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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Might just be me..BUT
anybody else think this whole story is rapidly turning into ‘tomorrow’s chip paper’? I think there is a sense of paying lip service but ultimately an acceptance that the game is over.
Key to that is the absolute lack of credibility of both SDM and MBT…
I do feel a degree of sympathy for decent, ordinary Huns but I suspect they are so sickened that they won’t follow NEWCO huns when formed…these guys may seek another team. Unthinkable that I could choose another team other than Celtic but maybe if I had been lied to and taken for a ride in the way the Hun fans have – I would be so scunnered that I’d be unable to support a Celtic Newco….I mean, we support the team but a BIG part of it is the History, my da, my Granda, his da..etc. Would I feel the same attachment to a NewCo….? I don’t think so.
I can see this all just becoming ‘Accepted’ – quicker than maybe I imagined possible not so long ago..
It now just feels INEVITABLE?
Goodnight all, it’s been a hysterical and historical day on CQN.
Take a bow CQN’ers worldwide..
SP
From E-Tims…
We Are Doing The Huddle When Rangers Die
Lubo.
Let’s all kneel and say ‘Thank you Lord for a wonderful day’.
Goodnight
Nakagod
To the tune of ‘Congratulations’ by Cliff Richard;
‘Administration,
‘Then liquidation,
‘We want the world to know we’re happy as can be!’
By the Dubliners BTW.
Loved Traynor trying to say
” what’s this about 75 million, it’s ONLY £49 million”!!
Stupid??? This guy passes for informed opinion..
Off to bed.. Mrs AB will need to do well to make this Valentines day any more memorable!!
To Celtic fans world wide…
Love and best wishes..
hamiltontim says:
14 February, 2012 at 23:31
We are all doing good mate, going to CSA night in May?
HH
or Craig Whyte is
Witchy rage
or
fat paul le guen is
a fluent plague
\o/
Off to work with a spring in my step.
Oh joy……
MICK11 says:
14 February, 2012 at 23:24
A summary as requested:
Tony Livesey 5 Live: Rangers need Celtic. Celtic need Rangers.
Peter the Rangers Fan: Celtic need Rangers.
Paul67: NAW WE DON’T (except in a soft posh voice)
Knoxy….your update keeps it all in perspective.
Keeping the wee fella in our thoughts and prayers.
Mag7
Is it possible that cw deliberately avoided paying the £9m to HMRC to ‘force’ administration BEFORE the gig bill is decided..?…..since, if liquidation follows quickly enough (for him) HMRC won’t have anyone to charge the bill to…?……just a thought
Anyway, no matter what, we can now concentrate on ‘enjoying’ supporting our team, devoid of the Old Firm ‘imposed’ tag……Hail Hail to all, on this most glorious day…
Thanks guys. Much appreciated!
Paul67… im sure the lines were broken!!?? Apologies if not.
Must have been all that jelly and ice cream stuck down the buttons
.
Anagram of Administration..
Adios Mint Train..
Just add Gravy..
Summa
The Daily (Rangers Can Be Kings Of Europe) Record’s – Whyte Knight
gig = big….LOL…..exhausted with all this excitement
…….won’t be totally happy till they’re well and truly “Off the radar”………
FE.
Off to bed to watch the beautiful Whitney Houston in the bodyguard on itv2 now it been a tough day. Tiocfaidh ar la
My 9 year old is football daft, Celtic daft and virtually the only Celtic supporter in his year at Cults Primary School – he always wears the Hoops whenever he can…He’s taking a great interest in Hun demise as i suspect he’s had a lot of ‘banter’ to contend with over the last 4 years…he’s very much one of the football kids..
Following on from my previous post – I wonder how much he’ll remember of RFC when he’s 18?
Declan where art thou on this great day??? Dont do anything silly now!!!!
lubos leather jacket says:
14 February, 2012 at 23:25
Ive always said never trust a man who looks like a shark! Eyes where his ears should be!
Step up Whitey, a true self styled loan shark, lend £1 receive £18 million
Anyone know the APR on that return!
“ArranmoreBhoyLXV11 says:
14 February, 2012 at 23:35
Loved Traynor trying to say
” what’s this about 75 million, it’s ONLY £49 million”!!
Stupid??? This guy passes for informed opinion.. ”
Traynor was feeble, he looked like he was trying to remember facts and opinions cribbed from RTC without consulting his notes.
Bundoran Bhoy – KANO 1000 says:
14 February, 2012 at 23:35
Not sure mate. Celtic being successful is just magic but it’s costing me a fortune in ticket money right now :-)
You and the brother going?
Well done Paul. Keep fighting the good fight. Looking forward over the coming weeks for the truth to come out. Perhaps once the result of the tax case has come through a more forceful arguement can be presented to the mainstream press regarding tax evasion and the moral implications of this.
Dan
001Bhoy,
:) Doing well thanks mate :)
Family are great too, all had a tough few last couple of years but all back smiling and happy again :)
How’s things with yourself & the family? All good I hope.
Lol, beware those sausage fly’s
HH buddy :)
hamiltontim says:
14 February, 2012 at 23:41
Yes mate, CRC texted bout tickets so put down for 2
will be a great PARRRRRRRTY ;-)
HH
Just about had my fill for today . . . it has been immensely enjoyable! Thanks to all for the
contributions.
At last, my thoughts turn to Celtic, remember us? The only down side of this is a tainted first league
win for Lennon.
He deserves to feel the elation all our league winning have felt when they win their first.
CultsBhoy loves being 1st says:
14 February, 2012 at 23:40
He’ll be able to stand in the frozen chicken aisle and say, “This is where Glasgow rangers used to play!”
*managers omitted
Bournesouprecipe…..with the total potential debt over £100m, I would suggest the dr should move away from fairy tales…!!!!
Text of the day..
Everyone is thinking about Whitney today.
.
.
.
.
.
Whit, ney rangers.
Night all :-)
Lubo.
Has Craig Whyte passed the SFA Unfit and Improper Persons Test yet? Not paying taxes since May was clearly seeking to gain an unfair advantage over the competition. Relegate them, then liquidate them.
Chris
on radio tonight, said that we need to play THREE qualifying rounds to enter in CL groups !
i mean, sure, TAX etc
a difficult wee subject, TAX and that
but these folk are PAID to know and talk about Scottish fitba !!
and they don’t even realise that, for the premier club competition in our continent, we need to qualify via TWO rounds in order to get to the groups…..
the third-qualifying round and the play-off round
i.e. TWO rounds !
pathetic half-witts !!
Keevins, Speirs, and Sheelagh McLaren !
sad !
i mean, yes, EBT’s, CVA’s, SPA’s, etc
a wee bit complicated
but qualification for the CL
i mean, come on tae !!
another disgrace !
Bundoran
I’ll give it some thought and let you know then buddy if it’s going to be as good as you say :-)))
Now that we are one step closer to the event, is it possible to get the SPL to state definitively what their procedure is for dealing with an application by a newco huns for entry to the SPL?