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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truth4767 says:
14 February, 2012 at 10:16
I can quite understand the gloating, it is football after all. But the hate factor is hard to take, especially for the reasonable fan on both sides of the divide.
The knock on effects for Scottish Football will be severe, and it will reach Parkhead.
Hearts will get a pittance now in settlement for Wallace, they could go on Thursday. Dundee Utd , another club, with severe problems will not get their cup money. The SPL is a house of cards ready to collapse.
Football needs rivalry and competition, you will tire of jelly and ice cream quickly.
Mark my words.
+++++
You are, of course, entirely correct. I had carrot cake last night :-)
Reclaiming the Orange.
I thought BFDJ was ok on SSN
Didn’t tell lies or try and hide, was even fairly honest
Take it he’s no longer a rangers ambassador
P
JJ
That is the unanswerable 1690 question.
MWD
Gordon_J backing Neil Lennon says:
14 February, 2012 at 09:15
Morning all. Bet there are a few sore heads this morning? Have to say I’m feeling just champion.
………………….
Aye me Gordon, first proper drink thus year ….. Worth it? oh yes indeed!
HH
We do not gloat, we just are.
Hail hail
up and over from earlier – great way to start the day
truth
dont be so stupid, have you seen all the different flavours of both, all the different combinations. we’ll never tire of it.
now away back to your orc hovell.
PC67
truth4767 says:
14 February, 2012 at 10:16
And yet people still expect these clubs to just vote them back into the SPL.
I can see FPLG now, sitting on the floor behind a catering stall. Pies all around him up to the waist. A mixture of tears and mutton grease running down his chins asking
“Why is this happening? If only I was allowed to sign wee Nacho”
just asked one of the orcs to do admin work for me…
wasn’t to happy about it….hmmmm
Kill them off and let a newco start again in division three.
They’ll be back in the SPL in four years.
The time will pass soon enough and in will be a suitable interregnum to destroy any notion the huns have that nothing has changed, that their club never died.
Best comedy programme on TV at the moment is Sky Sports News. Craig Whyte now looking a very worried man perhaps he has bitten off more than he can chew and underestimated the bears’ reaction. BFDJ on SSN actually admitting huns getting what they deserve. Let’s hope this is a long,slow, painful death, should keep us entertained for a few weeks. Reality TV at it’s best!!
Hail! Hail! PMTYH
Stuff just got serious :
Strathclyde Police: “We are aware of the current situation at Rangers and are seeking urgent clarification ahead of this weekend’s game.”
Do you owe the Polis money too per chance Mr Whytey Whyte?
No game on Saturday…..and poor Rob Shorthouse will have his shoe laces taken off him when he arrives at work this morning
truth
one last thing, why do you have this saturday’s attendance after your name?
PC67
amadeus says:
14 February, 2012 at 10:21
Your best post..well done I could not have put it better myself…HH
BT
Superb!
Changed days. An Orc working in the social.
MWD
I note Speirs et al thought PL was full of bluster yesterday when stating that financially we don’t need them. Has it not occurred to them that, like us, the CFC board have been anticipating yesterday for nearly ten years. We’ve been living as if that day was just round the corner for the whole time. We are totally prepared to see what life without them could be like.
The Beast on Talksport .
Truth..dont you know that jelly is now one of my 5 a day!..yum yum
MWD
I no longer work in the social mate…
WRO now…..gamekeeper turned poacher….. o))
If you are able to get a bet on, John Hughes will be new manager of Livvy. John Collins will be appointed as football director. Straight from the horses mouth. Will be announced later.
reporter Euan McLean for the Daily record
Marc Crosas could learn a thing or two about tact after his tweet…..
“so jelly and ice cream for fun??? *they used to be the people*
UC
Fud Hateleys article will be better than usual this week…”best ever thing to happen to the club “etc etc
http://www.thedailymash.co.uk/sport/sport-headlines/rangers-pledges-sectarianism-as-usual-201202144892/
hehehe
P67
Still catching up, but the nub of the issue now lies with the other SPL clubs.
Thomson of DUNDEE UTD.
They have skewered you for £100k DO THE RIGHT THING
Romanov of HEARTS.
They have skewered you for £800k DO THE RIGHT THING
Yorkston of DUNFERMLINE.
They have skewered you for £80k DO THE RIGHT THING
Never mind GAIK and no doubt some other football businesses
hhplc
ernie lynch says:
14 February, 2012 at 10:23
Any clubs left out of pocket because the huns owe them money for transfer fees have only themselves to blame and deserve scorn not sympathy.
They extended credit to a club that the dogs in the street knew was heading for the rocks.
share
Spot on, they deserve all they get.
Anyone know what Sir Minty’s interviews about today on sky?
amadeus says:
14 February, 2012 at 10:21
This is what makes us Celtic….
pedrocaravanachio67 – *applause* top class Sir
ernie lynch says:
14 February, 2012 at 10:32
It would do far more for Scottish Football than allowing them straight back into the SPL would. Imagine what a couple of thousand travelling fans would do for the finances of those wee club.
Funny how in the eyes of the orcs, enjoying jelly and ice cream seems to make you bitter and hate filled.
I feel anything but bitter and hate filled this morning. I am more jovial, upbeat with a spring in step.
new article posted.
apologies if this has been posted before
http://www.youtube.com/watch?v=YKVajqOmtEY&feature=related
Well worth the 4 minutes 15 seconds out of your life.
Hail Hail
truth4767: 14 February, 2012 at 10:16
“Hearts will get a pittance now in settlement for Wallace, they could go on Thursday. Dundee Utd , another club, with severe problems will not get their cup money. The SPL is a house of cards ready to collapse.”
Thanks to Rangers, who were clearly unconcerned with ‘the good of Scottish football’.
And don’t forget your club is going to cheat the tax authorities out of £75m – does that make you proud?
Why eating jelly is good for you..royal too! oh the irony
the health benefits of eating jelly
I can see this costing me £800 …
Anybody reckon next OF game is in jeopardy? My son’s football team auctioned off a corporate gig for this game… Guys on to me this morning seeking assurance they get their money back…
If they pull out… Anybody fancy it? I’m definitely going..to sneak behind enemy lines for possibly the last ever OF game at Ibrokes..priceless!
Ernie
I’d like to try and block them getting into Division 3 if possible as well so they just die totally. We should support another team that wants the vacant slot as well and mibbie give them a few quid for their campaign.
Anyone know impact,if any, on joint shirt sponsorship deal? How long did we commit to and is this the opportunity to get rid?
KJamBhoy ———.
Not a quote —— it paraphrases the opinions of an ordinary guy who happened to be a Rangers supporter who thought that Murray stunk to high heaven and would do enormous damage to Rangers.