McCoist aims for tax tribunal boost

15 January 2012 14:46

Rangers manager Ally McCoist admits he has his "fingers crossed" ahead of the start of the club's tax tribunal.

A first-tier tribunal is set to begin in Edinburgh on Monday over the club's main dispute with Her Majesty's Revenue and Customs.

The Rangers manager told a number of Sunday newspapers: "The club feel they have a strong case, I would imagine HMRC feel they have a strong case."

He added: "(Chairman) Craig (Whyte) has been informing me of the situation and, like every other Rangers supporter, I am sitting with my fingers crossed.

"Let's make no mistake about it, we'd far rather it wasn't there.

"I am not going to tell you everything is rosy, because it is not."

Rangers have been under investigation for payments made to staff in benefit trusts and the case could cost the club up to £49million.

Whyte, who knowingly inherited the problem from previous majority shareholder Sir David Murray, has refused to rule out the possibility of the club going into administration and McCoist cannot hide his concern.

The tribunal is scheduled to last three days but March is the likeliest time scale for an outcome.

"The most important thing from where I am sitting is resolution," McCoist said. "We need a result so the club can move forward."

Source: PA