Yngwie

And most of those were angry creditors.

Brew got him in on loan on summer deadline day then signed permanently in January IIRC.

I'm full of admiration for the great job Massoni has done at Livi. The rapport he has built up with the fans just caps it all off nicely.

Glad to hear he's away, but I imagine this has cost us a lump sum pay-off.

Now that I can understand. Thought you'd totally lost it!

:huh:

Whatever they are, bear in mind is that they are likely to go up at new year when VAT increases back to 17.5%....or possibly higher.

You've been whooshed! :) They are totally banned in the UK.

Flares are the height of fashion at Viccy Park but you'll get laughed at everywhere else.

Beat it.... Don't stop til you get enough.... Dangerous..... The Way you make me feel.... etc etc

Shall I merge this with the Michael Jackson topic? :(

Aye, to guarantee finishing 10 points above County.

In the 80's I was a teenage heavy metal freak, and despised global pop superstars like him. However, I secretly liked some of his tracks, Dirty Diana being my favourite - a superb rock song, but created by a soul/pop singer and dancer?! That shows the breadth of his talent and how wide his appeal could be. I also respected him for using guitarists like Eddie Van Halen, Slash and Steve Stevens.

Would it be distasteful to make predictions as to who will be the first to die?

Well, for a midweek game in Dumfries in December, the fans could line up 4-4-2.

May this be the best wedding you ever have Have a fantastic day, you deserve every happiness. I should also point out that when I got married, it was just at the start of what turned out to be our SPL promotion season, so see if you can match that.

Rank ICT's managers? ICT's rank managers : Baltacha Brewster Very hard to put the others in order, I rated them all highly.

Nordin Wooter?

Brewster confirmed today as assistant manager. Will still be registered as a player. http://news.bbc.co.uk/sport1/hi/football/t...nty/8116322.stm

Setanta comprises dozens of companies, based in Ireland, Scotland, England, Luxembourg and further afield. Some of them are profitable and are not in administration, like Setanta Ireland.

In the sense of making it easier to sign players who might otherwise have been playing for an SPL side, I suppose.

All just a PR stunt to publicise the new series.

That's not actually the case. Consumers aren't obliged to pay VAT at all, they just pay the retail price/subscription fee of whatever they are buying. The supplier of the goods/services is obliged to account for VAT at the appropriate rate and hand it over to the relevant government, regardless of what VAT (if any) they charged on to the consumer. In Setanta's case, an element of the subscription fee comprises Luxembourg VAT, and no UK VAT at all. The Lux. VAT rate is actually just 3% after checking it out. So if the subscription is ?12.99 a month, Setanta get ?12.61 and 38p goes to the Luxembourg tax man. If however the transaction was subject to UK VAT instead, Setanta would get just ?11.30 and ?1.69 would go to Gordon Brown.

What seems to have happened is that when the new investor inspected Setanta's books, they discovered potential large additional tax liabilities. My understanding is that this relates to backdated VAT. Setanta created company in Luxembourg, and wrote to their customers notifying them that their subscription contracts were now with the Luxembourg company. Why? Because Luxembourg allows broadcasters to charge a very low VAT rate (less than 5% I think - so much for the EU level playing field) instead of the 17.5% in the UK at the time. This meant that more of each customer's ?12.99 per month goes to Setanta and less goes to the tax man. The Lux government are also happy because they suddenly get money for nothing. The losers in that arrangement are the UK government who get no VAT. And I think what has happened is that they are challenging this arrangement with a view to getting all their money back. I don't think Setanta are the only broadcaster to have this sort of arrangement and there's nothing illegal about it, but it's a bit of a grey area as to what constitutes being based in Luxembourg to qualify for the low VAT. Creating a company and having a small office with a server over there, when all your management, operations and customers are in the UK and Ireland? That's sounds like something for the lawyers to argue over. The point is though, that nobody in their right mind will want to buy Setanta if that threat is hanging over them. Administration surely seems inevitable now.

That's reassuring.