Hearts are to go into administration, the club has confirmed.

Detectives have smashed a massive multimillion-euro diesel laundering plant in one of the biggest cross-border operations of its kind in Ireland or the UK.

The commission appointed by the Scottish Premier League to rule on alleged undisclosed payments to Rangers players will announce its findings later today.

Hearts have told their supporters that that club is not in danger – despite administrators moving into Vladimir Romanov’s Lithuanian bank.

Big companies in Britain now pay less tax than they did 12 years ago despite a big jump in profitability, a Reuters analysis of official data has shown.

Hearts have announced a resolution has been agreed with Her Majesty’s Revenue and Customs in a dispute over tax and national insurance contributions.

Charles Green has outlined his vision of Rangers as a profit-making exercise able to exploit its name across the globe after succeeding in securing the club for his broad ownership group.

Ticketus remain happy to work with Paul Murray despite the former Rangers director announcing his Blue Knights consortium were taking a step back from the race to buy the club.

Rangers’ administrators expect to make an announcement next week regarding new information they have received relating to the club’s finances.

Rangers chairman Craig Whyte will not attend the club’s first match since going into administration today, which is expected to see fans pack Ibrox to capacity.

Rangers’ administrators have expressed concerns about the running of the club since Craig Whyte’s takeover in May last year.

Rangers’ administrators today said they have received “several expressions of interest from parties not connected to the club” since taking over the running of the Scottish league champions.

Rangers were forced into administration yesterday over an unpaid tax bill of £9 million (€10.7m) — accrued since Craig Whyte’s takeover.

Rangers were today deducted 10 points by the Scottish Premier League after appointing administrators following a legal debate with Her Majesty’s Revenue and Customs.

Rangers chairman Craig Whyte will put off the club’s AGM until the new year in a bid to ensure a more positive meeting.

A BANKRUPTCY petition against former England footballer Paul Gascoigne was dismissed at the High Court yesterday.

A bankruptcy petition against former England football star Paul Gascoigne was dismissed at the High Court in London today.

Bankruptcy moves against former England football star Paul Gascoigne have been put on hold again until next month.

Former England football star Paul Gascoigne promised at the High Court today to pay off his debts to the taxman to avoid the threat of being made bankrupt.

Sheffield Wednesday FC have today been issued with a winding-up order by Her Majesty’s Revenue and Customs, the club have said in a statement.

Preston are the latest club to be plunged into financial crisis after being hit with a winding up petition from Her Majesty’s Revenue and Customs.

Portsmouth will return to the high court tomorrow where Her Majesty’s Revenue and Customs will officially accept their move into administration.

Portsmouth’s hopes of survival were today given a major boost when Her Majesty’s Revenue and Customs accepted the club’s move into administration.

Portsmouth expect to be told today that Her Majesty’s Revenue and Customs accept the club have entered administration legitimately.

The Premier League will await the outcome of Portsmouth’s High Court appearance later today before considering the stricken club’s future.

Portsmouth must return to the High Court tomorrow after Her Majesty’s Revenue and Customs challenged their voluntary administration.

SO, Portsmouth fans have had to accept the lesser of two evils: certain relegation – it’s doubtful the win at Turf Moor will make any significant difference – as opposed to extinction at the hands of the High Court this morning.

PORTSMOUTH chief executive Peter Storrie is hopeful that a South African consortium will complete a deal to buy the cash-strapped south-coast club today.

Crisis club Portsmouth have confirmed they have asked the Premier League if they can sell players outside the transfer window.

Portsmouth chief executive Peter Storrie discussed walking away from football after an ugly confrontation with Southampton fans at the weekend as he left St Mary’s with his wife.

Fulham 4 Notts County 0

Southampton 1 Portsmouth 4

Portsmouth were kept in business yesterday following a High Court hearing and now have a week to prove they have an adequate plan to pay off their debts.

PORTSMOUTH claimed to have received two “serious” offers to buy the club during a hearing at the High Court when they were granted extra time to fight a winding-up petition from Her Majesty’s Revenue and Customs yesterday.

Portsmouth claimed to have received two “serious” offers to buy the club during a hearing at the British High Court when they were granted extra time to fight a winding-up petition from Her Majesty’s Revenue and Customs.

Former Tottenham chairman Alan Sugar has criticised the “irresponsible manner” in which he thinks most football clubs’ finances are run, with Portsmouth facing the threat of being wound up today over an unpaid tax debt.

Portsmouth head to the High Court this morning and will attempt to secure an adjournment in hearing their appeal against a winding-up petition.

Portsmouth chief executive Peter Storrie remained locked in talks with representatives from Her Majesty’s Revenue and Customs this afternoon over a bid to halt a winding-up order against the club.

THE wife of beleaguered Portsmouth coach Avram Grant has launched an astonishing defence of his behaviour after he was outed as the Premier League boss who visited a brothel last December.

Portsmouth have a fourth owner within six months after a takeover by Hong Kong businessman Balram Chainrai was confirmed today – and the club could have a fifth before the season is out.

Udinese today confirmed they will take Portsmouth to the Court of Arbitration for Sport in a bid to recoup money they claim to be owed following the sale of Sulley Muntari.

Portsmouth’s financial woes have increased after the club confirmed today they are being sued by Sol Campbell for fees and bonuses their former defender claims he is owed.

Portsmouth remain confident their off-field financial issues will be resolved with chief executive Peter Storrie insisting it will soon be business as usual again at Fratton Park.

Avram Grant is convinced Portsmouth still have what it takes to survive in the Barclays Premier League, despite a resounding 4-1 home defeat to Arsenal and more financial worries.