Once considered a mighty outfit, their appeal has been slowly dwindling over the years and now appears to have completely vanished. @ #itwasallfornothing #whywegetrelagate #wenodie
Once the original case was lost the appeal by HMRC was never going anywhere. HMRC got beat by their own legislation. The only way to win the appeal would be for them to change the legislation. It remains a damn shame that the shadow of the original case allowed shysters to take control of our Club.
I don't know the legal complexities but surely if these were loans then they should be paid back at some stage? For example, some rich old geezer is about to pop his clogs he can't simply give all his cash to a relative as a "Loan"? A loan is supposed to be paid back at some stage otherwise it's not a loan per se? Just sayin. It does not change a thing but it seems downright bizarre.
Maybe if Rangers had stuck to buying players at transfer fees and wages they could afford it would never have come to this. That's what trying to emulate Big Jock did to you. It was never going to happen. You lacked the manager, the class and the wherewithall to match the Celtic team of 1967. You died. You deserved to die. No one mourned your passing.
You died trying and failing to emulate Celtic. That, bhoys and girls, is the story of Rangers (1872-2012).
I like how this has turned in our favour, when the **** hit the fan, if rangers fans had known they had won the big tax case it would have been massive good news for them, but now that they are already ****ed, it just makes it even worse for them because it was all for nothing. Its like rangers where in for a **** load of karma and it finally hit them tenfold. Instant Karma as the other great Lennon wrote, and they still shine on, like baboons with cars and guns.
If the trust hasn't called in the loan before the trustee has died then the loan is paid out of the trustee estate. There is no time scale on when these loan need to be paid back. So rangers fans could have avoided all of this just by googling Craig Whyte's name.