Former Rangers owner David Murray has claimed the club were unfairly targeted by HMRC back in 2012.
The government chased the Ibrox club over unpaid taxes as a result of their use of the controversial EBT scheme, essentially playing players and staff tax-free loans.
It became known as the 'big tax case' and led to extreme financial difficulties at the club - who eventualy plunged into administration.
We already told how, appearing on the Graeme Souness Tackles podcast, Murray defended his use of EBTs when quizzed by Simon Jordan.
He has also claimed Rangers were unfairly targeted by HMRC with "illegal" penalties.
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The former owner said: "We were in trouble but on top of that, the biggest thing that hit me was that the Bank of Scotland went bust. So we had a charge of £130-140million and your bank has gone bust. It doesn't matter how clever I thought I was, there was no way out of it.
"But the ironical and really annoying thing to this day that still sticks in my craw is that they eventually found out that the penalties (imposed on us) were illegal. They shouldn't have charged us. The final figure was £33million. Rangers did not need to go bust but HMRC identified 'this is the target we are going to get'.
"It hurts me really badly. Okay, I am remembered for what happened (to Rangers) at the end but I'd like to think I'm also remembered for (Paul) Gascoigne, nine in a row and 35 trophies. The fact of the matter is and I have no doubt that Rangers were targeted to be used as an example for the schemes. Which brings us today to Man City. Is there a parallel? I'm not sure.
"I didn't really want to do another £50million rights issue but I found another £50million to keep it (Rangers) going. When you sit there with supporters groups, it's quite difficult and you do get caught up in it. There are cleverer people than me that got caught up in it.
"Rangers Football Club is a massive institution where there is pressure from the fans. But I do come back to it, Rangers were targeted. We could still be at the club today if those two factors had not hit us. When your bank goes bust you are up a cul de sac with nowhere to go. But yes, I made decisions that were (based on) vanity and not sanity."
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