Pay Up Pompey,Pompey Pay Up!

[deltaincline]

[url width=516 height=350]http://www.newsoftheworld.co.uk/multimedia/archive/00099/AndrewAndronikou_516_99393a.jpg[/url]
Fucking hell! That cunt Paul Davis just walked in!

[Ginginho]

[url width=516 height=350]http://www.newsoftheworld.co.uk/multimedia/archive/00099/AndrewAndronikou_516_99393a.jpg[/url]
Now I know what it feels like to be shafted!

[Rich Pullen]

The chap on the left reminds me of Skeletor from the Dolph Lundgren epic Masters of the Universe.

[url width=400 height=226]http://burnallzombies.files.wordpress.com/2009/05/skeletor5.jpg[/url]

Crickey, that's not Terry Brady is it?

[pauld]

Fuck, is that Narkis over there?

Heh, good work Si.

"Christ, that bang wasn't my car, was it?"

[reeves4england]

Andronikou catches his first glimpse of Pompey fan Westfield

[pauld]

[url width=516 height=350]http://www.newsoftheworld.co.uk/multimedia/archive/00099/AndrewAndronikou_516_99393a.jpg[/url]
Finger! I said you could use a finger! Not the whole damn fist!

[Simon Pieman]

As Andrew learnt the meaning of 'shitting yourself', a member of the crowd learnt the meaning of 'the shit hitting the fan'.

[Simon Pieman]

Heh, good work Si.

"Christ, that bang wasn't my car, was it?"

"Where's your car dude?"

[Batch]

http://www.telegraph.co.uk/sport/football/leagues/premierleague/portsmouth/7437654/Portsmouth-fans-set-to-eye-new-owner-Rob-Lloyd-with-caution.html
[url width=516 height=350]http://www.newsoftheworld.co.uk/multimedia/archive/00099/AndrewAndronikou_516_99393a.jpg[/url]
AAAARRGGGGHHH! I spy Busy-Bodies!

Kneesey does it. Pompey Administrator ans associate Diamond Mike (not shown) join together in Pompey blow.

[Summerof69]

Crickey, that's not Terry Brady is it?

That's who I believe it is.

[Spencer_White]

Another crook.

[pauld]

Pompey admin order declared valid. Onward with the 9pts deduction then:

http://www.guardian.co.uk/football/2010/mar/16/portsmouth-administration-high-court

[BrightonRed]

Besides, I know for a fact they will have a business wound up even when they won't get back enough money to cover the costs incurred in winding it up and when there are other options presented to them which will give a better return. HMRC is all about principle and you really don't want to fuck with them.

There is no doubt that HMRC will continue to wind-up a company even when they won't get back enough money to cover the costs incurred in winding it up (although determining likely asset realisations and thereby likely cost recoveries is near-impossible with information publically available). Unlike a normal supplier they are unable to suspend supply or limit the extent of their liability. Sometimes proceeding with a compulsory winding-up is the only way to stop a company continuing to trade whilst insolvent. 

When HMRC are kept fully informed, and the directors are able to present evidence that the business is viable together with sensible proposals for repayment to creditors (whether that be in full or on a pence in the £ basis) HMRC are usually amicable to alternatives to winding-up. The difficulty is that businesses that require formal insolvency procedures are rarely viable.. CVA proposals are usually the last gasp attempt of a director with huge personal exposure to save him or herself and are based on fantasy. Usually HMRC cotton on to this fairly quickly and reject proposals outright.

**I don’t work for HMRC but I do work for a firm of Insolvency Practitioners

[SwindonTartanArmy]

Seems our favourite Administrator intends to challenge the 9 point deduction now as well! twat

[Summerof69]

Seems our favourite Administrator intends to challenge the 9 point deduction now as well! twat

He said that in his first press conference also.

I see they've also come to an agreement regarding Campbell's lawsuit, of which they owe him the money, but it'll be paid once the new owners take over.