HMRC have confirmed their actions today leave open “potential investigation and pursuit of possible claims against those responsible for the company’s financial affairs in recent years”.
Chances are, HMRC will investigate the actions of SFA president, Campbell Ogilvie, more thoroughly than the investigation carried out by the Association which allowed their chief executive, Stewart Regan, to tell the media that:
“We are all aware of businesses being run where you have one owner and operator running the club and a number of directors sitting below. The way this process has been managed, a lot of this correspondence was done much higher up the chain than Campbell Ogilvie.”
Stewart (if I can be familiar), you’re better than this. Try reading this story one page ahead, figure out where this one is going and start acting accordingly. Of course, President What-school-did-you-go-to then told Scotland on Sunday:
“I might have signed some documents from time to time”.
Mr Regan had better make sure he knows what Mr Ogilvie signed, and I recommend he doesn’t relay exclusively on Mr Ogilvie’s memory.
Untenable
“Those responsible for the company’s financial affairs in recent years” includes Mr Ogilvie throughout his period as a director of Rangers. His position has been untenable for months and his continuing presence at the top of the Scottish FA only further contaminates those who claim otherwise.
The former directors of Rangers will not be the only ones alarmed at this development, recipients of EBTs (including the directors, who will have a second matter to consider) have reason to be concerned.
Not only do Her Majesty’s officers want any potential wrongdoing investigated, they also want their money.
Rangers EBTs were a loan. HMRC will tell recipients of this loan that their side letters (you better believe they’ll all find those side letters now) are not worth the paper they’re written on. If the money was indeed a loan, a demand for repayment will be made. If this is disputed, you can expect to hear the phrase Gratuitous Alienation to enter the lexicon soon. Gratuitous Alienation is the Scots legal term describing when property (or cash) is transferred to another party without any, or adequate, consideration.
I hear HMRC have all their ducks lined up for this one.
Internecine strife doesn’t begin to describe how things will end up.
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Watching shortbread with pale-faced newsreader giving the ranglers liquidation through gritted teeth . However they still managed to illistrate the story with 3 ranglers goals scored against………yes , you guessed it ……Celtic .
To ignorant Huns who think things will continue as they were. The clue is in the word ‘new’ in ‘newco’. The ‘old’ has died.
And I am dancing on it’s grave.
Rot in hell.
Celtic_First on 12 June, 2012 at 22:50 said:
You’re right. I see the resemblance to Nora Batty now.
David Murray; Donald Findlay; Walters Smith; Alistair McCoist; The Queen of England; Prince Philip; Maggie Thatcher; Mark Hately; Andy Gorum; Sandy Jardine; Alistair Johnstone; Martin Bain; John Gregg; Mathew Lindsey; Daryl King; Daryl Broadfoot; Neil Doncaster; Stewart Reagan; Jim Traynor; Graham Spiers; Kyle Bartley; Steve Davis; Barry Ferguson; Lee McCulloch; Allan McGregor; Rino Gattiso; Nacho Novo; Alex Salmond; Jim Whyte; Charles Green; Paul Murray; Mark Dingwall; Rangers Media; RST; Follow Follow; Leggat; Vanguard Bears; Duff & Phelps; Clarke and Whitehouse; The Orange Order; The Masons…
Where’s your history gone?
Where’s your history gone?
Where’s your history gone?
Whete’s your history gone?
Far Far Away!
Far Far Away!
Shopping in Morrisons this evening, along with the odds and sods was Chocolate chip ice cream, and (being a lazy bugger) trifle. The checkout girl looked at me and asked if I had a party tonight., then smiled “hope there’s ice cream left for me when I get home”. Being twice her age I didn’t offer an invite to share mine, but there was a laugh from both of us.
Turned on Clyde tonight – but turned it off again after about two minutes. I just cannot listen to them any more – they are now beyond parody. I mean – who are they kidding with all of the ‘Celtic Fans’ saying they want Rangers in the SPL????!!!!??!! It is just pathetic – they must actually sit in a room compiling these fake calls just to play up to their own wee, pathetic, sad target audience. It is just incredible that this charade continues in this day and age – I really despair for the mentality of anyone who places a single iota of credence in the output of this group of people. I have listened to it in recent years for comedy value only, although I do still remember when it was actually a programme where fairly reasonable football discussion could take place. I have actually felt a bit sick in my stomach over the past year or so listening to the desperate pleadings on behalf of the corrupt and poisonous mob across the city. Any sane and reasonable person looking at the record from them through the years – bigotry, violence, stabbings, riots, masonic favours, arrogance, referees in the back pocket, and now this absolutely confirmed years of financial blatant cheating – even any half-decent human being, should surely be able to see that this is a part of our society that should have been consigned to history years ago. It is a sad indictment of them as individuals that they continue to plead for clemency – in fact they dont even do that – they still feed us the poisonous and arrogant line that we all need RFC. For God’s sake – can they not look beyond their wee parochial radio programme and see the chance to move the country a tiny bit further forward and away from the sectarian baggage that has held it back. Sorry to rant on this great day, but it just depresses me that such small-minded people inhabit our country.
