You really think Glasgae Cooncil will deny them a safety certificate?
I'd imagine they'll just cross their fingers and hope for the best.
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What he says about unpaid VAT for this year can't be right. As I understand it, system now in place is for HMRC to advise SFA or SPFL of ANY late payment by ANY club. That should then automatically trigger footballing sanctions...assuming SFA/SPFL would actually sanction The Rangers of course.
http://spfl.co.uk/docs/067_324__ther...1461332495.pdf
SPFL rule E 20 mentions any Tax amount due to HMRC. I think it should include late VAT.
The Rangers probably claim it refers to Death Duties . :greengrin
He's got years of form for fabricating stories and/or embellishing the truth, which is what he's doing here.
Yes, the the rangers are up **** creek financially again, but VAT is not the issue - it's a complete lack of working capital exacerbated by crumbling ibrox and their hilarious summer signings, having no access to credit, King's mystery millions, etc., etc.,
Phil whatever-his-name-is is a well-known (especially in 'Republican' circles) fantasist who would have us believe he's got a mole in the rangers boardroom (aye) but there's nothing he's written which is in any way exclusive - the vast majority of it is in the public domain or available from journalists through in Glasgow who know what's going on.
JohnJamessite is significantly more accurate, immeasurably better-written, and also shorn of the enormous ego that bursts from every piece on Phil McJohn Doe's site.
I only very rarely hear of anything that could count as being ITK, but I had a meeting this week with a chap who did have something of an inside steer. One of this lads business partners has been in contact with King about buying out the club, and does have a fair bit of cash behind him. The situation is that King is genuinely brassic as far as Rangers are concerned, lots of bills are not being paid and he is desperate for a way out as soon as possible. I have absolutely no reason to doubt this chaps bona fides as he doesn't have a horse in the race, so to speak.
Maybe doesn't add much to the thread other than a general feeling of warmth and imminence about an impending 2nd meltdown through Mordor way.
Have to disagree on JJ's site. He has little clue on how businesses operate, on tax, accounts and other related stuff that he frequently posts on. His way of dealing with genuine enquiries is a bit Traynor-esque. I don't doubt that he has good information, but he should stick to that and not stray into areas where he hasn't a clue.... that risks him being shot down (which I do frequently :greengrin) and anything good that he does have gets lost in the flames.
" Journalists through in Glasgow who know what's going on" - possibly so but they choose not to inform us either through restrictive editorial policy or veiled threats. OK Phil has an agenda but at least he gets the info out to the public.
Ref his writing style, it's different but I can't see why it appears to annoy people. It's short and and gets to the point.
I tend to agree with CWG regarding Johnjames who does wander into areas beyond his expertise. Latterly he seems to be up his own a--e (Johnjames not CWG ! ) with his never ending self promotion relating to the football blogging awards.
Sorry, you're right. A club has to "shop itself" if in arrears to HMRC. My misunderstanding of what I was told by a Director of a Championship club. I asked him today if he knew anything about the rumours circulating about The Rangers and he said the story about arrears on VAT can't be true for this reason. He also said that this rule is very strictly enforced.
Agree that his grasp of general business is weak, but he doesn't make stuff up willy-nilly.
Phil Doe's writing is absolutely appalling. I think I counted seven posts in a row in which used the phrase: 'for the avoidance of doubt' and he's still using that nugget day after day. His posts are also littered with basic grammatical, syntactic and factual errors. Very hard to take seriously so I read it with a very large pinch of salt betwixt thumb and forefinger.
Such a limited vocabulary, fantasy sources, and rampant plagiarism. He clearly revels - as we all do - in the upcoming demise of TRIFC but for him to self-describe as a journalist is fancilful at best - the paypal button on his site is as much evidence you need of that.
JJ is not perfect by any means, but he's a lot better, and better informed, than Phil Doe.
Do you think that, in both cases ( and others....the Clumpany springs to mind) there's an element of "I got something right in the past....so I'm now seen as ITK. I am under pressure to come up with more stuff...."....hence some of the more fanciful blogs?
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Indeed. We've discussed this. Hence the beauty of t'internet. Completely taking over the narrative of football opinion in Scotland. The only people that read crap like the Daily Record, and believe it are people who don't have the mental acuity to challenge the drivel they publish, or those looking for Daily Mail/Daily Express-style comfirmation bias.
