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.
You can buy a hard copy of the new issue of CQN Magazine via Magcloud here.
The graphic below is just for a flick through, to read the magazine go here to it’s dedicated site.
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The rankers are possibly one of the worlds greatest fitba institutions, they will sign a half doz young stars of the future, they will rise like a veritable phoenix from the orcpit from whense they came, did I mention that ibORCS was built on the site of a Govan piggery , Nae joke that by the bye!
Nice weather doon Blackpool way
Hx2
wonkyradar on 24 May, 2012 at 14:51 said:
– I am almost certain the boy from Brugge will go to one of the lower ranked EPL sides. He is that sort of player – he would do well for us, but I’m sure one of those clubs will be in for him.
An ode tae the huns
And now, the end is here,
And so I face the final curtain
My friend, I’ll say it clear
I’ll state my case, of which I’m certain
I’ve lived a life that’s full
I traveled each and ev’ry highway
And more, much more than this,
I did it my way
Regrets, I’ve had a few (EBTs)
But then again, too few to mention (?)
I did what I had to do (£6M in the bank)
and saw it through without exemption (check the records)
I planned each charted course, (yes I did)
each careful step along the byway
And more, much more than this. ,
I did it my way. (like the BBC have just pointed out)
Yes, there were times,
I’m sure you knew (well I know now!)
When I bit off more than I could chew (just a wee bit, but Paul Baxendale-Walker said it’ll be right)
But through it all,
when there was doubt (no fae me)
I ate it up and spit it out
I faced it all and I stood tall
and did it my way
I’ve loved, I’ve laughed and cried
I’ve had my fill, my share of losing
And now, as tears subside, (not fae the LL)
I find it all so amusing (you find it amusing, try being a Celtic fan!!!)
To think I did all that
And may I say, not in a shy way,
“Oh, no, oh, no, not me, I did it my way”
For what is a man,
what has he got?
If not himself,
then he has naught
To say the things he truly feels
and not the words of one who kneels
The (daily) record shows I took the blows
and did it my way!
Yes, it was my way (for every £5 they spend, we’ll spend £10)
Good times!
& as an afterthought very surprised dumb & dumber are still in the picture.
The big hoooose must stay open?
Tiocfaidh ár lá
Morning all.
The sun is still shining brightly here in North Ayrshire. It is May after all.
Radio Scotland is talking of CVAs today or Monday. How long does it take for these to be rejected? Will the sun have gone by then?