what happens now? Sir David Murray now no longer the blamehound as it has been proved that EBT was not illegal if not immoral. Hearing a collective sigh of relief from the English Premiership who pay these EBTs also.
So Mr Whyte will be the target of Rangers fans aggression now, as he will be one to solely blame for not paying their VAT and Tax.
Raises the question, if they were to know they would have had a positive outcome in the case of the big tax, DID THEY NEED TO GO INTO ADMINISTRATION AND THEN LIQUIDATION, AS IT WAS ALL BASED AROUND THE BIG AND SMALL TAX CASE.
Could this be a massive mistake by the SPL and SFA, who we are used to seeing them score own goals. Rangers will likely get back to the SPL even stronger as they would have still been fighting to clear the manageable debt they had for a decade, but now they have no debt and will no doubt make bigger signings when they do get back. Will they have their signing ban lifted. Will the SPL compensate those clubs for the down turn in income without Rangers in the SPL, mind you all the SPL clubs chose to throw them out collectively, which in hindsight may not have been the right decision, although to all it did seem correct at the time. I know one thing, I would not want to be Craig Whyte now, as all blame shifts to his shoulders.
An accountant said to me about 6 months ago that Rangers would probably get off with it, as he had some clients paid via EBTs, and they were not illegal. But it was his after comment that struck a cord. He is a massive Man Utd fan, and he said if Rangers get a guilty verdict, Man U, Arsenal, Liverpool and Chelsea were going to get visited first by the tax man, and he thought that this would probably not be allowed by the well to do workings in England as these clubs would cause so much unrest in English culture if they were to go to the wall.
Dare say this means Rangers oldco will keep their titles. Still it will be strange to want Elgin City to win over the next two weekends, never thought I would want that!