Rangers Rumours Archive October 25 2011

25 Oct 2011 22:49:23
On the official HMRC website they are offering an amnesty for company's who used Employee Benefit Trusts (which is what they are claiming Rangers did) as they know there is a good chance they will lose any court case. If people settle they admit they done wrong so wont be able to claim their money back of Rangers win their cases. Arsenal were told they owed £300 million and HMRC accepted £10 milli...on as a settlement. This is why Whyte is so confident in winning the tax case. What Rangers did was classed as tax avoidance which is perfectly legal - only tax evasion is illegal. Please share this with all Rangers pages to start to get some positivity about the tax case - it isn't as bad as it is being made out

Do u have a link to the part of the site please?

Something still smells, are we about to join the English league with these two new companys in England? is CW forcing
Administration so he can get into EPL eventully? Where are we going to be based as you have to be in England to join. and can he really call it Glasgow Rangers,would FiFa no rise an eyebrow.
stating Glasgow is in Scotland? and where would that leave Celtic and the SPL/SFA?.Scottish clubs depend on Ranger and Celtic going to there grounds with there fans? i can see the Attraction of the EPL and money and tv rights etc.but wont Scottish football fall into the Abyss and if Celtic followed , and would the EPL now become the BPL, then Fifa could force Scotland and England to Unite ?? so many question unanswered what will happen, CW said Rangers will be here forever.........But where and what form?? Ed could you enlighten us on any info?? John Dolan

A lot of ifs buts and maybeys there but one incorrect point is you dont have to come from or be registered in england to play in the epl as swansea have proved as would cardiff if they hadnt bottled it in the play offs twice

Ive been telling you for a long time HMRC have never won a trust case

Yes ok ifs and buts, but would Rangers be Rangers in English Non league to start with??? could we actual say yes this is the Gers ?? playing Darlington tonight?
it would be hard pill to swallow for some fans i think? then they work there way up the leagues, with mostly english a few scots and handful of others, and say there home gound is in north london somewhere how many Gers fans would go week in week out ?? John Dolan

The Arsenal 'case's was about image rights not the EBT scheme that we are being pursued over. Not the same thing unfortunately. Still hopeful we can get a good result but nervous times ahead.

Do you people not have a clue about football to notice that both swansea and cardiff both play in the english leagues last time i checked they were welsh not english and their home grounds are in wales. Your home ground does not have to be in england behave yourselfs im not saying its going to happen im just sayin try and leard about football before you post mince

WE LOST THE TAX CASE....WE ARE APPEALING IT!!!!!! WE LOST THE CASE!!!!!!!!!

To go a long with this rumour, I work within a large well know financial house and its true, HMRC can NOT go back ten years and try to claim back tax for ''off shore'' payments, a simillar case was taken between vodafone and HMRC and all they had to pay was �6m no word of a lie. So I think we will pay is �10 mill or under

If you go to the hmrc website and type ebt into the search option, it'll bring up the bit about the settlement offer. it would appear from their own statement that they cannot go back to prior to when the new rules came into place.

If you go to the hmrc website and type ebt into the search option, it'll bring up the bit about the settlement offer. it would appear from their own statement that they cannot go back to prior to when the new rules came into place.

WE LOST THE TAX CASE....WE ARE APPEALING IT!!! WE LOST THE CASE!!!!!


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Absolute rubbish that is what November is all about

Utter rubbish...Tax avoidance is perfectly legal...Evasion and Avoidance are both NO NO's..All monies have to be paid back in both cases...Evasion means jail...And the case has been lost..that's why there's an appeal..Arsenal owed �300 million...tax man accepted �10 million..HaHa..so if owed �3000 they'd accept �100...must try that one...

�10 million or less. That's ok then. From an owner who couldn't / wouldn't pay tax bill for less than �2 million!!Whyte will make money on his deal...No one else will come out well...Including Rangers

26 Oct 2011 22:32:03
Here is the link: www.hmrc.gov.uk/employers/employee-benefit-trusts.htm

26 Oct 2011 23:43:00
For the original poster..read this. news.bbc.co.uk/sport1/hi/football/14930737.stm

Rangers may have evaded tax even though they use EBTs (which are legal as you say as they are tax avoidance)

Calm down everybody ! It's a sticky situation, that's true, but we've got a great new owner with bags of money and even more integrity. If it all falls apart, some bear sugar daddy like David Murray, for instance will come in save the club and before you know it, we will making making enormous transfer bids for people like Flo and Beattie and the like. The futures bright, it's orange. Or to be more accurate RED

Rangers have done nothing illegal. It's all a conspiracy from HMRC, FIFA, UEFA, the BBC and Greggs

WE LOST THE TAX CASE....WE ARE APPEALING IT!! WE LOST THE CASE!!!


