Pompey bullish despite new blow
Portsmouth believe they can have the winding up petition brought against them by HM Revenue and Customs struck out on appeal despite losing yesterday’s initial ruling as the south coast club does its utmost to fend off possible administration.
Yesterday High Court Judge Mr Justice Newey ruled against the club after they argued the VAT portion of its massive tax bill was over-valued by £7.5m (€8.5m).
But after describing his deliberations as “difficult”, Mr Justice Newey granted the club the right of appeal.
Should the expected appeal be successful then yesterday’s ruling would be reversed
and the HMRC’s decision struck out before the petition reaches a final hearing.
In a statement released in conjunction with Portsmouth’s legal representatives, Neumans LLP, the club said: “We would like to once again thank supporters for their continued support and patience.
“The owner, the board and associates would like to assure fans that they are working hard towards a positive solution and are confident that this matter will be resolved in our favour.”
There is a seven-day window for Pompey to lodge their appeal.
