King_gazza 1,065 Posted April 6, 2012 Share Posted April 6, 2012 Are you having a fucking laugh? Quote Link to post Share on other sites More sharing options...
Ace 3,556 Posted April 6, 2012 Share Posted April 6, 2012 £55m .... £134m ..... £1billion, the figures reported seem to be massaged to match the viewpoint of the the person reporting them. For a fact, we owe £3.3m to other football cubs, what is being overlooked is we are owed £3.8m by football clubs too. For a fact, the £55m includes £8m worth of debentures that have to be included, for the very likely option, no debenture holder will ask for thier money back. For a fact, the £134m figure includes both the BTC & the STC, the figures are NOT defined. The BTC figure of £49m is based on the MAXIMUM fine & the MAXIMUM interest charges, something that has never been applied in a tax case, HMRC will always temper any decision they make against the likelyhood of being paid. For a fact, there is £27m that that is tied up with Ticketus. That figure will likely be omitted from the £55m as they will be part of any takeover, rather than part of the CVA. How much of that confirmed £55m will be paid as part of a CVA, in all likelyhood, very little.How much of the reported £90m tax bill will be paid back, no one really knows but many experts (real experts ... not Seville ones!!) have already stated that it will be nowhere near that figure either. Why should we even consider liquidation?? Quote Link to post Share on other sites More sharing options...
54andcounting 627 Posted April 6, 2012 Share Posted April 6, 2012 Why won't this shitty thread just die?Please, please die, you demon spawn of satan, of a thread! admin please Liquidate this thread. Quote Link to post Share on other sites More sharing options...
nachothelegend 1,932 Posted April 6, 2012 Share Posted April 6, 2012 £55m .... £134m ..... £1billion, the figures reported seem to be massaged to match the viewpoint of the the person reporting them. For a fact, we owe £3.3m to other football cubs, what is being overlooked is we are owed £3.8m by football clubs too. For a fact, the £55m includes £8m worth of debentures that have to be included, for the very likely option, no debenture holder will ask for thier money back. For a fact, the £134m figure includes both the BTC & the STC, the figures are NOT defined. The BTC figure of £49m is based on the MAXIMUM fine & the MAXIMUM interest charges, something that has never been applied in a tax case, HMRC will always temper any decision they make against the likelyhood of being paid. For a fact, there is £27m that that is tied up with Ticketus. That figure will likely be omitted from the £55m as they will be part of any takeover, rather than part of the CVA. How much of that confirmed £55m will be paid as part of a CVA, in all likelyhood, very little.How much of the reported £90m tax bill will be paid back, no one really knows but many experts (real experts ... not Seville ones!!) have already stated that it will be nowhere near that figure either. Why should we even consider liquidation??Even if the figures where the final calculations,which they arent we should not liquidate, but pay all our dues back the correct way.Its the Rangers way through Adversity.No Surrender to Liquidation ,and the Seville Calculators. Quote Link to post Share on other sites More sharing options...
Crespie6 334 Posted April 6, 2012 Share Posted April 6, 2012 holy mother of god - is this the highest negative rep count for one person in one thread ever? can gersandy ever recover from this? Quote Link to post Share on other sites More sharing options...
The Gas Man 190 Posted April 6, 2012 Share Posted April 6, 2012 £55m .... £134m ..... £1billion, the figures reported seem to be massaged to match the viewpoint of the the person reporting them. For a fact, we owe £3.3m to other football cubs, what is being overlooked is we are owed £3.8m by football clubs too. For a fact, the £55m includes £8m worth of debentures that have to be included, for the very likely option, no debenture holder will ask for thier money back. For a fact, the £134m figure includes both the BTC & the STC, the figures are NOT defined. The BTC figure of £49m is based on the MAXIMUM fine & the MAXIMUM interest charges, something that has never been applied in a tax case, HMRC will always temper any decision they make against the likelyhood of being paid. For a fact, there is £27m that that is tied up with Ticketus. That figure will likely be omitted from the £55m as they will be part of any takeover, rather than part of the CVA. How much of that confirmed £55m will be paid as part of a CVA, in all likelyhood, very little.How much of the reported £90m tax bill will be paid back, no one really knows but many experts (real experts ... not Seville ones!!) have already stated that it will be nowhere near that figure either. Why should we even consider liquidation??Very well put. Quote Link to post Share on other sites More sharing options...
The Godfather 72,449 Posted April 6, 2012 Share Posted April 6, 2012 holy mother of god - is this the highest negative rep count for one person in one thread ever? can gersandy ever recover from this?MCCLAUGHAN1 survived the negative reps...but he is battle hard veteran, let's see what gersandy has in his locker... Quote Link to post Share on other sites More sharing options...
