Gers reassure fans over tribunal

Rangers have moved to reassure supporters that the impending tax tribunal outcome will not affect the current Ibrox regime.

Last Updated: 30/10/12 at 18:57 Post Comment

Ibrox: Impending tax tribunal outcome will not affect the current regime

Ibrox: Impending tax tribunal outcome will not affect the current regime

A ruling on the use of Employee Benefit Trusts throughout the first decade of the century at Ibrox is believed to be close but any sum due will only be added to the debt left when the original Rangers were consigned to liquidation.

A statement on the club's official website read: "There has been growing speculation recently that an announcement from the First Tier Tax tribunal is imminent.

"The club has no knowledge of when such an announcement will be made.

"However, the club as it now stands as part of The Rangers Football Club Ltd, has been informed by Her Majesty's Revenue and Customs that any decision by the First Tier Tax Tribunal will not affect the operations of The Rangers Football Club Ltd."

The statement added: "HMRC have recently reaffirmed this position to the club's tax advisers, Deloitte.

"The Rangers Football Club Ltd is a company free of external debt and all liabilities relating to 'oldco' are a matter for the administrators."


Click here for completely free £10 bet with Sky Bet & £5 free every week


Related News

Most Commented

Readers' Comments

Y

es, these stats are right. Rio Ferdinand definitely had a better debut than Fernando.

that man
Top Ten Debutants From Opening Weekend...

I

know it's only one game, and Arsenal have got an amazing midfield as is; but seriously, is Arsene Wenger the only person on Earth who doesn't want Cesc at their club?

Ezy_Rider
Top Ten Debutants From Opening Weekend...

P

S - 'Squeezes [English] out of his mouth like it's an elastic band he's found in his lamb bhuna' - bravo. Marvellous stuff

Ezy_Rider
Football Managers On TV: Paul Lambert

Footer 365

Premier League: Former Cardiff boss Malky Mackay promises to co-operate with FA

Malky Mackay says he will co-operate fully with an FA investigation into Cardiff's text message dossier.

Premier League: Arsenal boss Arsene Wenger doesn't regret not signing Cesc Fabregas

Arsene Wenger is adamant there are no regrets about not re-signing former Arsenal captain Cesc Fabregas this summer.

Arsenal manager Arsene Wenger has backed under-fire Jack Wilshere

Arsenal manager Arsene Wenger has backed midfielder Jack Wilshere to prove the doubters wrong.

Mail Box

Man United Fans Clutching At Straws

While the focus is on Liverpool's move for Mario Balotelli, one Man United fan tries to convince the mailbox with nine reasons why Angel Di Maria would prefer them to PSG...

Rojo Is A Better Signing Than Hummels

There's some big talk in the morning mailbox, which claims that Man United were right to sign Marcos Rojo instead of Mats Hummels. Plus, one Gooner's happy Arteta's out...

© 2014 British Sky Broadcasting Ltd. All Rights Reserved A Sky Sports Digital Media property