bbc sportsound had a guy from ernst and young (i think) can't remeber his name. he suggested that hmrc would not go after the players.
I am not so sure yet. I think they'd be more inclined to appeal the decision first. Like I say, I haven't gone through it yet. I don't know how much they have been held liable for yet. Do we know?
no it doesn't say. will be interesting how the spl probe goes now. if the take trophies off them chico will do some teeth gnashing and work the hordes up into a fever. i would fully expect them spl probe to land in the favour of oldco.
It always looked to me like the spl would follow the decision in the tax case. That's why they kept delaying it, as they didn't want to go against the BTC decision.
Yip, thing is, though. Over 30-odd of the employees involved have had their payments ruled to NOT be loans (I don't know if they're players). If the argument is that the SPL probe is dropped because of the decision, it stands to the same reasoning that it has to be pursued for the players whose payments were ruled to be liable.
161. Side-letters, of course, had not been registered with the football authorities, the SFA and SPL. The spirit of their rules was that the whole contract terms should be registered. Suspiciously, no evidence was led as to who decided that the benefits in terms of the side-letters should not be registered. Non-registration of side-letters was incompatible with both authorities’ policing and disciplinary powers. For example any fines imposed on players would customarily reflect the disclosed wage. Nondisclosure would thwart the authorities’ powers. On any view, Mr Thomson argued, Rangers could have sought a ruling from the SFA or SPL about disclosure of side-letters but, clearly, they had chosen not to do so. There was a conscious decision to conceal their existence, and that extended even to the Club’s auditors
Rebelsevco I am sure you have time to study findings fully by now and we await with bated breathe your conclusions as only then we will know what really happened. It is obviously that you hadn't understood much in your fist reading. I cannot see it been a good result for Murray, to my way of thinking it showed Murray to be a complete business idiot. Selling a company that over the years had enjoyed enormous good will from the Scottish match officials, the SPL, the SFA and their disciplinary committees for a misery £1. Murray must have worried that the good will that had got Rangers out of many a tight spot wouldn't exist in the tax tribunal. The poor idiot didn't realise the friends the Rangers club because of their uniqueness in Scottish and British society could be rescued again. Murray should have held on to the love of his life and he would have been able to sell to a decent man with money instead of getting rid of to anyone. This finding could be better for him as it is alleged by some that the tax man may be looking for some £6 m. I don't think that would be a good out come for him. Similarly the very many other players and employees with Scottish traditional name and foreign names won't be too happy with the tax men looking for money. The losers are the Rangers club that died, and the Rangers fans who have decided to follow a new club in the fourth tier and with no history and no trophies.
During the interval there was a cool draught in Hélène’s box as the door opened and in walked Anatole, stopping and trying not to brush against anyone. ‘Allow me to introduce my brother,’ said Hélène, her eyes shifting uneasily from Natasha to Anatole. Natasha turned her pretty little head towards the handsome adjutant and smiled at him over her bare shoulder. Anatole, who was just as handsome close to as he had been from a distance, sat down beside her and said this was a delight he had long been waiting for, ever since the Naryshkins’ ball, where he had had the unforgettable pleasure of seeing her. Kuragin was much more astute and straightforward with women than he ever was in male company. He talked with an easy directness, and Natasha was agreeably surprised to discover that this man, the butt of so much gossip, had nothing formidable about him – quite the reverse, his face wore the most innocent, cheery and open-hearted of smiles. Kuragin asked what she thought of the opera, and told her that at the last performance Semyonova had fallen down on stage. ‘Oh, by the way, Countess,’ he said, suddenly treating her like a close friend of long standing, ‘we’re getting up a fancy-dress ball. You must come – it’s going to be great fun. They’re all getting together at the Arkharovs’. Please come. You will, won’t you?’ As he spoke he never took his smiling eyes off Natasha, her face, her neck, her exposed arms. Natasha knew for certain he was besotted with her. She liked this, yet she could feel the temperature rising and she was beginning to feel somehow cornered and constrained in his presence. When she wasn’t looking at him she could sense him gazing at her shoulders, and she found herself trying to catch his eye to make him look at her face. But when she looked into his eyes she was shocked to realize that the usual barrier of modesty that existed between her and other men was no longer there between the two of them. It had taken five minutes for her to feel terribly close to this man, and she scarcely knew what was happening to her. Whenever she turned away she bristled at the thought that he might seize her from behind by her bare arm and start kissing her on the neck. They were going on about nothing in particular, yet she felt closer to him than she had ever been to any other man. Natasha kept glancing round at Hélène and her father for help – what did it all mean? – but Hélène was deep in conversation with a general and didn’t respond to her glance, and her father’s eyes conveyed nothing but their usual message, ‘Enjoying yourself? Jolly good. I’m so pleased.’ There was an awkward silence, during which Anatole, the personification of cool determination, never took his voracious eyes off her, and Natasha broke it by asking whether he liked living in Moscow. She coloured up the moment the question was out of her mouth. She couldn’t help feeling there was something improper about even talking to him. Anatole smiled an encouraging smile.
