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Traynor admits that rangers fc are dead

Discussion in 'Celtic' started by Albatross, Sep 1, 2012.

  1. RebelBhoy

    RebelBhoy Moderator
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    Ultimately the focus will be on Murray and not the defunct Rangers. i am ok with that. I would think most folk would be.

    The FTT is irrelevant insofar as nobody is going to pay it. I think it is very relevant in terms of the wider implications and, I would think, towards the cosy welcome still being afforded David Murray in media-ville.
     
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  2. Big Audio Dynamite

    Big Audio Dynamite Well-Known Member

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    this is far from over,but they wont believe any of you till it is on stv news.
     
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  3. EspaniaCelt

    EspaniaCelt Well-Known Member

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    I understand what you're saying but for me, I want the truth to come out in full. A bit idealistic and perhaps unrealistic, but if the old club is liquidated owing that massive amount of money in tax I think, as a matter of public interest, it should be made public and more or less as you say, Murray seen for what he was. I'd also like to see BDO take the Administrators to task over what I see as their failure to obtain a good enough deal for creditors and hit Green with a proper bill for the assets which he's now claiming are worth so much more than he paid for them (though not in those words). The result of the 'double-contracts' issue should be dealt with sooner rather than later and if the dead club are guilty then there should be no cover-up and the relevant titles 'won' should be publicly stripped from them.

    Dammit, I want justice and I want it now. I want it not only to be done but to be seen to be done - is that too much to ask in restoring some credibility to a system which would hammer the rest of us if we stepped out of line?
     
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  4. Albatross

    Albatross Well-Known Member

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    Agree with this post. as I have said before BDO should if they do their job properly recover the undervalued assets. If they do not then I would strongly suspect political interference, but even if this is the case then the creditors are being shafted yet again. Hopefully, BDO will do their job without regard to pressure from other quarters. They say they will be forensic and medieval in their investigation and if they are then that should apply not just to e wrongdoers individually but also to the whole sale of the assets process.
     
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  5. EspaniaCelt

    EspaniaCelt Well-Known Member

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    I may be wrong but it also appears that there is a sort of growing consensus that because Rangers FC are about to be liquidated, the huge sum of money which potentially may be owed in the 'Big Tax Case' is somehow now irrelevant as there are no funds with which to pay it. Additionally, the matter would appear to becoming seen as not really of any concern to the SFA or the SPL but rather just between HMRC and the dead club - the only concern for the football authorities being whether or not 'double contracts' were being operated during this period. Such belief is a fallacy, however, as, whilst any amount of tax which may be owed is a matter for HMRC, it is surely a serious concern for the football authorities that Rangers FC may have cheated by using these funds to pay for and field players whom they could not otherwise have afforded had they paid these taxes in the same way as all the other clubs paid theirs. If it is found that the dead club does owe a further huge sum in tax, then should not this fact alone be justification enough for stripping the relevant titles from it, without even considering the issue of double contracts?
     
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  6. Albatross

    Albatross Well-Known Member

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    Good point, but at the risk of appearing pedantic a solicitor may claim that the existence of the debts does not constitute a direct link to any individual players. Now you and I know fine well that the money was used to gain an advantage, but lawyers tend to look for detailed linkage and the dual contracts would prove beyond shadow of doubt that the monies had been used directly in this manner.
     
    #46
  7. EspaniaCelt

    EspaniaCelt Well-Known Member

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    Not pedantic at all Albatross - I certainly welcome and take your point (and indeed knew when posting) that a direct connection between withheld taxes and individual players would be nigh on impossible to prove. Nevertheless, I think my general point is valid in that any potentially withheld taxes will have given the dead club an unfair advantage which amounts to cheating - albeit there may be nothing in either the SFA or SPL rules to allow them to administer suitable retribution. I also think this point should most certainly be highlighted, rather than conveniently buried as the likes of Traynor and other media sycophants would prefer, if the result of the tribunal's findings are that a huge sum in taxes was owed/withheld.

    .
     
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  8. Albatross

    Albatross Well-Known Member

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    Read on KDS that a solicitor who used to work for HMRC said that the only reason a case is delayed for a very long time is when it is subject to criminal proceedings. Now if that is the case the it could be months or even a couple of years before the FTT. Have to say I read that on another source as well.
     
    #48
  9. EspaniaCelt

    EspaniaCelt Well-Known Member

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    Thought I read somewhere that the finding of the FTT was expected by the end of this month?
     
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  10. DevAdvocate

    DevAdvocate Gigging bassist

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    That's what I read. Paul McConville I think.
     
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  11. Albatross

    Albatross Well-Known Member

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    Pauls recent blog gives excellent info from UEFA on what constitutes the club and according to that Rangers Football Club ARE DEAD. Paul then gives a great analysis of why Green wants a share issue so quickly and what he could do to keep hold of Ibrox and Mp himself while selling shares in holding company to them. Would posh masell if it turns out that way. He gives the comparison with Crystal Palace.
     
    #51
  12. EspaniaCelt

    EspaniaCelt Well-Known Member

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    #52
  13. Super hooper

    Super hooper New Member

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    I think we should all be prepared for a major cover up organised by the three unwise men. There is no way that the old Rangers or
    their bastard child Sevco are going to be shown to be as evil and as corrupt as they have been and are.
     
    #53

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