SteveC 150 Posted December 17, 2014 Share Posted December 17, 2014 International Football Club plc ("Rangers" or the "Company") Scottish Professional Football League Limited ("SPFL") Claim. The board of the SPFL has determined that Rangers Football Club Limited (the "Club") is liable to pay the EBT Commission fine of £250,000 levied on RFC 2012 PLC (previously The Rangers Football Club plc) (in liquidation) The SPFL has also decided that this sum will be recovered from the Club by the SPFL withholding broadcasting money and other sums due to the Club but which are paid in the first instance to the SPFL. An appeal has been lodged with the Judicial Panel of the Scottish FA which has confirmed that the decision of the SPFL is suspended pending the outcome of the appeal subject to the SPFL's right to object. The Board is advised that the sum is not due to SPFL and the appeal will be pursued vigorously. 0 Quote Link to post Share on other sites More sharing options...
SteveC 150 Posted December 17, 2014 Author Share Posted December 17, 2014 (edited) I should have titled it "trying to take..." More focus on oldco. You'd almost think they wanted us to disown our own past....oh wait Edited December 17, 2014 by SteveC 0 Quote Link to post Share on other sites More sharing options...
D'Artagnan 173 Posted December 17, 2014 Share Posted December 17, 2014 I wonder if in the same spirit, they will be moved to award the prize monies, previously withheld. 0 Quote Link to post Share on other sites More sharing options...
SteveC 150 Posted December 17, 2014 Author Share Posted December 17, 2014 A good point - but you don't wonder for long thought D'Art, do you? 0 Quote Link to post Share on other sites More sharing options...
Frankie 8,562 Posted December 17, 2014 Share Posted December 17, 2014 From the initial oldco SPL decision: http://www.bbc.co.uk/sport/0/football/21604986 "Rangers FC did not gain any unfair competitive advantage from the contraventions of the SPL Rules in failing to make proper disclosure of the side-letter arrangements," it states. "Nor did the non-disclosure have the effect that any of the registered players were ineligible to play, and for this and other reasons no sporting sanction or penalty should be imposed upon Rangers FC." The findings also stated that Rangers' current owners should not be held responsible for any breaches made by the previous company. Seems the words of Lord Nimmo Smith are no longer valid. That's fine, we'll have our prize money back as well then. 0 Quote Link to post Share on other sites More sharing options...
Frankie 8,562 Posted December 17, 2014 Share Posted December 17, 2014 It should be added that if the SPFL are prepared to overturn this fine decision, what will they do should the HMRC EBT decision be reversed? 0 Quote Link to post Share on other sites More sharing options...
barca72 440 Posted December 17, 2014 Share Posted December 17, 2014 The current SPFL Board is made up of Neil Doncaster (CEO), Ralph Topping (Chairman), Eric Riley (Celtic), Stephen Thompson (Dundee United), Duncan Fraser (Aberdeen), Eric Drysdale (Raith Rovers), Mike Mulraney (Alloa Athletic) and Ken Ferguson (Brechin City). { from their website } Why would anyone on this board wish to overturn a decision - as Frankie points out - that the club is not liable for according to LNS? Then we have these bogus charges which were dreamed up by the SFA just because both Rangers and MA ignored righting back to the SFA with an explanation in their timeframe. We know that part of the SFA board is Regan, Petrie, the 'Lundyish' Ogilvie and Lawwell among others. Why would they wish to see us put in a position where we can be fined, sanctioned with point deduction or even have our licence withdrawn? Scotland's governing bodies assisting a club for the good of Scottish football - has to be. 0 Quote Link to post Share on other sites More sharing options...
Rangersitis 0 Posted December 17, 2014 Share Posted December 17, 2014 (edited) From the initial oldco SPL decision: http://www.bbc.co.uk/sport/0/football/21604986 Seems the words of Lord Nimmo Smith are no longer valid. That's fine, we'll have our prize money back as well then. Don't know the basis for the claim over the fine, but I don't think that those two areas are connected. Wasn't there a specific rule which related to prize money being withheld in order to pay debts to other clubs? Edited December 17, 2014 by Rangersitis 0 Quote Link to post Share on other sites More sharing options...
der Berliner 3,743 Posted December 17, 2014 Share Posted December 17, 2014 Just out of interest, we've been on TV et al quite a bit since 2012. Has that money/fine never been requested thus far? Looks like everyone wants to cut another wound while we are in financial dire straits, so we bleed to death a little faster ... 0 Quote Link to post Share on other sites More sharing options...
Frankie 8,562 Posted December 17, 2014 Share Posted December 17, 2014 Don't know the basis for the claiming over the fine, but I don't think that those two areas are connected. Wasn't there a specific rule which related to prize money being withheld in order to pay debts to other clubs? See this is the problem I (and I suspect many others including the SPFL) have. They rule in our favour with regard to us being liable for the 'costs' of training Telfer despite it being the oldco for much of that period. Ergo, that leaves us open for other oldco issues. Yes, that may mean we could claim back prize money or, for example, the Steven Davis transfer cash but it may also leave us open to any sanction on EBTs. We may laugh at conspiracies about Lloyds Bank and other SPL clubs but, make no mistake, if Celtic, Dundee Utd at others can benefit out of punishing us, they will explore it. We just have to be careful of not falling into any traps. 0 Quote Link to post Share on other sites More sharing options...
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