Stereo Typist, that was a very interesting we story, do you take we turns to do things like that regularly. May I suggest you hold your head in a bucket of shoite for five minutes. Then shower the shoite off the outside of your head, with a little bit of luck the shoite from the inside of your head may wash away too.
‘Oh, I didn’t like it much at first. Well, what is it that makes a town nice to live in? It’s the pretty women, isn’t it? Well, now I do like it, very much indeed,’ he said, with a meaningful stare. ‘You will come to the fancy-dress ball, Countess? Please come,’ he said. Putting his hand out to touch her bouquet he lowered his voice and added in French, ‘You’ll be the prettiest woman there. Do come, dear Countess, and give me this flower as your pledge.’ Natasha didn’t understand a word of this – any more than he did – but she felt that behind his incomprehensible words there was some dishonourable intention. Not knowing how to respond, she turned away as if she hadn’t heard him. But the moment she turned away she could feel him right behind her, very close. ‘Now what? Is he embarrassed? Is he angry? Should I put things right?’ she wondered. She couldn’t help turning round. She looked him straight in the eyes. One glance at him, standing so close, with all that self-assurance and the warmth of his sweet smile, and she was lost. She stared into his eyes, and her smile was the mirror-image of his. And again she sensed with horror there was no barrier between the two of them. The curtain rose again. Anatole strolled out of the box, a picture of composure and contentment. Natasha went back to her father’s box, completely taken by the new world she found herself in. All that was happening before her eyes now seemed absolutely normal. By contrast, all previous thoughts of her fiancé, Princess Marya, her life in the country, never even crossed her mind. It was as if it all belonged to the distant past.
Stereo trying to show that he once read a book. Nobody should ever be surprised with poor Stereo, its hardly his fault, that he was starved of oxygen when he fell down the steps.
That's the paragraph I have been talking about. What has to be remembered is that it only needs 1 player per season who played many games and was not properly registered for the games to be awarded against rangers 3 nil. Now that then would require the removal of trophies in which he played. UEFA will probably be aware of paragraph 161 and will monitor the Nimmo Smith hearing. I do not envy the members of that panel. If they decide on non stripping of titles, despite some 35 employees, some of whom may be players, being improperly registered and then HMRC decide to appeal and win, then the panel will be made to look ridiculous. I they do strip titles etc and HMRC appeal but lose this time in ALL cases, then again the panel will look ridiculous. Finally, given the content of para 161 they would have to have a very good and well reasoned argument for not stripping. HMRC may appeal if legal precedent applies as if they win the appeal they can then go after other companies and clubs in England, where the rewards would be far greater, 1 billion if I recall correctly. Has also to be remembered that Whyte with held tax and NI to the tune of £15 million including the small tax case. Presumably had he paid these sums then rfc would have gone into admin earlier or had to sell star players to get them off the wage bill, so reducing their chances of gaining access to the CL and consequently failing to reduce the large debt they already had. This could have brought about liquidation anyway. Should never have spent £17m on the likes of Jelavic and Naismith etc etc.
http://forweonlyknow.wordpress.com/2012/11/22/shred-it-owed-444-00/ too drunk to read. anyone want to nutshell this for me? gonna gamble and say no one #nocuntonhear