Jockeying for FTT already done

735

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.

Click here to read the fabulous CQN Magazine for free, or strain your eyes squinting below. You can also buy a hard copy of the magazine here from Magcloud.

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  1. Lance Armstrong has been stripped of his seven Tour de France titles by the sport’s governing body.

     

     

    The International Cycling Union (UCI) has accepted the findings of the United States Anti-Doping agency’s (Usada) investigation into Armstrong.

     

     

    UCI president Pat McQuaid said: “Lance Armstrong has no place in cycling. He deserves to be forgotten.”

     

     

    McQuaid added Armstrong had been stripped of all results since 1 August, 1998 and banned for life.

  2. South Of Tunis on

    The Embrocation ?

     

     

    Their legend is spreading——-

     

     

    They get a big mention on a wall near Palermo FC’s stadium

     

     

    Big graffito declaring ANTIFA AKTION ! .

     

     

    To which someone has added a big = and these words

     

     

    Plook squeezing ?

     

     

    Tapping Daddy for 100 euros ?

     

     

    Mummy applying Embrocation to your nappy sores ?

  3. Anyone got a FTT decoder.

     

     

    Jabba spouted on SaT that it is likely to be in format of

     

     

    Number 2(Mr MCoist) got such and such in 2007 2008

     

    or

     

    Number 666 instead of(Mr Souness)got 30,000 kick back in 2005

     

     

    Right enough Jabba is full of hot air(not literally he really is a Fat b!!****)

  4. 50 shades of green on

    to all the guys and gals either in or on route to barca enjoy yourselves folks .

     

     

    i have a feeling that we are about to start a special time in our unbroken history as fans we have learned to trust in NIL,if the players old and new do the same then i think we can reach pastures new with this team.

     

     

    going to stay in tomorrow and watch the game with wee 50shades.looking forward to seeing the best player on the planet stop wee messi cmon Victor you know you can.

     

     

    HH

  5. “In response to the shareholders’ resolution, the Celtic board has stated that it would not back such a proposal as it would “seriously limit the number of potential sponsors available and hinder the company unnecessarily in any sponsorship negotiations that did take place.”

     

     

    Crazy Chuck would be hard pushed to beat that lie

  6. Steinreignedsupreme on

    Paul67 –

     

     

    The trouble with October is the amount of bills that drop through the door.

  7. Disappointed with the Celtic board coming out against that proposal. To be expected I guess.

     

     

    Then again, they probably know that Sevco might not be around much longer anyway!

     

     

    So jealous of you bhoys heading over to barca, have fun and hopefully we can get a result!

  8. In regard to Benfice/Spartak, 2 draws or a win each. I can’t decide what would be best for Celtic.

     

     

    The second day was not happy to FC Spartak Moskva. First, saw their hopes of qualifying for the knockout phase of the UEFA Champions League suffered a setback with a 3-2 home defeat against Celtic FC. However, Aiden McGeady says all is not lost and it’s not time to panic.

     

     

    “Still only lost two games,” said the midfielder from the Republic of Ireland.

     

     

    “I remember the beginning of the season was much worse, but everything can be overcome if we win the next encounter.”

     

     

    Inconsistency has been the main problem of Spartak this season.

     

     

    The spaces, Unai Emery’s team practiced football fluid, which has been pleasing to the eye. However, on a bad day, the team may have difficulty maintaining possession of the ball, while a defense that suffered 18 goals in just 11 league games does not help. The midfielder Demy de Zeeuw attempted to pinpoint causes for this weakness.

     

     

    “Sometimes we have good games, sometimes not,” said the Dutchman. “The problem is not how we want to play and we can. You can not get a good view if one or two players are not rise to the occasion, and that is why we are not achieving good results.”

     

     

    No doubt that the injuries do not help. The most titled Russian club suffered a serious setback last month with the loss of influential medium Romulo, by the end of the season due to an injury to the knee ligaments. The goalkeeper Andriy Dykan, who has been in excellent form, injured a shoulder recently and will still be three months away.

     

     

    However, with the ongoing international break, McGeady believes that this period may be beneficial to the team before the next game in the Premier League against FC Anji Makhachkala on 20 October.

     

     

    “Now we have a break, so I think the coach will watch the videos of the latest games and see what is wrong,” he said. “Obviously there are many people who are upset and tempers have been exalted as a result of our defeats, but sometimes that’s healthy.”

  9. Just managed to drag oldtim out of church an into a bar in barca

     

    Been in cheers now ryans Irish bar

  10. I seldom play the flute these days due to difficulties in obtaining codpieces to fit. During the more intense solos I find I can wear out a codpiece without even noticing until the police point it out whilst bundling me into the back of their Black Maria.

