Jockeying for FTT already done
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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