Rangers Rumours Archive February 19 2012

19 Feb 2012 22:57:04
I heard that Craig wants McCoist out and is eyeing up a move for Billy Davis.

Not this old chestnut.

I heard McCoist wants to stay and wants Craig to go

Dont make me laugh, craig whyte couldnt care who is manager cos he aint giving him any money and he aint paying no bills. whyte just wants to be able to feel safe sitting on his seat. billy davis? he prob thinks he is the captain of rangers.

Shut up wi these ridiculous rumours about white wanting mccoist out sick of hearing these lies

I heard that everyone wants Craig Whyte out!!

Just another timothy tryin tae spout utter sh:+e, craig whyte is not in control of rangers the administrators are allys going nowhere

MF WATP!!

Surely you understand this by now, the administrators are running the club. Whyte's power has been legally removed until the administration is ended

Craig Whyte has NO say at present!

Heard this rumour about 4 month ago
Zzzzzzzzzzzz.......govan_front87

Ally is a nice guy, leave him alone to try and sort out the mess you guys are in. Changing your manager at this time will achieve nothing.
If the guy has no money to buy decent players what can you expect, your youth policy has been a joke for years, so there is not much in the back ground waiting to blossom.

To re-iterate what other posters have already said. With the company now in administration Craig Whyte has no executive powers and no say in the running of the company. If Ally is to go it will simply be to save money, no other reason.

Our youth policy may be poor but still produced hutton adam (premiership players) mcgregor what exactly have septic produced mcgeady an thats it lol you have no clue pal

19 Feb 2012 19:24:46
Sasa Papac and Lee McCulloch have said they will play for free so that other players and staff won't lose there jobs.
I take my hat off to you's guys.

The administrator said that they know where the £24m ticketus money is and it never went to pay loyds banking group.

I can't give a source or my name. You will find out more about it soon.

We Are The People.

Tremendous show of class from these two, if true. I'm sure others will follow if so. Muzz

Great gesture if true but was thinking if all players (except those earning less than �5k per week) where to take a pay cut to the �5 k per week for 2 months Or if club comes out of administration if sooner,would save the club about �1million in players wages alone.that would show how tight a club we are and give the fans a great message that the players are fully behind this.

RESPECT from a Celtic season ticket holder

Sasa papac is probably suspended mind you

Credit to those players if thats true,

sure other players and management will follow suit, even if it is taking a pay cut, as long as they know it going to keep the guys on a standard wage employed..

good to see the rich players looking out for the normal staff..

Jig cant play thats the problem !

Mate ive supported the club for 33 years and Lee is 100% the worst player ive ever seen in our colours, hes better walking just like Davir Weir did and give our youth a chance , bring back wee Hutton and off load Lee Maculloch now theres a step forward for us !

Someone else posting crap face it people will get paid of and it will start next week

Well good luck to them if they love the club that much. Hope youre right mate.

neil j

Heard from Lee Wallace that pretty much the whole first team squad are prepared to take a wage cut for a period with money to be owed back later in order to make sure no staff lose jobs at Rangers.

Even if true! RFC still need to pay the tax and insurance subs on their wages and I guess that to be 20k pm. 18m not in question as to CW actually paying Lloyds, this is the reason CW is now a secure creditor, it's the 24m not going to RFC for the sale of tickets (to his lawyer acct)

I rate lee for his charachter alone his effect on other players is invaluable this comes from a member of management team

Last post can't be a real fan . Big jig puts in 100 % and hats off if he and papac playing for free. Wish a couple of the big earners would follow follow !

I think that in this day and age where footballers get bad rap for money etc....they should be applauded.......WE ARE THE PEOPLE!!

McCulloch the worst, what's Broadfoot then Apele or something, he is the worst without a doubt never known a player to give away so man goals or games in my time watching the Gers for 30 years.

