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  1. www.bbc.co.uk › sport › footballReading: HMRC lodges second winding-up petition of year ... - BBC

    Oct 31, 2023 · Reading have been served with another winding-up petition by His Majesty's Revenue & Customs over unpaid taxes. It is the second time in four months the club has been threatened with liquidation ...

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  3. www.accountingweb.co.uk › tax › business-taxReading FC receives winding-up petition from HMRC

    • The Charges
    • Mixed Signals
    • A Systemic Issue?

    Reading was pulled up after a non-payment of PAYE to HMRC. Only a week prior, the Royals were also accused by the EFL of not paying their players’ wages in full and on time over multiple months during the 2022/23 season. Reading’s owner Dai Yongge has also been charged with causing the club to be in breach of the EFL’s financial regulations. This i...

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    In light of the recent news, a pressure group named 'Sell before we Dai' is looking to persuade the club's owner to sell up. The groups spokesperson Nick Houlton has argued that “despite his best intentions Mr Dai's stewardship has been an unmitigated disaster”. However, the football club's CEO Dayong Pang told fans in an open letterthat he was "co...

    See full list on accountingweb.co.uk

    Sofia Thomas, head of tax at Juno Sports Tax, paints a very different picture to that of Reading’s CEO. She argued that the Royals’ recent financial woes are indicative of a wider systemic issue within league football and the “uncertainty that clubs are faced with each season”. “Of course, best practice is to ringfence funds for tax payments. Howev...

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    • Will Cole

  4. www.bbc.co.uk › sport › footballReading: HMRC lodges winding-up petition against League One Club

    Jun 27, 2023 · Reading have been served a winding-up petition by His Majesty's Revenue & Customs over unpaid tax bills, as the crisis at the club deepens. The financially troubled League One club is already ...

  5. www.bbc.co.uk › sport › footballReading FC: League One club due in court on 9 August over ...

    Jul 10, 2023 · League One Reading will appear in court on 9 August over an unpaid tax bill. The club was served a winding-up petition, which is issued when a debt has been ignored for three weeks, by HMRC in June.

  6. www.readingchronicle.co.uk › sport › 23652336Reading FC embargo cleared after overdue tax bill paid

    Jul 13, 2023 · The club had been issued a winding-up petition by HMRC, and set a date in court of August 9, however on Wednesday evening (12/7) the remaining figure was paid. CONFIRMED: #ReadingFC are no longer ...

    • James Earnshaw

  7. www.readingchronicle.co.uk › sport › 23645386Reading FC face day in court as tax bill remains unpaid

    Jul 10, 2023 · HMRC winding-up petition hearing for #ReadingFC is listed for 9th August, 1030am. Linked to unpaid tax bills. Club has so far not commented. @BBCSouthNews @BBCSport. The petition can can be ...

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  9. therealefl.co.uk › 2023/07/10 › reading-set-courtReading Set Court Date Over Unpaid Tax Bill - The Real EFL

    Jul 10, 2023 · Reading Football Club will appear in court on August 9th over an unpaid tax bill according to The BBC. HMRC served the Royals a winding-up petition in June, which was issued after debts had been ignored by the Club for three weeks. If the debt can be settled before next month’s court date, it could be dismissed or withdrawn.