Portsmouth to be docked more points

[Nobby's Betamax Video]

Can't the FA or Football League insist that some of the FA Cup Final income they would have got is passed directly to some of their creditors?

Especially thinking of that charity they stitched up and small local firms etc.

Be a really good PR move by the authorities, sort the "little people" out and give Pompey what they deserve.

 

[Westdene Seagull]

Can't the FA or Football League insist that some of the FA Cup Final income they would have got is passed directly to some of their creditors?

Especially thinking of that charity they stitched up and small local firms etc.

Be a really good PR move by the authorities, sort the "little people" out and give Pompey what they deserve.

I'm not sure they can legally do that now they're in administration - I thought the administrator had to deal with all creditors.

 

[Easy 10]

The FA / FAPL / Football League insist all football debts are settled first.
The various trade debts, HMR&C and the childrens cancer trust charities obviously have to come behind Chelsea getting the remaining £1.8m due on Glenn Johnson.

 

[Gwylan]

The FA / FAPL / Football League insist all football debts are settled first.
The various trade debts, HMR&C and the childrens cancer trust charities obviously have to come behind Chelsea getting the remaining £1.8m due on Glenn Johnson.

There is, of course, nothing stopping Chelsea, Spurs et al waiving their debts and insisting that the likes of the charities, schools, florists, milkmen etc get paid first.

Pause for laughter ....

 

[Horton's halftime iceberg]

The media are always telling us they have the best supporters ever. I am sure this loyal fanbase will sell out everygame for the next few years and pay off their debts.

The FA really need to manage the crooks that buy football clubs better.

 

[Easy 10]

There is, of course, nothing stopping Chelsea, Spurs et al waiving their debts and insisting that the likes of the charities, schools, florists, milkmen etc get paid first.

Pause for laughter ....

Apparently Pini Zahavi ("super agent") is owed just over £2m from various deals brokered, he's nearer the front of the queue than most. You wouldn't want to see him go without a new Lambo now would you ?

 

[Acker79]

Martin Samuel raised a point about the football debts first thing that may not be obvious if you concentrate on player wages and agents fees.

The football debts include monies owed in transfers, etc. The folding of one club, without the stipulation of football debts being paid first, could lead to the folding of other clubs.

I'm not saying it makes it right, but it's easy to criticise the stipulation while focusing on the players' and agents' fees and ignoring the other impact of it.

 

[strings]

Surely if Chelsea and other football club (with the money) were feeling generous, they could buy the debt off the charities.

Therefore the charities would get their money and so would Chelsea as they are still at the front of the queue, because the money owed is football-related.

 

[Easy 10]

Martin Samuel raised a point about the football debts first thing that may not be obvious if you concentrate on player wages and agents fees.

The football debts include monies owed in transfers, etc. The folding of one club, without the stipulation of football debts being paid first, could lead to the folding of other clubs.

I'm not saying it makes it right, but it's easy to criticise the stipulation while focusing on the players' and agents' fees and ignoring the other impact of it.

But all the while agents fees, players wages and "image rights" are lumped in with transfer fees and all rolled up into one neat little package labelled 'Football Debts', which are automatically at the front of the queue, it inevitably leads to some particularly revolting circumstances whereby multi-millionaires get first dibs on any cash that becomes available, whilst your florists, schools, and charities for dying kids are a long, long way back. Its just so f***ed up.

I've said it before. I STILL do not understand for the life of me how the football authorities can seemingly lawfully and arbitrarily declare that football debt comes before everything else, even before the taxman. It makes absolutely no sense to me.

 

[Kinky Gerbil]

There is, of course, nothing stopping Chelsea, Spurs et al waiving their debts and insisting that the likes of the charities, schools, florists, milkmen etc get paid first.

Pause for laughter ....

Spurs are owed Millions by them, they are not going to wipe that.

Much how I agree smaller buisnesses get paid first

 

[beorhthelm]

I've said it before. I STILL do not understand for the life of me how the football authorities can seemingly lawfully and arbitrarily declare that football debt comes before everything else, even before the taxman. It makes absolutely no sense to me.

because they can and to look after the rest of the teams/members. its quite rational really, remember the FA/FL/EPL are run by and in the interests of their members, the other clubs. the only problem is they dont go *further*, stipulating better rules on ownership and company makeup for clubs. and getting rid of the agents.

 

[BensGrandad]

It still amazes me that the football authorities can INSIST that football debts are settled first when it is the law of the land that HMRC are preferential creditors. Surely that should take priority and after the preferential creditors the football debts could be paid. If the club cannot fulfill those obligations then they should not be allowed to participate in the league.

When a prospective new owner comes in to buy a club they should then insist that a condition of acceptance as a fit and proper person etc is that football debts are honoured within a limited time scale or further points deduction will follow. Would a club then go into administration so easily if such measure were in force? Would somebody buy Leeds, Southampton, Palace, Portsmouth etc on the cheap and then invest thousands, knowing they have to clear the football debts first or be back in square one with points deduction of course they wouldnt.

 

[strings]

I'm surprised that there has been no legal challenge to the 'football debts first' rule. You would have thought that HMRC would have challenged it even if they had only the slightest chance of winning.

 

[beorhthelm]

It still amazes me that the football authorities can INSIST that football debts are settled first when it is the law of the land that HMRC are preferential creditors.

apparently that is no longer the case, and was never actually law, rather accepted practice.

the bigger question follows is why does the HMRC allow them to go for so long, do they give similar sized business so mcuh leeway to run up tens of millions in unpaid tax?

 

[Gwylan]

Spurs are owed Millions by them, they are not going to wipe that.

Er...that's exactly the point I was making.

The clubs who don't need the money will happily see more deserving causes go without.

 

[Easy 10]

because they can and to look after the rest of the teams/members. its quite rational really, remember the FA/FL/EPL are run by and in the interests of their members, the other clubs. the only problem is they dont go *further*, stipulating better rules on ownership and company makeup for clubs. and getting rid of the agents.

But surely when it comes to HMR&C, it should quite literally go without saying that they get paid first, like it does with the rest of us. As a business, if you're not paying your PAYE / VAT / National Insurance, then that should be setting off alarm bells left, right and centre straight away that all is not well.

I am AMAZED that the footballing authorities can get away with this abitrary rule, and cannot get my head round why its never even been challenged.

 

[Kinky Gerbil]

Er...that's exactly the point I was making.

The clubs who don't need the money will happily see more deserving causes go without.

Why do Spurs not need the money?

 

[Brighton Breezy]

Should not have been allowed to stay in the cup.

 

[Kinky Gerbil]

Should not have been allowed to stay in the cup.

My only problem was them playing players they had sold outside the window.

 

[BensGrandad]

Should not have been allowed to stay in the cup.

I agree with that and would go further and add Football League for next season. Or at the least put back to Square One ie Div 2 that would make clubs think more seriously about going into administration. It is hard on the fans but didnt we suffer because of the board and their dealings.