Rangers in administration (lozies)

Meanwhile, Mr Whyte’s representatives said on Friday that a writ had been served on the BBC over a documentary and subsequent reports he had carried on the Rangers owner.

The action is over claims made in a documentary broadcast last October, as well as more recent reports by the corporation on Mr Whyte’s business history.

A BBC Scotland spokesman said: "We can confirm we have received a writ from Mr Whyte. We stand by our journalism, all of the allegations made, and will defend any action vigorously."

CollieBuddz wrote:So Whyte got Ticketus to give him the money he would have got from the next four years season tickets, stuck it in his bank account, and fucked off to London.

Fuck me that's bleak. I want to laugh but it's just too wrong.

Jelavić7|EFC wrote:

CollieBuddz wrote:So Whyte got Ticketus to give him the money he would have got from the next four years season tickets, stuck it in his bank account, and fucked off to London.

Fuck me that's bleak. I want to laugh but it's just too wrong.

It's in his bank account so that the admins cant touch it and he only went to the admins hq in London.

CollieBuddz wrote:

Jelavić7|EFC wrote:

It's in his bank account so that the admins cant touch it and he only went to the admins hq in London.

But surely now that the admins can't touch that money, liquidation is all the more likely.

The Maestro wrote:I'd like to know what people think in regards to the titles Rangers won which were financed by tax evasion? If they are ultimately found guilty of financial doping, then should they be stripped of all trophies won during that period?

Should they be liable for compensation to the teams who lived within their means for the competitions they missed out on participating in?

Being liquidated is not in itself a punishment, it is a consequence of not being able to run a business. Should all records of their success during their period of tax evasion be expunged from the record books?

ResurrectionRooney wrote:It's not cheating you thick shit. It'd destroy the legitimacy of the competitions in question if you went back and stripped a team of the title because they didn't budget properly.

The Maestro wrote:I'd like to know what people think in regards to the titles Rangers won which were financed by tax evasion? If they are ultimately found guilty of financial doping, then should they be stripped of all trophies won during that period?

Should they be liable for compensation to the teams who lived within their means for the competitions they missed out on participating in?

Being liquidated is not in itself a punishment, it is a consequence of not being able to run a business. Should all records of their success during their period of tax evasion be expunged from the record books?

No mercy! Strip 'financial dopers' Rangers of their titles, says Lennon
By BRIAN MARJORIBANKS
Last updated at 11:26 PM on 17th February 2012
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Celtic boss Neil Lennon will call for Rangers to be retrospectively stripped of their ‘tainted titles and trophies’ should the crisis-stricken Ibrox club be found guilty of ‘financial doping’.
The Parkhead manager cited drug-cheat cyclist Alberto Contador as a sporting precedent, with the shamed Spaniard earlier this month having been stripped of his 2010 Tour de France and 2011 Giro D’Italia titles after testing positive for the banned substance clenbutorol.
Lennon is awaiting with interest the results of the tribunal into Rangers’ use of Employee Benefit Trusts (EBTs) between 2001 and 2010, which could land the Ibrox club a £75million tax bill.
And the Northern Irishman warned if it is proved Rangers ‘cheated’ him out of titles as a player in 2003 and 2005 - as well as Gordon Strachan’s team in 2009 and Tony Mowbray’s side in 2010 - by spending money they could not afford, he will be pursuing the matter with vigour.

The title? I'll believe it when I see it: Celtic manager Neil Lennon
‘A journalist recently used the expression ‘financial doping’ (in reference to Rangers) and, for me, doping is a sporting term for cheating,’ Lennon said.
‘And, in athletics, if you are caught doping, you are banned. Alberto Contador got stripped of his Tour de France win in 2010, so there are precedents there.


‘If it has had a direct effect on me in my playing days, I will come out and say something at that time.
‘As it is just now, it hasn’t been proved. But they (Rangers) are in administration for a reason and I am sure you guys (the media) will get to the bottom of it.
‘It’s not my business, not our club’s business, but it will be my business if it has affected me as a player or previous managers and has denied us titles and trophies in the past.
‘It’s all hearsay and hot air at the minute but, until the findings are out, we as a club won’t comment any more on it.’

Sympathetic ear: Lennon aware of the task Ally McCoist (above) faces
It was put to Lennon that stripping the Ibrox club of their titles and cup wins retrospectively will not give Celtic the elation that comes with winning the SPL at the time.
He said: ‘It wouldn’t but it doesn’t mean to say that we won’t be angry about it.
‘And if we do win the title this season and people want to say it has been undermined (by Rangers being deducted 10 points and going into administration), I will have plenty to say about devalued titles over the years. That’s if we win the SPL, by the way.
‘I have great sympathy for my counterpart (Ally McCoist), having to go through what he is going through at the minute when it has nothing to do with him.
‘I have sympathy for the players too, obviously. And it’s a really tough time for a lot of people at the club but, while I have sympathy for them, I have no sympathy for a lot of other people involved.’
Lennon admitted the club’s supporters were unhappy with both First Minister Alex Salmond and Prime Minister David Cameron’s pleas that HMRC should work with Rangers to help them out of their crisis.


