Generic Sevco / Rangers meltdown thread

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28-05-2018, 11:23 AM
hibbyfraelibby

Quote:

Originally Posted by A Hi-Bee

Do we have to wait another hundred years!
Awe Naw

...might only be 100 days the way things are going.
28-05-2018, 11:32 AM
CropleyWasGod

Quote:

Originally Posted by Fuzzywuzzy

I reckon this is why bazza Ferguson declared himself bankrupt

Ferguson bankrupt with debts of £1.4m over unpaid tax bills
Ferguson was declared insolvent with debts of more than £1.4million and is one of a number of ex-Rangers players targeted by HMRC for repayment of controversial EBT earnings.

That was probably due more to his involvement in the Eclipse film schemes than the EBT stuff. At that point (last summer?), the EBT decision was yet to be made.
28-05-2018, 12:37 PM
lapsedhibee

Quote:

Originally Posted by KerPlunk

Apparently Derek Johnstone has been appointed as a Sevco fatbassador.:rolleyes:

:top marksfor the neologism.
28-05-2018, 12:45 PM
The Leith Dutch

Quote:

Originally Posted by lapsedhibee

:top marksfor the neologism.

I'd love to see Sevco fans write down what they think "neologism" means :)

*edit correcting my dumbass spelling mistake
28-05-2018, 01:38 PM
southern hibby

Quote:

Originally Posted by The Leith Dutch

I'd love to see Sevco fans right down what they think "neologism" means :)

I had to look it up in case any body asked me.

But in my defence I usually do look up new words that I come across.

GGTTH
28-05-2018, 02:17 PM
Ozyhibby

Quote:

Originally Posted by CropleyWasGod

Ohhhh it's not cut and dried.... nothing in this saga ever is :greengrin

What I'm getting at is that RFC should have deducted tax and NI from the payments to the players. The fact that they didn't is their fault, and they have been assessed on that.

There is a basic principle.... or, at least, there used to be... that HMRC couldn't go after the employer and the employee for the same tax. It was always the employer that was held responsible. Even in cases (like this) where the tax wasn't actually paid because the employer had gone bust.

That all said, there is a new aggressive attitude from HMRC, which is targetting recipients of tax-avoidance schemes as well as the employers. I am sure that there will be many test-cases being lined up, both by HMRC and recipients' advisers, to test the legality of the HMRC action.

Get out in the sun....

Players should be fine anyway, they have a letter of comfort from the club.
Same club, right?
https://uploads.tapatalk-cdn.com/201...dcce295337.jpg
No mention of company there and these are football debts if it’s the players who have to pay. Sevco agreed to pay all football debts.

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28-05-2018, 02:34 PM
CropleyWasGod

Quote:

Originally Posted by Ozyhibby

Players should be fine anyway, they have a letter of comfort from the club.
Same club, right?
https://uploads.tapatalk-cdn.com/201...dcce295337.jpg
No mention of company there and these are football debts if it’s the players who have to pay. Sevco agreed to pay all football debts.

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Except on the letter-heading :greengrin

I take your point about the football debts.... although the Oldco liquidator won't. Cue a game of pass-the-parcel.

Thinking it through, if the assessments fail because of the indemnity letters, HMRC can't then go after Oldco... because they've already won that case, and can't win it "again".
28-05-2018, 04:12 PM
The Leith Dutch

Quote:

Originally Posted by Blurry Face

Right down where?

The ultimate ****ing irony of ripping them for piss poor vocabulary while ****ing up basic spelling :)
28-05-2018, 06:11 PM
hibee_nation

Quote:

Originally Posted by The Leith Dutch

The ultimate ****ing irony of ripping them for piss poor vocabulary while ****ing up basic spelling :)

Not to worry I'm sure you'll get it write next time :greengrin
28-05-2018, 07:02 PM
The Falcon

Quote:

Originally Posted by CropleyWasGod

Ohhhh it's not cut and dried.... nothing in this saga ever is :greengrin

What I'm getting at is that RFC should have deducted tax and NI from the payments to the players. The fact that they didn't is their fault, and they have been assessed on that.

So is this Sevco or The Liquidator's remit? And is the old club still dead? Will this be given the same treatment as the allegations of sexual abuse were given, the same as everything else they dont like.
28-05-2018, 07:11 PM
CropleyWasGod

Quote:

Originally Posted by The Falcon

So is this Sevco or The Liquidator's remit? And is the old club still dead? Will this be given the same treatment as the allegations of sexual abuse were given, the same as everything else they dont like.

