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Dunfermline statement on Rangers

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This evening’s announcement by Dunfermline Athletic that they no longer expect to receive timely receipt of the £80,000 ticket money Rangers FC PLC (in administration) owe them will heighten concerns at Inverness Caledonian Thistle, who have a stock at tickets with Rangers right now, money for which will be received by the administrators in advance of their game later this month.

The administrators have yet to decide whether to retain high-earning players or make more funds available for existing creditors, and future creditors, like Inverness.  As ticket sales for the Inverness game are on-going, the administrators will need to be aware of their legal position before retaining a premium squad.

One final push (this week) for the Vanessa Riddle Appeal. We have a Celtic top signed by the first team squad available to auction on eBay. You can bid on the auction and help send Vanessa for the treatment she needs by clicking here. Thanks to Penfold for the donation and to Taggsybhoy for organising (yet again).

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  1. Also regards the clubs owed money the sanctions are simple:

     

     

    Scottish Cup outstanding money – Banned from next years competition.

     

     

    SPL outstanding money – points deductions.

  2. your in my heart on

    Guys I have been listening to all these so called ex rangers players who would all love to see their beloved club being saved they canny go captain theyre an institution breaks your heart so it does anyway heres a suggestion hows about them giving back the part payment ebts money they were given over the years dont want to cant see why they should didnt think they would anyway my point is caller if your one of the sinners get off the radio tv etc oh and dont forget the reporters who dined at murrays table they are just as guilty send them all down the krapper

     

     

    no to newco nobody likes you we dont care

  3. Reposted from the last update. Talkin to myself there!

     

     

    Heres the reply i received from Margaret Curran.

     

     

    Dear Mr McGarvey

     

     

     

     

    Thank you for taking the time to contact me following the decision that has placed Rangers Football Club into administration.

     

     

     

     

    Football is Scotland’s national game and for one of its biggest clubs to be in such difficulty has an impact right across our city and indeed, the rest of the country. Without doubt, there are serious questions to be asked about how Rangers have found themselves in this position in the first place.

     

     

     

     

    However, I am absolutely clear that Rangers Football Club is not above the law and the HMRC has a duty to ensure that the club meet their tax obligations just like every other football club, business or individual.

     

     

     

     

    I have called for the HMRC to ensure that they focus on the best outcome for both the club and taxpayer. The HMRC should consider all options to keep the club functioning, purely on the basis that the best way for the club to pay back all the money that they owe is probably through continuing to operate. We should keep in mind that there are a number of other clubs – including Dundee United and Hearts – that are also owed money, as are a number of other businesses based in Glasgow. If there is no income coming in to Rangers Football Club, it is less likely that the tax payer and other creditors will be able to reclaim all of their money back.

     

     

     

     

    In the coming weeks, the corporate governance at Rangers Football Club will continue to be the focus of much debate. This crisis did not occur in the last year, but appears to have been the cumulative effect of poor management of the club’s finances over quite some time. These individuals responsible will have to account first and foremost to the fans of the club, many of whom will be deeply concerned about the dramatic developments in the last week.

     

     

     

     

    Best wishes,

     

     

    Margaret Curran MP

  4. Had a look at the BBC website… Bottom of SPL page, team by team.

     

     

    Every team has the one same headline…

     

     

    SPL TV deal reliant on Rangers

     

     

    12? Of them….???????? All in a row.

     

     

    Is it the editor that is absurd, the culture or do subliminal messages work?

  5. Ten Men Won The League on

    What Salmond says on the matter is utterly irrelevant

     

     

    He is powerless to intervene. HMRC take their orders from Westminster, and Salmond isn’t exactly on their Xmas card list

     

     

    It’s just political grandstanding. He cannot and will not do anything

  6. ontheoneroad says:

     

    15 February, 2012 at 18:49

     

    I think we need to be careful what we wish for. My understanding is that the worst option would be for liquidation at rangers, that would allow rangers newco to be established. The new team would probably get back into spl and also be debt free.

     

    ———————————————

     

    But it will not be Rangers. It will be a new team no history – NADA.

  7. I am fully expecting an immediate announcement from Salmond to the effect that he will shortly nationalise two teams, one each from our largest cities.

     

    This will be done for the sake of the economy, Scottish football and the continuation of fine traditions.

     

    Oh and being a national asset, both sides will automatically start each season with a ten point lead.

