Following RangersTaxCase’s information that Rangers-HMRC First Tier Tribunal report was in the hands of both parties’ solicitors on Friday, I subsequently heard the report runs to in excess of 300 pages. It will be published by the court authorities in due course but I don’t expect anything this week. Any attempt to spin or release excerpts from the report could be considered contempt so it is likely that we will hear nothing formally until then.
Once the report goes live you can expect an already-prepared summary with plenty of focus on what the FTT denied HMRC. HMRC will not achieve a clean sweep, some matters were dealt with correctly, but there will be no surprises on these pages for the thrust of the findings.
I’m looking forward to an entertaining and final dose of bombast from one of the parties, hopefully in keeping with some of the all-time favourites from March 2000, “Rangers are moving on to another level from the rest of Scottish football”, “the Glasgow giants are setting an agenda that no other Scottish club can match”.
That famous article in The Herald asserts “The Ibrox chairman [Sir David Murray] has spent several months and many sleepless nights piecing together the plans which will eliminate Rangers”.
It does, of course, insert the word “debt” into the end of that sentence but sometimes fewer words paint a more accurate picture. While we’re on a related subject, well done to Sports Direct FC for reaching the summit of the Third Division on goal difference. That manager’s definitely worth keeping. Ashley’s money is being wisely spent.
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Morning All from an overcast Germany, already got the nerves, but what a great day to be a Celt.
HH
Was a bit ahead in early morning tasks so thought I’d sort out a few old print outs of drawings or parts of DBI’s so I’m binning what I wont need again and can find the stuff I do need faster.
Forget the DBI’s. I never realised how much CQN I have in and around my desk.
Tax case stuff, BRT+H articles, couple of Paul67’s with one or two choice cuts from others.
Pretty much anything I’ve handed to miserable zombies to make my argument for me.
Even a diagram of an orange, a liquidizer, and a glass of orange juice.
Which I really should laminate.
CelticQuickNews, adjusting productivity levels everywhere
#KeepTheFaithCSC
13 wins/draws and 15 defeats v Spanish opposition? Approx. 50% success rate getting something, personally I would accept getting 1 point from 6 in the next 2 games.
Re the Trump documentary, as a golfer all I can say is that I am ashamed of Salmond and his lackeys for dropping their trousers and allowing this bully anywhere near our shores. The desicration of the land and treatment of the residents is shocking.
An excellent watch.
Hope the wind farm gets the green light.
Getting excited now about tonight’s game however it is tempered as I am attending a tutorial from 7 ’til 9 tonight.
Will just have to catch the last 25 minutes in a pub somewhere…
AAAARRRGGGHHHHHHH!
Really think that our team is going to be very, very special and tonight in the nou camp will be a gauge as to how far we are on the journey.
Have a vision of solid defending and incisive attacking on the counter from our bold Bhoys!
Really think we can get a point!
C’mon the hoops
Big thank you to Winningemmell for all the work done in compiling that info, above.
WG
Did you get your Chicken free KFC?
BBC Radio 4 Today@BBCr4today
There is a danger of the #Savile scandal ‘turning into a BBC crisis rather than remembering the victims’ – @NAPAC chief exec Peter Saunders
Buenos Dias amigos!
Just a wee thought…
Neil will be sampling traditional Catalan cuisine – paella. While the Whispering Grass will be sampling traditional Sevco cuisine – pies.
Happy days.
HH
Morning all the old insides are going nuts.
Believe believe believe Celtic and you just never know.
KFC = UFK = Unlucky Fried Kitten
In oor hoose
Being a Celtic supporter is a gift and something that we appreciate is special.
Some days though it just feels that extra bit special, today is one of those days.
I believe my heart may just burst with pride when I watch those young men walk out that tunnel this evening in Spain.
Moves to change SPL voting structure blocked as top tier clubs meet at Hampden http://bit.ly/UvwH7E via @Daily_Record
lionroars67 @ 8:12
Yeah, I saw that, too.
I bet all those eejits who said recently that they’s bought Lance Armstrong’s ‘history’ are feeling like right eejits, now … !
;-)
Morning CQNer’s
Just dropped in to say….
