Notts County FC caught offside in wrangle over unpaid invoices
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City Law Financial has launched a legal battle with former client Notts County Football Club, claiming £300,000 in unpaid fees.
The financial services boutique began acting for the Midlands club in July 2009, shortly after its takeover by the Middle Eastern Munto Finance consortium.
Led by partners Helen Mulcahy and Paul Fallon, the firm advised the club throughout its successful fight against a winding-up petition in January. The relationship ended in February.
City Law is suing the club and its parent company Blenheim 1862, claiming more than £300,000 worth of unpaid invoices, according to a claim filed at the High Court last month.
The 10 invoices making up the claim are for general litigation, commercial and corporate and tax issues. They were issued between November 2009 and February 2010, and total £333,485.
The firm has also taken action in the Mayor’s and City of London County Court for one invoice amounting to £45,670.49.
Notts County won promotion to League 1 in May after Munto Finance sold it for a nominal fee the previous December. The club declined to comment on the claim.
Readers' comments (6)
lesley | 16-Aug-2010 4:36 pm
7months work for £333,485.00 this is disgusting ! how many actual working hours is this for ? and how much an hour are these people paid.
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Sven | 16-Aug-2010 5:35 pm
erm, I think I got a bit more for the same number of months. Some of my players got more than that for kicking a ball up and down a field (mainly kicking it up though because a better team cannot score if the ball is 20 feet up in the air). As for the ladies of Nottingham well what can I say?
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Peter | 16-Aug-2010 5:39 pm
Typical solicitors, charging ludicrous fees for sod all work. Worse than muggers.
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Anonymous | 18-Aug-2010 10:40 pm
Oh yes, it's all the nasty lawyer's fault.
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Ashley Balls | 19-Aug-2010 0:02 am
Oh dear how sad. Quite how a bill was run up for this amount with no interim payments is well, amazing. I would be happy to help apply some sensible WIP & Debtor management processes - that actually work, for a modest and pre agreed fee of course.
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Davey Boy | 19-Aug-2010 12:20 pm
Look, if you do the maths the figure comes to 29 hours a week at £400 for the seven months (that's based on a 4 week month I might add).
Divide that £400 between 3 fee earners and you're looking at £133 an hour.
Question - with Notts County working through 'interesting times' for those seven months is it a stretch to imagine 3 fee earners each spending 29 hours a week working on their behalf.
Answer - no.
Jesus people, come on.
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