The trickle of allegations that Rangers failed to properly register football players has turned into a flood. Today’s Daily Mail is the latest to run the story, with evidence from former Rangers director, Hugh Adam, that offshore payments to players “weren’t included in the contracts. They definitely weren’t.
“That was the whole point of them. If they’d been included in the contracts, they would have had to have paid tax on them”
“All the directors heard about them but didn’t take them seriously because they didn’t appear in the books.”
Mail reporter, John McGarry, writes, “Adam’s revelation suggests a clear breach of the SFA rulebook – and is a potential embarrassment to current SFA president Campbell Ogilvie, who had a 27-year association with Rangers, many of them spent as secretary.”
Despite being implicated in potentially the most serious scandal in the history of Scottish football, Ogilvie remains in place as SFA president and is one of the few who will be issued with the private report into Rangers, due next week.
Although it is thought Rangers started their Employee Benefit Trust in 2000, Adam told the Mail he believed a scheme paying players off-contract was in operation from the mid 1990s.
I would like to be the first to congratulate Motherwell FC for winning the Scottish League, Premier Division, in 1995.