Eleven Neil Francis Lennon’s on the pitch tonight and, we’ll be – Unbeatable ! imo
A once great Celtic observer on occasion would opine that, football teams would
assume their managers image on the pitch.
If, Lennon’s Lion’s shape-up in the image of NFL tonight then, I predict a shock in store for Barcelona tonight.
I have to go oot again but, before I go, can I just say…
May God’s Light Shine On Wee Oscar Knox aka The Warrior(Bless).
and His Incredible Family.
May God also Shine His Light On Every Celt in Barcelona This Week(especially CQNer’s)
Off oot
Hail Hail
KTF
YNWA
P.S. Barcelona 1v1 Lennon’s Lion’s
laters…
.
G’Day CQN..
I’m Posting from My New Hammock.. Is that a CQN first..?
How will Sammi Play tonight ..?
Will Barcà let him Play..? I think they Will.. That could be Costly..
He Slayed the Russians.. He Slayed the Hellsings.. He will Slay the Catalans..
Summa of SalvadorSammiCSC
Folly Folly
08:46 on
23 October, 2012
Was on Sevco Media this morning
Since football began teams have been dismissed from competitions regarding problems with the registering of players, the SFA over its history has caseloads by the thousands of cup/league game protests, yet the Sevco fans are declaring the SPL have no right to remove titles due to players being improperly registered, complete denial, will the SPL have the cojones to claim money obtained by ole Rankers for winning titles by cheating?
I have to start a night shift tonight at 7pm, will miss the match as it happens live, none of the orcs would swop shifts…………………….. torture
hen1rik
08:46 on
23 October, 2012
Moves to change SPL voting structure blocked as top tier clubs meet at Hampden http://bit.ly/UvwH7E via @Daily_Record
Ignore the drivel above
.http://www.bbc.co.uk/sport/0/football/20036930
SPL continues talks over voting structure
Scottish Premier League clubs will continue talks over potential changes to the body’s voting structure after failing to reach a decision on Monday.
I won’t be able to enjoy Dodgeball any more.
Lance Armstrong’s cameo was the crux of the story.
KevJungle – Murdo..10 men Championees..1979
08:47
If we had 11 Lennons on the pitch who would they pass to?
There wouldn’t be any wingers or overlapping fullbacks to square the ball to.
But yeah, if we have 11 players as competitive and driven as Lenny always was (and is) I’ll be happy with the team.
hen1rik
08:46 on
23 October, 2012
Are you saying the Daily Record is lying lol.
proudbhoy
07:32 on 23 October, 2012
S.B.S. ONLINE AS WELL.
The locals are starting to sit up and take notice.
:-)
Forster
Lustig Ambrose Wilson Izzy
Wanyama Mulgrew
Brown Ledley Samaras
Hooper
goldstar10
09:11
That the team you would play?
Goldstar10
Agreed
Subs Zaluska, Matthews,Kayal, Commons, Miku, Forrest, Watt.
Catman – COYBIG
I was thinking that the bookies would not be, at all, surprised to see Barca turning over a 3rd or 4th seed opponent by anything from 3:0 to 7:1.
It is a wee bit re-assuring, therefore, to look at their home CL results over the past 5 seasons at group stage:-
2011/12- 2:0 and 4:0 vs Vic. Pizen and BATE
2010/11= 2:0 and 2:0 vs Copenhagen abd Kazan (but 5:1 vs Panathanaikos)
2009/10-2:0 vs Kiev but lost 1:2 to Kazan
2008/9- 3:1 vs Sporting, 1:1 vs Basel, and 2:3 Donetsk
2007/8- 2:0 and 3:1 vs rangers and Stuttgart (3:0 vs Lyon)
They only scored more than 3 on one occasion (against a 2nd seed). In the same period they scored 5, on three occasions, in CL away ties against the same opposition.
Therefore, on past evidence, maybe we should only expect them to score their standard 2 goals and then play keep-ball.
The fly in the ointment is whether that wee bassa Messi wants to score a hat-trick to dedicate to his new wean.
HT
I agree, – I feel for some of those young men that have never played against a club as big as
Celtic.
