Rangers (deceased) win as not liable to pay anything near full HMRC claims.
HMRC wins as Rangers (deceased) still liable to pay something, and a fraction of many millions is still millions.
Either party could appeal further. Neither of them will.
One Tribunal member was not convinced re emolument/loan argument but two were, or at least were slightly persuaded.
Positive result for ex-Rangers does not guarantee positive result for Mr Green’s Rangers at SPL inquiry. Different questions to be answered by each.
Press coverage will be superficial and will treat it as Ibrox win.
Rangers message boards will be full of demands to sue HMRC, SPL, SFA, CW, SDM, SMERSH and DVLA.
I will have a summary up on Scotzine later and a more detailed analysis, in 18 chapters here.
I am off to do something far more important now – musical event at my daughters’ school!
And 147 words to this point. Not bad!
Bye for now!