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HMRC appeal date set

HMRC appeal date set

The date for HMRC to present their appeal against the CVA approval has now been set.

Tuesday 3rd August, 10am, is the date that HMRC will present their case to the courts.

If successful, well God only knows what that will mean to Pompey with us already teetering precariously on the brink...

On the other hand, should the club and administrative team have 'affairs in order' and can present a solid case then the taxman's appeal will fail, the CVA will be granted, we can move out of administration, the administrators can move on and a new owner can be found!

If only it was that simple eh...

So, all being well, by the time the season does kick-off we will indeed know our fate, hopefully!

PLAY UP POMPEY!

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Writer:pompeyrug
Date:Tuesday July 27 2010
Time: 1:13PM

Comments

0
Rug - will we have an on the spot reporter? The only good news is that we do not have long to wait.
eastneydave
27/07/2010 13:27:00
0
The thing that worries me is that I don't see why HMRC would appeal the CVA if they didn't think they could win?! This case will prove whether AA has spun a web of lies because I'm sure he's said that if HMRC did appeal then he was very confident that we would win the case. Funny he's not been so sure of that in the past couple of weeks! PUP!
moley2
27/07/2010 13:32:00
0
It appears to be hanging on the tax implications of the image rights payments, which I don't think that there has ever been definitive rule on for any club. So I guess that HMRC are using this to get a ruling on that and it could go either way.
wellyit
27/07/2010 13:41:00
0
moley2 that's a big leap from HMRC winning to AA spreading a web of lies; we could do with you in London 2012 for the Olympic conclusion jumping event. HMRC routinely go to court to establish precedents, some they win, some they lose. As other articles point out we aren't the issue and are the sprat HMRC want to use to catch the mackeral. If you use current law where image rights have not been a part of the deal then Pompey should win, HMRC are trying to change the law so we don't. Football can't really afford to lose; HMRC spend millions of pounds losing every year; but they justify that on tax law clarity. they paid for the CofL case against Redknapp and lost that. The other thing here is like AA or not Lampitt has also stuck his name behind it and he would have got that checked.
russellm
27/07/2010 14:10:00
0
Just noticed the site poll. Who do we intend to sue? HMRC? Why – for taking advantage of their right to ask an independent member of the judiciary to review AA’s decision making process and reasoning. I think this is called Due Process – it would be wrong if just by taking advantage of their right to appeal they suddenly became liable for any business done in what was widely publicised as an APPPEAL PERIOD…. Any way, the poll asks if we should sue if HMRC’s appeal fails. If HMRC’s appeal fails, the CVA stands as agreed doesn’t it? So no harm no foul, what losses could you possibly attribute to HMRC NOT SUCEEDING in getting the CVA turned over? Really badly thought out poll question guys – PS could have done better and that is saying something. Can we get the people with a basic grasp of common sense to review future postings please? This sort of stuff keeps us the laughing stock of the league
chimeonsweetbells
27/07/2010 14:23:00
0
So having said all that; we'll probably get stuffed.
russellm
27/07/2010 14:27:00
0
All I've said russellm is that AA has said in the past that we'll be fine even if HMRC appeal, so if we survive then he hasn't lied. I just don't think you can go around making statements like that without being sure of the outcome.
moley2
27/07/2010 14:40:00
0
if we dont survive does that mean he lied- or was just wrong; i just dont think you can go around acusing people of lying withour proof. Chewonmyballs or whatever your name is; not my favourite poll but YOU MISS THE MASSIVE POINT the appeal is done and gone rightly or wrongly, the case is in reality to decide if HMRC actually the the right given that they based their increase debt value and therefore unsecured debt percentage on Image rights which has not been claimed peviously or on any other recent footie administration be it chester or palace. to me thats basic common sense which you seem to have missed. According to various finncial publications if his/her worship decides HMRC did not have a legal right the club can seek for compensation. As i said the vote is not my favourite, but i assume in terms of what harm is done, like any business Pompey would say the appeal affected its season ticket sales, possible take over, extended embargo so in my business i'd have gone for; restriction of trade ( embargo) turn over (embargo); loss of profit (market affect of player sales caused by the club stilll being in admin and embargo) ( slow uptake of season ticket, caused by above) and seek compensation and consequential loss for all of the above. As for if the vote should have been put up there; its about free speach, the site even allows imbalanced points of view like Dave_S and yours. I think the previous owners and SOS have made pompey the laughing stock of the league loong before that bloke thought up that vote. Surely you can see the sense in that.
russellm
27/07/2010 19:23:00
0
flippin tricky thing to do posting on an iphone whilst on a train; hope you got why i think you are fundamentally wrong
russellm
27/07/2010 19:26:00
0
tbh even IF we succeed with this appeal we should all still be ready for the appeal of the decision, so don't thinks it'll be over by the 3rd, well unless the Judge decides they don't have an appeal but i wouldn't count on it :/
pompeym@
27/07/2010 23:06:00
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