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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Art of War
I haven’t tarred anyone. I am only going on what i was told by a guy who is playing in England and has played for some decent Championship clubs. Look at BBC’s own website, the story is not screaming out at you. This is barely causing a whimper in England and you have to ask why? Is it because it’s not anything new to football journalists. The leading light on this in England is Alex Thompson, not a football writer and I don’t believe too many English hacks good and bad have had Murray’s succulent lamb. Alan Brazil on talksport who is a big Celt wasn’t even talking about it. I know they are cheats but as I have said it seems within footballing circles it’s an open secret and a common practice and Rangers seem to be the stupid one’s who left a paper trail.
I wonder how much David Taylor knew about it while at the SFA
I think he might be on gardening leave at UEFA anyway
Is Hugh Dallas still a UEFA employee ?
What about John Mc Beth ?
Hail Hail
miki67:
Its no a carrot Donkeyboy should be gettin- it should be a stick…unless there’s such a thing as a carrot-stick…but that would be confusing!
It seems that everyone is still waiting on someone else to be the ones to finish the huns off.
Now would be a great time for the Big Tax Case result to be announced.
Brogan Rogan Trevino and Hogan supports Kano 1000 on 24 May, 2012 at 12:55 said:
EBTs are just one of a number of tax avoidance schemes.
Who knows what other arrangements were in place?
Like, for instance, the plans involving the movie industry (which is how Paul B-W first got involved in porn).
Assuming the EBT couldn’t write cheques out to pay ‘cash’, I’d like to see an investigation of all payments made out of the EBT and a corresponding investigation into the bank accounts of James/Jim Traynor, Chick Young, A Forsyth etc etc. Then a review of the bank account of Hugh Dallas etc etc. An interesting man with an interesting business history – how many company insolvencies has he gone through? Would he / his companies been a soft target for the rogue £?
Who were the peepil writing these cheques or transferring these funds – Sally McCoist demands to know, and why does it appear that he wasn’t getting any?!
Campbell Ogilvie allegedly intrroduced EBT’s to Hearts when he moved there from Poundland,were there any big transfers between Hearts and the huns when Ogilvie was there? Webster went via Wigan in a very messy transfer.Just askin’ like…
2010 Never Again
Operation UFH is gathering momentum
I wonder what everyone is going to say further up the line….when this carefully organised… and masterfully orchestrated plan….. presents to one and all…a dossier which finally exposes the corrupt and cheating MIB once and for all?
And another thing – see any of the locals whom have designs on stripping the any metal from Ibroke for scrap – they need to mind themselves because that midden is riddled with asbestos,it is a dangerous place.
It’s only a matter of time before they go about those ridiculous gates with the axle grinders.
Every scrap metal merchant in Glasgow is awaiting a bumper harvest of lead and copper.
The vultures are already circling.
Ever been mis-sold an EBT?
I doubt any journalist was paid cash to write favourable stuff about the huns.
‘You cannot hope to bribe or twist,
thank God! the British journalist.
But, seeing what the man will do
unbribed, there’s no occasion to.’
estorilbhoy:
I’ve seen that strange Caprid phenomenon before in southern parts of Ayrshire: it happens every year during the OO’s marching season…goats start fainting all over rural Ayrshire.
wonkyradar on 24 May, 2012 at 13:01 said:
>>>
There is such a thing….and I know where Doncaster has it….lol!
: ))))))
HH !
Paul
You are truly indefatigable! You’re playing an absolute blinder. Keep up the good work.
Paul67 – just pondering your “suggestion” that people outwith Rangers may have been paid via the EBT system – officials etc.
I know I’m the simple type but it was called the “Employee Benefit Trust” and I would have therefore thought that only employees could benefit from it.
So….. how did Souness get paid? Under what auspices did they manage to swing that payment?
Silver Blaze .
The dog saw no need to bark . It recognized the man taking the horse .
It’s Ok for him to be doing what he’s doing
Nothing to get excited about – back to sleep
LEST WE FORGET (the SPL years…)
Tainted Titles
1999
2000
2003
2005
2009
2010
2011
Corrupt Scottish Cups
1999
2000
2002
2003
2008
2009
Defiled League Cups
1999
2002
2003
2005
2008
2010
2011
This is what I expected today after the doc. last night. Sadly,not apparent.
http://www.youtube.com/watch?v=zsTRxXvQY0s&feature=youtube_gdata_player
It would explain some of Collum’s performances…
FIFA says referees could soon undergo testing for banned performance enhancing drugs.
FIFA’s chief medical officer Jiri Dvorake says referees are part of the game and should be treated like players.
Dvorak tells FIFA’s medical conference there is no indication of a doping problem among referees “but it’s something we have to consider.”
FIFA also was asked to advise the World Anti-Doping Agency on when players serving doping bans should be allowed to return to training with team-mates.
Current WADA rules prevent suspended players working with their teams – effectively extending their ban if they are not match-ready immediately after completing a ban
WADA director general David Howman acknowledges that penalties can be harsher for team players than for individual athletes.
