pessimistic_pete 2 Posted April 5, 2012 Share Posted April 5, 2012 http://news.stv.tv/scotland/west-central/302779-rangers-crisis-administrators-reveal-club-owes-63m/looks like this could be worse than we all thought. Quote Link to post Share on other sites More sharing options...
RFC55 108,729 Posted April 5, 2012 Share Posted April 5, 2012 We will settle via CVA for around 25p in the pound stop panicking and yank yer plank Quote Link to post Share on other sites More sharing options...
big tam 5 Posted April 5, 2012 Share Posted April 5, 2012 http://news.stv.tv/s...-club-owes-63m/looks like this could be worse than we all thought.here is the link to the full document matehttp://www.rangers.co.uk/staticFiles/fe/a8/0,,5~174334,00.pdf Quote Link to post Share on other sites More sharing options...
Arfuf Phuxache 190 Posted April 5, 2012 Share Posted April 5, 2012 We will settle via CVA for around 25p in the pound stop panicking and yank yer plank i think it will be cloer to 12p in the £, but, that is juts my thought!the figures don't include the BTC, but do include the £27m to Ticketus.Tell ticketus to chase Whyte, win the BTC, 12p in the £, doddle.............................fingers crossed! Quote Link to post Share on other sites More sharing options...
pessimistic_pete 2 Posted April 5, 2012 Author Share Posted April 5, 2012 already started. Quote Link to post Share on other sites More sharing options...
Jelavic191 4,398 Posted April 5, 2012 Share Posted April 5, 2012 Creditor Claim (£)Trade & Expense Creditors 5,544,508Ticketus (amount of claim to be confirmed) 26,700,000HM Revenue & Customs – Excluding Big and Small Tax Cases 14,372,042HM Revenue & Customs – Small Tax Case TBCHM Revenue & Customs – Big Tax Case TBCSupporter Debenture Holders 7,736,000Football Related Creditors 1,063,082Employees TBCTotal 55,415,632That's the part of the report of what we owe, I think.Section 14.27 Quote Link to post Share on other sites More sharing options...
SwallowsHisOwnSpunk 7,768 Posted April 5, 2012 Share Posted April 5, 2012 Where the fuck has £55 Million come from and that's definetley not just Whytes doing what the fuck was Murray doing before. Quote Link to post Share on other sites More sharing options...
Creampuff 22,628 Posted April 5, 2012 Share Posted April 5, 2012 The £8m of Supporter Debentures will never be repaid, no sense in counting them. Quote Link to post Share on other sites More sharing options...
Columbo 588 Posted April 5, 2012 Share Posted April 5, 2012 It says in the document Ronald De Boer was given an discounted option tax scheme contract but did he not deny this? Quote Link to post Share on other sites More sharing options...
Johnny Dangerously 7,562 Posted April 5, 2012 Share Posted April 5, 2012 The £8m of Supporter Debentures will never be repaid, no sense in counting them.Had two of them, sold them 6 yrs ago, got my money back. Lucky me. Quote Link to post Share on other sites More sharing options...
allanh91 75 Posted April 5, 2012 Share Posted April 5, 2012 The rags will have a field day with this tomorrow. Quote Link to post Share on other sites More sharing options...
Ratbatblue 1 Posted April 5, 2012 Share Posted April 5, 2012 Wid gee ye the boke Quote Link to post Share on other sites More sharing options...
Columbo 588 Posted April 5, 2012 Share Posted April 5, 2012 Says in the document small tax case has been settled just waiting upon a fee been decided. That stinks of stupidity to me why would you settle something if you are unsure how much you're going to be charged? Quote Link to post Share on other sites More sharing options...
Sasa_Papac_No1_Fan 605 Posted April 5, 2012 Share Posted April 5, 2012 So after all the good news we have had here is the bad news and its the worst news we could have benn given aport from liquatdaton Quote Link to post Share on other sites More sharing options...
Yata 161 Posted April 5, 2012 Share Posted April 5, 2012 How do we owe ticketus 26 mill, we only saw 18 mil of that money Quote Link to post Share on other sites More sharing options...
Senna 735 Posted April 5, 2012 Share Posted April 5, 2012 How do we owe ticketus 26 mill, we only saw 18 mil of that moneyThat's what they gave CW on behalf of us, whether or not we saw it is pretty much irrelevant. Quote Link to post Share on other sites More sharing options...
californiadreamin52 339 Posted April 5, 2012 Share Posted April 5, 2012 Rangers owe more than £3.3m to other football clubs, a document released by administrators Duff and Phelps has revealed.A host of sides, both from Scotland and abroad, are owed sums relating predominantly to transfer fees incurred in recent years.At home, £1,029,494 is owed to other Scottish clubs. Celtic, Dundee United, Dunfermline Athletic, Hearts and Inverness Caledonian Thistle are all creditors.A further £2,322,643 is still overdue to foreign-based sides. Arsenal, Chelsea, Manchester City, Orebro, Rapid Vienna, St Etienne and Palermo are all due money.The publication by Duff and Phelps also shows Rangers are owed £3.8m from other football clubs "in respect of deferred transfer fees which fall due over a period of time up to May 31, 2014". Quote Link to post Share on other sites More sharing options...
gogzy 31,195 Posted April 5, 2012 Share Posted April 5, 2012 55 million at 10p on the pound would be a lovely outcome imo Quote Link to post Share on other sites More sharing options...
Alnic3856 358 Posted April 5, 2012 Share Posted April 5, 2012 the bit that gets me is the money from the arsenal shares never touched the company's accounts as a result the stockbroker firm which sold them was placed into administration, that firm lists it's company secretary as Mr Craig Whyte.Theft of 100 year old history. Quote Link to post Share on other sites More sharing options...
allanh91 75 Posted April 5, 2012 Share Posted April 5, 2012 So after all the good news we have had here is the bad news and its the worst news we could have benn given aport from liquatdatonWe knew about all this stuff. Looking at it in black and white just makes it seem more intimidating.We'll pay of the smaller football debts via the fighting fund. And a CVA will take care of the big stuff, so long as HMRC and Ticketus agree to one, which is certainly in both, especially Ticketus' best interests. Quote Link to post Share on other sites More sharing options...
will_1974 204 Posted April 5, 2012 Share Posted April 5, 2012 How do we owe ticketus 26 mill, we only saw 18 mil of that moneyOf this 55 mil has Whyte not already said he is exposed to 30.5 mil personally Quote Link to post Share on other sites More sharing options...
Fastrax 274 Posted April 5, 2012 Share Posted April 5, 2012 "HM Revenue & Customs – Excluding Big and Small Tax Cases 14,372,042"How do we owe them that ON TOP of the two tax cases? Bizarre Quote Link to post Share on other sites More sharing options...
MCLACHLAN1 49 Posted April 5, 2012 Share Posted April 5, 2012 And we re told Paul Murray is the man to save us? Not one of the old regime should be allowed back. What a fucking mess.Where has our money gone? Quote Link to post Share on other sites More sharing options...
gogzy 31,195 Posted April 5, 2012 Share Posted April 5, 2012 "HM Revenue & Customs – Excluding Big and Small Tax Cases 14,372,042"How do we owe them that ON TOP of the two tax cases? BizarrePAYE and penalties for not paying PAYE probably. Quote Link to post Share on other sites More sharing options...
allanh91 75 Posted April 5, 2012 Share Posted April 5, 2012 "HM Revenue & Customs – Excluding Big and Small Tax Cases 14,372,042"How do we owe them that ON TOP of the two tax cases? BizarreIn a word, Whyte.Unpaid taxes since he took over. 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.