Rangers v HMRC - A Pyrrhic victory

[D'Artagnan 173]

Your last few words: "the major component part of our downfall was the conduct of one rogue owner".

 

Think how absurd this is. I know you are on board with fan ownership but the message has to get beyond converts like us. One rogue owner, in his first five minutes at the club, derailed it, significantly damaged it and came close to killing it.

 

An institution like Rangers should never be in this position - ever - and yet lessons have not been learned. We still have people wishing for miracles and steering well clear of taking a shared responsibility for a football club that is a huge part of their lives.

 

They would rather trust to luck than having faith in the huge Rangers family, and so here we are again - with dubious ownership, no idea where we are going, very little trust in the top table and an unlimited amount of wishful thinking about what the club needs to do to be a player again - but no-one at Rangers is listening because no-one at Rangers really cares.

 

It should be impossible for complete strangers to waltz in and destroy a famous club like Rangers, but our door is permanently wedged open for the next vile regime to arrive to do whatever it likes while we stand idly by.

 

It is no wonder Rangers is a laughing stock. From top to tail it is completely dysfunctional and at risk from God knows who doing God knows what.

 

If we do not learn, and if we are cast adrift once again, there will be no excuses, and maybe no recovery either.

 

Hildy as you state - you are "preaching to the converted" so to speak re FO - however I fail to see how the failings of various authorities and organisations would be any less palatable or acceptable if we had a more robust form of ownership.

[Hildy 0]

Hildy as you state - you are "preaching to the converted" so to speak re FO - however I fail to see how the failings of various authorities and organisations would be any less palatable or acceptable if we had a more robust form of ownership.

A fan-owned club would maximise its potential to the full. Its members would insist on it. Rangers would push hard until it was as influential as its size suggests that it should be. We would have people on every influential committee simply because it would be negligent not to.

 

Right now - and it was the same under SDM - Rangers does not punch its weight, and it isn't going to any time soon as this chaotic regime struggles just to make ends meet.

 

If Rangers was all it could be, we wouldn't have to worry about the dishonest mismanagement of the game because we would be playing an active part in the whole process.

 

If the club was currently taken seriously in the corridors of power, it would already have managed to rid the game of one or two dubious administrators, but who takes Rangers seriously these days?

 

Rangers is not all it could be - not even close - and mediocrity is going to embed itself to the club indefinitely unless there is major and beneficial change.

 

We are a giant of a club on the outer reaches of the corridors of power. This should be totally unacceptable to every Rangers fan. It doesn't need to be like this, but while the club remains in inappropriate hands, we'll be on the outside looking in as clubs like Dundee United and Celtic dictate how it should be.

[colinstein 294]

I've been away and was wondering whether HMRC are appealing (again !)

any word on this.

Also an interesting article in today's Daily Mail.

 

http://www.dailymail.co.uk/news/article-2709279/Russia-faces-having-assets-seized-world-international-court-rules-pay-50billion-shareholders-energy-company-Putins-government-destroyed.html

 

Russia may be stripped of assets around the world after an international court ruled it must pay $50billion in compensation for the government's role in destroying the country's largest oil company.

Yesterday's verdict by the Permanent Court for Arbitration increases the economic and diplomatic isolation of Russia at a time when it faces new, potentially painful sanctions from Western powers.

The court, a body that rules on corporate disputes, said the Russian government owes the money to the former majority shareholders in Yukos Oil Co, which it said was forced into bankruptcy with outsized tax claims by Putin's government.

 

could we use a route like this ?

[der Berliner 3,744]

Methinks they've got till next Monday to appeal.

[forlanssister 3,114]

could we use a route like this ?

 

Depends how you define "we".

 

The present incumbents and shareholders would have nothing to gain from taking such a course and don't have the cash to do so.

 

Previously we were for all intents and purposes 80 odd % owned by HBOS who most certainly don't want their part in what happened remotely exposed.

 

I suppose in theory BDO could use this option but in all probability won't and I imagine the creditors wouldn't take too kindly to a reduction in any potential dividend anyway.

[RANGERRAB 3,663]

There are police investigations ongoing regards Whyte's purchase and subsequent management of Rangers. LBG will undoubtedly have been part of those investigations.

Don't forget too that they've still got Whyte's ticketus money which he obtained by 'fraudulent misreprestnation'. It is essentially the proceeds of crime

[Bluedell 5,624]

There are police investigations ongoing regards Whyte's purchase and subsequent management of Rangers. LBG will undoubtedly have been part of those investigations.

Don't forget too that they've still got Whyte's ticketus money which he obtained by 'fraudulent misreprestnation'. It is essentially the proceeds of crime

 

It was Rangers' Ticketus money.

[RANGERRAB 3,663]

It was Rangers' Ticketus money.

 

Was it not the case this money never touched Rangers' account. How could it be Rangers Ticketus money?

[der Berliner 3,744]

There are police investigations ongoing regards Whyte's purchase and subsequent management of Rangers. LBG will undoubtedly have been part of those investigations.

Don't forget too that they've still got Whyte's ticketus money which he obtained by 'fraudulent misreprestnation'. It is essentially the proceeds of crime

 

You really do wonder how much time these investigations need. The slow-handling of the HMRC stuff essentially wrecked our club as a business, and there is next to no word on this investigation, or indeed any investigation of Whyte for months.

[Bluedell 5,624]

Was it not the case this money never touched Rangers' account. How could it be Rangers Ticketus money?

 

It doesn't need to go through their bank account. Transactions like that happen all the time, for example a mortgage on a house.