Was never really an avid reader of the RangersTaxCase website but I certainly remember it reporting the fact the Rangers were not passing on PAYE contributions about 4 months ago while the Scottish media did not start reporting it till this weeks when HMRC came out with it.
Think are just making it clear they have not loaned Rangers or Craig Whyte anything which is what is being reported, they have bought a portion of the Rangers season tickets for the next few years and whatever happens they still owns these and get the money from the sale of season books.
Ticketus' parent company statement
Octopus Investments would like to clarify the position of Ticketus with regard to the current Glasgow Rangers coverage.Ticketus is one of the many entities into which Octopus Protected EIS invests. Ticketus has purchased tickets for Glasgow Rangers games for a number of seasons in advance, as it has done for a number of years previously with the club.
Ticketus does not lend money; Ticketus is the owner of assets - the tickets. Octopus is continuing to work with the administrators and Glasgow Rangers on this matter.
Think it was somebody from SSN that asked if SOCA were looking into the fact that tax and contributions were taken from workers but not passed on to HMRC
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HM Revenue and Customs has lodged an application to put Rangers into administration.
On Tuesday HMRC lodged the order with the Court of Session in Edinburgh calling for the court to appoint an administrator.
The Court of Session confirmed to STV that the application is scheduled to be heard before a judge from midday on Tuesday. HMRC is due to make a statement on the steps of the court afterwards.
The move comes after the Ibrox club had lodged its own notice of intent to appoint an administrator on Monday. The court will now have to decide whether the administrator should be appointed by Rangers or the tax authorities - with important implications for the future of the club.
Rangers are currently awaiting the result of a crucial tax case with HMRC, which owner Craig Whyte has confirmed could leave the club owing up to £75m.