Glasgow Rangers go in to liquidation

[SlugTrail]

Was it not an amount that rangers.offered to HMRC that worked out at 9p in the pound, and the reason it wasn't accepted was the full amount of avoidance hasn't been calculated. So if it a was higher amount owed it would dilute the 9p to something like 4p.

[Josef Svejk]

Cry your heart out...

 

Sent from my iPhone using Forum Runner

 

Negged.

 

Or accidentally repped.

[Mcfaggen]

I actually think HRMC have cut off their nose to spite their face. The 9p in the ££ looks like the generous offer compared to what they're going to get now.

 

You just compared Catholics to the Nazi's?

 

Weirdo.

 

No, I compared Irish terrorists with the Nazi's, though I wasn't planning to conform to Godwin's Law until somehow the Army was shoehorned into the convo.

[xerxes]

I actually think HRMC have cut off their nose to spite their face. The 9p in the ££ looks like the generous offer compared to what they're going to get now.

 

They have said that they will pursue individuals, and clearly they know what they are worth.

 

This has been a long time coming. We are owed 100p in the £ - that is what Falkirk paid. just maybe, the tide has now turned. it will be in all of our interests if it has.

[lifetime fan]

How the fuck could HMRC accept 9p in the £ in the current climate?

[Strontium]

Cry your heart out...

 

Sent from my iPhone using Forum Runner

 

 

Negged from my PC using Forum Powers.

[xerxes]

From the Scotsman:

 

WHEN it comes to agenda-peddling, the G20 summit in Mexico last week couldn’t hold a candle to Scottish football. Our game appears full of selfless souls attempting to “save” it right now.

 

Scottish Premier League chairman are seeking to save the spirit of fairness by denying top flight entry to a Rangers newco. Meanwhile, a backroom deal between the Scottish Football League, Scottish Football Association and the SPL to parachute the Ibrox new club into the First Division, and so save the Sky television deal and “rescue” our national pastime from financial oblivion, is gathering pace. That was confirmed last night with an SFA statement on behalf of all three bodies that essentially was the dressing up of a carve-up. A carve-up that, if it just so happens to serve the self-interest of most of the 42 senior clubs, will merely be a happy accident, of course.

 

POSITIVES

 

Dundee: Likely to be promoted to top flight to replace Rangers

 

Scottish Football League: More say in running of game and can use leverage to introduce play-offs into SPL

 

Glasgow Cup: Old trophy could be revived as an excuse to stage two Old Firm games Non-Old Firm fans: Used their power to force change

 

Henry McLeish: Author of report to improve Scottish football will see adoption of his recommendations

 

SFA: Stewart Regan takes charge of previously disjointed league set-up

 

NEGATIVES

 

Rangers: the club: Relegated to the second tier, denied European football for three years and also facing possible suspension from Scottish Cup

 

Rangers: the players: Stuck in limbo in the prime of their careers

 

Sky TV: Losing out on four SPL Old Firm games, the crown jewels of their Scottish portfolio

 

SPL: TV money to be reduced along with attendances

 

Celtic: Change to voting structure could see Old Firm lose their power of SPL veto Dunfermline Athletic: Relegated and chances of winning promotion reduced by Rangers’ likely presence in second tier

 

The statement told of a “positive meeting” on Friday night “out of which the two league bodies will engage in a wider consultation with their member clubs on the key principles of reconstruction outlined in the Henry McLeish review of Scottish football”. And so seek to create a “happy ever after” for the country’s football with one league body in the senior game, a promotion/relegation play-off between the SPL and SFL First Division, a single financial distribution model and a pyramid system “with the potential for relegation and promotion to the fourth tier”. All principles that have been simmering away for years but which, wouldn’t you know, are suddenly being blow-torched to the boil as the old Rangers evaporates.

