Desperate Dave King has issued another deflection statement as administration closes in on the cash strapped club from Ibrox.
The South Adrican based criminal, who has yet to invest a penny in the club and who is facing Christmas in Wormwood Scrubs, launched his latest call to arms shortly after Charles Green’s legal team ripped apart the club/holding company/parent company myth at the Court of Session in Edinburgh.
At one stage Jonathan Brown, representing the big ‘anded businessman from Yorkshire told the court: “ The team are paid by Sevco, play at a ground owned by Sevco trained by a manager who is employed by Sevco, fans buy tickets from Sevco”
He added: “I realise that Rangers being the same club is a matter of life and death to some.”
In an attempt to deflect attention from those proceedings Mr King decided to go to war with un-named clubs who haven’t said a word since Lord Drummond Young declared Rangers (IL) guilty of avoiding tax in the Big Tax Case and enjoying a sporting advantage with players who’d have been elsewhere if it wasn’t for the tax scam.
Last week Sevco’s audited accounts carried a going concern with £2.5m needed to see out the season with some of that money needed in December with an assumption that Mark Warburton will sell off some of his stars during the January transfer window.
In a rousing rallying cry to the deluded the Sevco chairman claimed: “Irrespective of the final outcome of the tax appeal (which might take several more years) the football team had no advantage from any tax savings from the scheme put in place by the Murray Group.
“Throughout the period in question the shareholders were committed to providing funding to the Club. The tax scheme may have reduced the need for shareholders to provide higher levels of funding so, as I have tried to make clear in the past, any advantage gained would have been to the company and its shareholders, not the team.
“Certain players may not have signed for the Club without the perceived benefit of personal tax savings but there was no general advantage for the player squad, or the performance on the pitch. We would still have signed players of equal abilities if one or two had decided they didn’t want to sign under different financial circumstances.
“Secondly, Lord Nimmo Smith has fully and finally dealt with the legitimacy of the continuity of the Club’s history. There is no more to be debated on that issue.
“The team are paid by Sevco, play at a ground owned by Sevco trained by a manager who is employed by Sevco, fans buy tickets from Sevco” 1/2
— James Doleman (@jamesdoleman) November 12, 2015
“Finally, it is extraordinary that representatives of other Scottish clubs – who admit the damage done to Scottish football by Rangers’ removal from the Premier League – should even wish to re-engage with this issue. It is time those individuals, who represent other clubs, recognise their legal and fiduciary responsibilities to their own clubs and shareholders rather than submit to the uninformed ramblings of a few outspoken fans to whom attacking Rangers is more important than the well being of their own clubs.”
If the club could have afforded to put the £49m payments through the books Mr King could explain to shareholders why the club refused to pay Her Majesty’s Revenue and Customs in September 2011 and was unable to put together a CVA.
The criminal added: “This is a misguided attempt (that will ultimately fail) to rewrite history and defeat Rangers off the park when their teams could not do so on the park at the time. The history of many other clubs would have to be rewritten if this illogical argument was to be consistently applied.
“Having reviewed documentation that has become available to me I believe that Rangers was harshly and, in some instances, unfairly treated in the period leading up to demotion from the Premier League. However, that is now history and I have publicly stated, with the full support of the recently installed board, that we wish to put the past behind us and move on in partnership with all clubs throughout Scotland to improve and restore the image and quality of Scottish football as a whole. This will be to the benefit of all clubs.”
Yesterday Ibrox chief exec Stuart Robertson spoke of the need to build relationships with the SFA and SPFL with an early statement from the club advising that it was time for everyone to move on.
If there is no appeal from BDO on December 2 against the Big Tax Case every club in Scotland must issue a statement to investigate the EBT cheating seasons while finally nailing the same club myth.
Almost certainly Sevco will be in administration by that date, sending out some home truths will kill off the fantasies fed from the blue room of dignity to the deluded and gullible.
Wow, what a statement from TGASL…………the Bears are eating it up and King has successfully, for the moment, deflected the rabble from everything else that going on.
Illegally demoted he says……that will be another court case then Mr King?
