Lawwell shouldnt have said that

10 point deduction, pull in the purse strings, otherwise as you were, that simplifys matters for those

  not wishing to trawl through the bigotry and bile....

ha ha  so it is the evil english that have caused all this by their crippling tax demands
shame on them
viva independence ha ha ha

The English clubs need to pay their tax too.

HMRC need to collect every penny off every club.

In the past 12 months tens of thousands of ordinary people have received backdated tax demands. These clubs tried to evade tax and now they have been caught they need to be made to pay every last penny.

Misty Blue.

Different Class!

http://www.youtube.com/watch?v=tzLw1e4f9ak

Good point Benalder.
You have to realise though that Glasgow Rangers have had this hanging over them for a long while now.
We are struggling to keep thing`s together no doubt about it.
Today`s result losing to Kilmarnock at home was sad enough but by all accounts the away side deserved their win.

MORE BAD NEWS DUE NEXT WEEK APPARENTLY

'THERE'S ONLY ONE CRAIG WHYTE' COULD BE A CHANT FOR YEARS AND YEARS TO COME

Whyte has his @rse well covered.As well as the Revenue,Hearts(£800K),Dundee Un(£100K),Dunfermline(£80K),little Arbroath(£20K) and Austria Vienna(£1.2M)will be left whistling for their money whilst Whyte walks away quids in.

Liquidate the bastards,but even then Whyte wins.

" Liquidate the bastards,but even then Whyte wins."

If Whyte is as guilty as some suggest then he'll need to live in a volcano on a deserted island a thousand miles from habitation. He might walk away (from jail?) with millions hidden offshore but he could end up to his knees in his own blood before too long if some websites are to be taken seriously.

Rangers administration: Key witness says Rangers can still win £50m tax case

Rangers could still win their tax case, according to a key witness. Picture: Getty
By ANDREW SMITH
Published on Sunday 19 February 2012 00:00

A KEY witness at Rangers’ tax tribunal over the use of Employee Benefit Trusts (EBTs) has told Scotland on Sunday he believes the club can still win the case that could otherwise land them a bill for more than £50 million from Her Majesty’s Revenue and Customs.

The source, who asked not to be named with a judgment still possibly two weeks away, called into question owner Craig Whyte’s implication of the so-called “big tax case” in the Ibrox club’s plunge into administration last week. HMRC insisted that the reason was a further £9m in unpaid tax accrued since Whyte took over the club last May.

“Until a fortnight ago, it was widely reported that Rangers’ chances of winning the tribunal were 50-50, now it is said they will lose,” the source said. “Yet nothing can have changed in that intervening period, with the tribunal ending last month [18 January]. It has been said Whyte must have got wind of the outcome ahead of the club being placed in administration, but he can’t have done so. The opinion of the judges must remain strictly confidential until they make public their decision. If Rangers won the EBT case, their future should have been secure. Now it won’t be and, in that scenario, serious questions must be asked of Whyte.”

The source says there are “myths” about how EBTs were administered when Sir David Murray owned Rangers, and that HMRC made “no headway” in convincing the three judges who will decide if these were operated in a manner that changed them from a legal tax avoidance loophole to a tax evasion scheme.

EBTs are believed to have been run by around 5,000 businesses in the UK, including football clubs south of the Border. They became illegal in December 2010 but, until then, firms had been able to exploit the tax laws to provide sums to employees without PAYE or National Insurance as long as these were in the form of discretionary, repayable loans. At the tax tribunal, HMRC argued Rangers’ use of them for nine years was, in fact, a way to help mostly foreign players evade tax on salaries and bonuses. The source, who is not connected to Rangers but had clients who benefited from EBTs, claims that this entirely misrepresents the scheme in operation at Ibrox. “It was totally and absolutely correctly administered, and the club met all their legal responsibilities and complied with all tax laws,” said the source. “They took advice from top-notch lawyers and a whole battalion of the best accountants on a global level.

“I have read a lot that isn’t true about how Rangers were supposed to have misused them. They weren’t written into the players’ contracts of employment. They were totally separate. Money in any EBTs was not a salary sacrifice. The EBTs were independently administered offshore in Guernsey. I have heard it said that players had letters stating they did not have to pay these loans back. The tax commission hammered away at that but made no headway because these letters categorically do not exist.”

