I have recently learnt that the tax evasion scheme that Rangers have recently been found guilty of was in use by over 80 English teams at the time HMRC starting showing interest in Rangers. All but 5 of these teams stopped using the scheme as soon as HMRC showed an interest in Rangers using it.
Those 5 teams were still using the scheme at the point Rangers were found guilty. All 5 are or have been Premier league teams while the investigation and court case have been going on, of the 5, 4 have been relegated in that time one of which more than once (Not sure if that means they've been relegated promoted and relegated again or dropped down the leagues)
They fully expect all 5 times would have to fold due to the level of Tax, penalties and interest involved.
I know this information is a bit vague but it comes from someone with great knowledge and many connections in the tax world.
They wouldn't say who the 5 teams are but pretty much said Sunderland isn't one of them.
Obviously I immediately thought about us.
Those 5 teams were still using the scheme at the point Rangers were found guilty. All 5 are or have been Premier league teams while the investigation and court case have been going on, of the 5, 4 have been relegated in that time one of which more than once (Not sure if that means they've been relegated promoted and relegated again or dropped down the leagues)
They fully expect all 5 times would have to fold due to the level of Tax, penalties and interest involved.
I know this information is a bit vague but it comes from someone with great knowledge and many connections in the tax world.
They wouldn't say who the 5 teams are but pretty much said Sunderland isn't one of them.
Obviously I immediately thought about us.
