Are Rangers recent trophies void?

*evasion

EBT were proven to be legal tax avoidance schemes

Rangers ran EBT schemes.

The point being argued is how they operated them and whether that invalidates the tax loophole. Lets not suggest otherwise.

so just to re-cap

the berzz here think it's ok to throw money about to gain success because everyone else is doing it, although everyone else is doing it with thier own money. If they lose it, they lose it and no-one is accountable, just hard luck.

Rangers did it with the governments and everyone elses money to try and buy the success they craved, and ultimately failed miserably.

now it's time to pay this money back and it's not there so they go into administration and scre-w everyone all over again (dundee utd, rapid vienna, the pie shop doon the road)


cover it ?

Tone - aye, just about covers it - if yer talking out yer erchie!

Footballs clubs are rarely run successfully and in profit.

Rangers borrowed hugely, and Murray took a hit to clear a chunk of it.

Rangers' Directors of the time are accused of allegedly misusing EBTs. They may be innocent, or guilty, time will tell.

Rangers are in admin only because Whyte has with held £9m of tax in 9 months. That's it. That is the ONLY way HMRC could have asked for administration, as the big tax case is not yet resolved, therefore as at today, nothing is due.

Right so tax evasion is illegal.

If Rangers are found to be guilty of tax evasion....whats the penalty, whats the punishment.....a £75m bill arriving on the doorstep.

The point here is that Rangers used a loophole with EBTs...Rangers and many many others used this loophole.

This loophole has been closed, and a number of clubs that used it had the readies available to come to a settlement with the taxman...Rangers didnt, that why it has went to a tribunal and the like, and if found guilty, Rangers will be faced with the full liability, unlike Arsenal who apparently owed £300m and paid just £10m.

What I'm getting at here is, at the end of the day, if Rangers are found guilty...the punishment is a massive debt to pay, nothing more.

For all that illegal activity...the end result is just money that is now owed...so its debt, like any other circumstance, its just debt!

The punishment for the crime is massive penalties added to the tax bill...and unlike your Arsenals and other of this world, Rangers are actually faced with paying everything back, and then some...not a pittance.

In footballing terms....Rangers will just be a club with massive debts to pay if found guilty, and in some circumstances, there are clubs out there with much more debt in relation to their income/turnover than Rangers, and even with £75m added onto Rangers current debt, it doesnt make them really that much worse in terms of debt in relation to turnover than some clubs out there.

So yes, illegal activity has led to the debt being there....but why are Rangers different to other clubs that are up to their eyeballs in debt???..why should their achievements be demeaned becasue the debt they have racked up is tax not being paid and penalties for that...its all just money owed...its all just money that is now owed...its all just debt!

No. Re-read the thread, thicklhad. ,ok>

St3vie... that was directed at Tone... no you.

should it be 'not you'

"should it be 'not you' "

No if yer talking in the vernacular, Thicklhad.

Plus... if you are asking a question... stick a question mark after it.

Walter was soo skint when he won three in a row, he only spent £45M, it's a real sob story.
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Check the income column as well as expenditure. Walter had a net spend of about £5m over 4 years.