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Absolute rubbish that is what November is all about.
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Actually November is all about finding out how much the liability is, not whether there is a liability. Rangers are exhausting every avenue of appeal and having their lawyers trawl through every piece of paper regarding the liabillity in an attenpt to slow the process down. With the cashflow problem Rangers have just now, and with no new cash injection admin is inevitable.

We lost the tax case, yes for 2.8 million pluss fines that is the only tax case as the other monies are being decided in November, The 2.8 is for different reasons

A sensible businessman has many out's of a situation. Whyte is employing good people to explore all of these and the part about English identities is purely and simply another option....The amount of companies that are registered every year and website domains registered - just in-case - they are needed by businessmen and companies is huge....Why only have one, or two possible outcomes to any given situation? AND WHY SHOW YOUR HAND IF IT LEADS TO A REDUCTION IN OPPORTUNITIES? Keep the faith peeps!

Guys, have no idea what everyone is posting that Rangers can win this case, the board know they have lost, what we now face is finding out how much we owe, and finding a way to pay it, and at the same time maintaining the good name of Glasgow Rangers FC. Guys get real, this is a fight already lost, the next fight is saving Glasgow Rangers without severe penalities, like lossing points, the league or worse being excluded from next years Champions League

Doing a finance degree, EBT case is lost! We are appealing it to little avail! We will be fined!

25 Oct 2011 18:25:30
STV News reporting that some guy in England has set up two compnaies called Glasgow Rangers FC Limited and another one Glasgow Rangers this to me sounds like we will enter admin then straight back out based in England

Well if that is the case it will be in the non league and have to work there way through all the leagues as teams have to get promoted into each league like the championship and premiership.

So i very much doubt it.

Either that or a tic supporter is making it impossible for us to get a name close to ours.. probably not true but its a thought

By the end of November rangers will be in administration, 100% certain. White will get more than he put in and rangers will resurface in the English lower leagues....

The guys name is Gerard Moran an he wont answer any questions y he registered the companies looks to me as a tim takin the p*** no1 behind the club would do something so bold without having any answers

Them that would mean a new ground as a team ground must be in the country that they play in.

Although i do agree administration by end of november and cw will walk away with more money than he put in but that would not be hard as he only put in a pound.

Was it not Leyton Orient he was going to takeover and re name them Glasgow Rangers and transfer our players to them and build a new stadium? Something like that anyway

I'd be disgusted if Rangers re-branded. We are the biggest, best and most successful Scottish club, we have a proud history and fans who are so passionate about the club. There is no way that we are setting up in England, we're a Scottish club and I hate plastic clubs. There will always be a Rangers, WATP.

I have it on good authority from someone that works in ibrox that cw will call in the administraitors before the beginning of dec and rename the club glasgow rangers 2012.

Glasgow rangers 2012 wtf r u on drugs

Thats brilliant r they gonna change theyr name every year then ? lol

I have it in good authority that Glasgow Rangers 2012 poster is a FUD. Believe me I got it from the horses mouth (His Mammy).

I really hope real rangers fans with an I.Q. over 50 realise this is nonsense... i mean take this comment from the top 'By the end of November rangers will be in administration, 100% certain. White will get more than he put in and rangers will resurface in the English lower leagues....' now only someoneclose to WHYTE would have any idea and wouldnt be 100% but this guy cant even spell his name !! Nothing like this would happen that quick, we would be told whyte isnt that stupid ! And how can Whyte get more than he put in if we go into administration? virtually impossible... We will only go into administration if were hit with a big tax if we lose, WONT HAPPEN !!!
FauldsRFC

Load of pish. People have to realise for a start that it is only if Rangers don't come out of Administration that they would have to change the name. Portsmouth, Motherwell, Dundee (twice) have all gone into administration and all come out without any changes to their identity.

It is only when a club cannot find a buyer to take them out of administration that they would cease to exist and have to start again, like Airdrie United.

Have posted a few times before warning off financial armageddon.Last time was only last week(Ed,please confirm my IP address so posters know I'm genuine).Have said before things are bad.Last week I posted that Heads in sand and a chorus of"We Are The People" would not solve anything.

The two new companies registered today may or may not have anything to do with Rangers,I honestly don't know.What I do know,however,isthat the club is running out of cash rapidly and may be in administration by Friday.I may be,and hope I am wrong,but that's the way it is.The worrying thing is,if HMRC don't accept a payment plan,then full liquidation will probably follow.The club,in its present form will cease to exist.That,my fellow bears,is how serious things are.As I said before,No amount of WATP or 4in a row chants will change anything.Would love to be proved wrong.

