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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
Now, it's okay to call the league hypocritical when it releases injury reports, which players have told me only helps bettors. And it's okay to mutter something obscene when the league pretends gambling doesn't help drive TV ratings and fan interest and put money in owners' pockets. But when it supports other forms of gaming? Big Deal. The Bears should put an orange "C" on every deck of cards dealt at Harrah's in Joliet; the Eagles should slap their logo on roulette wheels at the Borgata in Atlantic City; the Dolphins should hold training camp at the El San Juan in Puerto Rico.
Seriously.
The NFL's problem, when it comes to the gambling world, isn't hypocrisy, it's worse: The bosses lack vision. That's why the league is picking unwinnable fights in Delaware and taking pot shots from critics after making smart sponsorship deals. Roger Goodell and his gang are acting and thinking locally rather than globally, which is rare for them, especially compared to their professional (and amateur) counterparts.
The NBA held its All Star game in Las Vegas and David Stern's kingdom didn't crumble (although the town did bring plenty of players to their knees.) I'd say it's 6 to 5 and pick 'em that Lebron will make a road swing through Sin City before his career is over.
Even the NCAA College Football Betting is more progressive on this issue than the NFL. Several years ago Rachel Newman Baker, college sports' gambling czar, opened a dialogue with Vegas bookmakers to learn about how they do business. She's visited Nevada sports books, studied their operations and listened to how they regulate action. Now she knows she can expect a call from bookmakers, who lose money when sports are fixed, if they think something sketchy is going on in NCAA games. She's not in favor of sports betting, but, as she once told me, "I know it's not going away, either."
The NFL can't seem to accept that. And until it can find peace with the idea, it'll get flack, even when it's right.
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