Derek Keilloh in the daily ranger saying what I'd love to hear said in reply to most of the radio tosh I've listened to up til now.


http://www.dailyrecord.co.uk/opinion/sport/dundee-united-record-fc-know-6805403



Im also getting sick of hearing septic fans taking a zombie stance as they are being financially bitten by the living dead's absence. 'Bragging rights' my arse. What the cheating bastards inflicted on most teams was more painful to the wee teams in Scottish fitba!

The South African who paid millions to keep himself out of jail (but not as much as he owed the tax man) has this to say today:

"the football team had no advantage from any tax savings from the scheme"

"Certain players may not have signed for the Club without the perceived benefit of personal tax savings but there was no general advantage for the player squad, or the performance on the pitch"

"This is a misguided attempt (that will ultimately fail) to rewrite history and defeat Rangers off the park when their teams could not do so on the park at the time. The history of many other clubs would have to be rewritten if this illogical argument was to be consistently applied"


This is on the official Ibrox website. I think their new club is going down the pan like the last one, with statements like those.

Billy_Hainey wrote:

PatReilly wrote:

...............................

This is on the official Ibrox website. I think their new club is going down the pan like the last one, with statements like those.

We can all live in hope Pat.
 

Seriously, they are issuing threats to groups they should be trying to keep on their side.... you know how it's never their fault...... I think they are trying to set off a reaction which will then give them someone to blame when administration arrives.

No doubt King's latest bizarre rant (complete with unconscious irony ) was connected to the debate between counsel in the COS today as James Doleman points out in his report on the same.

Well worth a read

http://bellacaledonia.org.uk/2015/11/12/mr-green-in-the-boardroom-with-the-truth/

Last edited by scarpia (12/11/2015 8:52 pm)

For the purposes of fairness I've reproduced King's statement here. I note that someone has taken it upon themselves to correct the bad grammar in the 2nd paragraph, to be a more contrite self-opinion of King Dong.

It is disappointing that a debate has re-emerged around the subject of Rangers’ history in Scottish football. It must be especially frustrating for the Club’s supporters who again find individuals within the structures of Scottish football unfairly targeting the Club.

As the one individual who was a major shareholder and director throughout the period that gave rise to the HMRC dispute, as well as a convicted tax cheat, I believe that I am uniquely positioned to make three important observations.

First, irrespective of the final outcome of the tax appeal (which might take several more years) the football team had no advantage from any tax savings from the scheme put in place by the Murray Group. Throughout the period in question the shareholders were committed to providing funding to the Club. The tax scheme may have reduced the need for shareholders to provide higher levels of funding so, as I have tried to make clear in the past, any advantage gained would have been to the company and its shareholders, not the team. Certain players may not have signed for the Club without the perceived benefit of personal tax savings but there was no general advantage for the player squad, or the performance on the pitch. We would still have signed players of equal abilities if one or two had decided they didn’t want to sign under different financial circumstances.

Secondly, Lord Nimmo Smith has fully and finally dealt with the legitimacy of the continuity of the Club’s history. There is no more to be debated on that issue

Finally, it is extraordinary that representatives of other Scottish clubs – who admit the damage done to Scottish football by Rangers’ removal from the Premier League – should even wish to re-engage with this issue. It is time those individuals, who represent other clubs, recognise their legal and fiduciary responsibilities to their own clubs and shareholders rather than submit to the uninformed ramblings of a few outspoken fans to whom attacking Rangers is more important than the wellbeing of their own clubs.

This is a misguided attempt (that will ultimately fail) to rewrite history and defeat Rangers off the park when their teams could not do so on the park at the time. The history of many other clubs would have to be rewritten if this illogical argument was to be consistently applied.

Having reviewed documentation that has become available to me I believe that Rangers was harshly and, in some instances, unfairly treated in the period leading up to demotion from the Premier League. However, that is now history and I have publicly stated, with the full support of the recently installed board, that we wish to put the past behind us and move on in partnership with all clubs throughout Scotland to improve and restore the image and quality of Scottish football as a whole. This will be to the benefit of all clubs.

For the avoidance of doubt, however, I wish to make one point clear. If the history of our Club comes under attack we will deal with it in the strongest manner possible and will hold to account those persons who have acted against their fiduciary responsibilities to their own clubs and to Scottish football.

They seem to like threatening folk.That'll go down well with the Govan Isis.

Hopefully some other clubs show balls now and stick their head above the parapet

Billy_Hainey wrote:

For the purposes of fairness I've reproduced King's statement here. I note that someone has taken it upon themselves to correct the bad grammar in the 2nd paragraph, to be a more contrite self-opinion of King Dong.

It is disappointing that a debate has re-emerged around the subject of Rangers’ history in Scottish football. It must be especially frustrating for the Club’s supporters who again find individuals within the structures of Scottish football unfairly targeting the Club.

As the one individual who was a major shareholder and director throughout the period that gave rise to the HMRC dispute, as well as a convicted tax cheat, I believe that I am uniquely positioned to make three important observations.

First, irrespective of the final outcome of the tax appeal (which might take several more years) the football team had no advantage from any tax savings from the scheme put in place by the Murray Group. Throughout the period in question the shareholders were committed to providing funding to the Club. The tax scheme may have reduced the need for shareholders to provide higher levels of funding so, as I have tried to make clear in the past, any advantage gained would have been to the company and its shareholders, not the team. Certain players may not have signed for the Club without the perceived benefit of personal tax savings but there was no general advantage for the player squad, or the performance on the pitch. We would still have signed players of equal abilities if one or two had decided they didn’t want to sign under different financial circumstances.

Secondly, Lord Nimmo Smith has fully and finally dealt with the legitimacy of the continuity of the Club’s history. There is no more to be debated on that issue

Finally, it is extraordinary that representatives of other Scottish clubs – who admit the damage done to Scottish football by Rangers’ removal from the Premier League – should even wish to re-engage with this issue. It is time those individuals, who represent other clubs, recognise their legal and fiduciary responsibilities to their own clubs and shareholders rather than submit to the uninformed ramblings of a few outspoken fans to whom attacking Rangers is more important than the wellbeing of their own clubs.

This is a misguided attempt (that will ultimately fail) to rewrite history and defeat Rangers off the park when their teams could not do so on the park at the time. The history of many other clubs would have to be rewritten if this illogical argument was to be consistently applied.

Having reviewed documentation that has become available to me I believe that Rangers was harshly and, in some instances, unfairly treated in the period leading up to demotion from the Premier League. However, that is now history and I have publicly stated, with the full support of the recently installed board, that we wish to put the past behind us and move on in partnership with all clubs throughout Scotland to improve and restore the image and quality of Scottish football as a whole. This will be to the benefit of all clubs.

For the avoidance of doubt, however, I wish to make one point clear. If the history of our Club comes under attack we will deal with it in the strongest manner possible and will hold to account those persons who have acted against their fiduciary responsibilities to their own clubs and to Scottish football.

They seem to like threatening folk.That'll go down well with the Govan Isis.

 
I see what you did there (eventually  )

Oh and on the subject of Dave King "major director and shareholder" someone elsewhere has worked out that his shareholding in deadco peaked at a gigantic 10% before dropping down to a major (ahem) 5.3% where it still stands until BDO wind that particular clusterfuck up.