Rangers have criticised "misleading" information that the taxman's victory in the so-called Big Tax Case impacts on the club.

Her Majesty's Revenue and Customs (HMRC) won its claim Rangers were liable for a £46.2 million bill over the use of Employee Benefit Trusts (EBTs) to pay players, managers and other staff.

The challenge concerned the company and other entities which ran Rangers until 2012.

The statement has been treated with disdain by some on social media.

Rangers said in a statement: "We would like to correct some misleading information that has been circulating on what is described as the “Big Tax Case”.

"For the avoidance of doubt, Rangers have not lost the case. There is no question of any liability impacting on our club, its history or any member of the Rangers International Football Club plc Group.

"The Rangers Football Club and the entities which currently own and manage it are not party to these proceedings nor do we have any say in what happens. The proceedings are a matter for those affected by them."

Rangers hierarchy confident of retaining all of their 54 Scottish titles despite latest "Big Tax Case" ruling

 

The appeal judges Lord Carloway, sitting with Lord Menzies and Lord Drummond Young rules that the EBT payments were wages and therefore should be eligible for tax.   

Sir David Murray, the former owner of Rangers, had argued they were loans and therefore exempt.

Rangers added: "We note that the assessments for tax which were the subject for appeal and which are referred to as the Big Tax Case relate to Murray Group Holdings Limited, Murray Group Management Limited, The Premier Group Property Limited, GM Mining Limited and RFC 2012 PLC (in liquidation)."

The statement has received short shrift by some.

The Herald:

The Herald: