Pompey told to pay up

[BRIGHT ON Q]

Look at there starting line up and they are mostly premiership players.Absolute joke.

 

[Cheshire Cat]

Could somebody explain the tax implications of this?

 

[Barrel of Fun]

Could somebody explain the tax implications of this?

PAYE on the current crop.
VAT on tickets, merchandise and refreshments.

They are now living 'within their means'. The administrator is going to stick around for a while. That is why he is happy to have a Genoa type incident. He will be taking a hefty sum home.

Football is magic.

 

[Cheshire Cat]

Ironies upon ironies

Portsmouth angry at Genoa's failure to settle Kevin-Prince Boateng debt | Football | guardian.co.uk

"Portsmouth angry at Genoa's failure to settle Kevin-Prince Boateng debt
• Pompey complain to FA and Italian federation over transfer fee
• 'We've been listening to excuses. We've had enough' "

 

[Cheshire Cat]

PAYE on the current crop.
VAT on tickets, merchandise and refreshments.

They are now living 'within their means'. The administrator is going to stick around for a while. That is why he is happy to have a Genoa type incident. He will be taking a hefty sum home.

Football is magic.

But what about the corporation tax etc on the "income" that Portmouth appear to have (not?) received for this deal?