Date:Tuesday July 20 2010
Pompey have been handed some good news, well relatively good news anyway, today - the courts have agreed to speed up HMRC's appeal against the CVA approval, which they appealed against, for this to be heard before the season kicks-off.
This appeal 'could' have dragged on and on with us having to wait until October or November for this although David Lampitt, as he told BBC Radio Solent, is now under the impression that this will be heard before the season kicks-off, with the exact date known shortly: 'we've been in court to seek an expedited process.
'I understand the court has agreed to that, which means we should have the hearing before the season's start.
'I'm yet to hear about the date for that hearing, but we should know within the next 24 hours.'
Now all we need if for the courts to rule in our favour that HMRC's appeal is not valid!
'If' that proves to be the case then I 'assume' that the CVA agreement, which was approved by more than 81% of the creditors when 75% were needed, will be officially ratified and we can come out of administration - we 'could' also have our transfer embargo lifted?
Lets not get ahead of ourselves though, or try to run before we can walk!
Fingers crossed that this appeal does go in our favour, at least this 'should' be heard before we face Coventry on August 7th, so we at least know where we stand.
PLAY UP POMPEY!
Date:Tuesday July 20 2010
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