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HMRC Winding-Up Petitions
Posted on February 23, 2012
The following list is of the winding-up petitions presented by HM Revenue and Customs (HMRC) and its predecessors, the Internal Revenue (IR) who were responsible for the collection of direct taxation such as income tax (PAYE) and National Insurance contributions, and HM Customs and Excise (C&E) who were responsible for the collection of indirect taxation […]
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No. of Clubs
Posted on February 13, 2012
I’m sometimes asked for a magic number – the number of top clubs which have gone into Administration. It’s difficult give a simple answer because: Administration is a misleading basis for counting. Clubs can be wound up without ever going into Administration. A better measure is ‘insolvency event’, a term which can however be defined […]
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Club round-up
Posted on July 29, 2010
A variety of snippets of insolvency and related news. Readers unfamiliar with events at particular clubs should use the Quick Club Links in the left side bar for postings passim. Ashford Town (Kent) Today’s the day of the Administration hearing (1) and a resolution (?) of the confrontation between Don Crosbie and Tony Betteridge, co-owners […]
Posted in Debts, HMRC, Insolvency | 7 Comments »
Insolvency overview
Posted on November 15, 2009
Three weeks is a long time in football management – it was only on 25 October that I posted my last overview. Previous ‘overviews’ can be accessed by clicking on the ‘Overviews’ tag at the top of the page. With a number of clubs things have become clearer, but for many the confusion has just […]
Posted in Debts, Fit and Proper Person tests, HMRC, Insolvency, Ownership | 23 Comments »
Administrations review extra
Posted on October 27, 2009
A couple more cases: A – In Administration Bromsgrove Rovers A club for whom it has all gone wrong since finishing second in the Conference in 1993, and which is the latest club to seek the cloak of Administration, succumbing earlier this month. In 2001 the club survived a winding-up order from HMRC and a […]
Posted in Debts, HMRC, Insolvency | 4 Comments »
Latest insolvency news
Posted on October 1, 2009
Accrington Stanley The Supporters Fund is in a stand-off with the club (1). It seems to have a position of strength and seems well placed to take over. Bromsgrove Rovers The club is planning to go into Administration (2 and 3). It seems there is a hidden struggle over future ownership of the club. Hyde […]
Posted in Debts, HMRC, Insolvency, Wages | Leave a Comment »
A movable famine, as it turned out
Posted on March 30, 2009
The third Thursday in March – the cut-off date for clubs going into Administration who look like they will be relegated but want to take this ten points deduction this season – has come and gone. With the financial increasing pressures on clubs, many observers had anticipated a flood of Administrations. These included Barry Hearn, […]
Posted in Insolvency | 1 Comment »
