Big Rangers Administration/Liquidation Thread - All chat here!

[PeeTeeJag]

It really is astonishing how so many people at Ibrox past and present can't help but stick their oar in and come out of it looking like tits.

I can't think of a single person that has actually said something relating to this farce that has come out of it with any dignity. They all use a tactic employed by politicians. If I talk long enough and say lots of words then people's brains switch off and they forget the point entirely.

Ask any of them "Did you get an EBT, yes or no?" A straight forward question, which on the face of it can be answered with a one word answer. But, even dullards like Sally and Dodds pontificate (hehe) at length, and in the end we can't remember if they did or they didn't!!!

[cyderspaceman]

This also my favourite bit. What is he saying here, seriously?

Is he trying to suggest that all these players have been reneging on payments and getting letters in red ink through the post for years, wondering why they've fallen behind in their loan repayments? Are these guys needing to give Ocean Finance a ring?

It's more of what we keep seeing in this whole saga. If you're vain and arrogant enough and sufficiently used to being fawned over, you really do seem to think you have the right to say black is white and people will accept it.

I also enjoyed the stuff about SPL chairmen not being motivated by sporting integirity OR the concerns of their own clubs' fans. What does that leave?

Years of talking to a succulent press has left him feeling he need justify nothing he says.

God, I hate him.

Wonga Wainjahs

[Ned Nederlander]

Murray bullshit in full:

http://sport.stv.tv/...tement-in-full/

Murray:

"Nevertheless, I cannot be anything other than angered at the suggestion that Rangers should be stripped of titles or other competition victories.

This suggestion is an insult to the staff and players who achieved these successes thanks to skill, hard work and commitment and for no other reason.

It is also an insult to the thousands of Rangers supporters who spent their hard-earned money to support the Club they love."

I was at the 2009 Scottish Cup, I spent my hard-earned money to support the club I love, Falkirk's players got to the final thanks to skill, hard work and commitment - if Rangers are found to have been 'at it' then who has been insulted the most ?

[PeeTeeJag]

Found this from the DR in february. Ok, it's written by Jim Traytor, so you may not want to take it too seriously............

"The bill could be as high as £50million, although not anything like the £75million Craig Whyte suggested could be the final reckoning."

"It’s believed this particular EBT scheme involves something like £48million in payments, basically made in the form of loans.

Rangers’ scheme workedlike this:

Players agreed the club would make contributions to an independent offshore discretionary trust and the beneficiaries would be the players themselves and/or members of their families.

Rangers were able to make recommendations to the trustees as to how the funds may be applied. But the trustees were independent, meaning they didn’t have to follow those suggestions.

The players could then request that the trustees of their own funds consider investing by making a loan to the players, but on a commercial basis. So, the trustees would lend money to the players at commercial rates.

These loans were repayable after 10-15 years, unless the trustees agreed to extend them. But ultimately the loans would have to be repaid on the death of the player and the trustees would then distribute the trust funds to other beneficiaries.

Crucially, as the club were not making payments, as earnings, this money wasn’t subject to tax."

So basically the club is saying that because they never gave the players the money directly then it wasn't earnings. Sort of like if I do a job for someone and they pay me, it's taxable earnings, BUT if that person hands the money to the next door neighbour, and THEY give me the money, then it's not earnings because I didn't do the job for them.

It's all so clear now.

[Monkey Tennis]

Murray:

I was at the 2009 Scottish Cup, I spent my hard-earned money to support the club I love, Falkirk's players got to the final thanks to skill, hard work and commitment - if Rangers are found to have been 'at it' then who has been insulted the most ?

Exactly, and of course, that can be taken much further.

How many fans in grounds and even on TV have over a decade invested in a competition in which there was systematic cheating?

How many players participated in competitions which were invalid and now need to be declared void?

Again, it's that doublethink which sees the criminals as the victims.

These people are so used to their might making them right, that they cannot get their heads round an alternative version - the truth.

[WeeHectorPar]

In amongst a barrowload of tweets from Fat Sally I really loved this one and am sure the players will love it as well.

Rangers FC Official ‏@RFC_Official AMcC on Edu/Boca/Goian - I've thanked them for coming back, but I've asked if they are going to go, they act quickly so we know where we are

Why didn't he just say "Thanks for coming back, but we don't want you, just the transfer money. Now fcuk off!"

[cimex]

And yet they bleat "we have been punished enough"...............................Once the Ibrox branch of Tesco's has been opened, all the players, managers, officials and directors of this rancid institution have been brought to justice and the money owed to the clubs, businesses and individuals has been repayed, and the record books rewritten to show the tainted titles have been removed, then they will have been punished.

[PeeTeeJag]

Police probe Twitter abuse aimed at Aberdeen goalkeeper Jamie Langfield

Wonder what the odds are on it being a 3rd division team's supporters?

Bloody Peterhead!!!

[WeeHectorPar]

Found this from the DR in february. Ok, it's written by Jim Traytor, so you may not want to take it too seriously............

