“We are not a bank” is often stated by HMRC when companies ask for easy terms to pay.

If Rangers benefit from a sweetheart deal with HMRC, then the club would effectively escape without any financial sanction.

One of the tenets of HMRC is that an individual or company should not derive any benefit from not paying on time.

If the “big tax case” goes against the Ibrox club then they will have been found to be guilty of operating an illegal tax evasion scam.

This wheeze allowed Rangers to be the guy in the race on drugs.

The EBTs gave the Ibrox club a secret “war chest” of £24 million during the Advocaat and McLeish years.

If there is a CVA, then Rangers will have been rewarded for tax evasion.

If they are allowed time to pay, then truly HMRC will be providing a credit line to Scotland’s establishment club.

The knock on effect would be, almost certainly, to provoke other SPL clubs into using this get of debt free escape route and file for Administration.

The pleas have been heard over the last week that Rangers Football Club is a “Scottish institution” and part of the “fabric of the nation” well the same could be said of the Royal bank of Scotland.

Is Heart of Midlothian Football Club not also an “institution” revered by many?

It is certainly part of the “fabric” of life in the capital.

Indeed I believe that Scotland’s First Minister is a Jambo.

I am aware that Salmond’s own Special Advisers are privately uncomfortable with his intervention.

http://www.philmacgiollabhain.ie/deals-and-taxes/

The agreed line from the “Spads” when they have been asked about it is that this was nothing more than a kite flying exercise with some soothing words from their boss.

Their reasoning is that if Rangers die then Salmond can say that he tried and if the Ibrox club is saved then he will bask in the glow a little.

However if there is a data trail from Salmond’s entourage to HMRC  asking for special treatment for them then this could blow up in his face.

I know of one colleague who is excellently placed to excavate this story and he’s a Jambo too!

He thinks he has a fair chance of finding a Spad with his spade.

Pesky emails…

Comments

  • john mckenzie

    can’t believe celtic won’t get the SPL trophy on sat if they win or draw and they probably won’t get it for weeks, our next home game is against rangers and yet again everyone is bending over backwards so as not to piss of the establishment, over the past 2 months we have the media printing a load of shite to paper over their cracks and now the SNP having secret meetings with HMRC to go easy on them, so now its open season for every business in scotland , even the media are championing a CVA what about all the small businesses and individuals who will be lucky to get 20p in the pound ……………sorry for the rant guys…………..just can’t believe what I’m seeing and reading !

  • Hector

    Having worked at HMRC in a senior technical role over a lengthy period, I can say that to my knowledge, at no time during that period has a deal ever been done to accept less tax than was due. Just saying….

  • mears blueboy

    seeing as rangers singlehandly raised the co,efficent in europe during these year and which allowed more scots club to compete in euro comps and celtic in to CL they will all be offering to return there monies to uefa ?
    rfc shouldd go to 4th div and work our way back up , lets see spl negosiate there new sky deal with no rangers lol turkeys and xmas , we are rangers

    • frankiethebear

      Mears blueboy,
      you forgot to add
      “and we are skint”
      Besides, if it wasn’t for celtic getting to the last 16 in the champions league, you wouldn’t have been there in the first place.
      If we had to pay uefa back then we would. Rangers can’t even pay their tax bills.
      How far back do you and your ilk wish to take this/ the bottom line is that your club was mismanaged for 20 years, bought players you couldn’t afford, cheated the tax man and consigned God knows how many British servicemen to an early grave due to going into the filed without the proper equipment that the british government were unable to supply and how many lives would have been saved by the NHS with an extra 75 million pounds?
      Your argument is nonsensical in extremis. In fact I don’t know why I have bothered replying to your infantile post in the first place.

  • SteL

    Unlikley. If HMRC ever did have that conversation, employees would have said, “It is not a bank,” as being as it has corporate personality.

    You don’t understand these things much, Mr Magoo.

    • frankiethebear

      SteL,
      Mr Mac Giolla Bhain probably understands more about this subject than Sir David Murray and the Motherwell Billionaire, Craig Whyte know about running a football club and paying taxes.
      You could at least have the common decency to give the man his proper title.

