I wonder if someone with a bit more knowledge of these type of things can answer this for me.
My question is, what do HMRC get if pompey are wound up?
If the company is liquidated (although I think liquidised sounds better ), does HMRC get first dibs on the cash released by the sale of the assets, because if they don't would they not be better off writing off what is currently owed, with the prospect of getting the tax revenue on possible future earnings. Which is I guess would happen if they get out the otherside of administration.
Apologies if this has already been asked.