Martin Bain, His lawyers, Rangers & Insolvency

I was contacted this week by a source who has uploaded a rather remarkable document to a file-sharing service. He forwarded a link to me and even I was astounded to find that Mr. Bain has become an advocate for truth and transparency. The document in the link below confirms for even the most sceptical or blinkered, the truth that this blog has been bringing to you.

The document appears to be a court filing from Bain’s lawyers laying out their case for an arrestment of cash from Rangers on the grounds that the club is at risk of insolvency before the Bain dismissal case will be heard.

Coming a day after Rangers FC issued a press release declaring: “The remarks in the Court of Session today made by Levy & McRae with regard to their concerns about the club’s solvency are unfounded and unwarranted” I found it interesting to read that one of of Scotland’s leading law firms is arguing that Rangers are close to bankruptcy.

Read it for yourself. Digest. Let us do what this blog does best: discuss it in detail.

[Link removed]

There is enough material in this link to keep us slicing and dicing for weeks to come.

The decision to post this link came after weighing up several pros and cons of doing so. Ultimately, the central mission of this blog is to explode the myths and lies surrounding almost everything to do with Rangers FC in recent years. Therefore, I felt that benefits outweigh the costs. I hope that you will agree.

About rangerstaxcase
I have information on Rangers' tax case, and I will use this blog to provide the details of what Rangers FC have done, why it was illegal, and what the implications are for one of the largest football clubs in Britain.

812 Responses to Martin Bain, His lawyers, Rangers & Insolvency

  1. Andy fitzpatrick says:

    If you meet a film star you are star struck,,would that mean if you meet craig whyte you would be dumb struck.

  2. Lord Wobbly says:

    Andy fitzpatrick says:
    12/09/2011 at 5:51 pm
    If you meet a film star you are star struck,,would that mean if you meet craig whyte you would be dumb struck.
    That would appear to be his preference!

  3. Auldheid says:

    Lord Wobbly says:

    12/09/2011 at 5:44 pm

    I think that is what was reported which does not make it a quote being twice removed.

    On the nature of blogging, you could write a set of rules for implementing Crowd Wisdom based on the experience of this blog. (a book for rtc if he fancies it)

    It is all about focus, always has been. The only thing that is real is what we focus on.

  4. Lord Wobbly says:

    “believes” there will always be “a” Rangers

    “believes” Rangers will always play at Ibrox

    If these are direct quotes, then it’s not exactly a ringing endorsement.

  5. Mark Dickson says:

    I agree with Craig Whyte there will continue to be “a Rangers” …. I also agree with Auldheid that it might not and indeed probably couldn’t be ‘THE’ (ie same) Rangers if the BIG Tax case was/is lost however I wouldn’t expect any newly formed or re-formed Rangers to be reformed or remarkably different in their acts and thoughts unless more honest, ethical and scrupulous people can gain control of that football club. I know most Celtic fans won’t agree but it’s hard not have a wee bit sympathy for McCoist in all of this – like Lennon it’s his first gig at management and it’s a very hard job at the best of times without all the crap that Murray & Whyte have brought to the clubs door.

  6. Duggie73 says:

    it’s going back a bit, but I seem to remember trying to argue for the case that CW may find himself in a situation where there is an overwhelming temptation for him to do the right thing.

    mibbes there’s been some progress along the road to that being the end-point.


  7. easyJambo says:

    New blog now posted

  8. the Don Dionisio says:

    Agreed, Hugo Z, and give all the daft music and psychobabble references a miss.
    After all, we all have our own (private?) tastes in music. Private because no-one else really gives a s**t, and we have all heard of Norman Bates.

  9. andry fitzpatrick says:



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