THE Scottish Professional Football League has said it will take time to consider the implications of Tuesday's Supreme Court ruling in the Rangers 'big tax case'.
Lord Hodge announced that five Supreme Court judges had unanimously dismissed an appeal by the liquidators of RFC2012, the company formerly known as Rangers Football Club before its financial collapse in 2012.
About £50 million was paid to dozens of Rangers players and staff through an EBT scheme administered by the Murray Group, then majority shareholder of the Glasgow club, from 2001 to 2009.
Read more: Rangers 'big tax case': Supreme court backs HMRC over tax avoidance scheme at Ibrox
The club contended these should be classified as loans but HMRC insisted they were taxable earnings.
The SPFL released a short statement following the announcement.
It read: "The Board of the SPFL notes today's judgement of the Supreme Court.
"We will now take time to examine the judgement in detail and to consider any implications for the SPFL."
Comments & Moderation
Readers’ comments: You are personally liable for the content of any comments you upload to this website, so please act responsibly. We do not pre-moderate or monitor readers’ comments appearing on our websites, but we do post-moderate in response to complaints we receive or otherwise when a potential problem comes to our attention. You can make a complaint by using the ‘report this post’ link . We may then apply our discretion under the user terms to amend or delete comments.
Post moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours.
Read the rules hereLast Updated:
Report this comment Cancel