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Alistair Johnston to begin insolvency case against Rangers


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'Questions were then posed about the Big Tax Case. If the case goes in the Club’s favour, the Chairman stated that HMRC would appeal and that would mean a further lengthy period of the same uncertainty and would discourage investors, sponsors, etc. If we lose the tax case, we can appeal but there would then arise the issue of managing any accruing debt. He couldn’t speculate on the outcome but made it clear this is a vital period in the Club’s history'.

 

From the minutes of the meeting between The Assembly and CW.

 

So no matter what we are in the shit.

 

Who wants a bet it'll happen before the tax verdict is published.

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