The Real Battle Begins?


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Does anyone know or have a view as to whether this is a legitimate source / story?

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The Real Battle Begins?
Sad news – Charlie Adam has passed away, [SFM Edit – Charlie Adam’s dad]

The Real Battle Begins?
ianagain says:
Monday, December 17, 2012 at 16:13

Did HMRC not seek an appeal earlier in December?

The Real Battle Begins?
I am reading estimates on Kerrydale Street that the share flotation thus far has raised 1.6m.

Noting that CG said that the flotation was necessary in part to create additional working capital for the Club, if the final monies raised are there or there about will TRFC have enough cash to see out the season?

Given that the SFA granted a licence on the basis have having approved the business plan that was submitted to them – should the SFA revisit the Club’s ability to meet its financial commitments between now and the end of the season?

In terms of moving forward – should the SFA if they require to review and approve a business plan before granting a licence ask for financial projections on a quarterly basis?

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.

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.

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