Changing direction slightly I see that the John James site suggests that Hector is going to be speaking to those that gained financially from the tax avoidance scheme that the JJ site says has been declared illegal by "The Inner House" apparently.
If thats the case who would liable for the unpaid taxes? The football club, the individual, their financial advisers or the holding company?
But the big question is..............are they still the same club? :greengrin
At the moment, the unpaid taxes are due by the company still in liquidation. There's hee haw chance of getting that, of course, it's about setting the precedent.
However, Hector might be looking at the recipients to see if they have gained from the arrangements....after taking account of the fact that Oldco is liable for most of their tax liability. They may have, they may not. We don't know that.
On your last question......What's the Hibs.net equivalent of taking the 5th Amendment?
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Don't think that's the issue, though.
The players were "paid" without deduction of PAYE and NI. HMRC claimed that the payments should have been taxed as wages. In cases like that, they assume the payments to be net, gross them up for PAYE and NIC, and hit the employer for everything. The employee is usually left alone.
However, HMRC are now looking at the employees to see if, even taking account of the PAYE and NIC that Oldco have been hit for, they have underpaid for the years in question.
They will also be looking to see if there was any collusion between the employer and employee to avoid tax.
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Unfortunately, it's not a myth, as it often seems to have an importance that it shouldn't.
It was a running joke among my friends (almost exclusively of the RC persuasion) in Glasgow and Lanarkshire about the religious preferences of those in charge in both Glasgow and North Lanarkshire Councils.
The sad fact is that there are many groups, whether based on religious or social background (e.g. Eton and Oxbridge ), that promote almost exclusively from their own 'kind'.
Anyway, I suppose this a subject for the Holy Ground...
https://johnjamessite.com/
JJ saying Duff and Phelps have been awarded £ 500,000 damages against Police Scotland and the Procurator Fiscal for the way they gathered evidence in the collapsed trial of the two Rangers administrators.
Any ideas why the case would be heard in England?
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Just heard on Radio Scotland that Joey Barton has changed his twitter profile and it now has no mention of Sevco on it, I checked and it's is now just a picture of him with a background wallpaper advertising an autobiography about a French speaking thug that stumbled into a library and read a book on philosophy and left an hour later convinced he was a philosopher.
In other news Johnjames is reporting that Barton is on 21k per week, his agent, Willie McKay was offered a settlement of full pay to the end of November if he was prepared to walk away now. The offer was refused. Probably just the first round of talks on a settlement, Sevco will have to do a deal, just wonder what it's going to take to get him to go quietly. £1million?
The offer from the sevco was full pay until end 2016, not end November, and then cancellation of contract.
Barton's on more than £21k a week, I'm told. Plus, as previously mentioned, his suspension by the club does not occlude the fact that he is a member of the first team squad, fit and available for selection, so he gets, as per his contract, the same bonuses as those hun that take to the field.
Repeating myself ad nauseum, but there's not a chance he'll go anywhere for less than seven figures. I think a million up front would do it, but sevco haven't got the cash to pay him off in one go.
That sevco are even opening dialogue on a pay-off confirms the view that they know that they won't be able to dump him for the betting infraction.
His agent is the odious (quite literally - if you meet him, don't get too close) Willie MacKay so good luck with the silly offers, sevco.
Still plenty of enjoyment to be gleaned from this (fantastic) fiasco...
http://www.thescottishsun.co.uk/scot...-by-court.html
Sun running the story this morning.
Interesting if true.
https://johnjamessite.com/2016/10/20...cottish-water/
A few pulling the plug puns to follow...
^^ No idea how accuarate these figures are but when I ran a business the water rates that I paid were nothing to do with how much water we used, a lot of businesses wouldn't even have a water meter.
It was do with the size of the the footprint of the business. I remember moaning like hell to SW that I was paying a bill for basically collecting extra rain water and they said yup, that's exactly it!
Ibrox and surrounding car park etc is a pretty big area :wink:
That was about 12 years ago mind so things could have changed.
Water charges are based on the rateable value of a property if there's no meter there. Drainage as a whole is also charged this way, it's pretty simplistic but I suppose it's similar to council tax bandings and how domestic water is billed via council tax charges.
I'd doubt that the story is true as Scottish Water don't bill for business water, it could be business stream but I think if there was anything in the story they'd have got that part right and knowing how the credit control function works there I am beyond certain it wouldn't have got to that stage.
