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High ho, high ho its off to court we got...

The high court is rapidly replacing Wembley as our 'second home' as we return to this on Tuesday because 'HMRC is contesting our voluntary administration.'

This return, at 10.30am, has been confirmed by Admin Andy - who has also today confirmed that we are contesting our points deduction, and will be meeting the premier league tomorrow too...he will be a busy man!

Revenue are, according to sky sports, 'said to be furious that the Premier League's rock-bottom side managed to avoid Monday's winding-up order for a £7million unpaid tax bill by entering administration on Friday.'

A feeling going around is that HMRC basically 'f****d up' so they 'should not' really have much ground to stand on and a winding up order against us will not be granted...

Feeling is that they felt they would get 'priority' or 'preferential creditor' ability, although our decision to go into Administration, as opposed to challenging them and 'risking' being done and liquidated - as we almost certainly would have done today had we strolled into court bold as brass - has left it possible that they will get little, if anything at all due to this, hence the 'hard line stance' they are now taking.

Although what I would say is I think they 'probably' will take a tough stance down the line so the chances of a points penalty next season as well would have increased, then again if they are not a priority in the list of people that need to agree to the CVA or this happens - and they are not owed 25% of the debt which entitled them to object this CVA - then can they take a hard line?

Then again this is Pompey we are talking about so anything is possible!

They will have our card well and truly marked though, that much is for sure...

For now I will leave it to the experts, as I clearly am not one or I would not be writing this now would I!

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Writer: pompeyrug

Date:Monday March 1 2010

Time: 6:05PM

Your Comments

Just when you thought this had gone away it rears its ugly head again! Still the noises I'm hearing are that it 'should' all be OK - fingers crossed then!

tracyc

Bunch of aerosols...they were only 'following the rules' in trying to shut us down and break the herts of thousands, we were only 'following the rules' when we went into admin. Toughski sheetski.

Tantona

I meant 'hearts' obviously lol

Tantona

as said i am no expert but not sure how much ground HMRC has here. 'if', as is thought, they do not even have the power to 'object' to the CVA then that proves how much, well little, really they will now get from us due to our administration - hence the challenge?

either way, we will find out tomorrow - strangly, i am not relaxed entirely in my 'confidence we will be ok' (hope this fairly confident stand is not misguided) but is some ways i am very relaxed - not sure if this is good or bad - in my 'whatever will be will be attitude!' i care, of course i do but i think i am so fed up with it all i just want what is going to happen to happen now...

pompeyrug

HMRC trying to save face or force some sort of payout out of the Administrator. They had a chance of a deal and screwed it up; so now they wasting public money. I know it's our tax money but I hope they get stuffed.

russellm

i suspect we will escape this one but if we ***** with the taxman again there will be no more lifelines...

pompeyrug

...and people were saying wembley was our second home...

pompeycarpet

If they got the wretched money out of us...you can bet your boots the government would only go and give it to some odd-ball pressure group like 'Social Awareness for Dead Penguins' or something.....cynical or what.

cornypomp

I have no idea whether HMRC have an arguable case as I don't know the rules. However, the Telegraph report says: "HMRC is expected to argue that Portsmouth owner Balram Chainrai did not have the power to tip the club into administration, a move that has left him as a preferred creditor who may recoup much of the £17million-£20million he lent the club." This is probably guesswork by the Telegraph, but it is plausible as I can well understand that HMRC would resent Chainrai being able to be both owner and creditor and escape relatively unscathed, while HMRC lose out. I am quite worried that the judge might have some sympathy with this view. Let's hope not.

erithacus rubecula

You just couldn't sript this could you. No doubt they tackle tax exiles in the same why they want us dead. This is fdckin serious stuff here, they waqnt more than tyheir pound of flesh, they want to bleed us to death without any mercy. Cnts!!!

storagematt

I wish I could tell the HRMC where to get off and that they won't get another penny out of me! Unfortunately, life's not like that.

tracyc

I'm not so optimistic Rug. Our history with late payments to the HMRC goes back long before our current troubles and I believe they want to make an example of us to show other football clubs. I fear for our existence.

stillthewhizz

Dont worry guys, all pantomimes have a happy ending. I mean look at the storrie line so far, twitch jumps ship as soon as he sees an iceburg,Peter storrie is clearly the narrating widow t*****y, and then some mean arabians come to town to try and steal the club, but have no money so it seems they were only the ugly sisters type of bad guy. Act II - the real bad guys come to light when the wicked witch of the west(minster) comes to try and kill of the hero, and steal a large part of the plot for a few scenes, but mark my words, one bucket of water over the judges head will lead to screams of "i'm melting", pompey will come out of court, get on the good side of the Princess Premier league's dad, king fat cat, avoid the 9 point deduction and storm home with a run in of 12 wins from a possible 17 and stay up. Oh and the whitty sub plot of the FA cup will see pompey in the final beatin spurs, with the 2009/2010 season, we its behind you....PUP

dave.jolley81

I reckon every true Pompey fan must have aged 10 years over this past year. My fear is that they think they have a case against us, I hope they don't.

PFCblue

OK, now Widow T W A N K Y gets asterisked out - didnt see that coming

dave.jolley81

Sorry guys about that bit of random posting, jut got excited when i read he high ho, high ho headline

dave.jolley81

It'll be fine, HMwosnames are a bunch of knutes who are just bitter and twisted - we'll be fine.

Et_tu_Pompeii

They have tolls under the bridge now.

Lysimachus

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