But the policy issue seems to have more to with putting down a marker that HMRC will go after those in football and elsewhere who don't pay their tax. The liquidation announcement came on the same day the Treasury announced plans to give HMRC powers to tackle "artificial and abusive" tax avoidance by requiring tax affairs to be rearranged.
With austerity biting across the country, Ibrox is being hit by a broader political appetite to go after those with clever accountants who have not been paying their dues. Insolvency experts say liquidation is the more usual route to take, particularly in Scotland.
The CVA was much more attractive to Rangers fans because it avoided football sanctions. HMRC's interest is more likely to be in the people involved. It's not saying who it wants to investigate, or for what. Some of the powers reach back to the time when Sir David Murray called the shots. The liquidator can also ask questions of the way in which Duff and Phelps did its job since Rangers' administration began in February.
BDO will have extensive powers to see company accounts and records, and can get court action to enforce that. It can look into fraud, unlawful trading, giving away assets when it knew it was in trouble, and it can report back on the suitability of individuals to be company directors.
Twelve years ago, Craig Whyte was given a seven-year ban as a company director, which he kept secret when he took over the club last year. The liquidator can also require information from third parties linked to Rangers, such as Murray International Holdings, which used to be the vehicle through which Sir David Murray's held his stake.
July 4 - The "newco" Rangers is not allowed to join the Scottish Premier League after being rejected by 10 votes to one.
July 27 - Rangers' membership of the SFA is transferred over to the new company just hours before the team, managed by Ally McCoist, start the new campaign. November 11 - Walter Smith returns to Ibrox once again as he and Ian Hart are appointed by Green as non-executive directors. April 13 - The club announces an investigation into Green and commercial director Imran Ahmad over allegations of their links to Whyte.
April 19 - Following a backlash by supporters, Green steps down as Rangers chief executive. May 30 - Smith is appointed as Rangers chairman following the stepping-down of Malcolm Murray. July 9 - Murray now steps down from the board alongside Phil Cartmell. James Easdale is named as a non-executive director. July 12 - Craig Mather is appointed as chief operating officer and as interim chief executive of Rangers.
August 5 - Angered by Green's return to Ibrox, Smith steps down from his role as chairman amid growing fan fury. August 20 - Green stands down permanently and sells his shares to Sandy Easdale, James' brother. November 7 - David Somers appointed as acting chairman of Rangers. The AGM is called for December December 19 - The current board are overwhelmingly backed by shareholders at the AGM.
Paul Murray only receives January 24 - Brian Stockbridge quits Rangers after months of pressure from supporters.
April 25 - Chief executive Wallace says he wants Rangers to win the Premiership title by the end of the season. June 13 - The club announce they have sold just 17, season tickets ahead of the new Championship season, following a public campaign by Dave King and the Union of Fans group.
Ashley already holds around four per cent in shares thanks to this deal. October 2 - Ashley buys more than four million shares in Rangers, increasing his holding to almost nine per cent. December 14 - Former Newcastle managing director Derek Llambias is appointed as chief executive of Rangers.
December 21 - McCoist leaves his position as Rangers manager. Kenny McDowall takes temporary charge. December 22 - The Rangers AGM once again votes to keep the current board in place but shareholders reject a proposal to issue a further 54 million shares.
Any member desirous of transferring its membership to another entity within its own administrative group for the purpose of internal solvent reconstruction must apply to the Board for permission to effect such transfer, such consent not to be unreasonably withheld or delayed. Any other application for transfer of membership will be reviewed by the Board, which will have complete discretion to reject or to grant such application on such terms and conditions as the Board may think fit.
Were UEFA ever consulted? However, it is a response on which the integrity of the Scottish football industry depends if it is to have an honest future. The Rangers EBT decade happened because of a failure of sporting governance and an absence of journalistic scrutiny in Scotland. If the SFA and the Fitba Fourth Estate had been fulfilling their allotted tasks then none of this would have happened.
