Accountability, Transparency, & Brave Sir Robin

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John ClarkOctober 10, 2016 at 08:44 John, thanks. Yes that was …

Comment on Accountability, Transparency, & Brave Sir Robin by Long Time Lurker.

John ClarkOctober 10, 2016 at 08:44
John, thanks. Yes that was rule I was thinking of.

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Accountability, Transparency, & Brave Sir Robin
Overdue VAT from Q1 and Q2.
Stadia roof issues appear have reached critical point, where fan safety an issue.
Possibility that Celtic FC will not sell tickets to protect safety of their fans, then others will also follow.
Gate receipts appear to be keeping the club/company alive. If there is a drop in sales due to stadia safety issues where seats cannot be sold, then ash flow will, in my view, more likely than not become a terminal issue.
Only other option would be to attract investment – who is going to invest, if tens of millions required to keep a roof in place?
If club play games from another stadia – where will the rental income require come from?
Allowing VAT to become overdue and the stadia to fall into a critical state of disrepair suggests that there is no effective governance and management in place at the club.

Accountability, Transparency, & Brave Sir Robin
I believe that the SC will hear the BDO appeal in the first quarter of 2017.

Lots of interesting chatter in the last 24 hours – something is brewing. A least one suggestion that HMRC have served a VAT demand on Rangers.

torrejohnbhoy(@johnbhoy1958)October 12, 2016 at 10:15

Morning all, Can you help me with this,Having a wee debate with a TRFC supporting pal wrt EBTs.I know BDO have been granted leave to appeal to the Supreme Court but have they actually done so?. If not is there a time limit they must adhere to.?.I understand that if no appeal is forthcoming then COS decision stands.

Accountability, Transparency, & Brave Sir Robin
Regarding the rumors that a football club is struggling to pay its taxes to HMRC.
Were the SFA / SFPL rules not changed whereby if a member club was struggling to settle their tax bills, that they also had to notify the SFA and/or SFPL of that difficulty?
If the rumour has any teeth, perhaps a journalist could contact the club and/or the football authorities to ask if notification (of difficulties in playing taxes) has or has not taken place.

Recent Comments by Long Time Lurker

Peace – Not War
Have Rangers met the UEFA criteria to play in Europe re established sets of audited accounts etc.?

Peace – Not War
Just a theory.
What if HMRC have sent demands to EBT recipients. Presumably the holders of side letters will be looking to the [ahem] club to make good any taxes due.
Now, if the club does not have the means to honour the side letters – could we be about to see confirmation from EBT holders and/or the Club, that the Club has died?

Peace – Not War
An interesting tweet from @Barcabhoy this afternoon.

Barcabhoy ‏@Barcabhoy1 4h4 hours ago Barcabhoy Retweeted Barcabhoy
Now been seen by 130,000 people. The reason why the @Record_Sport rushed out an old non event story will be evident soon.

Journey’s End?
Four years has been and gone, and a team called Rangers will shortly be playing in the SPL.
Over the last four years, I like many others, assumed that there would have been a pronouncement from a Court, or Tribunal etc. that laid out what many believe – that when liquidation proceedings started Rangers Football Club died.
In many ways, nothing has changed: the SMSM are still drawn to ‘Rangers’ like a moth to a flame; the SFA are still the same old SFA; Rangers naturally still hold the line that they are the same club – God, there is a possibility that a team called Rangers will be playing in Europe – which begs the tongue in cheek question, if they are the same club how can they get a European licence with a tax debt?
Like many I did not want blood – after Rangers FC went into liquidation, I was happy for the fans of Rangers to be able to support a team,playing in blue out of Ibrox – with the knowledge that as a liquidated club it would be a new entity with no history. Going bust is the price that is paid for not running a club correctly. God knows how many clubs across the land have scrimped and saved, with performances falling off of a cliff when there is no money in the pot to secure the services of a better class of player?
The fact that Rangers, the SFA and the SMSM have not changed one iota re ‘Rangers’ is one massive piss take. I get the sense that as the fact that on the surface nothing appears to have changes is angering many fans – to the extent that I would not be surprised if some Celtic share holders go the extra mile and seek judicial review as to why did the SFA give a European licence to a Club with tax debts.
I am increasingly of the view that the SFA and Rangers will be called to account – the anger is strong, and it appears to be getting stronger.

LNS – A Summary
Part of me not surprised of the delay until Jan 2016 of the Green, Whyte et al court proceedings.
It was reported in the media that Mr Whyte had recently secured legal aid, and of course, recently we learned that Mr Green had lost his action to secure funding for his legal costs, from his former employers.
I would not be surprised, if one or both of the named parties have required additional time to work with their legal teams. 

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