The Rangers Tax Case blog, which has covered the situation exhaustively for almost two years, claimed the “smoking gun” for HMRC was a number of letters indemnifying players from any future tax liabilities on money placed in their EBTs.

The source insisted: “There is nothing unusual in that as it is always employees who set the schedule basis for tax and there was no great gain for the players.”

But the source also admitted: “The very slight weakness is that the administrators in Guernsey weren’t always as diligent in their book-keeping as they should have been. Players buggered off back to Argentina, Italy and Australia and they didn’t keep track of these movements, as was incumbent on them. This was tightened up, though, over time.”

its scotland Mac where you are guilty till proven innocent .

EBTs are believed to have been run by around 5,000 businesses in the UK, including football clubs south of the Border

But the only thing that seems to mater to some, is that Rangers should be found guilty ..

u stopped calling for Lennon's head 4.8?

Just read a Daily Record article by Keith Jackson from 2010 announcing Craig Whyte about to buy rangers. Jackson states Whyte is "in charge of a vast business empire, his wealth is off the radar"

RANGERS: Whyte ‘ignored settlement advice’, chances of regaining control recede
By Nick Harris
SJA Internet Sports Writer of the Year
19 February 2012
Craig Whyte, the controversial businessman at the heart of the crisis enveloping Rangers, ignored advice given to him last May about how he could settle some of the club’s disputes with HMRC, Sportingintelligence can reveal.
Rather than follow a plan which might have led to a long-term negotiated settlement between Rangers and the tax man, Whyte instead opted to compound the club’s troubles by withholding up to £9m of tax and VAT due over the past nine months.
This led to the appointment of administrators last Tuesday, and sources with inside knowledge of the work being done by Duff & Phelps at Ibrox have confirmed Whyte now has ‘important questions to answer’ about his conduct.
The advice given to Whyte in May last year about settling with the tax man was provided by David Grier, a Duff & Phelps partner.
A well-placed source insists Grier was acting not solely for Whyte at the time but as an agreed conduit between HMRC and Whyte, and put proposals to Whyte to clear up Rangers’ tax mess that were ignored.
Countering suggestions that there is a serious conflict of interest now in Duff & Phelps being Rangers’ administrators – when theoretically Grier could be perceived as part of the ‘Whyte team’ behind the current mess – a spokesman for Duff & Phelps has told Sportingintelligence that ‘it is categorically not the case’ that Grier had any involvement in:
any plan for Rangers not to pay employees tax and VAT for nine months.
any plan that involved a future administration to shed deliberately amassed tax liabilities.
any plan that misled anyone about how Whyte had funded his takeover, particularly the payment of £18m to Lloyds bank.
Sportingintelligence can reveal that Duff & Phelps have already received at least six expressions of interest in the club, and a spokesman has told us: ‘We will begin the process of looking at them in greater detail in the week ahead.’
It is thought those expressions of interest come from a variety of groups in Scotland, elsewhere in Britain and from abroad, including North America.
Duff & Phelps are also trying to establish exactly how Whyte funded the £18m to Lloyds and whether, as many suspect, he used some of the £24.4m gained from Ticketus for the sale of a portion of Rangers tickets for the next four years.
The future of Rangers is unlikely to be settled without an acrimonious struggle for control, with Whyte likely to be claiming to be a major creditor, which he is believed to think puts him in control. Any such claims are likely to be challenged.
It is understood Whyte led various advisors to believe he paid Lloyds with £18m cash from his own private resources, something that still cannot be verified but seems increasingly doubtful.
Duff & Phelps’ investigation is one of up to four separate probes in the Rangers situation.
The SFA are looking at whether Whyte misled them over being a ‘fit and proper person’ and are conducting an independent review of the whole matter.
The police and Crown Office are considering their next moves with the possibility that a criminal investigation could follow.
Whyte’s spokesman insists he will co-operate with all investigations and is confident he will be cleared of any wrong-doing, but the prospect of Whyte regaining control at Rangers, post-administration, ‘is not a scenario currently looking like a favourite’ according to one source.
Rangers were docked 10 points for entering administration and then their week got worse on Saturday when they lost 1-0 at home to Kilmarnock.
.

Money for nothing: Whyte used £24m season ticket deal to pay off bank
By JOHN MCGARRY
Last updated at 12:00 AM on Feb 21st.

