Generic Sevco / Rangers meltdown thread

[The Pointer]

That is deeply disappointing and looks like he's going to get off Scot free so is it up to Ashley now?

Seems the the coup-de-grace is still a long way off.

[jacomo]

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Speaking of odious, here is the latest on the guy that takes that term to a whole other level....

https://www.bbc.co.uk/sport/football/47422756

Have to be honest and admit I have no idea what this means. Posters more informed than me will keep us right.

Good news for the Lying King.

Disreputable businessman gets away with it. Again.

[Ronniekirk]

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Good news for the Lying King.

Disreputable businessman gets away with it. Again.

But he is Borrowing way out-with their means yet they have Won **** All Pleasing


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[Ozyhibby]

http://www.insideworldfootball.com/2...D89Rvj.twitter


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[Ozyhibby]

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But he is Borrowing way out-with their means yet they have Won **** All Pleasing


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As with old Rangers it will be the arithmetic that gets them in the end. There is no chance there will be any FFP rules brought in. Clubs like Hibs are happy with the status quo.
But eventually they will run out of people to borrow off and then there will be a reckoning for them.


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[HoboHarry]

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As with old Rangers it will be the arithmetic that gets them in the end. There is no chance there will be any FFP rules brought in. Clubs like Hibs are happy with the status quo.
But eventually they will run out of people to borrow off and then there will be a reckoning for them.


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They borrowed again from Close last week so that will be the Morelos transfer fee (if there is one) accounted for already....

[Crazyhorse]

[QUOTE=Ozyhibby;5729980]As with old Rangers it will be the arithmetic that gets them in the end. There is no chance there will be any FFP rules brought in. Clubs like Hibs are happy with the status quo.[QUOTE]


Many supporters seem to be happy to 'move on' too.

[Ozyhibby]

[QUOTE=Crazyhorse;5729992][QUOTE=Ozyhibby;5729980]As with old Rangers it will be the arithmetic that gets them in the end. There is no chance there will be any FFP rules brought in. Clubs like Hibs are happy with the status quo.

Many supporters seem to be happy to 'move on' too.

Absolutely.


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[jacomo]

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http://www.insideworldfootball.com/2...D89Rvj.twitter


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UK Establishment rules of engagement:

1. Silence critics by setting up inquiry
2. Ensure it takes years to complete
3. Publish findings, confirming lamentable failings but anger dulled by the passage of time
4. Promise to ‘learn lessons’
5. Next...

[JeMeSouviens]

Daily Record, so who knows how accurate but ...

Former Rangers stars face huge bills this year after failing to strike a deal with HMRC over a controversial tax avoidance scheme.

It’s understood several of those who benefited from the Ibrox side’s Employee Benefit Trust (EBT) will be hit with tax demands – with some potentially owing millions.

It’s because they didn’t agree a repayment plan with HMRC by a deadline of April 5.

HMRC rules on so-called “disguised remuneration schemes” say the unpaid money will now be lumped into one income tax bill which is due at the end of the tax year. It’s not known which former Rangers figures have yet to settle with the taxman.

A source connected with the EBT investigation said: “Some former players were quick to agree a deal with the taxman who has been very fair in sorting out repayment plans.

“But others involved in the EBT scheme believe it’s the club who are to blame for this and are reluctant to pay the tax.”

HMRC was given power to go after former Rangers figures following a Supreme Court ruling in July 2017 that said EBT payments made under the David Murray regime at Ibrox were not loans but earnings that should have been taxed.

The payback could hit Ibrox old boys from goalie Stefan Klos to less heralded signings including Nuno Capucho and Julien Rodriguez.

Former club owner Murray, with an estimated liability of more than £3million, is by far the biggest potential loser.

A UK spokesman said: “HMRC is committed to providing affordable payment arrangements and enhanced support more vulnerable customers may need.”

[Fife-Hibee]

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UK Establishment rules of engagement:

1. Silence critics by setting up inquiry
2. Ensure it takes years to complete
3. Publish findings, confirming lamentable failings but anger dulled by the passage of time
4. Promise to ‘learn lessons’
5. Next...

[Bostonhibby]

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Daily Record, so who knows how accurate but ...

Jeez, if I were Sevco I'd be saying it's just as well the now defunct Glasgow rangers don't exist, and leave their former players to sort out their tax bills like everybody else.

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[PatHead]

I wonder what penalties will be added. I have seen some extortionate ones over the last few years.

[Ozyhibby]

I think The Rangers Football Club are in court again today with Sports Direct. No idea what’s happening.


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[HoboHarry]

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I think The Rangers Football Club are in court again today with Sports Direct. No idea what’s happening.


