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03/02/2010 - Portsmouth, England (Sportsbook Betting Lines) - Portsmouth's future remains unclear as they have been told they must return to the High Court later this month after Her Majesty's Revenue and Customs challenged the club's decision to go into voluntary administration.
HMRC believes administrator Andrew Andronikou is not independent and a judge has agreed, ruling that there was a 'shadow cast over the appointment of Pompey's administrators'.
The club entered administration last Friday but have yet to be deducted nine points as their future remains shrouded in doubt.
It is believed that Pompey, who are more than $90 million in debt, need $10.5 million to survive until the end of March and more than $21 million to keep going until the end of May.
Judge Alastair Norris has ordered the club to produce evidence of the payments Portpin ltd has loaned to them by March 12 and, if the move into administration is not found to be valid, Pompey could be liquidated.
Mr Justice Norris said: "It will be necessary for it to be established that new money was given for the charges when granted.
"Unless that can be established the charges will be voided. The Revenue are concerned that no new money was given. The basis for that concern lies in evidence filed by the company in answer to the winding-up petition."
(Courtesy of sportbox.tv)
<< Oklahoma's Warren set for season-ending surgery
Norman, OK (Sportsbook Betting Lines) - Oklahoma has announced sophomore guard
Willie Warren will undergo season-ending arthroscopic surgery on his right
ankle Wednesday.
Warren originally injured the ankle January 21 in practice, then r
<< Flyers G Emery to have season-ending hip surgery
Philadelphia, PA (Sportsbook Betting Lines) - The Philadelphia Flyers announced on
Tuesday that goaltender Ray Emery will have season-ending surgery to repair
damage to his right hip.
The club had placed Emery, who has not skated since Febr
<< This Week in Auto Racing March 5 - 7
Las Vegas, NV (Sportsbook Betting Lines) - NASCAR returns to the East Coast, as the
Sprint Cup and Camping World Truck Series tackle one of the fastest tracks on
the circuit.
NASCAR
Sprint Cup Series
Kobalt Tools 500 - Atlanta Motor Speedw
<< Schalke signs teenage midfielder Matip
Gelsenkirchen, Germany (Sportsbook Betting Lines) - Schalke signed teenage midfielder
Joel Matip to a 3 1/2-year contract Tuesday.
Matip, 18, made his Bundesliga debut in November and has played 12 matches. He
has two goals. He could earn his first
Trucks back on track at Atlanta >>
Hampton, GA (Sportsbook Betting Lines) - Series: NASCAR Camping World Truck. Date:
Saturday, March 6. Race: E-Z-Go 200. Site: Atlanta Motor Speedway. Track:
1.54-mile oval. Start time: 2:00 p.m. (et). Laps: 130. Miles: 200.2. 2009
Winner: Kyle Busch. Tel
Terry won't lead England again under Capello >>
London, England (Sportsbook Betting Lines) - England manager Fabio Capello has confirmed
that Steven Gerrard will captain his side against Egypt at Wembley on
Wednesday in the absence of the injured Rio Ferdinand.
The Italian has also confi
U.S. searching for right mix against Dutch >>
Amsterdam, Netherlands (Sportsbook Betting Lines) - U.S. coach Bob Bradley assembled the
majority of his best players for Wednesday's match at the Netherlands, and the
last few spots on the World Cup roster could be decided at Amsterdam ArenA.
The Ame
Sharks D Vlasic hits IR; three recalled >>
San Jose, CA (Sportsbook Betting Lines) - San Jose has placed defenseman Marc-Edouard
Vlasic on injured reserve with a lower-body injury and recalled three players
from Worcester, the Sharks' American Hockey League affiliate.
Vlasic has been out
Terrell Owens could return for Cowboys next game
A bye week will allow Terrell Owens broken hand to recover just in time for the next game the Dallas Cowboys are slated to play, according to reports. MySportsbook.com, an football sportsbook, has posted football betting lines on TO playing.
Owens broke the bone leading to his right ring finger Sunday night and had a plate surgically attached to it Monday. Although Owens' hand was swollen and aching Wednesday, Dallas Cowboys coach Bill Parcells said he's optimistic the receiver will be back at work next week and catching passes a week from Sunday against the Tennessee Titans.
MySportsbook.com online sportsbook listed Terrell Owens with odds of 7-2 (or $7 paid out for every $2 bet) to return back for the game against Tennessee.
"I certainly wouldn't rule it out now," Parcells said, referring to Terrell Owens immediate return. "Maybe five days from now I might, but I wouldn't rule it out now. ... I know we're looking to try to get him moving around pretty good in the next day or so. So we'll see where we are."
Owens did not speak with reporters Wednesday, but said Sunday he'd be out two to four weeks. A return against the Titans would be 13 days after the surgery. The Cowboys were listed as an early -7 1/2 favorite vs. the Tennessee Titans for Week 4 at MySportsbook.com
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