The Rangers Saga and Fallout Thread
- Thread starter Ace Modder
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If that's the case then there are a couple of titles won by others that should be listed as tainted too
Which ones would they be?
Associate
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Yes, but the EBT's are not loans, as a loan has to be paid back, usually at interest, but atleast has to be paid back. There was never any intention of paying this money back.
You are paying back your loan (I hope), ex rangers players are not.
In of it's self, no, if they choose not to have anything to do with it there is no issue, if they accept the ''loan'' (that they wont pay back) the issue flairs up.
I suppose this is why despite SFA knowing about EBTs every year in the annual accounts and knowing about the loan facility since 2010 it's still taking 3 of the countries top legal minds 4 months to come to a decision yet laymen on these forums know better
I think this is where we all agree that the SFA/SPL are too spineless to come to a decision. If rangers are guilty, they will already know they are guilty (or innocent). At least by delaying it they can play the ''we gave it due care and consideration over several months before coming to this decision'' card, regardless what the decision is.
Appeals with HMRC can take an eternity, Rangers have challenged HMRC on a decision about tax, you would presume the tax man knows what he is talking about when it comes to tax. However, if HMRC have failed to meet it's responsiblities, or have made an error in there process, the person/company can win the case on a technicality (or perhaps have some of the amount owed remitted). Also they don't do one case at a time, they will have hundreds/thousands of cases being worked all at different stages, for all we know it's just been sitting at the final stage all this time and they just simply havent got to it yet.
Soldato
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Blue tinted specs time, eh, McMav?
Craig Whyte has claimed he introduced Charles Green to Duff and Phelps as the administrators searched for a buyer for Rangers.
The former Rangers owner made the claim in a wide-ranging interview with BBC Scotland's Chris McLaughlin.
He also claimed Duff and Phelps knew of the controversial Ticketus deal before the purchase of the club was complete.
Mr Whyte said the SPL knew in October 2011 that Rangers "had no money" and were heading for administration.
From BBC website
The former Rangers owner made the claim in a wide-ranging interview with BBC Scotland's Chris McLaughlin.
He also claimed Duff and Phelps knew of the controversial Ticketus deal before the purchase of the club was complete.
Mr Whyte said the SPL knew in October 2011 that Rangers "had no money" and were heading for administration.
From BBC website
From Craig Whytes interview with the BBC....
"I was driving the train when it crashed, but I didn't set it on its course." The words of venture capitalist Craig Whyte after I asked him who was to blame for the Rangers debacle.
The words of a man keen to speak out and explain his part in Scottish football's longest-running and most ruinous saga.
A man who has become a figure of hate and even of ridicule since his ill-fated takeover of the Ibrox club last year.
Whyte left Ibrox under a cloud with the club in administration
Whyte feels he has become the Rangers bogeyman, an easy target, but has the criticism been justified?
He failed to pay VAT and PAYE and ultimately led the club into administration.
He granted me an interview and promised to be open and honest with no subject off the table.
We met in central London just yards from where he first hatched his controversial plan to take over one of the biggest club's in British football.
He is no fan of the media spotlight and self-conscious about how he comes across on television.
He told me he had nothing to lose. I was sceptical.
He kept his promise and was surprisingly frank, hitting back as I probed on subjects like the season ticket deal with Ticketus, former owner Sir David Murray, PAYE, administrator Duff and Phelps and the role of the Scottish Premier League.
Who knew what and when did it all go wrong?
There was an apology for the fans - a denial of lies and questions about morality.
There were surprising revelations about how present chief executive Charles Green ended up in charge at Ibrox and discussions about just exactly how much he himself made from the deal.
Bought for a pound and sold for a pound? Whyte was pressed, but what did he say?
More to come !
"I was driving the train when it crashed, but I didn't set it on its course." The words of venture capitalist Craig Whyte after I asked him who was to blame for the Rangers debacle.
The words of a man keen to speak out and explain his part in Scottish football's longest-running and most ruinous saga.
A man who has become a figure of hate and even of ridicule since his ill-fated takeover of the Ibrox club last year.
Whyte left Ibrox under a cloud with the club in administration
Whyte feels he has become the Rangers bogeyman, an easy target, but has the criticism been justified?
He failed to pay VAT and PAYE and ultimately led the club into administration.
He granted me an interview and promised to be open and honest with no subject off the table.
We met in central London just yards from where he first hatched his controversial plan to take over one of the biggest club's in British football.
He is no fan of the media spotlight and self-conscious about how he comes across on television.
He told me he had nothing to lose. I was sceptical.
He kept his promise and was surprisingly frank, hitting back as I probed on subjects like the season ticket deal with Ticketus, former owner Sir David Murray, PAYE, administrator Duff and Phelps and the role of the Scottish Premier League.
Who knew what and when did it all go wrong?
There was an apology for the fans - a denial of lies and questions about morality.
There were surprising revelations about how present chief executive Charles Green ended up in charge at Ibrox and discussions about just exactly how much he himself made from the deal.
Bought for a pound and sold for a pound? Whyte was pressed, but what did he say?
More to come !
Craig Whyte makes secret recording in a meeting with David Grier (Senior partner in D&P) which confirms D&P knew of the Ticketus deal all along.
BBC Scotland has obtained the recording legally and had the voice verified as being David Grier
BBC Scotland has obtained the recording legally and had the voice verified as being David Grier
Soldato
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It has been approved though, bye bye Rangers.
I believe the man hold a minority shareholding.
Its a bit like you holding shares in Thistle and used the university tax avoidance scheme that both the big unis in Glasgow used a few years back.
Non story.
Infact
A CRIMINAL investigation has been launched into tax schemes sold by a key Rangers shareholder.
HM Revenue and Customs are probing 17 firms set up by Richard Hughes, co-founder of Zeus Capital, the finance company at the centre of the club takeover.
The firms were set up by Hughes through Zeus Partners, the creators of a £134million film investment scheme now under scrutiny for tax evasion.
Zeus Capital themselves are not under investigation.
Hughes, a key player in the February takeover of the club, has more than two million Rangers shares – a 6.8 per cent stake.
A spokesman for Zeus Partners said: “Zeus Partners provided a number of high-risk investment opportunities backing highly successful entrepreneurs with a proven track record.
“Individual investors had the option of claiming HMRC statutory relief in the event the investments were unsuccessful.
“We are aware there is an HMRC investigation into these and other investments under way. Zeus Partners is co-operating fully.”
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I would guess that depends on the terms of the loan. If pay back period is 99 years? Also I believe the loans were not made by the company they were run by MiH.
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Man of Honour
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It would depend on the situation as McMav says but if the authorities are going to do anything I'd prefer them to apply them properly rather than dropping them entirely. From a not particularly involved point of view there does seem to be an awful lot of flexibility regarding how a judgement is made regarding whether someone is fit and proper - perhaps too much in the way of flexibility.
You just have tio look at Mad Vlad at Hearts to see there's never been a fit and proper persons test.
You just have tio look at Mad Vlad at Hearts to see there's never been a fit and proper persons test.
Looks like it's just a retroactive "test" so that they can go after anyone dodgy running the clubs, except that they've failed to even do that in any meaningful way.
Man of Honour
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You just have tio look at Mad Vlad at Hearts to see there's never been a fit and proper persons test.
I can't disagree with that but I'd still like to see them apply it properly if they're going to have it, otherwise there's no point in it.
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