Seems that somewhere the previous CVA was changed to paying only 10p in pound...not sure if football debts are the same as non-football debts.
What a rotten place this world is, when someone can go bust, pay a fraction of what they owe, come back and carry on like nothing ever happened. Yet football clubs get away with it time after time. I don't know what the answer is, but if justice were really done, there would be a lot less clubs around. Mine included.
tbh...there are worst cases. Pompey may have been careless, foolish or whatever, but there are businesses that take money deliberately, knowing they are going out of business, then restarting exactly the same business...that really makes me angry. Feel sorry for the little businesses and individuals that lose out. HMRC are really annoyed with the preferential treatment that football debts get...FA say that's because it's a business based on trust..sending tickets and assuming you'll get paid. Watch this space with the HMRC.
Not just football clubs meowth - that's business for you - I've seen it happen time after time where a business goes bust one day and the next day the same business, under another name, carries on where the other left off. The day business got involved in football is the day the supporters started losing.
The only way football finances will be sorted is when one or two big clubs are forced into liquidation instead of this constant cheating of local businesses and the public purse. I sincerely hope you are not the first. I wish you luck.
