Portsmouth tax files inspected by insolvency experts

The club were ordered at the High Court to produce a statement of their affairs by next Wednesday. Bankruptcy registrar Christine Derrett said she suspected that Portsmouth were trading while insolvent, and demanded evidence to the contrary.  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. 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. 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. 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. 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.' Grant has until next Thursday to respond to the charge, which will be heard by March 5. Tottenham manager Harry Redknapp appeared at City of Westminster Magistrates' court on Thursday charged with two counts of tax evasion. Redknapp, 62, is charged with cheating the public revenue of about £40,000 when he was Portsmouth manager. Ex-Portsmouth owner Milan Mandaric, 71, now Leicester chairman, appeared charged with a similar offence. Neither entered a plea and both were released on unconditional bail. The case was adjourned until 14 April.

Source: Telegraph