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I think this is MA looking for compensation for Sevco setting up the retail outlet they had going.......

[Spike Mandela]

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Daily Record, so who knows how accurate but ...

I dare say they will have been advised how to move their money around to protect it from the courts like the ‘bankrupt’ Barry Ferguson did.

[JeMeSouviens]

Meanwhile, they've put next season's STs on sale. The Lying King says:

"We are now within tangible reach of Rangers becoming the dominant force in Scottish football again."

Aye, good one Dave.

[JeMeSouviens]

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I think this is MA looking for compensation for Sevco setting up the retail outlet they had going.......

https://www.eveningtimes.co.uk/news/...se-deal-fight/

[Keith_M]

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I dare say they will have been advised how to move their money around to protect it from the courts like the ‘bankrupt’ Barry Ferguson did.

I foresee a lot of 'bankruptcies' in the making.

[Bostonhibby]

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Meanwhile, they've put next season's STs on sale. The Lying King says:

"We are now within tangible reach of Rangers becoming the dominant force in Scottish football again."

Aye, good one Dave.

They're very silly boys if they believe that one.

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[Ozyhibby]

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Meanwhile, they've put next season's STs on sale. The Lying King says:

"We are now within tangible reach of Rangers becoming the dominant force in Scottish football again."

Aye, good one Dave.

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[Famous Fiver]

If these EBT payments were found in a Court of Law to be remuneration which was not declared then de facto these payments were illegal. This gave the old Rangers an unfair advantage and they should, at the very least, should have had every trophy they won by cheating taken way.

Back round to Leean Dempster and Rod Petrie ' moving on'. They should have taken this all the way.

I know this has been done to death already but it makes my blood boil.

However, it is nice to know that at least some of the participants are awaiting a call from HMRC.

[MrSmith]

Reading that article in the Eve Times provides and insight into a non-stop car crash of a club intent on breaking every speed limit out there. It seems they will just do whatever they want and leave the rest up to those taking issue. I'm sure we are in the process of seeing administration or liquidation hence the couldn't care less attitude.

[Ozyhibby]

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If these EBT payments were found in a Court of Law to be remuneration which was not declared then de facto these payments were illegal. This gave the old Rangers an unfair advantage and they should, at the very least, should have had every trophy they won by cheating taken way.

Back round to Leean Dempster and Rod Petrie ' moving on'. They should have taken this all the way.

I know this has been done to death already but it makes my blood boil.

However, it is nice to know that at least some of the participants are awaiting a call from HMRC.

Nothing must be allowed to get in the way of Rod getting that top job at the SFA. No rocking the boat allowed.


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[marinello59]

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Nothing must be allowed to get in the way of Rod getting that top job at the SFA. No rocking the boat allowed.


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Why didn’t Celtic take it all the way then? Maybe because the legal advice was correct and they didn’t want to throw cash at something they were going to lose?

[Stonewall]

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Why didn’t Celtic take it all the way then? Maybe because the legal advice was correct and they didn’t want to throw cash at something they were going to lose?

Celtic and Rangers or nothing without each other and both know it.

i think Celtic are trying to keep their own fans onside whist not doing anything to rock the boat.

The legal advice iirc was that as there had been an enquiry meant the authorities could not be forced to revisit the issue. If all the clubs had come out for a new enquiry then the SFA would have had to back down.

[Jack Hackett]

Good to see this old thread back on it's feet again.

[Smartie]

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Good to see this old thread back on it's feet again.

It's good to see it back bringing bad news for Sevco.

It's also good that CWG has taken at least a couple of hours to reappear and tell us that it's not actually all that bad for them after all (to be fair to him, he has been consistently, depressingly correct throughout as well).

I long for a court case, possibly between someone like Tore Andre Flo and Sevco, where the Sevconians have to stand up in court and claim that they're not the same club in order to have to avoid being liable for the tax.

'Mon then CWG. Tear that one apart or I'm off to pornhub to look up that "orgasm denial" stuff my, ahem, "mate" told me about.

[Ozyhibby]

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Celtic and Rangers or nothing without each other and both know it.

i think Celtic are trying to keep their own fans onside whist not doing anything to rock the boat.

The legal advice iirc was that as there had been an enquiry meant the authorities could not be forced to revisit the issue. If all the clubs had come out for a new enquiry then the SFA would have had to back down.

Especially given the narrow terms and evidence that was withheld from the LNS enquiry. The whole thing was a stitch up and unfortunately our club was part of it. The game in Scotland is rigged and there appears to be no way to fix it.


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[Ozyhibby]

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