by ferrarilover » 11 Apr 2013, 01:19
MidDevon wrote:It's not for the football league to decide Portsmouth fate, that is up to HMRC's
Their reluctance to make "a big boy" pay for football's attitude to tax and VAT is probably just making the matter worse
I think we are looking at two related but separate issues, are we not? HMRC can apply to wind up PFC the company, but PFC the 11 men on a grassy area hacking a pig's bladder about, that is under threat from the Football League and their Super License (or whatever it's called) which allows clubs (not businesses) the right to play in the FL.
I will confess to not having looked this up at all and going from memory, but I think this is at least the jist of the matter.
Obviously, in real terms, if there is no PFC the business, then there is no PFC the football team, but I guess in theory the two things are sufficiently separate that one could exist without the other, it's just they would have to play at a local park and the players would have to be unpaid etc.
Matt.
[quote="MidDevon"]It's not for the football league to decide Portsmouth fate, that is up to HMRC's
Their reluctance to make "a big boy" pay for football's attitude to tax and VAT is probably just making the matter worse[/quote]
I think we are looking at two related but separate issues, are we not? HMRC can apply to wind up PFC the company, but PFC the 11 men on a grassy area hacking a pig's bladder about, that is under threat from the Football League and their Super License (or whatever it's called) which allows clubs (not businesses) the right to play in the FL.
I will confess to not having looked this up at all and going from memory, but I think this is at least the jist of the matter.
Obviously, in real terms, if there is no PFC the business, then there is no PFC the football team, but I guess in theory the two things are sufficiently separate that one could exist without the other, it's just they would have to play at a local park and the players would have to be unpaid etc.
Matt.