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Big Rangers Administration/Liquidation Thread - All chat here!


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Ive said it before, Why doesnt he put his £30m in a trust then and prove its ready to be used?

I met him the other day, (just by pure coincidence, we were both in the same queue for the confessional at St. Aloysius) and asked him that very question.

He said.........................................

"Look!.......a squirrel!

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And I was pointing out that the corp tax they pay is almost a drop in the ocean compared to the tax raised via VAT, ERS NIC, & property taxes as well as PAYE & EES NIC paid by their employees.

The idea that they would up sticks and leave if corporation tax was foolproof is beyond stupidity

So why do you think it is then? It's easy to call something stupid without providing any alternative explanation. Companies move for tax breaks all the time. For example Aon plc relocated to the U.K. in 2012 because the tax burden in the US was deemed too high, to assume the opposite doesn't happen is naive in the extreme. You would have to be a complete moron to think a company will not attempt to maximise it's profits.

ETA. Again this has nothing to do with rangers or indeed sevco.

Edited by aofjays
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So why do you think it is then? It's easy to call something stupid without providing any alternative explanation. Companies move for tax breaks all the time. For example Aon plc relocated to the U.K. in 2012 because the tax burden in the US was deemed too high, to assume the opposite doesn't happen is naive in the extreme. You would have to be a complete moron to think a company will not attempt to maximise it's profits.

ETA. Again this has nothing to do with rangers or indeed sevco.

I know and we're going to piss folks off...my last word on it and I'll assume your reply will be your final statement too.

Maximising profits or minimising tax liability is something a multi national will do but so too will McGhee the self-employed heating engineer, it's how the system is set up and the fact of the matter is that people and businesses will avoid as much tax as possible because they can, simple as that.

Aon moved its HQ to the UK, it didn't pull out of the USA and everyone lose their jobs.

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He's cleverly positioned himself as a kingmaker for hire, so his managerial and budgetary abilities are irrelevant to his continued employment.

Death of oldco has been the best thing that ever happened to McCoist.

Of that there is no doubt...with the money he's spent they could have hung a painting of Ron Manager in the corridor and won Div 2 & 3. If it hadn't been for Admin and the mercy killing of V1.0 he'd surely have been up for the high jump for losing an apparently unassailable lead in 2011/12

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McCoist defending the number and scale of his summer signings in the wake of chairman Somers comments:

http://www.bbc.co.uk/sport/0/football/26791393

I struggle to see how he can say the influx was necessary, and the wage bill dropping isn't really a justification if it's still too high.

Steve Simonson has appeared in 1 game all season (v Forfar in SPFL1). Stevie Smith has appeared in 7 games (all in SPFL1).

Neither have really contributed to league or cup achievement at all. Others like Foster have a dozen-odd starts, but again, has that swung anything?

You can't even use the defence that they're prospects for the future. Simonsen is about to turn 35, Smith and Foster are turning 29 in the summer. Both the number of signings and their cost in wages are ripe for criticism as some/all of 'unnecessary', 'wasteful', 'excessive', 'extravagent', etc.

EDIT: And for all that they've reached the Scottish Cup SFs, they also went out of the League Cup in R1. Reaching the Ramsdens final was expected.

Both McCoist and Sommers are wrong.

Around half the players we brought in would have been more than ample and Somers comments give the impression that Jack Irvine is still lurking around.

Somers need to remember the millions which have been squandered at boardroom level.

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Seriously, why hasn't he been fired?

How about winning the league without losing a game, being in the final of one cup and the semi of another, for starters? It's certainly job done.

And he really doesn't set the playing budget.

Edited by Bearwithme
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Somers need to remember the millions which have been squandered at boardroom level.

Good point Ben and why isn't this emphasised? We spent more on non-playing wages than we did on playing wages. This is a new world record.

Fuckin' beelin'.

Edited to add that The Plastics and Diddies rage more about Rangers than I do ;)

Edited by The_Kincardine
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He's cleverly positioned himself as a kingmaker for hire, so his managerial and budgetary abilities are irrelevant to his continued employment.

Death of oldco has been the best thing that ever happened to McCoist.

I'd agree with all of that except the "cleverly" part. I think McCoist is a quick witted, reasonably articulate bloke, with a natural charm. I don't think he's that calculating though.

I think a gullibility, coupled with a fairly primitive instinct for self preservation has seen him endorsing this succession of chancers.

It's certainly served him well though.

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Good point Ben and why isn't this emphasised? We spent more on non-playing wages than we did on playing wages. This is a new world record.

Fuckin' beelin'.

Genuine question: How does that now break down in terms of published figures?

I do think far too much has been spent on players for the level they're needed at, but in terms of a proportion of turnover, I get that the playing staff wage bill comes in at an entirely reasonable, nay enviable level.

Now that the one-offs are surely receding, where the Hell is the rest officially going?

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Genuine question: How does that now break down in terms of published figures?

Monks, genuine answer: I haven't a fucking scooby nor does any c**t. We have spunked more money than is reasonable.

So will you buy yer season ticket for The Broomloan or will you just pay per game this coming season?

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So will you buy yer season ticket for The Broomloan or will you just pay per game this coming season?

:lol: Not entirely convinced everyone would welcome me.

In an alarming idle moment I did however find myself wandering round the house whistling 'Follow Follow...' the other day.

Cracking wee tune.

Obsessed you see.

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:lol: Not entirely convinced everyone would welcome me.

In an alarming idle moment I did however find myself wandering round the house whistling 'Follow Follow...' the other day.

Cracking wee tune.

Obsessed you see.

:angry:

Come tae f**k, Mhonkey!!

;)

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