Arkanoid
Well-Known Member
And the face painter
Tax Officials Blamed For Rangers Downfall – HMRC Mistake Wipes Millions From Ibrox Bill (The Times)
- Thread starter ArfieldGer
- Start date
It just sounds too good to be trueThis is totally under the assumption this happens though. King has been on record saying that he’d like to bring back the oldco at one point when it became a viable option (which seems like now tbh). Seems logical though if we’re entitled to a good bit of compo that way and it gets rid of Ashley. From what I’ve read, BDO feel as if liquidation is incorrect, and therefore are holding onto the papers that finalise that process as a result of what’s happened. So King could technically do it if it’s all true, or at least that’s how it sounds! Unless there’s something I’m missing entirely (but I fucking hope there isn’t)
Arkanoid
Well-Known Member
Politically and religiously motivated
WATP
Well-Known Member
Rumours afoot that Murray was trying to recover some
Murray will see this as an opportunity to restore his legacy in the eyes of Rangers fans and I can see him and King working together to go after this big time!
Southsideblueblood
Well-Known Member
All fury aside, I wonder, before I pop my clogs, if there will ever be a time again when we are simply a world class football club and not a regular media sensation.
ArfieldGer
Well-Known Member
More chance of King working with Craig Whyte than SDM.
Hilly5411
Well-Known Member
It really does as that would be the ideal scenario imo. I just can’t see us taking any of this lying down and not getting anything out of it at all. There’s surely some avenues that can be taken if this doesn’t come to pass
nelster
Official FF Paparazzi
Thats a very firm assertion
But if someone you think wronged you can actually get you a win later in life
You do the pragmatic thing and take the win
I have no knowledge of behind the scenes. Just looking at whats coming off the back of this.
I've won the sweep
Well-Known Member
Baws need booted big style in regard to this fcuk up.
AndythephotoDr
Well-Known Member
How does this change folks views on SDM? He always said our debt was manageable.
I guess anyone who was a shareholder of oldco would have grounds to seek justice purely in a financial loss point of view as their investment was sunk by the HMRC
I really hope BDO and Murray really go in for the kill in this. I guess Dave King and his initial huge investment in Oldco will have a reason to get involved. What was his old shareholding worth?
one thing for sure this isn’t going away for a while yet
I guess anyone who was a shareholder of oldco would have grounds to seek justice purely in a financial loss point of view as their investment was sunk by the HMRC
I really hope BDO and Murray really go in for the kill in this. I guess Dave King and his initial huge investment in Oldco will have a reason to get involved. What was his old shareholding worth?
one thing for sure this isn’t going away for a while yet
Geno
Edited Appendage
d
David Murray's conglomerate was under scrutiny by HMRC at he time and RFC was front and centre.
Now, I am by no means going to justify him, or his actions but think on the following:
Why (or who) persuaded/forced Murray to sell RFC to Whyte?
Answer: LLoyds Bank via Donald Muir.
WATP
Well-Known Member
Not so sure on that when there is significant mutual benefit to their legacy and the benefit of Rangers as an Institution!!
YoungGer97
Well-Known Member
hes still a cock, and a major culprit
trueblue77
Well-Known Member
Unfortunately that remains a hypothetical turnover as far as RIFC are concerned. Our turnover has probably only ever increased.I really can’t see where we’d stand to gain anything at all financially.
WATP
Well-Known Member
As I said they may have to as main shareholders but it could also change their viewpoint and outlook on each other too. I don’t think for 1 second Murray would ever be welcomed back to Rangers in an official capacity but in a joint action against HMRC for Rangers OldCo.....yes I could see it!
A1bertz
Well-Known Member
If he sues HMRC for £100m and then donates it all to Rangers. Then he will move on my Chuntometer scale from Massive Chunt to just a wee Chunt!
monkey magic
Well-Known Member
This HMRC scandal should be front page news for all the Scottish tabloids this morning, but will it ?
A1bertz
Well-Known Member
Yes....because of a bogus threat of a tax bill that would bring down his entire empire and see Lloyds mis out on repayment of what we owed them. I get that. But he was forced to sell and that tax bill threat meant he could get just £1 as a sale. The club, ground, players etc etc were worth what? A wee bit more than a quid..eh?
