Somewhere on an upper floor at Hampden SFA and SPL high office holders will be mulling over player contracts submitted by Rangers over the last decade, including for players still registered at the club.
They will compare what they have on file with yesterday’s revelations in The Sun. As far as the football authorities are concerned, everything will be in good order if Rangers submitted these side contracts, which featured appearance money, to the league and SFA.
But, if the club submitted these contracts to the football authorities, they would have to declare them to the tax authorities as income.
It would be good to hear from some of the very vocal former directors of Rangers on this subject, especially the one currently president of the SFA.
This matter has nothing to do with Our Hero, remember, who is currently drawing fire away from those who put Rangers into danger in the first place, however, Mr Whyte is wholly responsible for the “public censure” issued to Rangers by the Plus Stock Exchange today. The resultant £50k fine the least of the club’s worries.
Issue six of CQN Magazine, the Fit and Proper edition, is set to become a landmark collectors item. You can browse the magazine online here but you can buy your own hard copy by clicking on the link below. Read with 20-20 vision…..
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BOBBY MURDOCH’S CURLED-UP WINKLEPICKERS at 15:34,
The Charity Commission only operates in England and Wales. In Scotland the relevant body is The Office of the Scottish Charity Regulator, usually known as OSCR or Oscar.
BOBBY MURDOCH’S CURLED-UP WINKLEPICKERS – D&P are somewhat bereft of the old wonga….the dignity brigade are about to find out what usually happens to clubs who enter administration.
So is today the 14th dayf adinistration
if so can we expect any redundancies today
ex-ibrox director Paul Murray
“I know the club inside out in terms of it’s finances…”
Maybe you can help HMRC and the SFA then?
A Blue Knight? Is he not one of the causes of the financial melt down at rangers.
HH
What I find highly ironic about that legends ‘charity’ match is the notion of a bunch of washed-up, down on their heels, financially struggling ex-players turning out for free to ensure that a bunch of highly-paid, greedy current players will get their next bloated pay cheque.
BOBBY MURDOCH’S CURLED-UP WINKLEPICKERS says:
27 February, 2012 at 15:34
In Scotland it is the Office of the Scottish Charity Regulator (OSCR)
I can assure you they would be interested to hear from you and anyone else.
Office of the Scottish Charity Regulator (OSCR)
2nd Floor
Quadrant House
9 Riverside Drive
Dundee
DD1 4NY
E-mail
Alternatively you can e-mail at info@oscr.org.uk.
It may be worth pointing out that on their register, the organisation listed as Rangers Charity Foundation, SC033287, Registered charity from 24-07-2002
Describes its Purposes as:
Prevention or Relief of Poverty
Advancement of Education
Advancement of Health
Advancement of Citizenship or Community Development
Promotion of Equality and Diversity
Relief of Those in Need By Reason of Age, Ill Health, Disability, Financial Hardship or Other Disadvantage
I think you’d need to have a pretty loose understanding of charity for Rangers FC PLC (In Administration) to fall into that last line!
Reading the link to the story about the charity match, I think the wording is very important. And I’m sure that lawyers will have been involved.
If the Foundation (a registered Scottish charity) is simply talking a lesser share of the cash raised it is probably doing nothing wrong. If money goes the the club (however that is defined!) and not to the charity then the charity would have no responsibility for it.
It would be different if the charity was actually giving money raised for charitable purposes to the club. That would be illegal.
Still I’ll send the link on to the regulators anyway. Wouldn’t do any harm for them to have a look, would it?
Gregg says:
27 February, 2012 at 15:26
I hope Franco Baresi and his colleagues are made aware that by giving up their free time they will now be raising money for a (bigoted) football club under fraud investigation and not sick/starving kids. Quite a staggering development. You would think if one area of finance would be protected it would be the Charity Foundation and it’s recipients.
I’m sure all decent Rangers fans will be disgusted by this.
Well that will help them pay the £50,000 fine,they received the day.Dignity my a–e.Slan
FF claiming the jelly and ice cream song is because IRA prisoners used to eat that before they were released from the Maze prison and want us sanctioned for singing it.
You would think these cretins would have more to worry about than that sort of garbage. It is utterly ludicrous
as it’s no longer a charity event, will it be liable for tax ?
BlantyreKev – Parcel=> says:
27 February, 2012 at 15:55
As the FPLG would say I am shocked but not surprised. What price dignity!?? I wonder if Jim White will be offering his services for free?
Gordon_J backing Neil Lennon says:
27 February, 2012 at 16:02
Worthwhile doing so. But the legality/illelgality is not the main issue as far as I’m concerned. Would Baresi, Maldini and Papin have signed up to this if they thought all f Rangers money would be going to the club?! At least we are finding out a month before the game I suppose.
