, according to figures released Tuesday.
The United Left party says figures provided by the government show an increase of nearly €150 million ($195 million) in unpaid taxes over the past four years, with topflight clubs making up nearly half a billion euros ($653 million) of the overall figure. At least six top division clubs are already in bankruptcy protection.
The numbers were released after the United Left, a communist party led coalition, submitted a written request to parliament for the information.