Of Assets and Liabilities


Re discussion on free tickets, money laundering et al! Hypothetically speaking …

Comment on Of Assets and Liabilities by TheCollardGreen (@chrisshields10).

Re discussion on free tickets, money laundering et al!

Hypothetically speaking could a football club inflate its costs or reduce its apparent revenues by manipulating its tickets sales? VAT works by offsetting the the input tax generated by purchases against the output tax generated by sales. It is only the end customer who pays the full weight of the tax. Currently in most instances 20% of sale price. VAT is also a live tax with payments rebate claims submitted quarterly. In certain circumstances this could initialy be implemented at the insistance of the VAT Office on a monthly basis. Circumstances could include a new company without credit facility working in high volumes of cash.

The VAT due is not calculated on the volume of items sold but on the revenue generated. So by supressing the this revenue the trader reduces his output tax VAT liability. At the same time inflating VAT rated costs increases the input tax rebate that can be offset.

The question is by how much can one “inflate” costs (stewards,police hospitality) and “reduce” revenues (giving out “free” tickets) before arousing suspicion. Slowly slowly catchy monkey is normal rule of thumb. Getting this balance wrong is what normally raises the suspicion of the authorities.

So hypotheticaly could “papering the house” as its known be used to defraud the revenue in this manner?

TheCollardGreen (@chrisshields10) Also Commented

Of Assets and Liabilities
I see that Ramsden Cup Final is to be played at Livingstone.Partick v QoS. Anyone else think once again that fans are being short changed here! Nothing against Livi but a venue half way between Glasow and Dumfries is surely available! Rugby Park or Somerset Park for instance.

One day the football authorities will begin to think of the fans again! Just maybe not in my lifetime

Of Assets and Liabilities
obonfanti88 (@obonfanti88) says:

Wednesday, October 31, 2012 at 11:59



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Why would the BBC refuse the Judge the Whyte tapes? Unless there’s more material they want to use from it……
Protocol! Keeps everthing legal and above board!

Of Assets and Liabilities
sorry Collyer Bristow! objecting to end of admin, LH apparently not happy with D&P

Recent Comments by TheCollardGreen (@chrisshields10)

Why the Beast of Armageddon Failed to Show?
Richard Wilson (@timomouse) says:

Wednesday, November 14, 2012 at 08:31



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Collated the SPL’s viewing figures for televised games so far this season and the viewing figures of matches they clashed with on other channels based on BARB top 10s (so if anything’s missing, blame them!)

Of the top 3 televised domestic games, two were Rangers games with the most watched game of the season so far being Celtic-Hearts.

Figures normally come out 8 days after the week has ended so, for last week, should be next Monday-ish and I will try to keep updated once new figures are available. Last week’s should be interesting just to see how many people watched Celtic vs Barca. The away game pulled in more viewers than Arsenal or Chelsea in that game week, so I’d expect that to have been the top rated CL game of the week on Sky (with more viewers than Man Utd).
The question re the two Celtic v Barca games that might qualify the viewing figures a little is how many neutrals were looking in to see Barcelona. How many non neutrals were looking in to see Celtic get going over. But hey! Thats what makes the CL such a financial succes!

Why the Beast of Armageddon Failed to Show?
With everyone focusing on Walter Myth Mr Hart is being conviently ignored in the most part! How much for two seats on the the board please?


How lon before these two non exec directors become the board as CG exits stage left having made his investers a return on their money!

Why the Beast of Armageddon Failed to Show?
chancer67 says:

Tuesday, November 6, 2012 at 12:48



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Bill McMurdo’s boy has been blogging about info he is sitting on, apparently deadco were not alone in the cheating stakes he has accused another team and it will be made public soon.Smacks of desperation and whataboutery i thought they were dignified and honourable, seems i was wrong
Maybe he’s just caught up with the Hearts tax tribunal story!

Why the Beast of Armageddon Failed to Show?
Agrajag says:

Monday, November 5, 2012 at 16:21

I don’t think there’s one thing in that I would disagree with.

I would add one observation with regard social media, in particular who is now using it. What a lot of people perhaps didn’t realise is there is a huge variety of people now happy and willing to communicate via blogs, forums, facebook, twitter etc. What would previously have been the domain of only the younger element is now being used regularly by not only them but also older generations. Some people have grown up using these things and some come to them late.
I think the term is Silver Surfers

Three Shakes … and a Twist
ordinaryfan says:

Tuesday, October 30, 2012 at 11:01

I received a reply from Show Racism The Red Card

Thank you for your email.

Racism and sectarianism is unacceptable in all aspects of society, including football, and we will continue to campaign and educate against such behaviour. We work proactively across Scotland with young people and adults to promote our anti-racism / anti-sectarianism message and the dangers of racism / sectarianism. Scottish Premier League clubs and Scottish Football League clubs are major supporters of the campaign and work closely with us on our events at their clubs promoting equality and respect, they have participated in our annual Fortnight of Action taking red card anti-racism / anti-sectarianism action at games the last two weekends to support and promote our campaign messages. Therefore, it is really disappointing at one of the fixtures where our anti-racism / anti-sectarianism messages were being supported and promoted that fans were heard singing racist / sectarian songs.

When racist / sectarian incidents are thought to have occurred at football matches we liaise closely with football authorities and clubs, and are proactive in promoting our strong anti racism / anti-sectarianism stance in the media. Unfortunately, we are not a policy making body, we are an educational charity, therefore, if you would like to make a formal complaint you would need to contact the Scottish Football authorities and/or the Police.

If I can be any further assistance to you please do not hesitate to contact me.

Best regards

So no public condemnation then.
Disappointingly tame expressions of disappointment!

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