I can see Strathclyde’s Finest taking black arm bands off bhoys at Poundland,citing an inflammatory gesture.If Duffield is on SSB tonight it will be for interview purposes by his brothers in arms,rather than “concerned John” fae Coocaddens and his like, asking him any questions.
Bobby M’s … @14.59
The Dyson issue crystallises the problems with the UK and manufacturing on a number of levels.
He is upper middle class, he is a self publicist and he is box office.
There have been two UK based success stories in the past 20 years in the go-go world of vacuums.
One manufactures in the UK, one does not.
One is quality and one is image.
Only one has a public profile.
**********
The received wisdom in the establishment / civil service is / was that manufacturing doesn’t matter.
I think it was a middle class reaction to UCS / BL / NEB / shop stewards on the telly in the 70s.
One example is that unlike in France, Germany and Italy they stopped caring about who built their cars.
Design was to be the big thing, it would pay the bills and manufacturing became ‘smokestack’.
Manufacturing had it’s last hurrah 92 – 95 when the low pound and the EU Market was exploited to flog sentient human beings to all comers at DM8 / $5 per hour including employment taxes.
Cheapest labour in the EU at the time outside of Portugal.
They were in the main only screwdriver plants but they were productive.
They spoke English and had a fair bit of education.
However even this was trouble in the long term.
The high pound post 97 decimated them and the CS orthodoxy felt vindicated.
Consequently it was back to design, IP and research for the UK.
**********
Dyson is part of this problem.
He shouted the establishment orthodoxy from the rooftops.
It is this context that the Malmesbury decision should be viewed.
As you note there were issues on the outside but the outcome came as no surprise.
My thoughts are that it was and is bad for the business.
You have your development based 6K miles from the factory.
Personal experience tells me that this is wasteful and disrupts the link between PD and Manufacturing.
It would have been better to keep the lead plant in the UK and run daughter plants in the Far East.
New products then piloted close to the engineers and once the design / production is stable it moves.
Works for BMW so it would have worked for him.
And it would have worked for a 1000 people as well.
I’m sure there are plenty of places nearby that would have welcomed the work.
My thoughts are that GIRUY played a part in his decision.
As for the company itself I fear it is a one man / one idea band.
It has struggled to break out of it’s original product space.
The remain good at managing air flows but little else.
Their abilities with plastics are pretty basic specifically at the prices they charge.
The washing machine was a shambles and I fear it showed up the poor engineering standards of the company.
Looks a bit too much like a uni department than a real world engineering company.
When they start to work in alu / composites I think they will have grown up.
Mad Mitch.
Sorry I took so long to give you a reply.
“Oldtim @ 13.14
I think games are being played regarding liquidation.
I think it is being mooted to try and force out an offer for the club as a going concern.
Liquidation for a football team means that, from memory, the player contracts revert to the SFA / SPL? Don’t know the exact details but this would take a lot of the value out of the TFOD”.
Who in their right mind would buy a club that has no money,with debts mounting by the day, just been fined by the Stock Exchange this morning a wee £50.000.
A £9.000.000-£14.000.000 wee tax case.
And a much bigger tax case in the offing of,£45.000.000.going on £75.000.000,I doubt if players being sold would cover the wee tax case.
They are a busted flush and won’t recover from the mess they’re in,there are no sugar daddies out there that would take that chance.
This case won’t be solved soon,it could take a couple of years to solve the mysteries that lies hidden in their accounts,I would imagine they will look at accounts from when Murray took over,a long drawn out process lies ahead,bring it on.
This really is the polar opposite of Celtic isn’t it. We started out as a charity. They do this…
The Honest Cover-up @ 16:06,
I’ve asked OSCR to take a look anyway.
But you make a good point. I’m presuming that AC Milan agreed to take part in a match for charity, not for hun running costs.
goldstar10 says:
27 February, 2012 at 15:55
That happened to me too mate, just before the computer crashed completely. Everything on the screen was enlarged.
Were you only on CQN?
jock steins celtic says:
27 February, 2012 at 16:05
as it’s no longer a charity event, will it be liable for tax ?
——————————————————————————————————————
Anything raised that is not for charity should be taxed as RFC(in admin) are not a charitable organisation. I think that trying to decide what money was raised for charity and what was raised for them will be difficult!
It’s time that HMRC began to question the role of the administrators in this whole debacle.
reading blantyrekevs post there, have any of you mind of a charity match played a good few years back between CELTIC and them ,i think it was played at the bigot dome and it was very well attended. If i remember correctly big billy managed our team and it was supposed to be the start of an annual affair , but did something not happen and CELTIC pulled out of the arrangement . anyone any info
jimtim
Gents,
as sid above 7 % is all they need to pay, that leaves 93% to be divided betwen the charity assoc and the beggers, as lng as the 7% goes to the charity, thye aren acting within the law, really is nothing to see here folks, not worth wasting time or energy, morally if the charity only gives the 7% then we can condemn people making a living off the back of real suffering thats it.