 

Against this backdrop, it is surely no coincidence that SPL sides seem emboldened over saying “no to newco” when they cast their vote on the issue on 4 July, the reconstituted Rangers needing seven of 11 clubs to approve their admission. Or that Hearts owner Vladimir Romanov has spoken of it being right the Ibrox newco starts in a “lower league”, as opposed to saying “the bottom division”, while his Dundee United counterpart Stephen Thompson has stated Rangers require “punishment” rather than stating they should follow the path of start-up clubs. No SPL member, including Celtic, really wants to cast aside the cash cow that is a team playing out of Govan. These clubs have been bounced into taking the debarment by the threat of mass supporter desertion. Now, while gerrymandering is likely to allow these clubs only to lose the revived Rangers for a season, and not, in the process, the backing of Sky, they can sell their stand as them having stood up for sporting integrity. Publicly, the SFL will be required to do their dirty work in co-opting a new member, a new club – as Charles Green’s Sevco consortium-cum-company that currently can’t even register a football name or football players should eventually become – and placing them in the highest, instead of lowest, tier in their set-up.

 

However, one SFL source insists his organisation is not being naively used. “Who is using who?” he said this week. On that question he pointed to the concessions the SFL is seeking to extract for “ripping up their rule book”. These would be play-offs between the First Division and SPL in time for next season, and a greater distribution of centralised revenues all the way down the leagues – starting with a generous slice of the revenue retained from Sky through showing Rangers’ games in the First Division. The notion that the SFL are making some Faustian pact on behalf of the Ibrox club is not one the SFL source recognises. “We are not placing commercial considerations before the sport. In terms of the play-offs and redistribution we are actually looking for greater fairness across the entirety of Scottish football,” he stated. “And if Sky pulled out, as we have heard they will if Rangers are in the Third Division, how does that serve anyone’s interests? We are taking account of the greater good.”

 

The First Division compromises over a new Rangers would suit the ends of most clubs. We seem to be moving away from the principle at stake being that Green’s Rangers should be treated as would any smaller top-flight club that reformed post-liquidation, such lessers guaranteed to be sent to the Third Division to start again. If SPL members skirt around that then they can put the newco Rangers in the dock over the oldco’s malfeasance. Both in terms of the non-disclosure of payments to players charge that could see trophies won by Rangers between 2001 and 2011 rescinded and the SFA’s 12-month signing embargo. That was successfully appealed to the civil courts but could yet bring them a suspension from the game, or expulsion from next season’s Scottish Cup, now it has been bounced back to the SFA’s judicial panel. SPL clubs want retribution over the reputational damage Rangers have inflicted on the Scottish game in UEFA and FIFA circles by not respecting football law. More significantly, with no Ibrox team the other 11 SPL sides would be able to vote down Celtic and so change the 11-1 voting structure on the split of centralised revenues. They could also pursue they creation of their own television channel as a platform for screening SPL football, a growing hobby horse of Hearts and Hibernian, among others.

 

In terms of most SFL clubs, especially those in the First Division, the new Rangers starting at the second tier is a win-win. As such, the deal is therefore being presented as a fait accompli. Yet, the SFL are understood to require that the Rangers-inspired changes be approved at an emergency general meeting by 75 per cent of their members, which would equate to 23 of their 30 clubs. That may not be as straightforward as has been imagined. Essentially, the battleground over an Ibrox newco could be about to move on to the SFL, with supporters of Partick Thistle already having voiced a boycott threat if the latest Rangers rescue plan is activated. Ultimately, however, such views may not gain the same traction as they did among the followers of top-flight clubs. That there could be a general willingness to “judge the plan in the round” is suggested by the fact Livingston’s chief executive Ged Nixon expresses such an opinion. For, if any club is entitled to feel a sense of outrage at the SFL pulling out the stops to see a club assembled from its post-liquidation assets “relegated” only one division, it is the West Lothian side.

 

Three years ago this summer, they exited administration through a CVA [Company Voluntary Arrangement] which required HMRC’s approval. They jumped through hoops to do so because they were then told by the SFL that would allow them to remain in the First Division. Instead, the SFL sent them down to the bottom tier, stating, Nixon recalls, “our heinous crimes were so severe”. The Livingston chief says his club will not “prejudge” what could happen with the new Rangers but will keep a watching brief on whether they are treated differently by the SFL, and whether the SFA fall into line with that treatment, as they did in refusing the West Lothian club’s appeal over their two division demotion. However, Nixon, whose club have worked their way back up to the First Division at great cost, also maintains Livingston will consider the Rangers plan in terms of “what is best for Scottish football”.