Anyway – I’m away for another glass of champagne.
HH
Bookies Pen. Maybe nothing of any intrinsic value, but I would suggest plenty of hugely entertainment value.
I’m in a croft on a fishing holiday in Assynt- just got a signal- this is my JFK moment
Wine open
Hail hail
After watching this, I think Green is madder than Whyte.
http://www.bbc.co.uk/sport/0/football/18417120
Green “from speaking to the SPL there has been 3 other applicants so there is previous Newco’s been admitted ”
Interview ” who are they”
Green ” i dont know thier names”
Rangers last owners….Green and Whyte
Ranger last signing..Cellik
Green, who said he was “hugely disappointed” by HMRC’s decision, will now seek to buy the club’s assets for £5.5m and form a “newco”, under the terms of the deal his consortium struck with administrators Duff & Phelps.
Do I hear 5.6 ?
When I heard the news all I felt was a strange emptiness…
However, I sorted that out by filling it with jelly and ice cream.
mmmm.
pgtips
It’s not all it’s cracked to be. I went to see Scotland-Switzerland in Euro96. Good chat with the Swiss and some Celtic fans. One Scotland fan I remember – a certain Hearts player of the time, with his Hearts jersey on, and his name on reverse, in a kilt, slightly worse for wear, at midnight in New Street Station about to board the train to Glasgow, giving it ‘do you know who I am?’ as he pushed past some to board.
O.G.Rafferty on 12 June, 2012 at 22:46 said:
Yes, the boil is waiting to be burst… this whole saga has the feeling of finding the domino to topple
macjay1 for Neil Lennon on 12 June, 2012 at 22:56 said:
Green, who said he was “hugely disappointed” by HMRC’s decision, will now seek to buy the club’s assets for £5.5m and form a “newco”, under the terms of the deal his consortium struck with administrators Duff & Phelps.
Do I hear 5.6 ?
unfortunately for him he will now have to deal with the liquidators not Duff & Duffer :-)
Moonbeams WD. Kano 1000 \o/ Supporting Neil Lennon 100%. Champions. on 12 June, 2012 at 22:54 said:
Welcome back MWD, you are back aren’t you, on such a fine liquidation day?
HH
CRC
I heard some vox pop stuff on the six o’clock news on Radio 4 from the crowd gathering at Ibrox. One guy said: “We’ve just been passed from pillar to post. No one has given us a chance.”
He sounded like he was close to tears, but it wasn’t easy to tell as, lest we forget, the Rangers person with the jolliest demeanour is Ally McCoist. The others sound like they’re close to tears a lot of the time.
Anyway, what he said is tosh. They have been in the death throes at least since the accounts in which the Wizard of Oz penned a new valuation for Ibrox. They have been in administration since February 14. They have had a million chances but they didn’t want to face up to the truth. They only had an appetite for moonbeams, and still do, which is why Charles Green is being given airtime now.
Facing up to the truth is what makes us adults.
zbyszek
definitely russia v poland was bound to have historic significance esp occurring in poland, even ppl like myself who have no real emotional connection, but have read a tiny amount on the subject, let down many times…
Say Goodbye
What do you think they’ll call the newclub…. Zombie Rangers? Glasgow Ragers… Blue knights of the living dead?
CRC
Just for speacial occassions.
MWD
JimmyQuinnsBits. Now that’s what I call a mixed metaphor.
I should have guessed that this was on the cards yesterday. One of the rangers (IL) fans at work walked past and gave me a right dirty look. He then turned back and started talking to me about some mundane nonsense. (Embarrased?) I had a feeling that he’d got some really bad news about rangers (IL), but I dismissed it as him just having a bad day.
Lesson learned – trust your instincts. :))))
Book
Out of interest where is Craig Whyte in all this 85% shareholder floating charge holder legal shenannigans to come perhaps? Or is has he has said happy to walk away I do not see it anyone know?
The draw for the first round of the Ramsden’s Cup took place today. The 30 clubs in the SFL were joined in the draw by Inverurie Locos and Wick Academy. Both clubs from the Highland League were invited to take part in the tournament as reward for their efforts in the SFA’s Club Licensing programme. The top two clubs from last year’s Highland League are deemed to be not yet compliant with this programme, so the places were offered to teams finishing further down the table.
