I think some people have been reading too much into mentions of Rangers owing HMRC up to £75m. For clarity, the big tax case, with penalties and interest, could reach approximately £50m, but that is not the end of the story.
There is the wee tax case, the potential VAT liability relating to the income from Ticketus and VAT due each quarter. Then there is Pay As You Earn (PAYE) and National Insurance (NI). With the lack of financial information from Rangers barring this “£75m” statement, it’s possible VAT, PAYE and NI are delinquent.
Add this lot up and you can easily see why the taxpayer could be looking at a £75m hit, Rangers did not link this figure with the big tax case alone. I’ll leave it up to Craig Whyte’s next interviewers to ask how much of this figure has been incurred under his stewardship.
And remember, we’re only talking about HMRC debt here, don’t forget about the police, Glasgow City Council, utility suppliers and a multitude of small local businesses.
We don’t need no stinkin’ Rangers.
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sftb
it was a wee joke !
IPA
I Prefer Administration
pigalle
Gordy, coming over tae Clydebank in a few weeks.
I’ll keep ye posted lad.TAL.
On news night Scotland it would have been a much quicker show if they’d just asked Fraser Wishart if he was paid by EBT?
Case closed
P
Another cracking read.
G’nite folks, what a day!
RFC DRIP
HH
67 Heaven Lets hope so. Have had the feeling that MBB was a patsy and that this was all beeing engineered. However, MBB has made such an almighty mess there could be no order to the planning. It is an unmitigated disaster for them how this has been managed. It is fantastic.
Watched Patey on Newsnight state that HMRC would want an almost full setllement. Must be hurting…..shame ;0)
The brass necked nerve of the fat controller is one for them physio/neuroligist historians whose
study the pathology of the rankers meltdown when them amply disposed a wealth of pro bono in locum seasoned and ticketed up hun doctorus remains still a mystery.
Jabba und Jackhun are fly by night money suckers…once the hun are completely drained they’ll be of…Canada probably where they can reinvent their tag team mystery of gangster crappy words in unison a pension plan of immorality and deceit the unsuspected readers of a small town free issue in
an obscure north western territory.
Past tense Phony feckers.
HH
Tonight is not the night for my clumsy utterances.
I will leave my feelings on this special occasion to the erudition of Scotland’s greatest ever sports journalist, the incomparable Ian Archer.
“This has to be said about Rangers, as a Scottish Football club they are a permanent embarrassment and an occasional disgrace. This country would be a better place if Rangers did not exist.”
…& with that magnificent obituary, I will get back to the delights of Mr. Lambs cane-sugar elixir.
HT
You are way too articulate to be Craig Whyte. And anyway. Your eyes are also very symmetrically centrally placed in your face in a good looking Timmish way for you to be anything like that goat.
MWD
First drink to pass my lips after the admin news was a Black Label, in honour of the oul’ boys from the John McManus East End CSC from when I started going to away games – John Lafferty, James McNamara, Frank Lala and Arthur Cravigan.
Now enjoying a glass of the finest red – but haven’t yet succumbed to the wine.
Gordon, your post earlier was spot on, see you on Sunday.
pigalle @ 23:58
Sounds tasty!
Little bit bitter for some but tastes pleasant to me!
Jimmy
That music was beautiful, and as I listened I thought of Wee Bridie and her years as a peasant in Donegal during the war.
Funny now watching her read on her ipad.
After his good showing in the African Cup of Nations,the huns are showing interest in Amin Admin.
ItaliaBhoy – Surreal post on FF…
symbolic idea.
very much at the planning stage, along the lines of 4 “boys” walking up to ibrox on saturday, dressed in ye olde Rangers kit, white long john style shorts, possibly wearing a cap or two/moustaches, an old lace up leather ball, even a couple carrying oars, in short a sort of re- creating of the gallant pioneers themselves.
film it, it could be our white dove in years to come.
that was all it took to get it started, and lets face it, Rangers are far from finnished. no matter what happens.
I love it.
Salvador Dali would be proud.
The anachronistic bears could then ceremonially dump a bowl of pot-pourri on the marble steps, and – in a dignified and symbolic gesture – eat a fistful of final demands.
