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

s that Subbuteo's Shaun Wright-Phillips? Crikey, I thought he'd retired. Although I guess 'Only' QPR is like a retirement home.

duckman
The Earl Grey Gossip

C

an we release him in January?

dhirt11
Gerrard: I would leave Anfield

E

xcellent! Not sure if he is any good as a manager (never thought about it) but the 'headbutt in the technical area' and what he said to Pelligrini were just brilliant, it was as if he was trying to recreate the end of the Alan Partridge Xmas special when Alan punched a man in a wheelchair and verbally abused Tony Heirs.

beachend
Football Managers On TV: Alan Pardew

Footer 365

Premier League: Louis Van Gaal confirms Wayne Rooney will captain United in Manchester derby

Louis van Gaal has confirmed Wayne Rooney will play and will captain Manchester United in Sunday's derby against City.

Bundesliga: Borussia Dortmund forward Marco Reus shrugs off transfer talk

Marco Reus insists his future is the last of his concerns amid reports Bayern Munich want to sign the Dortmund ace.

Premier League: Wenger not ruling out Arsenal title bid

Arsene Wenger is not ruling the Gunners out of the title race despite being nine points behind leaders Chelsea.

Mail Box

A Detailed Defence Of Alex Song And...

...lots more in a mailbox that takes in Manuel Pellegrini's woes, Steven Gerrard's future, Carlo Ancelotti, Alan Pardew and Alan Pardew's daughter. A fine read...

Is Ancelotti A Better Boss Than Mourinho?

That's one shout in the mailbox, although not as controversial as the mail imploring Jose Mourinho to sign Steven Gerrard in January so he can win the title he deserves...

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