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.
You can support the online edition by making a discretionary donation here.
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Wat a day! Time to go to bed begining to see double here but i just dont want this day to end..
We will remember this day forever
good night companeros
HH
tarrant
hmmm…probably still not long enough…i may mellow with age though so reserve the right to reconsider ;-)
bbg
paul 67
love this site as we awe dae
this is our day
thanks for making it possible
that goes to everyone who take the time to visit and post here
we won
tarrant,
I’m just dandy mo chara.Feel like the corners of my lips have been stitched to my ears.With a bit of make-up i could put Nicholson & Ledger’s Joker to shame.Definitely feels like a Friday.
Hope your revelling in it.
TEEHEEHEEcsc
Any chance DD or one of his rich friends buys Ipox & MP and leases them back to any Newco?
Feck it. Come on , Morrison’s Land Acquisition Department. Prime real estate to be had.
Besides the cheating , it deprived our own tommy burns from leading his beloved celtic to a league title which would have been merited . Also If there is one scrap of proof that HQ were privvy to this ibrox debacle , then we must get out of this country and play our football elsewhere, now is the time , now is our opportunity .
hail hail
jimtim
I make no apology if this has already been posted:
Due to the eviction of Dale Farm, the travellers have been offered an alternative site at the car park of Rangers Football Club. Furious at the thought of dirty, thieving, in-bred, illiterate tax dodgers living right right on their doorstep, the travellers have turned it down.
jimtim
So true about TB. Thinking of him. Great post.
HH
northshorebhoy says:
15 February, 2012 at 00:41
Any chance DD or one of his rich friends buys Ipox & MP and leases them back to any Newco?
Feck it. Come on , Morrison’s Land Acquisition Department. Prime real estate to be had.
this is my dream
:)
Cults
I hear ya. You;re maybe right. I’ve no idea what the huns will do when they have no focus for their hunnishness: no Union Flag displays; no £16.90 set meals; no Graeme Dott taking the green bet888 labels off the snooker trophy before displaying it to baying neanderthals; no “ah’m no sookin ma orange juice oot yir fkn green straws”…
Maybe they will still go to watch Rearrangersed FC (nearly Ready) at Ibrox with 700 or 7000 like-minded (doomed) souls, and not drink from green straws. Maybe they’ll go to watch Partick Thistle or Cowdenbeath or Alloa – but I doubt it – it’s easier to get divorced than change your team. Maybe they’ll sit at home and nurse ideas about bombing Celtic Park. Maybe they’ll sit at home and think about the wrong choices they made as individuals and how they can improve their lives.
Maybe all of the above, and most likely if any reborn hun team comes through the divisions, their fanbase will grow accordingly, and divide among itself over who was their first/longest/loyallest, while we fight Hibs for the league.
It just seems like yesterday we were reading about Craig Whytes take over happening in the next 48 hours
Tictalker talking tic
stivs
Neil McCann of course. I remember his face in the Donald Findlay Quintessial C[ahem]t case and figure his punishment has already been decreed. Listen to that for eternity, surrounded by people who believe the words and smell your blood.
stay safe everyone…
bbg
JOE LEDLEY
1-0
THE FINAL NAIL
28 DEC 2011
How little they needed us back in the day.
Now it seems we cannae live without them…Hmmmmm.
Get the message out there Bhoys “we don’t need no stinkin rangers”.
Let me tell you all how I feel right now.
I actually thought I would feel overjoyed, delighted, thrilled that this had come to pass. But as the full extent of what has happened here becomes known, becomes clear, I am finding it impossible to retain even the smallest enthusiasm for the process past this point.
What I feel instead is sick, heart sick, and deep disgust that things got to this point.
Let me tell you, people will lose their jobs. Other clubs may go to the wall. Football in this country might very well die a death as slow and painful as any national sport has ever had visited on it, and you know what? Not one bit of it bothers me in the slightest.
What has happened already is an incalculable fraud on an epic scale. This is not simply the debts we know about, but the untraceable £50 million which vanished into the larger debt of MIH, the ENIC money, Dave King, all of it. It runs into the HUNDREDS of millions, sums so enormous it is impossible to contemplate it.
When you think about it, it helps to do it in the full context of what we’re talking about.
A bank which owned part of the club, as part of a dodgy bent deal with David Murray, allowed them to run up enormous debts. That assured they would never foreclose, no matter what. When the global financial crisis hit, and things began to spiral downward, £50 million of the club’s debt vanished into the black hole that was MIH. This is all fact, and it’s a known fact.
I mention Dave King very specifically. A man who has been found guilty of multiple tax fraud offences and will stand trial for racketeering and corruption in South Africa, a man who went to that country with an accounting degree and, who during global economic sanctions, made a fortune during apartheid. I’ve always argued that should have been looked at … but even now, with him GUILTY on many of the worst charges levelled against him, he is still deemed a “fit and proper person” by the SFA and SPL.
It makes me wonder just what it will take for someone NOT to be declared fit and proper.
