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Glasgow Rangers - Final tax bill

Mon Oct 01, 2012 12:25 pm

This is related to the old "Glasgow Rangers", not the new club playing in the 3rd Division...

http://www.bbc.co.uk/news/uk-scotland-g ... t-19786824

Final tax bill £94m :shock: Unbelievable that they let it get that far, why weren't alarm bells ringing all over the place? Even more shocking is that all the assets were sold on to the new club for just £5.5m! I'd love to know where that figure came from because in my eyes, Ibrox alone is worth 10 times that.

Re: Glasgow Rangers - Final tax bill

Mon Oct 01, 2012 12:28 pm

What's the official name of the new rangers? How about them has actually changed brand-wise?

Re: Glasgow Rangers - Final tax bill

Mon Oct 01, 2012 12:34 pm

Karl wrote:What's the official name of the new rangers? How about them has actually changed brand-wise?


The Rangers Football Club, or Newco Rangers... Brand wise, not a lot has changed except they are kicking around in the 3rd Division. Depends on how you look at it, from the outside it is a whole new entity with no history, no records and they have never won a trophy. On the other hand, if you were a Rangers fan, you would probably argue that they are still Rangers and the records still stand.

My old man was a mad Rangers fan, he must be turning in his grave...

Re: Glasgow Rangers - Final tax bill

Mon Oct 01, 2012 12:47 pm

Karl wrote:What's the official name of the new rangers? How about them has actually changed brand-wise?


They are now called "the rangers football club", which all my rangers mates tell me was their original name over 100 years ago, they have lost the five stars above the badge on their shirt, (each star represents ten league titles) also all their honours / titiles have been taken off them, including showing them in the match day programme.

Re: Glasgow Rangers - Final tax bill

Mon Oct 01, 2012 1:04 pm

cityone wrote:
Karl wrote:What's the official name of the new rangers? How about them has actually changed brand-wise?


They are now called "the rangers football club", which all my rangers mates tell me was their original name over 100 years ago, they have lost the five stars above the badge on their shirt, (each star represents ten league titles) also all their honours / titiles have been taken off them, including showing them in the match day programme.

Not sure about this cityone. This is taken from Wikipedia.....

"As a result of Rangers' "assets, business and history" being sold to a new company when The Rangers Football Club plc (subsequently renamed as RFC 2012 plc) entered the liquidation process, the extent to which Rangers can be regarded as a continuation of the club officially founded in 1872 has been interpreted differently.[119] The Rangers Football Club has been described by some in the mainstream media as a "new club",[120][121] whilst Chief Executive Charles Green has maintained "this is still Rangers",[122][123] with the SPL chairman Neil Doncaster saying "it is an existing club, even though it's a new company"."

The last I heard was that they would possibly lose about 5 of their league titles and 2 or 3 cups but they are fighting it.

Re: Glasgow Rangers - Final tax bill

Mon Oct 01, 2012 1:10 pm

Deano1 wrote:
cityone wrote:
Karl wrote:What's the official name of the new rangers? How about them has actually changed brand-wise?


They are now called "the rangers football club", which all my rangers mates tell me was their original name over 100 years ago, they have lost the five stars above the badge on their shirt, (each star represents ten league titles) also all their honours / titiles have been taken off them, including showing them in the match day programme.

Not sure about this cityone. This is taken from Wikipedia.....

"As a result of Rangers' "assets, business and history" being sold to a new company when The Rangers Football Club plc (subsequently renamed as RFC 2012 plc) entered the liquidation process, the extent to which Rangers can be regarded as a continuation of the club officially founded in 1872 has been interpreted differently.[119] The Rangers Football Club has been described by some in the mainstream media as a "new club",[120][121] whilst Chief Executive Charles Green has maintained "this is still Rangers",[122][123] with the SPL chairman Neil Doncaster saying "it is an existing club, even though it's a new company"."

The last I heard was that they would possibly lose about 5 of their league titles and 2 or 3 cups but they are fighting it.


There is a meeting next week (i think) to decide how many of the latest honours / titles they will officially lose, the "stars" on their shirts have already been removed.

Re: Glasgow Rangers - Final tax bill

Mon Oct 01, 2012 1:12 pm

scotsjack wrote:
Karl wrote:What's the official name of the new rangers? How about them has actually changed brand-wise?


The Rangers Football Club, or Newco Rangers... Brand wise, not a lot has changed except they are kicking around in the 3rd Division. Depends on how you look at it, from the outside it is a whole new entity with no history, no records and they have never won a trophy. On the other hand, if you were a Rangers fan, you would probably argue that they are still Rangers and the records still stand.

My old man was a mad Rangers fan, he must be turning in his grave...


Interesting.

If we went down the same route and became Newco Cardiff I wonder if we would have been allowed to join the English pyramid system?

