BigAl Posted August 9, 2011 Report Posted August 9, 2011 Personally speaking I'd rather Der Hun kept him on account of being shite ===================================================== WEST HAM are preparing a £2million-plus bid for Rangers striker Kyle Lafferty. Hammers boss Sam Allardyce is a long-time admirer of the Northern Ireland ace and has contacted Gers about his availability. Rangers boss Ally McCoist is aware of the Upton Park club's interest but it's thought it would take a serious offer to tempt him to sell. McCoist is desperate to bring in players of his own - including another striker. Lafferty, a £3.25m signing from Burnley in 2008, finished last season in sensational form alongside Nikica Jelavic, with eight goals in the final ten matches to help clinch three in a row. However, a summer hernia operation put paid to his hopes of kicking off this season in similar style. Lafferty, 23. has two years left on his contract and hopes to be back in action for Gers' clash with Motherwell on August 21. Read more: http://www.thescottishsun.co.uk/scotsol/homepage/sport/spl/3741267/Gers-ace-Kyle-is-2m-Hammers-target.html#ixzz1UVwLeDw3 Quote
tom_widdows Posted August 9, 2011 Report Posted August 9, 2011 Gone are the days of selling for profit then Bank or taxman will snaffle that up in a shot. Out of interest did anyone catch sportsound yesterday? I tuned in for about 10mins and there was some guy whp was apparently an expert on body language. Mccoist etc didnt come off too well Didnt fill me with confidence about old Craig Brown either though Quote
TENEMENTFUNSTER Posted August 10, 2011 Report Posted August 10, 2011 Out of interest did anyone catch sportsound yesterday? I tuned in for about 10mins and there was some guy whp was apparently an expert on body language. Mccoist etc didnt come off too well Didnt fill me with confidence about old Craig Brown either though No and frankly, who gives a fuck? Really. Quote
Kowalski Posted August 11, 2011 Report Posted August 11, 2011 http://news.bbc.co.uk/sport1/hi/football/14482034.stm Quote
glasgow sheep Posted August 11, 2011 Report Posted August 11, 2011 http://news.bbc.co.uk/sport1/hi/football/14482034.stm glasgow sheep likes this Quote
manc_don Posted August 11, 2011 Report Posted August 11, 2011 I read in BBC Gossip yesterday they were angry about the media coverage about it GIRFUY you hun bastards Quote
TENEMENTFUNSTER Posted September 1, 2011 Report Posted September 1, 2011 Hun bank account frozen and HMRC apparently visited Ibrox . . . . . Quote
maverick sheep Posted September 1, 2011 Report Posted September 1, 2011 sadly the reports of frozen accounts weren't right. just been served with paperwork suggesting efforts to reclaim are going to be stepped up, and freezing assets/winding up will happen if money doesn't go in asap. Quote
TENEMENTFUNSTER Posted September 1, 2011 Report Posted September 1, 2011 sadly the reports of frozen accounts weren't right. just been served with paperwork suggesting efforts to reclaim are going to be stepped up, and freezing assets/winding up will happen if money doesn't go in asap. But you're a journalist, so I will treat that with total contempt. Quote
maverick sheep Posted September 1, 2011 Report Posted September 1, 2011 But you're a journalist, so I will treat that with total contempt. as well you might! it's a bit like i always expect health professionals to be secretly trying to murder me in my sleep Quote
maverick sheep Posted September 2, 2011 Report Posted September 2, 2011 BBC's Alasdair Lamont says he understands a seven figure sum has been ringfenced after an arrestment order served by HMRC. Money is in same account and the club are free to use any other funds, but that sum is off-limits until outstanding order is paid. Quote
Madbadteacher Posted September 3, 2011 Report Posted September 3, 2011 Couldn't they just ringfence all of Ibrox, no-one in our out, EVER! Quote
BigAl Posted September 9, 2011 Report Posted September 9, 2011 http://www.heraldscotland.com/news/home-news/rangers-fail-to-pay-35k-law-firm-bill-1.1122669? More financial woes for Der Hun Quote
mizer Posted September 9, 2011 Author Report Posted September 9, 2011 http://www.heraldscotland.com/news/home-news/rangers-fail-to-pay-35k-law-firm-bill-1.1122669? More financial woes for Der Hun Being sued by your own lawyers - well done Quote
glasgow sheep Posted September 9, 2011 Report Posted September 9, 2011 Being sued by your own lawyers - well done Probably cafflicks Quote
BigAl Posted September 11, 2011 Report Posted September 11, 2011 LEAKED legal documents have revealed that Rangers Football Club is being sued for £1.3 million by former chief executive Martin Bain. His lawyers yesterday called in the police after details of his alleged breach of contract case were posted on various football fan websites. The club, which was taken to the Court of Session over unpaid legal fees on Friday, later claimed it was being targeted by a determined "whispering campaign" and played down fears over its finances. The documents include new claims about the danger of the club becoming insolvent if it is forced to meet tax liabilities being pursued by HMRC. Bain is seeking loss of earnings and damages from the club. Ibrox officials yesterday described recent reports of its financial affairs as "ludicrous" and the leaking of the documents as "illegal", but blamed current problems on the "previous regime" at Ibrox, which was then presided over by Sir David Murray. The club is being pursued by HMRC over tax liabilities said to date back around 12 years. According to the leaked papers, new owner Craig Whyte is facing about £49m in tax liabilities after taking the helm at Ibrox in the summer. It is claimed the club may "go under" if it loses its battles with HMRC, amid claims it will only be prepared to pay up to £15m. HMRC officers are said to have recently visited the club to warn that it faces being wound up if its tax liabilities are not met. Bain resigned in late June, several weeks after being suspended in the wake of Whyte taking control of the club, and immediately announced he would be suing for breach of contract. His legal advisers and the Ibrox club say the papers, relating to an action raised at the Court of Session, have been leaked "illegally". They were posted on several football fan websites yesterday. Rangers were taken to the Court of Session last week by the Glasgow-based legal firm Levy & MacRae over an unpaid bill arising from the club's defence against allegations of offensive chanting by its supporters. Counsel for the firm told the court that there was "real concern" about the club's solvency. Levy & MacRae is now representing Bain in his case against the Ibrox club. Bain's lawyer, Peter Watson, last night said Lothian and Borders Police had been called in to investigate the apparent theft of the documents. "This matter has been reported to Lothian and Borders Police. These documents have either been stolen or obtained by some other illegal means. They were not intended for the public domain," Watson said. A spokeswoman for Rangers said: "The problems Rangers Football Club is now having to deal with are historic and the chairman (Whyte] is committed to resolving the issues that are a direct and unwanted legacy of the previous regime." Quote