     

     

    ‘GG

  8. Ten Men Won The League on

    From CU Twitter

     

     

    CelticResearch CelticResearch

     

    by celticrumours

     

    David Grier returned to Ibrox yesterday. At £500 per hour why was he there? He is not the administrator

  9. Nakagod says:

     

    15 February, 2012 at 18:43

     

    Alex Salmond defending the tax cheats! What an absolute joke! Felt sick watching that. So Alex, can we expect you to throw your weight behind every tax cheat in the country to make sure they get the best deal possible? Total hypocrisy! Say goodbye to my independence vote ya smarmy we niaf!

     

     

    share

     

     

     

    Well said matey, go easy on them it sounds to me.

     

     

    So it’s ok for them to cheat tax but when its me or you, we get no favours.

     

     

    Alex Salmond you are a mug, no wonder you and most MSP’s are in this job.

     

     

    Cheats Cheats Cheats, make their own rules up.

  10. ontheoneroad says:

     

    15 February, 2012 at 18:49

     

     

    Sorry, but you are wrong. Newco parachuting into the SPL is not a viable option. Apart from the fact that HMRC can, and would, intervene against such an entity, you assume that Celtic would sit back and let that happen. You also assume that the Celtic support would permit such an eventuality. Hugh Keevins assumes that we are all liars when we state our desire for a Scotland free of rangers fc plc (in administration);)

     

     

    All those assumptions are, I strongly suspect, misguided. Have some dessert and calm doon. I recommend jelly and ice cream.

     

     

    Hail Hail.

  11. The best possible outcome for Celtic would be rangers having to pay what they owe. I’d much prefer this to a newco scenario, 3rd division or otherwise.

  12. Ontheoneroad,

     

     

    I would agree to £10M per year for the next 15 years or so. That should cover what they owe plus interest.

     

     

    But

     

     

    They stay in administration until every penny is paid off. And that means starting every season on -10 points. No European football either.

     

     

    Seems fair to me.

  13. Ten men won the league

     

    Whether he is relevant or not he has given his point of view and he can have mine stick your independence up you jacksie

  14. Correct me if I’m wrong, we are only at the stage of the £9 million since MBB took charge, once the big

     

    tax case is lost then it must be liquidation??

     

     

    Hail Hail

  15. Paul,

     

     

    What are the odds on criminal procedings against the architects of the EBT scheme?

     

     

    How many years in the slammer will that be worth?

  16. Kevtic says:15 February, 2012 at 18:46

     

     

    Just sent an email to our esteemed Sports Minister asking for clarity on the points she made…also asked her for a quote on the Donaghy Group who went to the wall today and employed the same amount of people as our tax dodging south side friends!!! Not heard the same clamour for them to be saved.

  17. lochgoilhead bhoy on

    David Prowse says:

     

    15 February, 2012 at 18:51

     

     

    SNAP

     

     

     

    Dear *******

     

     

    Thank you for taking the time to contact me following the decision that has placed Rangers Football Club into administration.

     

     

     

     

    Football is Scotland’s national game and for one of its biggest clubs to be in such difficulty has an impact right across our city and indeed, the rest of the country. Without doubt, there are serious questions to be asked about how Rangers have found themselves in this position in the first place.

     

     

     

     

    However, I am absolutely clear that Rangers Football Club is not above the law and the HMRC has a duty to ensure that the club meet their tax obligations just like every other football club, business or individual.

     

     

     

     

    I have called for the HMRC to ensure that they focus on the best outcome for both the club and taxpayer. The HMRC should consider all options to keep the club functioning, purely on the basis that the best way for the club to pay back all the money that they owe is probably through continuing to operate. We should keep in mind that there are a number of other clubs – including Dundee United and Hearts – that are also owed money, as are a number of other businesses based in Glasgow. If there is no income coming in to Rangers Football Club, it is less likely that the tax payer and other creditors will be able to reclaim all of their money back.

     

     

     

     

    In the coming weeks, the corporate governance at Rangers Football Club will continue to be the focus of much debate. This crisis did not occur in the last year, but appears to have been the cumulative effect of poor management of the club’s finances over quite some time. These individuals responsible will have to account first and foremost to the fans of the club, many of whom will be deeply concerned about the dramatic developments in the last week.

     

     

     

     

    Best wishes,

     

     

    Margaret Curran MP

     

     

     

     

    At least she has responded. I’ve still to get any kind of acknowledgement from Sports Minister Shona Robinson whom I contacted yesterday.

     

     

    Ms Curran is also now saying what Salmond was saying earlier – the tax must be paid back. Let’s see. Let’s hope. I have my doubts.

  18. Stevebhoy

     

     

    You need to look a little closer at SFA/SPL rules for admitting new clubs. Despite objections from Celtic, they could still go into SPL as a newco.

  19. Get the hankies out,caller just on snyde.Talking about his beloved rankers,almost crying.Boo Boo.

  20. MTT @ 18.25

     

     

    If I need a reference I will know who to ask.

