Of Assets and Liabilities

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Rangers statement ” The Board of The Rangers Football Club has issued …

Comment on Of Assets and Liabilities by scapaflow14.

Rangers statement

The Board of The Rangers Football Club has issued the following statement today:

It reads: “The Board wishes to express its dismay over articles in The Times newspaper today which implies the Club is “in fresh trouble” with HM Revenue and Customs in relation to an investor in the Club.

“This is categorically not the case and the Chairman of the Club has written to The Times on this matter.

“The Rangers Football Club has no outstanding issues with HMRC and indeed the current management have an open and transparent dialogue with HMRC and, in particular, through our auditors and reporting accountants, Deloitte.

“The historic tax issues affecting Rangers (RFC 2012 Ltd which is now in liquidation) are well documented.

“These issues, notably surrounding the EBT scheme, will continue to receive much media coverage, but have no bearing upon the ongoing operation of the football club and its intention to list as a public company.

“We wish to reiterate that Mr Richard Hughes has no involvement in the management of the club, nor is he a director.

“Richard Hughes or his company Zeus Capital, both FSA regulated, are a minority investor.

“The Club does not have an existing relationship with Zeus Partners, which is also named in The Times as being part of an HMRC inquiry.

“It would be inappropriate for The Rangers Football Club to comment further on either the private and professional affairs of Mr Hughes, or the commercial activities of Zeus Partners or Zeus Capital.”

scapaflow14 Also Commented

Of Assets and Liabilities
“13 – CG stated he thinks SFA will declare him not a fit and proper person to
be CEO of Rangers because of his constant war with them.”

No Mr Green, if they do it will because of tax issues. I think they call this getting your excuses in early!

Of Assets and Liabilities

That would be Sir Richard Staite, a genuine Knight of the Realm rather than a wannabe like Sir Walter d’EBT


I have it on good authority that his staff nicknamed him Dictatorial Staite 😉

Of Assets and Liabilities
Richard Wilson (@timomouse) says:
Saturday, November 3, 2012 at 12:35

I have long thought that the pre-requisite to any successful re-construction, is to bring all the structures under one roof. That means clearing out the SFA is step one.

Recent Comments by scapaflow14

History, Neighbours and Made Up News

Perfectly respectable point of view. However, I suspect things like Armed Forces Day are here to stay. A lot of people in the military love their football, they do not by any means all support Rangers. So if there is going to be some sort of Armed Forces Day, then why not make it inclusive rather than exclusive?
Personally, I think the SFA saying to the military, if service personnel turn up on Cup Final Day in uniform we’ll let them in free, is a much better way for football as whole to mark an “Armed Forces Day”, rather than the perennial PR car crash waiting to happen at Ibrox.
I bet, (know) a lot of serving military types would be quietly delighted to see and an end to the purely Rangers day.

History, Neighbours and Made Up News
BLUSEPTEMBER 19, 2016 at 14:46


History, Neighbours and Made Up News
SCAPAFLOWSEPTEMBER 19, 2016 at 14:26

Tried to add:
How about the SFA holding an Armed Forces Day as part of Scottish Cup Final? A bit like the Lawn Tennis Association does at Wimbledon, thereby detoxifying the whole issue?

History, Neighbours and Made Up News

Possibly, do they use temporary seating for Forces day?

History, Neighbours and Made Up News
Problem with the stands at Ibrox you say?
“Nothing to see here” says the man on the level
What about that Section 89 Building warrant lodged with the Glasgow City council?
here’s the guidance notes for applying for a Section 89 

“The plans should include the type of seats (if any)which are to be used….”

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