David Murray set up a tax evasion scheme which, according to the RTC guy, everyone in the Ibrox boardroom was aware was not only potentially questionable but ILLEGAL … and we also suspect there were two contracts for the players which, presumably, either were never declared to the SFA or the SFA then decided to pass despite no proper scrutiny or alternative legal opinion.
We know – for a FACT – that the scheme was highly dubvious and alternative legal opinion would have indicated this. We know this because a Celtic director, Brian Quinn, who had just become chairman, instantly declared our own brief flirtation with it at an end. How hard did the SFA look for that kind of advice?
Then there is the media. Don’t even get me started on their role up to this point. Disgraceful.
All of this brings us to Craig Whyte, and the present set of circumstances. I won’t rehash them here, but only because I want to revisit them in my own way later.
Today’s news that the club has been trading whilst insolvent brings into disrepute every institution involved in the running of the Scottish game. They have not been asleep at the wheel as much as they have been lying behind it pissed, one foot on the accelarator and a bottle of whiskey between their legs.
Is the smug git Stewart Regan STILL sure Rangers should have been granted a license to play in Europe? Will that question arise over the next few days? It should. Many questions should be asked.
Yesterday they paraded a new signing. The SPL is debating whether to register him! That is SCANDALOUS when things stand as they are. He should be on the next plane home, and that should only be the START of the sanctions. For LYING to the league authorities relegation should be AUTOMATIC.
The scale of this is enormous. The Scottish and British tax payers stand ready to be defrauded out of tens of millions, perhaps more, if Craig Whyte gets his way. If this was any other BUSINESS in the country the media would be crucifying him, the world would be condemning it. In Scotland we have Members of Parliament, and Margaret Curran is the latest, a woman I respect enormously, but not today … SHAME ON YOU FOR WHAT YOU SAID EARLIER ….. actually suggesting Scottish football, and society, needs this organisation.
NO WE DO NOT. NOT NOW. NOT EVER.
They are a disgrace. Their conduct is a disgrace. And every person who wants them cut slack – ANY SLACK – is now making excuses for sheer, blatant criminality.
Shame. Shame on all of them. I consider them accomplises after the fact now.
Work tmw, bed now.
Finsih with a track of pure joy…
Samba!
Enjoy all.
And who knows what pleasures tomorrow may bring…
HH
JF
write your MP, MSP (I already have, as they are SNP, after Shona’s shite yest), and write to Margaret herself.
G’night!
Saint Stivs:
Peter took me to my first ever Celtic game. Over the years twice I’d chucked the smokes and twice at games he thought it best for my nerves that I take one.
I flew home from here for his funeral. Walk on.
I remember the carry on I had with his brother Pat in Manchester when we played Mark Hughes testimonial.
His other brother from the view got me countless tickets in his time.
Ally on rfcTV today…to the fans…
“please, please !” come and support the team, in this difficult hour
Paul 67 well done tonight
James Forrest is The Emperor of Ice Cream says:
15 February, 2012 at 00:52
Excellent summary we should be noting all of these MP’s and SFA/SPL incompetents and continue to make their names known as complicit in this disgrace.
Paul67
To celebrate the coming Liquidation a wee simple Cliff Richard ditty
Green Brigade – Congratulations (Liquidation Alternative)
Congratulations on Liquidation
When we tell everyone your times up RFC
Congratulations
and jubilations
We want the world to know we’re happy as can be.
Cliff Richard – Congratulations (Original)
Congratulations and celebrations
When I tell everyone that you’re in love with me
Congratulations
and jubilations
I want the world to know I’m happy as can be.
Wont give in the day job lol!
philvis @ 00:09
i needed that reminder
thanks
i was also startin to have sympothy for some ……
read your post , watched lennys ‘something inside so strong’.
youre spot on
theyve made their beds…..
might get new tatoo soon …………75 million stars
On STV the tw*t A. Dick (how appropriate) when asked if he can understand how Celtic fans feel about Rankers spending beyond thems means says, “i grew up thru 9 in a row and u can’t tell me that Celtic fans don’t look forward to the Old Firm games…”
No mention of the cheating. No one in the studio questions the bams dodging of the question. Typical.
The biggest problem for me is the lack of the word “cheat” in any of the dialogue. It’s as if it’s all been a bit unfortunate and Rangers are unlucky to be getting picked on. (Move on Timmy).
I paid more tax than Barry Ferguson. Enough said!
AoW
HH
Ps. If i’m wrong Barry i’ll buy you a black pudding supper :-)
Obviously as a new poster I am dodgy
On the other hand I am the long time lurker who can’t help myself tonight
Mr Brennan has made my life easier over a long period of time . RTC has been proven correct in every aspect .
I conclude that he and RTC is correct .
No-one in my family could conclude this would happen .
I listened to Clyde over lunch today.
I listened to the desperation of journalists seeing their meal ticket disappear under a mountain of debt.
I heard them pleading for Slick Johnny and the Southsiders to be parachuted directly into the SPL.
I heard a little sympathy for the staff at Ibrox who will go unpaid from this week onwards.
I heard no condemnation of a club that deducts NI and PAYE from employees and declines to pass it on to the requisite authorities.
