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Lock up game’s tax deviants

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By on CQN BLOG & Comments

The football industry is busy with its twice-a-year transfer jamboree this week but there will scarcely be a player, manager or executive in the country who isn’t daily checking on Harry Redknapp’s on-going court case into his alleged tax arrangements.

Harry, of course, is one of the game’s popular figures, everyone likes him, including me, but his evidence yesterday, that he’s been told “The problem with you is you’re named Harry and you have a cockney accent”, will have the nation pondering if he’s another victim of the systemic prejudice against white, wealthy, indigenous-named, senior and successful people from London.  There must surely be a support group he can join.

I’m sure Harry’s innocence will be established but the law and tax authorities are right to pursue any doubt that exists in the running of the game, without fear or favour.  Where appropriate, pursue the guilty through criminal, not just civil, courts.  Only then will the innocent be sure of a level playing field. Lock ‘Em Up, as a Cockney may observe.

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  5. RRC: on

    Tradition dictates…

     

     

    Allowing Tradition to dictate sometimes stifles growth

     

     

    Not all Traditions are good or wholesome

     

     

    You know like every new poster gets called a HUN,

     

    Really?

  7. kevin hughes on

    Panda, Bhoy 67 and Moonbeams. Thats 3 so far . Whats keeping the rest of you? Come on, lets get it all over with.

  8. benebhoy on

    Good evening bhoys , stuck offshore just now , can anyone post a link to clyde tonight please ?

     

     

    Hail Hail .

     

     

    Lennybhoy , any joy with Hibs tickets ?

  9. Panda Hands on

    RRC: says:

     

     

    26 January, 2012 at 20:19

     

     

    Lighten up buddy. See Kevins post @ 20.20 ,,,,, he was expecting it

     

     

    Are you a HUN :-))

  11. thebhoywithmcgraininhisside on

    I didn’t hear the radio & have idea what darryl said but my taking on the dual contract thing is as follows:

     

    As thing stand rangers are ok. They paid footballers wages as written in contracts given to sfa/spl. Players also received loans from offshore trust but these were not wages or contractual so sfa/spl did not have to know.

     

    Should the FTT find that these loans were in fact contractual & subject to nic & paye, then they become wages at the date of issue. As such they ought to have been declared to sfa/spl at the beginning of each season.

     

    They weren’t so I think these payments are against the rules & that the players may be ruled ineligible. And what happens when you play ineligible players in matches? Think Sion…

     

    Rangers may try & plead ignorance/ innocence in breaking the rules, however the existence of contemperaneous side letters confirming the contractual nature of ebt payments may make this argument too far fetched for even the sfa/spl to believe.

     

     

    Hail Hail!

  12. Tennessee Tim on

    @ Kevin Hughes – welcome to my daily addiction and living, breathing connection to Celtic.

     

     

    Oh, by the way — yer a HUN!

     

     

    TT

     

    HH

  14. pedrocaravanachio67 on

    welcome Kevin

     

     

    see you got the welcome question! I like you lurked for ages, now i add the occasional post but leave it mainley to the experts.

     

     

    Ceaser67 says:

     

     

    26 January, 2012 at 19:24

     

     

    Heinry gay? Who was the stoater beside him the other night?

     

     

    Dont know who the “stoater” WAS but del boy on clyde said, he knew for a fact that thierry couldn’t sleep at night because of his hand ball against ROI.

     

     

    PC67

  15. RRC: on

    Panda Hands

     

     

    I know…

     

     

    And,

     

     

    I have too much humility to be a HUN

     

    and, I am way too Handsome

     

     

    :-)

  18. mhaddog Is Mise Niall Lennon on

    Sounds to me like Darryl King confirmed on Clyde tonight that the Rangers players had a 2nd playing contract covering the ebt and not for image rights like he tried to claim.

  20. kevin hughes on

    I got the same welcome question when i joined celticminded/comeonthehoops. Seemed to last a wee while as well till Shamrockbhoy on there worked out who i was

  22. Celtic_First on

    Toohey’s New

     

     

    Sorry if I’ve picked you up wrong, but just in case.

     

     

    The EBT doesn’t replace your contract, it’s in addition to it. If your contract says you get £1m a year, that’s what you get. If you’ve told your employer that you’ll only do the job for £1.5m a year, the other 500k could come from the EBT. For the administrators to run the EBT without incurring the wrath of HMRC, those payments are not contracted salary payments, but a loan, nothing in writing, nudge, wink say no more.

     

     

    If a big fancy dan football star doesn’t like the sound of that, but wants some reassurance that it will be £1.5m he gets and not the £1m in the contract you have given him, you would have to work hard to convince him that all will be as he demands. If the only way a club can find to provide that reassurance is actually put in writing that it’s not really a loan and that he does not have to pay it back, it runs the risk of trouble if HMRC finds out.