glasgow sheep Posted September 11, 2011 Report Posted September 11, 2011 Martin Bain, what a cunt. Brilliant. Quote
TENEMENTFUNSTER Posted September 12, 2011 Report Posted September 12, 2011 Martin Bain, what a cunt. Brilliant. This. Quote
BigAl Posted September 13, 2011 Report Posted September 13, 2011 Martin Bain, what a cunt. Brilliant. Rangers' former chief executive Martin Bain has had almost half a million pounds of the club's assets frozen after a judge agreed there was "real and substantial risk of insolvency". Mr Bain is pursuing a £1.3m damages claim against his ex-employer at the Court of Session in Edinburgh. Judge Lord Hodge granted a warrant which would ring-fence £480,000 of the Ibrox club's assets. He said there was risk of insolvency if the HMRC tax case goes against Rangers. Lord Hodge said that in reaching that view he was concerned with the degree of possibility and "not actuality or even probability of insolvency". Mr Bain raised his damages claim alleging breach of contract following the takeover at Rangers FC by venture capitalist Craig Whyte from former owner Sir David Murray. Lord Hodge said he was not persuaded on the material before him that Rangers were presently insolvent "either practically or absolutely". Start Quote I am satisfied that there is a real and substantial risk of insolvency if the tax case were to be decided against the defenders (Rangers) in favour of the Revenue” End Quote Judge Lord Hodge The court heard that the football club faces two tax claims and the larger could leave them with a bill of £49m - £35m in tax, plus £14m in interest and penalties. Lord Hodge said he accepted that proceedings were at an early stage, but added: "I am not persuaded that the outcome of the Revenue claim is too remote in time for the court to form a view as to the existence of a risk." He said: "Having regard to the structure and terms of the takeover deal I am satisfied that there is a real and substantial risk of insolvency if the tax case were to be decided against the defenders (Rangers) in favour of the Revenue in the sums being spoken about." Nicholas Ellis QC, counsel for Mr Bain, had told the court: "There already appear to be circumstances from which it would appear to be appropriate to draw an inference that the defenders are presently practically insolvent or at least verging on it by not paying their debts as they fall due." But Brian Napier QC, for the Ibrox club, said the motion for an arrestment was opposed and claimed that Mr Bain had not shown there was a real and substantial risk of insolvency. The chairman said they were able to meet debts as they became due. Mr Ellis said the club's accounts for last year did show a healthy position with net assets of about £70m. But he argued that the picture was not as healthy as shown and that was made clear in the transfer of the majority interest between companies controlled by Sir David Murray and Mr Whyte for the sum of just £1. The deal was structured with precautions looking to the risk of insolvency. He said there were two tax claims with the smaller for £2.8m but with penalties it could rise to about £4m. The larger claim for a total potential of about £49m was due to go to a tribunal and he could not say what the outcome would be. But he added: "If the Revenue are successful, given the amount of the claim, it is not at all surprising that precautions have been taken to structure the deal in a way that protected the acquirer in the event of insolvency." He said that in the other tax case he understood £2.3m in a bank account has been arrested. Glasgow law firm Levy and McRae also went to court over an outstanding bill against Rangers last week. Mr Ellis pointed to it as an example of Rangers not settling their debts as they fall due. He said the court action was clearly important to Mr Bain as an individual and an arrestment was sought to protect any award he would receive. Rangers are contesting the action and have raised a counter claim against Mr Bain alleging breach of contract and fiduciary duties, which he denies. Mr Napier argued that Mr Bain had held responsible positions at Rangers over a period when the two major alleged debts relating to tax liabilities were claimed to have been incurred. He said the outcome of the tax case against Rangers could be a long way off. He argued that for there to be a real and substantial risk of insolvency it had to be "proximate in time". A spokesman for Rangers said: "In a week where the focus should be on football, the conduct of Martin Bain, who always claimed to have the best interests of Rangers Football Club at heart, is truly astonishing and I am sure our supporters would agree. "The club is disputing any money is due to Mr Bain and we will be vigorously appealing the decision. It should be noted the case taken against Rangers has not yet been proven or even heard yet. "All that has happened today is that a sum of money has been set aside if the club were to lose the case." A source close to Craig Whyte added he was "angry and dismayed" that Martin Bain had taken this action, when he claims to have had Rangers' interests at heart. "It was clearly intended to embarrass the club in the run-up to the first Old Firm game of the season," he said. The source also claimed the details of the counter-claim by Rangers against Martin Bain, with claims he breached his contract and duties as a company director, could be "explosive". Fucking loving it £49m tax bill....... I have a serious hard on reading that, imagining that there might just be the slightest element of truth in that figure Quote
Madbadteacher Posted September 13, 2011 Report Posted September 13, 2011 Yeah, we're shite but you're insolvent Quote
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