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Big Rangers Administration/Liquidation Thread - All chat here!


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What is all this utter pish from McCoist about Sevco fans "deserving" big name signings?? Literally everything McCoist says is nonsense these days.

Their fans are the personification of a spoiled brat who doesn't appreciate anything. One day they had their toy confiscated and so Daddy has gone out and bought him 10 new toys to keep the poor little lamb happy.

I'll tell you who deserves some big name signings: every other club in Scotland who's fans have been shafted by Rangers.

Honestly all this "our fans have been magnificent" garbage is going to run and run. It will be like the Gretna fairytale thing. The press will be wanking all over Sevco's crowds and helping to perpetuate the myth that somehow the orc fans are real heroes for the way they have, erm, attended some football matches.

I'll tell you who's fans I admire: East Stirlingshire, Montrose, Elgin, et al. Fans of clubs who go along and support their team, who don't need big money signings, who don't act like the fat spoiled kid that lived with Harry Potter's adopted parents, who don't play whataboutery over child abuse, who don't tolerate the singing of secterian songs, who don't threaten boycotts, who don't pay any attention to Sandy Jardine, who don't follow a team from a city they aren't from, who don't generally treat the rest of Scottish football with utter disdain.

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I'll tell you who's fans I admire: East Stirlingshire, Montrose, Elgin, et al. Fans of clubs who go along and support their team, who don't need big money signings, who don't act like the fat spoiled kid that lived with Harry Potter's adopted parents, who don't play whataboutery over child abuse, who don't tolerate the singing of secterian songs, who don't threaten boycotts, who don't pay any attention to Sandy Jardine, who don't follow a team from a city they aren't from, who don't generally treat the rest of Scottish football with utter disdain.

Spot on. :thumsup2

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No, I admire Sevco fans. The punishment they've taken, the knocks. The loss of so many players, and the five stars on the shirt, with the titles and cups to follow. To turn out in such numbers to see their new club's first home match is admirable. To hand over cash at the turnstiles to prop the club up for another week is admirable. To swallow hook, line, and sinker, the rhetoric of the latest shyster to replace the last shyster, who replaced the shyster before that is a stunning show of support. To hand over your hard-earned while shoving your head in the world's biggest bucket of sand for the third time in a decade is fcuking astounding. Fair do's and all that.

Edited by pozbaird
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McCoist To Fellate Everyone Who Attended The Rangers v East Fife Game Last Night

A delirious Ally McCoist today vowed to personally blow every last supporter who attended the Rangers versus East Fife League Cup match at Ibrox last night.

The fans were just magnificent, enthused McCoist. From the way they made their way to the stadium, to the way they sat in their seat and watched the match, to the way they exited the stadium I thought they were excellent, and what better way to thank them than getting down on my knees and sucking some cock.

Theyve all been through so much: our squad is down to just 7 internationalists, we conceded a goal at Brechin, and, worst of all, there are no Catholic clubs in the 3rd division for our loyal supporters to remind of their genetic inferiority.

But Im sure five minutes of having my gums wrapped round their throbbing manhoods will go some way to redressing the balance.

East Fife fans are currently seeking clarification to see if they can be excluded from McCoists oral marathon, although many have speculated that at least having a cock in his mouth might shut him up for a while.

"This is a wonderful gesture from Ally," commented chief executive Charles Green. "Granted it's going to take him a while to get round all 52,319 fans.... sorry, scratch that? Did I say 52 thousand? I meant 38. Yes, 38. Definitely only 38. Ahem."

Edited by BinoBalls
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McCoist To Fellate Everyone Who Attended The Rangers v East Fife Game Last Night

A delirious Ally McCoist today vowed to personally blow every last supporter who attended the Rangers versus East Fife League Cup match at Ibrox last night.

“The fans were just magnificent,” enthused McCoist. “From the way they made their way to the stadium, to the way they sat in their seat and watched the match, to the way they exited the stadium – I thought they were excellent, and what better way to thank them than getting down on my knees and sucking some cock.”

“They’ve all been through so much: our squad is down to just 7 internationalists, we conceded a goal at Brechin, and, worst of all, there are no Catholic clubs in the 3rd division for our loyal supporters to remind of their genetic inferiority.”

“But I’m sure five minutes of having my gums wrapped round their throbbing manhoods will go some way to redressing the balance.”

East Fife fans are currently seeking clarification to see if they can be excluded from McCoist’s oral marathon, although many have speculated that at least having a cock in his mouth might shut him up for a while.

"This is a wonderful gesture from Ally," commented chief executive Charles Green. "Granted it's going to take him a while to get round all 52,319 fans.... sorry, scratch that? Did I say 52 thousand? I meant 38. Yes, 38. Definitely only 38. Ahem."

