slippers Posted February 13, 2012 Share Posted February 13, 2012 The club formed in the 19th century will be dead and all things of value will be transferred to a team with a dif name Huns fc for example (more likely fc rangers or something?) they will get off with it finish 2nd after the points deduction and start a fresh next season! It's a piece of shit but it's the way I see it going! Rangers will be here for a very long time even if it is with a slightly dif name! Business's go bankrupt all the time and lock away all their equipment with any value somewhere else for them to start up with a different name with their equipment from previous company! It's the other business's that are owed money I feel sorry for! Link to comment
Mikeyboy1903 Posted February 13, 2012 Share Posted February 13, 2012 So it appears that by going into admin rangers have fked hmrc over, by meaning hmrc can't liquidise the club? NO and NO HMRC are there Main creditor ..... They will not roll over to them ... They will get money due to them by any means .. Being that selling Murray park or Ibrox. Goodbye McGregorGoodbye DavisGoodbye Naimsmith Anyone that is of value. Link to comment
Stranger_Danger Posted February 13, 2012 Share Posted February 13, 2012 After hearing the news, I decided this had to be my first port of call to get up to date news and to get a laugh, I have not been disappointed! Link to comment
RUL Posted February 13, 2012 Share Posted February 13, 2012 NO and NO HMRC are there Main creditor ..... They will not roll over to them ... They will get money due to them by any means .. Being that selling Murray park or Ibrox. Goodbye McGregorGoodbye DavisGoodbye Naimsmith Anyone that is of value. "Whilst it appears that a consensual restructuring looks unlikely outside of a formal insolvency procedure, the above steps, if agreement cannot be reached with HMRC, will bring an end to the legacy threat of closure and will provide stability required to enable the required investment to be made into the future of the Club. Link to comment
Walt Flanagan's Dog Posted February 13, 2012 Share Posted February 13, 2012 I don't see them surviving if HMRC slap them with that 49 million quid tax bill. People seem to believe a rich businessman will step in from the ranks of the Rangers fanbase.... well, you would have expected said rich fan to have made an appearance before now, but in actual fact all they got was Whyte. Who's going to voluntarily throw 49 million at the Huns? I'd say that would mean actual liquidation. What I can see happening is a new guy bankrolling the replacement club after Rangers are liquidated...anyone with that amount of money isn't going to waste it by putting it into a dying club, it'll be more profitable for them to rebuild a club. Then we'll have the fun scenario of the other SPL chairmen ignoring the fans feelings and allowing them to take Rangers place in the SPL. Link to comment
fine-n-dandy Posted February 13, 2012 Share Posted February 13, 2012 So can we now charge the hun fans double the normal ticket price at Pittodrie? Just say it's administration charges or something? Link to comment
Crossbow Posted February 13, 2012 Share Posted February 13, 2012 The government writes the law and the taxman is their means of survival. The law will not permit Whyte to go into administration to avoid a pre-existing liability. HMRC will still want their pound of flesh and if it takes them twenty years to battle for each bit they'll do it. From their perspective if they don't do it to the huns anyone else owing cash can dodge the bullet in the same fashion. The only way out is beating them in the courts and I don't believe they have the law on their side. ... but watching them squirm should be fun... ... Craig Whyte company director has such a good track record in the courts and in understanding the law.... Link to comment
nazrat Posted February 13, 2012 Share Posted February 13, 2012 Maybe Aberdeen can do the same if we finish more than 10 points above the Pars bet on the rules changing after this... Link to comment
Sandafc Posted February 13, 2012 Share Posted February 13, 2012 STV says that HRMC case is totally separate to the administration and they will be due the money.. http://news.stv.tv/scotland/west-central/297387-rangers-to-go-into-administration/ Link to comment
