PeeTeeJag Posted May 14, 2012 Share Posted May 14, 2012 I enjoyed this reponse to the piece on the Time Magazine site - a Rangers fan taking Saporito to task for inaccuracies in the article. A few clarifications as your article is misguided, untruthful, ill-researched and inflammatory in places: 1) The club is called The Rangers Football Club, not Glasgow Rangers Football Club. Someone better tell Sally and Watty that coz they say glasgow rankers football club all the time. 0 Quote Link to comment Share on other sites More sharing options...
GirondistNYC Posted May 14, 2012 Share Posted May 14, 2012 1337005972[/url]' post='6235470']HMRC will take a hit on Rangers, because when they go, EVERY professional sports club in the UK will no longer withhold PAYE and VAT monies from the Exchequer, they'll end up recovering the money through that. The soon to be removed 'Football Creditors Rule' and EBT ruling will get footballs finances back in order sharpish. Precisely. Tax revenue is all about Deterrance since realistically the revenue can't have full visibility on what every individual and entity does. Losing money in one instance to provide an example to others makes perfect sense - its why HMRC or the IRS will spend disproportionate resources chasing, say a minicab firm or a restaurant and drive them over the edge if caught - the money involved in the individual case is trivial but the sector or aggregate has a lot of tax cheating, so take the occasional scalp to scare others even if in isolation a deal would raise more. When there are exceptions, it's usually where rules are murky, the company is huge and the accused can credibly and justifiably point out that if they get hammered on a grey area they will do less business in the jurisdiction and net revenue will fall in the sector as a whole - see Goldman and Vodaphone for cases that may fall under this rationale. Rangers wasn't in a grey area really here, it can't move operations to Geneva and its future revenue is peanuts compared to clubs down south, let alone the real economy. It surprises me Rangers supporters don't seem to get this point and to the contrary seem morally outraged that HMRC might even consider not taking pence in the pound. 0 Quote Link to comment Share on other sites More sharing options...
thelegendthatis Posted May 14, 2012 Share Posted May 14, 2012 Rangers are up to date with their payments at the moment, so Hearts currently have no grounds for greivance. Does that include payments of VAT, tax and NI? If staff accept a reduction in wages, but on the basis it will still be paid, when is the tax and NI due? Is it when it is actually pad or when you have contractually agreed the wages liability? Maybe this has been covered already but would be good to know. And then can advise Duff & Duffer. They seem to get most other things wrong. 0 Quote Link to comment Share on other sites More sharing options...
Carpucho Posted May 14, 2012 Share Posted May 14, 2012 It's hilarious how not a lot of Rangers fans post in this thread. It's all just seems to be bitter little fans from teams outside the Old Firm that are optimistic of Rangers going under. Quite sad really how you're all experts on 'what's going to happen...!?' 0 Quote Link to comment Share on other sites More sharing options...
hellbhoy Posted May 14, 2012 Share Posted May 14, 2012 (edited) I have found out that "NUFF n HELPS" and SOAPY SALLY McMOIST will go into Wednesdays tribunal with the best defence EVER and will produce a book that will quite clearly show that RANGERS are not guilty of any wrong doing and should not be punished in any form what so ever as it was the actions of one man. Edited May 14, 2012 by hellbhoy 0 Quote Link to comment Share on other sites More sharing options...
Granny Danger Posted May 14, 2012 Share Posted May 14, 2012 Does that include payments of VAT, tax and NI? If staff accept a reduction in wages, but on the basis it will still be paid, when is the tax and NI due? Is it when it is actually pad or when you have contractually agreed the wages liability? Maybe this has been covered already but would be good to know. And then can advise Duff & Duffer. They seem to get most other things wrong. As I understand it the administrators have been making all necessary payments to HMRC for the period of the administration. Don't know if they would have to make more frequent returns for VAT, i.e. monthly rather than quarterly. 0 Quote Link to comment Share on other sites More sharing options...
