foxsports
The club has argued that the VAT portion of its massive tax bill is too high by £7.5million, but failed to convince Mr Justice Newey of this on Tuesday. A spokesperson for the Judicial Communications Office said: "At the High Court today (Tuesday) Mr Justice Newey dismissed an application from Portsmouth Football Club Limited for a winding up petition to be struck out. A further hearing to consider HMRC's winding up petition will take place in due course." That hearing is now expected on February 10, and the outcome could send Portsmouth a step closer to being the first Premier League club to drop into administration.
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