a1-don Posted February 13, 2012 Share Posted February 13, 2012 Jim Spence says that Hearts are owed close to Link to comment
dervish Posted February 13, 2012 Share Posted February 13, 2012 Made a wee ditty, to the tune of "that's amore": When the debit is sky high Craig Whyte tells one more lieRFC no moreaWhen the tax man issues a Link to comment
Admin Bebo Posted February 13, 2012 Admin Share Posted February 13, 2012 Dundee Utd. owed money from Rangers.Dunfermline owed £80k.Hearts still owed £1 million for Lee Wallace. Would absolutely love it if all three clubs request a winding up order from the courts. Link to comment
Dandyjam Posted February 13, 2012 Share Posted February 13, 2012 Just thinking about that. Afc not getting paid over time from Alukos wages direct from rangers? What happens if he stops getting paid? Does that make us one of Rangers creditors? Interested to know what our position is with this. Link to comment
STANDfreeSCOTTY Posted February 13, 2012 Share Posted February 13, 2012 Murray Park cannot be sold to a property developers as houses cant be built there. The main stand at Ibrox is a listed business so it cant be knocked down,,, unfortunately. Link to comment
E-P-K Posted February 13, 2012 Share Posted February 13, 2012 Dundee Utd. owed money from Rangers.Dunfermline owed Link to comment
At The Border Guy Posted February 13, 2012 Share Posted February 13, 2012 Wow reading that story seems they are due HMRC more than the 50 m reported.... STV news just confirmed this! Link to comment
Mouse Posted February 13, 2012 Share Posted February 13, 2012 :hysterical: :hysterical: :hysterical: I've got a feeling this is going to be a really good week....or set of weeks :mccoist: Link to comment
RUL Posted February 13, 2012 Share Posted February 13, 2012 If it's true about Wallace this may be the news that revokes Romanov's interest in the SPL. Link to comment
a1-don Posted February 13, 2012 Share Posted February 13, 2012 If it's true about Wallace this may be the news that revokes Romanov's interest in the SPL. It could send Hearts under too. Much as I dislike them, Hearts are no old firm and I'd rather they survived. Link to comment
barassie_afc Posted February 13, 2012 Share Posted February 13, 2012 Radio Clyde into meltdown, magic Link to comment
E-P-K Posted February 13, 2012 Share Posted February 13, 2012 Never has reading an official statement from Rangers been so enjoyable..."There is no realistic or practical alternative to our approach as HMRC has made it plain to the club that should we be successful in the forthcoming tax tribunal decision, they will 'appeal, appeal and appeal again' the decision. This would leave the club facing years of uncertainty and also having to pay immediately a range of liabilities to HMRC. Even if the club were to succeed in the tax tribunal, it would still face substantial liabilities. Zero liability will not happen. Link to comment
Mikeyboy1903 Posted February 13, 2012 Share Posted February 13, 2012 Murray Park cannot be sold to a property developers as houses cant be built there. The main stand at Ibrox is a listed business so it cant be knocked down,,, unfortunately. They can easily put a Tesco there nae bother ....... Link to comment
Admin Bebo Posted February 13, 2012 Admin Share Posted February 13, 2012 Radio Clyde into meltdown, magic Debt management and ON SALE adverts in between radio segments. Link to comment
OneBeboMaguire Posted February 13, 2012 Share Posted February 13, 2012 Rumour going about that their under 19 team has dissolved Link to comment
barassie_afc Posted February 13, 2012 Share Posted February 13, 2012 There are a few Huns down at Ibrox already, many more gathering. A lot of boos and calling for Whytes head. Few huns on their forums reckon there will be fights in the stands on Saturday. Internecine warfare magic Link to comment
Iraq_Red Posted February 13, 2012 Share Posted February 13, 2012 One of the funniest things I've seen in ages!! :hysterical: Link to comment
tutankamun Posted February 13, 2012 Share Posted February 13, 2012 BREAKING :- Sky news . Gazza has turned up at Ibrox with a can of lager,some chicken and a fishing rod. Link to comment
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