Concerns grow about Rangers

Concerns are growing about Craig Whyte’s stewardship of Rangers.  Admittedly, the old regime, who have been criticising Whyte, are not free from blame for the precarious state of affairs.  It was David Murray that came up with the Employee Benefit Tax Scheme which could yet land the club with a tax bill of millions that it would find it difficult to pay.

Concerns are growing about Craig Whyte’s stewardship of Rangers.  Admittedly, the old regime, who have been criticising Whyte, are not free from blame for the precarious state of affairs.  It was David Murray that came up with the Employee Benefit Tax Scheme which could yet land the club with a tax bill of millions that it would find it difficult to pay.


Craig Whyte’s deal to raise £24m from Ticketus against advance season ticket sales is not, of itself, unusual and is in principle a sensible way of managing uneven cash flow.  However, as is so often the case with football club finances, there are a number of aspects of current financial arrangements that are unclear.