Sunday, July 25, 2010

Portsmouth forced behind to justice after HMRC hurdles administration department Football

Andrew Andronikou

The executive Andrew Andronikou was astounded that HMRC has asked Portsmouth behind to the high court. Photograph: Sang Tan/AP

Portsmouth contingency lapse to the high justice tomorrow after Her Majesty"s Revenue and Customs challenged the intentional administration.

Andrew Andronikou, the executive in assign of the Premier League club, was told of the ultimate growth today.

Despite doubt over the inlet of HMRC"s objection, Andronikou is assured Portsmouth will go on down the track of administration department department department department department department department department as planned. "We"re carrying to go to justice to show that the debenture is valid," he said. "I don"t assimilate the expect reason because this is, we"re only following normal protocol. We"re not unduly worried.

"It"s not customary procession but I"d suppose that HMRC are fundamentally channel their Is and dotting their Ts. We"re awaiting the administration department department department department department department department department to ensue as it was."

Portsmouth timeline

27 May 2009: Club accepts takeover bid from Sulaiman al-Fahim.

21 July: Fahim passes Premier League"s "fit and correct persons" exam and rught away joins Portsmouth board, nonetheless the takeover is not nonetheless finalised.

19 August: Club opens negotiations with a consortium fronted by the arch executive, Peter Storrie, over a probable takeover.

26 August: Fahim completes takeover.

1 October: Club admits unwell to compensate players" salary on time.

5 October: Fahim sells 90% of his Portsmouth shares to Ali al-Faraj.

7 October: Avram Grant allocated executive of football.

28 October: Premier League issues keep out on Portsmouth induction new players until they compensate off debts to Chelsea and Arsenal for the signings of Glen Johnson and Lassana Diarra respectively.

24 November: Manager, Paul Hart, sacked.

26 November: Club announces Grant will be subsequent manager.

3 December: Club confirms remuneration of players" salary has again been delayed.

4 December: Club announces players have been paid.

10 December: Club responds to conjecture over the destiny by insisting it are not about to go in to administration. In a matter it additionally reveals HMRC had been paid £2m and "other chronological balance are being dealt with on an ongoing basis".

30 December: Club denies being rigourously served with a winding-up apply to by HMRC.

31 December: For the third time this season, the players" salaries are not paid on time. Club says Dec salaries will be paid on 5 Jan interjection to a short-term loan.

4 Jan 2010: Non-playing staff are paid.

5 January: Player payments are again delayed, bar tells Professional Footballers" Association, adding that salary should be processed on 6 January.

7 January: Portsmouth"s players are paid their Dec wages.

14 January: Premier League house confirms it will discharge promote price payments without delay to Portsmouth"s football creditors, done at home and overseas.

19 January: Portsmouth"s focus for a winding-up apply to done opposite them by HMRC to be struck out is discharged by a high justice judge. Club but releases a matter insisting it is "confident" of winning an appeal.

20 January: Club confirms a former player, Sol Campbell, is suing it for fees and bonuses he is owed.

26 January: Premier League rises send embargo.

27 January: Portsmouth sell their defender Mike Williamson to Newcastle for an undisclosed fee.

28 January: Official bar website quickly close down due to disaster to say payments to Juicy, the association obliged for using www.portsmouthfc.co.uk.

28 January: Club waits for Younes Kaboul"s £5m send to Tottenham to go through, and supports to clear, prior to it can compensate monthly salary bill.

30 January: Kaboul joins Tottenham.

3 February: Club pays Jan wages.

4 February: Hong Kong office worker Balram Chainrai"s association Portpin take determining seductiveness in Portsmouth from Faraj after sportive a proviso in their agreement over a £17m loan done to the Saudi.

9 February: Portsmouth fails to determine a understanding with HMRC to compensate a apportionment of their superb taxation check and reschedule the remainder.

10 February: High justice gives the bar one week to pull up a matter of the monetary affairs as it seeks to equivocate HMRC winding-up order.

17 February: Portsmouth presents a matter of monetary affairs at high court.

20 February: Club has a bid for accede to sell players outward the send window deserted by the Premier League.

21 February: Storrie reveals a South African consortium is posterior a understanding to buy the club.

22 February: Former owners Fahim quits as non-executive authority and passes on his 10% shareholding to the club"s supporters" trust.

23 February: Chainrai confirms Portsmouth will go in to administration department department department department department department department department if a new customer has not been found by twenty-six February. Earlier, New Zealand-based office worker Victor Cattermole certified his seductiveness in shopping Portsmouth, but pronounced a understanding would not be in place prior to Portsmouth"s high justice date on 1 March.

25 February: Club"s owner"s orator confirms Pompey has proposed routine of going in to administration.

26 February: Portsmouth confirms it has left in to administration.

1 March: HMRC plea intentional administration department department department department department department department department process, definition bar contingency lapse to high justice on 2 March.

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