I believe that the FA will do their best to gloss over it all and keep them running until they get relegated but the HMRC and Lens are **** all to do with the FA so if they go legal and demand payment and can prove that it's due and it's late, then it's out of the FA's hands and in the hands of the Courts of the land. I believe they are completely ****ed as things stand.
I wonder if it could happen that whoever owns Fratton Park, turns round and stops renting them using the ground due to monies owed. I mean, you default on your mortgage payments then you get re-possessed, if you don;t pay your rent you get evicted....