chilledbear 16 Posted November 3, 2012 Share Posted November 3, 2012 RICHARD HUGHES, who owns 6.8 per cent of Rangers, is being probed by Revenue and Customs over 17 firms he set up. Co-founder of Zeus Capital Richard Hughes RANGERS last night distanced themselves from a criminal tax investigation into club investor Richard Hughes. The club hit back after HM Revenue and Customs confirmed they were probing 17 firms set up by Hughes, who is co-founder of Zeus Capital, the finance company involved in the takeover of the club. Hughes has a 6.8 per cent stake in Rangers. Last night, Zeus Partners, the company used to create the 17 firms, firmly denied any wrongdoing. And Rangers attacked reports that they were in â??fresh troubleâ? with HMRC. They said: â??The Rangers Football Club have no outstanding issues with HMRC.â? Meanwhile, a finance expert said the probe would have â??little impactâ? on the club. He said: â??The worst impact would be under fit and proper person SFA rules. That would simply mean a parting of the ways. But that is way, way down the road and would be dependent on if there was any conviction.â? 0 Quote Link to post Share on other sites More sharing options...
der Berliner 3,246 Posted November 3, 2012 Share Posted November 3, 2012 But, but, but ... it made a good story on the day :-( On a sidenote, I can't recall the press-behaviour with regards to Dave King in days gone by. There were a few noteable incidents, but were they highlighted like this stuff about Hughes back then? 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted November 3, 2012 Share Posted November 3, 2012 Dave kings tax woes have been well covered. indeed they are covered more here than aa from what I can find out. 0 Quote Link to post Share on other sites More sharing options...
der Berliner 3,246 Posted November 3, 2012 Share Posted November 3, 2012 I know it was covered, but to what depths? Then again, the mhedia right now is on a different level anyway. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted November 3, 2012 Share Posted November 3, 2012 it was fully covered I wound say. 0 Quote Link to post Share on other sites More sharing options...
GovanAllan 0 Posted November 3, 2012 Share Posted November 3, 2012 I've had the the HMRC torch up my arse 4 times in my working life, 3 times no case, 1 case they found out they where due me money. All 4 times I asked why I being investigated, everytime the same answer, because we can. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted November 3, 2012 Share Posted November 3, 2012 its because I keep giving them tip offs everytime you defend green. 0 Quote Link to post Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.