The player who most deserves a pay cut is Davis, He sould be the first to hold his hands up and say, im not playing well enough to merit the wage i get

They should all play for nothing they are loaded

That wouldn't happen. Even if Sasa and Lee both wanted to, the admin would just say "we've got two players who'll play for nothing, so lets get rid of two players who want paid"

I agree with Davis taking a pay cut, don't know what's been going on with him this season, 3 goals in the whole campaign says it all.

What wishful thinking this rumour is, total nonsense. They will all be redundant shortly anyway. Kids only will be playing, the club is running a �1m deficit per month ffs and that is in ADDITION to all the debt.....what part of that do people NOT get !!

19 Feb 2012 14:45:38
have spoken with an SPL Official at
the Golf Club this morning.
Moves are afoot to pay from our tv
monies due the debt to other
member clubs more than a million.
With 9 million a year of ticket monies gone now talk of 7 million of big tax debt now
been talked off as payment over 10 years
years and a current overspend of
10 million annually.
Possibility of no european earnings
for 3 years
We need to make savings of around
25- 30 million on the current budget.
10 years of pain methinks

"at the golf club". ha classic mate, needed a joke to cheer me up. PaulRFC

That would be great,we could do a new record of ten in a row.

Just liquidate us and start again.

Rubbish, funds due to the club must by law go to the Administrator. Another load of rubbish

What aload of bull we aint lost tax case so how can u say that

No point in trying to tell people we are going be piss poor for years because they are completely brainwashed on here.

Why do people post absolute nonsense like this and expect us to believe it.

Just liquidate us. wot a stupid coment do u even like football never heard such rubbish! Do u really want to be known as the team who single handedly killed Scottish football? Ya eejit

Getting rid of some of these rubbish players that have been bleeding us dry with over inflated wages will be a good start.
If cost cutting means that we have to give youngsters a game every week. I think that will only be a positive thing.

Bit cold for playing golf

Sad sad state of affairs. i dont think whyte has come to the table to bargain for a prolonged tax repayment or prolonged income loss over years and years, he would rather see us liquidated and start again cos he knows the sfa wouldnt relegate in a million years gers in the spl means no tv money from sky alex symes from sky has spelled that one out loud and clear. and the other 11 members would vote for us to be there too as it would financial suicide for them not to. a genuine question if the unthinkable did happen and wer liquidated would rangers be free to start again some where else like england even from the bottom tier. cos even if we made it into the championship 2 seasons ther would be like 4-5 in the spl financially i mean? just a thought dont know if that would be viable, there certainly wouldnt be any opposition in scotland cos we wouldnt need permission from sfa,spl or uefa as it would be a new entity. not that i am in favour of this like i said just a question. thanks for listening it been like therapy this.lol

No liquidation pay back what we owe over a few years then get back on our feet the wage bill has been too high for years whos worth 28 grand a week total joke times are hard for us average rangers fans

This is nonsense,Iwas also at the golf club this morning, (shot a '67). Many will try to pre-empt me, but I know too much.

19 Feb 2012 10:35:11
its just been rerported on mainstream news channel that if rangers are found guilty of any tax issues HMRC will indeed work with rangers and allow them to pay debt off over many years ....good news bears

No, the reports relate to the 9 million bill, not the big ax case

There is no guilt in the big tax situation, this tax has not wilfully been witheld but is a debate around the application of the scheme.

Problem is though with no money to pay bills, if Tax is not paid any agreement will be stopped and like Hearts, will face a winding up notice every month. Only difference is, Rangers won't be able come up with the cash each month

Well obviously this is the best outcome all round, if HMRC want to be paid they need to let us earn the money somehow

Whyte wud rather wind it up and start again wud be cheaper for him in the short run as i dont see him hanging around longer than it takes him to resell for a gud profit having the tax lingering on means they are not attractive enough

Hmrc will need to make a deal simple or wind up club. its a shrewed move bringing in adminisrmtrators bcos any payments will hv to be agreed with administrators who hav an obligation to make payments a

The club has to work out a plan of payment to hmrc once we come out of admin in april rangers could well win the tax case who knows if worst comes to worst broker a deal to keep the club alive why would we want to lose our 140 years of history any money due can be paid up to stop insolvancy might be a few lean years but we come out the other side with a bit of credit and honesty

Excellent.I am 47 years old,so basically rangers won't win the league in my lifetime.

