Hearts FC misses tax deadline

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Hearts Football Club has been unable to pay all of its tax bill of £100,000 that is due today (11 June). Nick Huber reports.

The Edinburgh club has paid the majority of its tax bill but not the full amount, AccountingWEB understands.

The failure to pay the tax bill will lead to HMRC issuing the club with a winding up order. There will be a further deadline of seven days from the notice of the winding up order being made public.

Hearts face uncertainty with a debt of...

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Yet another club that has been guilty of financial doping for years.

Time to introduce the Bundesliga model where clubs have to submit robust financial plans in advance of a new season to be allowed to compete.

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Anyone else spot the irony?

A football club with cash shortage sponsored by ...

Wonga

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Really hoping that the introduction of Financial Fair Play will help sort this out for all clubs in England. No better example of a fall from grace than Portsmouth. FA Cup final to consistent away days in front of crowds of 3000. A sorry state of affairs.

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