Pompey hope for winding-up order delay (From Daily Echo)
When news happens, text SDE and your photos or videos to 80360. Or contact us by email and phone.
Pompey hope for winding-up order delay
1:07pm Monday 8th February 2010 in
Portsmouth chief executive Peter Storrie admits the club's best hope for Wednesday's court date with HM Revenue & Customs is to delay the winding-up order.
HMRC issued the petition over unpaid debts at the end of last year and the club failed in their bid to have it struck out by a High Court judge in a hearing on January 16.
Since then, Hong Kong businessman Balram Chainrai has become Pompey's fourth owner of the season after last week acquiring Ali Al Faraj's 90% stake in the club.
Chainrai's main intention is to recover money he is owed by the club, however, and Portsmouth - who visit St Mary's in the fifth round of the FA Cup this Saturday - are seeking yet another owner to take on responsibility for the long term.
Storrie, who was been charged with running the club on a day-to-day basis, is optimistic they will avoid going into administration.
He said "Our priority is Wednesday's court date with the Revenue.
"Our objective, now the new owner is in place, is to seek from the courts a stay of the winding-up order. We need time for a new buyer to come in and then we will be in a position to pay the Revenue.
"If the Revenue wind this club up, then they will get nothing, and that cannot be the right answer. We're in talks with potential new owners, which would be our fifth owner already this season.
"I've heard the joke about how we have had more owners than wins this season but the media have been putting the knife in all season and no-one is going to stop now."
Comments(10)
Ted Rogers
says...
2:28pm Mon 8 Feb 10
Winding up Likely, administration at best is unavoidable.
Look forward to reading about Moneyfields PFC playing in the Wessex league next year - Phoenix team a la AFC Wimbledon.
St Retford
says...
2:40pm Mon 8 Feb 10
costa gaz
says...
4:20pm Mon 8 Feb 10
You may be able to pull the wool over the skates eyes, but your lies won't wash on wednesday.
More time to find a new owner, to pay the caterers, electric bills, wages, shopping mall rent, web-site hosts, advertising hordings... etc..etc..
Your time IS UP
kev63
says...
6:06pm Mon 8 Feb 10
sw=wage-pain, how apt LOL
Condor Man
says...
8:01pm Mon 8 Feb 10
7saint7
says...
11:30pm Mon 8 Feb 10
Arnold J Rimmer
says...
1:30am Tue 9 Feb 10
Someone at the Echo has a sence of humour. sw debt-book!
costa gaz
says...
9:13am Tue 9 Feb 10
Seems like they are off the hook for the moment.
dblue
says...
12:59pm Tue 9 Feb 10
Please forgive Agent Redknapp!!(saints down, pompey up)
More Sport stories
- Bogeyman Austin out to maintain perfect scoring record against Saints
- Briggs and Vince lose to England XI
- Redknapp: I'd have to consider England job
- Howe stokes fires ahead of St Mary's clash
- Ervine suffers BPL T20 defeat
- Hooiveld set for Fonte reunion
- Malone stands down as Eastleigh director of football
- McMenemy: don't rule out Roy Hodgson for England job
- Totton striker returns to Farnborough on month's loan
- Fergie backs Harry for England job
Peter Storrie
Most popular
|
|
Local Information
Enter your postcode, town or place name
St Retford says...
1:24pm Mon 8 Feb 10