So I’m in the bookies today and I get a text from my mate… “£134m ffs” it says.
I assume it has something to do with the Mighty Blues so I log on to Twitter and find delusional Timmy’s, some of whom are influential media figures, banding this figure around as if it is the final nail in Rangers coffin.
I rushed home and downloaded D&P statement to see what the score was and found the figures to be re-assuring and GOOD news!
Let me explain..
Rangers debt, to make it simple, can be broken down as follows:
Taxman – £93m
TIcketus – £26m
Other creditors – £18m
From there figures I have changed my opinion on whether liquidation is the answer… I thought it was but now I believe it to be our biggest weapon in our fight with HMRC who seem intent on a witch hunt against The Club.
Assuming the club moves forward with TBK you can take Ticketus off of the creditors list which leaves us with £93m to the taxman and £18m to other creditors.
It should be noted we have NOT lost the tax case yet but lets work on the assumption that we do.
£93m is the very MAXIMUM we could ever owe but most tax experts believe a figure of £42m would be more reasonable. This added to £18m gives us a total debt of £60m. Less than HALF of what MSM are reporting.
If TBK offer £20m for a CVA this will ensure the public purse get 33p in the pound which would be more than a fair settlement when you consider the likes of Dundee paid 6p in the pound and Darlington recently paid less than £4 for an outstanding tax debt of £400,000.
Such a fair settlement would mean that Rangers, although haunted by events since 14/02, could never be embarrassed by them.
Moving on from there I would recommend the Rangers Fighting Fund money be used to pay back small creditors, who will be relying on a payment of more than 33p in the pound to continue their businesses in a healthy manner, to ensure our reputation as good corporate citizens stays in tact.
Should all go to plan we will emerge from Administration by the end of the season and be ready to rebuild for next year.
I would also NOT rule out the chance of Rangers playing European football next year but at the moment the scenario would seem unlikely rather than impossible.
My advice to any Bear would be to ignore MSM and their wet dreams over our future.
Today we got GOOD news.
Celtictaxcase's Blog 
Bwahahahahahaha!
Baws oan the dyke .
Thought this was CELTICTAXCASE.
Come on. Give us some belly laughs about the Chinese etc
This story shakes the monkey out the tree to its very foundations, to be rebuilt like a babylonian tower of strength, resilient in the face of the doubters who will not believe the unbelievable truth that you quite literally make up in every blog the flows from the seed of perpetual allegatory reason.
That people seem fit to mock this site like some site that should be mocked should be mocked for daring to mock this site, as it is clearly not a site that should be mocked.
Keep up the good chin as there is work to be done that will leave no moss unturned and shine light into those dark passages that are behind everyone.
See, SPL needs us. Back into SPL next year, debts eradicated, history intact. Just like I told you. The clubs WILL vote this through because they know they need us.
Shut up ya tit; nobody needs you lot. You’re all fucking ugly, inbred, deformed, mutant, Orc bastards
See this Bill Ng right. They’re saying he’s a Malay. Is there any connection with that WIllie Maley guy those Tims sing about?
‘reputation as good corporate citizens stays intact’ is thee single funniest thing I’ve read on the whole fucking Internet!!
Duff and duffer are doing a sterling job!
Keep up the good work lads!
Ahahahahahahahahahahahahaha !!!