 

“Our board are sincere in that view,” he says. “I thought Charles Green’s statement about judging the situation on the basis on what is financially the right thing to do rather than any sporting considerations or passions contained hollow words. At the same time, though, I don’t know how Scottish football would benefit if Rangers were put in the Third Division and there was a risk of losing the club’s massive support. We will need to see what is being offered to SFL clubs in return for changing the rulebook, but we must be careful not to sell our souls for an extra £50,000, or whatever.

 

“If the transfer embargo remains in place and there is the mass exodus of players from Ibrox, and they face a possible points penalty there would be no guarantee Rangers would win the First Division. What then?” If Green’s Rangers finished third and did not win a play-off, we could probably expect the SPL to be enlarged to 14 teams. If they were fifth and didn’t even make a play-off, the way this saga is being played out then all of a sudden a 16-team top flight would be championed as “the way ahead” for the Scottish game.

 

Not sent from my I phone not using Forum Runner

[Gray Riley]

The acceptance of 9p in the £ was a non starter. Although EBTs are strictly legal if implemented in the way in which the promoters originally laid out the scheme documents, they do not adhere to the spirit of the law. Schemes such as this are always going to draw close scrutiny from HMRC under the ambition of creating a level playing field. I say ambition because as soon as this scheme is unwound there's a multi million pound industry at work trying to come up with the next scheme.

 

EBTs have been around for a while now in various manifestations but the Rangers case has suddenly rocketed it into the public eye. The firm stance by HMRC is two fold - there's not only a monetary cost to the exchequer but also a keen awareness of the further implications for the wider corporate world. To allow undue leeway in this case would pave the way for challenge in other, sometimes bigger EBT cases.

 

The pursuit of individuals for the remaining debts will be as tough as the pursuit against the company.

 

As for the SPL allowing EBTs etc I'm not sure if they actually have any say in the matter. They will be part of league forums where issues like this are discussed but as far as I'm aware there are no impediments to clubs taking up whichever tax avoidance vehicles they wish to.

[gumps]

How the fuck could HMRC accept 9p in the £ in the current climate?

 

Because they are an inept organisation that will hammer the common individual like you and me but cosy up to big business (Vodaphone) and allow technically legal but immoral practices for the wealthy and famous (Jimmy Carr).

[lifetime fan]

Because they are an inept organisation that will hammer the common individual like you and me but cosy up to big business (Vodaphone) and allow technically legal but immoral practices for the wealthy and famous (Jimmy Carr).

 

Sounds about right.

[ahunt1982]

It's gas how people defend Rangers on here... I am on other forums and the vile they spit about us is worse then Everton&Manure combined.

 

Victimpool is the cry... Heysel, Hillsbourgh, thieving Scouse, etc NOTHING IS OUT OF BOUNDS.

 

They tie us up with Celtic due to our anti-establishment outlook, Irish Fans & we don't hate everybody like their buddies at Birmingham & Chelsea.

 

& if somebody can tell me how to take of my signature I will.

 

Sent from my iPhone using Forum Runner

[robslappa]

It's gas how people defend Rangers on here... I am on other forums and the vile they spit about us is worse then Everton&Manure combined.

 

Victimpool is the cry... Heysel, Hillsbourgh, thieving Scouse, etc NOTHING IS OUT OF BOUNDS.

 

They tie us up with Celtic due to our anti-establishment outlook, Irish Fans & we don't hate everybody like their buddies at Birmingham & Chelsea.

 

& if somebody can tell me how to take of my signature I will.

 

Sent from my iPhone using Forum Runner

 

Why don't you just fuck off, you shit stirring prick.

 

Sent from my Bellend Hating Laptop

[Guest San Don]

How the fuck could HMRC accept 9p in the £ in the current climate?

 

Well seeing as HMRC let vodafone off paying a couple of hundred million pounds (and a few other big multinationals), I guess the 9p in the pound was better than zip!?

[Barzini]

Rangers and Celtic are both a shower of cunts, apart from all the cunts who happen to be alright. Hope that clears it up you fucking mob of cunts.