I heard no condemnation of an association member who denies payments to other clubs.
I heard no condemnation of a club who have unequivocally been CHEATS, CHEATING the other member clubs through fiscal impropriety and deceit.
Elected officials are joining in the rising chorus to mount a rescue for the CHEATS.
No one has expressed any concern about the endemic accounting malpractices which accompanied this mugging of the Scottish public.
The media and the Scottish establishment have a previous history of ignoring the dark acts practiced by the GOVAN CHEATS. Rioting, racism, bigotry have all been air brushed from their history as it portrayed the dominant religion in a poor light.
However, their sense of entitlement and superiority has been their undoing.
They thought they could CHEAT their way out of their extravagances and overspending, just as they have CHEATED their way to titles and trophies. Titles and trophies won with the assistance of their brothers in influential positions in football and in Scotland’s Secret and Secretive Societies.
Let’s heed their call for assistance.
Let’s give them the ability to apply to the bottom tier. BUT
Only after they have paid the NI, PAYE and VAT outstanding from the current season.
Only after they have paid every penny owed to other Scottish clubs.
Only after they have paid outstanding wages to every non football staff member.
Only after they have paid every single penny owed to suppliers.
Only after their management accounts are made public.
Only after their current and past management are made to publicly apologise to Scottish football fans for an undignified generation of malfeasance.
Only after those charged with oversight of our game are investigated to determine their level of compliance in turning a blind eye to the shenanigans in Govan.
Only when the dark corners are exposed to the cleansing sunlight of truth we can rebuild confidently, knowing that all games are being played under the same set of rules.
‘GG
I needed to get that off my chest, Cathartic CQN Therapy Page
‘GG says:
15 February, 2012 at 01:09
Either i underdid the `cheat’ bit or u overdid it but the result remains the same.
Rangers = cheats
Nice rant though.
HH
AoW
This is a day that should never end.
I was on a high yesterday but whoooaaaa, today, the new level….
They are cuffed.
Bizarrely, they are STILL in denial.
It really is a Monty Python scenario….
As luck would have it I had to drive past Ibrox in the late afternoon.
Hadn’t been that way in many a long year.
There were maximum of about 70 people outside.
A lot of these people had film cameras and microphones, journalists….
SO….there were only about 20 or 30 fans “protesting”.
Which they weren’t, they were just standing there, no banners, no nuthin, not a peep….
Not a “car park situation” in the slightest. No pitchforks, no lighted torches….
No “we deserve something”.
I almost felt sorry for them.
Then I remembered all the bad things.
The foul songs.
The stupidity.
The “rightness” of their wrongdoing.
Their violence.
The murders, the bullets, the justification in the press.
The hatered of anything that isn’t them.
Their false “supremacy”.
The thousand other things.
I say one thing : just go, go now, GTF
And the world will be a better place.
OldRangers
Gone and thank God.
pigalle
Quote of admin day imo
“Rangers do not unite the Scottish nation”
From Tom Devine a prof emeritus on C4 news
I guess they are not the people just some of them like the rest of us
Hail hail
humblepie.csc
Job losses are terrible. But the hypocrisy is sickening. When JJB came along with the millions for the merchandising how long and how loud were the cries of derision at the closure of every Rangers high street store?
pigalle says:
15 February, 2012 at 01:18
I concur Pigalle.
Don’t know if u saw the earlier post but apparently people were honking their horns as they passed I-Broke – in support. However, some bad lhads just threw some coppers out their windows and laughed as they passed by. Can’t confirm it but made me smile.
AoW
Art of War says:
15 February, 2012 at 01:15
It looks like the lack of condemnation of CHEATING has stuck in both our craws.
I am also angry at the lack of regret from the apologists.
For the sorrow that is according to the will of God produces a repentance without regret, leading to salvation, but the sorrow of the world produces death.
‘GG
Some extremely good reading on here tonight.
Keep up the good work fholks.
I would like to say i neither need nor want them.A friend and i agreed a few years back that we actually didn’t enjoy the atmosphere at home games against them due to the poison they spout and the malevolent aura they possess.And that’s not to mention the wider social ills their vile hatred brings.Could more than easily cope with their demise.To hell with them i say.And a good riddance it would be.
FOREVERANDEVER!!!
I can just hear auld Lizzie to Minty Murray in her best Parliamo
“Gie’s it back ya bassa”
I AM LOVING THIS!!!!
HH
Just doing a bit if maths there & if we win 7 out of our last 12 games we will mathamatically win the league :-)
Poetic GG.
Just one wee point.
There is only one game that the missus won’t let me take the wee man to. Guess which?
When i go i am reminded to take care of myself. Watch where i go/what i wear/what i say.
If going for a pint, be carefull.
Any other game (except maybe the Jams) – see you later. No concern. No worries.
Why is that?
Why would i/she miss that?
AoW
The jhoy is palpable on here tonight.
Sweet fantastic.
:-)))))))
rfc objective is to be in and out of admin in time to ensure possible euro football next season
THAT is the current remit of hunland state media !
in contrast to….
“bottom of 3rd Division, as least”