PORTSMOUTH, England – Portsmouth says the second-tier club’s bank accounts have been frozen after the British tax authorities moved to recover unpaid tax.
The authorities are owed 1.6 million pounds ($2.5 million) according to the Championship club’s administrator, and have asked for a winding up order — which will be heard in court on Feb. 20.
Portsmouth says on its website that “the club’s bank accounts have been frozen, which is the normal process in these circumstances.”
It also says it has applied to the court to have its bank accounts unfrozen “so that staff wages and suppliers can be paid.” The club expects to be able to use its account again “by the end of the week.”