     

     

    On the TFOD money hunt – interesting very interesting.

     

     

    Very little money coming in – £300-400K – plus pies.

     

    Then nothing apart from 3K ICT tickets for two weeks.

     

    Hertz should be good for travelling support and a WATP fest.

     

    However 35K season tickets are already sold and that limits the potential gate money.

     

     

    CW said that the TFOD outgoings are £3.5mill per month.

     

    Consequently the money balance isn’t looking good.

     

    Will the Administrator honour the season tickets for much longer?

     

    I wonder how much was left in the coffers – I think PP are already paying out on a big fat zero.

  21. A CVA would normally be less than 10% in the pound so at most 10M paid off at a couple of million a year over 5 years. The big prob they have is that Hector is unlikely to accept a CVA which means that Ibrox and MP will be sold.

  22. No doubt about it guys – any Team that stands behind Rangers here must face a bhoycott……it is the only fair and right thing to do. They can have the Tax paying Tic fans in or the tax dodgers – they cannot have both.

  23. Gordon_J backing Neil Lennon : That plus the titles or trophies won when using EBTs to be wiped from the record books and awarded to next in line or runners up .

  24. Joe Filippis Haircut on

    I think Alex Salmond has to be carefull he must support HMRC and not Rangers he must remember the 9 million that has not been paid to the revenue was deducted from the employees salaries and they were not aware until this week that it had not been past on to the revenue this to me is fraudulent.We also are awaiting the result of the tax case against Rangers brought by HMRC and could end up with Rangers oweing a further 49 Million plus to the revenue now they we have to remember are two different cases involving two different chairmen but in both cases its the public purse which has suffered.Mr.Salmond cannot pander to non taxpayers as it will ruin any credabiloty he has built up about his credentials to run an Independent Scotland and many voters will be lost if he does not understand this.Now both Sir David Murray and also Craig Whyte appear to have cheated there own employees and put the jobs of many of them at risk so Mr Salmond you cannot expect the Scottish voter to feel any sorrow and to dig into his or her pocket to dig out this company who have treared the tax man and its own employees with disdain.H.H.

  25. SNP – Wee Alex 60,000 + potential votes just flushed doon the drain – Muppets. Who in their right mind would vote for the SNP?

  26. StMichaelsBhoy2 on

    Liquidation for Rangers is the best possible outcome for me.

     

     

    I want that sectarian cesspit of a club dead.

     

     

    Sure there’ll be a newco, and their bigoted followers will latch themselves onto it, and it’ll look very much like Rangers, but Civil War Society members dressed up as Roundheads and Cavaliers look pretty much like the real thing too. But they’re not.

     

     

    A newco will have no history, no playing record, no European participation for at least three years. Nothing.

     

     

    I don’t care if they’re debt free – they’ll not be Rangers. No more five stars, no more counterfeit nine in a row, no more world record number of trophies. They’ll be dead as a dodo.

     

     

    And that’s exactly what I want.

  27. The Ghood will prevail on

    well done the first two callers on clyde – ice cream and jelly for those men!

     

    Ghuys, I wouldn’t be too concerned by the hot air of these politicians. These people are professional windbags. All they are doing is trying to appeal to the hun vote by pretending that they are concerned. Read what they are saying – give rangers a realistic payment plan, but still they must pay their taxes.

     

    Personally I’d fully support that approach – that way they’s have to pay back every penny, and we will win the league and every old firm game until 2112!

     

    To hear clyde punting paul murray as the next knight in shining armour (yaaawn…) is simply hilarious. He is one of the eejits who got them into this mess, so go on huns, kid yourselves on that everything’s going to be OK. One morning soon you’re going to wake up and realise there ain’t no rangers any more. And any newco – and it will be a new-co, your club will be dead – will NOT be granted instant SPL entry. Prepare yourselves for a lifetime of mediocrity.

  28. Ontheoneroad…

     

     

    There are rules which take precedence over the SFAAnd SPL, Thank God! Any Newco would be open to legal challenge. If the SFA issued a licence to play, anybody else in the country from St Roch’s to any of the others who have applied and failed to gain membership could pursue an action, if nowt else, based upon EU restrictive practise regulations…

     

     

    Cheers.

  29. Nakagod,

     

    It’s not the first time that Salmond has defended cheats (& I speak from personal knowledge). However, this has less than nothing to do with Scottish Independence: firstly, it’s not happening in independent Scotland but in the UK & secondly, Salmond has delayed Independence, not advanced it – in spite of which, he’s smarter than anyone in the other parties.

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