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pozbaird

Big Rangers Administration/Liquidation Thread - All chat here!

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if Green and D & P get found guilty of 'stealing' the assets from Oldco, does that mean all of that deal is struck down and the assets (Ibrox, Murray Park and the badges) are back in the mix of the Oldco liquidation?

That way there is some £60 million of assets in Oldco to set against the £40 odd million owed to HMRC.

Anybody know?

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Guess that settles it in a lot of Scottish football fans minds.

The titles won while Rangers (RIP) were using EBT's were won illegally and are thus null and void.

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It's been settled in most peoples' minds for years, and not just those with an interest in our game. All those kindred spirits someone was posting earlier - Armstrong, Johnson, and the rest - broke the rules and were caught and punished. Why should this lot be any different?

Given that the majority of those other cheats came back after bans, it would appear that, other than official recognition of their titles' status, they have been.

Why would sporting bodies allow cheats back into their competitions?

Quite simple - for the same reason as the Tribute Act was allowed to phoenix. There was money to be made.

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Sorry if this has been brought up before, but will the players and directors who got paid in EBTs now be liable for their unpaid taxes, or is it it just Oldco?

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Sorry if this has been brought up before, but will the players and directors who got paid in EBTs now be liable for their unpaid taxes, or is it it just Oldco?

The Employer would normally be chased for any missed payments since it's their responsibility to pay it in the first place.

Chap on BBC 5Live yesterday stated it would be to costly to chase the employees for very little return.

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The Employer would normally be chased for any missed payments since it's their responsibility to pay it in the first place.

Chap on BBC 5Live yesterday stated it would be to costly to chase the employees for very little return.

Are top earning footballers usually on PAYE though? I'd have thought they'd have turned themselves into tax dodging companies like other rich cnuts.

Edited by welshbairn

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Are top earning footballers usually on PAYE though?

Yep. I was involved in a project with the guy that put the payroll system into Ibrox about 10 years ago and all the players were PAYE.

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Yep. I was involved in a project with the guy that put the payroll system into Ibrox about 10 years ago and all the players were PAYE.

Did you install it properly? You might end up with the blame here ;)

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Did you install it properly? You might end up with the blame here ;)

I wan't involved in that project, just one that was going on at the same time. Phew.

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I doubt many people have less respect for the wit of Rangers fans and even I expected better than this.

The pretend smug thing is fooling literally nobody.

Edited by Alan Stubbs

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The Employer would normally be chased for any missed payments since it's their responsibility to pay it in the first place.

Chap on BBC 5Live yesterday stated it would be to costly to chase the employees for very little return.

if it's income tax that's the responsibility of the individual to make sure it's paid,not costly at all to chase individuals,In fact easy targets

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if it's income tax that's the responsibility of the individual to make sure it's paid,not costly at all to chase individuals,In fact easy targets

It's not me saying that it's the tax expert bloke that 5 live wheeled out - he said it would be costly, complicated and the returns would be relatively low.

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if it's income tax that's the responsibility of the individual to make sure it's paid,not costly at all to chase individuals,In fact easy targets

Might be missing something - don't employers collect tax and national insurance from staff on behalf of HMRC to pass on to the Revenue, in largely the same way they collect VAT from sales (which get offset from VAT on purchases)? If you're self employed, sure, it's a system of self-assessment, but in a private/public limited company it's the companies responsibility?

NI also has employee contributions along with employer contributions too...

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Tedi's embarrassing idiocy on this thread is proof of why this verdict matters a great deal, even if it makes little material difference.

The original verdict mattered so much to chaps like dear old Ted.

It meant that Rangers fans could pretend the whole liquidation was the doing of the rogue that was Whyte.

It meant they could claim the debt was down to a manageable £18m and pretend that admin and what followed was not inevitable.

It meant they could front up witlessly when people suggested that Rangers were tax dodgers.

It meant they could boast of titles, without having to acknowledge that we all smirked.

This verdict has removed all that. What Rangers was about has been fully exposed. Quite simply, the club is and was a disgrace.

If Ted and co wish to react in such a silly way, we should probably let them.

They literally have nothing else to cling to.

Edited by Monkey Tennis

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Tedi has absolutely lost it :lol:

Lashing out all over the place :lol:

Are these invisible lashing out posts that only clever lads from Motherwell can see?

Speaking of apologies...

I can't remember what I said now but chances are i was wrong anyway so sorry mate. Edited by bennett

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