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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Looking forward to Cee Lo Green unveiling his list of ‘major financial backers’ on Thursday.
new article posted.
The Mayor ( and citizens ) of Barcelona, Manchester, Villareal et al, he say…………. Yipee! No huns in Europe.
Dontbrattbakkinanger
Rafat Rizvi didn’t have his google history deleted, facing death penalty in Indonesia for fraud and theft is the first result.
Is this guy not one of the Greensters’ mates???
Just a wee thank you note to HMRC for:
1. Confirming that the last ever Celtic v RFCil game was 3 – 0 to Celtic.
2. The last player to score against RFCil was Hoop(er).
3. The last 2 owners of RFCil were “Green & Whyte”.
A special thanks to the script writers. A beautiful job.
If you could just arrange for the final nail, the actual final step of liquidation to be on 12th July, that would be lovely.
Keep up the good work.
Much appreciated.
Morning all
It’s been said so many times over the past couple of months and repeatedly by me.I’m gpoing to say it just one more time.I’m sure you all won’t mind. I just knew, I tell you I just knew right back to the Souness days that something was not right. Souness and then Watty and wee Dick were all given carte blanche with signings and massive wages, oh and something called EBT’S! The one thing that sticks in my craw is that DM constantly bummed about how much money he was throwing into the club.Well now we know. £000000.0000. It was all taxpayers money that was paying for the Gazza’s, Laudrups et al. Of course it wasn’t just murray that was cheating the taxman. Mr Ogalvie and many others were at it. They robbed us of titles and other teams of trophy’s. I feel so strongly that they should be stripped of these. Take everything that’s coming Murray et al. Who can forget those words “for every fiver………….” Cheating at the very highest level! I should feel so happy today after yesterdays news but I just feel so bloody angry at what they have done all those years. hopefully the joy will kick in soon.
Pablo
Help. Anyone near a yellow pages? I need;
1. Locksmith. (door of big hoose has slammed shut)
2. Antidote for overdose of jelly and ice cream
3. Something to prise a permanent grin from my face
4. Thank you card for messrs Murray, Whyte, the taxman.
5. A dictionary to explain my new health concern ‘shadenfreude’
My wee hun pal also needs help. He needs to find;
1. A map of Scotland showing how to get to Elgin, Montrose and Peterhead
2. Names of any companies who buy European maps back
3. A copy of the book ” we werra peepil”
TCN*NO TO NEWCO @CelticNetwork11
City Council Announcement – would al RFC fans form an orderly queue outside the Red Road flats as we only have a limited amounts of lifts.
Ful gloat mode for the rest of the day…
Bye bye hunnies…
good morning all,
I woke up in a very good humour this morning!!!!!
Could have been something to do with watching bbc scotland last night and hearing the man who is a rep of supporters of an old company who used to have a football club playing in scotland!!!!
Can’t quite remember the name, something to do with a new york ice hockey team (i think)!!!!!!!
Anyway he was spouting on about a newco (NEW COMPANY) but kept using the word continue!!!!
How can something NEW continue anything?? It is new and therefore NOT the OLD company or club or whatever that it wishes to replace!!!!
As said by one of you fine CQNers, Stupid Stuipid Huns
Morning CQNer’s
Paul 67
I’ve not been on the blog for a few days.
Have I missed anything ?
No seriously….Thank You!!!
What next ?
When does the voting take place ?
How many clubs will keep a stiff upper-lip and
do the right thing ?
How many clubs will crumble under pressure
from the LL/MSM to reinstate the un-reinstatable ?
Ach, never mind any of the above and, have a month away
in the sun.
NO ONE, has deserved it more.
God Bless
Hail Hail
“No More Ya Huns, No More ya huns,
No More Ya Huns, No More” – CSC.
P.S. Above song to the tune of – “Go home ya huns”
PABLO68 on 13 June, 2012 at 09:11 said:
___________________
History will recall the David Murray –
Rankers years as
a Big Fat Lie! imo.
A Big Fat Lie based on
Deception and Criminality.
Kitalba et al
For anyone who wants to assist Paul67 in the cost of CQN server etc. There is a donate button at the top of the page, ive used it a few times myself as a sort of voluntary 6monthly subscription payment.
Hx2
Just read Paul McC blog on hun history,I thinly he gives too much importance to Neil Doncaster’s words when all he is,is a guy that’s paid to run a temporary league.
The idea that if a newclub accepts the punishments of the old post liquidation then they inherit the oldco history is ludicrous.
Expected better from Paul.
Well, at last I can get the malt out.
They are dead. Victory for us, and all who went before us.
And isn’t Walter the worst kind of “dignified” Hun? Spends his entire career blowing money the club didn’t have, waits till someone else liquidates them, then turns up and demands Green hand the club to him…
Dignity mio cullo.