Rangers Liquidation

[MiK1138]

He'll Knead to Rise to the occasion of a Petrofac(WHO?) Cup 1st round Tie

 

[mr messy]

Heard a whisper that Carol Vorderman being brought in for the baps and buns.

 

[mr messy]

Does anyone know which side the new manager's bread is buttered on? Is he really an ex city trader or is that just a load of boule?

 

[Joey Shabadoo]

Never mind that, what school did he go to?

 

[J1888]

Never mind that, what school did he go to?

John Knox Secondary Modern

 

[Pro Tour Punditry]

Charles Green charged
http://www.bbc.co.uk/news/scotland/glasgow_and_west

 

[threebikesmcginty]

John Knox Secondary Modern

Is that the one they mean when they talk about the school of hard Knox?

 

[tug benson]

As has been said many times by a lot of our fans, its been one big stitch up from the start..

 

[Pro Tour Punditry]

Another "stitch up", this time from HMRC.
http://www.bbc.co.uk/news/uk-34720850

And the issue of "sporting advantage" raises its head once again...the earlier "no competitive advantage" nonsense seems like, err, nonsense. As anyone not a Rangers fan knew all along.

 

[Pro Tour Punditry]

...but any financial penalty will apply to old Rangers, not new Rangers.....

You're not trying to say that Rangers are only a few years old I hope

 

[mr messy]

Makes you wonder why hmrc continue to pursue this when we're hearing they're at breaking point with understaffing and costcutting and unable to pursue tax due from current 'clients'

 

[Joey Shabadoo]

See they announced another year's losses today. £7.5m to win the third tier of Scottish football. Wasn't loaf man talking about a spending spree in January?

 

[gavintc]

See they announced another year's losses today. £7.5m to win the third tier of Scottish football. Wasn't loaf man talking about a spending spree in January?

Heading back down the snakes and ladders of Scottish league tables?

 

[Gasman]

Makes you wonder why hmrc continue to pursue this

I think this is being used as a test case. Having established a precedent the taxmen will now be chasing many other, non-extinct, football clubs who also used EBTs. The potential returns in future cases could far outweigh the costs of this one. Also, establishing that there was illegal tax avoidance allows them to pursue the individuals responsible even if the club/company/whatever is beyond reach.

 

[Pro Tour Punditry]

"EBTs were paid as loans, not salary, and therefore the liquidators now have a duty to call in those loans? A lot of former players and staff will be worrying about that point this morning – HMRC will do anything to get their money."

"...learned judges have pointed up the fact that Rangers benefited from breaking the rules. It is surely a short step from there to an accusation of cheating."

http://www.thenational.scot/sport/m...chobox&utm_term=Autofeed#link_time=1446707013