The firm of accountants tasked
with the administration of Portsmouth FC has apparently landed
itself in further hot water after allegedly refusing to pay for a
number of advertising screens leased by the embattled football
club.
According to a source close to the
administration, UHY Hacker Young initially refused to include
arrears on the screens of £85,000 in administration expenses, but,
as of 6 May, had gone back on the decision.
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It is not known whether the change
of heart was related to the revelation that UHY itself used the
screens to advertise, as illustrated by an image obtained by
Leasing Life which seems to show an ad running during a
recent FA Cup tie between Portsmouth and Birmingham City.
Andrew Andronikou, the
administrator responsible for dealing with Portsmouth at UHY, was
not available for comment at time of writing.
Andronikou, a partner at the
company, hit the headlines in March this year when The Sunday
Times revealed he was “severely criticised” by a High Court
judge for “manifestly inappropriate” conduct during another
insolvency.
The newspaper also reported he was
under investigation over another collapsed company and that HMRC
had forced his replacement with a new liquidator.
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By GlobalDataHe is said to have been “surprised”
by the investigations into his past and dismissed allegations of
IVA vote rigging in the personal insolvency of a fashion
tycoon.
Andronikou also stringently denied
any impropriety in relation to his conduct as liquidator for a
London-based commercial laundry company.
He said the decision to step down as liquidator had been a
“pragmatic” one as the case had become “too political”, according
to The Sunday Times report.