With all the mealy mouthed tims phoning snyde telling us how they want rankers to survive all I wanted to say was look on Rangers Media site. It is a thread named: idea for a banner. Its contents is clearly visible to the general public. Now I am not easily offended but the content of this thread is so degenerate and so vile that it left me staggered and stupified at the extent of its insane hatred. It is easy to fob all this as the bluster of a minority of stunted delinquents- this is the conventional rationalization of the MSM & less fogivable the token tim apologist.
I know that the vast majority on here are far too enlightened to become apologist for such dark side delinquency but I would just like to see one of these uncle tims response to the comments on that particular thread.
If it was still some form of excuse for the sons of darkness hidden behind some counterfeit attempt at spurious liberal tolerance then i would have to conclude they either lack pride for their own roots or their sense of self-preservation is inoperable.
They miight as well be the rabbit smiling at the wolves…
Any confirmation how much Duff and Phelps will be charging us for the visit on 25/3?
Honest Cover-up –
Ha ha! Yes, we started life as a charity, they finished as one!
Poetic.
Rogue Leader, my bowl is at the ready! Let the rats drown!
SffS
On the charity game unbelievable , though this made me smile ‘Hospitality packages are also available from £99 plus VAT’ , good luck to the revenue in gettng the VAT :)
from FF..i promise i’m not making this up
___________________________
origins of “Jelly and Ice cream
Read on another post that “jelly and ice cream” has Republican Terrorist connotations
______________________
Read that as well
Something about para military speak. No idea, but would also be interested to know more.
——————————————
there was a thread about it last week.something to day with republican inmates of the maze prison celebrating their release date with jelly and ice cream.it was in one of the norn iron papers
____________________________________
Thatcher told the fenians who were in the Maze at the time unless they wore prison uniform there would be no jelly and ice cream,then on their escape/release they met up and had a party with jelly and ice cream theme.
_______________________________________________
Let them enjoy it, Ulster is still british, Thatchers alive and Rangers are going nowhere.
The posts about Dyson intrigued me. They are absolute garbage. My daughter paid £250 for one and it’s useless. My missus has a 25 year old “Henry” still doing the job brilliantly. I hope Craig Wite/White/ Whyte (aw fuggit) used a Henry when he was vacuuming the Rangers accounts.
My thanks to everyone who corrected me on that,and my particular thanks to KEVJUNGLE for the link to which to address my concerns.
Delight as always to be educated,but in my defence,I’ve been down here for quite a while!
Has anyone seen the latest promotional offer in the Glasgow Poundland store? They will be opening at 7am tomorrow with a one off “special”, selling Rangers players for £1 each.
Terry Butcher, Stuart McCall and Jim McIntyre are apparently already camped outside the store.
More to follow…
This “Charitable” gesture, whilst unsavoury, will illustrate to the community at large how they have fallen, and just how much keeping the “big hoose” open means…. this is the bottom line, or at least the bottom of the barrel
jimtim says:
27 February, 2012 at 16:10
The first one at Ibrox was close to sold out and estimated £500k taken in. £50k found its way to charity after ‘expenses’ and there was a reaction from Celtic Park (privately, not the media) that meant it was left for a while. After a couple of years it was tried again, at Hampden, but le petit merde was mooted to be involved and the Celtic fans bhoycotted. Killed the notion off after that.
Any Donegal men on line?
Paul 67
Can of worms this, eh?
For Dignity to have supplied full disclosure on the ‘side letters’ then they would have to also document that the source of finance for the ‘side letters’ is a third party , fully independent trustees based in Ireland (?)
SDM was quoted in the rags years ago, stating “people would not believe what Ronald DeBoer is being paid to play for R*ngers” …….. I always remembered this piece of bluster from SDM , thought it strange, as it went against his usual fiver / tenner rubbish, it seems to me that he was laying the ground for the SFA accepting much reduced contracts for his star players……so my money is the side letters being kept in house at Dignity.
I retain some faith with Regan (after he ditched Dallas) and believe he will follow through in punishing RIA , the problem will be how rigourous the SFA rules can be applied. Still, when Dignity are liqudated then there will be no-one to appeal the SFA removing titles and cups for the last 12 years or so.
I assume that Duff & Duffer have still forgotten to do , what they hadn’t done last week?
legalmesscfc
Did Thatcher not tell the miners and everybody else in the UK that there would be no more jelly and ice cream whilst she was in power? Thick is not the word for it.
Lyrics request….(pt2)
What was the song GB were singing on sat?
I see Celtics star is rising…
I’ve just e-mailed the guy who is involved in the organisation of the match from the AC Milan end. Will be interesting to see if he replies – and if he was aware of the change in the nature of the event.