SoG- Aye!
Today’s Breakfast for Celtic fans all over the world.
Lisboa 1967 CSC
setting free the bears
09:19 on 23 October, 2012
Cometh the hour,cometh the man.
Broony for Messi.
Jock v Argy :-)
SFTB
Has Messi’s baby arrived … ?
FF
How could der orkenkind possibly have traded out of administration? Using the £30m-£18m debt reduction in two years is utterly laughable. Utterly. And it insults our intelligence.
The Big Tax Bill (let’s not call it a case, that was but an appeal, it was a bill plain and simple) was for a total, apparently, of around £75m. Now, given that HMRC were down for a good £19m more than that and the overall debt was £60m more than that £75m, one might be forgiven for thinking that bringing down a £60m debt with no Champions League income may just have been a tad beyond them.
But don’t simply take my word on it, let’s look at the figures:
In the two years where their ‘cost-cutting’ kicked in, Rangers reduced their debt by £12m.
In those two years, Rangers played Champions League football in front of 255,000 punters. As well as the gate receipts from those ties, Rangers also received €36m from Uefa.
They made a ‘profit’ of around £2m on players sales during those two seasons.
They ‘won’ the SPL twice, gaining two amounts of at least the difference between 2nd and 1st place prize money, possibly between 4th/5th/6th?? and 1st place. Another £1m+?
Arguably, Rangers made gains they would otherwise have been unable to make, of around £41-£45m.
And they reduced their debt by £12m. Which is to say that during those two years they ran, using inherent income, at a loss of around £15m a year (inherent as in: that which is permanent, or could annually and actually be counted on).
Going back to the ‘no Big Tax Bill’ scenario mooted by fools: HMRC were still due around £19m from a total debt of about £60m (if you include Ticketus), i.e. had HMRC pushed for admin as they did in February, a CVA would still not have been agreed to. Which brings us nicely back to either liquidation for der orkenkind or a laughable attempt to trade their way out of £60m debt, £19m of which would be due immediately (or else admin and liquidation follow).
So, no big tax bill scenarion: this season, der orkenkind would have had a working income, all else being equal (and still no European football – no accounts see?), of around £40m, £19m of which would be due to Hector. And another £4m of which would also be due to Hector (VAT on this year’s tickets). So, around £23m of that £40m is gone, as Tommy Cooper once would have said: Just Like That!
Still, the debt would be down to ‘only’ £41m, £27m of it due to the conductor on the Ticketbus, around £7m of which would be due from the current season’s tranche of ticket sales.
So really the debt is down to very manageable levels; manageable, that is, if you are in the Champions League group stages and even then, only just. Debt is actually down to around £33-34m.
What’s that? Running costs you say? Why, they’d have a full £10m to play around with to cover those. Oh, the payroll is almost double that figure.
No matter, just get a loan from the bank. Or mortgage some Season Tickets.
Or liquidate. Which was always going to happen.
Bourne
Allegedly Messi had an wee accident in bed last night when he awoke from a nightmare thinking about coming up against Victor Wanyama.
https://twitter.com/murneybhoy/status/260657801083359232/photo/1
Morning bhoys – sittin in Changi airport in Singapore about to board a flight to Shanghai -anyone know anywhere in Shanghai I can watch the match ? Will be a 2.45am kick-off, but is do-able even though work might suffer a bit tomorrow ? Any Shanghai CSC out there ???????
goldstar10
Re the Trump documentary, as a golfer all I can say is that I am ashamed of Salmond and his lackeys for dropping their trousers and allowing this bully anywhere near our shores. The desicration of the land and treatment of the residents is shocking.
An excellent watch.
Hope the wind farm gets the green light.
——————————————–
agree 100%
shocked m8
an insight into salmonds scotland
So nervous and so excited……and hearing that little Thiago Messi hasn’t made an appearance yet?
Here’s hoping he’ll arrive around about 7-8pm this evening.
Good morning from a foggy Southend Airport – a folksy, pop-up addition to the list of airports named London which are anywhere but.
Looks like our flight will depart on time, though I know some bhoys at other airports are delayed.
Wrong day to blow a haar in, Jack Frost!