Ed,please confirm my info if you can just to let posters know I'm not a phoney. {Ed001's Note - you do realise that an IP address changes don't you? It is not a permanent thing mate, so I can't confirm it based on that and you have not identified yourself in any other way, so you are completely anonymous and could be anyone.}

I actual know the guy thats being named gerry moran an he is frim high wycombe just like being reported he is a celtic fan an he is an estate agent


T-Bear

Well if thats the case and your right to the poster above t-bear then fair do's but if your wrong then u should buy us a pint fir huvin to listen to s**te like that if we all post our name n a meetin place

no offence mate but i think that is a load a guff you dont list who yor source is or who you are and also how u managed to get this info

Wullie

Could always just get a bank loan again, were currently out of debt but if we do loose any tax case our assets alone would be enough to cover the loss, ...ibrox and it's surrounding ground,murray park,even the players. selling the first team would cover it, perhaps the reason CW keeps banging on about us focusing on our youth players in the future

What a pile of poo! Mr Moran is only the solicitor dealing with the opening of the companies. Legally he has to go down as a director for the first interim period but will have nothing to do in the long run.

Without going into the jargon I believe that the companies are being split in order to achieve a few things.

Firstly it is to protect certain assets. The property owned by Rangers going to one company and other assets and debts to the other.

I believe this is precautionary and means that if things do go tits up they will not be able to take Ibrox/Murraypark as payment!

I also believe part of these companies will be used to maximise income on our unecessary assets like the land round Ibrox etc.

It is a tactic used by businesses all the time to protect different arms of a company if another is failing. e.g If Rangers had Company A and Company B. Then Company A fails, no-one could take any money/assets away from company B as they are different businesses!

No need to worry yet lads this is just precautionary at present and is a wise move as it means Rangers will always exist in some form no matter what the outcome!

Bluegenius

Wullie where's snowy?

Wullie it aint a source i have not spoken to him as he has blocked all contact since that name has come out i am just telling u what i think as its his name getting reported an he is an estate agent not a solicitor

T-Bear

Bluegenius

How can rangers be split up now and then if the tax bill comes in they cant touch this that or the other. surely this can only happen after they come out of administration if they do.

As far as I know (not 100% sure) there is not a lot to stop someone doing this.

Say i start a company called Ibrox Services. Then Rangers sell me the stadium for �x. Then if Rangers were to go into admin nothing can happen to Ibrox as it is now mine!
This is common practice these days with a number of companies. I'm not saying this is exactly whats happening but have heard some words banded about the finance and law arena's to suggest this could be what's going on.

On the other hand it could also be that Whyte reckons he'll get more cash if he chooses to sell copmany of in chunks but this is less likely.

Bluegenius

Bluegenius

I understand what people are saying about splitting the assets. It is a common practice for large companies. But... why go to the trouble of getting the name Glasgow Rangers Ltd? If it truly is just a company set up to take over some assets. Why not 'Glasgow 2000 Ltd' or something. It seems strange to make sure he has the name Glasgow Rangers in there. If Mr Whyte was planning this, and he has full knowledge that the media would find this out. Then why use a name that gives them fuel? Sorry but i do think he is trying to sort something out in the English leagues.

I have more news as i have just spoken to ma bro in law who grew up with gerry moran in uddingston an went to school with him as i said earlier i thought he was an estate agent he isnt anymore he has his fingers in all sorts of pies he has stopped all contact with every1 he knows up here apart from family since he has been named FB has gone changed all his phone numbers i was actually arguing with him the last week about the tax-case and he is also tom boyds cousin


T-Bear

Either that or someone is protecting the name or trying to prevent Rangers from buying it back after administration. See Fiorentina case - they had to buy their name back after relegation.....

Aye I had a drink with him last night just before he took me for a spin in his rocket ship to the moon

I heard this today as well but nobody went into any detail about it.

The names used to set up these companies was done by a regular who goes onto the daily record forum(celtic fan ), it costs �15 to register a company it is all part of a wind up and has got totaly out of control it has nothing to do with rangers or its tax issues, the truth will come out soon.

27 Oct 2011 00:47:58
this is the forum on wich the companies were first mentioned ( in a matter of minutes of the companies being registered i have been back on the forum and all his posts have been removed here is a link to the forum

www.dailyrecord.co.uk/football/spl/2011/10/25/court-date-set-for-sion-celtic-europa-league-case-as-bhoys-are-linked-with-swedish-defender-86908-23513491/

Mate it was the same on his facebook an he aint answering calls


T-Bear