Is that why they call them the Blues?

The past few days has seen the news almost entirely dominated by the events surrounding Rangers.
News programmes have filled half their allotted time, talking of little else. BBC Reporting Scotland don’t know whether to gloat or greet?
Evening programmes like Newsnight Scotland and Scotland Tonight have been entirely consumed by the events surrounding Ibrox park.
You would actually think it was the end of the World for some people, such has been the wailing and gnashing of teeth.

The Current owner, one not quite Whiter than Whyte? Has been the bearer of the bad/sad/laughable news that Rangers have gone into Administration because they have been dodging their taxes to a phenomenal degree.
It could be said that this was Mr Whytes agenda from the minute he took over the club. His goal was to seek Administration.
Meanwhile Sir David Murray has been getting it in the neck too for getting Rangers in such a mess in the first place.
Who is at fault then? I would suggest both.

Murray and Advocaat for living in some fantasy land building a mountain of debt without means of maintaining it.
Murray knew Rangers was stuffed, and had been trying to get the hell out of there for 4 years, and he bit the hand off the first person to take it from him.
Enter from stage left, Mr Whyte the Shining Bright Knight.
Everyone guessed he was a chancer, but they didn’t really care, as long as the Teddy Bears were safe.
Looking at Mr Whytes business record should have immediately sent alarm bells off like wartime sirens. Nearly everything he has ever touched has gone Bust!

He became Rangers biggest creditor, taking Security over Ibrox and Murray Park, but to hell with the gigantic Tax Bill which had been dodged by Murray and CO.
Amounts between 50 and 79 million have been mentioned.
Whyte didn’t want to pay that, so plan A , go into Administration, come to a creditors agreement and escape with a pittance and start over. It was the obvious route to take. In effect asset strip and start again leaner .
Whyte having security over Ibrox and Murray park under separate ownership, could then charge Rangers for Rental,once they are out of administration, and he is all right jack.
Rangers survive, Whyte in pocket, Tax Man off their back, other creditors whistling Dixie, and so what if a few folk lost their job?

That I think was the plan, but I think he might have stuffed it up!
It was a big mistake not to pay any PAYE or VAT since May, amounting to another 9million owed to HMRC.
The 50 million plus of Murray, could be put down to bad advice and accounting. The 9million since May, is Tax avoidance, and a criminal offence.
No way in hell were HMRC going to play ball with that nonsense, an example would have to be made, and they had read what Whyte was up to, and cut him off at the pass.
HMRC own more than 25% of Rangers Debt, and wont allow Whyte and Co to reach a Creditors agreement without their say so. In effect, from Administration to Insolvency. Rangers no more.
After Insolvency, a new Rangers under new ownership and company can start again, but they will have to apply to get into the Scottish 3rd Division.
Whyte could sell off Murray Park and Ibrox under their feet, and sod off, leaving them groundless. Can anyone remember Third Lanark?

There are some idiotic Unionist Rangers fans trying to say that the SNP government is being insincere in hoping that things get sorted out for the all the employees of Rangers. Some of their comments are beyond Crazy..You would think they could do with all the support they can get?
Anybody trying to mix politics or religion with sport needs their heads examined.
many other footballing people are in mourning because they think Scottish football will be sunk without the Old Firm competing against each other. They are saying it will be devalued.
Well let me tell them, It can only be enhanced!
Scottish football has been going down the tubes for years, because everything was centred round the Big Two, the Ying and Yang of Scottish football.
The only ones who will miss that toxicity are Rangers and Celtic themselves.
Perhaps we might even see the beginnings of a new future for the Scottish game in the event of the restructuring which has long been held up by the Old Firm having it all their own way.

I am not saying either way how I think things will go, but this whole Blue Mess may turn out to be a Blessing in disguise.
We will just have to wait and see.
I suspect that the majority of Supporters from other Scottish football clubs will not be too upset by it all.

It is one thing for the Rangers Loyal not to pay Her Majesties Taxes,where rightfully that money should be coming back into our Society for Health and Education etc.
It is another again, to deliberately set out not to pay other clubs their due, like the money they owe DundeeUnited for the Scottish cup game, or Hearts for transfer fee for Wallace, or the small suppliers who have faithfully supplies them with goods and services.
It is another thing again to put their own ordinary staff in jeopardy, just because millionaires want to play monopoly with other peoples money.

I have no sympathy for them, but I do have sympathy for their many decent supporters.
We shall see what transpires next, but perhaps the ones who will miss the club most is their greatest rival.
Now isn’t that Irony?

About auldacquaintance

I am not a member of any political party. I am however a strong supporter of Scots Independence. Any views which I express in this Blog are purely my own. This Blog intends to be a place where I will be putting my views on Scots Independence. It will primarily concern itself with the upcoming Referendum In Scotland. However It will also be somewhat diverse in the range of day to day issues which are evident to me in modern day Scotland. Not all of it will be political, and indeed may take me off into avenues I am not even aware of yet. Please come and join in on this journey, and any comments are welcome provided they are not abusive! All the best from a new acquaintance! Rod
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1 Response to Is that why they call them the Blues?

  1. Actually Whyte wasn’t the first to offer to buy Rangers from Murray.

    Murray said he couldn’t get the right deal.

    Along comes someone with a very dubious track record in business and who has been barred for some years from being a company director.

    A deal is done for £1.

    Cash is injected via a forward sale of season tickets and Rangers limp on.

    The shit hits the fan, not in the form of the big tax demand concerning the “players trust” issue but simply VAT non payment.

    Whyte appoints his own administrator, much to the chagrin of HMRC, who objected.

    Whyte will probably have the land assets parked somewhere where it cannot be touched by HMRC.

    Rangers PLC goes tits up, HMRC get stuffed for the big one but the smaller VAT debt is settled.

    Murray rides back over the horizon to save his beloved Rangers and buys up the assets to create Glasgow Rangers PLC.

    The Bears rejoice and Murray sells on the “team” at about £25 millions to a “safe” pair of hands.

    It is so obvious.

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