Bknowe
Well-Known Member
Murray ran up the debt with HBoS.
The banking crisis screwed him a bit. However, it doesnt excuse him. Lloyds took over HBoS and sh*t themselves at the amount of money MIH (including RFC) owed them.
When the news of a potential bill of £90m+ broke, Lloyds cacked their pants and told Murray, through Muir to sell RFC ASAP.
Remember Whyte wasn't the first stooge. There was that guy Ellis who couldn't provide funds. I've always said, if we find a link between Muir & Whyte we could sue them both destitue.
crmpicco
Well-Known Member
Let's hope so. If they do we should get behind them 100%
trueblue77
Well-Known Member
Ultimately his business empire had a detrimental impact on Rangers but I don’t think we can entirely blame him for that or the banking collapse. However, his ego got the better of him and nothing was quite enough for him hence all the bank debt and EBT nonsense. He sold the club to Whyte. Murray caused our troubles whilst others simply took advantage of them.
Last edited:
Hillheadbear
Goooooooooaaaaaaaaaaallllllllll
The banking crisis was forseeable. Murray was a risk taker and an egoist who thought he was smarter than everyone else.
HMRC in Scotland = OPUS DEI!
Be in no doubt. It is historically poisoned to it's very core. Together with senior academics they created the perfect storm on the blogosphere - with the demise of Rangers being the sole intent.
Be in no doubt. It is historically poisoned to it's very core. Together with senior academics they created the perfect storm on the blogosphere - with the demise of Rangers being the sole intent.
I'm guessing I'm not alone in believing that we were the victim of a massive conspiracy to render Rangers ineffective as a challenger for the honours in Scottish football, if not to kill us off completely.
Remember first of all who exactly benefitted from it, and who willingly joined in believing they would get a slice of the action in the shape of crumbs from their master's table.
If you want to know who from the mhedia was in on it, watch how these latest revelations unfold and remember who were most vocal against us in 2012, those dismissing us out of hand based on what they maintained was our guilt.
Remember also those who sneered at us and denounced the club for our lack of "contrition".
Now watch those same people again to see those who seek to minimise or dismiss the importance (and implications) of this week's revelations, or alternatively observe them sit back and say absolutely nothing whereas before they just couldnt contain themselves from their outpourings of malice and prejudice on the subject.
Remember first of all who exactly benefitted from it, and who willingly joined in believing they would get a slice of the action in the shape of crumbs from their master's table.
If you want to know who from the mhedia was in on it, watch how these latest revelations unfold and remember who were most vocal against us in 2012, those dismissing us out of hand based on what they maintained was our guilt.
Remember also those who sneered at us and denounced the club for our lack of "contrition".
Now watch those same people again to see those who seek to minimise or dismiss the importance (and implications) of this week's revelations, or alternatively observe them sit back and say absolutely nothing whereas before they just couldnt contain themselves from their outpourings of malice and prejudice on the subject.
Geno
Edited Appendage
Prior to the sale RFC had a debt of 18 million which according to all reports at the time was sustainable as they were reducing it year on year.
Who wanted the sale to go through and for what purposes?
Do you really think Lloyds Bank were struggling for their money?
Dirty deeds were done at high levels within banking and government levels aided and abetted by HMRC.
davydumper
Well-Known Member
George imo you have summed up the whole debacle in 5 lines perfectly.
Blue Skies At Night
Well-Known Member
& yet people were trying to say the constant misinformation & untruths from media circles weren't financially detrimental. It pretty much legitimised the whole charade.
ibrox40
Well-Known Member
prize money, tv money, euro money, players walking away on a free, the redundancies of staff, not hypothetical it happened. We must have a case
Brother Crockett
Well-Known Member
Unfortunate analogy their brother. Might want to rephrase
trueblue77
Well-Known Member
These are oldco issues mate.
Laudrup11Cooper
Well-Known Member
BallaratBear
Well-Known Member
There’s a pic somewhere showing an entire dept in the tax office dressed as zombies at a work function. These scum bags should be facing their jotters in the morning.
ibrox40
Well-Known Member
I hope the board and Murray don't surrender as easy, on talksport they were discussing damages
HendrixBear
Active Member
We always knew we got fucked over big time but reading that makes my blood boil. Disgraceful.
