The accountancy firm appointed as liquidator following Rangers' financial collapse in 2012 say they remain in negotiations with HMRC following a report which claimed the authorities overcharged the club in relation to a tax bill. On Thursday, The Times reported that "up to £50m is set to be wiped off the tax bill" related to the EBTs after HMRC reportedly acknowledged it had claimed for too much. The newspaper reported that accountancy sources now believe the outstanding bill was nearer to £20m. A statement from accountancy firm BDO said negotiations are ongoing with HMRC regarding the bill. "Since we published the last creditors report in June, BDO's tax specialists have been negotiating with HMRC over the size of the tax bill," a BDO statement said.

Source: Sky sports November 14, 2019 19:30 UTC