Much has been written on this blog, and previously on RangersTaxCase.com regarding the assets and liabilities of the former Rangers football club – however little has been done to look at the rest of the SPL and Scottish Football as a whole.  Was it just Rangers making ridiculous ‘asset’ valuations or is there other clubs in real danger of following RFC to the grave?

Before we get started a quick explanation on the figures.  They were all taken from the latest accounts as appearing on Duedil.com, so some are from 2010’s figures.  I have also ‘tidied’ them up a little so that they are easily understandable, removing things such as minor stock holdings. Continue reading →