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.
If you would like to read CQN Magazine online (for free), click here. You can download a pdf of the magazine using the button at the top of the page, second from the right. Click on the link below to order a hard copy of the magazine.
You can support the online edition by making a discretionary donation here.
835 Comments- Pages:
- «
- 1
- ...
- 11
- 12
- 13
- 14
- 15
- 16
- 17
- ...
- 22
- »
What a great day. It will be one of those “Where were you when you found out that the knuckledraggers were going to the wall?” moments.
Should be in bed by now but……………”I’m having a Party, the Huns have died!!”
:-)
One solitary Guinness left from the weekends boozing carnage……..it was meant to be………ah well a wee can before dreamland….what a great day…won at the 7’s in Toryglen…..Result……and….oh….nearly forgot…….Craig Whyte nearly gettin lynched at the entrance to Ibrokes after his ‘statement to the nation’ before nervously shuffling back into the den by police escorts……comedy gold…………………result.
Árd Macha says:
14 February, 2012 at 00:47
paulsatim is neil lennon says:
14 February, 2012 at 00:43,
Nice one.
Last beer before bedtime.
======================
me too, just finished fourth and last glenfiddoch! Night all!!
Courtesy of CelticMinded.Com:
‘As news of Rangers FC’s administration is broken on Radio Clyde, drivers pull off the M8 for a spontaneous party.’
http://www.youtube.com/watch?v=GKMiCq3z5mM&feature=youtu.be
Árd Macha
Night bhoys.
Been a good day, a day we all remember for the rest of our lifes, the 13th of Feb 2012.
The next big day will be the day they get blended. any guesses when that day will be ?
Whatever, they are well and truly fecked, and thank the lord for that.
The best thing I could hope for is the sectarian bile is no more, second best is us gone.
HH
KTF
Take care and god bless bhoys and ghirls, this has been a good day to be a Tim.
Cheer up Huns its not the end of the World
OOOPS OH YES IT IS HEHEHEHEHE
Our Holy Redeemers Clydebank.
The world’s best.
From my daughter – Roisin – playin with words. I’m mighty proud
Impressions
I see you with your hardened gaze of stone
Your Judgement is strong as your anger, Ma’am
Your flawless frame is still at core bone
As is mine, yet to you I am a lamb
Ready to be raised and brought to Slaughter
You are strong but be cautious where you tread
You, Queen, are not made of stone and mortar,
What appears as Gold can in fact be Lead.
Tainted though I am, perfection’s not my aim
While here I stand I can feel my mind grow
I know hate can only make the soul lame
And someday you must reap the dark seeds you sow.
But alas my time grows ever short
And the Irony of my judgment wears thin
So as always before harsh retort
You should consider what may be within.
Even as your cold dark eyes judge me
Remember that my eyes can also see.
Tricoloured Ribbon says:
14 February, 2012 at 00:41
Glasgow Road, opposite Holm Park, would have put you in the Brick Lawn, next to Clydeholm dog track. That was the scene of my mis-spent youth, a hundred years ago.
Great memories.
Goodnight & God Bless .
DudCzech says:
14 February, 2012 at 00:36
You are soooooooo obviously a hu…..sorry I just can’t do it on such a momentous day.
Welcome, DedCzech………….. however I have failed my CQN duties.
But it just didnae seem right to say THAT thing.
Hey, at least there isnae a lodge I’ll get drummed out of.
pigalle
MWD
haha, my friend, haha
pigalle
i heard that wee AJ piece on state radio tonight
you know he said that they tried to pass the debt over into MIH so that it would from say 430 up to say 480
and pinkfLloyds told them to jog-on
AJ actually tried to BLAME the whole shooting match on the Lloyds brigade saying that they had the tenacity to actually LOAN rfc the money over all that time – i mean how dare a bank do such a thing ?
i could not believe it when the said that
there was no apparent thought in his mind that the getting one over on Timmy might have driven them to loan, loan and loan again to their own detriment
no thought of….ah….1967…the bassas…..we are the people….how DARE they win the big cup and WE the people be 2nd ? we MUST beg, BORROW and steal to get one over them !
1967 has killed them
their pride could not hack it
get in there !!
sad thing is….. they don’t even see it nor WANT to see it
Bhoys
as we rejoice in their demise may I take this chance to remind you to be careful in future weeks/months
their fans have always been renowned for the hatred and agression towards us, this will multiply 10 fold
stay safe and pick your moments for laughing at them as the lowlifes in their support (approx 97.8%) will lash out at all and sundry
HH and stay safe
Craig Whyte interview
Árd Macha
playfusbal4dguilders @00:26
thankyou sir !
yeh, i thought that was more like it
Dingwall, selective hearing,
i suppose
Kilbowie Kelt,
Yes the Brick Lawn.Loved it.Ma da,God rest him was from The View.
Goodnight and God Bless ye son.I’ll get a blether to you again.
Árd Macha
That was feckin brilliant :>)
JQB
Tell Roisin she has a fabulous way with words.
You can tell just by the vague eye flow pattern.
She’ll know..it’s instinctive.
Brilliant.
HH
Computer off, she is calling…………………
JQB
Obviously we know where the sentiments of that poem have been borne. Without revealing them I’d like to use it in my class if that’s ok?
