RANGERRAB 3,302 Posted July 20, 2013 Share Posted July 20, 2013 The trouble is that I think HMRC will pursue this until they win the case and I don't expect BDO to put up much of a fight. you mean MIH not BDO. MIH are the ones involved. 0 Quote Link to post Share on other sites More sharing options...
UCF2008 0 Posted July 20, 2013 Share Posted July 20, 2013 you mean MIH not BDO. MIH are the ones involved. No, this is what I mean.... HMRC Statement on Rangers Football Club "A liquidation provides the best opportunity to protect taxpayers, by allowing the potential investigation and pursuit of possible claims against those responsible for the companyâ??s financial affairs in recent years. A CVA would restrict the scope of such action. Moreover the liquidation route does not prejudice the proposed sale of the club. This sale can take place either through a CVA or a liquidation. So the sale is not being undermined, it simply takes a different route. Liquidation will enable a sale of the football assets to be made to a new company, thereby ensuring that football will continue at Ibrox. It also means that the new company will be free from claims or litigation in a way which would not be achievable with a CVA. Rangers can make a fresh start." 0 Quote Link to post Share on other sites More sharing options...
RANGERRAB 3,302 Posted July 20, 2013 Share Posted July 20, 2013 No, this is what I mean.... HMRC Statement on Rangers Football Club "A liquidation provides the best opportunity to protect taxpayers, by allowing the potential investigation and pursuit of possible claims against those responsible for the company’s financial affairs in recent years. A CVA would restrict the scope of such action. Moreover the liquidation route does not prejudice the proposed sale of the club. This sale can take place either through a CVA or a liquidation. So the sale is not being undermined, it simply takes a different route. Liquidation will enable a sale of the football assets to be made to a new company, thereby ensuring that football will continue at Ibrox. It also means that the new company will be free from claims or litigation in a way which would not be achievable with a CVA. Rangers can make a fresh start." Rangers were part of MIH who ran the EBT's. Genuinely disagree with what HMRC say. Total arrogance. We won they lost. What are they on about ? 0 Quote Link to post Share on other sites More sharing options...
UCF2008 0 Posted July 21, 2013 Share Posted July 21, 2013 Rangers were part of MIH who ran the EBT's. Genuinely disagree with what HMRC say. Total arrogance. We won they lost. What are they on about ? AFAIK it's because the CVA included all BTC liability, so they wouldn't have been able to pursue it further. I can't remember tbh, but I'd like to think that was the case as I wouldn't expect Green & co to gamble £5m on the outcome of the BTC even if it was other peoples money. Not to mention the ties to Whyte had the CVA been accepted. 0 Quote Link to post Share on other sites More sharing options...
bluebear54 0 Posted July 21, 2013 Share Posted July 21, 2013 In fairness, that's the HMRC mindset in a nutshell. They don't do losing.Absolutley. It's great to be able a start a court case and not give a shit about how much it costs. We pay. 0 Quote Link to post Share on other sites More sharing options...
RANGERRAB 3,302 Posted July 21, 2013 Share Posted July 21, 2013 Absolutley. It's great to be able a start a court case and not give a shit about how much it costs. We pay. We pay ? we pay who/what? this taxcase no longer has anything to do with us. 0 Quote Link to post Share on other sites More sharing options...
crucible 0 Posted July 21, 2013 Share Posted July 21, 2013 We pay ? we pay who/what? this taxcase no longer has anything to do with us. It has absolutely nothing to do with us, it is now BDO and Murray's problem. 0 Quote Link to post Share on other sites More sharing options...
Super Cooper 0 Posted July 21, 2013 Share Posted July 21, 2013 It has absolutely nothing to do with us, it is now BDO and Murray's problem. When the decision is reversed the press will have a field day and make it something to do with us. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted July 21, 2013 Share Posted July 21, 2013 we the tax payer pays. 0 Quote Link to post Share on other sites More sharing options...
crucible 0 Posted July 21, 2013 Share Posted July 21, 2013 When the decision is reversed the press will have a field day and make it something to do with us. Why would it be reversed, two highly qualified legal people tax being their bag disagreed with a person without legal qualifications, I know what appeal decision my money is on. 0 Quote Link to post Share on other sites More sharing options...
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