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Newco?

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posted on 17/6/12

right*

posted on 17/6/12

Rangers. He IS wrong. He's blinded by his hatred

posted on 17/6/12

Esctosh
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Don't get excited by the use of the term "club" by the SPL. A club is anything they invite to the top table, and even Wick Academy can be invited to the SPL and can call themselves Rangers and claim to be a continuation of the old Rangers - it's not rocket science. But the reality is that the old Rangers died in 2012 whether you like it or not - just live with it. The new club will adopt the blue colour and badge, buy all Rangers trophies and play at Ibrox, but in legal terms they are a different entity and any lawyer worth his salt will tell you that. Rangers will admittedly always be a big name and big business in Scottish football, but that will never obliterate the fact that the new Rangers is a separate company and not a continuation of the old. Fans see the outward semblance rather than the inconspicuous legal reality, and the SPL and new Rangers owners will want to capitalise on that. Simple commonsense and good business all round, but a legal fiction. And as I have already said, we all understand why Rangers fans are desperate to maintain that semblance of continuity.

posted on 17/6/12

ElChicco, we(Rangers FC fans) will live with it when someone in authority tells us otherwise.

posted on 17/6/12

Desperate. Desperate stuff Chicco. Give up man. I know you're spewing

posted on 17/6/12

As said already. Lets see what's engraved on the next cup or 3rd division win Rangers manage.

The football authorities have no doubt that Rangers "newco" can be punished for the "oldco" 's transgresions.

As much as you'd like it both ways, either the newco is new and has no history, or punishment. Or they are the same Rangers you don't like, and still open to the punishment the SFA are about to decide.

posted on 17/6/12

Look Chicco, I am the same as you. I want clarification
on Rangers FC's position,as far as the history goes.
But as you have proven you haven't a clue what the legal position is.

posted on 17/6/12

I still don't see how taking really bad tax advice is cheating, and its not even been proven it was bad tax advice yet after a long time and many investigations.

If you employ guys to give you advice on tax, and you take their advice, it's cheating when or if they were wrong?

posted on 17/6/12

Rangers keep their history.

Look at this example from outside of football.

=========================

Clinton Cards wins a Consumer award in 2011.

In 2012 Clinton Cards goes into admin.

Clinton cards assets are bought by an american firm, leaving the old corporate shell to be liquidated.

The american company keeps the clinton brand operating on the high street, not changing the brand, therefor keeping the value of the goodwill.

Clinton cards can still display that it won a consumer award legally, even though it is not the same company.

This is an example of how the historical achievements of the 'business' are different from those of the 'company'.

posted on 17/6/12

I have over the years taken advice from umbrella companies and accountancy companies.
Now I pay them money to sort my tax,vat & ni If the tax man came looking for me because of their incompetency I wouldn't be happy.

posted on 17/6/12

You wouldn't be happy but it would still be you that hadn't paid it!

posted on 17/6/12

Aye, I don't think many people are happy at Rangers, but its still a stretch to say taking bad tax advice is cheating.


posted on 17/6/12

Read this ... The question is raised and answered

http://www.coveritlive.com/index2.php?option=com_altcaster&task=viewaltcast&altcast_code=6810392a00&ipod=y

History in tact

posted on 17/6/12

Ectosh, a quote!
Don't know if he is correct or not but at least you have
provided a quote unlike other posters.

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