Brother Crockett
Well-Known Member
He could, but hopefully there is a massive fall out from this. What low level paper gatherer, Lord, insider etc actually forced the sale. I think the financial impact of this could be secondary to the house of cards which may, and emphasis on may, be about to tumble.
All the conspiracy theories on this outrage and the political influences on football cover-ups seem to be converging.
Grei9
Well-Known Member
Yeah mate 18mil and had sellable assets as in players valued at, at least double that. my Grandfather was a bond holder and My family where small shareholders in the old co. It hurts now as it did then that we lost it all due to lies, hate, corruption and incompetence.
trueblue77
Well-Known Member
Surrender ? Not quite. Trust me, nothing would please me more than to see every rat that put us through that ordeal held to account and for our club to be compensated. I could be wrong, and I hope I am, but surely damages would be payable to the company rather than the club. In that case would it not be the old TRFC plc. that would stand to gain ?
Last edited:
Brother Crockett
Well-Known Member
My first thought on this is that it simply cannot be true. Operation Tango from them.
in some ways, it is unbelievably sad for those no longer with us to have never have seen the truth come out.
Hopefully big Smilie gets the scaffolding business for the new wing on the Bar-L that will be needed if true. %^*&, I don’t care if Murray supplies the steel for the bars on the cells.
in some ways, it is unbelievably sad for those no longer with us to have never have seen the truth come out.
Hopefully big Smilie gets the scaffolding business for the new wing on the Bar-L that will be needed if true. %^*&, I don’t care if Murray supplies the steel for the bars on the cells.
baystatebear
Well-Known Member
Although I cannot (at least for the time being) offer definitive proof that the events surrounding Rangers 'tax problems' that were subsequently used as a pretext - if not to destroy Rangers, then to inflict crippling damage on the club - was nothing less than a carefully orchestrated plot hatched by the club's enemies.
It has long been my hope that at some future point a diligent investigative journalist would dig into the circumstances that brought all of this about and name names. That would make for interesting reading indeed!!!
It has long been my hope that at some future point a diligent investigative journalist would dig into the circumstances that brought all of this about and name names. That would make for interesting reading indeed!!!
Brother Crockett
Well-Known Member
You mean “feet nailed to the floor”
Brother Crockett
Well-Known Member
Possibly. But could then the old company, after paying its debts with its millions in compensation then make a huge donation to the current company.
not sure over the SFA liabilities, they may say they acted on the available information.
Eugene Fraxby
Well-Known Member
My money would be on a bald war criminal.
Coza
Well-Known Member
Those of us who paid close attention to all of this from the outset knew something/everything was rotten in the state of Denmark.
I am however stunned that the truth or at least a straw man of the truth could be coming out for the world to see. If Craig Whyte never got Duff and Phelps appointed administrators we would have been out of admin inside the week. It was a snow ball of events orchestrated in parts and probably worked out far better than the instigators could ever have hoped.
I am however stunned that the truth or at least a straw man of the truth could be coming out for the world to see. If Craig Whyte never got Duff and Phelps appointed administrators we would have been out of admin inside the week. It was a snow ball of events orchestrated in parts and probably worked out far better than the instigators could ever have hoped.
ibrox40
Well-Known Member
Dave570
Well-Known Member
John Reid?
Coza
Well-Known Member
If King along with other oldco shareholders sued and won enough to increase their pay out from oldco’s eventual wind up (post BDO exorbitant fees) there would be an unpalatable element like a certain Craig Whyte benefitting greatly.
The whole chain of events and strange mix of genuine fucked over shareholders and nefarious characters like whyte is an intertwined mess the second Murray was taken over by Lloyd’s.
To see proper resolution to the slighted individuals concerned would involve multiple court cases and a probable by product of dicks like Whyte benefitting.
In the end the true stakeholders royally fucked over, the fans, will never get closure on this.
The whole chain of events and strange mix of genuine fucked over shareholders and nefarious characters like whyte is an intertwined mess the second Murray was taken over by Lloyd’s.
To see proper resolution to the slighted individuals concerned would involve multiple court cases and a probable by product of dicks like Whyte benefitting.
In the end the true stakeholders royally fucked over, the fans, will never get closure on this.
