Biggart Baillie scores role on Rangers administration
Scottish firm Biggart Baillie has been drafted in to advise as Rangers Football Club goes into administration.
Ibrox Stadium
Rangers yesterday appointed administrators Paul Clark and David Whitehouse, both of Duff & Phelps, following a petition for administration to the Court of Session in Edinburgh by HMRC following the non-payment of around £9m in PAYE and VAT charges.
The administrators have instructed Biggart Baillie to advise on legal issues. The firm declined to comment on the appointment, although a spokesperson for Biggart Baillie did confirm that the firm was, “acting for the joint administrators and will provide them with advice on all legal matters which arise in the course of the administration”.
As a result of the going into administration, the Scottish Premiere League has docked Rangers 10 points.
As well as the unpaid £9m, Rangers is awaiting a tax tribunal decision over a disputed £49m HMRC bill, though owner Craig Whyte has warned that the costs of the case to the club could be as much as £75m. In addition to this Rangers has an ongoing operating deficit.
HMRC, which used in-house lawyers, has instructed counsel David Thomson from Ampersand to deal with the case. Roddy Dunlop QC from Axiom Advocates is advising Rangers.
Readers' comments (4)
Anonymous | 15-Feb-2012 12:57 pm
Rumours are that Biggarts only got the job because other firms when running their conflict searches came back with several conflicts showing - the search results being fee earners within the firm who supported Celtic who couldn't wait to get the jelly and ice cream out.
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Hail Hail | 15-Feb-2012 3:53 pm
How appropriate that Rangers FC have appointed someone that sounds like Bigots.
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Arnold | 15-Feb-2012 4:22 pm
Whyte was seen in Biggart's office along with the administrators. Suggests a nice cosy relationship there, which will no doubt become obvious when the administration process plays out.
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Anonymous | 20-Feb-2012 8:23 pm
alan brazil says he used to get ice cream with raspberry sauce off torbet when at celtic boys club makes him feel sick to this day im sure it brings back lots of awful memories for many of those boys to this day quite ironic celtic fans should use this as a mocking tool against rangers and if you knew your history rasberry sauce time boys!
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