1. It's the liquidator.

2. Oldco is still alive, albeit on life support.

3. It bheggars belief that you would ask such a thing.
29-05-2018, 03:26 PM
Ozyhibby

https://rangers.co.uk/news/headlines...investigation/

Don’t think we are far away from open warfare. [emoji3]

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29-05-2018, 03:36 PM
Oscar T Grouch

Can Dave King be found to be not ‘fit and proper’ now? He passed the original test but can that be revisited? Shirley if he’s in contempt of court he’s not a fit and proper person.
29-05-2018, 03:45 PM
Smartie

Quote:

Originally Posted by Ozyhibby

https://rangers.co.uk/news/headlines...investigation/

Don’t think we are far away from open warfare. [emoji3]

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What is this all about?
29-05-2018, 03:45 PM
Ozyhibby

Quote:

Originally Posted by vince1973

Can Dave King be found to be not ‘fit and proper’ now? He passed the original test but can that be revisited? Shirley if he’s in contempt of court he’s not a fit and proper person.

This is all about the current notice of complaint. There is a good chance they will be banned from Europe and they are trying to get the Hun hoards onside now.

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29-05-2018, 03:46 PM
Ozyhibby

Quote:

Originally Posted by Smartie

What is this all about?

Spfl chairman also serves on a board of a company that dermot Desmond has shares in.

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29-05-2018, 03:50 PM
PatHead

Quote:

Originally Posted by Ozyhibby

https://rangers.co.uk/news/headlines...investigation/

Don’t think we are far away from open warfare. [emoji3]

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Does this count as a statement for this season or next season's league table?:greengrin
29-05-2018, 03:52 PM
JeMeSouviens

Quote:

Originally Posted by PatHead

Does this count as a statement for this season or next season's league table?:greengrin

I think it's a Champions' League Qualifier. :wink:
29-05-2018, 03:53 PM
CropleyWasGod

"Scottish football is an important national asset and must have levels of probity and governance that are beyond reproach and that are transparently so."

... said Dave.
29-05-2018, 03:54 PM
CropleyWasGod

Quote:

Originally Posted by JeMeSouviens

I think it's a Champions' League Qualifier. :wink:

Have they got their licence? :greengrin
29-05-2018, 03:54 PM
Oscar T Grouch

Quote:

Originally Posted by Ozyhibby

This is all about the current notice of complaint. There is a good chance they will be banned from Europe and they are trying to get the Hun hoards onside now.

Sent from my iPhone using Tapatalk

Thanks 👍🏻
29-05-2018, 03:55 PM
Ozyhibby

https://stv.tv/sport/football/141649...spfl-chairman/

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29-05-2018, 04:08 PM
Velma Dinkley

The aren't actually The Rangers' statements. They're Dave King's rough notes for his upcoming stand up show at The Fringe.
29-05-2018, 04:57 PM
Ozyhibby

https://uploads.tapatalk-cdn.com/201...9bc829e205.jpg

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29-05-2018, 05:05 PM
JimBHibees

Quote:

Originally Posted by Ozyhibby

https://uploads.tapatalk-cdn.com/201...9bc829e205.jpg

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Alright so Rangers and King knew about it all along. Thats cool.
29-05-2018, 05:16 PM
Mr White

I wonder if there's any regret about awarding King his FPP status amongst those who made the decision.
29-05-2018, 05:17 PM
Billy Whizz

Quote:

Originally Posted by Ozyhibby

https://uploads.tapatalk-cdn.com/201...9bc829e205.jpg

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Where are you picking this note up from Ozy?
29-05-2018, 05:19 PM
ancient hibee

Quote:

Originally Posted by CropleyWasGod

"Scottish football is an important national asset and must have levels of probity and governance that are beyond reproach and that are transparently so."

... said Dave.

Bit early in the day for jokes.Deflection politics at its best.
29-05-2018, 05:51 PM
Ozyhibby

Quote:

Originally Posted by Billy Whizz

Where are you picking this note up from Ozy?

Spfl statement

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29-05-2018, 05:59 PM
Ozyhibby

Quote:

Originally Posted by Billy Whizz

Where are you picking this note up from Ozy?

https://www.scotsman.com/sport/footb...mpression=true

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