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  1. THE tax office has been criticised after saying it cannot give the cost of its five-year chase of *Rangers in one of the biggest tax claims it has ever pursued. Her Majesty's Revenue & Customs has said it would cost too much to find out the costs. The development has been described as "extraordinary" by Rangers fan groups which have accused HMRC of wasting public money in its "witch-hunt" in pursuit of a "phantom tax debt". HMRC has confirmed it will contest the decision of an upper-tier tax tribunal to uphold an earlier ruling on what is known as the Big Tax Case. That rul
  2. FORMER Rangers owner Sir David Murray and other directors will face no further action over the liquidation of the club's operating company, it has emerged. Former Rangers owner Craig Whyte is the the only former Ibrox executive to face legal moves to ban him as a director over the company's financial meltdown. Mr Whyte was banned from being a company director for 15 years in September after a judge heard his conduct in dealing with Rangers was "shocking and reprehensible". Whyte was previously banned from being a director for seven years. A second ban was sought by UK Business
  3. International Football Club plc ("Rangers" or the "Company") Scottish Professional Football League Limited ("SPFL") Claim. The board of the SPFL has determined that Rangers Football Club Limited (the "Club") is liable to pay the EBT Commission fine of £250,000 levied on RFC 2012 PLC (previously The Rangers Football Club plc) (in liquidation) The SPFL has also decided that this sum will be recovered from the Club by the SPFL withholding broadcasting money and other sums due to the Club but which are paid in the first instance to the SPFL. An appeal has been lodged with the Judicial Pan
  4. Reading McMurdos Blog today, even he knows Ashley will not invest. ''Rangers are sick at heart. The answer is a strong leader but there is no-one on the horizon who fills that role. Everyone involved is hanging on to their own sphere of power and influence at the club. There is no Willie Waddell, no Bill Struth or Jock Wallace to rally the Ibrox battallions and have them face the same way instead of train their guns at each other. Yes, there is Mike Ashley. I am confident that he will step forward and provide both leadership and funding to steer Rangers away from the rocks and back to
  5. At a RFC plc Board meeting the matter of a repayment of funds to Ticketus came up in relation to the transfer of Jelavic. Donald Muir took a great interest in the deal and spent a lot of time to ensure he fully understood it. Subsequently Whyte's interest stepped up.
  6. Some meat on the bones of yesterday's court appearance... http://www.thescottishsun.co.uk/scotsol/homepage/news/6101587/Cash-n-grab.html
  7. I speculated that this was worth a thread on its own. Apologies if not, admin....merge it with Whyte Arrest warrant. However, it is a different revelation (though it may be connected, of course): "In a further development, The Daily Telegraph understands that while Wallace and Nash were still in their posts, documents related to the 2012 share issue were passed to the Serious Fraud Office for investigation. The SFO had no comment to make." It is tagged on here; http://www.telegraph.co.uk/sport/football/teams/rangers/11231964/Former-Rangers-owner-Craig-Whyte-issued-with-arrest-
  8. THE Crown Office will today issue a warrant for the arrest of disgraced former Rangers owner Craig Whyte, the Daily Record can exclusively reveal. Whyte is wanted in connection with alleged fraud over his purchase of the Ibrox club in 2011. The sensational news comes after it was revealed that police forces in England, acting on warrants from Police Scotland, made dawn arrests today in connection with a long-running inquiry into Rangers. Four men were arrested at addresses in Thames Valley, Surrey and Cheshire. The first of the four is Paul Clark, London managing director of fo
  9. http://news.stv.tv/west-central/299623-four-men-detained-after-police-probe-into-sale-of-rangers-in-2012/ I'd like to remind people of their legal obligations in speculating over individuals and alleged criminal behaviour.
