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

I

put Ince in my fantasy football team, so it's no surprise at all really. I do that to players. Also responsible for De Jong and Upson being injured. Think I'll transfer in Di Maria just to ruin United....

megabrow (cufc)
F365's Top Ten Surprise Strugglers

L

ovren? £20m always seemed a touch on the expensive side, but I wasn't expecting him to be quite such a waste of money

stevenjameshyde
F365's Top Ten Surprise Strugglers

H

alf of our players have the physical presence of a 14 year old girl. I don't know why people are always shocked that they're injured.

TheWhiz
Wenger baffled by injuries

Footer 365

Sky Bet Championship: Fulham thump Bolton, Huddersfield win at Wolves, Leeds held

Fulham thrashed Bolton 4-0 in the Championship, while Huddersfield won at Molineux to deny Wolves top spot.

Premier League: Sunderland boss Gus Poyet delighted Lee Cattermole stayed at club

Gus Poyet believes keeping Lee Cattermole was the best transfer decision he has made while at Sunderland.

Champions League: Liverpool out of sorts in 1-0 defeat at FC Basel

Liverpool paid the price for a disjointed performance as they fell to a 1-0 defeat to FC Basel in the Champions League.

Mail Box

It Was Better When City Were Rubbish

'I think I preferred it when we were s**t' says one City fan in the afternoon mailbox. There's a decent chat about the empty seats plus views on Liverpool and Roma...

Do City Really Need To Expand Their Stadium?

That's the question posed by one Man United fan in the mailbox after seeing the empty seats at the Etihad last night. Sadly, there isn't a single mail from a City supporter...

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