What now from HMRC after New £9m tax delinquency

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Contrary to our earlier understanding, Rangers did not win a ruling from the Court of Session on who was to be appointed administrator, HMRC and Rangers came to agreement on the appointment of Duff and Phelps, who acted for Whyte during his takeover of the club.

The admission by Duff and Phelps that today’s court action by HM Revenue and Customs was in connection to circa £9m unpaid tax accrued since the takeover in May last year will come as a surprise no one in the Celtic Quick News community.  This is why Rangers are now in administration, it’s nothing to do with the big tax case, or indeed, the wee tax case.

Key question is, what will HMRC do now?  They’re not going away/. Rangers continued to sign football players despite being delinquent with taxes, and briefed journalists that they rejected a £9m offer for a player on 31 August 2011.

The fact that the business is in administration due to activity carried out under Craig Whyte’s tenure may also interest the Insolvency Service, who are already investigating Whyte’s takeover of the club following information passed by former chairman, Alastair Johnston.

One final push (this week) for the Vanessa Riddle Appeal. We have a Celtic top signed by the first team squad available to auction on eBay. You can bid on the auction and help send Vanessa for the treatment she needs by clicking here. Thanks to Penfold for the donation and to Taggsybhoy for organising (yet again).

If you would like to read CQN Magazine online (for free), click here.  You can download a pdf of the magazine using the button at the top of the page, second from the right.  Click on the link below to order a hard copy of the magazine.

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  1. Nakagod says:

     

    14 February, 2012 at 23:01

     

     

    How the hell are we gonna work ‘administration’ & ‘liquidation’ into a song on Sunday?

     

     

    —————————————————————————————————

     

     

    Administration,… then Liquidation.

     

     

    I want the world to know how happy I can be…

  2. Lennybhoy

     

     

    Yes mate came back yesterday afternoon….and then got unceremoniously blootered as the news unfurled from Ibrox :-))

  3. Evening all.

     

     

    As some of you will know i dont have a lot of free time these days with wee oscar being in and out of hospital. Because of this I havent been on much, but I have been reading back over all the articles when i get 5 minutes.

     

    Just wanted to say that while times at home are very difficult at the moment, the demise of rangers is keeping a wee smile on my face. I am walking around whistling to the tune of ‘the huns are going bust’. Absolutely love the youtube video “the greatest halftime show ever” v ICT. Im sure, like me, you’ve all watched it several times over…

     

     

    http://www.youtube.com/watch?v=ktOZTTeo_Z0

     

     

    *OMG Sally has just said on SSN that rangers fans are the best in the world!!!

     

     

    Sorry, let me compose myself and wipe the jelly and ice-cream off my laptop…

     

     

    Oscar is having a tough time at the minute. The last 2 rounds of chemo have really knocked him for six. He isnt eating or drinking so needs fed through a feeding tube and even then he struggles to keep it down. The poor wee lad has lost a lot of weight but no more chemo now for a while so hopefully his appetite picks up in the next few days and he can put some of that weight back on. Big week next week- various scans and tests to see how his first phase of treatment has gone, and to assess the extent of the cancer. Wish him luck!!!!

     

     

    Dont forget you can follow Oscar on twitter @Wee_Oscar

     

     

    Big shout out to SpongeBhoy if you’re out there! ;-) Thanks for the support.

     

     

    Hail Hail

     

     

    Knoxy

  4. Had to laff at the intensity Daz, Jim, and Guidi were asking the question. Where did the money go? Where did the S T money go etc etc. Thats the Q’s weve been asking for years.

  5. hector out wide

     

     

    he’s lookin for it

     

     

    up goes the hand

     

     

    great ball thro

     

     

    hector is on to it

     

     

    what a first touch

     

     

    steps inside

     

     

    loses his man

     

     

    round the keeper

     

     

    open goal, he shoots

     

     

    he scooooooorrrreeeeeessss !!

     

     

    yeeeessss !! gooooaaall !!

     

     

    and what a goal !!

     

     

    http://www.youtube.com/watch?v=BgomX3qD-iA

  6. Evening Everyone,

     

     

    Been two very exiting days. With regards to Mr Fergus McCann and the unfurling of the flag.

     

     

    He should arrive on a big white charger, sing just one cornetto!!!

     

     

    I made made my93 year old lifelong Celt supporting Grandads, life the last two days with the news of the Ger!!

     

     

    Take everyone, be careful and enjoy!!

     

     

    Hail, Hail

  7. setting free the bears says:

     

    14 February, 2012 at 23:09

     

     

    Agreed.

     

     

    Orchestrated media campaign in full swing now.

  8. Fadanpatriot Yes uphall station ,he had 2 brothers big rab and frank ,they worked in uniroyal.big jimmy died of cancer a few yrs ago.

  9. lochgoilhead bhoy on

    This Tony Livesey is a pr*ck. He doesn’t want to hear what Paul67 has been saying. Why doesn’t he interrupt Peter the Rangers Fan? It is not on his or the BBC agenda that Celtic and the rest of the league will prosper without Rangers.

  10. saltires en sevilla on

    Paul67

     

     

    well done you set the right tone there…life will go on after a short period of adjustment

     

     

    reference to their period of domination ..world didn’t end

     

     

    sweet

     

     

    HH

     

     

    M

  11. Nakagod

     

     

    Tho Clifford Richard song ‘Congratulations’;

     

     

    ‘Administration, then Liquidation,

     

    ‘I want the world to know I’m happy as can be!’

  12. Magnificentseven on

    magnificent7 says:

     

     

    14 February, 2012 at 23:18

     

     

    magnificentseven…..that’s some moniker. I’m flattered!

     

     

    The original Mag7

     

     

    you may be the original on here but i posted under this name a long time ago :-) I hold claim

  13. HECTOR - Moonbeams WD. Kano 1000 \o/ Supporting Neil Lennon 100%. on

    Well said Paul67.

     

     

    Not what they expected.

     

     

    :-)))))))

     

     

    MWD

  14. They are so deluded Paul, can’t believe he thinks what you said on 5Live was below the belt!!!

     

     

    What kind of morals do these numb-sculls have?

     

     

    RFC caused all of this and now they want mercy?

     

     

    Giraffe?

  15. Understand the boycott argument but c’mon we’ve been waiting 3 years to shout CHAMPIONEES at those rats, never mind all the other abuse they’ll be getting. Its one party i cant miss.

  16. lochgoilhead bhoy on

    No jelly and ice cream mentioned by Paul, but I’m putting another donation to Vanessa as a thanks for having CQN (oh! and RTC).

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