What exactly was the solicitor getting at when he said that Green’s Sevco bought the assets of the club……..AND STILL OWNS THEM TODAY!
What assets, the stadium?
Is this one of the more onerous contracts that PMG has mentioned on many occasions?
Is this why the stadium cannot be used as security, the club does not own it?
This would be nuclear, some clarity is required to say the least.
PAY up or shut up KING, we have all had enough of you,and you could potentially cost the Scottish game millions on legal fees now with Ashley, all your own doing.
A popular Yorkshire saying (and one which I’m sure ‘ole big ‘ands himself has used many a time) is “Where there’s muck there’s brass”. Well, the lying king must have one hell of a mucky neck if that is the case. Every statement that comes from Sevco and the MSM reeks of desperation and the band playing on as the Titanic sinks. Let’s just make sure there are no lifebelts to be thrown this time around.
Every day that passes by makes the Lying King the luaghing stock amongst this toxix and rancid club
“Mark Warbuton will sell off some of his stars during the January transfer window” Joe did youwrite that with a straight face!!!
Of course, I used to write for the Sunday Mirror, old habits are hard to shake off, ask any alky about that.
Onwards with the Warbo Revolution, wait till you see the January warchest…
I heard they are selling The Stars on their jersey ……did’nt know they won the Champion’s League 5 times .
Mark Wilson cracked it On SSB tonite..He told a caller Never mind bringing Celtic into this..Its your club that’s caused the problems here..”I’ll ask you again John what calibre of player would Rangers have bought if the hadn’t used Ebts..I’ll tell you he said..The same as they’re buying now..And that’s why the done what they done..Because they knew Celtic had a better team”..And that’s sporting Advantage
Rangers are potentially going to destroy Scottish football now with all their carry on with Mike Ashley.
The SFA should now get rid of Mr King and save us all a fortune on legal fees.
Mr Harper was right years ago when he said it was all going to end in tears
Mr Harper said that if The SFA made a mess of all this it would end up dragging everyone into this mire and costing us the tax paying public of Scotland millions, now we all know he was so accurate in his predictions.Well said BH.
It looks as though the clock has started ticking even faster now after daft Kings rants, he is going to need a very big spade to fill this hole in he has just dug for himself.I’m sure there are a few Jcb contractors out there in Scotland that could give him a hand though after all I don’t think he is getting any younger these days.
Does the Scottish Media honestly think that every football fan in Scotland is going to sit back and let this pass , WHY THE HELL SHOULD WE?
A crime is crime and should be dealt with accordingly .Other countries in Europe are prosecuting fraudsters and cheats its time for Scotland to rise up and take a stance and exhibit a country that follows the words etched on it’s Mace in the Scottish Parliament which are of course Wisdom Justice, compassion and integrity.
Lies threats smears it’s all reeking of complete utter desperation now.
TICK TOCK !
HH
It’s a strange situation, that Ashley, a guy that uses business practices that I’m no fan of, could be the next sticker in ‘my heroes’ football book, alongside Chuckles and Whytie.
What’s the possible ramifications if his case against the SFA falls on his side?
The SFA blazers have consistently ‘not given a fuch’ about ordinary fans, would conceding they got it wrong with the glib one really help them resign ?
Time for everyone to move on they say yeah I’m sure they fkn do owing millions..HAND THE TITLES BACK C@NTS sewer pit off a football club….HAIL HAIL BHOYS
“TITLES TO BE STRIPPED” …… And they all know it !
Oh Happy Days……????
The time bomb is ready to explode with such a Big Bang . RIP the end is near
did i hear this guy right , did he just admit that the shareholders of old rangers defrauded the people (the tax man), and they did the scam for there profit and not the players?????/
Oh and has anyone seen the documents that told old rangers that they were being demoted??? surly if they were demoted there should be some documentation to prove this, and if they did then why don’t they shuff it in our faces like arrogant people love to do ?????
Oh and why do rangers supporters stick with all this stuff, surly there must be a term to describe this kind of mental state, can anyone tell me ?????