Hotelandywalker

Has someone been telling porkies again ... http://www.bbc.co.uk/sport/0/football/18302280

Same here

Try this one ... http://www.youtube.com/watch?v=TCeD_6Y3GQc

Agreed ... apart from the first *

No chance

Fair play. I should've added "unless you are supporting your local team" previously. Still doesn't help you get to sleep though ...

Huistrinho, this. No harm meant, but I wouldn't sleep if Ayr tried a tax scam even 1% of this potential magnitude

There is no honour unless every penny of outstanding tax is paid back. Relegation might be "appropriate punishment" for your old or new club breaking rules (cheating) like the dual contracts debacle etc. Miller's proposal to just walk away from tax owed (via CVA or not) holds no honour with most fans. Small businesses that have been shafted by your old club will want more than just outstanding tax paid back!!! Hope you can sleep at night ...

No! Making crazy Self Preservation League entry restrictions in the first place (eg undersoil heating and 10000 seats) was wrong. The resulting debt is partially why some chairmen are now scared to hand out the punishment these cheats deserve. Your argument is erse fur elba

Not really ... the easy option is to firstly spend another £100 million signing players you can't afford and then play the newco/incubator card. Simple really

Is the delay in announcing the result of the big tax case a ploy by HMRC? If they wait and TBK take over the club this week then TBK might initially be able to repay the Rangers/Whyte tax debt (or a decent portion of it in the short term) run up over the last year before they are eventually hit with the inevitable big tax case result. HMRC announcing the big tax case result too soon would mean immediate liquidation and recovering zip diddly.

http://www.thescottishsun.co.uk/scotsol/homepage/sport/spl/4254044/SPL-are-twisting-the-knife-Rangers-should-NEVER-forget-it.html What a pr!ck , so am I for following the Google link ...

I'm glad I'm not a Pars/Hibs fan right now. At the same time though, can the SPL chairmen change their rules at the end of this month to protect their own members ... save the relegated club because RFC have folded and then reinstate the new company at the expense of Ross County? Not out the question given some of the recent developments

I still don't understand this liquidation and phoenix company scam. If it goes ahead why can't HMRC step in and take over the assets in the interim and "rent" them back to the new company until they have received all that is owed? Seems the obvious thing to do to me ... and set the pay back time to an absolute minumum. Our laws really need tightening up!!!

The figure is 90% majority ... even more argument for a 20 team top flight

Why doesn't the government step in and hault the sale of Rangers assets to this newco? Surely this newco should only be allowed to benefit from such a sale once HMRC have been paid what they are due. Maybe HMRC could be the interim custodian of assets in the deal and charge the newco an affordable monthly rent? I naively thought HMRC would be treated preferentially compared to businesses in the courts. It's the public's tax money that is being stolen by these gangsters after all

So the BBC quote above is wrong then. There isn't any circumstances peculiar to this case that HMRC think they can use to their own advantage is there, e.g. same dodgy baker with just a different name for his same bakery premises?

So can HMRC do this or can the "new club" wash their hands of the tax due from the current club? This is clear as mud

While I agree with this ... how many SPL teams could survive the certain substantial drop in income if Rangers disappeared for 3 years? Many are on their arse as it is which has led to their "closed shop" mentality that exists today

Thanks for that ... so yes the world has gone mad. CW buys RFC then rapes HMRC under his company's name and as "secure creditor" is above the law

He is the most recent owner and secured creditor though. You can't jail a company?!

Is he not responsible for his own actions?

Still don't understand how CW can be allowed to "buy the assets" of the club without HMRC intervening/stripping them from him as part-payment for what he owes them. Whose money would he be buying them with, surely it's HMRC's (i.e. ours!!!)? I would've thought jail and stripped of every penny he has laid his thieving hands on would be the law of the land for CW not paying £9 million in taxes. Has the world gone mad? This secured/unsecured creditor jargon describing CW/HMRC and how CW's rights seem top priority has lost me

I hope you're right, otherwise the creation of the new debt free company should be blocked by the government. How many hospitals, schools etc could £75 million pay for?

You got your characters mixed up there ... it's actually -10 by 3:30pm today I hear