That Sevco have been allowed to pretend that they are Rangers only compounds the initial collective failure. It should not take a journalist in another country to be the sceptical interrogator of this shameful shitshow. Try and make it as complicated as you can you tube, The Gers are back, stop yer greeting and prepare for years of pain. Finding it difficult to give a toss now.
We all know that the only reason sevco fans shout about 55, is to perpetuate the myth of being the same club , the one that died.
Smsm will allow them to scream it from the rooftops, that will not make it true, we all know the facts. Hail Hail. Do you know the facts??? When the old company was going into the liquidation process rangers fc where moved from one company to another at no point did rangers fc ceased to exist. And why where rangers not allowed to sign players for 1 year and also when a new company or team want to apply for a membership to the Scottish league they have to have 4 yesrs of accounts that can prove they are financially substantial if rangers where a new club then they would not have been granted a membership because they did not have 4 years of accounts.
The previous entity was Liquidated doing such a thing. As is proven to be the case in Companies House. The Rangers Incorporated in where you will find no previous history. Jesus Christ, seriously who gives a fuck? What difference does it make? Let it go Phil.
Celtic made a complete arse of it as long as the oirish mafia get their dividends the supporters can go fuck themselves. It would be really mean if the SFA suspended the Sevco players who were fined by Police Scotland in the early hours of Administration Day as they simply wanted to celebrate the great day together. As would the complicit ness and corruption of the SFA in the previous 10 plus years of bending over backwards for the Royal True Blues. The aim was always the long game with this but unfortunately until this and probably more generations have passed nothing will change straight away it will of course not be like that in the future as some intrepid historian will look over the details of what has gone before and put the truth out there for all to see.
Phil did you never ask UEFA about tge 5 way agreement in your correspondence with them. In relation to your previous article about child abuse, did the current club not tell victims to see the liquidator as they are a different club. Did you know that the stars reset themselves the day after every Winter Solstice, Phil, and that this is why mariners can still use thousand year old star charts to guide their vessels to this day?
So you better be very careful with that deliberate blind ignorance of yours for in every word you type here it comes back and bites you on the arse. From next Season the Green Brigade should install a permanent banner in their section thats impossible for the media and broadcasters to avoid saying Celtic 51 — Sevco — 1.
Nobody claims the corporate entity is anything other than newly established in It would have no claim to past titles, achievements, having not existed before Nobody claims the corporate entity is was not newly formed in Then there is the person who was subjected to abuse being told to contact the liquidators over his claim by the current team calling itself Rangers.
The standard of football is awful. The club is a mess. This really is footballing heartache. And yet, so scunnered is he, once he gets to Ibrox he scarcely takes in the game. He was first taken to see Rangers at the age of eight and has never looked back.
There were people who warned against Whyte getting his hands on Rangers, but they were ignored. There was Whyte, and then came Charles Green [who bought the Rangers assets post-liquidation] and all his nonsense. But in recent times crowds have plummeted as supporters have waged war with the Rangers board, and a power struggle for control of the reborn club has waged among various factions. Oakley says that the recent poor attendances at Ibrox of 20, or below are the result of supporters being worn down — first by the demise of the club itself, and now with a board of directors who are detested, and who cannot get the club back on its feet.
The once-bulging Ibrox has been a ghost stadium at some recent games. Ashley, the South Africa-based Dave King, plus others are all currently fighting for control of the club. Essentially Rangers, a listed company, is owned by the market, but with some large majority stakeholders now jostling for power.
Having originally been chased for 3. The upshot of all this Ibrox warring has been a dysfunctional and paralysed football club with boycotting fans and no money in the coffers. Ally McCoist, a club legend, and manager until four weeks ago, has walked away in disgust. In recent days he has been spotted out and about in Glasgow suddenly looking 10 years younger. Rangers fans are fed up with it all. When asked, Oakley thought carefully about this.
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