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David Hillier Professor of Finance at Strathclyde Business School in the University of Strathclyde reakons this will be the case. This guy really knows his stuff and I see the Rangers Tax case blog character is basically getting desperate in the following Twitter exchanges

@rangerstaxcase

CVA now requires HMRC capitulation and acceptance of RFC "getting away with it"- implications for tax collection from others.

@DavidHillier

I would consider it a pragmatic decision to maximise tax payment under trying circumstances.

@rangerstaxcase

Didn't get an answer last night: what is your estimate of RFC's likely tax liability? (I provided my estimate)

@DavidHillier

£5-12 million final settlement. I did analysis different way from others. See previous tweets.

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Not news at all just an opinion...the BTC is very fast approaching it's 90 days period where they are meant to return a verdict...in fact that is the end of this week

really? that would coincide with the winning bidder announcement. :sherlock:

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Not news at all just an opinion...the BTC is very fast approaching it's 90 days period where they are meant to return a verdict...in fact that is the end of this week

Stop being a Spoilsport let us finally have some sunshine and happiness .

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Not news at all just an opinion...the BTC is very fast approaching it's 90 days period where they are meant to return a verdict...in fact that is the end of this week

End of the week , new owners with plenty of cash , btc finshed with a favourable outcome for us , tlb gets 8 game ban and 10k fine( even though we all know it should be more ) ,and we get another 3 points . Happier Days

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End of the week , new owners with plenty of cash , btc finshed with a favourable outcome for us , tlb gets 8 game ban and 10k fine( even though we all know it should be more ) ,and we get another 3 points . Happier Days

If that all happens, I'm opening a burger van @ Erskine bridge this Friday, free burgers for happy faces, last meals for over the top guys :21:

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Just read through the whole feed. It's amazing how desperate Timmy is. They clearly know nothing but are desperate for it to be a huge figure.

Particularly liked this one from Hillier:-

@DavidHillier: @rangerstaxcase Thing I would change re: RFC valuation. Non-current assets inflated in accounts. Correction would lead to even smaller CVA

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Not news at all just an opinion...the BTC is very fast approaching it's 90 days period where they are meant to return a verdict...in fact that is the end of this week

How do you know the 90 days are nearly up ?

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Another sign of Timmy desperation, trying to make out we're a special case worthy of greater punishment.

@marleycelt: @DavidHillier @trof4st @rangerstaxcase but surely, this case is not your average 'distressed firm' type scenario. Unprecedented, David!

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@DavidHillier: @marleycelt @trof4st @rangerstaxcase not really. Similarities are incredible with other SMEs.

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