Very well written porn, but, I must say, I play from the other end of the field, so there are some images in my head I'll need to remove with a bottle or two of strong drink later. Are you the same guy fae the telly that gave the Deid Rangers the advice on EBTs?

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Can Someone Explain How Rangers FC Fielded Trialists in a Cup Match?

I know it has been mentioned - but I have not seen any convincing answers yet.

http://scotslawthoughts.wordpress.com/2012/08/08/can-someone-explain-how-rangers-fc-fielded-trialists-in-a-cup-match/

I don't know, the same way East Fife did?

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SFL clubs voted at their AGM in May to allow 2 triallists to be fielded in R1 of the Challenge Cup... not sure if also the League Cup, or not... as it's held before the league season commences. Tbh, it's a development I don't particularly agree with, but perfectly above board.

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The only meaningful punishment was the transfer embargo. That was until they slapped a buy now pay later on it, and it became a waste of time.

Now that the precedent has been set, I hope the next time a small team does a Spartans and signs some documentation in the wrong place (or whatever minor thing they did) and then gets kicked oot the cup, they should just say "fine, we accept being kicked out the cup but can you make it the cup final we are kicked out of please"

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CG saying last night that the deadline to buy season tickets (yesterday) has been extended to friday because the ticket office had so much work to do for the east fife game that they couldn't process all the applications of which 5000 are still pending.

So the stadium last night had a quarter of its seats empty and only 25000 fans have bought season tickets? Didn't they have 38000 season ticket holders a couple of years ago???

Ahhhh all is rosy in the garden of Ibrokes

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Chico's love-in with CG and Sally

Above is the podcast and interview from last night's game.

Notable points are...........

Chic still wanking off at Ibrokes.

CG being asked how he can finance players coming in, but only says that the manager wants new players, so he is bringing them in, but doesn't mention how he can afford it. And Chico doesn't ask him to answer the question put to him.

CG talking about a fans share issue shortly as well as stock brokers being at the game who may be potential investors.

CG being asked what his view is on the EBTs.."eh, same as David Murray's"

Chic asking CG if he is positively sure there were only 38000 at the game, and replying, "Eh, no. But there was a fox."

Followed up by Chic being on his knees in front of Sally and begging for a facial. dry.gif

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Chico's love-in with CG and Sally

Above is the podcast and interview from last night's game.

Notable points are...........

Chic still wanking off at Ibrokes.

CG being asked how he can finance players coming in, but only says that the manager wants new players, so he is bringing them in, but doesn't mention how he can afford it. And Chico doesn't ask him to answer the question put to him.

CG talking about a fans share issue shortly as well as stock brokers being at the game who may be potential investors.

CG being asked what his view is on the EBTs.."eh, same as David Murray's"

Chic asking CG if he is positively sure there were only 38000 at the game, and replying, "Eh, no. But there was a fox."

Followed up by Chic being on his knees in front of Sally and begging for a facial. dry.gif

Aye, he wants £6m+ out of one as well!!!!:)

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So whats the excuse for the empty seats last night from Sevco? I thought they didnt do walking away. :huh:

There were no empty seats last night. 38,000 paid to get in, the other 14,000 or whatever were those who refused to leave Ibrox at the end of last season. They really don't do walking away. :lol:

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Rangers Tax Case has come out of retirement:

Digging The Hole Ever Deeper

08/08/2012

49 Votes

This week has seen strident denials from David Murray that Rangers have done anything wrong in paying 83 employees through the Murray Group Management Remuneration Trust (MGMRT). According to Murray: “No rules were breached or circumvented, and I reject and resent any suggestion that anything was done which amounted to cheating.” This blog-post will provide an illustrative example that demonstrates just how absurdly untrue Murray’s claim really is.

First a quick recap of the rules. For the MGMRT, an Employee Benefit Trust (EBT), to be operated legally for tax purposes, money is deposited in the trust by the employer. Thereafter, the employer must have no control or involvement in the disbursement of funds. Employees can then apply to the trust for loans. The loans must be discretionary i.e. contractual obligations or wages (of any kind) cannot be paid tax-free through an EBT. Any payment through an EBT for wages or other contractual obligations would be liable to tax. Paying wages or other obligations through an EBT without deducting PAYE & National Insurance is a breach of UK tax law and is illegal. HMRC has investigated Rangers’ use of the MGMRT EBT and found it to be a sham designed to avoid due PAYE & NIC. The Rangers FC plc (In Administration) appealed this determination and this appeal was heard by the now infamous First Tier Tribunal (Tax). Rangers FC (the oldco) was able to pay higher wages to sign and retain better quality players during the decade in which the scheme operated. In fact, had Rangers paid staff the same take home wage, the club would have had to find an extra £49m to pay tax on these wages legally. This much we have discussed many times.