      By the way, Mr Magoo would be a more appropriate alias for Craig Whyte as he is the one who appears to be extremely short sighted especially when it comes to the consequences of not paying taxes due to you beloved crown.

  • delbhoy

    Vatican agent Craig Whyte 1888 mission accomplished.

  • Mark tIerney

    Phil

    I look forward to your investigative piece on the sfa enquiry and if indeed there is a smoking gun with regards to the eufa licence. I think it’s an absolute scandal that the sfa might not disclose the findings in the report and the fact that ogilvie is still there also

  • D. Mulgrew

    Phil, i think at the end of March or April, Rangers are due to pay GAIS compensation for Marvin Celik. Is this money still due or is it written off like the 800,000 rangers owe Hearts for Lee Wallace.

    • Kevin Gallagher

      They are also due to pay Burnley £250k if Laffatme makes another appearance (or it may be two).

    • Phil Mac Giolla Bhain

      Rangers do NOT owe Burnley FC anything for Kyle Lafferty.
      The transfer fee, with all of the additional payments has been paid in full.
      I asked Burnley FC and they confirmed that to me On The Record.
      You heard that “fact” about a trigger payment and wanted to believe it.
      You are just like the RFC fans who DIDN’T want to believe the extent of their club’s financial difficulties.

  • Mark t

    I may be wrong here but does the statement from hmrc on the BBC sport website basically say that rangers won’t be treated any different than anyone else with regards to not paying tax therefore going “all the way” with comments like ” there is very little we can do” it doesn’t really look like the taxman is budging on this after statements like that. So for my own I’ll informed but eager to learn napper, does this not mean two things for them. Liquidation and no history with the start of a new co? Or years and years of massive debt to pay?

  • Adrian

    The sad thing is that is spite of Whyte’s role in selling off the Rangers future earnings, its family silver (Arsenal shares), and dragging the sacred name through the mud in full public view … its fans still hate Neil Lennon far more than they could him or Murray (very minted). Neil is a man who represents all that they hate: he is ‘fenian’ personified.

    They are a strange and irrational bunch. One might say bitter and paranoid even.

    Mind you, quite a lot to feel bitter about these days tbh. And paranoid – the enemy is within, and it always was.

    • Bobmck

      How do you know that the Rangers fans hate Lennon more than whyte? Have you conducted a poll? Maybe you could post your findings. How do you quantify levels of hate anyway?

  • No Rangers = One Scotland

    Some background on Judge Nimmo Smith:

    http://scottishlaw.blogspot.com/

    Few readers here will be surprised to learn that he doesn’t believe in establishment ‘secret circles’ …

  • The more you think about it the more you have to take your hat of to “The Whyte Knight”. He actually bought Rangers FC with their own money. Won’t this go down as one of the great financial scams of recent history? You couldn’t make it up could you?

  • thecastings

    Phil

    The SFA need to be held to account for the following ommission from their enquiry.

    What is the defined scope of the enquiry?
    Why will they not offer the results to the public domain?
    Why can Ogilvie remain when any investigation surely covers a period where he was in charge at Rangers?
    If players are found to have 2 contracts does this then mean that they were not properly registered and following on what happens to results of matches that these players played in?
    ( Remember Sion )
    I fear a whytewash ( pun intended)

  • whale oil beef hooked

    When commenting on the latest MBB “revelations” (note, that B now officially = Businessman) Rangers Supporters’ Trust chief Mark Dingwall is quoted in the “press” as saying:

    “He must think Rangers fans button up the back. Enough is enough, it’s time to go.”

    Couldn’t have put it better myself.

    Keep up the fantastic work Phil.

  • MiKi67

    A wee aside : I notice that Duff & Phelps are advertising on your site…the amazing Irony of it all.

    I agree with many that the end of RFC is ‘a good thing.’
    They,and the ethos driving them & their supporters has been malignant.
    The war is over. Let peace reign.