 

Sent from my fucking iPad using cunting forum runner.

[Bjornebye]

Why don't you just fuck off, you shit stirring prick.

 

Sent from my Bellend Hating Laptop

 

he is right though, they are all bad cunts.

[Melchett]

You've all got AIDs.

 

Sent from my cock using the doggy method.

[TheDrowningMan]

Because they are an inept organisation that will hammer the common individual like you and me but cosy up to big business (Vodaphone) and allow technically legal but immoral practices for the wealthy and famous (Jimmy Carr).

 

"Inept" is very, very generous.

[jonnybastard]

It's gas how people defend Rangers on here... I am on other forums and the vile they spit about us is worse then Everton&Manure combined.

 

Victimpool is the cry... Heysel, Hillsbourgh, thieving Scouse, etc NOTHING IS OUT OF BOUNDS.

 

They tie us up with Celtic due to our anti-establishment outlook, Irish Fans & we don't hate everybody like their buddies at Birmingham & Chelsea.

 

& if somebody can tell me how to take of my signature I will.

 

Sent from my iPhone using Forum Runner

 

Any evidence to back this claim? I'd always assumed we were as irrelevant to them as they are to us.

[Bjornebye]

Gay Gordon "Rangers fall more shocking than Leeds"TWENTY years ago, Gordon McQueen watched with barely disguised pleasure as the club he supported as a boy defeated the one with which he made his name as a player.

 

It was the inaugural season of Champions League football and McQueen was a TV analyst as Rangers overcame Leeds United in a high profile clash of the Scottish and English title holders.

 

Both clubs were arguably at the peak of their powers when they clashed in that epic Champions League qualifier in 1992 and no-one could have anticipated the troubles which lay in store.

 

Leeds United’s financial implosion was difficult enough for McQueen to fathom, the Elland Road side sliding from Champions League semi-finalists in 2001 to administration and relegation to the third tier of English football just six years later.

 

But as shocking as that was, McQueen says it simply does not compare to the astonishment he felt when he heard of Rangers’ slide into administration last month.

 

“I look back at those games between the clubs in 1992 and that was the best Rangers team since the 1970s,” reflected McQueen. “I used to go and watch Rangers in the 1960s and although it’s hard to compare one era with another, I’d say that 92-93 team was as good as any Rangers have ever had.

 

“Leeds United had their own financial problems, as many clubs in England have, but you just don’t expect it to happen to Rangers. They are an institution. There are three clubs in England as big as Rangers – Scumchester United, Victimpool and Arsenal. Chelsea are big-ish, but not huge. So for it to happen to a club like Rangers is incredible.”

 

Happily making a positive recovery from cancer of the larynx, with which he was diagnosed last October, McQueen remains an avid observer of developments in Scottish football from his home in England.

 

Back in Glasgow yesterday to launch the 2012 induction process for the Scottish Football Hall of Fame, the 59-year-old says the Rangers crisis has simply deepened the lack of respect for football in his homeland from those south of the border.

 

“They have never taken us seriously down there, not for a long while,” he said. “It’s because the national team haven’t qualified for a major tournament for so long. Our club sides do nothing in Europe either. They are laughing at us now, which isn’t nice.

 

“I used to always point out that we have Rangers and Celtic pulling in huge crowds all the time. Rangers could get 50,000 people to watch them play St Mirren. That’s like one of the big English teams playing Stoke and getting a full house. That’s no offence to St Mirren.

 

“Imagine if Rangers and Celtic were playing Scumchester United, Victimpool and Arsenal every season. You wouldn’t be able to get a ticket for love nor money. There was talk of them coming down to the Premier League for years. I’d have loved it to happen, but it was never going to happen."

 

 

what a fucking grade A cunt this fella is! anyone associated with that fucking club is a cunt of the highest (orange) order.

[jamespp]

It's gas how people defend Rangers on here... I am on other forums and the vile they spit about us is worse then Everton&Manure combined.

 

Victimpool is the cry... Heysel, Hillsbourgh, thieving Scouse, etc NOTHING IS OUT OF BOUNDS.

