Mark Hovell, partner, George Davies Solicitors

Opinion: The ins and outs of the football creditor rule

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  • Um ... no formal insolvency procedure at Portsmouth?
    Correct me if I am wrong by all means ... but was there not a winding-up petition presented in December 2009, an administration (administrators appointed in February 2010), a CVA (challenged, unsuccessfully, in August 2010) and finally a winding-up order on the original petition following exit from administration at the beginning of 2011?
    That looks like quite a lot of formal insolvency procedures to me!

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