Rangers confirms HMRC investigation 28/04/2010 |
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Rangers has confirmed that the Scottish Premier League club is under investigation by Her Majesty's Revenue & Customs (HMRC) over a tax issue.
BBC Scotland reports that the investigation relates to payments made into offshore accounts. The club is still up for sale with estimated debts of about £30m.
"There is an ongoing query raised by HMRC which is part of a pending court case," the club said in a statement.
"On the basis of expert tax advice provided to Rangers, the club is robustly defending the matters raised.
"It would, therefore, be inappropriate to comment further at this stage."
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