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EBTs went to staff at other clubs. £10m unaccounted for

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Assuming Sir David Murray was telling the truth to Sky News in March (bear with me), there is a £10m gap between the sum recorded in Rangers accounts as paid to EBTs and the recipients revealed by the BBC last night.

It may be that the BBC didn’t receive information on some Rangers employees but we should also consider what other non-employees received payment from an Employee Benefit Trust, like Graeme Souness, who was employed by another club at the time.

What other clubs’ employees received a piece of that £10m?  Was it only Blackburn Rovers?  Did they know about it?  Did an employee of another SPL club receive payment from Rangers Employee Benefit Trust?

What about journalists?  The cosy relationship between football clubs and sports journalists has been one of the most incongruous features of this debacle.

What about officials?  Yes, officials?

We know cash went out of the company, we know how much is unaccounted for, we just don’t know where it went.  The already-established multi-association nature of these revelations (it involved a club registered by the Football Association in England) puts the matter beyond the immediate scope of the Scottish authorities, which is some comfort.

Many of the facts have been revealed but this will be a story that is still giving a decade from now.  Before Rangers disappear into the ether, the authorities (football and other) must use all leverage possible to discover where that £10m went.

I didn’t see a penny.  Did you?

I am still trying to digest the enormity of what was revealed last night. This could take a while.

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346 Comments

  1. Sixteen roads to Golgotha on

    I think that it is now time for UEFA to step into the equation.

     

     

    It’s getting far,far too messy now.

     

     

    Doncaster and his incompetent crew are well out of their depth.

     

     

    Intervention from a higher authority is what is needed to sort this pantomine out.

  2. Paul,

     

     

    dont tell anyone, just between us.

     

     

    I had an EBT when I was working at Mimtec.

  3. I’m reminded of this quotation……

     

     

    Thanks Paul 67, thanks BBC……

     

     

     

    “There are decades where nothing happens and there are weeks where decades happen”.

     

     

    VI Lenin.

  4. Dontbrattbakkinanger on

    The ability to combine the career of porn star and tax expert is casting new light on the skillset parameters of excellent CQNers such as Cadizzy, Blantyre Kev, Jobo Baldie and ole DIck Byrne.

     

    [Sincere apologies if I’ve missed anyone out].

     

     

    – FTLT

  5. Great stuff Paul. surely at some point the dagger will be drawn and the beast killed. What are they waiting for?

  6. How could anyone possibly think that Albert Alexandre Louis Pierre Grimaldi, Albert II, Sovereign Prince of Monaco, would be interested in investing in Rangers FC?

     

     

    Sure, isn’t he a Kelly on the Mammy’s side?

  7. Scotland ,the north Korea of the Western hemisphere,any other

     

    place on the planet ,these scumbags would be blown out of the

     

    water.

  8. Doncaster says that there is little or no difference between dual contracts and single contracts. This has been going on in England for many years and is quite common. :-)

     

    share on F’book or Twitter

  9. As for guys wanting Celtic to comment…………………Why????

     

     

    Let the shot develop, as they say in snooker. There is shed loads of stuff to come out, keep your powder dry.

     

     

    The time for Celtic to comment is when everything is out in the open and some kind of end is being formulated, if that ‘end’ is not to our satisfaction then that is where we come in.

     

     

    Never disturb your enemy when he is making mistakes.

  10. What was the name of the No.1 keeper they got on loan from Man Utd?

     

     

    Might Sir Furious be embroilled in all this??

     

     

    I do hope so.

     

    Oh what a palava!

     

     

    HH

     

    /Bishop B

  11. Officials, seriously, surely not, I wonder, maybe chairmen as well hmmmm…….

     

     

    I would really like to know how much a particular person got for signing Bumnote of the Orcs, because the Newcastle fans will be rioting as the were well and truly stiffed on that one :o))))))))

  12. Dick Byrne on 24 May, 2012 at 12:28 said:

     

     

    Ole Dick Byrne,just made me a tad queasy.:O(

  13. Saint Stivs:

     

     

    Cheers mate I saw it earlier, but I’m wondering if there was another list; a MKI prototype model if you like. Maybe we should ask Indiana Jones what he thinks.

  14. Paul67

     

     

    I will only realise the enormity of it when the SPL/SFA make a statement.

  15. Awe_Naw_No_Annoni_Oan_Anaw_Noo on

    Paul67

     

     

    I like your train of thought

     

     

     

    FylingScotsmanCSC

  16. emusanorphan on

    Can anyone point me to posts from Auldheid or BRTH if they’ve posted today? Sorry for request but can’t view all comments just now.

  17. Paul67,

     

     

    You have a cheek writing about corruption in Scottish football. I have evidence that a certain German-based Scot – for the time being let’s just call him Mr. Awe_Naw – has offered to arrange a free holiday for you & your family.

  18. Sixteen roads to Golgotha on

    And they claimed to be the “people”.

     

     

    Marble staircases,brown brogues,club ties and cardigans…

     

     

    Dignity eh?

     

     

    I never believed it.

     

     

    They were only fooling themselves.

  19. The Battered Bunnet on

    This is perhaps the saddest part of the shabby story Paul.

     

     

    Money went into an unauditable cascading offshore framework, and at that point disappeared from view. It became unaccountable.

     

     

    The payment to Souness precedents payments to people outside of RFC’s Employment.

     

     

    Everyone is now a suspect. That suspicion is corrosive. Many innocent people will have their reputation trashed as a result of it.

     

     

    The Game itself is trashed.

     

     

    So sad.

  20. emusanorphan on 24 May, 2012 at 12:31 said:

     

     

    Don’t believe these two gents have posted today.

  21. Dontbrattbakkinanger on

    Ole Dick- for the wear and tear involved on the ole nerves I expect said fluffer is getting an EBT, at the very least.

  22. Subterranean on

    Dick Byrne on 24 May, 2012 at 12:24 said:

     

     

    I’m a Kelly on me Mammy’s side – FACT.

     

     

    Was my pound not good enough for St Craig? I demand to be offended.

     

     

    Chris

     

    AbsolutelyFabulousCSC

  23. savo01 on 24 May, 2012 at 12:28 said:

     

    Art of War

     

    No, why should I? Why don’t you ‘do one’

     

    ————————-

     

    Why should you `do one’? Simply because you are tarring Celtic with the same brush with your “everyone does it” nonsense.

     

     

    Show me your proof ya noodle! ;-)

  24. Paul,

     

     

    I think it went to charity. I believe the major recipient was the Rangers Fighting Fund, which they used to full effect to finance the old Manchester Riot back in the day.

     

     

    ;-)