The news yesterday that HMRC would appeal the decision by the First Tier Tribunal (FTT) to reject the part of their tax demand against former club Rangers which was still open to dispute was received by most with passing interest. The FTT returned a split decision, with the minority view giving HMRC substantial grounds for an appeal, and as we have heard often in recent years, HMRC always pursue tax under various circumstances. Reasons include when they believe wrongdoing has occurred.
As such, it seemed strange that The Rangers chief executive, Charles Green, issued a statement on the subject yesterday as the on-going tax dispute “will have no affect (sic.) on us”. He also wrote “in the strongest possible terms to HMRC pointing out the futility of such an appeal”.
If Green expects HMRC to read this letter and to countenance a change of tact he has a regard for his own abilities which are, frankly, a little curious. No mere mortal could write a letter and bring about any change in such a dispute, which leads us to another question, is Charles Green a mere mortal, or does his aim occasionally stretch beyond his reach? I’m sure we’re not dealing with a Self-Certified-Superman.
The point to this exercise is that while Green’s newco is not liable for another company’s taxes, his football club inherited the SFA place vacated by Rangers, including pesky football liabilities. Fifa and SFA rules on paying social taxes are clear – avoid them illegally and face disciplinary action.
As the matter is on-going, the football authorities have yet to issue any disciplinary action for the non-payment of taxes for the five players Rangers conceded to the FTT. Should the courts ultimately decide in favour of HMRC for the balance of players still being disputed, a fresh wave of disciplinary measures would be due against Green’s club.
Last summer we discussed how the toxicity which was attached to the club Craig Whyte inherited, and then relinquished in a worse state, would make going forward as a Newco with any connection whatsoever to the SFA membership of Oldco very difficult. Many, including the Blue Knights consortium, concluded it didn’t look viable.
It still doesn’t. Scottish football needs to consider how to deal with the long term consequences of these matters.
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vp
next time…..definetly
If we have any more European success over the next few years it will hardly be worth or while liquidating…
The first rule of Celtic club.
NEVER tell a hun when you’re down.
TLK,
Of the 7 games 90 mins do you have any further stat breakdowns, such as were they 7 consecutive games ? Did we lose or draw ?
I see generalisations that don’t actually tell us too much, in fact could be used to obfuscate helpful data one way or the other.
Anything more definitive would be good ?
Just someones opinion make of it what you will.
——–
corsica1968@corsica1968
RIFC plc share issues available at: http://alzipratu.wordpress.com/2013/02/05/39/ I will not read comments on blog so don’t put any on
glendalystonsils likes a mr whippy with his lime green jelly :13:35 on5 February, 2013
>>>>
My understanding of zombie folklore is that they can only be totally terminated by having ther heads clean blown off, generally with both barrels of a shotgun.
Or absolutely incinerated in a fireball of incandescent proportions.
A combination of both would be ideal.
Try it.
: > )
Taken fromTSFM.
CLASS.
Carfins Finest. (@edunne58) says:
Tuesday, February 5, 2013 at 13:35
1 0 Rate This
This from Mr Hutton at Raith Rovers:
Edward
Thanks for that. We all enjoyed Celtic’s visit. Best team obviously won, but we battled away as best we could on a difficult pitch. Maybe that helped us as I wouldn’t want to play a team as good as Celtic on a bowling green!
The Celtic board were charming, the support great. Interesting that the trainers were never on the pitch. Match was played in a good spirit.
We need Celtic to win the Cup. We can then say we went out to the eventual winners!
Not sure about us reaching the SPL any time soon. League reconstruction may well help us though, as does a good cup draw like we’ve had this year!
Onward and upward.
Good luck in the Champions League.
Kind regards
Turnbull
Contrast this to the outpourings of people in a similar position within the game in Scotland. This man even has the common decency to reply to all my emails without fail. How we need people of this stature at the top of our game.
Celtic’s Scottish Cup quarter-final tie away to St Mirren is confirmed for Saturday, March 2, with a 12.45pm kick-off.
31003
What lodge where you in ?
Paddy’s best run in the team was a couple of years back but kept being ousted by wee Shaun when he was fit (i know,i know) round about the time of his wonder goal at Inverness.
BlantyreKev
13:28 on 5 February, 2013
A couple of questions that came to me a in a dream.
============================================
I had a similar nocturnal bewilderment.
However, I couldn’t bring myself to ask the blog about the significance of a naked Pamela Anderson riding a green and white striped unicorn and whispering ‘mind the oranges, Marlon,’ in Judge Dredd’s voice…
Scottish Football will deal with the long term consequences of this the same was as they deal with everything else involving huns old or new. Lift the carpet and sweep it under.
Don’t hold your breath waiting on the LNS enquiry delivering anything other than a posthumous slap on the wrist for the dead club either.
glendalystonsils likes a mr whippy with his lime green jelly
A zombie, once deanimated (they can’t be killed as they’re already dead) becomes a pundit. Condemned to walk the earth talking non-stop barry white and feeding from the supurating corpse of righteous ent
So Ticketus own The rangers?
lol!!
glendalystonsils likes a mr whippy with his lime green jelly
Ent = entitlement
Glendalystonsils
Zombies squared. (Zombies)^2
The Token Tim
Steak restaurants…. Kyloe, http://www.list.co.uk/place/103319-kyloe-restaurant-and-grill/ , at the Rutland hotel is good, West end of princes Street
Steak, http://www.list.co.uk/place/42795-steak/ , which is at the top of leith walk so still pretty central
The Honours, http://www.list.co.uk/place/30050-the-honours/ , just off george street so very central again.
