RICHY1775 32 Posted June 2, 2012 Share Posted June 2, 2012 So many people on here are clueless. The CVA involves our creditors, HMRC are a creditor for £9 million for money that Whyte did not pay them. The big tax case has not been decided, we could owe them £50 million for that or we could get found not guilty and owe them fuck all, this may also not be decided for a year or two. We currently owe HMRC £9 million and they are a creditor for this amount.The big tax case does not have any influence on the CVA atall as the CVA is money that we owe, and currently we owe nothing for the big tax case. It's not hard to understand, although so many people seem to know fuckall about what's happening!Why don't you read the CVA proposal document first before making things up out of your imagination like saying the BTC dosent have any influence on the CVA. The £9m you say we currently owe is also fuckin mince. It's actually over double that amount. The CVA lays out what the creditors "might" get in each scenario. So basically, the creditors are voting on an uncertain return on the money they are owed. As I said, read the fucking document first before coming out with nonsense. Quote Link to post Share on other sites More sharing options...
airdriebluenose 351 Posted June 2, 2012 Share Posted June 2, 2012 Why don't you read the CVA proposal document first before making things up out of your imagination like saying the BTC dosent have any influence on the CVA. The £9m you say we currently owe is also fuckin mince. It's actually over double that amount. The CVA lays out what the creditors "might" get in each scenario. So basically, the creditors are voting on an uncertain return on the money they are owed. As I said, read the fucking document first before coming out with nonsense.Well £9 million was just a rough figure I was using for talking's sake. The big tax case can not be involved in the CVA as we don't know whether the big tax case will cost us £50 million, or nothing. Quote Link to post Share on other sites More sharing options...
blanco79 1 Posted June 2, 2012 Share Posted June 2, 2012 Its a red herring.The CVA will get knocked back, the oldco will be liquidated, and Rangers will start next season with a clean slate.Timmy will be most upset.I don't think he'll be too upset when we get banned from europe for 3 years under the newco! Quote Link to post Share on other sites More sharing options...
El Carpintero 546 Posted June 2, 2012 Share Posted June 2, 2012 Yes.Do they not have 14 days to change their mind? Quote Link to post Share on other sites More sharing options...
WVB 2,560 Posted June 2, 2012 Share Posted June 2, 2012 I don't think he'll be too upset when we get banned from europe for 3 years under the newco!Oh i think they will..........they want us dead. Quote Link to post Share on other sites More sharing options...
blanco79 1 Posted June 2, 2012 Share Posted June 2, 2012 Oh i think they will..........they want us dead.well we better hope CG's investors are gonna spend big or we'll be fucked. Quote Link to post Share on other sites More sharing options...
boss 1,941 Posted June 2, 2012 Share Posted June 2, 2012 Well £9 million was just a rough figure I was using for talking's sake. The big tax case can not be involved in the CVA as we don't know whether the big tax case will cost us £50 million, or nothing.You are completely wrong. The Big Tax Case is included in the CVA. Quote Link to post Share on other sites More sharing options...
boss 1,941 Posted June 2, 2012 Share Posted June 2, 2012 Do they not have 14 days to change their mind?28 days. That's part of the CVA process. Quote Link to post Share on other sites More sharing options...
Rupret 223 Posted June 2, 2012 Share Posted June 2, 2012 I still say if RFC admit liability in the BTC, HRMC will say yes please to a CVA.Or is this too many acronyms? Quote Link to post Share on other sites More sharing options...
blanco79 1 Posted June 2, 2012 Share Posted June 2, 2012 I still say if RFC admit liability in the BTC, HRMC will say yes please to a CVA.Or is this too many acronyms? why would it make any difference? Quote Link to post Share on other sites More sharing options...
El Carpintero 546 Posted June 2, 2012 Share Posted June 2, 2012 28 days. That's part of the CVA process.Is that where people are getting the 12th July thing from? Quote Link to post Share on other sites More sharing options...
Rfc#1. 1,877 Posted June 2, 2012 Share Posted June 2, 2012 Is that where people are getting the 12th July thing from?Yes. Quote Link to post Share on other sites More sharing options...
El Carpintero 546 Posted June 2, 2012 Share Posted June 2, 2012 Yes.Cheers. Surely too good to be true. Quote Link to post Share on other sites More sharing options...
Rfc#1. 1,877 Posted June 2, 2012 Share Posted June 2, 2012 Cheers. Surely too good to be true.It's fated as they day we won. Quote Link to post Share on other sites More sharing options...
Rupret 223 Posted June 2, 2012 Share Posted June 2, 2012 why would it make any difference?Because if RFC accept blame HMRC can go after half the clubs in the EPL as a tax precedence has been raised, my own opinion btwSo HMRC accepts 5p in the pound to gain much more Quote Link to post Share on other sites More sharing options...
WVB 2,560 Posted June 3, 2012 Share Posted June 3, 2012 well we better hope CG's investors are gonna spend big or we'll be fucked.Better than dead, for the time being. Quote Link to post Share on other sites More sharing options...
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