Crespie6 334 Posted April 6, 2012 Share Posted April 6, 2012 MCCLAUGHAN1 survived the negative reps...but he is battle hard veteran, let's see what gersandy has in his locker... Quote Link to post Share on other sites More sharing options...
ChrisNZ 0 Posted April 6, 2012 Share Posted April 6, 2012 This guy is a right timmy fannyYou have no idea about Companies and the insolvency process so shut the f*ck up. No one wants to hear your baseless and uninformed opinion. Quote Link to post Share on other sites More sharing options...
ChrisNZ 0 Posted April 6, 2012 Share Posted April 6, 2012 Also this thread should be locked by the administrators too Quote Link to post Share on other sites More sharing options...
Ace 3,556 Posted April 6, 2012 Share Posted April 6, 2012 The thread should NOT be locked, there is too much misinformation going around about liquidation/CVA etc, so it helps to dismiss this rumour and innuendo. Quote Link to post Share on other sites More sharing options...
'o'rangerblue 89 Posted April 6, 2012 Share Posted April 6, 2012 Does it matter how much we owe, it won't make any difference as to how much money is in the CVA pot. Quote Link to post Share on other sites More sharing options...
Ozblue 4,331 Posted April 7, 2012 Share Posted April 7, 2012 this family guy skit sprang to mind when i read that (replace tinkle with spelling!) cracker.... Quote Link to post Share on other sites More sharing options...
StewGer 606 Posted April 7, 2012 Share Posted April 7, 2012 Liquidation the best option? Nah, it will be a CVA agreement, the OP is either at it or has been reading so much misinformation his wee arse has collapsed with fright.I have honestly held tight to the belief that we will come through this and out the other side stronger and better. Here's to ten in a row under Super Ally, starting next year Quote Link to post Share on other sites More sharing options...
bowater23 0 Posted April 7, 2012 Share Posted April 7, 2012 Liquidation will not happen, anyone that supports taking our club into liquidation should be ashamed! Quote Link to post Share on other sites More sharing options...
BigRickrfc 6 Posted April 7, 2012 Share Posted April 7, 2012 fucking mad taig's creaming themselves over the fact we owe them 40 grand when they neglect to take in the fact they owe us 300 thousand.... pricksss Quote Link to post Share on other sites More sharing options...
OlegKuznetsov 10,816 Posted April 7, 2012 Share Posted April 7, 2012 Please, please, close this thread! Quote Link to post Share on other sites More sharing options...
stefmartin16 121 Posted April 7, 2012 Share Posted April 7, 2012 Is the OP the biggest minus rep for a single post ever? Can anyone confirm? Quote Link to post Share on other sites More sharing options...
Marco Negri's Beard 1,423 Posted April 7, 2012 Share Posted April 7, 2012 The thread should NOT be locked, there is too much misinformation going around about liquidation/CVA etc, so it helps to dismiss this rumour and innuendo.Agreed - its not 11 pages of debate, its 11 pages of the OP and a couple of others being misproven through valuable information. Quote Link to post Share on other sites More sharing options...
mitre_mouldmaster 21,509 Posted April 7, 2012 Share Posted April 7, 2012 Right, lets set the record straight.A CVA is the most likely way out of this.If however the HMRC refuse to deal for any reason, then we are looking at the company our club sits within possibly liquidating.The club will not liquidate. Only a company can be put into liquidation.In the event that the company is given a winding up order, the assets are sold prior to closure and the official decliration of liquidation.The club is included in the assets, most importantly the 'goodwill' or trading rights if you will.As soon as someone buys the goodwill and transfers it to a NewCo, then the club along with its history is safe.The old company can then be liquidated.This is the route that both Leeds and Luton amongst others have used.Again, a CVA is both the most likely and best solution, but if the HMRC refuse to deal, then this is a valid option. Quote Link to post Share on other sites More sharing options...
OlegKuznetsov 10,816 Posted April 7, 2012 Share Posted April 7, 2012 Is the OP the biggest minus rep for a single post ever? Can anyone confirm?Possibly. Quote Link to post Share on other sites More sharing options...
Ace 3,556 Posted April 7, 2012 Share Posted April 7, 2012 I've been in my phone, so I can't give him a neg rep but I've also no idea what his neg rep is, can Someone tell me. Quote Link to post Share on other sites More sharing options...
54andcounting 627 Posted April 7, 2012 Share Posted April 7, 2012 I've been in my phone, so I can't give him a neg rep but I've also no idea what his neg rep is, can Someone tell me.-85 Quote Link to post Share on other sites More sharing options...
Crespie6 334 Posted April 7, 2012 Share Posted April 7, 2012 -85 will he liquidate his account and start again? (yes judging by his OP) Quote Link to post Share on other sites More sharing options...
stefmartin16 121 Posted April 7, 2012 Share Posted April 7, 2012 will he liquidate his account and start again? (yes judging by his OP)Nice one. 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.