Comment on Scottish Football: An Honest Game, Honestly Governed? by scottc.
March 7, 2014 at 5:24 pm
Murray Group are contesting HMRC’s UTT appeal. I think it was MG who put the money into the EBT trust. If this is correct then they are the people who might collect the repayments. Although RFC(IL) instructed the payments, I don’t think they put the money up directly so not sure BDO can pursue the loans.
Murray Group had an EBT scheme but Rangers paid the money for the players into their scheme. It was in the accounts remember.
scottc Also Commented
March 31, 2014 at 7:12 pm
Another question I’d really like to see answered is who monitors how the pitch is prepared for this tie? Football history is littered with stories of pitches being prepared to suit or disadvantage particular styles of play, but that option is normally regarded as a benefit to home clubs – it’s just how it goes. The problem this time is Rangers are not actually the home club, but they will still be able to influence how the pitch is prepared, as the assumption is their ground staff will carry out the work as normal.
Having seen the state of the pitch during some recent matches, I wonder just how many groundstaff they have left. I can’t see it being in a decent state for the second match if there is any amount of wet weather on the way, or if the ‘water’ it for the first match.
16. Post Balance Sheet Events
Since the period end, the Company has also obtained access to loan facilities totaling £1.5m. £500,000 of the facility is interest free. £1,000,000 of the facility incurs a facility fee of £45,000 and carries a potential annualised interest charge of 10% should repayment not be made before 2 July 2014.,
I thought that was quite interesting. Don’t recall a similar clause in the Laxey deal
Cluster One says:
March 23, 2014 at 6:13 pm
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So are The rangers the only club in scotland unincorporated ?
If so is this a good thing or a bad thing 😕
I remember Murray being presented with a certificate for 100 years Incorporated
March 23, 2014 at 7:34 pm
I was told that Arbroath had remained, until some point in the last twenty odd years, a true club and that they were the only ones left at the time. But I think they have now incorporated (there is an Arbroath Football Club Limited incorporated in December 2004 – so that is probably it now).
Arbroath incorporated about 10 years ago. The only ones left to incorporate, as far as I am aware, are Brechin, Stranraer and Annan, although they may have ‘obscure’ company names, I suppose
Recent Comments by scottc
fitbawfan 14th September 2020 at 00:07
John Clark 3rd September 2020 at 22:54
The only way forward for TRFC is to acknowledge the truth:
JC while browsing a link i found myself at Companies house, and while there took a look at TRFC accounts 2019, which is a bit of a puzzler as there are two companies listed claiming to be The old RFC.
Firstly: THE RANGERS FOOTBALL CLUB LIMITED
Company number SC425159
Incorporated on 29 May 2012
Secondly: RANGERS INTERNATIONAL FOOTBALL CLUB PLC
Company number SC437060
Incorporated on 16 November 2012
Both still claim in their yearly accounts strategic report to be Rangers Football club formed in Scotland 1872
So anyway a little intrigued and knowing my knowledge of company filings to be sadly neglected, I had a look at both, namely their yearly accounts.
TRFC Club limited shows
Year Ended 30th June 2019 Total Revenue 51.326
Year ended 30th June 2018 Total Revenue 31.618
Operating Loss 12.259
Year Ended 30th June 2019 Total Revenue 53.171
Year Ended 30th June 2018 Total Revenue 32.163
Operating Loss 11.647
I doubt TRFC will ever acknowledge the truth when not one but two companies registered in 2012 can pretend to be the same entity, and more so appear to just willy nilly pluck figures from thin air.
There are, of course, two companies, FF. TRFC is the club, as is and has always been (at least since 2012), and RIFC is the holding company. The disparity in the accounts is because TRFCs accounts are rolled up into RIFC alongside any other income RIFC may have. Of course, they are both the original RFC subject to requirements at the time
StevieBC 11th August 2020 at 15:41
At the height of lockdown we saw some nurses not return home for 10 weeks to avoid passing covid to their families.
WRT to the SPL specifically, it would seem that the ‘best’ chance of avoiding a SG imposed shutdown is for each club to keep their players in one place, where they can see them.
Like an extended, overseas preseason training camp: keep the players in a hotel or university campus or whatever. It won’t be foolproof but it would clearly indicate to the SG that the SPL is doing its best to manage risks.
All it might take is for another few daft players to risk possibly the full completion of the league?
Something radical is needed to ensure fixtures can be completed this season.
The SPFL management – and the SFA – have to come up with a solution to protect the domestic competitions.
Like the NBA are doing at Disneyworld, albeit they have all the teams in one 'bubble'. It would be expensive but if the teams can't trust the players, or the players are too thick to do the right thing, then maybe it is something some of the larger teams could look at.
StevieBC 24th July 2020 at 19:21
I just want to know how the all powerful 'Peter' managed to tamper with the The Rangers testing protocol?
I think we should be told.
I would imagine, Stevie, that 'friends of Peter' were involved in some unseen way
normanbatesmumfc 14th July 2020 at 11:41
Perhaps it would not be deemed so bad if Ralston and his ilk did actually call a football team by its name, that name in this case being The Rangers.
As you well know, there was a team called Rangers, (Rangers Football Club PLC) who entered liquidation in 2012 and remain there.
The new club manufactured by the big hands of Charles Green in 2012 were not called Rangers Football Club Limited, they were called The Rangers Football Club Limited. Therefore their correct name is The Rangers.
Thing is though, the original club was also called The Rangers Football Club, (in it's case it was PLC although it had previously been The Rangers Football Club Limited). The addition of 'The' as a differentiator was nothing more than a Charles Green fiction. He used exactly the same name as that under which the original club was incorporated.
Sweet Little Lies
BP, You might be interested in this article, if you have not already read it. It mentions PicRights specifically. they sound like carpetbaggers