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Premier League launch petition against HMRC

The Premier League has taken action to attempt to stop HM Revenue and Customs from bringing an end to the football creditors’ rule.

HMRC believe the rule, which helps football clubs when exiting administration, is ‘unlawful, unfair and unacceptable’ whilst a Premier League spokesman told The Telegraph: "We will robustly defend our position."

HMRC are required to see off a Premier League petition in the High Court against the case before any claim is heard.  The rule in question means clubs pay transfer fees and player wages which then often leaves unsecured creditors, including HMRC, receiving only a small part of what a club owes them.   

The petition is set to be heard next month.

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