19 Feb 2012 07:37:47
don't know if you'll print this but after reading the sunday express there is real evidence that this tax case is a test case for the big banks and multi-national big business in london all using these EBT schemes here's the article that follows >>Rangers are no closer to a final decision on the so-called ‘big tax case’ – HMRC’s bid to reclaim up to £75million from the club for their use of Employee Benefit Trusts (EBTs) under Sir David Murray’s previous regime.

And it was revealed yesterday hundreds of UK businesses are anxiously awaiting the outcome, fearing the taxman could be knocking on their door next. It is believed several major banks, as well as City of London investment funds, manufacturing companies and English Premier League football clubs are also facing repercussions over their use of EBTs, designed to reward high earners.

If HMRC chooses to act, it is believed that the potential tax claims could reach a staggering £2billion.

Neal Todd, a lawyer at Berwin Leighton Paisner and an expert in tax planning, revealed his company alone has knowledge of some 300 inquiries launched across Britain.

He said: “There is a deep anxiety that EBTs are now being challenged [by the Revenue] in a retrospective way. The amounts at stake are potentially sizeable as this was a widely used way to remunerate staff in a tax-efficient manner for many years.

“We have seen an onslaught of challenges; undoubtedly there will be litigation on them. If Rangers lose, there will be considerable worry in the City.”

One Rangers adviser confirmed that the taxman was keen to set a precedent for their bigger targets in England.

He said: “The HMRC consistently refused to settle our Employee Benefits Trust case because they saw it as an important test case for other businesses and individuals.”

You have to wonder about the ramifications of HMRC pursuing two billion quid in retrospective taxes given the state of the economy.

However I'm unsure of one thing that someone can maybe answer - why are HMRC using Rangers as a test case?

What are the reasons behind selecting Rangers if there are potentially hundreds of businesses, including other football clubs, owing more than Rangers do?

I don't doubt that is true, But I also believe that the case has been lost by HMRC, due to insufficient proof against Rangers, And that is why Judgement has been delayed, as another 3 test cases are awaiting Judgement that have been proved, the investigators who put this case together against Rangers are Top investigators ,But the team sent to Edinburgh last week are of the Highest office,The are Known within the Revenue as the Hit Squad, and have been instructed find some justification for the Rangers case being brought, This team have been responsible bringing major fraud cases to court and over the past 3 years have won cases that have seen sentences of over 1,000 year imprisonment being dished out to offenders, What was a test case has become a vendetta against Rangers Football Club.

Usual test case used in scotland again

Rangers are an easier target as the EBTs have not been operated as advised.

If rangers are found guilty. most of the big clubs in the uk will be under investigation soon. graeme

I've also heard that Rangers have won the "big tax" case, but won't receive the judgement until April. Problem is that Rangers will lose their Uefa registration if they don't come out of administration by 31st March - HMRC are going to try to use this to their advantage.

What i heard was a certian telecommunications company are one of the EBT taxe cases and they are due 100's of millions but HMRC couldn't go up against a company of that size first as they wouldn't win. They seen Rangers as an easy target to get the ball rolling and them to be in a position where they know they will win. Its just bad timing with Whyte not paying the PAYE so. I don't think HMRC will back down on Rangers. They will follow this till they win. If they lose this case then they will lose all the others.
Don

But of course if they don't win the Rangers case that changes the game entirely.

In what way is Rangers losing their UEFA registration an advantage to HMRC? surely denying us a source of income is the last thing they need

Rangers need to agree a settlement with HMRC to get out of admin before 31March, otherwise Rangers won't be able to play in Europe. Puts HMRC at an advantage for getting the most they can out of a CVA settlement.