Portsmouth Football Club will be back to face the high court in a couple of weeks after a judge ruled today that a "shadow had been cast over the appointment of Pompey's administrators."
The hearing today went on for nearly two hours and Pompey have now been given until Friday 12th to produce evidence of transactions between the club, Balram Chainrai and Portpin Ltd (Chainrai's company).
There were plenty of questions asked during the hearing, some of which couldn't be answered and others which raised some issues over the validity of payments between certain parties.
This article by The News tells you everything you need to know or might have missed. By the time you are finished reading it you will probably have 50 questions of your own, and yet nobody seems to have an answer for them.
All I will say is that although HMRC has come in for plenty of stick from Pompey fans in recent days, they may have provided a catalyst for a thorough investigation into the finances of the football club and the links between every character in this sorry saga.
It has been suggested that Andrew Andronikou and Balram Chainrai know each other personally and the fact that Chainrai appointed Andronikou rather than anyone from Vantis (the company that drew up the statement of affairs) could mean that there is more to this appointment than meets the eye.
If the administrators were independently appointed, then that could well mean that Pompey will not go into administration after all and although that would mean no 9 point deduction from the Premier League, it would also mean that HMRC have an extremely strong case to have Portsmouth FC wound up.
That is my biggest worry, but I feel that there are many more twists in this tale to come as the relationships between the Gaydamaks, Al-Faraj, Azougy, Chainrai and Andronikou are revealed.
One thing is for certain. The shadow over Portsmouth FC must be removed if Pompey fans are to ever claim that our club is really ours at all.
The hearing today went on for nearly two hours and Pompey have now been given until Friday 12th to produce evidence of transactions between the club, Balram Chainrai and Portpin Ltd (Chainrai's company).
There were plenty of questions asked during the hearing, some of which couldn't be answered and others which raised some issues over the validity of payments between certain parties.
This article by The News tells you everything you need to know or might have missed. By the time you are finished reading it you will probably have 50 questions of your own, and yet nobody seems to have an answer for them.
All I will say is that although HMRC has come in for plenty of stick from Pompey fans in recent days, they may have provided a catalyst for a thorough investigation into the finances of the football club and the links between every character in this sorry saga.
It has been suggested that Andrew Andronikou and Balram Chainrai know each other personally and the fact that Chainrai appointed Andronikou rather than anyone from Vantis (the company that drew up the statement of affairs) could mean that there is more to this appointment than meets the eye.
If the administrators were independently appointed, then that could well mean that Pompey will not go into administration after all and although that would mean no 9 point deduction from the Premier League, it would also mean that HMRC have an extremely strong case to have Portsmouth FC wound up.
That is my biggest worry, but I feel that there are many more twists in this tale to come as the relationships between the Gaydamaks, Al-Faraj, Azougy, Chainrai and Andronikou are revealed.
One thing is for certain. The shadow over Portsmouth FC must be removed if Pompey fans are to ever claim that our club is really ours at all.