pollymac

stolen from CQN Glencairn Website edit: Boooo! Whilst I was beautifying my post, LHH sneaked in. At least I credited it LHH, shame on you.

Tickets on sale here

Yeah, my thinking too. First part, fair enough, I fast read your post and never picked up on the (not too) subtle use of the word 'possibly'.

The SFA don't even have powers to stop someone from running a club; I think that the remit of Companies House. They can prevent him gaining access to the various SFA/SPL/whatever meetings and maybe fine the club a pitifully low (and impotent) amount of money. But they can't stop him being a director. The SFA know it and he knows it.

Why would he, there's nothing the SFA can do about it. They know it; he knows it.

Financial advice from a Mr P Lawell.

That video is genius.

Also: How much money did that £330m or so enable them to cheat out of the SPL/SFA/Uefa/Your Team/European Teams? Must amount to a decent whack. Certainly they earn £20m or so more in a CL season than one without. £400m all told? Aye, we all need a team like that.

They can, because they profit from it. Simple as that. As an addition to the current debt, people might want to consider that Murray (in his own words) wrote off (or rather LBG ultimately have now written off) £100m of debt via MIH and that the club also banked another £95m or thereabouts from a number of short-changing deals involving ENIC, NTL and Dave King (chuckle). All of this is since 1997. So, anyone arguing that Scottish football needs Rangers would need to explain, certainly to me, exactly why we need a club that has been bankrolled from external sources over 15 years to the tune of around £330m. Read that again: £330,000,000. In 15 years.

Anyway, I guess this is getting shelved now?

A partner company of the one I left in December is due several thousand. They were paying people off last year (I jumped ship)

F*ck off you stupid c*nt. Best I could be bothered with, to be honest.

They're the company that Rangers sold the catering rights to last year I think. Presumably this is the value of the current year's contract

They owe my work's benefactor £93m

Much of their debt was to previous owners who were willing to take a hit on their money; orcs debt is mainly to Hector, who is unlikely to be so accommodating.

Hello Lyons? ... What? All of it? ... Hello Ben & Jerry? ... ffs, no, tried them already. Thanks anyway. ... etc

Didn't Alan Sugar describe his Spurs investment as a waste of time and that all footballers were self-obsessed scum (or similar)?

So, it's official then, Lidl have made a bid for Poundland?

The HMRC certainly could go after a newco in such a way. The conflicting info is regards a legitimate newco, one that is formed on the back of a liquidation. What we appear to be witnessing here though, is the formation of a newco before the event, not after (which is, on the surface, normally the case). Creating a newco and receiving the go-ahead from the sporting authorities to continue 'as you were' would be to publicly stick two fingers up to the HMRC. And that is where the problem lies: phoenixing a company is done on the sly to pick up the pieces when things go wrong; phoenixing with pre-approval from the SPL etc would be to do so for one purpose only. At best, HMRC would go after pre-paid deposits for a number of years, based on the average turnover of the old company (over 3 or 5 years) - you might want to have a look at Rangers turnover for the last 3 or 5 years. At worst (or best, whichever way you look at it), they will do the same as above and also pursue the newco for debts and oldco directors for personal liability - this will include non-exec directors during the EBT period, including the one who is currently leading the Blue Knights consortium.

I find that quite hard to take - essentially, the administrators and the sport's governing bodies are performing a carve-up before the event. And by carve-up, I don't mean of Rangers assets. By doing this, they would also be incurring the wrath of HMRC, who would most certainly go after a Newco created and legitimized before the oldco were liquidated for the full amount of debts owed. Under such a circumstance, they would also go for the full 100% penalty open to them.

After the original deadline, yes, after the second one? Doubt it. To be fair on the SFA though, there would have been very little they could do about it.

There is more than one date re Euro license applications. The March date is only the first.

It only came out in the laptop loyal perhaps, it was common knowledge elsewhere that there was something amiss regarding what would later become the small tax case. Perhaps you're meaning the non-payment of PAYE and NIC?

What the hell does a Newco have to do with the administrators? Why the heck are they even asking these questions? That's not in their remit. If they liquidate orc fc, that's their job done. Something smells rotten in the state of Mordor.

Yep, like ignoring the rules. On overdue tax. Like last season.