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Rangers FC consider legal action against UK tax authorities over penalty recalculation

rangers

Getty Images | Rangers FC were demoted to the Scottish third division in 2012. The club returned to the Premiership in 2016. Last season, Rangers finished second in the league behind Glasgow-rivals Celtic.

Up to £50 million in penalties is set to be wiped off the club's former operating company's tax bill by the tax authorities.

The revised figure is understood to be around £20 million, which would have made the indebted club more attractive to potential buyers than HMRC's initial claim of £94 million.

HMRC: It is not correct

15 November 2019 - 9:28 AM

By Jesper Elkjær Jensen

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