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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Bloke109, I hear your voice.
stevebhoy, the joys of the CQN quiz.
Patrick27, not quite.
JimmyQuinnsBits, not tonight. Busy week, I’ll catch up at the weekend.
row z, alas, no.
Estadio Nacional, the last few years are still available for you to search.
Stringer Bell, 22:32, when those comments came out from the Ernst & Young chap this week my phone was going red. No idea how he could be so far off the mark.
67Heaven, it is indeed.
Greenlion2, great words. Thanks.
24,000 small shareholders, according to the Green fella, will lose their money.
Apart from the obvious ha ha, it sums up what an abysmal business performance this has been. As they would say In Glasgow parlance, in reference to this gross incompetency, “They couldnae run a menage”
Goodnight all and keep the party going into the night.
Didn’t think this day would ever happen.
God bless every Celtic fan tonight.
Misfeasance…the word of the day, God Bless HMRC.
Had to come back to post that, I’ll sleep easy tonight now…:)
Keep the Faith!
Hail Hail!
Wishing you all a Jelly and Ice Cream
Hasta
Book
BBC2. rankers saga on now. Blunt spoken Yorkshire thicko Green says Eeh Bah Goom thurrs soomthin smelly int state of t’AYE Broke.
Well Ah’ll go to t’foot of our stairs.
Meanwhile the bigot dome increasingly resembles nothing so much as a red brick shithouse surmounted by a pile of scaffolding.
Pure Class so it is.
jinkyredstar cuts it back for Neil Lennon on 12 June, 2012 at 22:55 said:
I’m in a croft on a fishing holiday in Assynt
…………..
What is this? A make JQB jealous night?
You, in a croft in lovely Assynt; fishin, no doubt, for mackerel. Is it good, are they leaping into the boat? Are there too many to eat? Are you frying them fresh from the sea?!!! Does it bother me that, instead, I’m workin tomorrow?!!!
You and MacDubhghaill with yer Croft, and yer Assynt, and yer Mackerel, (probably a mussel or two, with Garlic and white wine) yer Bas Armagnac, petite Madeleine, and friggin German biscuits.
And yer wee yappy west highland terrier devil dugs…. ok, you never said ye had them, but you started it
Good evening to all my cyber pals and decent people
Well done to Polska getting a draw today. Beat those cheating Czechs and I will be happy.
As for the big news for us, let the cheats die out and let Scottish football get back to the early 1980s.
Real competition returns and we develop young Scottish players again.
The next step is coming. The battle is just beginning.
Wow – just wow!!!!!
Such poor work ethic by BBC Scotland Newsnight.
MWD
Brogan Rogan Trevino and Hogan supports Kano 1000 on 12 June, 2012 at 22:00
Thanks BRTH the tribute to lawrence I can remember watching his all 3 gold medal wins he was a must watch boxer and superstar,glad you penned a fine tribute it was worth it,he could sure put an opponent away thats for sure
Hmmmmmmmmmm……………..take it Gattusso will be looking elsewhere now…………
Paul67
Thanks for everything.
Thers a time for a malt and thers a time for a good malt!!
Does Scottish Football need Rangers?
Do Celtic,indeed,need Rangers?
Who knows,it’s a hypothetical question.
Tell you what,though. I’m all for a great leap into the great unknown.
Nothing ventured,etc….
OK time for all those currently being paid from the public purse who avoided income tax and NI by being through an EBT to be dismissed.
We all know about Billy Dodds and the BBC. Hopefully the investigation into the listener complaints will ensure he doesn’t work for the BBC again.
Next up is John McClelland. Time he got his big fat snout out of the public purse.
Dearie me, the Hun fan on newsnight has brown brogues on!
Duff&Duffer peddling the myth Newclub keep their history and trophies.
Check out the new Airdrie and see when their ‘history’ started.
Ye cannae beat a fish finger
Big georges 22:54
Well said son.
MWD
LAST NIGHT I HEARD MA MAMMA SINGING THIS SOOOOOONG
GROOVY RANKERS LIQUIDATION, RANKERS LIQUIDATION, YEH !!!
WOKE UP THIS MORNIN’ AND THE RANKERS WERE GOOOOONE
GROOVY RANKERS LIQUIDATION, RANKERS LIQUIDATION, YEH !!!
LLLLLLLLLLLLOOOOOOOOOOOOOOLLLLLLLLLLL …YEEHAH
OK, AM AWAY TAE MA BED….!!!!!
Wilson from The Herald – but this is Rangers.
Anyone know if there’s any money left in the fighting fund?
If so, may I suggest a white flag (surrender) and a wreath?
Thanks for all you have done Paul.
Respect and thanks.
AoW
a fish finger wi Armagnac… or maybe Calvados
Flambed
wot a great word
even down here,I have picked up on this “death of scottish football” spin. The same shysters who kept a dying institution alive are playing their cards again. They are totally shameless and make me feel that the story is bigger than even we hope. They are fighting like demons to cover this up, by “they ” I mean the MSM ,SFA and SPL.
The whole midden is run for their benefit and it seems that only HMRC are able to take them on. Regan.Doncaster and the rest of them are now exposed, let`s get tore into them/
Naw, wait, am in bed….jist cannae sleep ………
OH, WHAT A NIGHT, LATE JUNE EVENING, AND THE FEELINGS RIGHT
LET THE PEOPLE SING THEIR STORIES AND THEIR SONGS…
OK, I’ll just lurk…….. LLLLLLLOOOOOOOLLLLLLL
News night Scotland
Chris Graham
rankers Fan(ny) and dobber
ftsfa on 12 June, 2012 at 23:21 said:
News night Scotland
Chris Graham
rankers Fan(ny) and dobber
and looked like he was ready to greet….ha ha ha ha
Bourne …..no, this is feckin’ NEWCO……. LLLOOOLLL
BBC Newsnight at it’s best
Both guests mauled on rights to New Club re entry
ftsfa – Irn Bru `fanny’ advert was just on STV! haha
John McClelland. Register of interests at Scottish Funding Council
5. Significant shareholdings in a public company where the value is more than £25,000 or less than £25,000 but more than one per cent of the total issued share value of the company.
Rangers FC PLC
You can remove that entry now.
Also time you removed your fat snout from the public purse having avoided paying your income tax and NI.
Pggtips2
I worked with Russians 10 years. Know good people and bad people there. The sad thing is that many of them are still in the USSR times.
When I met them and talked about trivial things they were fine but when we talked about the politics I heard they were the best country, the biggest one , most powerful etc.
The relationship between Poland were never good. When I was young boy in school we had to learn Russian. No other language but Russian. For some people the sound of Russian language brings bad memories.
I checked Russian websites in the morning and read a lot of anti-Polish propaganda. As an example I can say that one of their main media informed that Polish fans are beating English and Irish fans. They said that many English and Irish were hospitalised. Utter p@@@. The bottom of that article said that England and Ireland fans are keeping together to defend themself against the Poles.
jelly has set
watched newsnight scotland, two rangers sympathisers and someone asking them questions, very poor
still i suppose the balance argument is mark daly was allowed an hour…
is there a mark daly blog?
JinkyRedStar, MacDubhghaill
Was only kiddin ;)
jealous as hell tho
Herald hack corrected by G Brewer,do these lapdogs do any research? probably not,they were the peepil.