  10. Aberdeen have agreed an investment deal that will wipe out the club's debts. As the Dons released their annual accounts, it was revealed their net debt of £14.49m will be cleared if the restructuring plans are approved. Willie Donald and his wife Elaine, who own the Stonehaven-based engineering company WM Donald, will become shareholders in the club. The Pittodrie outfit hope to see the plans given the go-ahead at next month's AGM. Aberdeen chairman Stewart Milne told BBC Scotland earlier this year that he remained optimistic that the club could soon be in a "debt-free position
  11. THE WAR is over. The retailer has won. This morning Graham Wallace will be fired from his position as Rangers chief 
executive and this crisis-ravaged club will belong lock, stock and smoking barrel to Mike Ashley. Quite what Ashley has planned for it is still a matter of conjecture but the ruthless manner in which he went about last week’s power grab certainly suggests he wants it badly and also sees a way to make a killing by rolling his tanks into Glasgow. He now has security over two 
of the club’s major assets, the 
Albion car park and Edmiston House, and when his placemen arrive
  12. ...the Ibrox throne is big enough for Mike Ashley and Dave King. AS King and Ashley continue to vie for control at Rangers, KEITH insists it may be in both men's interests to discover a common ground that incorporates the interests of the club and its fans. THEIR tanks have rumbled into Edmiston Drive, ready for the climactic Rangers shootout. But before Mike Ashley and Dave King begin blowing each other to bits outside the Big Hoose, perhaps it might make more sense for them to find a better way. Maybe, before the guns start blazing, there is a chance for them to discover comm
  13. ...has stopped supporting his three children. SPEAKING after Whyte was handed a 15-year director ban, Hugh Martin revealed his daughter Kim was "not getting a penny" from the former Ibrox owner for herself or their children. CRAIG Whyte ’s father-in-law yesterday revealed the disgraced businessman has stopped supporting his three children. Hugh Martin, father of Whyte’s estranged wife Kim, spoke after t he former Ibrox owner was banned from being a UK company director for 15 years . He said the ban was “irrelevant” as Whyte was no longer in Britain and may never return. Kim an
  14. A judge who banned former Rangers owner Craig Whyte from being a company director for 15 years said his conduct of the business was "characterised by dishonesty". Lord Tyre gave a decision to impose the maximum ban on Whyte from the bench earlier in the week at the Court of Session in Edinburgh after Business Secretary Vince Cable brought a petition. His written opinion was issued today. Whyte, 43, became a director at Rangers in 2011 but it went into administration the following year before being wound up. Lord Tyre said: "Immediately upon his appointment as a director or Ra
  15. Former Rangers owner Craig Whyte has been banned from being a company director for 15 years. The 43-year-old was handed the maximum ban possible after a judge heard his conduct in dealing with Rangers was "shocking and reprehensible". Whyte was previously banned from being a director for seven years. A second ban was sought by UK Business Secretary Vince Cable after Rangers' liquidation in 2012 and the subsequent liquidation of Whyte's firm, Tixway. http://www.bbc.co.uk/news/uk-scotland-glasgow-west-29429752#?utm_source=twitterfeed&utm_medium=twitter
  16. I wonder if anyone knows what the current setup is regarding the contracts for catering and programmes. I know Azure have got a contract for catering, do they pay a licence fee and then they take all the match day takings, or do they pay a lower fee and the club gets a slice of the till receipts? Same with the programmes, does the club get a fixed fee so it doesn't matter how many they sell or is the clubs income from programme sales dependant on the number sold? Anyone?
  17. Suspect the Daily Record will make for interesting reading tomorrow. Will make us even more frustrated though. #justicefortherangerssupport Glad to see what looks like some things HMRC would rather stay unsaid are going to finally come to light. A couple of tweets tonight. Story here: http://www.dailyrecord.co.uk/sport/football/football-news/ex-rangers-owner-craig-whyte-being-3992415
  18. "The Union of Fans were approached approximately two weeks ago, on behalf of the PLC board, to once again try to reach agreement on a binding legal guarantee over the club's assets. These discussions continued and various drafts were passed back and forth. The statement that the board released yesterday was rejected by UoF last week due to the fact that it does not give a binding guarantee over Ibrox and that several misleading statements are made within it. Despite us negotiating in good faith, the board has seen fit to release the statement anyway. We were seeking written guarantees
  19. He lost the vote but I'm surprised that seems to have been the end of it? I don't think much of him but it seems odd he has gone completely quiet. Am I missing something?
  20. Some thoughts on yesterday's HMRC appeal result: http://www.gersnet.co.uk/index.php/latest-news/256-rangers-v-hmrc-a-pyrrhic-victory
  21. Along with the UTT appeal rumours, I'd fancy a few people will not be sitting comfortably over the coming monhts... http://www.followfollow.com/news/tmnw/rangers_creditors_win_24m_settlement_from_law_firm_836024/index.shtml
  22. The board of Rangers (the “Board”) can confirm that approximately 17,000 season tickets have been renewed to date for the Club's forthcoming SPFL Championship season. This level of renewals reduces the potential requirement for short term financing as highlighted in the Business Review Summary published on 25 April 2014 particularly given the updated season ticket pricing structure for the 2014/15 campaign. Applications for new season ticket purchases opened on Monday and sales of season tickets are continuing. The Club very much looks forward to welcoming more supporters back to Ibrox f
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