The next rule in question is that of the Scottish Premier League (SPL). The SPL requires that all payments to registered players are declared in the contractual documents submitted to the league (and to the SFA). The combination of illegally using an EBT scheme to obtain a £49m advantage in paying for players and violating SPL rules on declaring payments to players is premeditated financial doping. The reason for not declaring the EBT payments in player contracts is that doing so would have caused the EBT scheme to fail immediately. Players and their agents are no fools and wisely would not trust the nods and winks of the shifty wide-boy types attracted to football club ownership. They insisted that promised payments were documented. These additional documents- side-letters, second-contracts… call them what you will- blow Rangers’ and Murray’s claims of innocence out of the water.

In a previous post, this blog attempted to help the SPL’s investigation team to establish a prima facie case against Rangers. Obviously, we have no way of knowing if this was helpful in moving this case along, but it might help the media and anyone investigating the case against Rangers if we provide a road-map to just one example of what really happened. Please note that this example has been selected for its clarity rather than the importance of the player. Many of the cases, especially the earlier ones when Rangers tended to be more concerned with obscuring their actions, are quite complex. The SPL’s investigators should ensure that they see the documentation referenced below.

Gavin Rae signed a three and a half-year contract with Rangers on 1 January 2004. This contract- the official one filed with the SFA & SPL- lists an annual wage of £260,000. Curiously, the contract does not mention appearance money or bonuses. On the very same day, 1 January 2004, Rangers provided Gavin Rae with a letter that said that money would be deposited in a sub-trust of the Murray Group Management Remuneration Trust on his behalf. These amounts total £336,000. The letter also said that Rae would receive £1,000 as an appearance fee for every competitive first-team game played. From February 2004 to July 2007, Rae received five payments totalling £336,000. He also received the following amounts through the EBT for appearances: £11,000 (2003/04); £8,000 (2005/06); £20,000 (2006/07). The appearance money matches his first team appearances for Rangers.

This side letter torpedoes the argument that these payments were not contractual. (A simple guide to contract formation under Scots Law can be found here. Short version: these letters constitute a contract under Scots Law). This letter, and the others like it, demonstrate that Rangers used the EBT scheme to pay wages (appearance money) and contractual obligations related to employment. This is just one fragment of the masses of evidence that demonstrate that Rangers were “at it”.

The task for the SPL’s investigators is simple in this case. Obtain Gavin Rae’s contract as submitted to the SFA & SPL. Next, they should demand to see Gavin Rae’s side letter. After that, the task is to review the actual payments. There will be a match between promises and payments. Repeat for each of the 82 other employees of Rangers FC (now In Administration) who benefited from the trust scheme.

The current PR campaign from Murray, and other senior Rangers’ personnel who were beneficiaries of the EBT scheme, is designed to reverse any sense of inevitability regarding amending the sporting record to reflect the cheating that took place between 2001-2011. All Scottish football fans- Rangers fans included- were cheated during these years. Do not believe the spin and dissembling from those who did most to damage Rangers FC and Scottish football.

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Oh and while we are at it, remember how the media, CG and Sally are all saying what an amazing turnout it was for the first game of the season and how all the rangers fans are showing how loyal they are to the team?........

Last season, first game of the campaign, at home to Hearts...........49083

2010/11 Killie 45739

2009/10 Falkirk 50239

2008/09 Hearts 48191

2007/08 St Mirren 47772

2006/07 Dundee Utd 50394

2005/06 Livingston 49613

And on and on and on...........

Soooooooooo according to official reports from Ibrokes the fans are soooooooo loyal to SevCo and are all behind the team that only 38000 managed to make it along to Govan and pay less than they normally have to show how much the team means to them. dry.gif

It's the lowest attendance for a first game of the season at Ibrokes for years and years. And it's only going to get smaller.

Ofcourse I could be wrong, and it could have been an almost full house. ph34r.gif

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All joking aside - I can understand the Sevco supporters desire to turn out and give the world a right big GIRFUY. I can understand them lapping up all these quality signings, and watching their new club sweep all opponents aside. As an observer of this saga though, doesn't it strike any Sevco supporters that it looks like a mirror image of the Murray years? Bigger name signings than really should have been made? Rangers, like Sevco, being bullish and triumphalist.....but not giving a fcuk where the money is coming from?

Sevco fans should be querying this, and screaming from the rooftops for proof that it is all legit, affordable, and sustainable... but they won't. They just want to be bullish, triumphalist, and to get it right fcuking up everyone else who is 'against them' - without giving a fcuk about the finances.

Portsmouth. That is all.

Edited by pozbaird
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