  • No Rangers = One Scotland

    Today’s FT (wednesday) carries a statement issued by Lloyds: “The deal to purchase the majority shareholding of Rangers FC was a matter between Craig Whyte and Sir David Murray. The bank’s involvement was in relation to the debt owed by Rangers FC, which was repaid in full in accordance with all required regulatory checks.”

    Murray and Lloyds now need to start answering questions, questions yet to be posed by the scots media. Surely even the most basic checks on Whyte would have rung alarm bells. Unless Murray already knew all about Whyte. Did murray advise whyte to pay the £18m debt with the ticket money. Is Murray covering up anything? Or is Murray a wholly innocent party in all this?

  • henrik67

    liquidation would only suit one party and that is rfc. clear of all debts they will be reincarnated and accomodated back into the spl. preference would be to elongate the pain and uncertainty as much as possible. a deal to be struck with all creditors to be repaid in full ( no cva)over an agreed period of time. this would seriously handicap them for the forseeable future. that in my opinion is the price they should pay (pardon the pun) for the gross mismanagement. will this happen is another question.

    • Carntyne

      As has been pointed out elsewhere, there is currently NO mechanism for allowing a liquidated club to re-form and be admitted to the SPL.

      SFA Rule H5 states that in the event of any meber club going out of business there will be one less relegation place, in this case the bottom club at the end of the seson will NOT be relegated.

      That leaves us with 11 clubs, and the winner of the 1st division will be promoted as usual which make the total 12 clubs!

      Do you see any room for another club whether it be Rangers or anyone else?

      Me neither!

      Of course the SPL might decide that league re-construction would suddenly become VERY important.

      They might even decide a fourteen team SPL would make sense!

  • Adrian

    With the latest revelation that Whyte used the Ticketus money to buy the club by paying off outstanding debt, it’s ironic that the Rangers support paid for the takeover ….. but own absolutely NOTHING of the club. I mean, salt and open wounds spring to mind.

    I’m lovin it.

    Phil, can you exclusively reveal if Mr Whyte is in fact a Tim? I think we should be told.

    Also, are Rangers fans obsessed with you? Don’t they have their own true blue sources they can go to on this??

  • exiledcelt

    Let’s look at the situation and the facts as we know them so far. Last summer, Craig Whyte bought Rangers for 1 pound as he borrowed the 18 million to pay to Lloyds off future season tickets. Forget for a moment about any tax bills – wee, medium or small. Fact is Rangers have little source of income nowadays other than away fans at Ibrox (surely Celtic should boycott Ibrox next game), fans coming up for tickets on an as is basis. Remember no shirt deals (sold to Mike Whelan) and catering monies. So even if the Tax Man is forgiving or made to forgive, where is the money coming to even keep the club afloat? Seems maybe the team in Surrey may merge with them and bring their 30 fans with them ha ha. Feeded club? How about money laundry club! If Craig Whyte was actually a Celtic fan in disguise it would not surprise me – I don’t think I could have done a better job dismantling the Evil Empire any better!

  • Chris G

    Will Rangers FC face liquidation? …

    Is the world a fair and just place? …

    Was OJ Simpson “guilty”? ….

    Rangers FC 2011: We are the people!

    Rangers FC 2012: If the glove don’t fit, you must acquit!! …

  • ballybough

    if rangers were allowed to continue and repay hmrc over a period of years then it should be on conditon that they are not allowed to run at an annual deficit until every last penny is paid, not only to hmrc but to every other club or company or individual they owe money to.

  • Iain Mackenzie

    Here Phil,

    Any chance you could investigate how much tax celtic avoided with their biscuit tin scams deflating the crowds at Celtic prior to Fergus McCanns takeover ?

    I’m sure you must be outraged at this.

    • Phil Mac Giolla Bhain

      Iain. I acknowledge your pain.

    • Andybhoy

      It’s behind youuu

    • PaulMc

      Lordy lordy! Leckie’s been upsetting the patients again! You’ll get more info from the Sunday Post’s Oor Wullie and The Broons section than you ever will reading that fantasist’s crayon doodles.

    • dominic

      Iain, rearrange these words, straws, at, clutching.