I wonder if the SFL will be as rewarding for compliance if it comes to awarding any club a spare place in the league next season.
maybe all the huns who pledged 10million in a couple of days to save them can outbid Green for the club……then the fans would own them………………oh no wait a minute I have just noticed the flaw in that arguement………………most of the pledges were from us :-)
BBC 2 Newsnight now
BBC Reporting Scotland ( recently )
” Aye – there’s been a lot of hauns in the till at Ibrox – from the top up”
Favourites CSC
Moonbeams WD. Kano 1000 \o/ Supporting Neil Lennon 100%. Champions. on 12 June, 2012 at 23:01 said:
See your spelling is as good as ever. Good to see you posting and looking forward to those liquidation beers Saturday week
HH
CRC
pjbruce-I think Whyte still has a few aces up his sleeve.
rangers situation no different to gretna as far as companies house is concerned
Look at the Company Registration Number for Gretna Football Club Limited. Look at the Companies House Status = Liquidation. The registered address of the liquidated company is an insolvency firm. This will be the same as Rangers by the end of the week.
Then look at the new company formed – Gretna Fc 2008 Ltd. Look at the Company Registration Number and yes it is different to the liquidated club. Different company. New company with a 1 Aug 2008 registration. Different Club and where are the playing now – The Central Taxis East of Scotland Premier Division. Mid table – a mighty fall from the SPL where they were playing 4 months earlier in May 1998.
ps – remember the mighty Rangers asked for an SPL fixture against Gretna to be postponed so they had 1 week to prepare for a Champiuons League match in 2007. A match they lost 3-0 v Lyon. The 1 and only time the SFA/SPL agreed to a postponement to help a team in Europe. See company details from companies house for that team Rangers were so frightened to play in the heady days of 2007.
GRETNA FOOTBALL CLUB LIMITED
Companies House status: In Liquidation
Company Information
Registration Date: 14/05/2003
Registration Number: SC249414
Type: Scottish Company
Accounts filed on: 29/03/2007
For period to: 31/05/2006
Category: Small
Registered Address
WILSON FIELD LTD,
C/O IRWIN MITCHELL
STEWART HOUSE, 123 ELDERSLIE STR
G3 7AR
Note – Wilson Field Ltd provides complete business recovery, insolvency, including liquidation and individual debt solutions to businesses and individuals across the UK
GRETNA FC 2008 LIMITED
Companies House status: Active
Company Information
Registration Date: 01/08/2008
Registration Number: SC346482
Type: Scottish Company
Accounts filed on: 24/10/2011
For period to: 31/05/2011
Category: Small
Registered Address
26 HIGH STREET,
ANNAN
DUMFRIES & GALLOWAY
DG12 6AJ
where are they playing
Central Taxis East of Scotland Premier Division
P W D L F A GD PTS
1 Stirling University 22 16 3 3 74 32 42 51
2 Spartans 22 16 3 3 66 28 38 51
3 Whitehill Welfare 22 12 3 7 45 34 11 39
4 Edinburgh University 22 10 3 9 38 26 12 33
5 Edinburgh City 22 10 3 9 41 39 2 33
6 Gretna 2008 22 9 6 7 40 46 -6 33
7 Civil Service Strollers 22 10 1 11 38 46 -8 31
8 Vale of Leithen 22 9 1 12 49 47 2 28
9 Tynecastle 22 8 3 11 33 52 -19 27
10 Lothian Thistle Hutchison Vale 22 6 3 13 36 50 -14 21
11 Leith Athletic 22 5 4 13 32 59 -27 19
12 Selkirk 22 3 3 16 24 57 -33 12
bloke109
its funny the first ppl i met on the way back from barcelona were hearts fans coming back from a eurotrip of their own and they were very good company, but i get what you mean, may not always be what you’re looking for…
fans of other teams do tend to be as mad as you are (more or less anyway :-)), the reception of fans from other sides was always brilliant and a real treat to see
Gorams writes in the Telegraph
“It just shows you the state of Scottish football,” he said. “Can they do without Rangers? I don’t think so. Even the most bitter Celtic fan, I think if they are honest with themselves, they can’t do without Rangers in the SPL.”
What a stupid man that Goram is. The games up and the billy boy bully tactics are useless because no surrender is not an option this time
some lassie needs to give that Goram a big jessie slap csc
Scott Brown on Sky Sports – what rangers have done in the past is now catching up with them.
Doing the Broonie!!!!!! :)
Books
Bada bing I hope so
Bloke109
Maybe it was a genuine question.
If he had his name on the back of his shirt possibly he didn’t know who he was either :-)
6 Gretna 2008 22 9 6 7 40 46 -6 33
7 Civil Service Strollers 22 10 1 11 38 46 -8 31
looks like the taxman hot on their heels
CRC n MWD
Have a nice one on the 23rd, unfortunately I cant join you as I’ll be on a plane to Majorca to enjoy my liquidation beers on hols :-D
HH