 

They tie us up with Celtic due to our anti-establishment outlook, Irish Fans & we don't hate everybody like their buddies at Birmingham & Chelsea.

 

& if somebody can tell me how to take of my signature I will.

 

Sent from my iPhone using Forum Runner

 

Link? Just curious as they have had 2 disasters themselves.... or is it just made up?

[Mick Brown Nose]

“Imagine if Rangers and Celtic were playing Scumchester United, Victimpool and Arsenal every season. You wouldn’t be able to get a ticket for love nor money. There was talk of them coming down to the Premier League for years. I’d have loved it to happen, but it was never going to happen."

 

 

what a fucking grade A cunt this fella is! anyone associated with that fucking club is a cunt of the highest (orange) order.

 

The Victimpool part was edited in by the Leeds fan that posted this on footy mad. Original article here: Gordon McQueen: Rangers’ fall more shocking than Leeds - Sport - Scotsman.com

[Bjornebye]

The Victimpool part was edited in by the Leeds fan that posted this on footy mad. Original article here: Gordon McQueen: Rangers’ fall more shocking than Leeds - Sport - Scotsman.com

 

aah right fair enough. he is still a cunt anyway.

[christhered]

he is right though, they are all bad cunts.

 

As bad as these cunts?

 

[emryscb]

i hate the bigoted cunts with equal measure and their wonderful religiously intolerant sectarian fans (ok not all of them but a very significant minority)

 

scottish football would be better off without both of them in the long run.

[russ1979]

Gay Gordon "Rangers fall more shocking than Leeds"TWENTY years ago, Gordon McQueen watched with barely disguised pleasure as the club he supported as a boy defeated the one with which he made his name as a player.

 

It was the inaugural season of Champions League football and McQueen was a TV analyst as Rangers overcame Leeds United in a high profile clash of the Scottish and English title holders.

 

Both clubs were arguably at the peak of their powers when they clashed in that epic Champions League qualifier in 1992 and no-one could have anticipated the troubles which lay in store.

 

Leeds United’s financial implosion was difficult enough for McQueen to fathom, the Elland Road side sliding from Champions League semi-finalists in 2001 to administration and relegation to the third tier of English football just six years later.

 

But as shocking as that was, McQueen says it simply does not compare to the astonishment he felt when he heard of Rangers’ slide into administration last month.

 

“I look back at those games between the clubs in 1992 and that was the best Rangers team since the 1970s,” reflected McQueen. “I used to go and watch Rangers in the 1960s and although it’s hard to compare one era with another, I’d say that 92-93 team was as good as any Rangers have ever had.

 

“Leeds United had their own financial problems, as many clubs in England have, but you just don’t expect it to happen to Rangers. They are an institution. There are three clubs in England as big as Rangers – Scumchester United, Victimpool and Arsenal. Chelsea are big-ish, but not huge. So for it to happen to a club like Rangers is incredible.”

 

Happily making a positive recovery from cancer of the larynx, with which he was diagnosed last October, McQueen remains an avid observer of developments in Scottish football from his home in England.

 

Back in Glasgow yesterday to launch the 2012 induction process for the Scottish Football Hall of Fame, the 59-year-old says the Rangers crisis has simply deepened the lack of respect for football in his homeland from those south of the border.

 

“They have never taken us seriously down there, not for a long while,” he said. “It’s because the national team haven’t qualified for a major tournament for so long. Our club sides do nothing in Europe either. They are laughing at us now, which isn’t nice.

 

“I used to always point out that we have Rangers and Celtic pulling in huge crowds all the time. Rangers could get 50,000 people to watch them play St Mirren. That’s like one of the big English teams playing Stoke and getting a full house. That’s no offence to St Mirren.

 

“Imagine if Rangers and Celtic were playing Scumchester United, Victimpool and Arsenal every season. You wouldn’t be able to get a ticket for love nor money. There was talk of them coming down to the Premier League for years. I’d have loved it to happen, but it was never going to happen."

 

 

what a fucking grade A cunt this fella is! anyone associated with that fucking club is a cunt of the highest (orange) order.

 

Here you are you scumbag got a picture of you at the celtic match