    • Ian Ferguson

      Iain, THAT is a red herring the laptop seem determined to keep going.

      How much does HMRC say Celtic owe?

    • gerard francis reilly

      i don,t believe that the poor wee souls who are crying crocodile tears who are rfc employees , are saying that they did not know that their nice bosses in edminston drive were not sending their paye incomw tax and nat. ins contributions ? i would guess that a few of the wee lambs are admin staff ? any bells ringing yet ? i thought that admin staff dealt with wage slips etc ? so joe public is to believe that the big nice suits in the former rfc fiddled tax returns unknown to admin staff who process the paperwork to be sent to the HMRC ? any bells now ? wee fat sally cried croc tears for what he called staff who are part of the so called rfc institution , and a post previous pointed out what that word means ! oh, the bells , the bells , are ringing but wee sally and his beloved staff decided not to listen !! as they say , the chickens are coming home to roost , only problem being do they have a barn to live in ?

  • Ralf

    The latest news from a national radio station saying that Craig Whyte is standing down in a few weeks, this would suggest to me that a consortium are buying the club in a few weeks. it could be Paul Murray and others, who are promising to pump millions in.

  • Bhoy67

    Phil
    Is mr whyte still the main creditor?

  • Willie

    Call me cynical if you will! This mob will slither out of this with only a ten point deduction and any criticism will be blatently silenced by the Aye Ready Rangers media. As a life long SNP supporter Salmond has scored a spectacular own goal.

    • redetin

      “spectacular own goal”. Naw, but he was definitely offside and a number of his supporters have telt him what they think.

  • William Hodge

    Oh dear Oh dear as David Francie used to say.

    Phil you need to enlighten your followers to the reality, they are not listening anymore, they smell blood, but they aren’t going to get it are they?. Liquidation is not an option!!!

    • for every fiver

      and how do you know that,unless of course you are one of the three judges on the ftt…wait a minute

    • Andybhoy

      Silly Billy,there will be no other outcome than TOTAL liquidation,,cover your eyes.

    • Bodbhoy

      Note to William, Gary & Ralf, it’s time to accept the inevitable. RFC have had a good run at it, this time it’s terminal, with no quick fixes, sugar daddies or indeed billionaires.The end is nigh, please no more deluded retoric just lay down roll your sleeve up and prepare for the end.

  • Lenny Bhoy

    Correct me if I’m wrong but is Government intervention in a national sport body illegal in the UEFA and FIFA rulebook? If so do UEFA and FIFA have the powers to ban all participation of its national team and its members clubs indefinitely? This clearly gets more murky by the day, but then as Winston Churchill once famously said,”Politics is a dirty game for dirty people.”

  • Tom O'Hanlon

    I see some of the supporters of the poor team in our city have their heads stuck in the sand. Wake up and smell the coffee, your team might be beyond saving now (Garry) where are these potential buyers you mentioned or are they like the bid for your star stiker (£9 million) at the end of August. Phil had the bottle to report all of his findings in the past couple of years. I for sure will be a celebrating when the poor team from the city are out of business

  • Marc

    I think our esteemed First Minister is far too savvy to be caught red-handed however, you allude there is a strong possibilty he may.We can but wait and see.Agree with your comments on the “Spads reasoning” as Mr Salmond is very adept at spotting and utilising every opportunity to increase both his personal and party’s popularity. As regards HMRC agreeing to a CVA, to my knowledge they have voted against such arrangements in 100% of administration/liquidation cases where they have been a creditor and I cannot see any exception being made in this case.Also HMRC’s much heralded “Time to Pay” initiative is very much a thing of the past and is now refused in almost all cases. Let us just say that there are many interested observers waiting to pounce on any HMRC precedents that may be set.

  • garry kerr

    Oh oh Phil – your declaration of Rangers death starting to make you look a bit stupid now? Panic button anyone? Hahahaha – Many people are interested in buying the club Phil and your dream of a Scotland without Rangers is NOT GOING TO HAPPEN – once again hahahahaha – you are going to spend the rest of your life with your wee band of sycophants crying about the time the establishment club was saved by the Government.

