Taxing times for the Premiership
Published 24/10/2010 | 11:33
Tax debts could force a mass collapse of Carling Premiership clubs.
As many as six clubs are in danger of going under with Glentoran facing the biggest threat over a £250,000 unpaid tax demand.
The fear of meltdown for the league has led concerned IFA Chief Executive Patrick Nelson to seek a stay of execution from the tax authorities.
He said last night: “Obviously there are obligations to be met, much of it historic debt. But the message we are trying to get across to the tax people is that the IFA has taken steps to prevent clubs getting into this position again.”
Glentoran had no problems on the pitch yesterday as they destroyed Dungannon Swifts in the Co Operative Insurance Cup but rivals Linfield crashed out on penalties at Newry City.
For the full story, see this week's Sunday Life.