Jim1955 12 Posted February 23, 2012 Share Posted February 23, 2012 Stv now reporting that unpaid tax since CW's takeover amounts to 15 million not the 9 previously reported. 0 Quote Link to post Share on other sites More sharing options...
der Berliner 3,246 Posted February 23, 2012 Share Posted February 23, 2012 And their source is? The administrators? HMRC? ... would any of the parties in talks just now spill any sour beans to the press and make the situation even more difficult? (And believe to be in the job by tomorrow morning?) 0 Quote Link to post Share on other sites More sharing options...
Jim1955 12 Posted February 23, 2012 Author Share Posted February 23, 2012 And their source is? The administrators? HMRC? ... would any of the parties in talks just now spill any sour beans to the press and make the situation even more difficult? (And believe to be in the job by tomorrow morning?) They don't give a source but I give it credence. They also report that the administrators have passed a dossier of information to Strathclyde Police and this has been confirmed by Strathclyde Police. 0 Quote Link to post Share on other sites More sharing options...
ascender 352 Posted February 23, 2012 Share Posted February 23, 2012 Much of what's been reported by various sources over the last couple of weeks as unfortunately turned out to be accurate so I'm guessing this is too. All we need is for Whyte to deny it and we've got our confirmation. 0 Quote Link to post Share on other sites More sharing options...
Jim1955 12 Posted February 23, 2012 Author Share Posted February 23, 2012 Whyte has just denied it according to a statement on the bbc. 0 Quote Link to post Share on other sites More sharing options...
Zappa 0 Posted February 23, 2012 Share Posted February 23, 2012 Whyte has just denied it according to a statement on the bbc. It'll be true then. 0 Quote Link to post Share on other sites More sharing options...
forlanssister 3,050 Posted February 23, 2012 Share Posted February 23, 2012 And their source is? The administrators? HMRC? ... would any of the parties in talks just now spill any sour beans to the press and make the situation even more difficult? (And believe to be in the job by tomorrow morning?) One day you'll have to change your tune.... 0 Quote Link to post Share on other sites More sharing options...
Zappa 0 Posted February 23, 2012 Share Posted February 23, 2012 Some more details - Rangers went into administration last week after HMRC took action over an unpaid tax bill of just over £9m. In a statement released on Tuesday, Mr Whyte claimed that some £4.4m of that total could be attributed to the so-called 'wee tax case' which the club has been disputing. But BBC Scotland has now seen evidence which suggests that statement is not true. Full amount BBC Scotland has seen HMRC documents indicating the £4.1m it froze from Rangers accounts last year to cover the 'wee tax bill' has been used for another purpose. Instead that £4.1m was used to pay VAT due on the £24m Rangers received as an advance on season ticket sales from the London-based finance firm Ticketus. That means the entire small tax bill, totalling about £4.4m, remains unsettled. BBC Scotland understands the administrators are withdrawing the appeal against it. And - contrary to Mr Whyte's claims - the small tax bill is unrelated to the £9m unpaid tax bill. Both have yet to be settled. With the tax bill rising by more than £1m a month, by the end of February the full amount owed will be close to £15m. That does not take into account the potential £49m "big bill" faced by the club if it loses a separate tax case. A spokesman for Craig Whyte said he stood by the statement he made on Tuesday. Despite this, administrators are confident they can get creditors to agree to a Company Voluntary Agreement, meaning HMRC would get a portion of what they are owed without the club going into liquidation. However, BBC Scotland understands this is contingent on Craig Whyte no longer being involved at Ibrox. Meanwhile, Scotland's First Minister, Alex Salmond, has described recent revelations about Rangers' finances as "very concerning". At Holyrood question time, Mr Salmond said administrators faced a very difficult task trying to meet the club's obligations to taxpayers, keep Rangers in business and save jobs. The first minister also said his government would support Ibrox workers if and when redundancies were announced. 0 Quote Link to post Share on other sites More sharing options...
GovanAllan 0 Posted February 23, 2012 Share Posted February 23, 2012 Surely if the court freeze money for one thing it can't be used to pay something else, that doesn't make sense to me. 0 Quote Link to post Share on other sites More sharing options...
Gers4Life 0 Posted February 23, 2012 Share Posted February 23, 2012 This is a bad dream.......... No wait! It's a bloody nightmare 0 Quote Link to post Share on other sites More sharing options...
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