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Rangers Tax Case calls out Doncaster and Maxwell

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The Rangers Tax Case twitter account has called on Neil Doncaster and Ian Maxwell to ensure that all SPFL clubs can complete their fixtures.

Scotland is one of the few European countries not to have a competent system of Financial Fair Play.

Until a club fails to pay wages in time no sanctions are applied. In England clubs such as Sheffield Wednesday have suffered points deductions which resulted in relegation with Derby County currently under tight registration restrictions that only allows them to sign free agents on 12-month contracts.

Failure to fulfil fixtures would have a knock-on effect on all member clubs and put commercial contracts at risk. Previously Sky Sports insisted on four ‘Old Firm’ fixtures as a condition of their contract.

Rangers Tax Case emerged in 2010, highlighting the issues of the old Rangers club as HMRC caught up with the side letters and dual contracts. Every claim made by RTC was confirmed when the Supreme Court ruled in favour of HMRC over the disguised remuneration scams used by Rangers. The SFA issued a fine of £250,000 for over a decade of fielding ineligible players.

Since losing to Malmo on Tuesday there has been all sorts of speculation over the finances of Sevco. In their accounts to 30 June 2020 a loss of £15.9m was reported on turnover of £59m.

The old club chased Champions League money to keep their head above water, when Ally McCoist failed in 2011 the club stopped paying HMRC, went into administration followed by liquidation when Her Majesty refused to agree a CVA.

Last season’s losses at Ibrox are believed to be in the region of £25-30m. Unless current directors put in enough money to cover the monthly losses the club could be in trouble before the turn of the year when Season Ticket money runs out.

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