There’s a plethora of linguistic platitudes that I could attribute to it.
Oh and it’s no hawf bad either :-)))
Craig Whyte says:
13 February, 2012 at 23:24
Is it just me or is there a crisis at Ibrox???
***********************
Glad you’re in tonight Craig. AOL have some timely advice online for you
http://money.aol.co.uk/2012/02/13/in-debt-know-your-rights/?icid=maing-grid7%7Cuk%7Cdl4%7Csec1_lnk2%26pLid%3D96118
:)
i dont think for a minute murray can walk back into rangers and splash the cash and i dont think whyte is so stupid to allow murray to force him out. the 18m rangers owed to the bank was 3% of what MIH owed the bank i.e. 600 million and with a potential 75 million bill coming rangers way you dont have to be a genius to work out that a return for murray is a pipedream, no way will the MIH board allow him to safe ranger’s with their money.
i think to much emphasis in being placed on the need for their survival by the old media, not enough is being placed on a future without them. i think scottish football could grow stronger if they are liquidated and reformed on the third division, if at all.
push through:
summer football
league reconstruction to 18 team, 1x home and away games, increasing potential competition from other team and hence increased gate.
play-off for european football (keep competition in middle of large league all season)
play-off i.e. 4 team for relegation (keep competition in the middle of league all season)
1 team relegated after play-off, overall losser drops down
2 automatically relegated (good potential for returning after drop)
squad size capped at 21 first team players (one transfer window)
television deal to free television i.e. stv/ channel 5 etc… for live games and highlights (higher viewing as its free and higher levels of exposure for sponsers etc… which increases and improves the sellability of the league and club sponsers
equal share of television money throughout league (only a small drop for in terms of income), but increased competion i.e. europe/ relagation/ champianship etc… promotes better crowds
games player on saturday 3pm (live games 12.45pm saturday/ 12.45 sunday only) to improve fans attendance i.e. knowing when games will be played.
think more young players would get their chance throughout the league in this formate, more derbies, minus old firm
no club allowed to spend more than they earn i.e. fairplay
TopCorner says:
14 February, 2012 at 00:53
I thought there was something truly horrible about what AJ said they were trying to do.
No culpability.
No nothin.
“We are The Mighty Glasgow Rioters and the rest of youse can f*** off”
Oh well.
At least now there’s no rANGERs.
Saints be praised.
pigalle
TopCorner etc
l listen to Johnston interview. One thing that got me was when he said that because DM underwrote the share issue they the board sat back thinking he would do it again . this sums up the entire rangers fans view from the board down. They were waiting on Murray . He was their only plan.They were so conditioned to having a sugar daddy they became incapable of any autonomous thoughts or actions. Hence where they are now.
Rancho, HT,
means a lot, thank you…. HT, of course
You’re naturally blinded as a Dad – hard to get perspective. And I know she has a long way to go, but she wrote it a year ago, at 16.
Me. at 16, I couldn’t have comprehended doin anything like that.
She’s my girl.
terrific design, real simple and clear
these will be flying off the shelves…
Jelly and Ice-Cream T-Shirts
Celticbhoy says:
14 February, 2012 at 01:06
So true.
They lie back and want their bellies tickled.
OK, who doesn’t, but that’s maybe for another day’s debate :0)
pigalle
Tims throughout the World I bid you charge your glasses and toast Jock Stein, Fergus McCann and Craig Wh(i)(y)te [delete as applicable] the men who broke Rangers.
Slainte agus go raibh mile maith agat.
JQB
You have every right to be proud mate.
Sad thing is at 16 I could have done that… and did!
At 25 I could and did!
At 30 I could and did!
At 41 I could but the world wouldn’t care care :-(
apology
DudCzech, I got your name wrong earlier…
them drinks is sure kickin in
and somebody’s shouting that I should get to sleep
it’s a conspiracy I tell you
pigalle WhoRefusesToLetGoHisBeerCanCSC
Pigalle
So true. It points to not only lazy journalism but lazy fans.
Off to bed not. Just thinking of all those Huns know who will wake to realize Monday wasn’t a nightmare dream. And those Celtic should fans who will wake up thinking their dreams are just beginning
stephbhoy @1:02
some great ideas there, boss
fire ’em off to SFA n SFL n sundry
new media can be very useful
good stuff
Thread on Rangers Media,
Is this the darkest day as a Ger in living memory?
Naw ya deluded balloons,we’re only at the tip of a very, very long iceberg.The party is only in it’s infancy.
Well if Feb. 28 is in fact Doomsday then amongt others that is the Feast day of St Hilarius…and a Pope too boot
Apologies to anyone who can really speak Irish for my butchery of our native tongue.
Night All fading fast even with 3/4 of a bottle still to go :-(
HT,
you need to dig out some of your old stuff and give us it… words weren’t meant to be buried
for night shift and / or anyone who’s missed it
having a wee party….
Phil, Joe, Harper, Paul, Jason on Homebhoys Show tonight
macanbheatha says:
14 February, 2012 at 01:18
St Hilarius: a pope to boot ?
The huns’ll be happy with that for sure :0)
pigalle
Several deep now and can’t stop thinking about cracking the champers when we stopped 10 in a row.
HH!