Bearman 9 Posted November 12, 2015 Share Posted November 12, 2015 Gerry McCulloch is the Clyde 1 host,here he is on the C****c Underground: I listened as far as the 'introduction'...then came back here speedily. 0 Quote Link to post Share on other sites More sharing options...
Anchorman 0 Posted November 12, 2015 Share Posted November 12, 2015 Maybe we should change the words for a week - The scum bhoys have a dream, To help their sorry team, Strip our titles, no shit, then add to their haul, They keep banging on, but when will it dawn? 54 TITLES WE'RE STILL GOING STRONG........ all together now..... Four boys had a dream..... 0 Quote Link to post Share on other sites More sharing options...
ian1964 10,410 Posted November 13, 2015 Share Posted November 13, 2015 Rangers news: Dave King makes passionate argument against stripping club of honours Ibrox chairman makes three-pronged defence of using tax schemes between 2001 and 2011 as Supreme Court appeal against HMRC looms By Roddy Forsyth 8:07PM GMT 12 Nov 2015 Following Telegraph Sport’s disclosure that there is concern amongst some Scottish chairmen that their clubs would suffer financial loss if Rangers are stripped of honours won during the period when players were paid through Employment Benefit Trusts (EBT), Dave King, the Ibrox chairman, has responded with a strongly worded statement of defiance. King was on the Ibrox board when Sir David Murray was chairman and the club was part of the Murray Group, which operated EBTs for employees between 2001 and 2011, during which period they won 15 honours. The use of EBTs – first established in the late 1980s – has been the subject of prolonged dispute between HMRC and representatives of the Rangers oldco, which was liquidated in 2012. HMRC also pursued several English Premier League clubs for tax avoidance schemes, most notably Arsenal, who were the first club in England to use EBTs, but there was no campaign to have honours won by those clubs invalidated. In 2011 legislation closed the most ambiguous areas of EBT use and HMRC subsequently set a deadline for employers to agree a settlement for disputed tax, although the authority’s website concedes that it loses 20% of avoidance scheme litigation in court. HMRC are particularly anxious to win high profile EBT cases in order to proceed with a strong hand in settlement actions. The taxman lost the first two tribunal hearings in the Rangers case but achieved a favourable judgement earlier this month in the Court of Session in Edinburgh, following which there have been calls for Rangers to be stripped of five Scottish Championships, four Scottish Cup wins and six Scottish League Cup successes. However, the issue can still be appealed to the Supreme Court and Telegraph Sport understands that a further round of litigation is more likely than not. Some SPFL club chairmen, who are wary of the consequences of stripping honours from the club, are cautious about making their views known in case of a repetition of fan boycott threats which occurred when it was suggested in 2012 that Rangers could be readmitted to the top flight of Scottish football without having to start again at the bottom. King’s statement referred to his direct experience of the EBT scheme at Ibrox. “As the one individual who was a major shareholder and director throughout the period that gave rise to the HMRC dispute, I believe that I am uniquely positioned to make three important observations,” he said. “First, irrespective of the final outcome of the tax appeal (which might take several more years) the football team had no advantage from any tax savings from the scheme put in place by the Murray Group. Throughout the period in question the shareholders were committed to providing funding to the club. “The tax scheme may have reduced the need for shareholders to provide higher levels of funding so, as I have tried to make clear in the past, any advantage gained would have been to the company and its shareholders, not the team. Certain players may not have signed for the club without the perceived benefit of personal tax savings but there was no general advantage for the player squad, or the performance on the pitch. “We would still have signed players of equal abilities if one or two had decided they didn’t want to sign under different financial circumstances. Secondly, Lord Nimmo Smith has fully and finally dealt with the legitimacy of the continuity of the club’s history. There is no more to be debated on that issue. “Finally, it is extraordinary that representatives of other Scottish clubs – who admit the damage done to Scottish football by Rangers’ removal from the Premier League – should even wish to re-engage with this issue. It is time those individuals recognise their legal and fiduciary responsibilities to their own clubs and shareholders rather than submit to the uninformed ramblings of a few outspoken fans to whom attacking Rangers is more important than the wellbeing of their own clubs. “This is a misguided attempt (that will ultimately fail) to rewrite history and defeat Rangers off the park when their teams could not do so on the park at the time. The history of many other clubs would have to be rewritten if this illogical argument was to be consistently applied. “Having reviewed documentation that has become available to me I believe that Rangers was harshly and, in some instances, unfairly treated in the period leading up to demotion from the Premier League. However, that is now history and I have publicly stated, with the full support of the recently installed board, that we wish to put the past behind us and move on in partnership with all clubs throughout Scotland to improve and restore the image and quality of Scottish football as a whole. “For the avoidance of doubt, however, I wish to make one point clear. If the history of our club comes under attack we will deal with it in the strongest manner possible and will hold to account those persons who have acted against their fiduciary responsibilities to their own clubs and to Scottish football.” http://www.telegraph.co.uk/sport/football/teams/rangers/11992408/Rangers-news-Dave-King-makes-passionate-argument-against-stripping-club-of-honours.html?x 0 Quote Link to post Share on other sites More sharing options...
Bearman 9 Posted November 13, 2015 Share Posted November 13, 2015 Does the 'Goldfish bowl' make us exempt from Arsenal's experience? They can go f*ck themselves then. 0 Quote Link to post Share on other sites More sharing options...
Bearman 9 Posted November 13, 2015 Share Posted November 13, 2015 Apparently 'some cubs' are concerned at the damage this is doing to the game in Scotland. Take a step back and the 'only' concern is CELTIC FOOTBALL CLUB are reaping the fruits from this disaster and not exactly doing it in the 'line of duty'. A horrible club which should be put it their place...Enter The Rangers...and make them suffer like before. 0 Quote Link to post Share on other sites More sharing options...
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