As Dali himself said:
“I don’t do drugs. I am drugs.”
(thumbsup)
Paul
Many, many thanks for all your work with cqn.
Thanks too, to Phil Mac and RTC. Collectively, you have established a force for good against a force for evil and I hope that the children of today benefit by growing up in a different kind of Scotland from the one many of us who contribute here have experienced.
Fantastic news today, but the force is still strong and we have to find the collective strength to meet it head on.
As if to illustrate the point, copy of my e.mail tonight to Shona Robison, SNP Minister for Commonwealth Games and Sport. I know from reading these pages that I won’t be alone in calling her to account:
Dear Ms Robison
Further to your statement regarding Rangers FC’s declared intention to go into administration – reported on BBC website as outlined below:
Sports Minister Shona Robison said: “I understand that Rangers and HMRC are continuing dialogue and we obviously want to see an agreement which will protect jobs and enable the club to stay in business.
“Rangers is a crucial part of Scotland’s national game, and our interest is ensuring that a resolution can be arrived at between HMRC and the club to deliver these vital objectives.”
Could you please clarify why it is in the national interest to enable a football club, which has evaded paying income tax / VAT / National Insurance in order to achieve a competitive advantage over rival ‘businesses’, to continue trading?
In doing so, could you advise what message you think this will convey about the integrity of sport in Scotland? That the Scottish Government supports cheats? That it is acceptable to deliberately avoid paying tax. That it its acceptable to avoid paying bills to people who trade goods / services / players in good faith?
Finally, if you consider such financial doping to be acceptable, will other forms of doping be okay for those planning to compete at the Commonwealth Games?
I look forward to your reply.
Yours in sport
Daniel Fergus
hamiltontim says:
13 February, 2012 at 23:48
ach he’ll be fine in the morning, he’ll wake up a tim like you and me.
hail! hail!
Hi bhoys and ghirls. Had difficult day at work, so am just catching up with the car crash that is the once venerable (haha) institution of RFC. Apologies if all this has been covered, I’d be surprised if it hasn’t, but what the hell…. Mark Dingwall – “there are degrees of the worst” !@?*? – NAWTHERURNYY!!!!!!
Jelly and ice cream…mmmmmmmmmmm! A dish best eaten cold ;)
Enjoy the party, but keep safe.
Hail Hail
PV
IPA;
Inbred Peepil’s Armageddon.
Before the Newsnight Scotland, I think I caught Pat Nevin saying that financially the move Whyte had made was spot on. How would he know?
Advising people on finance is not your strong point Pat.
You are an imbecile.
Árd Macha
Just as Lennybhoy posted earlier
https://www.catholic.org/saints/saint.php?saint_id=3824
On this day 13th February 690, St Huno died
HH
CRC
Back to Basics – Glass Half Full says, 23:57.
No need to feel sorry for Edu. It saves him being racially abused by his own team’s fans
Tricolourd ribbon,
you do that,you me and the bald one will have some sesion
Philvis,
lol… ya right wing fascist git…. ah luv ye… in a manly, no lookin ye in the eye sort of way of course
Cults Bhoy
My reply to your wee joke was also a wee joke.
Well, I’m smiling anyway.
Bhoys, Ghirls.
I could not possibly know where to start.
Tonight, when I arrived home, a bottle of champagne on my persons (thank you to Tesco, and their offer on Moet – almost like they knew) I said to my flatmates, “happy administration day!” One flatmate, a Liverpool fan, shook his head. “It’s the end of Scottish football” says he. “What if it were Man Utd,” says I in retort. “How would you feel then?” He pinched his lips.
Another flatmate, a female with very little interest in football, asks what the heck I’m on about. I explain. “Rangers?” says she. “Are they the ones who wrecked my city?” I reply in the affirmative, for she is indeed from Manchester. “I walked to work the next day in tears because of what they’d done,” she says.
Well all of us have just enjoyed a lovely glass of the fine stuff to mark today. Today, which is the day that they gave up the pretense of being “superior”. Today is the day that they realised they’ve practically killed themselves in trying to keep up.
