31 Jan 2012

Cash-strapped Portsmouth has accounts frozen

9:34 am on 31 January 2012

The former Premier League football club Portsmouth's woes continue.

The southern English side's bank accounts have been frozen as part of a winding-up order from British authorities over the now-Championship side's failure to pay a STG1.6 million tax bill.

The move has left the club from England's south coast, who won the FA Cup four years ago, unable to pay players and staff.

However, a statement on the club's official website said they hoped this latest setback would be reversed by the weekend.

News of the accounts freeze came while a London court continued to hear evidence in the tax evasion trial of former Portsmouth chairman Milan Mandaric and ex-manager Harry Redknapp, now in charge of Premier League highflyers Tottenham Hotspur.

Both men deny charges of cheating the public revenue.