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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The Busted Flush and his borrowed pomposity deserves everything handed to him, cold.
He personally orchestrated a campaign to belittle the most positive and special entity in our wider community.
His jibes will be coming back to haunt him for….
guid.
tell all the hubs you know
that it’s gonna be ten in a row
Joey Barton should have been banned for signing for Sevco.
Shirley csc
Tell all the Huns you know
Their Club is on Death row.
BSR
Surely signing for Sevco was punishment enough ?
JJ
Who would win in a fight between Victorian Dad and Minty?
HS
Hasn’t he suffered enough?
This is what it means to be Celtic
Champions again as you know
Brendan Rodgers is here for ten in a row
Ten in a row
GreatLyrics CSC
Foursie?
Murray came over well strong on us, and robbed us blind, and put the boot to us every opportunity he had, karma is a wonderful thing, with or without the disabilities card, it is what it is, he was what he was, and his disability didn’t get in the way when he was cheating, just a thought, harsh? SDM has previous on that, so I can live with that, he did. My opinion.
Murray and his cronies at the Bank of Scotland tried to pull the plug on Celtic in 1994. He can rot in hell.
Silence of the Succulent Lambs
#rangersmovies
The Scottish First Division club Airdrie have gone into liquidation with debts totalling £750,000. An extraordinary general meeting has been arranged for next Monday to discuss a change of constitution which could ensure the club’s survival. Currently no shareholder is allowed to own more than 10% of the shares – a ruling that could be changed at the EGM to allow new investors to become involved. The club’s provisional liquidator, Blair Nimmo of KPMG Corporate Recovery, said: “The club has first-class facilities and is an important institution within Scottish football. It just needs new investment.” Airdrie’s problems deepened yesterday when Rangers froze the struggling club’s share of the gate receipts for Sunday’s Scottish Cup tie at Dundee United. The Ibrox chairman David Murray applied for an interdict on behalf of his company Carnegie for a £30,000 debt owed by Airdrie.”
Karma CSC
TONYDONNELLY67 on 26TH APRIL 2017 5:29 PM
Indeed, his Thatcherite values shone through on many occasions. I recall he made it to the end of the Ibrox tunnel when RFC (IL) were leading Celtic and TBB was at full volume. Soaking up the glory like some kind of North Korean dictator.
Who can forget the Airdrie case as well?
“I feel very sorry for Airdrie and their supporters but we’re running a business. We have given them repeated warnings and felt they were playing on our good nature.”
http://celticunderground.net/karmas-a-bitch/
For every fiver Celtic spend we’ll spend a tenner of the Celtic taxpayers money.
TONYDONNELLY67 on 26TH APRIL 2017 5:29 PM
Murray came over well strong on us, and robbed us blind, and put the boot to us every opportunity he had, karma is a wonderful thing, with or without the disabilities card, it is what it is, he was what he was, and his disability didn’t get in the way when he was cheating, just a thought, harsh? SDM has previous on that, so I can live with that, he did. My opinion
*fully concur here macaroni, does anyone know how he lost his legs, and please do not respond that it was a result of an mva, that’s known but not how the crash occurred as he bought his history fae google.
I remember minty’s numerous unnecessary gibes at Celtic when the fiscally doped up Huns were in the ascendancy. Fivers and tenders etc
I remember minty regularly appearing in the tunnel mouth at mordor about 80 minutes into a game when we were being beaten by his EBT laden mercenaries, waving his crutches in triumph, and basking in the adulation of 40,000 bigots who themselves were extolling the virtues of being knee deep in fenian blood.
I remember minty hosting the Scottish Tories (Ian Lang, scumbag Michael Forsyth et al ) in the blue room ahead of the 1992 general election.
I remember minty asset stripping his distressed companies and selling them to his family for peppercorn amounts after the financial crisis thereby enabling him to dodge hundreds of millions of pounds of debt that was sucked up by the taxpayer. You and I.
I’ll therefore make no apologies for I enjoying watching this narcisstic thatcherite scumbag being ripped a new one in court by Donald Findlay.
