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Everything posted by RANGERRAB
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surely HMRC must be required to have a basis for an appeal. In any normal court of law an appeal requires new evidence or something which has been missed or overlooked. you cannot simply appeal because you don't like the verdict
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I'll say it again & again. Over 5,000 UK companies used EBT's til they were abolished late 2010. There was nothing illegal about them if used properly. They were tax avoidance schemes and tax avoidance is legal (tax evasion isn't). Some people have great difficulty accepting this regards Rangers due to the mhedia frenzy instigated by the usual suspects.
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Davie 'provo' Provan. Remind me what the 'provo' bit means again please someone?
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Will HMRC have the brassneck to appeal? Surely they'd be better sorting out themselves inhouse for a start & investigating whichever of their employees was responsible for the leaks throughout the RTC. Maybe some of their employees have allegiances which make them want to disregard the confidentiality requirement of their jobs. I think I can guess those allegiances. Why would they appeal ? they're not going to get any money. They will have caused the eventual liquidation of our oldco chasing taxes they weren't entitled to as per last tuesday's verdict. They shouldn't have been main creditor whilst we were in administration trying to get a CVA. That should have been ticketus who'd approved the CVA.
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I'd prefer to see Ally McCoist concentrating his efforts to get us more convincing performances & victories on the park. He seems to me to be tactically inept & totally clueless as to how to change a game when things aren't going well. Frankly I couldn't give a damm about his media skills if we're winning with conviction every week.
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no problem m8. I have similar discussions with dhims but they're too stupid to understand normally
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whether people like it or not EBT's were perfectly legal if done properly. Last tuesday's verdict seems to suggest ours was in general OK. Over 5,000 UK companies had EBT's before they were abolished late 2010(or should I say the tax loophole was closed). They were legal tax avoidance schemes to put it bluntly. Some companies agreed to pay HMRC sums to compensate for the tax they had avoided. Others chose not to. I believe we offered HMRC a sum ( you say £10m) which HMRC rejected. Now they've got nothing except a large legal bill ( ha! ha !) I actually enjoyed winning the taxcase last tuesday almost as much as beating the dhims..........there you go !!
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'their club being forced into liquidation' Let me explain. The club wasn't liquidated. It's playing in SFL3 at present. When CG's Consortium had their CVA rejected ( wrongly now after last Tuesday by the looks of things as HMRC wouldn't have been main creditor) they created a newco & transferrred over the assets of the oldco i.e. club, stadium, murray park etc. What couldn't be transferred over was SFA membership & SFL share. The players contracts are still being disputed as per TUPE. Oldco is simply an empty corporate shell with £5.5 m in its account (not a lot is it ?)
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I read a quote from an insolvency expert who said the BTC should have been valued at £1 by D&P in administration because its outcome wasn't known. Certainly not £75m or whatever. This would have meant, of course, that HMRC couldn't have blocked CVA as they weren't main creditor. That would have been ticketus who accepted CVA
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the SFA & SPL know they could be getting a visit from BDO for monies due to oldco. I suspect they've not got that money. They're keeping quiet as they know the game's up for both of them
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Don't think that'll happen. Either the SPL or SFL has to go. Smart money's on SPL. SFL have more clubs which could prove decisive
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tackling what earlier?
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If CG sticks to his word & refuses to sign any new TV deal for next season then the SPL is done for. It hasn't got a sponsor to replace CB either. They won't admit it but they need us back desperately. How that happens remains to be seen.
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In view of Tuesday's ruling and order the SPL to abandon its commission due to sit next year into our EBT payments which is due to sit next year. The SFA are the governing body of Scottish Football and should have the authority to do so. Tuesday's ruling proved that these payments were not indeed contracts therefore the dual contract allegations are unfounded. I believe Doncaster is as good as 'dead man walking' at the SPL & should be shown the door immediately. The SPL has descended into a farce over this and is it true they have run up a £1m plus legal bill to Harper McLeod as a result of this ? I don't think they'd be able to pay that bill & I cynically believe they'll try to fine us an equivalent amount to that via this commission. Ally McCoist bemoaned the lack of leadership in Scottish Football at the start of this season & time and time again he's been shown to be justified in what he said.
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Richard Wilson - Herald - Serious Questions Need Answers
RANGERRAB replied to chilledbear's topic in Rangers Chat
Does anyone think what's happened in past few days gives whoever is running the scottish leagues next season justification for us to be re-instated to the top division ? after all they do need us there for commercial reason if nothing else. -
following tuesday's verdict it is time to move on & question the role LBG played in all of this. Did they force SDM to sell to whyte? if so who at LBG insisted on this & why ? after all our bank debt was being steadily reduced under the stewardship of AJ. was fullerton and/or kane involved ? or did they get some patsy within LBG to do it for them? this whole episode is far from over. I believe this whole thing was orchestrated. We must find out who was behind it all & why. It is too easy to blame SDM. Let us get the real culprits
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A couple of things were conveniently overlooked in the Rangers documentary:- 1) EBT's weren't illegal. Over 5,000 UK companies had them before they were abolished 2) SDM had reduced our debt down to £6m by the time PLG became manager in 2006 after the shares issue he underwrote. But it was Daly who did the documentary and anything he does regards Rangers is inevitably biased because he's a tim.
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The BBC in general is unaccountable & out of control (especially at pacific quay where it does what it likes) Only way to change this is to get rid off the licence fee & force it look elsewhere for its revenue. Only then would it be prepared to look at who they employ & what they were broadcasting. No viewers or less viewers would affect its revenue. They'd change their tune then alright.
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Is Ally the Man for the job? - The McCoist Thread
RANGERRAB replied to 54andcounting's topic in Rangers Chat
Black & McLeod are too similar playing together in central MF IMO. We need more creatvity in central MF -
A 16 club top division means only 2 OF games (assuming no split). SKY won't buy it
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I've said b4 SKY will dictate any changes to Scottish leagues
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How CG succeeds in improving us commercially will go a long way to determine how successful his stewardship is. Murray abandoned ship long ago and we were drifting on & off the park. Then of course we had Whyte who should never have got the club in the first instance IMO. At least we're now seeing signs of people in charge who are prepared to fight our corner with our enemies & trying to improve our commercial performance which hasn't been great over the past few years if we're honest. Also if Dave King wants to become involved again by investing then why not ? he's a real Rangers man like all of us on here. He's winning his battles with SARS as he said he would. Don't listen to the negativity about him from the usual sources after all THEY have one of the biggest tax-avoiders on the planet in DD as a major shareholder
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I'm old enough to remember him as a player. Scotland simply doesn't produce players of his calibre any more. Get well soon Sandy
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Were there SPL games on today ? never noticed
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VB Exclusive - We Don't Do Deals (With Rangers)
RANGERRAB replied to ian1964's topic in Rangers Chat
they needed a big fish to catch the attention. We fitted the bill. I believe they also targeted BP(or some other multi-national based in the UK) who had EBT's too & sent them a tax bill. They declined to pay it & were offered FTTT like we got. They refused that too & told HMRC if they wanted money they'd need to go to court. If HMRC won then they told HMRC they'd consider moving their HQ out of the country losing them billions more in tax than they'd get from EBT's. We were an easy target cos we couldn't up sticks & leave the country like multi-nationals could. I've done a fair bit of reading up on EBT's in general. Some of the stories in the tabloids are totally inaccurate