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Rangers Liquidated

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    Originally posted by minestrone View Post
    It might be in a football thread but this ruling could be quite interesting with regards to EBT stuff in general.

    Kind of looks like they have pushed the payments onto the 'employees' for recovery.
    Most of the EBT's (75 of 110) have been judged to be loans and not contractual payments.

    The remaining 35 have further tax due to be paid by employees as these were termination payments.

    You would assume most EBT's outside football, and correctly administered would actually be more likely to be fine based on this judgement.

    There would be no so-called "side letter" for a "normal" EBT.

    Comment


      Originally posted by minestrone View Post
      It has taken years but at last an English journo with a solid reputation for reporting has taken the time to report this tulip we all had to put up with for years...
      We condemn our scumbags, you lot sing songs about yours. Oh that's right, they're only political....



      Originally posted by minestrone View Post
      I think it also sets up the removal of their cups which was good of them.
      Unfortunately sunshine what the Court of Law has decided is that the payments are in no way to be considered remuneration for their footballing services, hence the 'non contractual' bit.

      So quite how the Mickey Mouse tribunal is going to turn that into a secondary contract for services is beyond me, we'll leave that to Timmy Moonbeam to fantasise over.
      "I hope Celtic realise that, if their team is good enough, they will win. If they're not good enough, they'll not win - and they can't look at anybody else, whether it is referees or any other influence." - Walter Smith

      On them! On them! They fail!

      Comment


        Originally posted by Incognito View Post
        Unfortunately sunshine what the Court of Law has decided is that the payments are in no way to be considered remuneration for their footballing services, hence the 'non contractual' bit.

        So quite how the Mickey Mouse tribunal is going to turn that into a secondary contract for services is beyond me, we'll leave that to Timmy Moonbeam to fantasise over.
        Look, your old club is bust, the new club is trying to get a loan from fans 1 week before Christmas.

        I don't know how that will work out but there are always idiots.

        I'm pretty happy with what my club have.

        We have wagered before and I think I will be around for a few years yet.

        I will offer you a bet.

        1000 on the next old firm game.

        If you don't take it shut up an drop into the lower leagues and don't shout your mouth off about being the bigger team.

        1000.

        Take it or leave it.

        Comment


          If anything it proves that having the ex deputy governor of the bank of England, a PhD in economics and an honorary professorship in economics for a chairman works for a football club.

          Kind of why we are not in the shit: new rangers are in.

          Ram it.

          Comment


            9-in-a-row

            "I hope Celtic realise that, if their team is good enough, they will win. If they're not good enough, they'll not win - and they can't look at anybody else, whether it is referees or any other influence." - Walter Smith

            On them! On them! They fail!

            Comment


              I see the new Rangers club is doing quite well in the third division.

              Comment


                Originally posted by minestrone View Post
                I see the new Rangers club is doing quite well in the third division.
                And likely to be doing quite well in the "third division" next season too! Bwahahahahahahahaha

                “The period of the disintegration of the European Union has begun. And the first vessel to have departed is Britain”

                Comment


                  Originally posted by shaunbhoy View Post
                  And likely to be doing quite well in the "third division" next season too! Bwahahahahahahahaha

                  The best bit is that they expected to be given an 'up' with this league restructuring and have been swiftly given a GTF.

                  Anyway, think I gave the forum enough advice over the years on good bets, Dundee Utd, 2nd of Feb. I would think it will start at 4/6. Put your house, your wife, your children, your warchest on Rangers getting done over.

                  Comment


                    inappropriate

                    What feckin' planet are these people on?

                    Cannons, abseiling marines bringing the ball onto the pitch, card displays.

                    Comment


                      And Rangers retort...
                      Rangers have always had a close and respectful relationship with this country’s services personnel and associated charities. That will continue.

                      No one from any of the Forces has been in contact with us other than to thank us for our support and help. Indeed, it was pointed out that our Remembrance event proved to be the single largest memorial event in Scotland in the year in question.

                      The Remembrance part of the afternoon was observed impeccably and carried precisely the correct degree of solemnity. This was, as should always be the case, entirely separate from anything that some might have deemed frivolous during half time an hour or so later.

                      That was when service people about to be deployed abroad wanted to celebrate in normal football style.

                      All activities on the day were arranged in full co-operation with the Royal Navy, RAF and Army. They have always been extremely appreciative of the club’s efforts and acknowledge we are massive supporters of the country’s serving men and women, as well as veterans.

                      Comment

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