He believes the Celtic fans are left wondering why there was not such a clamour to save their team when it was on the brink of going bust 18 years ago.
He said: ‘There is more disquiet among the supporters (than the club). I think their view on it is that there wasn’t much help coming our way in 1994, so why should other clubs be treated differently.’

Troubled times: Ibrox men have fallen 14 points behind Celtic
His comments came just 24 hours after Celtic issued a stinging rebuke to Salmond for claiming the Parkhead outfit could not prosper without Rangers.
If the Ibrox club do go bust, Lennon admits he would miss the rivalry and he claimed there was hypocrisy among people now claiming the Old Firm rivalry is good for Scottish football, with the first anniversary approaching of last March’s ‘Shame Game’ when he and McCoist famously clashed on the touchline.
Lennon said: ‘The club made its statement yesterday and I endorse that. We are talking hypothetically here because the administrator says there is a good chance liquidation will be unlikely.
‘But it (Rangers) would be a loss to football, that’s for sure.
‘The thing we would all miss (if Rangers die) are the games. World football would miss that because it is the ultimate derby game.
‘But the ironic thing is that last year we had the “shame game” and everyone was coming out and saying we don’t need the Old Firm. Now everyone’s saying we do need it. They can’t make up their minds.’

The Maestro wrote:They didn't even learn their lesson. We've learned this year it has been proven they've done it again. Being pursued for £9m unpaid tax since Whyte took over, which just put them into administration. But they've already had a £9m advantage over the other teams already. How is that not cheating? That's just this year.

Defrauding tax has been found guilty on three occassions now. They've lost the small tax case .. defrauding tax .. This £9m since Whyte took over .. defrauding tax. And the big tax case, which is from David Murrays reign at the club .. defrauding tax



Shall we go through the figures over the last decade?

Murray International Holdings do a debt for equity of £33m.
Then you had the Murray International Holdings underwriting of a share issue at £50m
= £85m going into the purse of Murray International holdings!!
That £85m Murray International Holdings have, along with the £20m of Kings money, £12m of which King got back, with £8m written off of the £12m he got back, absored by Murray International Holdings.
= £97m Murray International Holdings took on board!!
Murray International Holdings are now under ownership of Iberia Equities, who are a wholly owned subsidiary of the Lloyds Banking Group, which are owned by predominantly .. The tax payer.
Thats's £100m that tax payers have written off!!!

....

Then you've got the SMALL TAX CASE which has gone up to £4m
Then you've got the BIG TAX CASE regarding EBT's which is £49m
Then you've got the £9m PAYE and national insurance this year, which Whyte hasnt paid since his takeover

Now that's £162m of tax payers money which subsidised Rangers Football Club over last 15 years to be successful.

All of it.. paid for by the tax payer. Paid for by Aberdeen fans, Dundee United fans, East Stirling fans, Albion Rovers fans, Celtic fans, Nottingham Forest fans, Everton fans, Manchester United fans .. paid for by the tax payer.


They've created an uneven playing field by gaining an unfair advantage over other teams, teams which have lived within their means, while Rangers spend money which isn't theirs. Theft from the tax payer, to pay for success, to purchase players that would have been unobtainable had they operated honestly.

Tell me that isn't cheating?? Tell me they are entitled to those titles?


Liquidation isn't enough.

Jelavić7|EFC wrote:Someone has posted the article on RM from the sun, apparently Craig Whyte's advisor is also a pornstar

The Maestro wrote:

ResurrectionRooney wrote:It's not cheating you thick shit. It'd destroy the legitimacy of the competitions in question if you went back and stripped a team of the title because they didn't budget properly.

Wow. Budgeting? It's tax evasion. Tax evasion is nothing more, and nothing less, than CHEATING.

While other clubs lived within their means, Rangers avoided paying tax, in order to pay for things they couldn't afford. That's cheating, any way you look at it. Rangers created an uneven playing field, allowing themselves to purchase players that would have been unobtainable had they operated within the constraints that all other teams have had to operate .. paying tax.

As for destroying the legitimacy of competitions, it has happened in Italy I believe. It's more legitimate than having titles which were won illegitimately.

ResurrectionRooney wrote:A pound coin was thrown onto the pitch at Ibrox. Police are trying to determine whether it was a missile or a takeover bid.

ResurrectionRooney wrote:A pound coin was thrown onto the pitch at Ibrox. Police are trying to determine whether it was a missile or a takeover bid.