Rangers chairman Dave Kind today released a lengthy statement in response to the latest ruling in the big tax case and the calls for title stripping.
Last Wednesday HMRC won an appeal against Rangers which led to some regions of Scottish football calling for Rangers titles between 2001-2010 to be stripped as a result of the use of EBTs.
King has previously stated that the board will, rightly, defend any attack on the club’s history.
In a statement on the club Website, King stated:
“It is disappointing that a debate has re-emerged around the subject of Rangers’ history in Scottish football. It must be especially frustrating for the Club’s supporters who again find individuals within the structures of Scottish football unfairly targeting the Club.
“As the one individual who was a major shareholder and director throughout the period that gave rise to the HMRC dispute, and again find myself in a similar capacity, I believe that I am uniquely positioned to make three important observations.
“First, irrespective of the final outcome of the tax appeal (which might take several more years) the football team had no advantage from any tax savings from the scheme put in place by the Murray Group. Throughout the period in question the shareholders were committed to providing funding to the Club.
King finished the statement with strong message, warning that, “For the avoidance of doubt, however, I wish to make one point clear. If the history of our Club comes under attack we will deal with it in the strongest manner possible and will hold to account those persons who have acted against their fiduciary responsibilities to their own clubs and to Scottish football.”
In an era where Scottish football is a shadow of its former self, the Anti-Rangers witch hunt seems to be in full swing. As King stated, “This is a misguided attempt (that will ultimately fail) to rewrite history and defeat Rangers off the park when their teams could not do so on the park at the time.” Well said Mr King.
