| Updated:
Revenue contests footie debt rule
Revenue & Customs has filed a writ against the Premier League in a bid to overturn the creditors rule. Under the rule, clubs coming out of administration must first settle football debts in full, while other creditors, such as Revenue, are paid later and often receive only a fraction of the sums they are owed. Revenue has pointed to examples such as Portsmouth, where, after the club went into administration, it may be paid 16 per cent of the £17m it claims to be owed, while debts to other clubs and players of about £23m are paid in full. The Premier League said it intended to “robustly defend its position”.