Even simpler solution to Rangers Money Problems
Win the tax case, meaning the £50m paid out through EBTs was all legal and above board
Chances are pretty slim mind you but hey
Simple Solution To Rangers Money Problems :
NewCo and drop the debt.
die gracefully and say no more about it.
Drag it out and watch the articles mount! If only we had 1p for every article timmy posted about it!
mitre drop the copy and paste mate
newco equals new cheats without the previous debt
"If all of the recipients of the 'Loans' repayed them to the club"
---------------
The loans weren't made by the club, they were from a trust (the "T" in EBT).
So repay them to the trust and the trust puts the money back into Rangers
simples
Not sure there's any provision for the trust putting money back into Rangers. I'm afraid real life isn't as "simples" as you would like.
Page 1 of 1
First
Previous
1
Next
Latest
Sign in if you want to comment
Simple Solution To Rangers Money Problems
Page 1 of 1
posted on 25/5/12
Even simpler solution to Rangers Money Problems
Win the tax case, meaning the £50m paid out through EBTs was all legal and above board
Chances are pretty slim mind you but hey
posted on 25/5/12
Simple Solution To Rangers Money Problems :
NewCo and drop the debt.
posted on 25/5/12
die gracefully and say no more about it.
posted on 25/5/12
Drag it out and watch the articles mount! If only we had 1p for every article timmy posted about it!
posted on 25/5/12
mitre drop the copy and paste mate
newco equals new cheats without the previous debt
posted on 25/5/12
"If all of the recipients of the 'Loans' repayed them to the club"
---------------
The loans weren't made by the club, they were from a trust (the "T" in EBT).
posted on 25/5/12
So repay them to the trust and the trust puts the money back into Rangers
simples
posted on 25/5/12
Not sure there's any provision for the trust putting money back into Rangers. I'm afraid real life isn't as "simples" as you would like.
Page 1 of 1