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Our fate 'should' be known before season starts

Our fate 'should' be known before season starts

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!

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Writer:pompeyrug
Date:Tuesday July 20 2010
Time: 6:14PM

Comments

0
Can anyone appeal the appeal?
uktony
20/07/2010 18:25:00
0
I hope HMRC end up with egg all over their faces. Someone also ought to be asking why are they picking on us. Why are we being treated differently to another club? Especially as we are offering to repay proportionately more than that other club. Making an example of us doesn't wash. Why should we be singled out to be made an example of? I think its a scandal.
Gandor1
20/07/2010 18:38:00
0
PS: Wot about our Uman Rights? (Can a club HAVE Uman Rights?) I suppose we can - after all, the club consists of quite a lot of us Umans.
Gandor1
20/07/2010 18:40:00
0
UKTony I asked our tax consultant and from his response apparently it is up to the judge to decide if sufficient grounds for an appeal exist or HMRC have to prove the judge was erroneous in his decision. Of Pompey lose this case a possible risk to it's survival exists again. We all just want to know quickly.
russellm
20/07/2010 18:54:00
0
Real fingers crossed time again, I can see me hiding my Pompey shirt under my work blouse all day for luck. (Well it worked last time!). As a large part of the HRMC's case seems to be about the image rights, which is what ALL FOOTBALL CLUBS have been doing, I for one do feel somewhat victimised, I have to say. I suppose its better to get this out the way sooner rather than later, but OMG its got to go the right way!
tracyc
20/07/2010 19:41:00
0
We are a test case. If we win football gets away with it. If we lose then all clubs are down the pan. But we'll be down first so should get it together first as well.
thepompeypaul
20/07/2010 20:13:00
0
cant man citys owner lend us their lawyers....
pompeyhussler
20/07/2010 20:43:00
0
no doubt we are saving money and getting old admin andy to stand up in court... hes the manager owner aministrator as well as scout... so why not ..
pompeyhussler
20/07/2010 20:44:00
0
Gandor1 ..................... your first post is Priceless, just priceless, you really have'nt got a clue have you, ...... an absolutely shocking statement/post.
SFC-AMG
20/07/2010 21:52:00
0
they werent so kind on chester city - harsh facts are debts should be repaid in full - not 20%. Not just pompey but all clubs - my club was hammered by he press for showing 'no desire to stay in the premier league' because we wouldnt spend willy nilly and try to buy success. n five years time the burnley chairman will be applauded for his actions as several clubs should and will go to the wall through financial mismanagement
burnleyfan
21/07/2010 00:59:00
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