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).
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The very latest from Hitler’s Bunker
http://youtu.be/ci7xjJrvrFM
You just knew another one was coming
Portsmouth supporters having a Love Portsmouth evening in support of their team (not their owners) after having gone into liquidation.
What will the Huns do? rANGERs day!
MWD
“Trading while insolvent”
Those are the three words that ramp things up from administration into criminality.
Bring it on.
Jeezo,
I can’t keep up…
I read an allegation on twitter that White was connected to Duff and Phelps, allegedly that he was an alleged director of a company allegedy owned by Duff and Phelps.
Allegedly.
Does anyone have any information on this….
Lubo.
killer tackle by schwab= yellow card
well he’s a kind of hun
Paul67
The End Game.
Long time coming, but well worth the wait!
CRAIGWHYTECSC
Paul67,
Thanks for the clarification. Why do the MSM not deliver this info? Cover up or incompetence?
Caller on snydes good just now, wanting scum supporters around the world to chip in, will HMRC accept ginger bottles?
ahv got hundreds n thousands in the kitchen cupboard
Roses are red, the ribbons are green.
The bailiffs are coming they’ve been sent by your Queen.
I asked a Dundee Utd supporter at my work how he felt about his club now being owed £100,000 by No Dignity FC.
“The best 100 grand we’ll ever spend if it means the end of the huns”.
And so say all of us……….
Muppet on clyde asking for a orc fans response jeezo where have you been for the last two years..
Prestige…deary me..
My funny valentine Sweet comic valentine You make me smile with my heart Your looks are laughable Unphotographable Yet you’re my favourite work of art
Is your figure less than greek Is your mouth a little weak When you open it to speak Are you smart?
But don’t change a hair for me Not if you care for me Stay little valentine stay Each day is valentines day
Is your figure less than greek Is your mouth a little weak When you open it to speak Are you smart?
But don’t you change one hair for me Not if you care for me Stay little valentine stay Each day is valentines day
Caller on snydes good just now, wanting scum supporters around the world to chip in, I wonder if HMRC accept ginger bottles?
Thank you to our Board who must have been sorely tempted to compete with the spendthrift hun.
They kept their heads when many around were losing theirs and blaming it on the Board.
The Board kept us and our traditions and ethos safe.
They deserve our thanks.
Onward and upward.
starry plough says:
14 February, 2012 at 19:54
To be fare ,would you trust them with your money:O)
voguepunter
made me laugh, but then whats not making me laugh last couple of days
just a wee joke
Dushanbe Bhilly Bhoy
Right
I listen to the Lion
And we sailed
And we sailed, and we sailed
All around the world, a brand new start
http://youtu.be/pcvvgxxAlp0
Rangers and their prestigious history.
Just finished a nice bottle of Champers,now on to my first bottle of Chianti,looking forward to my second.Will not have any Brandy,after last night,sore head this morning.
Looking forward to a good ols sing song later.Jelly & ice Cream anyone.Slan
I think the reality for the poundland team is do they have the money to be able to play the home game against Kilmarnock on Sunday? does it really matter to tha administrator that Kilmarnock would be awarded a 3-0 victory and the poundland mob would lose another 3 points in the grand scheme of things what does it matter to the administrator how many points the orcs are behind Celtic? H.H.
Awe_Naw_No_Annoni_Oan_Anaw_Noo says:
14 February, 2012 at 19:54
You ole romantic ,you.
Jeg er Neil Lennon-Greeninbingley says:
14 February, 2012 at 19:52
“Trading while insolvent”
Those are the three words that ramp things up from administration into criminality.
################
Trading whilst insolvent means that directors become personally liable for the debts, but it doesn’t in itself amount to a crime.
That’s the next step, which is wrongful trading.
Romantic musings on the history of RFC which will be lost to us…
No mention of 80 years of apartheid. Funny, that.
Just opened a bottle of Champs and Mrs Prestonpans thinks its due to St Valentine’s day.
God bless her :)
MWD,
I thought meeting up with you the morra night was going to be a good laugh. FFS, it’s going to be a lot more than that. Kicking myself in the a–e that I booked an early train to Aberdeen.
Jings a 28 or is it 29 point? swing since October. Mind the gap
Pablo
For every five ice cream and jelly we eat, Sally promises to eat ten.
Yet there are still MPs and mouthpieces saying ” we need to help Rangers get out of this ”
Disgusting!
Unlike my ice cream and jelly which is delish! :-))))))
Hail hail
MME
I’m sure I saw on RTC that if a club Is unable to fulfill a fixture then not only does It get a 3-0 loss against them but also a 5 point penalty? Is this true?
trading while insolvent
is that insolvent abuse??
Kittoch says:
14 February, 2012 at 19:56
Kittoch,last couple of days ……..I believe
I can fly.
we shouldn’t forget the 7M owed to debenture holders. The debenture was to be repaid in 2020 (or some far off year like that) that is, unless the club go into administration…
Vogue
It’s a day for young lovers songs
For Pablophanque
Love me, love me, love me, love me, say you do Let me fly away with you For my love is like the wind, and wild is the wind Wild is the wind
Give me more than one caress satisfy this hungriness Let the wind blow through your heart Oh wild is the wind, wild is the wind
You touch me, I hear the sound of mandolins You kiss me With your kiss my life begins You’re spring to me, all things to me Don’t you know you’re life, itself!
Like the leaf clings to the tree, Oh, my darling, cling to me For we’re like creatures of the wind, and wild is the wind
Wild is the wind
Wild is the wind
Wild is the wind
wild is the wind
HH
Ernie Lynch
I stand corrected. I thought trading while insolvent was a criminal act.
Rankers have just announced a new tv deal. All their games will now be shown on the History Channel. :-)
craig whyte at the movies
cracks me up
UC
R@ngers…..a club with a proud history….(according to one BBC reporter).
Sectarianism , violence, fraud.
Aye, only a hun could be proud of such a history