Mon, 27 Sep 2010 | ADMINISTRATION
A £250,000 unpaid tax bill could tip Dundee Football Club into administration, it has been revealed.
HM Revenues & Customs are demanding immediate payment and, a senior Dens Park source added, “They are being completely inflexible, with no room for negotiation at all.”
The unwelcome news comes as Dundee’s main investor Calum Melville recently considered resigning from the club due to his own business problems.
Melville said: “I feel we are being treated differently from other clubs and I would have thought HMRC has a duty to treat everyone in the same fashion.”
Dundee FC has been behind on payments for 19 months, Melville added.
“We have offered £100,000, which has been rejected. I have also offered to pay the full amount in May next year and that also has been rejected.”
Melville, who has allegedly injected over £1.5 million into the club, expects that HMRC will communicate their decision next week. He believes there is a “distinct possibility of administration.”
This is the second time the club has faced administration in seven years. In 2003, Dundee escaped administration with debts of £23 million due to the support of fans’ group Dee4Life, which helped to raise funds.
The company designs and delivers electronic portfolios for organisations that capture and assess evidence for personal, professional, and organisation recognition, internationally. The company creates leading digital solutions that mirror and enhance...
A distributor of oils and ancillary cleaning products to a wide client base, and is not dependent on any one client or market sector. These Items are an essential component to ensure smooth operation of equipment and reduce wear & tear and reduce ope...
The company is an equestrian business comprising a popular retail store, accredited livery and riding facilities and a competitive events operation, operating from an attractive rural location in the East Midlands.
LEASEHOLD
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.