McIntyre, evidence on the descent towards insolvency

808

When asked on Twitter four years ago how Rangers were granted a licence to play European football in season 2011-12 when they were overdue with HMRC, SFA chief executive, Stewart Regan, replied, “If someone sends you a bill you disagree with then you do not accept it was overdue”.

Any business is allowed to dispute a tax demand, but former Rangers director, Donald McIntyre’s evidence at the High Court in Glasgow yesterday was clear, Rangers had accepted liability for unpaid PAYE and National Insurance claims in connection with the Wee Tax Case (DOS) in 2010.

If, as Regan suggests, Rangers misrepresented this fact to the SFA Licencing Committee in their March 2011 application, the Association now have action to consider.

If you have been around this story for the best part of the last decade you will recall a number of us writing on the perilous state of Rangers finances while the club was under the control of Sir David Murray. This was robustly disputed by the club at the time, but in his evidence McIntyre noted that, under Murray, the club appointed an insolvency expert to ensure they were not trading illegally.

Just one month before the sale of the club to Craig Whyte in May 2011, in an email produced by Craig Whyte’s counsel, Donald Findlay, Mr Mike McGill of Murray Holdings, advised that “it would appear forecasts for club have deteriorated, we will breach bank facility”.

Asked by Findlay if “HMRC were coming for the club and were after blood”, McIntyre said “Yes.” The directors of Oldco Rangers omitted this sentiment from their public comments at the time.

Rangers were a football club running a perilous financial strategy from the 1990s until liquidation was eventually confirmed in 2012. They established a mindset, not only in their own support, but in parts of ours too, that spending money you couldn’t afford on casino football was the only acceptable way clubs should behave.

You still hear the echoes of those times, from Willie Henderson’s request that Newco spend £50m, to comments a lot closer to home when Celtic fail to win a football game.

Please remember that while it is OK to report evidence discussed at court, you should not comment on matters pertaining to the charges against Craig Whyte.

img_3318-7.jpg

T-SHIRT STOCK UPDATE: Remaining stock as follows….Small 2 left, Medium 3 left, Large ONLY 1 left, XL 11 left and XXL 8 left. There won’t be a re-print so order now if you want the t-shirt (£14.99) or t-shirt and book (£19.67) at cqnbookstore.com

 

Click Here for Comments >
Share.

About Author

808 Comments
  1. Pages:
  2. 1
  3. 2
  4. 3
  5. 4
  6. 5
  7. 6
  8. 7
  9. ...
  10. 22

  1. VFR800 is now a Monster 821 on

    James Doleman‏ @jamesdoleman 20m20 minutes ago

     

    Document shown to court: email, 4 March 2011 from Craig Whyte to Ross Bryan.

     

     

    James Doleman‏ @jamesdoleman 18m18 minutes ago

     

    Document says Whyte has mentioned to Sir David Murray that a third party fund would be providing “a significant chunk of the financing”

     

     

    James Doleman‏ @jamesdoleman 18m18 minutes ago

     

    Murray says he has no recollection of conversation

     

    #WhyteTrial

     

     

    KTF

  2. The Green Man says SACK THE Board on

    They will find that Sir David has been insulted, and award him 2 or 3 Million out of public funds, so that he isnt too upset by this legal outrage:)

     

    Poor Sir David

  3. !!Bada Bing!! on 26th April 2017 12:37 pm

     

     

    Getting the impression Findlay is giving Murray enough rope here…….

     

     

    ————————————————————

     

    Findlay hasn’t even started questioning yet!! Murray is a prosecution witness and under questioning from Prentice he is hitting out with all these inconsistencies. I look forward to Findlay’s turn…

  4. What is the Stars on

    Ding Ding

     

    Seconds out

     

     

    Donald about to cross examine

     

     

    Wheres yer trewsers

  5. Is Murray cute enough to give Findlay and Co enough to discredit himself, thus letting Whyte off, and they all lived happily ever after?

  6. Findlay “Football can be very unpredictable…a bad refereeing decision can see millions of pounds evaporate before your eyes”

     

    Murray “yes”

  7. Timreaper

     

     

    I can be pedantic on some points but what is coming out is that irregular ebts were used to pay De Boer and Flo from 2000 to 2002/03 so using LNS own logic the 2003 title should be removed regardless of SC decision.

     

     

    If SC find for HMRC on the BTC ebts the same LNS logic demands removal action there.

     

     

    Having said that what the wtc machinations will show is that RFC deliberately kept side letter information from authority, in this case HMRC in 2005.

     

     

    The fact is the guy in charge of paperwork at the time in 2005 Mr A Dickson is the same guy who told the FTT he didn’t think the SFA needed to be given side letter info.

     

     

    Others might be responsible for the ebt policy but Mr Dickson, a current Director, was the instrument on which they were played out.

  8. Canamalar it looks like OCD obsession on

    Auldheid,

     

    You forgot to mention he was a member of the SFA compliance board at the time.

  9. Murray says David King had been on the board since 2001

     

    Findlay “What was a South African businessman doing on the board of a Scottish club?

  10. On a general point I’ll remind folk that Res12 asked for Celtic to ask UEFA to do what in effect the courts are now doing.

     

     

    So in a sense Res12 is no longer necessary although UEFA should have an interest in what is emerging, even if only to review the efficiency of their rules in doing what UEFA INTENDED.

     

     

    A bit of recalibration on objectives and thinking required.

     

     

    Aff oot.

  11. Prospective former Rangers owner Bill Ng arrested in Singapore over missing funds at his club!

     

    Well I never! :-)

  12. What is the Stars on

    Murray says making the Champions League was “bigger than season ticket money” £20m v around £12m

  13. What is the Stars on

    Pracepta

     

     

    Yes but he has already served 4 months of the ban ( August to December 2016)

  14. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS on

    WHATISTHESTARS

     

     

    Does that mean he can go to the bookies again?

  15. WITS

     

    He’s got a £30K fine also and just missed out on POTY award on Sunday night!

     

    :-)

  16. Auldheid

     

     

    Surely in relation to Stupid FC (old) licensing then UEFA are still the go to dodgy mob who need to deal with this. What is said in a Scottish court will have no implication with regards the licensing unless UEFA get involved by coersion or by their own volition.

     

     

    I doubt they will be looking in on the Scots court to fact find.

     

     

    Without UEFA pressure I imagine the bullets will keep being dodged by Stupid FC (old and new).

     

     

    MWD

  17. Canamalar it looks like OCD obsession on

    Guys, there seems to be a wee bit misunderstanding on Res12, it was to ask for an investigation into the SFA and their administration, not investigate Whytes takeover. There’s a massive difference.

  18. Canamalar it looks like OCD obsession on

    What Has been reinforced so far is that Murrays ownership was responsible for both the licensing application and unpaid tax bill prior to Whyte taking over.

     

    Could DF be leading up to asking about that application ?

  1. Pages:
  2. 1
  3. 2
  4. 3
  5. 4
  6. 5
  7. 6
  8. 7
  9. ...
  10. 22