On SSB tonight, Spiers rebuffed a few callers who had called with comments that were not necessarily to do with Rangers’ administration bid (an aside: My mother this evening told me they’d only applied for administration, they hadn’t got it yet. I told her not to worry, it’s an application unlikely to be rejected). His words were along the lines of “it’s not important now, who cares about X, Y, Z”. Well I put it to you, that whenever Rangers fans cling to their three in a row, and they will, that it’s not important now, who cares. This was always about the long game. About having a club to give to sons and daughters and if we have to suffer that three in a row, well personally, I think it’s a small price to pay to be rid of them. (Incidentally, for Rangers’ fans still clinging to the three in a row, [a Mr D. King springs to mind, amongst others] please remember that even though you were skint, you were still spending money. Just because they couldn’t afford it, didn’t stop that club putting players it could not afford on to the pitch, and I say to them, it is no wonder you won three in a row when you were cheating in such a way. I just hope that the cost, that of your entire club and its history, and potentially Scottish football as a whole, was worth it for you.)
Thank you to Fergus, mainly for not being Whyte. And for having a clear plan and sticking to it. And to the current board, who were not sucked in when many would have had them gamble our future on pushing Rangers to put another chip down, which they undoubtably would have, such is their desire to be better than us. Thank you to them for staying strong to their business plan and to seeing us survive where others while those around us gambled it all again and again and again.
And to our forefathers, to all who have gone before us and will not know the pleasure of this day, I raise a glass.
Árd Macha @ 00:03
Marvelous!
Alastair Johnston: ‘All we wanted them (Lloyds) to do was migrate the debt into the Murray balance sheet . . .’
Truly unbelieveable.
I could not retire for the evening, after a few beers and the finest red, without saying that this is a towering day.
It is for us now to focus on Celtic – redouble our already saturated support- let anyone you know, by email, blog or word of mouth that any politician who supports tax dodging and cheating will lose at least 300,000 votes- are you listening Shona?
We have more collective power than chip wrapper journalists- it is time to flex our muscles.
Night night and hail hail
Bhoys & Ghirls, 1st blog on new server (was on old one but can,t remember log on) was Saturday. trying for a day to remember (birthday) – should have started by Thanking Paul for this fantastic forum.
Have spent several hours trying to catch up today, and trying to get over the Jelly & Ice Cream.
I am hearing one of the joint major sponsors has informed a team having financial problems, they will not be sponsors next year, although staying with world famous and financially independant Celtic
Off to update the Celic app with a nice splashscreen, hmm. The possibilities!
JimmyQuinnsBits – Big, manly kisses to you too, babes.
;)
(thumbsup)
northshorebhoy says:
13 February, 2012 at 23:55
Get the feeling Celtic fans will not be allowed at final Ibrox game. The Orcs just won’t be able to take the constant abuse and a riot is a certainty in my eyes.
***************************
This would be the norm I’d say, but given that it could be the game of all games when the rangers die…… there may be a seville like event happening down Govan way, for what could be the last huns game V the famous Glasgow Celtic.
V
Whaurs Kojo….?
Don’t tell me Jack Irvine’s let him go ?
(Laughing)
The Scotsman headline: BROKEN RANGERS.
Ard Macha
Are you qualified to assess Nevin as an imbecile?
I’d personally say it is a close call between that and an idiot – IQ probably in the low to mid 20s so either way we are not so far out… :-)
Guys, lets not speculate on who RTC could be. I work with people who would like (love) to make known who RTC is. Not the time for this to be made known. I have no idea, but greatly admire his work and style.
Night Bhoys and Ghirls, God Bless St. Huno.
Until we meet again…
Keep the Faith!
Hail Hail!
Nearing the end of beers on a perfect day.
Forced to retire soon due to tomorrow stuff.
A cracking day.
And, here on in, I think it’s going to get even funnier.
Just wait til all the prospective newhun buyers show their faces
after the old hundust has settled.
Ugly, so ugly, yet so wonderful.
Who will these new magical faces be ?
They will all be law-abiding, stand-up citizens, that’s for sure.
Ha ha ha ha ha ha etc
pigalle