Portsmouth's future remains unclear

Soccer Betting Lines

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)

Footballl365 Soccer Betting News

<< Zidane refuses to apologize to Materazzi
Milan, Italy (Sportsbook Betting Lines) - Former France, Juventus and Real Madrid star Zinedine Zidane has refused an offer to apologize to Inter Milan defender Marco Materazzi over the head-butt incident that marred the 2006 World Cup Final.

<< 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

Johnson on the right track heading to Atlanta >>
Hampton, GA (Sportsbook Betting Lines) - Series: NASCAR Sprint Cup. Date: Sunday, March 7. Race: Kobalt Tools 500. Site: Atlanta Motor Speedway. Track: 1.54-mile oval. Start time: 1:00 p.m. (et). Laps: 325. Miles: 500.5. 2009 winner: Kurt Busch. Televisi

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

Matt Kenseth And Kevin Harvick Favorites To Take NASCAR Nextel Cup Championship

(September 15)—The NASCAR season has hit the homestretch with the opening event on this year’s Chase for the Cup taking place this weekend at the Sylvania 300 at New Hampshire International Speedway. With 10 races remaining to determine the Cup Series champion, leading online sportsbook MySportsbook.com today announced odds on all 10 Chase qualifying drivers capturing the NASCAR Sprint Cup Championship.

One of the largest sportsbook sites on the Internet, MySportsbook.com currently lists the top two drivers in the point standings as the early favorites to win the Nextel Cup. Entering the Chase for the Cup with a slim five-point lead in the point standings, 2003 NASCAR champ Matt Kenseth has been made a slight favorite to win his second Cup at 7/2 betting odds. 2001 Cup Rookie of the Year Kevin Harvick has betting odds listed at 5/2 and four-time NASCAR champion Jeff Gordon is listed at 6/1 to capture the Nextel Cup this year.

Hoping to follow in the footsteps of his legendary father who won six NASCAR titles, Dale Earnhardt Jr. stands at 8/1 to breakthrough with his first Cup victory. Staying with the family theme, MySportsbook.com lists 2005 Rookie of the Year Kyle Busch at 14/1 to succeed big brother Kurt’s 2004 NASCAR title. While Kasey Kahne was the final driver to qualify for the Chase with a third place finish last week, the oddsmakers give him a fighting chance at 10/1 mainly due to several mile-and-a-half tracks remaining on the schedule. Despite going winless on the NASCAR circuit this season, Jeff Burton enters the Chase at 5/1 to capture the Cup title. Meanwhile, rookie Denny Hamlin is 4/1 to win the championship, while veteran driver Mark Martin enters the Chase for the Cup as a 15/1 long shot to win his first NASCAR title in his 24th and final season.

MySportsbook.com will offer comprehensive Nascar betting lines on every race remaining on the Nextel Cup series including driver match-ups, props and odds to win each race. For a complete list of NASCAR odds, please visit www.MySportsbook.com.

To visit this online sportsbook got to MySportsbook.com for all your Sportsbook accepts US credit cards needs.