McIntyre, evidence on the descent towards insolvency

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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.

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808 Comments

  1. The Green Man says SACK THE Board on

    TD67

     

     

    Slightly convenient delay…maybe to allow some to regain their composure.

     

    Speculative society…nudge, nudge, wink, wink:)

     

     

     

    HH

  2. From yesterdays DR…

     

    The jury of eight men and seven women were told of a board meeting at the club’s Murray Park training complex on March 11, 2011, when the small tax case was again discussed.

     

     

    So theres 15 on the jury? Or is that 3 in reserve? If so why the adjournment?

  3. The Green Man says SACK THE Board on

    TD67

     

     

    Just random….but you will get the jist.

     

     

    Lord C asks Lord S to have a word with Lord B….shhh:)

     

     

     

    HH

  4. ernie lynch on 27th April 2017 10:30 am

     

     

    So what happens now?

     

     

    Do they all pile over to The Whistlin Kirk for a few pints and a roll and sausage?

     

    ——————————————–

     

     

    If they do then they might find my pal Benny in there blasting out the rebs. Or maybe that’s only after home games at CP…

  5. TGM

     

    Oh I know the script, but I can’t be above the law, and neither can the law be above me, it’s supposed to be impartial before and during a trial, so I can question the law on why the case did not continue today, obviously there’s an answer but no one seems to know, so it kind of leaves you thinking ,this isint right, when it clearly states on my post that the trial could continue, I know Wikipedia can be edited, unless someone can prove that wrong, then this does not sit well with me, my opinion.

  6. The Green Man says SACK THE Board on

    TD67

     

     

    Your instincts are spot on.

     

    As you know it runs deep.

     

    We are talking about people who will resort to anything to defend the crown, from 1701 until the current day, same families, same purpose, same bs.

     

    John Knox has a lot to answer for

     

    He will be cackling in hell right now:)

     

     

     

    HH

  7. BARNEY67 on 27TH APRIL 2017 11:56 AM

     

    From yesterdays DR…

     

     

    The jury of eight men and seven women were told of a board meeting at the club’s Murray Park training complex on March 11, 2011, when the small tax case was again discussed.

     

    So theres 15 on the jury? Or is that 3 in reserve? If so why the adjournment?

     

     

    Because the 1 absentee might miss potentially crucial evidence? If his/her absence persists, he/she would have to be dismissed?