For any football club to be licenced to play in Uefa competition it has to be up to date with social taxes. The world wondered why in the years prior to their liquidation owing tens of millions to HRMC, Rangers managed to remain up to date for every licence application (made through the SFA).
Football authorities are bound by certain limitations. They can oblige clubs to make them aware of any overdue taxes, but if this information is not forthcoming, they have no powers to demand information from the tax authorise. In short, if you lie, you will get away with it, until and unless you are caught.
Nor can football authorities deal in information of dubious probity. “Some guy on the internet gave me this document” which they should not legally be in possession of, is not the basis to charge a club.
At Craig Whyte’s trial at Glasgow High Court this morning, former director of former Rangers, Donald McIntyre, faced questions from defending counsel and also former director of former Rangers, Donald Findlay.
McIntyre was shown a document dated 2010 from HMRC to Rangers saying tax for PAYE and National Insurance was due on Rangers Discount Options Scheme (DOS), involving players Tore Andre Flo, Craig Moor and Ronald de-Boer was “payable in full”. This tax was never paid and £500k of interest accrued until the club went into liquidation.
McIntyre told the court Rangers had “no choice but to accept liability” as due to the existence of a “side letter”.
Despite this, Rangers signed off their licence application in March 2011, which enabled them to take Scotland’s Champions League qualification spot for season 2011-12.
The irony of this information coming out in a fraud trial will not have escaped you. Some key points:
Information that Rangers were overdue to HMRC prior to their Uefa licence application in 2011 has been confirmed by a competent officer of the company for the first time, in open court.
Rangers DOS scheme for Flo, Moore and Ronald De-Boer was not subject to the SPL’s Lord Nimmo Smith Commission inquiry and has not, thus far, been investigated.
Mr McIntyre is still in the witness box giving evidence.
A note of caution: this is all new information, and anyone who tells you there is an easy way to navigate to the desired outcome is almost certainly overlooking a great deal. It has taken time and patience to get here, both of which are still needed. The banner above is a manifestation of someone else’s neurosis. It’s not the actual truth, so realise this or, as they say, keep taking the pills. What you can be assured of, is that no stone will be left unturned.
Raffle for Ibrox tickets
Our raffle for two tickets for Ibrox on Saturday, courtesy of Celtic sponsor, Intelligent Car Leasing, ends tonight at 23:00. We have had very little time for this one, so get in quick. All monies raised goes straight to Mary’s Meals.
Please enter by making a minimum donation of £5 here, and send me the confirmation email you receive, with the word “Pedro” in the subject line, to celticquicknews@gmail.com . Make sure you enclose contact details.
DELIGHTED THAT IT HAS ARRIVED!
LIMITED NUMBER OF CQN’S JOCK STEIN LISBON 1967 T-SHIRT STILL AVAILABLE IN SIZES SMALL (2 LEFT), MEDIUM (3 LEFT), LARGE (1 LEFT), XL (11 LEFT) AND XXL (8 LEFT) – WHEN THEY ARE GONE THEY ARE GONE! GET YOURS AT WWW.CQNBOOKSTORE.COM
435 Comments- Pages:
- «
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- ...
- 12
- »
Connaire
Really sad to read your post. A very tough time for you. condolences
Bada/Ernie,
I’m pretty sure all clubs who compete in the tournament receive an allocation for the final.
HH
Condolences to all on the blog who have suffered losses. RIP your loved ones.
Same club you say?
Connaire
Thoughts with you and yours at this time.
Connaire 12,
Prayers offered for your losses.
BOURNESOUPRECIPE on 25TH APRIL 2017 2:26 PM
Same club you say?
WHooooops! there’s £14 million of wee Wullie Hendersons money away already!
McIntyre shown email in which he mentions the Murray group has been “conservative in their disclosure” to Whyte over the ongoing tax cases
Sounds like Donald QC is doing a fine job of defending our Hero, so far.
mmmmm Sir Minty – Doing the Duping it looks like to me…..
Findlay “Murray holdings were hiding things basically”
McIntyre, “They weren’t putting information in the data room”
Connaire , SFTB and of course anyone else i have missed, Thoughts and prayers with yourselves and families at this sad time.
H.H
From my sister,canny take the credit.
Was listening to SSB on the way to work this morning. There was a Celtic supporter who was saying that they should have taken the chance in 2012 to say this was a new beginning etc and that their sectarian songbook had no place. Their songs on Sunday – before Celtic goals quietened them down or they left was a disgrace and I know that you are just going to say ones as bad as the other but they’re not.
Hugh did say that. That their songs were disgraceful but that we also sang things that we shouldn’t. Gerry then had to cut him off because he must have said something inflammatory and cut to an advert
The advert was-
“Superscoreboard. It’s time to get off the fence and tell it how it is”
Do they do irony? Was this deliberate?
Our Hero must surely now be considering a civil action against Sir Minty Moonbeam
“Superscoreboard. It’s time to get off the fence and tell it how it is”
_____
Hahah. I must admit, I’d be happy if people stopped singing the rebs but it isn’t the same as rejoicing in child abuse.
“Dad?”
“What?” A small bird rises from a tree in front of us.
“What should I be when I grow up?”
The bird disappears over a far ridge. I don’t know what to say. “Honest,” I finally say.”
― Robert M. Pirsig, Zen and the Art of Motorcycle Maintenance: An Inquiry Into Values
kulturbarer died aged 88 on Monday
BMCUW
Is Keevins saying that we have similar songs to the hun bastardised Tiffany song?
Maybe he thinks our version of an Inspiral Carpets song is derogatory? Clown.
The entire case is a charade of trumped up nonsense to deflect from the real hero who disappeared into the sunset.
