Bearsden Bear
Well-Known Member
This was in respect of the liquidation of the previous holding company of the Club dating back to 2012.
Rather than publish the whole report here, the following paragraph is probably worth noting:-
"The Joint Liquidators expect to pay the final dividend in the next 6 months and subsequently be in a position to close the case on consignment of any unclaimed dividends. Therefore, it is likely that the next report to the creditors in this matter will be the final report."
All this is after paying HMRC a total of 56 million pounds to settle monies owed from both the old EBT case and the subsequent mismanagement of the Club's finances by Craig Whyte.
Rather than publish the whole report here, the following paragraph is probably worth noting:-
"The Joint Liquidators expect to pay the final dividend in the next 6 months and subsequently be in a position to close the case on consignment of any unclaimed dividends. Therefore, it is likely that the next report to the creditors in this matter will be the final report."
All this is after paying HMRC a total of 56 million pounds to settle monies owed from both the old EBT case and the subsequent mismanagement of the Club's finances by Craig Whyte.