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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Bhoys
Just like we hate “Simply the best” and they cannot stand “Just can’t get enough”, imagine the hun dad saying to their kid “what do you want for pudding?” and the kid asks for jelly and ice cream. Feel sorry for the kid and not just for being a hun!!
HH
CRC
3 pints of Carlsberg and a lovely wee bottle of Coors tae celebrate.
Life is sweet lads.
gordybhoy64
No they will still be responsible for the bill if they lose the tax case.
Well that’s the records confirmed now!
If they go into admin they like a performance enhanced athlete have cheated their way to titles through financial doping!
Like those athletes caught …
They too have to had back their dirty titles
praecepta says:
13 February, 2012 at 23:23,
I thought so as well.
He looked well comfortable with the news he was imparting.
Árd Macha
First time I’ve ever seen a funeral in Newsnight Scotland studios.
Wishart & Spiers – their faces were priceless, tortured, tearful, puzzled, stricken….
No black arm bands but practically an obituary.
The “money” expert more or less said the huns were toast.
I like toast.
pigalle
CRC
If it was MWD and Lennybhoy it would be Black Pudding
How were yer coors light?
Craig Whyte says:
13 February, 2012 at 23:24
Is it just me or is there a crisis at Ibrox???
***********************
Pack that in now and take yir medicine, we need you to stay strong, oh and hell slap it into that Moonbeams character innaw :¬)
V
HH
TET,cheers mucker thought my posts were invisible;-)
The financial expert on BBC was superb. I actually jumped out my seat when he mentioned the word “integrity”
The dug had an accident but hey ho it was worth it :-))
ItaliaBhoy says:
13 February, 2012 at 23:17
Speirs showing his true colours on Newsnicht now. Total hun. No apology for millions and millions of debt…
He’s just Darryl King with a posh voice.
—————–
you nailed it – spot on.
Tricoloured Ribbon says:
13 February, 2012 at 23:36
I’m supping a bottle of Harviestoun’s “Bitter and Twisted”…. surprisingly, its mighty sweet
Tricoloured ribbon,
just the 3 pints,you must be working in the morning
A momentous day for Celtic fans and especially those who can remember the dark days of the 90s where concern about Celtic ceasing to exist was conspicuous by its absence. Just thought I’d share a couple of observations on all of this.
Did anyone notice the complete lack of fan presence outside Ibrox compared to the night at Celtic Park when the rebels saved our club. There were more people outside Celtic Park last season to express support for Neil than there were outside Ibrox tonight at the moment their club stands on the edge of the abyss. It is obvious that we are far more passionate about our team than they are about theirs but I was gobsmacked that nobody seemed to give a toss about their club.
I also watched Newsnight with Graham Speirs and he said that the SPL title race without Rangers would be a one horse race with the winner (presumably he meant us) 25 points clear. Have the Scottish media completely forgotten the 90s? Where were the complaints about Rangers running away with 9 in a row?
For everyday I was a Fenian b on the school bus. For every time the local Huns battered on our windows. For every degenerate who abused my Dad when he was out walking the dog? For every Catholic footballer who was turned away from Snake Mountain upon them discovering his “background”. For every stolen title. For every stolen cup. For every derby defeat achieved with wage heavy, tax light players. I have been waiting on this day for a long time and I will shed no tear for them.
Craiginho
PS my middle name is Whyte (no joke) and I’m claiming the credit for administration!
Thanks Paul I look forward to that! Can I make a few suggestions?
hamiltontim says:
13 February, 2012 at 23:38
laughed out loud and woke my ill son next to me in bed. shame on you
Great to see the hun Duffield,who is always totally oblivious to the carnage round about him,being wheeled out to face the cameras.The Lord Melchett of Scottish Football.
celtic40me says:
13 February, 2012 at 23:33
Have I?
Infrequent poster but committed lurker, been about all right.
Today was first in a long while that I was just too busy to lurk in the afternoon so didn’t find out about huns until 17.30 as I was shutting down my PC in work at the end of the day. Could not get onto CQN so tried Newsnow and saw the headlines Yippee moment and then straight onto phone to pass on the news(old news at this point)..
So me and a bottle of Toro Loco have been savouring the huns humiliation.
I hope newsnight gets put up on youtube.
The great thing is that they brought all of this on themselves. They are payong for their years of cheating and tainted titles. And they can’t blame anyone else no matter how hard they try.
Battery about to die so heading for bed. At a conference tomorrow – will be easy to tell the tims by their broad smiles!
Just A Perfect Day, Drink Sangria In The Park, And Then Later, When It Gets Dark, We Go Home. Just A Perfect Day, Feed Animals In The Zoo Then Later, A Movie, Too, And Then Home.