"The bill could be as high as £50million, although not anything like the £75million Craig Whyte suggested could be the final reckoning."

"It's believed this particular EBT scheme involves something like £48million in payments, basically made in the form of loans.

Rangers' scheme workedlike this:

Players agreed the club would make contributions to an independent offshore discretionary trust and the beneficiaries would be the players themselves and/or members of their families.

Rangers were able to make recommendations to the trustees as to how the funds may be applied. But the trustees were independent, meaning they didn't have to follow those suggestions.

The players could then request that the trustees of their own funds consider investing by making a loan to the players, but on a commercial basis. So, the trustees would lend money to the players at commercial rates.

These loans were repayable after 10-15 years, unless the trustees agreed to extend them. But ultimately the loans would have to be repaid on the death of the player and the trustees would then distribute the trust funds to other beneficiaries.

Crucially, as the club were not making payments, as earnings, this money wasn't subject to tax."

So basically the club is saying that because they never gave the players the money directly then it wasn't earnings. Sort of like if I do a job for someone and they pay me, it's taxable earnings, BUT if that person hands the money to the next door neighbour, and THEY give me the money, then it's not earnings because I didn't do the job for them.

It's all so clear now.

Minty does however state that the loans have to be paid back so we can expect the liquidators to claim back the money from the players involved. A lot of personal bankruptcies on the cards in the next few months.

[wunfellaff]

Minty's issuing a statement later, according to STV reporter on Twitter.

Any ideas as to the contents? I'm going with 'it wisname me, a big boy did it and ran away, that porno guy said it was legit and I will never accept the legitimacy of any court'

Or

'it's a fair cop,guv'

Probably the first.

^^^^^^^^^^^ Mystic Meg........

He's just pissed that Oscar Pistorius was shit yesterday.

Sally still got an offer in, play just behind Pele, Zico and Muller..................

[Itwiznaeme]

Minty does however state that the loans have to be paid back so we can expect the liquidators to claim back the money from the players involved. A lot of personal bankruptcies on the cards in the next few months.

HMRC & their appointed liquidation firm BDO should be called to task now to recover every pound of those EBT's plus compounded interest for the period of time that has passed since then on behalf of all the British taxpayers and 300+ creditors who have been ripped off by Murray and his crew.

Edited August 6, 2012 by Itwiznaeme

[stonedsailor]

Minty does however state that the loans have to be paid back so we can expect the liquidators to claim back the money from the players involved. A lot of personal bankruptcies on the cards in the next few months.

LIES, T_S_A_R said quite categorically that loans do NOT have to be repaid!!!111!1!!1

[PeeTeeJag]

Minty does however state that the loans have to be paid back so we can expect the liquidators to claim back the money from the players involved. A lot of personal bankruptcies on the cards in the next few months.

Ah but that is after 10-15 years or on the death of the player.

So expect ex-rangers players to start having wee, fatal accidents shortly.

[cimex]

So in the last couple of days that's minty, sir watty de cardigan and fat sally all come out to make statements on EBT's - all deny any wrongdoing in what looks like a wagon circling excercise roon the big hoose. Much worried I think - good job Billy Dodds is there to add his tuppence worth

[cyderspaceman]

Leggo

Is there no end to the people Charles Greens

will do business with whose motives arouse suspicion

among sound, sane, sensible and rational Rangers supporters?

Now he really has lost the plot.

The more thieves, criminals, liars, cheats, fraudsters, robbers, conmen, fakes, gangsters, weasels, bandits, crooks, felons, shysters , double dealing, two faced charlatans and out and out c***s who get involved, the better. imo.

[Itwiznaeme]

Ah but that is after 10-15 years or on the death of the player.

So expect ex-rangers players to start having wee, fatal accidents shortly.

I wonder what percentage of each pound recovered is payed to HMRC and BDO employees in bonuses? More than the 3p (3%) in the £1 that was offered in the CVA request!?

[P45]

What's this shit about Sevco wanting to sign Beattie, Kyle and some Brazilian dude.

Beattie fair enough but Kyle is a complete crock and Brazilians normally last 1/2 season tops in the SPL never mind the SFL3.

It looks like a desperate plea for the stay away loyal to buy season tickets.

"Come back! We'll sign players. You don't need to watch Naismith every week"

[Bob Roth]

Rangers FC Official ‏@RFC_Official[iNFORMATION] Unfortunately there will be no in-stadium betting provision at the match against East Fife tomorrow: http://bit.ly/Rb3089

Expand

• Reply
• Retweet
• Favorite

Wonder why?

[PeeTeeJag]

Anyone else notice on the 'ficial Sevco website that they are fond of using currencies other than the pound?

Money from overseas was in dollars (although was actually Canadian dollars), and a player they are looking to sign was once worth x amount in euros.

Surely they aren't hoping that the big numbers will keep the Orcs happy??? If that is the case their heads will explode if they sign an Italian worth 10,000,000 Italian lira.

[mozam76]

I daresay it's been answered already, but what's the script with the timing of this from Murray? Coming so soon after Dodds pleading he knew nuhin?