Green says tax verdict timing cost place in SPL

Thursday 29 November 2012

Green says tax verdict timing cost place in SPL

RANGERS chairman Charles Green has slammed the timing of the verdict of the First Tier Tax Tribunal.

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It was revealed last week the club had won the 'Big Tax Case' brought by HMRC in relation to Employee Benefit Trusts used during the reign of Sir David Murray.

Green said last night that had the verdict been delivered in May or June, Rangers would still be in the SPL, would have retained all their players, received £2.5million prize money, and not had a player registration embargo.

Green said a Company Voluntary Agreement (CVA) to come out of administration would have been successful if the verdict had been announced sooner.

He said: "When something was tried in January why did it take 11 months to get an opinion? If a CVA had gone through we'd still be in the SPL and perh-aps playing in Europe."

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