    FYI http://www.bbc.co.uk/news/business-11658950

    the tax don’t let anyone off? Grow up and do your research instead of relying on your moles doing it for you

    • Carntyne

      ‘GarryKerr’

      Used your link to the BBC website and guess what?

      HMRC said they had examined Vodaphone’s accounts found they were due £1.2bill in tax which was duly paid.

      I am sure they have likewise examined Rangers accounts and equally sure that Rangers will pay their £50 odd million due.

      If not, liquidation looms.

    • Marc

      Oh dear Garry! falling for the same PR spin from “Ibrokes” whether it be administrators or CW machine.Where were all these potential buyers beating a path to David Murray’s door during the long period the club has been up for sale?I would suggest that you digest carefully every statement from the administrators as they are full of rhetoric and short on facts.I and many others could express a note of interest as I am sure our pound is as good as Mr Whytes.BTW Vodafone case totally different from Rangers as it involved various complex and unclear issues of legislation nor was it a case of tax evasion! I return your “Do the research” comment for game,set and match.

    • Thekwizatshaderach

      “Any fool can criticize, condemn and complain and most fools do”

      Benjamin Franklin

    • Brendan

      Carntyne – I would not bother if I were you mate, heads in sand and arrogant guffawing…. kinda typical of Garry’s not very insightful contribution..

      He can scoff all he likes but you know he’s a bystander like so many of his brethern, nowhere when Murray asked the loyal to stump up a bit, you know not us we’re Rainjurz…did nothing, do nothing, we’re entitled, we’re Rainjurz… dead funny…

      Brendan

    • Straight Talker

      Why should Rangers fans stump up money when we know that the Natural bias towards the superior people and club would always save us?

      Jelly and Ice Cream all round _ I am buying with your tax money.

    • Ralf

      You’re right, there are many people wanting to buy Rangers, I believe the club will survive.

  • Semaj68

    The 1952 Eire flag affair,The problem with catholic schools,the jim farry affair,The you can run but you can’t hide banner. R.I.P. rangers ,

  • iain

    I get that you worked to uncover the story in the first place.

    I get that you want to bask in some glory at your apparent hand in the big story becoming…well big.

    But what I don’t get is your trouble with a foreign tax institution and how they may potentially deal with a business in that foreign country.

    You are Irish as you keep telling us..why should it bother you if the UK tax agency decides to act like a bank?

    • Carntyne

      Because he is a Celtic supporter!

      Doh!

      HMRC acting as Rangers private bank, (unknowingly) has allowed the Ibrox club an illegal finacial advantage over all the other clubs in the SPL, so any fan of other clubs apart from Rangers feel hard done by.

      Liquidation looms!

      Bye, Bye, Rangers!

    • Brendan

      And there you have it……

  • Catherine Shields

    Rangers f.c. might be an institution, as was Wolworths, Pan-am and quite a few others. I think you could say, the public has managed extremely well without them. Did you know that one of the of the definition’s of the word – institution – IT IS A PLACE OF CONFINEMENT, SUCH AS A MENTAL HOSPITAL. OK. So now we know !!!.

  • Timabhouy

    AS STATED BEFORE EVERYONE CONTACT THE TAX PAYERS ALLIANCE NO DEALS , PAY UP , THIS IS A STRONG VOICE GET THEM ON OUR SIDE
    I PAY MY TAXES I GET NO DEALS SO WHY SHOULD THEY.

  • Fritz Agrandoldteam

    So, Alex Salmond wants to save ragers because of all the SNP supporters in their fan base? Do me a favour!

  • maximus

    Alex is too Wiley a character to be caught having paper trails and the like…he would probably have an email asking for some generic stuff they way politicos do. He can then say the tried or they saved the club.

  • bobby sixkiller

    We’re told that “the big hoos must stay open” and “Rangers will never die” and “don’t do walking away.

    So it appears RFC are here to stay

    However a new company which has been set up for the purpose of avoiding a massive tax liability shouldn’t be allowed anywhere near Scottish Football.

