Link?

And Hi..How are you

Just read this.

London times tomorrow morning

Apparently it should never have been enough to force a sale and subsequent demotions etc.

Not sure there is any benefit to us if true.

Murray could surely sue in a civil court for personal losses but doesn't really help us.

HMRC are quite literally a law unto themselves

Don’t think there will be any benefit to current rangers but DM could surely sue.... in effect, everything that’s happened, all the pash for the last 8 years was because of a tax ‘error’ fvcking shocking if true

https://mobile.twitter.com/magnusllewellin/status/1194751257119985664/photo/1

It just looks like the case was what everyone expected of it; a test case to make an example of a large high profile organisation which would eventually achieve the square root of heehaw apart from crippling the organisation in question, with the larger organisations getting away with murder as usual.

This could get complicated, assuming it's true. At the very least Dave King might get some money out of it which could benefit us.

comment by Blue Heaven (U20912)
posted 50 seconds ago
This could get complicated, assuming it's true. At the very least Dave King might get some money out of it which could benefit us.
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It won’t affect us at all, it will be the previous shareholders who would need to sue

comment by Blue Heaven (U20912)
posted 9 minutes ago
This could get complicated, assuming it's true. At the very least Dave King might get some money out of it which could benefit us.
----------------------------------------------------------------------
It's actually Dave King who is the beneficiary of the situation. Albeit his shares if any in old company would be negatively impacted. Not s great state of affairs.

Did King have shares in the old company when it went into admin and liquidation? If so, does that make him a creditor? If he is, he might benefit.

I don't see how Murray or any shareholders have a leg to stand on myself

Tax case started under his tenure, could have stayed to see it through, was his choice to sell up coz he was skint and being chased by the banks to repay his debts after the global financial $hitshow in 2008

Okay, a £20m tax bill as opposed to a £50m tax bill may have been more manageable and may have meant some more credible buyers came forward....but how the fook do you prove that?

There is also the point that BDO/Oldco are still being asked to pay the outstanding tax bill....so again, if it's only a £20m bill, I don't see how Murray or anyone else can profit financially when HMRC haven't been paid anything remotely close to that sum

Best left well alone I think, move on, old news

Apparently the bill should have only been £20m

comment by St3vie (U11028)
posted 1 minute ago
I don't see how Murray or any shareholders have a leg to stand on myself

Tax case started under his tenure, could have stayed to see it through, was his choice to sell up coz he was skint and being chased by the banks to repay his debts after the global financial $hitshow in 2008

Okay, a £20m tax bill as opposed to a £50m tax bill may have been more manageable and may have meant some more credible buyers came forward....but how the fook do you prove that?

There is also the point that BDO/Oldco are still being asked to pay the outstanding tax bill....so again, if it's only a £20m bill, I don't see how Murray or anyone else can profit financially when HMRC haven't been paid anything remotely close to that sum

Best left well alone I think, move on, old news
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Wasn't the original bill over £80m including fines?

All the Celtics fans and their cheating allegations

Surely we must have some sort of comeback?

comment by atheist (U2783)
posted 9 minutes ago
Surely we must have some sort of comeback?
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Strip the tainted titles

Is this the same stuff that BDO announced 5 months ago?

comment by atheist (U2783)
posted 3 hours, 7 minutes ago
Surely we must have some sort of comeback?
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But if you haven't paid a penny back yet, then surely there's not much you can do. It's not like you've overpaid.

There's every chance the old company would still have had to apply for admin as the money wasn't there, and there's no guarantee somebody would have bailed you out still.

There would still have been the lingering doubt of appeals etc.. so unlikely anyone would want to take all of that on, on top of a £20m (at the least) tax bill.

Unfortuantetly for the old company, it's dealing with hypotheticals now

Shocking, hope the old Rangers sue them and get all their money back. That poor face painter's waited long enough.

Pay the £20 million then if you’re so concerned over it.

Loving the cognitive dissonance on Twitter.

"Aye but if it wasn't for this tax bill we wouldn't have been liquidated and just put into administration.
But uh, ehh, we weren't liquidated at all."

So straight from the bear's mouth, this wouldn't have changed anything! Unless they admit they're a new club, of course.

Twitter is good value on days like this.

I think some are forgetting that David Murray buried the oldco by not doing his due dilligence on Craig Whyte.

Even if this bill was revised, Rangers would have needed over £40 million if you add in the penalties (which they'd still be chasing, were the oldco still trading).

"put off potential buyers"

been about without that bill over you rangers and the only ppl interested have been easdale, mike ashley, and a doolally auld bastirt dave king.

Comment deleted by Site Moderator