Using their favoured Friday evening slot, the club from Ibrox have issued a statement on the back of Fake News from The Times.
At the start of September Mark Allen chose a Friday evening to announce that he was stepping down as Director of Football to spend additional time with his family. The former Manchester City supremo had been in the job for two years.
Earlier this month a Friday night slot was used to announce losses of £11.3m for the year to June 2019, prior to the signings of Filip Helander and Ryan Kent. The accounts also announced that £10m was needed to keep the lights on till the end of this season.
Thursday’s edition of The Times ran with a fanciful story claiming that the EBT bill could be reduced by upto £50m alongside the notion that the club could have attracted a buyer in 2011 or 2012 had the true figure been known.
All along Rangers denied the so-called Big Tax Case, taking it through various hearings before in July 2017 The Supreme Court ruled that £46m of payments was disguised remuneration and liable to Income Tax and National Insurance.
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Late this afternoon HMRC chief exec Jim Harra issued a public letter accusing The Times of inaccurate and partial reporting.
Soon afterwards an Ibrox spokesman told The Sun: “The Times story, if it is shown to be accurate, throws up a great many questions and is a cause for concern. Rangers will take time to consider any courses of action which may become feasible.”
Jim Harra, HMRC’s Chief Executive and First Permanent Secretary, has sent a letter to @thetimesscot editor following a story written yesterday. pic.twitter.com/fbPox19CZY
— HMRC Press Office (@HMRCpressoffice) November 15, 2019
The current club have a few more pressing matters than chasing up Fake News in The Times.
As well as finding the missing £10m to see out the season on January 17 they will discover how many millions of pounds they have to pay Sports Direct in damages for breach of contract.