  11. rebelbhoy72

     

     

     

    12:58 on 22 October, 2012

     

     

    Fans usually accommodated on third tier left hand side corner across from main stand. take your Binnocs with you !

  12. Barca trained lunch time yesterday after playing Saturday night. They will also train tonight and at lunchtime again tomorrow.

     

     

    Keeking themselves… :0)

  13. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS on

    Traynor’s young Jabba-look-alike brother on SKY news at the moment.

     

     

    Uncanny likeness,apart from the hair-or lack of it.

     

     

    Steve Gillan,for those reading later,Gen Sec of Prison Officers Assoc

  14. Interesting reading RTC on twitter tearing spiers a new one, yet again, guys got more holes than a cheese grater.

     

     

    With Big Vic sitting on 2 yellows would it be better to play him Centre Half and move Efe into midfield tommorow, I would hate for Vic to miss second leg at Parkhead, and maybe Centre Half would ut him some slack in the tackling department.

  15. ASonOfDan

     

     

    “in regard to Benfica/Spartak, 2 draws or a win each. I can’t decide what would be best for Celtic.”

     

     

    My vote would be for two draws. It means only 4 points combined gained by our competitors as opposed to 6. It also means that both of them stay behind us in the league whatever happens in our 2 games with Barcelona, leaving us in the driving seat.

  16. Been thinking about Vic’s 2 yellows, maybe best he is out for the home game v Barca and is therefore available for the last 2 games- which are arguably more important?

  17. cadizzy

     

     

    If we can pick up a point out of the games against Barca we will be in a decent position. To be honest, I can see Benfica getting 2 wins.

  18. goldstar10

     

     

    Would Vic still only miss one game if he picked up another yellow, or is there a totting up system and he has had a red already this season??

  19. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS on

    A SON OF DAN

     

     

    I’m pinning my hopes on two draws for them.

     

     

    Assuming they then lose against Barca,two draws in our last two games sees us into the last sixteen.

  20. The Battered Bunnet on

    For those who missed it first time around, Ken Gallacher in peerless form, March 2000.

     

     

    Just as promised, Rangers are moving on to another level from the rest of Scottish football, as chairman David Murray announced a new investment of #53m for the Ibrox club, with a further massive cash boost soon to follow.

     

     

    The eventual cash injection could soar as high as #80m as Murray guides the club into what he believes will be a new, golden era for the Scottish champions.

     

     

    The money involved, the big-gest financial boost for any Scottish football club, will enable them to move into Europe’s elite over the next few years.

     

     

    Yesterday, however, Murray maintained, as always, that he will not turn his back on Scottish football to play in any other league, and that while he remains in charge of the club, he will retain a responsibility to the domestic game.

     

     

    It is clear from this latest move, however, that the Glasgow giants are setting an agenda that no other Scottish club can match – and that appears to include their Old Firm rivals, Celtic, who are trailing by 15 points in the Premier League championship and are now looking at a financial gap which the Parkhead club might not be able to bridge.

     

     

    There have been hints around Glasgow that Celtic could be ready to attempt a share flotation of their own, but it would seem unlikely they would be able to match the financial clout that Murray has put together.

     

     

    The Ibrox chairman promised his shareholders good news and a more prudent financial strategy at the last annual meeting of the club.

     

     

    He has now delivered this by taking on board several very heavy financial hitters, South African-based David King is worth around #300m – #20m of which he is investing in the club he followed as a young man in Glasgow.

     

     

    Trevor Hemmings is worth even more – around #500m – and he is also on board. Tom Hunter, also worth several hundred millions, is liable to join up soon and Murray himself is investing in excess of #9m, which is more than he spent when he took control of the club.

     

     

    Back then, Murray paid #6m to assume ownership and has seen the value of the club rise to #200m with a further hike in the estimate sure to come.

     

     

    The Ibrox chairman has spent several months and many sleepless nights piecing together the plans which will eliminate Rangers’ debt, currently sitting at around #40m, provide finance for the new training centre and the soccer academy which will be housed there, and still allow cash to invest in new players.

     

     

    Yesterday, as he saw the months of delicate negotiation culminate in the announcement of a one-for-three rights issue of more than 15m shares being valued at #3.45p and the further news that he and King, as well as Alastair Johnston, a senior vice-president with IMG, the giant sports’ management group, also taking up a number of shares, Murray was ready to talk about the new future for the club and his dreams for European success.