     

     

    All hypothetical, of course.

  23. timbhoy2 on

    TERRY THE TAX MAN Time to put rangers tax case to bed , time some of of us got into our club regarding them opening the old school and get some decent eating places in there . no i dont want to give the bookies or the pub or the other wee cafes that are opening up around celtic park ,i want to spend my money on celtic. but that mob that run celtic are not interested in the ordinary fan.

  24. Tommy Joad on

    Kevin Hughes, glad to hear you are not the nasalist Shug.

     

     

    Let rip, give us your opinions.

     

     

    I demand to know your thoughts on Lawell, the songs debate, boycotting away grounds, Regan : friend or foe, what’s your opinion on the Willo window?, when was your first game, favourite player, your own playing credentials, do you have a season ticket, shareholder? Mo Bangura – gallus or rubbish, The Maestro or Murdoch?, in your eyes, is Strachan a legend, Sydney Tim ; glass half full or empty?

     

     

    I need answers by 11 bells Kevin otherwise I can only assume you are Keevins.

     

     

    Welcome ;)

     

     

    TJ

  25. RRC: on

    Gordon64

     

     

    Cheers.

     

     

    “Welcome to CQN, not only the best Celtic website, but one of the most engaging communities online,

     

    Are you a HUN?”

     

     

    :-)

  29. balhambhoy on

    Any Scottish sports reporter who has not read all of RTC’s posts is a fool of the highest. Any who claim never to have been on the RTC site is a big fat liar.

  31. Len Brennan on

    Just heard a wee rumour which is flying around various blogs that Jellylegs was a no show at training today at Slurry Park.

     

    Would appear their prize asset may have gone on strike!

     

     

    Anyone heard anything at all?

     

     

    If true would just be the icing on the cake. :oD

     

     

    HH

     

    /Bishop B

  32. twists n turns on

    Is Mr Murray still “Sir David”? Will he be stripped of his tainted title in parallel with his thieving club as they are stripped of their tainted titles? Will he occupy the same cell as Mr Piggott occupied? You may remember Lester, formerly Lester Piggott OBE before he was jailed for tax evasion and had his OBE title taken away?

  34. Celtic_First on

    timbhoy2 says:

     

    26 January, 2012 at 20:34

     

     

    TERRY THE TAX MAN Time to put rangers tax case to bed …

     

     

    You have got to be joking, mhan. That would be like sitting down one evening and watching the whole of The Godfather I and The Godfather II except the last ten minutes.

  36. ElDiegoBhoy on

    timbhoy2

     

     

    Instead of routinely posting on CQN your unhappiness about how the club is failing in so many ways why don’t you complain directly to those you are unhappy with and who can do something about your concerns.

     

     

    Bumping your gums on here won’t change anything.

     

     

    Is that too much to ask?

  37. bankiebhoy1 on

    Lads, please be careful of those pirate DVD’s……. just bought one from the market……..The Artist…………..awful quality……….

     

    Black and White and no sound!

     

     

    Ragin’.

  38. tooheys new on

    Celtic First

     

     

    you are correct and that is the garbled point I was trying to make.

     

     

    A player is signed by Egg Nog and trumpeted at £30,000 per week. An EBT would be ideal for the player as he is on a realtively short term contract and would receive the loan instead of salary. The requirement to repay the loan falls when the player/employee leaves the employ i.e. at the end of the contract.

     

     

    However, the £30k per week would not be in his contract. Only the amount that he was getting paid on his contract. I think you are being too generous and I would suggest that the bulk of his contract is paid by EBT. Lets guess £5k.

     

     

    The employment contract is then submitted to SFA. This either states:

     

     

    1. £30k and is incorrect and is unlikley as HMRC would have led as evidence.

     

     

    2. £5k and no one at SFA thinks to challenge that they are paying international footballers at below market rate. Not that there is anything intrinsically wrong with EBT (subject to court challenge – very alledgedly an individual that lives in a house in London with the number 11 on it benefited from such schemes a few years ago).

     

     

    Scheme blown apart, allegedley, by TFOD confirming in writing that at no point will the loan be repayable.

     

     

    Hope this makes more sense.

  40. Awe_Naw_No_Annoni_Oan_Anaw_Noo on

    Celtic first

     

     

    I thought you had burst into song there with dreadlock holiday ;-)

     

     

    HH

  41. Ceaser67 on

    Was me who asked the Q Terry was on abt tonight. Keevins flafftt about like a wally dugg when i asked him about the 2 contracts last week.

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