colinstein 294 Posted July 10, 2014 Share Posted July 10, 2014 Lifted from FF: BBC2 Tonight - Did HMRC tax case sink Rangers Oldco As the title says. The Pacific Quay CSC are doing a piece tonight asking that question Any guesses on the outcome of this BBC CSC debate Its on at 10.30pm you'd hope it would be Richard Wilson but don't be surprised if the odious dickhead is wheeled on to spout shite 0 Quote Link to post Share on other sites More sharing options...
ian1964 10,651 Posted July 11, 2014 Share Posted July 11, 2014 Liquidation of Rangers 'was forced for tax probe' THE TAXMAN voted against the compulsory voluntary arrangement (CVA) offered by Rangers to ensure an *investigation into the conduct of its owners and directors, including Sir David Murray and Craig Whyte, it has been claimed. http://www.heraldscotland.com/news/home-news/liquidation-of-rangers-was-forced-for-tax-probe.24725771 0 Quote Link to post Share on other sites More sharing options...
Tannochsidebear 2,386 Posted July 11, 2014 Share Posted July 11, 2014 Nope, it was done to try to kill us. Simple as that. 0 Quote Link to post Share on other sites More sharing options...
RANGERRAB 3,489 Posted July 11, 2014 Share Posted July 11, 2014 On holiday abroad at present and missing all this. Must be hilarious watching all the 'tax experts' like Speirs being proven wrong 0 Quote Link to post Share on other sites More sharing options...
RANGERRAB 3,489 Posted July 11, 2014 Share Posted July 11, 2014 did ticketus not opt to pursue Whyte's personal guarantee's for the full amount, rather than accept a reduced payment via CVA????If they had gone along the CVA route, they had no recourse through the guarantees. Oldco didn't owe Ticketus a penny. They only had personal contractual rights which was why they went after Whyte who lost his appeal against Ticketus for fraudulent misrepresentation at the end of last year 0 Quote Link to post Share on other sites More sharing options...
Bluedell 5,499 Posted July 11, 2014 Share Posted July 11, 2014 Oldco didn't owe Ticketus a penny. They only had personal contractual rights which was why they went after Whyte who lost his appeal against Ticketus for fraudulent misrepresentation at the end of last year Oldco do owe Ticketus. They were listed as a creditor and the contract would have been signed between the club and Ticketus. The fact that they went after a director and majority shareholder of the club does not take away from the fact that the oldco owe the money to Ticketus. 0 Quote Link to post Share on other sites More sharing options...
RANGERRAB 3,489 Posted July 11, 2014 Share Posted July 11, 2014 Oldco do owe Ticketus. They were listed as a creditor and the contract would have been signed between the club and Ticketus. The fact that they went after a director and majority shareholder of the club does not take away from the fact that the oldco owe the money to Ticketus. I can assure you Ticketus are not an oldco creditor. Lord Glennie only awarded them 'personal contractual rights' hence their pursuit of Whyte thro the courts down south for fraudulent misrepresentation for which Whyte lost the appeal late last year 0 Quote Link to post Share on other sites More sharing options...
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