It’s A Deal
09/03/2012 2,871 Comments
In a move backed by the Treasury, a government source today announced that the taxpayer will fund a stadium made of gold (complete with hover-pitch) for Celtic Football Club.
See- I can do it too. I can publish fabricated nonsense. Can someone now send me an NUJ card?
It is a confusing business following events surrounding Rangers these days. Depending upon the agenda of the day, we are treated to stories designed to either terrify players into accepting reduced terms or to build confidence in ticket buyers and prospective investors.
The story this week that the Treasury is supporting an HMRC deal to write off all of Rangers’ debts to allow a CVA to go through shows that a nauseating mixture of naivety and cynicism is still pumping through the hearts of the Scottish media. Are they really so stupid to believe the same individuals who briefed them on behalf of Whyte? Those same people are still employed by Rangers but are now fabricating on behalf of their new bosses.
(How many “HMRC about to do a deal” stories have we heard from the media in the last year?)
An actual source close to the facts of this story described the latest wave of claims of about a Treasury sanctioned deal as “utter bollocks”.
There is no process for, and no history of, the Treasury involving itself in this type of discussion. Of course, the people who invented this story know that HMRC cannot comment. So, they hope to do a “Dave King” and make all sorts of claims about deals with the taxman in the belief that the stories will go unchallenged and eventually be accepted as fact.
Quite what HMRC will do after the FTT returns a result is anyone’s guess. My guess is that after mishandling deals with Goldman Sachs and Vodaphone, they will want to demonstrate that all tax bills must be paid- end of story.
They might offer time to pay (which is of no use to Rangers as the amounts are unpayable on any time scale), but I think that they will want the tax paid in full.
However, the idea that anyone is discussing a deal- and with the Treasury no less- a bill that has not been legally determined and with an unknown amount- is just stupid.
Any journalist who accepted the word of a PR company, especially one that has been proven wrong in almost its every utterance about this subject, without seeing documentary evidence is an idiot.