     

     

    He said: ”I want to make it clear from the outset that while our small shareholders, our supporters who have an interest in the club, will have the opportunity to invest again if they want, there is no pressure on them to do so.

     

     

    ”The bulk of the rights issue is being taken up by myself and David King and some other smaller investors, including Alastair Johnston, who is a long-time Rangers’ supporter.

     

     

    ”We also have Trevor Hemmings coming in as an investor and Tom Hunter will join us some time in the future.

     

     

    ”Essentially, the investment we require is in place and we also have a major media deal in the pipeline which is very exciting and will bring in further serious investment to the club.

     

     

    ”I told you earlier this week that I had run the club up to now on a high-risk strategy which has involved carrying large debt.

     

     

    ”These days are over. The whole method of running the club is going to change, because we are in a situation right now where we do not need to take the risks we have had to take in the past.

     

     

    ”We don’t have to spend the same money on players, for example, as we have had to do over the past two years when we were restructuring the team after the arrival of Dick Advocaat.

     

     

    ”At the moment, we have two new players set for next season, Allan Johnston and Fernando Ricksen, and Dick is looking for another quality striker. He is working hard on that right now.

     

     

    ”Dick and myself know what we are aiming for. We want to be in the Champions League every season. This is what we want for the club and this is what we have been working towards.

     

     

    ”However, we shall not be going on any wild spending sprees in the transfer market.

     

     

    ”We have a player or two to add to the squad – a top-class international front player, as I said, but we don’t need to buy Numan, van Bronckhorst, Mols, Reyna, or McCann – because we have these lads in place already.

     

     

    ”Believe me when I tell you that we are going for it this time – we want to be successful in Europe, and the money we are raising now will take us there.

     

     

    ”This is the last part of the jigsaw for me, but we shall always be a part of Scottish football and we will take our domestic responsibilities seriously.

     

     

    ”We respect the other teams in the Premier League and we know this news will make them try even harder against us. But, so be it.

     

     

    ”Barcelona don’t win every week. Bayern Munich don’t win every week. Manchester United don’t win every week. Yet, our supporters expect us to do so and we shall always try to do that.

     

     

    ”What we do know is that to be in the Champions League, we have to win the Scottish title, and that is our aim every season.

     

     

    ”We shall always be here with our roots.”

     

     

    However, the mega-deals Murray has been working on are sure to carry Rangers out of the reach of their rivals here at home and unless Celtic can somehow find the means to strengthen their own financial standing even the age-old rivalry between the Glasgow giants will be threatened as the Ibrox men grow ever stronger.

  21. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS on

    TIGERTIM

     

     

    Good point.

     

     

    I think the refs should book him every time he plays-that will make him less attractive to other clubs looking for a quality player.

     

     

    Oh wait-that didnae work too well with Paul Elliott. Off to Chelsea ASAP.

     

     

    Ach,play him up front,keep him out of bother. I bet he would be a revelation!

  22. What about a 5 3 1 1 formation tomorrow.

     

    Foster

     

    Issy Mulgrew Ambrose Wilson Mathews

     

    Ledley Bown Kayal

     

    Sammi

     

    Hooper

     

     

    To be fair I would love to see Tony Watt rather than Sammi as I think he is more direct than him and forces opposition into giving away free kicks. The amount of fouls and yellow cards he got given on Saturday against, a much inferior, St Mirren was amazing. However I still see Lenny going with the tried and tested.

  23. Monday 22nd October 2012

     

    Glasgow Celtic as the Champions of Scotland and sole representative of Scottish Football in Europe prepare for a Champions League clash against Barcelona on Tuesday evening, meanwhile on the darker side of the City of Glasgow the cogs of media spin can already be heard grinding away, their beloved (ex) club awaits the final indignity of being stripped of its prized possession, not the tainted titles, not the tainted cups, not the bike, nor the rowing boat, but the claim to be the quintessentiallly british football club will be gone, like craig whyte and david murray before him, mrs windsor is in the process of throwing them to the wolves, her man Hector has done his job, good ole Hector

     

    A list of papist scapegoats is being prepared by the media in readiness for this event, they need someone to blame,

     

    its all the fault of Catholic Schools and of course,

     

    Neil Francis Lennon.

     

     

    Could it really be Christmas in October?

     

    must be something to do with climate change.

  24. rangers are not my favourite team csc on

    pat mcquaid should resign as uci covered up lance armstrongs drug cheating for years

     

    and worse, mcquaid is irish

     

     

    AND YES there should be no more joint sponsorships with rangers

     

    have nothing whatsoever to do with that club

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