Re: Glasgow Rangers - Final tax bill

Mon Oct 01, 2012 1:20 pm

Bakedalasker wrote:
scotsjack wrote:
Karl wrote:What's the official name of the new rangers? How about them has actually changed brand-wise?


The Rangers Football Club, or Newco Rangers... Brand wise, not a lot has changed except they are kicking around in the 3rd Division. Depends on how you look at it, from the outside it is a whole new entity with no history, no records and they have never won a trophy. On the other hand, if you were a Rangers fan, you would probably argue that they are still Rangers and the records still stand.

My old man was a mad Rangers fan, he must be turning in his grave...


Interesting.

If we went down the same route and became Newco Cardiff I wonder if we would have been allowed to join the English pyramid system?

Not sure? Weren't Newport liquidated at some point but admitted back in at the bottom? I suppose as existing members there would be some sort of arrangement, probably best not to find out mind.

Let's face facts, love them or hate them, Rangers were/are massive.

Re: Glasgow Rangers - Final tax bill

Mon Oct 01, 2012 1:22 pm

That's horrible. Way worse than anything we've had happen to us.

Re: Glasgow Rangers - Final tax bill

Mon Oct 01, 2012 1:30 pm

Karl wrote:That's horrible. Way worse than anything we've had happen to us.


The question remains though, who in their right mind valued all of Rangers assets including Ibrox and Murray Park at just £5.5 million? Brown paper envelopes all round surely?

Re: Glasgow Rangers - Final tax bill

Mon Oct 01, 2012 3:30 pm

cityone wrote:
Karl wrote:What's the official name of the new rangers? How about them has actually changed brand-wise?


They are now called "the rangers football club", which all my rangers mates tell me was their original name over 100 years ago, they have lost the five stars above the badge on their shirt, (each star represents ten league titles) also all their honours / titiles have been taken off them, including showing them in the match day programme.


not true, theres no stars on the jersey because its a replica of the 72 top, they hadnt won 50 league titles by then.

the spl or sfa or both are trying to take league titles away from them, so that must mean they have still got those titles to their name.

Re: Glasgow Rangers - Final tax bill

Mon Oct 01, 2012 9:32 pm

Cardiff Daft! wrote:
cityone wrote:
Karl wrote:What's the official name of the new rangers? How about them has actually changed brand-wise?


They are now called "the rangers football club", which all my rangers mates tell me was their original name over 100 years ago, they have lost the five stars above the badge on their shirt, (each star represents ten league titles) also all their honours / titiles have been taken off them, including showing them in the match day programme.


not true, theres no stars on the jersey because its a replica of the 72 top, they hadnt won 50 league titles by then.

the spl or sfa or both are trying to take league titles away from them, so that must mean they have still got those titles to their name.


The new owner, (green) bought the rights to their new name, badge etc, the five stars above the badge we put in place about 4-5 years ago, they will not be on the badge again due to the liquidation.

Re: Glasgow Rangers - Final tax bill

Mon Oct 01, 2012 9:35 pm

You can't buy someones history ffs!

I might have my grandfathers war medals but doesn't mean I can tell folk I won them instead!

Re: Glasgow Rangers - Final tax bill

Mon Oct 01, 2012 9:39 pm

PtB wrote:You can't buy someones history ffs!

I might have my grandfathers war medals but doesn't mean I can tell folk I won them instead!


There's something very wrong with the people in charge in Scottish football.

Rangers NewCo are trying to say they're being harshly treated in this episode but personally I feel that they've got off very very lightly. Especially as one of the top dogs in the game, who put a lot of work in trying to get them back in the SPL/First Division, claims they are the same entity.

Re: Glasgow Rangers - Final tax bill

Mon Oct 01, 2012 9:52 pm

Aramore wrote:
PtB wrote:You can't buy someones history ffs!

I might have my grandfathers war medals but doesn't mean I can tell folk I won them instead!


There's something very wrong with the people in charge in Scottish football.

Rangers NewCo are trying to say they're being harshly treated in this episode but personally I feel that they've got off very very lightly. Especially as one of the top dogs in the game, who put a lot of work in trying to get them back in the SPL/First Division, claims they are the same entity.

The whole thing stinks to be honest. It will rumble on for years.

Re: Glasgow Rangers - Final tax bill

Mon Oct 01, 2012 10:05 pm

They are still Rangers, whatever the SFA and others may say. Same club, same stadium, same fans, same traditions. Just had to be a bit of wheeling and dealing all round. Too big a club to fail.

Re: Glasgow Rangers - Final tax bill

Mon Oct 01, 2012 10:15 pm

llangainbluebird wrote:They are still Rangers, whatever the SFA and others may say. Same club, same stadium, same fans, same traditions. Just had to be a bit of wheeling and dealing all round. Too big a club to fail.

Did fail and went bust.

They are not and never will be the same club, no matter what the fans, directors or anyone else says.