City turn back to pitch battles
While Tom Coughlan expressed his confidence yesterday that the wind-up threat hanging over the club will be resolved, accountant Kieran McCarthy, who dealt with Cork City during the examinership process late last year, has denied any responsibility for what the club has described as “additional tax liabilities [which] subsequently emerged [resulting] from the club’s previous ownership”.
Mr McCarthy told the Irish Examiner last night that he had confirmed with the Revenue Commissioners that all liabilities have been incurred post-examinership – in other words after October 16 – the day Mr Coughlan’s takeover bid was approved by the High Court.
