Thread: Football The death of Scottish football?
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Old 12-03-2012, 10:24   #53
Alan Fry
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Re: The death of Scottish football?
Quote:
Originally Posted by Derek View Post
No. Rangers debt problems were never that bad until the EBT thing reared its head. They had an amount well under their annual turnover (unlike say Hearts...) which was slowly being reduced. Having banks removing facilities due to the ongoing tax issues and a quite possibly crooked new owner who scammed the club from a previous owner didn't help issues.

IF the tribunal goes against Rangers then a number of other teams are in line for a kicking from the taxman that makes Rangers £49 million look like spare change.
Maybe that what it will have to take to fix footballs financial problems?
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