Quote:
Originally Posted by MarkC1984
What astounds me is how these clubs, Ranger and Portsmouth, are allowed to rack up these big tax bills with HMRC? Surely after one or even two months of not paying it, you issue court proceedings to get it paid, not let it build to £75m in Rangers case.
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in our case it was the ebt scheme, which was legal at the time but the loophole was closed by hmrc, we and a quite a few other clubs used this scheme at the time, we got caught as did a few others but we're the main case though or test case as you will.
arsenal racked up 300 million which was owed to hmrc but they paid just 9m settlement or something along those lines, however they will be one of the clubs to face hmrc, wether their debt to hmrc has been paid in full remains to be seen.