Rangers Then, Sevco Now, Scotland's Shame Forever....

[Gogsred]

Did anyone catch the result of that court case with the boy who was suing Coral bookies for not paying out 250K on the bet he made that Rangers would get relegated back in fit ever year they went t*ts up? A £100 bet was placed on it but they didn't pay out saying they weren't 'relegated' they were 'demoted' along with the old 'different club' chestnut.

They were saying they are a different club but quite happily advertise the return of the 'old firm' to get the punters betting.

The ruling was due yesterday but haven't seen anything about it.

The case only finished yesteday after the evidence was heard. I would imagine that it may be a few weeks before the judgement is given as the court would normally issue it in writing after that sort of timescale.

[mondo_notion]

The case only finished yesteday after the evidence was heard. I would imagine that it may be a few weeks before the judgement is given as the court would normally issue it in writing after that sort of timescale.

Cheers, I hope the boy gets his payout. From what I've read Coral knew exactly what the bet was before they accepted it. Be interesting to see which way the whole same/different club spiel goes.

[scobiemacd]

Cheers, I hope the boy gets his payout. From what I've read Coral knew exactly what the bet was before they accepted it. Be interesting to see which way the whole same/different club spiel goes.

I hope he doesn't get his money. They weren't relegated.

[ohno]

Did I read somewhere that after the ETB appeal is heard and Hector wins HMRC are going after the recipients of the money?

[ByeByeScum2012]

Did I read somewhere that after the ETB appeal is heard and Hector wins HMRC are going after the recipients of the money?

When the appeal is won the stadium should be ceased and everything sold off to repay tax and all creditors as would happen with any other business.

Then we should all get a day off every year to celebrate a magnificent day in the history of our country when justice was seen to be done against all odds.

More chance of us winning the league but you can but dream

[kb_don]

When the appeal is won the stadium should be ceased and everything sold off to repay tax and all creditors as would happen with any other business.

The appeal against the EBT ruling has nothing to do with the stadium and assets. Assuming the appeal is rejected, it would be the opportunity for hmrc to go after the ebt recipients.

However. In a separate court case, liquidators BDO are suing administrators Duff & Phelps for selling the assets off too cheaply. Essentially asking why they only got £5m, when a few months later Charles Green claimed the business was worth ten times that in the IPO.

IF BDO win, and it's a big if, then the assets (stadium etc) could revert to BDO. They then sell them off to pay the creditors. I would laugh long an heartily should that come to pass

[actonsheep]

The appeal against the EBT ruling has nothing to do with the stadium and assets. Assuming the appeal is rejected, it would be the opportunity for hmrc to go after the ebt recipients.

However. In a separate court case, liquidators BDO are suing administrators Duff & Phelps for selling the assets off too cheaply. Essentially asking why they only got £5m, when a few months later Charles Green claimed the business was worth ten times that in the IPO.

IF BDO win, and it's a big if, then the assets (stadium etc) could revert to BDO. They then sell them off to pay the creditors. I would laugh long an heartily should that come to pass

Balls min. Duff and Phelps don't own the assets, and Sevco aren't the ones being sued. If BDO win then Duff and Phelps will be told to stump up cold hard cash, thats all.

[sonnetti]

Did I read somewhere that after the ETB appeal is heard and Hector wins HMRC are going after the recipients of the money?

Problem with EBT's is it isn't just the Huns there's a large percentage of the public sector who were contractors at the time got pulled in by the schemes including some of those who are being asked to rule on them and their friends . It would set a precedence that would cause embarrassment financial and personal to all of these people so just won't happen. The highlighting of the schemes in the media and rhetoric that has followed simply served as a shot across the bows which many have heeded and since removed themselves from the scheme , some haven't and wish to see how it pans out whilst growing their retirement pot ,others have moved onto the next dodge.

I see the schemes being ruled out but I don't see them going after anyone.

[Gallus79]

Hun-dinger of a thread on our Derek on that rainjurz meeja site-take a look.

Someone should actually send it to Derek himself, just as a reminder....