Just a couple suggestions.
HH
The Token Tim
It’s a bit of a shlep over to Steak on Picardy Place. If you chose Kyloe, that’s walkable from Murrayfield and you’re in the mixer for the beers afterwards. Whighams is Cugar Central and you’re round the corner to George St, Tiger Lily for your glamours….
Let Rangers Die @LetRangersDie
“Yesterday I tweeted that 6 major City players had told me that Sevco had only raised c£9m in the recent share… http://fb.me/2rKcDVpve
Althetim
13:55 on 5 February, 2013
‘Don’t hold your breath waiting on the LNS enquiry delivering anything other than a posthumous slap on the wrist for the dead club either.’
####
I suspect the punishment won’t fit the crime ie they’ll be found to have fielded ineligible payers but the sanction will be token.
What will be interesting is how the oldco/club newco/club issue is dealt with, or more likely, skirted round.
ASonOfDan – 13:56 on 5 February, 2013 (and leftclicktic)
That explanation from corsica’s link supercedes my assertions that the Institutional Investors were under contract in the same way as normal shareholders, as I hadn’t spotted the differentiation in share types.
The writer of the article only suggests that Ticketus might have been using the ‘institutions’ as purchasing agents. However it would explain why they’ve gone very, very quiet. You’d have thought they might have something to say about CG raising £22M and them seeing none of it.
Blantyrekev, you are awful! Imagine dreaming that someone would be so reckless to mislead investors around an IPO. The penalties could be severe, particularly as the regulators are under so much topical scrutiny.
By the way, have you offered Jackie a sub-lease on your Traveller’s wagon?
Does anyone know where I can get a good can of Campbell’s beef soup?
Oh, wait…I just found one in my kitchen cupboard.
Paul
Probably going all to be academic anyway.
If Green has not got his £25M from his share issue then Newco will be going the way of Oldco fairly soon.
gincher67′ Whigham’s is my watering hole. Let me know if you’re in there.
67Heaven … I am Neil Lennon..!!.. Ibrox belongs to the creditors
From georgiebhoy on KDS: http://kerrydalestreet.co.uk/single/?p=12019176&t=8748656 …
———
Till later all this talk of steaks is making me hungry, I’m away to boil some eggs. :))
If it is true that a mere 9Million was all that was achieved AND given they’ve blown most of the season ticket money on that squad then does that mean it is only a matter of time before they run out of money?
Taking aside the winding-up order story, surely they cannot operate at those costs for 3 years minus European football and/or more investment?
Will their fans turn out if the prices go up during a recession?
Interesting times ahead.
Rubicon, often in. Young Liam behind the bar is Celtic-minded. One of the few in this town!
ArranmoreBhoyLXV11
12:23 on
5 February, 2013
HH
Big eck goes.. 40 days n 40 nights..
Dearie me..
———————————————————————————
did he do nottingham forrest for lent?
Companies House appear to have made a huge mistake – The company(Rangers International) that runs the club(Sevco, ‘The Rangers’) were BOTH incorporated in 2012… surely some mistake, 140 years of history and all that;)
=================
Name & Registered Office:
THE RANGERS FOOTBALL CLUB LIMITED
IBROX STADIUM
150 EDMISTON DRIVE
GLASGOW
G51 2XD
Company No. SC425159
Status: Active
Date of Incorporation: 29/05/2012
Country of Origin: United Kingdom
===================================
Name & Registered Office:
RANGERS INTERNATIONAL FOOTBALL CLUB PLC
IBROX STADIUM
150 EDMISTON DRIVE
GLASGOW
UNITED KINGDOM
G51 2XD
Company No. SC437060
Status: Active
Date of Incorporation: 16/11/2012
Gincher67
There might be more than you know. Only a couple tho.
HH
Thanks to all who answered my “what happens to already deid zombies when you obliterate them for a second time” question.
No wonder there are so many worried zombies around!
Edinburgh Tims out in force today!
I work just off Leith Walk. A very cold part of Auld Reekie!
LB
Cheeky cheek over the hill greedy ratbags. Call themselves musicians.? Fleetwood Muck.
http://www.ticketmaster.co.uk/event/35004A3FFD244B56?artistid=735087&majorcatid=10001&minorcatid=1
Bom dia,
Nothing much exciting happening in Brasil today.
Felipão is enthusing over his squad to face Ingerlund tomorrow, saying that there’s real “team spirit” about them and he won’t hesitate in using all his sub options in tomorrow’s game.
The Minerão re-opened on Sunday with the Cruzeiro v Atletico MG Classico (Cruzeiro won 2-1) and there were significant logistic screw ups (parking, lack of beverage stands, etc). So as a consequence the Minas Gerais State Government announced they were fining the Stadia Holding Corp R$1million, yesterday.
Wonder if the Glasgow Cooncil would ever fine a Stadium Holding Company for not delivering the required quality of Service? Mind you, I’m sure that Chico’s got plenty other things on his mind right now
67Heaven … I am Neil Lennon..!!.. Ibrox belongs to the creditors
13:35 on 5 February, 2013
“What the hell are the SFA playing at here…….there is collusion etc in all of this……get the punishment for these 5 conceded ones sorted SFA”
I thought paragraph 120 (IIRC) stated 34 cases were related to income – so where does the 5 come from?
P
Thanks again to all who proffered info re eating in Embra.
Have now booked Kyloe.
Looking forward to it, should be good day and night.
HAIL! HAIL!
Token
TTT
aye….dont work too hard :¬))