Paul67 – I’m now reminded of a blog post from a while back along the lines of ‘why would a company pay a former employee £500k (years??) after he has left’ and it got me wondering: is there £470k the Beeb doesn’t know about?
savo01
Are you really a Porn Actor/Financial Advisor whp keeps a large device on his window sill?
“What Raggers have done is an affront to football everywhere and should be a story for all serious sports or other reporters interested in the preservation of impartiality and honesty in football, especially those on Scotland’s doorstep. All supporters should be warned that they could be in a similar situation in their own leagues, with their own teams if the mess in Govan is not brought to the right and proper conclusion. Scottish football may be classed as second rate but maladministration is no less serious just because it is perpetrated by second class offenders. All of football is affected just as any crime affects everybody in society.”
CQN Magazine “Go Tell The English” May ’12 Issue 08.
It would appear that the Souness case may confirm the fears expressed above. Perhaps some decent English journalist might now consider investigating their game more thoroughly and help Scottish footballing bodies with investigations they would appear to be incompetent to carry out by themselves.
H H
H H
So we all know that ex huns who go on to manage other clubs seem to do favours for them. At times when they need cash players like Boumsong disappear for big transfer fees. And now it seems that many of these managers received cash via EBTs.
Is there any connection? Or is it just coincidence?
Souness was paid while Blackburn manager. We now know that – but not why. What about McLeish? Any interestingly timed payments there? Didn’t Ostenstat sell them Velicka (sp?) when he was a manager in Norway?
Why also were the hun SPL medals kept in the SPL offices ?
Did the Rangers SPL officials know they were worth something ?
HAil HAil
ASonOfDan
I’m aware Paul covered this in his article but like gerryg(?) I don’t think it’s enough to just say “nothing to see here” when the BBC have implied that we failed to disclose to the SFA payments to a player through an EBT.
The issue isn’t whether we paid the tax due to HMRC on this EBT, it’s whether we were obliged, under the player registration rules of UEFA and the SFA to include this payment in our player reg submissions to the SFA and whether we did so or not.
I do not believe for a minute that Celtic have a case to answer as I believe this was a severance arrangement (as postulated by gerryg) however the implication by the BBC leads to questions being raised. Celtic could put this to bed easily with a simple statement outlining the EBT was not related to playing activities and therefore did not require disclosure.
Further silence allows the media to speculate and takes the sole focus from Rangers (IA).
Tombola
From recollection, did the fat goalie claim only to earning £1,000 a week , when either fined or during a divorce. No interest in that fat fud , but may just show that they have been at continually during SDM’s watch.
How far back can HMRC go?
I think the key thing for non playing staff would be the timing of the payments and to track if there were any “events” that took place around that time that would benefit a certain club and it’s owner.
Sterling work Paul and kudos to Mr Daly and his team for getting this out into the mainstream of the country.
Oh and if the Dingwall piece is verbatim it really does sum up the attitude that has led them to this sorry state in the first instance. North British operation indeed. Gasbag of the first order.
Half Time Tombola on 24 May, 2012 at 13:23 said:
Was it not the case, that Celtic actually made him
Self employed after advice from Brian Quinn?
Paul 67
Having watched decisions against us since 1990 i have absolutely no doubt whatsoever of a larger scale referee story
The following statement has been released by the SFA:
voguepunter on 24 May, 2012 at 12:24 said:
Paul67 ,away you go and put your feet
****************
Wow sage advise from chief armchair Celt and remote control hunskelper Vogue punter himself.
Excellent advice from the wordsmith himself CSC
TAL
Hen1rk yes MIMTEC that takes me back aswell, a real lesson on how to treat your employees, deadful place
The following statement has been released by the SPL
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Leave aside the dual contracts for a minute, bearing in mind that players are, on average, less than needle sharp when it comes to things financial, I wouldn’t be surprised to find that some ranjurz players didn’t know what an EBT was or that an EBT had been agreed.
The question I would like to see asked is: how many agents negotiated payments/side letters; who ‘these people’ (c) FPLG, are; were any agents beneficiaries of MIM/RFC(ia) EBTs – given that agents are typically paid a percentage of deal. And finally, did the provision of a side letter depend on particular agent(s)?
Half Time Tombola
If Celtic comes out in denial it becomes a story. Right now it is merely a footnote to THE story.
Whats the update on Mr Green he has went very quiet?? Oh and when are wages due this month??
Great Stuff again Paul,
Is there anyway to force full disclosure of this fund? We all know how fond R@ngers are of transparancy so they wouldn’t object.
As for Whyte’s pal Prince Albert’s Grand Dad was selected to row for the USofA but the good folk of Henley wouldn’t let him row as he wisnea posh enuff.
Half Time Tombola on 24 May, 2012 at 13:23
Are you joking ?
I reckon we would hope that the media focus solely on Juninhio’s EBT
Can only be good for us.
It is glaringly obvious that you are new to the EBT scenario and are completely unaware of the various EBT amnesties offered and administered by HMRC and the various levels of agreements and amnesties accepted by other clubs that eventually came to the HMRC negotiating table.
The huns flatly refused telling HMRC they were doing nothing wrong.
So can I STRONGLY suggest that you get on page.
WE SHOULD HOPE AND PRAY THAT THE MSM STICK TO JUNINHIO
HAil Hail