Shelbourne faces winding up petition for tax bill

The tax liability case against Irish Shelbourne is scheduled to go to High Court next month according to The Irish Times. This is the third time this year that Revenue has filed the winding up petition against the Irish club.

In March and August, the Revenue petitioned to shut down Shelbourne, but the club came to an agreement to pay the taxes before the court hearings.

Those petitions were against Accolade, a holding company backing Shelbourne, but the current petition is against Shelbourne FC, which is where the money for the club's wages comes from.

Ollie Byrne, chief executive and owner of Shelbourne, said the outstanding tax bill would be paid in the next few days.

"Don't worry about that, it will be sorted," said Byrne. "I will have paid nearly EUR1 million in taxes in a year. I will be the most up-to-date person in the history of football."

Byrne said the Revenue wants payment of about EUR 100,000 in current taxes and that Shelbourne paid EUR 104,000 to the Revenue last November-December in back taxes, another EUR 120,000 in October and EUR 300,000 earlier this year.

The March winding-up petition was dropped after Revenue and Shelbourne agreed to a payment schedule, but the Revenue returned to the High Court in August after Shelbourne defaulted.

"They wanted us to do it their way, which was not practical," Byrne said. "You agree to get them off your back."

Source: euFootball.BIZ © Copyright 2006 - All rights reserved.