Generic Sevco / Rangers meltdown thread

[Ozymandias]

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.

[Ozyhibby]

This quote is hidden because you are ignoring this member. Show Quote

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.

Phil had the exclusive that the bailiffs were visiting the old Rangers and he had a photographer there to capture the moment.
Agree on the writing style though.


Sent from my iPhone using Tapatalk

[CropleyWasGod]

This quote is hidden because you are ignoring this member. Show Quote

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.

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 ) and anything good that he does have gets lost in the flames.

[monarch]

This quote is hidden because you are ignoring this member. Show Quote

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.

" 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.

[CropleyWasGod]

This quote is hidden because you are ignoring this member. Show Quote

" 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.

Oh, trust me.... I am, often. It's warm and safe there, and the bad people can't find me.

Wibble.

[jacomo]

This quote is hidden because you are ignoring this member. Show Quote

" 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.

Last time I looked at his site it was just a lengthy post about how brilliant his site was.

Not for me.

[Keith_M]

This quote is hidden because you are ignoring this member. Show Quote

Gets fans hate Glasgow city council more than the SNP! Its a cafflick, jobs for the boys cabal don't you know.

Name the last non Roman Catholic Lord Provost of Glasgow.

[brog]

This quote is hidden because you are ignoring this member. Show Quote

Name the last non Roman Catholic Lord Provost of Glasgow.

Why would you or anyone else care? I speak as an atheist.

[Paisley Hibby]

This quote is hidden because you are ignoring this member. Show Quote

HMRC can't tell anybody about anyone's tax affairs, unless forced to do so by the Courts.

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.

[magpie1892]

This quote is hidden because you are ignoring this member. Show Quote

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 ) and anything good that he does have gets lost in the flames.

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.

[CropleyWasGod]

This quote is hidden because you are ignoring this member. Show Quote

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 facutal 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?

Sent from my SM-A510F using Tapatalk

[Bostonhibby]

This quote is hidden because you are ignoring this member. Show Quote

Why would you or anyone else care? I speak as an atheist.

Agree.

It's about time we atheists got something.

I am prepared to be Lord provost of Glasgow. That'll sort out the dodgy stands that the now defunct Glasgow rangers dumped on the the rangers.

Sent from my HTC One mini 2 using Tapatalk

[magpie1892]

This quote is hidden because you are ignoring this member. Show Quote

" 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.

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.

[magpie1892]

This quote is hidden because you are ignoring this member. Show Quote

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?

Sent from my SM-A510F using Tapatalk

Certainly in the case of Phil Doe. Think that TC and JJS are far less guilty of this.

Some of Phil Doe's stuff is wired from the Moon.

[Jack Hackett]

This quote is hidden because you are ignoring this member. Show Quote

Agree.

It's about time we atheists got something.

I am prepared to be Lord provost of Glasgow. That'll sort out the dodgy stands that the now defunct Glasgow rangers dumped on the the rangers.

Sent from my HTC One mini 2 using Tapatalk

Be fair. They did get them at a knock down price....they've just failed to knock them down

[Bostonhibby]

This quote is hidden because you are ignoring this member. Show Quote

Be fair. They did get them at a knock down price....they've just failed to knock them down

Wouldn't be allowed when I'm Lord provost

Sent from my HTC One mini 2 using Tapatalk

[lapsedhibee]

This quote is hidden because you are ignoring this member. Show Quote

facutal errors

They're the worst.

[The Falcon]

This quote is hidden because you are ignoring this member. Show Quote

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?

Sent from my SM-A510F using Tapatalk

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?

[CropleyWasGod]

This quote is hidden because you are ignoring this member. Show Quote

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?

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?

Sent from my SM-A510F using Tapatalk

[Keith_M]

This quote is hidden because you are ignoring this member. Show Quote

Why would you or anyone else care? I speak as an atheist.

I don't care at all, but did you at least read what I was replying to and understand the context?

[brog]

This quote is hidden because you are ignoring this member. Show Quote

I don't care at all, but did you at least read what I was replying to and understand the context?

Yes of course i did but IMO by asking the question you only help to promulgate the myth that a person's religion is a matter of importance. As i said, only my opinion.

[Mr White]

This quote is hidden because you are ignoring this member. Show Quote

Yes of course i did but IMO by asking the question you only help to promulgate the myth that a person's religion is a matter of importance. As i said, only my opinion.

Great use of a seldom seen word there Brog

[ancient hibee]

This quote is hidden because you are ignoring this member. Show Quote

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?

Sent from my SM-A510F using Tapatalk

You used to have to jump through hoops to avoid being taxed on Benefits in Kind.I would have thought that an employer being responsible for paying an employees tax liability would be the biggest possible Benefit.

[brog]

This quote is hidden because you are ignoring this member. Show Quote

Great use of a seldom seen word there Brog

I'm drinking wine in Portugal, it helps!!

[CropleyWasGod]

This quote is hidden because you are ignoring this member. Show Quote

You used to have to jump through hoops to avoid being taxed on Benefits in Kind.I would have thought that an employer being responsible for paying an employees tax liability would be the biggest possible Benefit.

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.

Sent from my SM-A510F using Tapatalk

[Keith_M]

This quote is hidden because you are ignoring this member. Show Quote

Yes of course i did but IMO by asking the question you only help to promulgate the myth that a person's religion is a matter of importance. As i said, only my opinion.

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...

[jgl07]

This quote is hidden because you are ignoring this member. Show Quote

Name the last non Roman Catholic Lord Provost of Glasgow.

Sir Gordon Liddell (1969-1972)?

[brog]

This quote is hidden because you are ignoring this member. Show Quote

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...

I think we're in violent agreement. You're saying these bam pots, mostly in the West, think a person's religion is important. I agree that's no myth. IMO the myth is that one's religion does matter.

[greenginger]

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.

[ancient hibee]

This quote is hidden because you are ignoring this member. Show Quote

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.

Most unlikely.