Load of pish business stream meter readers would check at least quarterly. If there was a problem it would be flagged up immediately. All businesses have meters fitted nowadays
I used to have a business in a shopping centre. We paid the centre for our water, and Business Stream monthly DD, for pipes etc into the centre. If you didn't pay DD, they would get credit companies to chase you up, but they couldn't cut you off. Wonder if TRFC haven't paid for a bit
A saint Johnstone fan told me th water bill story today.
All that water but no soap!
Never rains but it pours for the poor Sevconians .......
http://www.hitc.com/en-gb/2016/10/21...ers-potential/
It appears there are two options here;
1) T'Rangers DO have a meter, which they bypassed by stealing from a Church... but as they run a football club and not a chain of swimming pools then the figure of 95k is surely an exaggeration, bringing into doubt JJ's story.
2) T'Rangers bill is calculated in the manner you mentioned, meaning JJ's meter story is completely made up.
p.s. No Apropos were harmed or misused in any way in coming to my conclusions.
p.p.s What actually is the plural of Apropos?
I cant be arsed trying to have a stab at this, but the charges in this seem pretty steep.
https://www.business-stream.co.uk/si...ment_16-17.pdf
See Joey is being touted with a return to Burnley. Part of me wants to see him go to lift the lid on his silence but I also wanna see him continue to milk a wage from that lot.
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Souness is in today's papers saying that it's about time King put his money where his mouth is and put in the fabled 'investment' to try to catch up with Celtc.
“They need to get better players and that will take money. The owner [King] needs to find some money for the manager because he's operating with one hand tied behind his back at the moment."
"You can't come out and say you're going to spend this and spend that if you haven't got it. If you end up not spending it, that is a mistake because it raised the expectations of the support."
The Herald
Shameless **** that is souness, joined at the hip with fat tory tax dodger murray and slags off the creepy slime ball king.souness the man who sold his soul to the fxxxxx sunl
Souness shat on the huns then shat on the people of Liverpool.
Souness the"voice of reason" HILARIOUS
Where do you you get Tory from ?
Murray was knighted by the labour government in 2007 and was an Alex Salmond supporter.
http://www.bbc.co.uk/news/uk-scotland-12591383
How the hell are they managing to lose £8m pa with more than 40k ST holders??
Even with the wages they're paying to Barton etc they shouldn't be losing anywhere near that amount.
Utterly bizarre setup through Ibrox way and clearly no lessons have been learnt.
So they don't "need to find £8m before the end of the season" which was my main question. I thought that maybe you'd seen that posted somewhere. :greengrin
Their 2016 accounts aren't out yet, and I have no idea what they'll say. However, this season's should be better, what with better TV money and their European jaunt......
Oh, wait.....
They must have got a couple of quid for their first Scottish Cup final appearance? Then there's the DVD sales.
I reckon King was seriously hoping to recover some of the millions he lost when he was involved earlier with the now defunct Glasgow rangers by trousering some of the money from a cup win, attendant sales and a european jaunt - and he is now running out of options unless he can get some egotistical maniac with deep pockets to buy him out or he can somehow persuade clever people to invest in his blighted money pit.
Not sure what you mean by the £8m gap.
They made a loss in the year to June 15 of £7m. However, they still had net assets of £18m.
In December (?) last year, they got some external funding, which was designed to get them through until the end of last season.... which it did. At that point, ST's kicked in... which will have kept the lights on for a while.
Without the 2016 accounts, there's no way to assess what their current situation is. By previous years' experience, we might see them in January...by which time they'll be out of date :cb
They should try coming up with some clever tax dodging scheme. That would allow them to sign players way out with their budget and so compete with Celtic.
I am surprised that no-one has thought of that idea yet. Seems a sure fire winner to me.
:cb
There's no chance they are using £95K a month of water. Unless they have a ridiculously large water meter and leave the taps running constantly. I think Hampden Park's water bill annually was somewhere in the region of £115k http://www.edie.net/news/4/Hampden-P...cks-water-use/ before they managed to make £40k a year savings through making the urinals flush less often when there were only 200 people there as opposed to 50k people there.
I haven't seen a single shred of evidence to suggest there is any truth in this water story and the figures banded about by John James were ridiculous. They need external finance or massive cost cutting. If that doesn't happen then there will be plenty to laugh about without made up water stories.
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