Maggie thatcher, Jim white, Tm Lewin blue shirts with white collars, fettes college, Graeme souness, Jim traynor, your boy took one helluva beating in court today.
And there’s more to come.
I’ll drink to that.
The finest red of course. Accompanied by some succulent lamb, naturally.
A businessman who was previously linked with a bid to buy Rangers has been arrested in Singapore as part of a probe into football funding.
Bill Ng claimed to be fronting a consortium interested in buying Rangers oldco when it was in administration in 2012.
His group eventually pulled out, claiming “uncertainties” around the process, which was overseen by administrators Duff and Phelps.
A company voluntary agreement (CVA) was not reached and the assets of the oldco were sold to a group led by Charles Green, before the company was liquidated.
According to local media reports in Singapore this week, Mr Ng has been arrested alongside three others as part of an ongoing investigation into the suspected misuse of club
Mr Ng is the chairman of Hougang United in Singapore, as well as Tiong Bahru Football Club.
He is also in the running to become the president of the Football Association of Singapore, according to the Straits Times.
Mr Ng has since been released on bail, local media has reported.
At the time of his interest in Rangers, he claimed in press reports to have been a fan of the Ibrox club and stated he watched their European Cup Winners’ Cup win on TV in 1972.
In media interviews in Singapore dating back to when he first got involved in Hougang United, Mr Ng admitted he had no interest in football and did not know the offside rule.
Parcel of Brogues CSC
‘ This is a Celtic Site ‘
© Paul67
The trial updates on here are more entertaining than a live feed!
Thanks
HH
If you leave his personality aside when making judgement, then Barton has been well and truly done over. And, again if you put aside all your thoughts on what he has said and done in his career that has created the dislike of him in many of us, no question he has been victimized by a body that turned a blind eye to their own ‘dependency’ on gambling as they are happy to pocket money from the bookmakers,. A catch 22 situation that would have made much more sense if, along with the punishment, the F.A. had announced an end to bookmakers sponsorship in any state or form.
Guess who got the biggest and bestest world record EBT?
—
——
Breaking..! Breaking..! Breaking..!
( From Your Intrepid Reporter, Leggoland6-2 )
Interpol Have Detained A Unicorn In Iceland…
In Connection With The R*nkers Tax Case.
http://icelandmonitor.mbl.is/news/news/2017/04/24/unicorn_found_in_iceland/
Sources Claim That Major Shareholder, Einhyrningur…
Has No Knowledge Of The Whereabouts Of The Mythical ‘Treasure Chest….
And Denies Ever Dining On ‘Succulent Lamb’ With Sir Minty Moonbeams..
However, He Confirms That He Has Participated In ‘Exotic Ceremonies’….
With Board Members And Senior SFA Officials…
At Lodge No.502 Helenburgh…
& Lodge No.513 Thornhill .
And That Some Compromising Videos May Exist !
More To Follow….
———
Who would win in a fight between Stewart Regan and Fergus McCann?
” I see the chickens are coming home to roost”
An entity sustained by hate, funded by shades of the same hate, built on a lie of supremacy will eventually be consumed by the same hate.
OrconOrc CSC
BOURNESOUPRECIPE on 26TH APRIL 2017 6:01 PM
‘Guess who got the biggest and bestest world record EBT?’
###
But, presumably, no side letter.
Good Evening.
Here are some important facts to remember while following the Craig Whyte trial.
https://theclumpany.wordpress.com/2017/04/26/the-only-facts-you-ever-need-to-know/
Good evening friends. Mon the young(ish) Hoops.
tee hee hee – ashley and hmrc have just been on the news
BOURNESOUPRECIPE on 26TH APRIL 2017 5:37 PM
Total Recall Failure
#rangersmovies
E B T
#rangersmovies
The Money Pit
Klanner versus Klanner
NB- i hope we are both wrong…..
Liar Liar
Link to tonight’s game.
https://www.youtube.com/watch?v=ELPl_pOazCk&feature=youtu.be
HH!!
Murray agreed that a club’s business could be damaged by events, such as, a bad refereeing decision.
Aye, David, don’t we know it.
Fight Club