Generic Sevco / Rangers meltdown thread

[Ozyhibby]

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Here we go....

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[Onceinawhile]

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Another possibility is that the creditors committee.....I think it's called....have instructed BDO to appeal. The smaller creditors, in whose interests the appeal is, may outvote HMRC on that committee.

If that's the case, I think BDO's hands are tied.

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Do you not think that BDO will be under pressure from their own clients? Many of whom may well have EBTs or have implemented them on BDO's advice?

If the decision is left to stand that puts BDO's clients in a tricky position and therefore BDO as well.

[CropleyWasGod]

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Do you not think that BDO will be under pressure from their own clients? Many of whom may well have EBTs or have implemented them on BDO's advice?

If the decision is left to stand that puts BDO's clients in a tricky position and therefore BDO as well.

The liquidator, which is a sole or joint appointment, has responsibility to the Court first, the creditors second and his employer third . If any client of the firm puts that kind of pressure on, they should be told to bolt.

As D&P have shown, no client is worth that kind of hassle. And if the joint liquidators have succumbed to that kind of pressure, they deserve the same kind of kicking.

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[greenginger]

http://www.hitc.com/en-gb/2015/12/01...on-could-mak/?

Still seems to be a bit of mileage in the Warby to Fulham story.

Who knows what he has been told about his January transfer business.

[JeMeSouviens]

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http://www.hitc.com/en-gb/2015/12/01...on-could-mak/?

Still seems to be a bit of mileage in the Warby to Fulham story.

Who knows what he has been told about his January transfer business.

I see the story has finally emerged in Scottish paper-land ...

http://www.thescottishsun.co.uk/scot...Warburton.html

[matty_f]

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I see the story has finally emerged in Scottish paper-land ...

http://www.thescottishsun.co.uk/scot...Warburton.html

Warburton always sounds like he's speaking from a manual. He says a lot without saying anything of any value.

[Bostonhibby]

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I see the story has finally emerged in Scottish paper-land ...

http://www.thescottishsun.co.uk/scot...Warburton.html

Bound to come to Real Madrids' attention as well now that the Scottish sun are on the case about a week after it appeared on here

[Treadstone]

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Warburton always sounds like he's speaking from a manual. He says a lot without saying anything of any value.

He's the generic email of football management.

[Ozyhibby]

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He's the generic email of football management.

Respectfully though.


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[Ozyhibby]

For anyone who didn't click the link last night, didn't get time to read it, wonders what this thread is all about, thinks we should just move on etc etc.
Please just read this.
https://rangerstaxcase.wordpress.com...-ending-story/



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[grunt]

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For anyone who didn't click the link last night, didn't get time to read it, wonders what this thread is all about, thinks we should just move on etc etc.
Please just read this.
https://rangerstaxcase.wordpress.com...-ending-story/



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That blog post had 10,000 unique hits last night, apparently. One of them was mine.

[Ozyhibby]

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That blog post had 10,000 unique hits last night, apparently. One of them was mine.

It deserves and will get a lot more over the next few days. He/she has been sorely missed over the last few years.


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[Platinum Scotty]

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For anyone who didn't click the link last night, didn't get time to read it, wonders what this thread is all about, thinks we should just move on etc etc.
Please just read this.
https://rangerstaxcase.wordpress.com...-ending-story/



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excellent piece, very well written!

[Treadstone]

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It deserves and will get a lot more over the next few days. He/she has been sorely missed over the last few years.

I would also recommend clicking the Discounted Option link in the piece AKA the wee tax case.

[Spike Mandela]

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Another possibility is that the creditors committee.....I think it's called....have instructed BDO to appeal. The smaller creditors, in whose interests the appeal is, may outvote HMRC on that committee.

If that's the case, I think BDO's hands are tied.

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James Doleman (@jamesdoleman)
30/11/2015 16:05
Of 49 Scottish submissions to appeal to the Supreme Court in last 6 years, 3 were accepted. twitter.com/ScotlandSky/st…

[Ozyhibby]

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James Doleman (@jamesdoleman)
30/11/2015 16:05
Of 49 Scottish submissions to appeal to the Supreme Court in last 6 years, 3 were accepted. twitter.com/ScotlandSky/st…

And none of those three were unanimous decisions like the Rangers tax case.


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[Ozyhibby]

Resolution 10 failed

http://rangers.co.uk/news/headlines/agm-result-notice/


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[jacomo]

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https://rangerstaxcase.wordpress.com...-ending-story/

Well worth a read from the blogger who first brought this to everyone's attention.


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The argument about tax avoidance vs tax evasion can continue.

What is beyond doubt is that Rangers did not disclose full details of their player contracts to the football authorities - a requirement of every club that wishes to compete in Scotland.

Therefore, their players were not properly registered. Bye bye titles win during that period.

[jacomo]

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I see the story has finally emerged in Scottish paper-land ...

http://www.thescottishsun.co.uk/scot...Warburton.html

Reads like a come-and-get-me plea to me.

As I said a couple of days ago, Warburton comes across as a deeply mediocre individual who seems to think he's some kind of leadership guru. I bet he's watched all Terry Buthcher's seminars.

He'd be mad not to take the money on offer now.

Davie Weir to step up in his place?

[Jim44]

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Resolution 10 failed

http://rangers.co.uk/news/headlines/agm-result-notice/


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The % of votes for and against cast for each resolution are almost the same yet resolution 10 was not carried. How come?

[grunt]

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The % of votes for and against cast for each resolution are almost the same yet resolution 10 was not carried How come?

That one needed 75% in favour to carry it.

[PatHead]

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The % of votes for and against cast for each resolution are almost the same yet resolution 10 was not carried. How come?

Did it not need 75%?

[Jim44]

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That one needed 75% in favour to carry it.

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Did it not need 75%?

Gotcha.

[Kato]

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The argument about tax avoidance vs tax evasion can continue.

What is beyond doubt is that Rangers did not disclose full details of their player contracts to the football authorities - a requirement of every club that wishes to compete in Scotland.

Therefore, their players were not properly registered. Bye bye titles win during that period.

That's the bottom line.

If they had nothing to hide why did they, errm, hide stuff?

[hibs0666]

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Reads like a come-and-get-me plea to me.

As I said a couple of days ago, Warburton comes across as a deeply mediocre individual who seems to think he's some kind of leadership guru. I bet he's watched all Terry Buthcher's seminars.

He'd be mad not to take the money on offer now.

Davie Weir to step up in his place?

Warby is 13/8 favourite, and you can get 6/1 the field.

After the Allan saga, surely the huns wouldn't stand in the way of a guy trying to better himself?

[hibs0666]

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The argument about tax avoidance vs tax evasion can continue.

What is beyond doubt is that Rangers did not disclose full details of their player contracts to the football authorities - a requirement of every club that wishes to compete in Scotland.

Therefore, their players were not properly registered. Bye bye titles win during that period.

Like it or not, the side letter issue has already been addressed and the huns were fined accordingly.

[bighairyfaeleith]

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Like it or not, the side letter issue has already been addressed and the huns were fined accordingly.

Addressed by HMRC?

[hibs0666]

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addressed by hmrc?

HMRC and SFA.

[ehf]

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Resolution 10 failed

http://rangers.co.uk/news/headlines/agm-result-notice/

Excellent. Chuck Green appealing the decision on liability for his costs as well, so hopefully turning into a bad day for Sevco...

[grunt]

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Like it or not, the side letter issue has already been addressed and the huns were fined accordingly.

Are you talking here about the LNS inquiry?