Email also says “executive salaries” were not to be disclosed to Mr Whyte
“They were trying to hide information” Findlay says
Big Swee on 25th April 2017 1:31 pm
Big thanks to all those at CQN Bookstore. Book and t-shirt arrived and spot on in size and quality.
==============================================================================
Glad your T-shirt fitted after giving them such a conundrum with your username :-)
HH
Our Hero was ‘duped’
Findlay “Murray holdings were hiding things basically”
McIntyre, “They weren’t putting information in the data room”
#WhyteTrial
@jamessoleman
What happened to the Craig Whyte pound money?
Connaire12
Condolences, will say a wee payer.
HH
Whyte would have had an obligation to carry out due diligence. Examples of not doing so would include some of RBS takeovers and more recently Coop bank and Britannia. All led be CEOs on ego trips.
If however info was concealed that’s another matter.
Caveat emptor CSC
Daily Mail, February 17, 1999
AT THE age of 27, Craig Whyte was fabulously wealthy and had a lifestyle to match his millionaire income.
But three years after he amassed a fortune by hiring out security guards, his business is the subject of a Government investigation and he has debts believed to be around £4million.
As former employees pursue him through the courts to recover unpaid wages, Mr Whyte has left Scotland and set up home in Monte Carlo.
The young tycoon was once heralded as the shining star of Scottish industry and listed in the top ten of British ‘Rich Kids’.
His personal wealth of £20million put him ahead of millionaire rock stars such as the Gallagher brothers of Oasis.
The cash financed luxurious living, including penthouse in a Glasgow waterfront development, a sleek black Mercedes convertible, a powerboat berthed on Loch Lomond and an executive box at Rangers Football Club.
But Mr Whyte now owes some £3.5million to one creditor and is officially ‘insolvent’. He is believed to have created a complicated network of companies extending far beyond Scotland and was responsible for transferring large quantities of money to interests in the tax haven of the Bahamas.
Companies with which Mr Whyte was connected have folded, staff and suppliers are unpaid and massive VAT and income tax bills are outstanding.
Liquidators have already passed a report to the Department of Trade and Industry and it is believed that the department of Customs and Excise has launched an investigation.
But Mr Whyte remains holed up at a secret location in Monte Carlo and is stubbornly vowing to clear his name.
His former security company, Vital UK, based in Dennistoun, Glasgow, collapsed with debts of around £750,000 in 1996. Disgruntled employees of another connected firm, Vital Holdings, are lodging an action at the High Court in London in an attempt to win back unpaid wages.
Whyte launched Vital Holdings when he was 23 and embarked on a process of acquisition, travelling the country buying up plant hire and security businesses to bring under his commercial umbrella.
At the height of its success in the early Nineties, his security and plant hire company employed around 700 people, but by 1995 it had gone into voluntary liquidation.
A former acquaintance said: ‘When Vital was going belly-up, all of its assets were sold to a company called Pelcroft.
‘Then they were immediately sold to another company which immediately sold them to another company, and on each occasion Craig Whyte organised the transfer.
‘He was just putting things out of reach.’ When Vital UK crashed, it owed £33,000 in VAT, £66,500 to trade and in expenses, and £280,000 in income tax.
The flamboyant entrepreneur, who was once thought of as the next Richard Branson, had a rapid rise to prominence in the business world.
The former Kelvinside Academy pupil began playing the money markets while still at school, buying his first shares at the age of 15 with the proceeds from various part-time jobs.
By his mid-20s he had secured the lifestyle he had dreamed of, spending with great passion.
It seemed he was destined for greatness, and development agencies, desperate to foster the entrepreneurial spirit, held him aloft as a glowing example.
Perhaps they should first have examined his business track record more closely.
After leaving school he signed up for a course in accountancy but dropped out and never went back to complete it.
A company he founded at the age of 20 quickly hit the rocks and was sunk by large debts.
‘You might say it was a valuable experience,’ he said philosophically at the time.
‘I would prefer that it hadn’t happened but it has reduced the chances of it happening again.’ Last night, a spokesman for the liquidators said: ‘We have obviously tried to contact Mr Whyte on a number of occasions but we are informed by his lawyer that he is living abroad.’ A spokesman at the Glasgow base of Vital Holdings, which continues to trade, said Mr Whyte was unavailable for comment.
The spokesman said he had issued a statement disputing the allegations made against him and declaring his intention to seek legal redress.
He added: ‘I can’t say where Mr Whyte is at the moment, but he is speaking to his solicitors about this.’
Hail Hailstones in Hamilton….
At the risk of being insensitive,this is like a rape trial from the 70s.
The victim is having their dirty laundry aired in public,and their reputation shredded in open court.
There is of course an important difference. You shouldn’t cry rape when you’re up for it and everyone knows you’re game for a tenner off anyone.
Or even a quid.
I’m beginning to wonder if this is The Establishment’s chosen method of taking down Murray.
BSR
Fit and proper according to SFA
McIntyre confirms bill for small tax case was never paid.
#WhyteTrial
What is the significance of the Tiffany song,”I think we”re alone now”.
GENE
I think Britannia cost the co about £600m more than they thought.
And eventually their existence in all but name.
Never let coked-up egos anywhere near business or record production.
“No-one knew how much explosive was in the Exocet heading for Rangers'” Findlay says of the potential tax liability
xepumelopi
I could spare him a couple of hyphens, if he was interested.
Boaby
When is a guid time to give you a bell?
BMCUW
I think we will join Swindon in div 2 tonight – can’t see me going next season
Turkeybhoy
You really don’t want to know what their scum have changed the Tiffany chorus to.
Off to pick up the grand daughter
schoolrunCSC
McIntyre says Rangers could have “sold assets” to pay off the bank. Findlay “why didn’t you do it then?”