Portsmouth tax files inspected by insolvency experts

11 February 2010 20:20
The club were ordered at the High Court to produce a statement of their affairs by next Wednesday. [LNB]Bankruptcy registrar Christine Derrett said she suspected that Portsmouth were trading while insolvent, and demanded evidence to the contrary. [LNB] Related ArticlesFA charges Avram Grant after referee rowGrant: I cannot fight against whole worldSport on televisionPompey's fall a dreadful day for Premier LeaguePortsmouth Q&AHow football could solve problems like PortsmouthVantis PLC, a tax and business advisory group, began compiling the crucial document on Thursday. [LNB]A club source predicted that the financial position will improve before the next court date, with the injection of fresh funds from new owner Balram Chainrai, or an associate, a possibility. [LNB]The FA has charged Portsmouth manager Avram Grant with improper conduct for confronting referee Kevin Friend at half-time during Tuesday's 1-1 draw with Sunderland. [LNB]Grant squared up to Friend after the half-time whistle after seeing two penalty claims turned down and having Ricardo Rocha dismissed for conceding the penalty which led to Darren Bent's 12th-minute opener at Fratton Park. [LNB]Grant also ranted after the game about decisions going against his side, but an FA statement on Thursday confirmed: 'The charge relates to Grant's behaviour towards referee Kevin Friend at the conclusion of the first half of Portsmouth's match against Sunderland at Fratton Park on February 9.' [LNB]Grant has until next Thursday to respond to the charge, which will be heard by March 5. [LNB]Tottenham manager Harry Redknapp appeared at City of Westminster Magistrates' court on Thursday charged with two counts of tax evasion. [LNB]Redknapp, 62, is charged with cheating the public revenue of about £40,000 when he was Portsmouth manager. [LNB]Ex-Portsmouth owner Milan Mandaric, 71, now Leicester chairman, appeared charged with a similar offence. [LNB]Neither entered a plea and both were released on unconditional bail. The case was adjourned until 14 April. [LNB]

Source: Telegraph