From BBC Sport · · 1m 30s
Rangers 2012 Case and Man City's Uncertain Future
Rangers' 2012 financial collapse mirrors potential Manchester City sanctions.
In brief
Rangers' 2012 financial collapse mirrors potential Manchester City sanctions. Manchester City faces similar consequences to Rangers after 2012 financial collapse. Originally reported by BBC Sport.
Rangers' 2012 financial collapse
Rangers were placed in the fourth tier of Scottish football in 2012 after a financial collapse.
Employee Benefit Trust scheme
Rangers paid over £47m into Employee Benefit Trusts for more than 80 individuals.
HMRC tax dispute
HMRC argued Rangers' payments should have been taxed as earnings, leading to a £47m debt.
Supreme Court ruling
Supreme Court ruled in favor of HMRC after five years of court proceedings.
Manchester City's charges
Manchester City found guilty of arranging 'sham contracts' to disguise over £830m in funding.
City's appeal
City have appealed against the verdict and deny any wrongdoing in the financial breaches.
Rangers' demotion process
Rangers entered administration in February 2012 and were placed in the fourth tier of Scottish football.
Rangers' league journey
Rangers played in the fourth tier for several seasons before returning to the top flight.
Rangers' financial impact
Rangers lost key players without recouping funds, leading to significant financial strain.
Manchester City's potential demotion
Manchester City could face expulsion from the Premier League and re-entry into the EFL.
Rangers' player retention
Rangers' players stayed with the club despite financial struggles, unlike City's situation.
Rangers' 2012 legacy
Rangers' 2012 financial collapse remains a cautionary tale for clubs facing similar issues.
The takeaway
Manchester City faces similar consequences to Rangers after 2012 financial collapse.
