corkinator 611 Posted February 14, 2012 Share Posted February 14, 2012 Ok, so the way I see it is this.Why the hell pay a 9M tax bill when you know you could have a 50mil bill in the pipeline, possibly.This is why he was holding back the 9 mill IMO, good on him. But he obviously had admin in mind while doing this.I think he may be a front man to take the flak and get us into admin and someone is in the background waiting for us to go into admin and try and buy us, time will tell.FOR EVREY £5 WE OWE THE TAX MAN THEY WILL GET 10P. Quote Link to post Share on other sites More sharing options...
gunslinger 270 Posted February 14, 2012 Share Posted February 14, 2012 been his plan from day one. he's not spent a penny he wasn't forced to spend. mostly by a court. Quote Link to post Share on other sites More sharing options...
GMac 1,405 Posted February 14, 2012 Share Posted February 14, 2012 A. Your'e in the pub and someone buys you a pint but it turns out you don't have enough to buy a round back.B. You're in the pub and someone nicks the kitty and fucks off with it.Thats the difference. Quote Link to post Share on other sites More sharing options...
GHJ 11 Posted February 14, 2012 Share Posted February 14, 2012 Not paying tax since may is the behaviour id expect from them. We should be better than that. The big tax case- murray should carry the can. But whyte is out of order in this. And where has the 9m went? Quote Link to post Share on other sites More sharing options...
duck1982 0 Posted February 14, 2012 Share Posted February 14, 2012 never mind the 9m were has the jelivic money gone and were has the 24m from the tickets gone? Paul Murray also asked this at the end of his statement? i find it strange that not more people have been asking about this! #end of the day we have to stick together as ally said we are a great institution and have over 140 years of great history if we all stick together get behind the team we will get through this Quote Link to post Share on other sites More sharing options...
marka1979 76 Posted February 14, 2012 Share Posted February 14, 2012 Only time will tell and when the audited accounts are released might shed some light on both. Quote Link to post Share on other sites More sharing options...
Blue and True 311 Posted February 14, 2012 Share Posted February 14, 2012 how much will these admin guys find to divy upnot a lot is my guess Quote Link to post Share on other sites More sharing options...
4MenHadADream 122 Posted February 14, 2012 Share Posted February 14, 2012 On the other hand the £9 million just invokes the wrath of HMRC and essentially ends any chance of a deal in doing a CVA. It could be the difference between administration and liquidation Quote Link to post Share on other sites More sharing options...
bluepeter 5,627 Posted February 14, 2012 Share Posted February 14, 2012 When was this £9m due? Quote Link to post Share on other sites More sharing options...
corkinator 611 Posted February 14, 2012 Author Share Posted February 14, 2012 Only time will tell and when the audited accounts are released might shed some light on both.why do you think moey was moved into offshore accounts? this cannot be touched after we have been through admin this money can be re-invested, why the hell invest in a company/club when the plan was to put it into admin and wipe the debt. He's being very clever, my mates dad did it and also signed everything over, house, cars the lot to his son 6 months before he KNEW he was going to fold his company,alledgedly!! Quote Link to post Share on other sites More sharing options...
A.T.G 10,773 Posted February 14, 2012 Share Posted February 14, 2012 Whyte needs us to go underThat way HMRC cant chase a debt from a company that doesnt existsHe is going to transfer assets and sell is for a whopping profitThe only way he doesnt make a profit is if someone else beats him to the punch to start a new RangersHMRC will push for liquidation, Whyte knows this and will tell us when the process has started as fucking usualI lose more faith in him with every article I read and every post I make Quote Link to post Share on other sites More sharing options...
Thermopylae 15,287 Posted February 14, 2012 Share Posted February 14, 2012 I now think we have to expect the worst with him. I just wonder if Murray had a feeling this may happen ... surely he's not so naive as to be as surprised as he's saying Quote Link to post Share on other sites More sharing options...
markybear 136 Posted February 14, 2012 Share Posted February 14, 2012 Am I correct in what I'm about to post.Hmrc moved to put us into admin because of this £9mill vat bill and not the 'big tax case'?!!Wtf is going on, why aren't we paying vat? The tax case isn't finalised yet, we've had a lot of capital raised via ticketus, jelavic. whyte said there's a 10mill blackhole, why couldn't we last 12 fucking months b4 this came to fruition. Mr whyte needs to start talking, we need answers.This also dawned on me, I'm probably behind everyone else on this but here goes.Whyte mortgages of ST money to pay the debt off to lloyds and then pays a quid for the club, he's out £1 so far, yes? He doesn't pay the vat man deliberately, which forces us into admin, he is the secured creditor, he gets back £18 mill after asset sales for his initial outlay (which was funded by us through future ST money in this hypothetical scenario). So whyte liquidates the club and is able to walk away £17,999,999 better off then he was last may.Is it just me or is this a distinct possibility ?I'll add I've always gave him the benefit of the doubt until I heard about this new unpaid vat bill Quote Link to post Share on other sites More sharing options...
GMac 1,405 Posted February 14, 2012 Share Posted February 14, 2012 When was this £9m due?Been accumulating since he took over I think. The tax and NIC is due each month. Quote Link to post Share on other sites More sharing options...
markybear 136 Posted February 14, 2012 Share Posted February 14, 2012 Been accumulating since he took over I think. The tax and NIC is due each month.Vat is a quarterly payment Quote Link to post Share on other sites More sharing options...
GMac 1,405 Posted February 14, 2012 Share Posted February 14, 2012 Vat is a quarterly paymentIs it all VAT? Quote Link to post Share on other sites More sharing options...
markybear 136 Posted February 14, 2012 Share Posted February 14, 2012 Is it all VAT?PAYE aswell apparently Quote Link to post Share on other sites More sharing options...
HG5 11,154 Posted February 14, 2012 Share Posted February 14, 2012 On the other hand the £9 million just invokes the wrath of HMRC and essentially ends any chance of a deal in doing a CVA. It could be the difference between administration and liquidationThis Quote Link to post Share on other sites More sharing options...
Weird_Beard 99 Posted February 14, 2012 Share Posted February 14, 2012 Ok, so the way I see it is this.Why the hell pay a 9M tax bill when you know you could have a 50mil bill in the pipeline, possibly.This is why he was holding back the 9 mill IMO, good on him. But he obviously had admin in mind while doing this.I think he may be a front man to take the flak and get us into admin and someone is in the background waiting for us to go into admin and try and buy us, time will tell.FOR EVREY £5 WE OWE THE TAX MAN THEY WILL GET 10P. Or think about it this way. You hold back 9m because you know when you take the club into administration and say deal at 50p in the pound. You could clear 18 million pounds of debt. Quote Link to post Share on other sites More sharing options...
Storm15660 0 Posted February 14, 2012 Share Posted February 14, 2012 Whyte said ther was 20+million to invest in players over 5 years remember. That was only a few months ago. He is supposed to have done due diligence before buying the club and the old owners say the legal opinion was that we would win the tax case- Whyte was upbeat about it when he took over. So how the hell is it we cant pay the tax man for normal stuff like PAYE and VAT without going into administration - and the HMRC statement suggests the media are right about this being the trigger for todays events. Something is wrong here - very very wrong. Quote Link to post Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.