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HMRC Files Bankruptcy Petition Against Iain Dowie With High Court Hearing Pending

Reports link his financial strain to a 2007 Crystal Palace court ruling that generated significant legal costs.

Overview

  • HM Revenue & Customs has petitioned to make the former Crystal Palace and Charlton manager bankrupt, with a High Court hearing expected in the coming weeks.
  • No bankruptcy order has been made at this stage, and Dowie has not responded publicly to requests for comment.
  • A 2007 court found Dowie misled Crystal Palace into waiving a £1 million compensation clause when he left for Charlton Athletic.
  • Contemporary reports put related legal fees near £800,000, and coverage notes the parties later reached an out-of-court agreement in 2008.
  • Outlets cite unnamed sources who suggest the old dispute may underlie his current finances, a link that has not been confirmed by Dowie.