EBTs “Gave us the opportunity to get players we otherwise couldn’t afford.”
With those words in the Glasgow High Court witness box yesterday, Sir David Murray laid bare the sporting advantage question of Rangers EBTs. EBTs gave Rangers a sporting advantage. If the loans were illegally executed, the club gained an illegal sporting advantage.
At the time of the Lord Nimmo Smith Commission the payments were regarded as legal, the Commission therefore ruled that no illegal sporting advantage was gained, as any other club could have acted in the same manner. The Supreme Court will have the final say on the legality later this year.
You and I know better than to hazard a guess as to which way that decision will go, but it will be worth tuning in for.
That aside, former vice-chairman of Rangers, Donald Findlay, representing former chairman of Rangers, Craig Whyte, appeared to enjoy questioning Sir David, another former chairman of Rangers, more than old Zsa Zsa in the witness box enjoyed being questioned.
Win a chance to play on Celtic Park this Monday, 1 May 2017
I expect the number of us who have pulled on a Celtic shirt and played at Celtic Park will be very few, but………
There is a club sponsors’ game on the hallowed turf this Monday, 1 May 2017, and those incredible people at Intelligent Car Leasing have given me one of their places in the line-up.
We have an ebay auction here for the spot, benefiting your very own Celtic FC Foundation. It was launched a few moments ago and ends tomorrow around noon, so the number of bidders will be limited.
You will enjoy the whole playing at Celtic Park experience, just as Quinn, McGrory, Johnstone, McNeill, Dalglish and Larsson did before you. You will make fantastic memories, you’ll bore your friends with the photos for months. You will look back on this when you account for the great moments in your life.
Celtic kit will be provided, although you’ll need to bring your own boots and shin guards.
Opportunities like this come along when the pitch is about to be replaced, and that happen only twice in the previous 20 years.
This is a 24 hour listing and the clock is ticking. Bid for yourself, or for someone special.
JOCK STEIN T-SHIRT STOCK UPDATE – Small – 2 left, Medium 3 left, Large only 1 left, XL 11 left and XXL 7 left. Order yours at www.cqnbookstore.com (just click on image above).
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Email continues “Serious issues about the maintenance and upkeep of Ibrox stadium”
Murray “That’s his opinion”
#WhyteTrial
Johnson email says Whyte is unaware of
“the shambles of a playing squad he will inherit”
“They had just won 3 doubles” Murray replie
—-
Memory coming back Dave?
Witness shown copy of a submission he gave during a legal case states: “I was not aware Martin Bain’s notice period was 39 months”
I told a big Hun pal that if we beat them tomorrow we get two collie dogs for the mantelpiece
Get in
HH
Email continues “Serious issues about the maintenance and upkeep of Ibrox stadium”
Murray “That’s his opinion”
#WhyteTrial
I doubt very much this would be an opinion based statement as he would not be qualified to make such an opinion.
Murray “The facts you have given this morning don’t make good reading
——
Look good to me Dave.
A quick update on the remaining stock on the CQN Lisbon 1967 Jock Stein t-shirt.
We have now sold out of size LARGE.
We have ONE medium size remaining.
We have TWO smalls and 6 each in sizes XL and XXL.
There isn’t going to be a re-order so when these are sold that is it!
You can order one of these t-shirts for £14.99 or with the book IN THE HEAT OF LISBON for £19.67 at cqnbookstore.com.
The profits will be used to thank the Lions and we will be doing that on Friday 26th May at the Greenock Celtic Supporters Club when Willie Wallace will be bringing some friends down after the Lisbon Lions lunch that afternoon.
The Tommy Gemmell CSC from Dunblane are planning to start the Cup Final weekend down there and everyone from CQN is welcome. More details on tickets early next week.
Findlay “You were let down by people who didn’t have a clue”?
Murray: The facts are there for others to judge”
LMCBhoy on 28th April 2017 10:42 am
Off to London to see the youngest bhoy
Rugby tonight then courtesy of bmcuw off to south London Irish club to watch the game with like minded! If you are there say hello, small dumpy ghuy with good looking big bhoy, I am the dumpy one lol!!!!