    What example will this set? We’re told that Rangers are needed in the SPL for the good of Scottish Football.

    So Scottish football is more important than the National Health Service, Policing, Schools etc

    ??

  • Pol

    Good enlightening piece of jornalism yet again Phil. This HMRC business is pretty complicated its good that you explore the pitfalls or the easy way out avenues that are being manipulated to rangers advantage. Cheers

  • Good morning, & HAIL HAIL PHIL, THE SAGA SO FAR THE SAGA CONTINUES, PHIL A WEE QUESTION, IF RANGERS FC PLC ( IN ADMINISTRATION ) HAVE BEEN USING P.A.Y.E. V.A.T & N.I. CONTIBUTIONS SINCE CRAIG WHYTE TOOK OVER AND NOT SUBMITTING THEIR TAX- REMITTANCES, CAN H.M.R.C. PROSECUTES MR WHYTE AND MR WHYTE ONLY,JUST A THOUGHT TAKE CARE & G.B N.L. & YOURSELF OF COURSE CANADIAN CELT J.T.M.C.S.C BRANTFORD.CANADA

  • frankiethebear

    Phil et al,
    please forgive my ignorance, but I cannot understand why or how CW was able to persuade Ticketus to part with 24 million quid on nothing more than a promise. CW did not own RFC, so why was he able to mortgage four years of season ticket sales for 24m when he had no legal right to sell the tickets in the first place? There must be something glaringly obvious that I am missing here. Was the season ticket sale underwritten by wavetower as was or liberty? I just cannot get my head around this at all. Can someone please clarify how this piece of business was conducted and whether VAT was paid on the sale/mortgage? Somehow I think the answer to the latter is a resounding “No”.
    keep up the good work, one and all.

  • BromleyBhoy

    Hi Phil,

    I strongly disagree with you on this.

    What is your alternative? That Rangers go into liquidation set up a newco and walk away from the debt? Therein lies madness.

    It makes much more sense for them to pay up in full over 10 years. This will cripple their club for the longterm. It will create a reflection of the profligate years.

    I personally am reminded of the Joseph bible story – 7 years of plenty then 7 years of famine… except they will have 10 years of famine AND they never heeded the warnings to save for the future.

    Nope that is the only way forward.

    B

    • Carntyne

      You’re entitled to your oninion, but the demise of Rangers can only be to the good.

      This vile club, for a hundred years a rallying call for bigotry, racism, and sectarianism, should be put out of business.

      I don’t want my grandchildren growing up and having to deal with the cancer that is Glasgow Rangers Football Club.

  • Night Terror

    If most of a club’s debt is to a bank, clearing it by way of a CVA is not straightforward.

    How many CVAs have been achieved with the approval of the banks involved?

  • Joe Cunningham

    Phil, Do you think that Rangers will face any further sanctions from the ruling bodies ( SPL, SFA etc ). It seems to me that they have been cheating us all since May last year and continuing to pay players they cannot afford, therefore, gaining a massive advantage over the other 11 SPL clubs THIS season. 10 points seems a very leniant penalty given the level of blatant Tax avoidance under Whyte ? Shouldn’t they be deducted ALL their points thay gathered whilst cheating ?

  • Phil, am I right in my supposition that if indeed the Ticketus money was used (£18 million) to pay off Lloyds then ‘The Whyte Knight’ (oh what an amazing story this is) is not then a creditor of Rangers (in administration) as it wasn’t his money? Discuss please.

  • You just get better and better with your wise words

  • phil whats never mentioned is the money they gained from uefa,the sfa and the spl. from competing in and winning competions with the players they signed during their ebt period. they imo would be either no longer with us or limping along like a hamilton or airdrie without this cash

  • Andybhoy

    ‘Fabric of the nation’,,,, yeh,,a blood soaked bandage.

  • Big Swee

    If there is indeed an e-mail chain from the governing members of Scotland then surely Fifa and UEFA can hammer all clubs and national team to the extent of being barred from all competition due to government interference!

    Suicide!!

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