**Murray International Holdings say they are pleased that a first tier tax tribunal into Rangers' use of Employee Benefit Trusts has found they are now subject to "minimal tax liability".
A three-person tribunal heard representations over 29 days dating from November 2011, but failed to reach a unanimous verdict.
In response to the release of the judgement of the first tier tax tribunal on the operation of the Employee Benefit Trust (“EBT”), a spokesperson said: "We are satisfied that the tax tribunal has now published its widely awaited decision and note the contents thereof.
"We are pleased with the judgement which leaves minimal tax liability and overwhelmingly supports the views collectively and consistently held by our advisers, legal counsel and MIH itself.
"This has been an exceptionally long, difficult and expensive process involving not just the tax tribunal but also significant efforts to resolve the matter with senior HMRC officials on a commercially sensible basis for all parties.
"We will therefore review the detailed content of the decision with our advisers and legal counsel to ascertain what action, if any, is now required by MIH.
"While MIH has at all times respected the privacy of the Tax Tribunal proceedings, a substantial quantity of confidential information relating to the case has become available for public consumption stimulating considerable discussion and often ill-informed debate. This has been wholly inappropriate and outwith the fundamental principles of natural justice.
"We therefore formally request that the relevant authorities investigate how these sensitive details have been released so widely. We have instructed our lawyers to retrospectively review online and printed publications relating to the case to identify whether legal redress is either appropriate or necessary."
More About Focus on Rangers
- Rangers fan groups unite to back withholding of season ticket money
- Rangers oldco victory in big tax case contained 'errors in law'
- Charles Green due to give evidence in £500,000 Rangers lawsuit
- Rangers finance director Brian Stockbridge leaves by mutual consent
- Scotland Tonight: Are Rangers heading for the financial drop zone?
- Police in talks with Rangers over online 'abuse' of finance director
- Rangers board re-elected as rebel shareholders fail in AGM vote
People who read this story also read
- Rangers win big tax case as tribunal rules EBT payments were loans
- HMRC considers appeal as it concedes Rangers tax case defeat
- Delighted City boss now sanctions an all-out tilt at Rangers games
- Alastair Johnston says tax ruling means Rangers must keep titles
- Football Talk: Benfica's greater good, SPL2 slammed, Neymar hits orbit