Oh It’s Such A Perfect Day, I’m Glad I Spent It With You. Oh Such A Perfect Day, You Just Keep Me Hanging On, You Just Keep Me Hanging On.
Just A Perfect Day, Problems All Left Alone, Weekenders On Our Own. It’s Such Fun. Just A Perfect Day, You Made Me Forget Myself. I Thought I Was Someone Else, Someone Good.
Oh It’s Such A Perfect Day, I’m Glad I Spent It With You. Oh Such A Perfect Day, You Just Keep Me Hanging On, You Just Keep Me Hanging On.
You’re Going To Reap Just What You Sow, You’re Going To Reap Just What You Sow, You’re Going To Reap Just What You Sow, You’re Going To Reap Just What You Sow…
HH
still no sign of a cracked crest then???
We all smiling?
I am laughing.
Let us see the cracked crest Jabba.
Happy, happy days.
It is important to destroy your enemy when he’s down.
No mercy.
Hail hail.
The Spirit of Arthur Lee says:
13 February, 2012 at 23:38
Went down a treat. Shared them out in the bar when Frank was singing. Even managed to open them without a bottle opener. Those worktop edges come in handy!!
HH
CRC
So if all their trophies revert to the runner up of the competition, would that be 13 in a row
unluckyforsomecsc :oD
THE EXILED TIM says:
13 February, 2012 at 23:29
I got the impression he was bursting to say more when cut off – particularly on the CVA route (which was quickly brushed over).
Too big an expose for RTC – though a possible key blogger?
As I said to you last week – chill-out and let it all unfold.
I’m off to bed – knackered with; channel hopping, listening to radio stations and hitting the F5 key – it’s been a long day.
I am sure there is more to be unravelled!
Aye, Mr Stephen with a PH Morrow did look a happy chappie :>)
Well daily record …..
Hope you’ve booked your coffin and hearse for ibrox complete with broken crest!!!
Just about to go off to bed and up popped Duffield on SSN! Better than the finest (Paul) Hartley Jelly! Maybe posted already, but, in his most articulate, unique way, when asked a question about the previous regime said…..
‘This is the decisions to do with getting the club into, eh, into a good club’.
I rewound it 6 times! He is gold, and yet he doesn’t know it, being so humble. The Dream Team of Whytey and Duffield!
…or wait, is he really looking to get the club into an eh, good club – are Cowdenbeath about to provide a solution?
Sorry, laughing!
The Idiot says:
13 February, 2012 at 23:38
‘Speirs showing his true colours on Newsnicht now. Total hun. No apology for millions and millions of debt…
He’s just Darryl King with a posh voice.
—————–
you nailed it – spot on.’
################
Dawyll’s a better journalist. Speirs is just a posh middle class guy who relies on being a posh middle class guy. Being posh and middle class does not make you sharper or better informed.
Murray, Whyte and Souness at Gleneagles tonight?
A wee song and a banner for game at Poundland(if they can fulfil their fixtures),There’s not a team like the Glasgow Rankers,no not one…..
Burnley78 says:
13 February, 2012 at 23:34
I hope you had memories today of your speech at the huns night after Motherwelll game and the days you have had to sit with them… this is pay back
Paul67
“We dont need no stinkin’ rangers”
should that be sung to the tune of : another (red ) brick in the wall?
pc67
Incidentally
Someone at LLoyds Group will be getting a massive slap on the back from his/her bosses for getting out of Rangers.
Dodged a major bullet there.
I went to school in Blantyre – which isn’t a million miles from Motherwell. Nobody I knew in Blantyre spoke like Craig Whyte….
Is there a completely different accent in Motherwell…mind you Motherwell Chairman does have a distinctive accent too..I thought Whyte sounded weird…
13 February, 2012 at 23:11
Lets see apart from the list below, everythings rosy down ibORCS way……..
There’s;
1) the big tax bill
2) the wee tax bill
3) current PAYE commitments
4) NI contributions…. there is also
5) utilities bills i.e. electricity
6) water
7) gas
8) maintenance bills ye know from the MIB employers.
9) hotel bills
10) transport moneys
11) accountants fees
12) solicitors and
13) wages……
14) admin….. ok stationary
15) payment of debt facility
16) GCC payments, council tax etc
17) Insurance…..
18) Asbestos thanks bigphil47
19) Coatbridge Roofers bill – ta setting free the bears although not strictly rfc, its definately affecting the root cause of the party :¬)
etc….. please feel free to add to this debtors list, I suppose it could also be part of a party invite…… :¬)
V
‘Follow Follow’, ‘We are The People’ – no longer heard from spire and steeple.