As the mess that is the financial collapse of Rangers Football Club continues to play out in the courts, more evidence emerges of financial foul play by the club in the years leading up to the crash. And that evidence confirms the accuracy of what has been reported here, and the critical questions that the…
The Scottish Football Association, in seeking to defend itself from allegations that it unfairly awarded Rangers a licence to play in Europe in 2011/2012, appears to have admitted that it withheld evidence from the Lord Nimmo Smith inquiry into rule breaking by the club in its use of tax avoidance schemes. In 2013, a commission…
This seems like a good time for a quick round-up. It’s been a few weeks since we published a report into misgovernance at the Scottish Football Association, calling for an independent inquiry to ensure a level playing field and greater accountability to fans. Now things are moving… To recap briefly, we identified two main issues around the SFA’s…
Over the last week, someone operating an anonymous twitter account and an anonymous email account has claimed repeatedly that the Offshore Game withheld evidence in our report. He/She/It also claimed that because we did not immediately reply to his/her/its accusations, we were not committed to ‘transparency’. Seriously? But we do think it’s useful to discuss the evidence,…
Since publishing our report we have had a number of people contact us about a post elsewhere which questioned our conclusions on the grant of a UEFA license to Rangers in 2011. Further to this we have been in email communication with the writer/s of the post and discussed their position. We would like to note that…
The Offshore Game has been approached by an anonymous fan of Rangers Football Club who raised a couple of issues with the language used in our report. After considering the issues raised we have made a couple of non-material corrections to our report. We would like to stress that we approach this subject from the…
Today, the Court of Session in Scotland ruled in favour of Her Majesty’s Revenue and Customs in the Big Tax Case. The Big Tax Case was a challenge to Rangers’ use of an offshore tax avoidance scheme to pay its players. This is the first victory for HMRC in what has become a very long…
With a new regime set to take over after a boardroom coup, we thought it might be useful to reflect on why Rangers seem to have learned no lessons from their bankruptcy about sound financial management and the importance of good corporate governance.