Stay safe going or not going tomorrow
If by any chance anyone has two briefs for north London derby sunday, unlikely I know, we would finish the weekend with that local game:)
Hail hail lmcbhoy
——————————————————
Jealous! Tell The Honest Mistake I might see him down there for the Cup Final.
Findlay asks Murray about Dave King, witness confirms he was on the board
—-
Incoming….
Davido
Will do if our paths cross
HH
King note to takeover panel is about Whyte’s bid says King is “concerned about the source of funds, mentions possible police investigation”
—-
I take it Mr Johnson will be made aware of Murray’s assessment and have the opportunity to respond :)
LMCBhoy
BMCUWP will introduce no doubt!
JAMESGANG on 28TH APRIL 2017 9:03 AM
As you would gather, I am a great fan of words as well. I love words that have a “sound” of what they mean – like cozen and vicissitude. Neither of them sound like nice things really!
I do suspect (as BRTH suggested earlier) vicissitude could well make a few appearances in “The Trial”. There’s a hun movie title – The Trial (based on Franz Kafka’s novel).
SANDMAN on 28TH APRIL 2017 9:50 AM
You could do the ned version of WOTD; that would certainly lighten the mood of a morning!
KTF
Thanks for the updates from the trial of Our Hero.
It sounds like Donald Findlay is enjoying himself….
King note “I was approached 10 years ago to make investment in the club”
“After personal discussion with Mr Murray” agreed to £5m
thetimreaper on 28th April 2017 10:53 am
King note “I was approached 10 years ago to make investment in the club”
“After personal discussion with Mr Murray” agreed to £5m
———————————————————
What was all that about £20m then?
Murray says King had “every opportunity” to buy the club before Whyte came along. Meeting organised in London “but he didn’t do it”
James Doleman @jamesdoleman 54s54 seconds ago
More
Murray says King had “every opportunity” to buy the club before Whyte came along. Meeting organised in London “but he didn’t do it”
KTF
Later raised investment to £20m, “asked for assurances 1) Be on the board 2) Not dispose of shareholding without consultation.
thetimreaper
Should have just been patient lol. Ta.
James Doleman @jamesdoleman 1m1 minute ago
More
King note questions “The financial stability of the business” notes Murray group in “financial difficulty” rfc “caught up in damage control”
It’s getting hot!
KTF
King note questions “The financial stability of the business” notes Murray group in “financial difficulty” rfc “caught up in damage control”
Murray says King himself removed his shareholding from Murray sport “signed a piece of paper” to transfer to himself
King note to takeover panel complains Murray has caused “value destruction” mentions meeting Murray
Witness doesn’t recall conversation
King note says Murray was “manipulating the bank debt”
“Absolute rubbish” the witness replies.”No truth in that at all”
We’ll see what Dave King says in the witness box….
Which liar is to believed?
Looks to me like this line of questioning are a wee trap
Murray “Everything was open and honest as we’ll find out as we go through this process”
#WhyteTrial
Findlay asks Murray if King note was just “blatant lies”
“It’s all in the paperwork” witness replies
—–
Findlay playing King and Murray off against each other. He knows their egos too well.
Oh the Irony of Glib and Shamless complaining to the Takeover Panel……
In letter King says tax scheme allowed Rangers to live on a”false economic basis for a long period of time”
Says would have opposed
Findlay asks about King’s complaint over tax scheme
“We put in the accounts…Mr King could have read the accounts”
#WhyteTrial
—-
Poor Glib didn’t get an EBT…
Murray notes Dave King had been on the board since 2002, “EBT” tax scheme since 2000 not challenged.
Winning Captains
My package arrived yesterday. TBH I wasn’t too bothered about the T Shirt……until I opened the parcel. It felt like holding a genuine piece of Celtic history. It will be great to see how many are sported at our games in the coming weeks.
Well done on a great initiative!
Fair play to Glibby for being affronted at Murray not paying tax.
Dave 1 should have listened to him and paid HMRC, thereby avoiding the nasty consequences.