Craig Whyte sold off four years of Rangers season tickets — one month before he bought the club.
The embattled owner flogged the seats to London-based Ticketus to fund his entire takeover last April — four weeks before he persuaded Sir David Murray to sell up for just £1.
Sportsmail can reveal Whyte convinced Ticketus to advance him £24.4million on the proviso that he would then buy Rangers. That cash was deposited into a client account with his London-based lawyer Collyer Bristow on April 7.


Whyte then showed Murray that balance as evidence he had sufficient funds to give Lloyds Bank the £18m they were owed — one of the key conditions of the sale.
He then bought Murray’s 85.3 per cent shareholding for £1 on May 6, paid off Lloyds and used Rangers employees’ personal tax — which should have been handed over to HMRC — to help run the club. Until it ran out and forced administration eight days ago, that is.
Had Murray refused to sell to him, Whyte would have returned the money to Ticketus — a gamble he was prepared to take.
The latest revelation means that Whyte, who stayed away from the first post-administration game against Kilmarnock on Saturday, effectively bought into the club for nothing before installing himself as the ‘preferred creditor’.
It is widely assumed he will never attend another game at Ibrox and there are now questions marks over that ‘preferred creditor’ status.
Strathclyde Police are examining files pertaining to Whyte’s nine-month tenure, which were handed to them by former chairman Alastair Johnston.
The SFA have also launched a full inquiry into Rangers in  a move that was welcomed by manager Ally McCoist at the weekend.

Uncertain future: Rangers fans show their support for their crisis club
The ruling body claim to have been hampered in their efforts to establish if Whyte fulfils the ‘fit and proper person’ criteria.
Rangers are now 17 points behind Celtic in the SPL after receiving an automatic 10-point deduction.
The Ibrox club plunged into administration last Monday and, three days later, the administrators revealed they had ‘no visibility’ of the Ticketus money in the football club’s account.
The announcement came despite Whyte previously insisting that ‘every penny’ of the money had gone into the running of the club. Two weeks ago, the embattled owner also claimed to have sunk £33m of his own money into the club.
It emerged that lawyers Collyer Bristow had handed ‘significant information’ which provided ‘some visibility’ on the whereabouts of some of the cash.
An £18m payment was made from the account to Lloyds on May 9 — three days after the takeover went through, but it is still unclear where the remaining £6.4m is.
Exactly how much of the £6m proceeds from the sale of Nikica Jelavic to Everton landed in the club’s account is also unknown.
Last Thursday, joint administrator Paul Clark said: ‘Some of it is deferred. Some of the funds appear to have gone into the club — but we need to go through the detail.’

Tough times: Manager Ally McCoist has backed calls for a full investigation
There is also a question mark over what security Ticketus now hold for their part in the April deal. Were Rangers to be liquidated, the firm would have no obvious means of re-selling the seats they have bought between now and 2015.
Financial experts believe it is inconceivable that they would have agreed to advance such a huge sum without a safety net.
Whyte’s credibility among the Rangers support is at an all-time low. When news of imminent administration broke last Monday, he initially said he had been left with no alternative due to the so-called ‘big tax bill’ which the embattled owner claimed could cost the club £75m.
However, when the application was heard in the Court of Session, that story was exposed as a fallacy. The real reason the club had been forced into administration was down to the fact that £9m in VAT and PAYE had been unpaid. Duff & Phelps believed that this had been used for the day-to-day running of the club.
Just a week before administration, Whyte’s evidence was called ‘wholly unreliable’ by a sheriff after a civil case.
As players and staff at the 140-year-old club brace themselves for job cuts on Tuesday, the whereabouts of the 41-year-old Motherwell-born businessman were last night unknown.
He avoided the Kilmarnock match, claiming he was ‘taking a backwards step’.

^^^funny as fk

What happened to Rangers much vaunted plans for a super casino, conference centre and five star hotel complex announced a couple of years ago? Apparently this £100m project was going to be financed externally but generate tens of millons of profit for the club. If Mr Whyte is charge of the project it will end up as a three card brag session in the Govan Sally Army hostel playing for ciggies and Brasso.

Some bad news coming for timmy.

The Queen meets Hector


http://www.youtube.com/watch?v=XusWrf-9Ass&feature=player_embedded