aug 4, 2011 - Emails of 4 August show that a meeting had been scheduled with HMRC for 22 August. Addresses need for UEFA revenues and liability to HMRC

Description:

As of this date the following was the case:
1. Rangers acknowledged without European
revenues they did not have cash to last beyond
September 2011 - the principle behind FFP;
2. There was now a £4.2m liability to HMRC but
Rangers were contemplating appealing the
penalty;
3. HMRC were aggrieved no payment had yet
been made towards the liability and expected
some before the 22 Aug 2011 planned meeting; and
4. A PAYE audit by HMRC had been scheduled.

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