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RE: RIFC - TIN TIN - 09-07-2015
(08-07-2015, 12:59)Larry-AV Wrote: This relates to the appeal by HMRC against the rulings on EBTs used by Rangers' Oldco.
Perhaps it is appropriate that this matter should resume on Budget Day !
BTW, the Oldco has not 'been liqudated', if it had been liquidated, it would not exist.
If it does not exist then against whom, or what, is HMRC contesting this Case ???
Skysports - Rangers 'big tax case' goes back to court
Are you serious larry? Rangers were liquidated- end of.
RE: RIFC - St Charles Owl - 09-07-2015
Even the article states this case is against the company that was liquidated in 2012. I cannot see how that is up for debate!!! Seems the reason why HMRC is still pursuing this is that they fear the first case caused a precedent that could open the door for other companies to do this and they want to win it to remove the option completely. In reality, even if they win this case they won't technically get anything from the company but they will set a legal precedent to stop others doing this and to possibly go after those individuals who benefitted from it.
RE: RIFC - TheWorthinGer - 09-07-2015
Let's try and keep this factual shall we - regardless of what the article says.
The company that used to own and operate Rangers FC has not been liquidated: it was placed in liquidation. There's an important difference. The company continues to be run - by BDO - to the benefit of its creditors: over 24 million from Collyer Bristow for instance to be shared amongst them.
The company can't be liquidated - that is cease to exist - until the tax case has been settled once and for all because HMRC are claiming such a huge percentage of outstanding debt because of it.
You could, if you wanted, pay off all af the debts and continue to run that company - altbough it did sell off its main business years ago.
RE: RIFC - Larry-AV - 09-07-2015
It is because of the sloppy language used by most journalists : 'liquidated' ... and/or ... 'wound-up' ... that I keep having to remind folks that the Oldco has NOT been liquidated or wound-up.
As Worthing has said, the Oldco is 'in liquidation' and depending on the outcome of the HMRC and Collyer Bristow Cases, it may not need to be liqudated or wound-up at all.
Time wil tell, but for now, matters are ongoing.
RE: RIFC - Larry-AV - 29-07-2015
I am not sure what this is all about, I just hope we are not going to have yet more Boardroom (Boredroom) related squabbles.
Ranger FC - Shareholder Information
RE: RIFC - TheWorthinGer - 29-07-2015
Quite simple, Larry:
"Who are you?"
"Not telling."
"Your shares are suspended until you 'fess up."
RE: RIFC - Fredstersafool - 29-07-2015
Bring Charlie back out in the open???
RE: RIFC - supercooper - 29-07-2015
Whoever they are, they stand to lose money.
RE: RIFC - Fredstersafool - 29-07-2015
Only if they don't divulge
RE: RIFC - Trusevich - 31-07-2015
So, despite the abounding rumours, Rangers have announced the appointment of a new ISDX Corporate Advisor.
The push for company listing seems to be progressing satisfactorily.
http://www.rangers.co.uk/news/headlines/item/9737-corporate-advisor
------------------------------------------
In other news, it appears that both Graham Spiers and the BBC's Senior Football Reporter Chris McLaughlin have been excluded from press duties at Ibrox by the club.
Of course, they'll now play the martyr to their adoring acolytes, instead of focusing on exactly why they were banned.