Granny Danger Posted May 14, 2012 Share Posted May 14, 2012 It's hilarious how not a lot of Rangers fans post in this thread. It's all just seems to be bitter little fans from teams outside the Old Firm that are optimistic of Rangers going under. Quite sad really how you're all experts on 'what's going to happen...!?' They're all trolling in the Division 3 forum now trying to work out the lie of the land. I suggest you join them. 0 Quote Link to comment Share on other sites More sharing options...
qpsnapper Posted May 14, 2012 Share Posted May 14, 2012 It's actually relatively coherent by his recent standards. He doesn't like the fact his beloved Troo Bloo Knights have lost and is playing the xenophobia card ("Arabian Knights") and the Whyte M.II card against team Green. Calling for somebody else to do due diligence on the shadowy foreign types and helpfully providing contact details to What he thinks is Green's solicitors so the Orcs can get their retaliation in early and flood the phone lines and email system with stupid questions and veiled threats. I'm sure that will Really help Field Fisher's motivation to stay with a process that has already led to litigation and horrific publicity for another law firm. Wonder if they would pass David Murray's "sniff test"? The sort of comment that would get a politician hounded until they resigned but it's ok for DM to say it. 0 Quote Link to comment Share on other sites More sharing options...
MattWPBS Posted May 14, 2012 Share Posted May 14, 2012 Out of curiosity, why have you put Thistle as your team? Bit tenuous, but listen about the 55 second mark. http://www.dailymoti...r-so-good_music HMRC will take a hit on Rangers, because when they go, EVERY professional sports club in the UK will no longer withhold PAYE and VAT monies from the Exchequer, they'll end up recovering the money through that. The soon to be removed 'Football Creditors Rule' and EBT ruling will get footballs finances back in order sharpish. Exactly, the moral hazard of not battering Rangers is extremely high. If they don't, there's people who'll think "that's a good idea..." and try it themselves. 0 Quote Link to comment Share on other sites More sharing options...
vikingTON Posted May 14, 2012 Share Posted May 14, 2012 It's hilarious how not a lot of Rangers fans post in this thread. It's all just seems to be bitter little fans from teams outside the Old Firm that are optimistic of Rangers going under. Quite sad really how you're all experts on 'what's going to happen...!?' Think you should be deciding which bigoted Junior team you'll be supporting, rather than wasting your time on here. Tick, tock. 0 Quote Link to comment Share on other sites More sharing options...
Drooper Posted May 14, 2012 Share Posted May 14, 2012 It's hilarious how not a lot of Rangers fans post in this thread. It's all just seems to be bitter little fans from teams outside the Old Firm that are optimistic of Rangers going under. Quite sad really how you're all experts on 'what's going to happen...!?' Yes, quite hilarious 0 Quote Link to comment Share on other sites More sharing options...
Homer Thompson Posted May 14, 2012 Share Posted May 14, 2012 (edited) It's hilarious how not a lot of Rangers fans post in this thread. It's all just seems to be bitter little fans from teams outside the Old Firm that are optimistic of Rangers going under. Quite sad really how you're all experts on 'what's going to happen...!?' There are no Rangers fans on the thread because theres no opportunity for them to lord it over everyone else, or spout sectarian bile. Take away those two posturing points and their posting levels drop to pretty much zero HTH I have found out that "NUFF n HELPS" and SOAPY SALLY McMOIST will go into Wednesdays tribunal with the best defence EVER and will produce a book that will quite clearly show that RANGERS are not guilty of any wrong doing and should not be punished in any form what so ever as it was the actions of one man. [attachment=66832:] I think its more likely to be based along these lines ITS ALL THE SFAs FAULT!!1!1111!!! Edited May 14, 2012 by Mr X 0 Quote Link to comment Share on other sites More sharing options...
Rector Posted May 14, 2012 Share Posted May 14, 2012 Precisely. Tax revenue is all about Deterrance since realistically the revenue can't have full visibility on what every individual and entity does. Losing money in one instance to provide an example to others makes perfect sense - its why HMRC or the IRS will spend disproportionate resources chasing, say a minicab firm or a restaurant and drive them over the edge if caught - the money involved in the individual case is trivial but the sector or aggregate has a lot of tax cheating, so take the occasional scalp to scare others even if in isolation a deal would raise more. When there are exceptions, it's usually where rules are murky, the company is huge and the accused can credibly and justifiably point out that if they get hammered on a grey area they will do less business in the jurisdiction and net revenue will fall in the sector as a whole - see Goldman and Vodaphone for cases that may fall under this rationale. Rangers wasn't in a grey area really here, it can't move operations to Geneva and its future revenue is peanuts compared to clubs down south, let alone the real economy. It surprises me Rangers supporters don't seem to get this point and to the contrary seem morally outraged that HMRC might even consider not taking pence in the pound. It is in facte ven more serious for Rangers than that. HMRC have been raging about (mainly English( clubs getting away with CVAs for years, but because of the 25% rule have been unable to do anything about it. I was involved with the Fans Trust at Plymouth for a short time and in meetings during the early stages of our administration the club explained that HMRC had made it crystal clear that they didn't care about the money, they were *desperate* to take a club down, pour encourager les autres. The whole strategy at Plymouth - and ultimately what saved the club - was frantic levels of cost-cutting to reduce the debt to HMRC to below 25%. In fact, I think it's true that HMRC have NEVER voted in support of a CVA, not in recent times, anyway. I have no doubt that the tax are rubbing their hands with glee at the prospect of taking a club the size of Rangers down, given the paradigm shift that would then inevitably occur in football financing. They are remaining tight-lipped in public - for obvious reasons - but the idea that they will cut a deal with Rangers is out of the question. And explains why, by the by, there has been (unwise IMHO) political pressure applied from Holyrood. 0 Quote Link to comment Share on other sites More sharing options...
hellbhoy Posted May 14, 2012 Share Posted May 14, 2012 It's hilarious how not a lot of Rangers fans post in this thread. It's all just seems to be bitter little fans from teams outside the Old Firm that are optimistic of Rangers going under. Quite sad really how you're all experts on 'what's going to happen...!?' EH ! do you know something none of us experts don't know then ?. Do share with us your expert knowledge in escaping with MILLIONS of pounds of TAX FRAUD. ALLOW ME to help remove your head from yer erse "YOUR CLUB IS GOING TO BE LIQUIDATED" and then AGENT GREEN is going to RAPE yer ass-ets and NEWCO it. 0 Quote Link to comment Share on other sites More sharing options...
Newbornbairn Posted May 14, 2012 Share Posted May 14, 2012 It's hilarious how not a lot of Rangers fans post in this thread. It's because you're not fucking welcome. Most of your bigoted, cheating filth got the message some time ago so piss off and join them. 0 Quote Link to comment Share on other sites More sharing options...
sjc Posted May 14, 2012 Share Posted May 14, 2012 Of course they will, but Green is such an experienced and clever businessman he won't release the names of the 20 members of his cabal. Perhaps Mister A, Mister B etc will be enough for the fit and proper test. Just like they do in fraud and money laundering trials. That will reduce confusion in the longer term. By the way as Green goes by the name of Charles, does that mean he answers to the name Chic when in Scotland? How will we tell which is which? Chic Young will be the one sucking Chic Green's cock. 0 Quote Link to comment Share on other sites More sharing options...
Jacksgranda Posted May 14, 2012 Share Posted May 14, 2012 They're all trolling in the Division 3 forum now trying to work out the lie of the land. I suggest you join them. That's probably a bit too subtle for most of them..... 0 Quote Link to comment Share on other sites More sharing options...
Newbornbairn Posted May 14, 2012 Share Posted May 14, 2012 And the green filth can piss off as well. 0 Quote Link to comment Share on other sites More sharing options...
GirondistNYC Posted May 14, 2012 Share Posted May 14, 2012 1337008613[/url]' post='6235676']It's hilarious how not a lot of Loyal Party members and friends of our fraternal Russian allies post in this thread. It's all just seems to be bitter little dissidents from tiny little Warsaw Pact countries that are optimistic of the glorious Soviet Union going under. Quite sad really how you're all experts on 'what's going to happen...!?' Fixed to reflect circa early 1989. Have fun, Comrade Carpucho 0 Quote Link to comment Share on other sites More sharing options...
BigBadSaint Posted May 14, 2012 Share Posted May 14, 2012 The whole strategy at Plymouth - and ultimately what saved the club - was frantic levels of cost-cutting to reduce the debt to HMRC to below 25%. Wouldn't you have to increase the other debts in order to decrease the percentage of the HMRC debt ? Unless you cost cut and paid off some of it. 0 Quote Link to comment Share on other sites More sharing options...
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