More evidence emerged today on how Rangers recompensed players through their Employee Benefit Trust (EBT) scheme in The Sun newspaper, who have a draft contract Rangers offered an unnamed player. The contract was a letter confirming a six figure payment as well as a £1200 per game appearance bonus.
An accountant told Sun reporters Paul Thornton and Ewing Grahame:
“I have been shown a contract of employment showing how much money players were going to get but also a back letter which I presume that individual has assumed is part of his salary. It seems like a contract.
“If the two documents are handed to someone together, is that seen as being his overall package? If the answer to that is yes then there is a problem because the money that goes into the trust really should be getting taxed because it is his salary.
“The fact it is there as a back letter at all suggests it is dodgy.”
Attention is obviously drawn to the potential criminal consequences of these tax arrangements but football fans throughout the country will be alarmed that Campbell Ogilvie, the man who was general secretary and director of Rangers when the EBT scheme started, is currently president of the SFA and would have been involved in scoping out the secret remit of the SFA inquiry into Rangers, which was asked to report within an incredibly quick two week period. Ogilvie is also one of the few men the inquiry will report to.
If the allegations in today’s Sun are accurate, Rangers have improperly registered football players for a period of around a decade. The penalty for playing an improperly registered footballer in any game is a 3-0 forfeit.
When the SFA president is in a position to confirm all of this, the association have all information they require to make a ruling on this, but despite these allegations being widely reported for many months, they have yet to even acknowledge there is anything to investigate.
Can you imagine the scrutiny the Football Association in England’s board and chief executive would be exposed to if this scandal was not being actioned?
Issue six of CQN Magazine, the Fit and Proper edition, is set to become a landmark collectors item. You can browse the magazine online here but you can buy your own hard copy by clicking on the link below. Read with 20-20 vision…..
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ibleedgreenandwhite1 says:
26 February, 2012 at 16:39
I can see a split. Once the institution is dead, the fight for the “soul” of Rangers will begin (if Beelzebub will sell it back, that is).
Whoever owns the fixtures and fittings will be in a strong position to claim to be a reincarnation of Rangers, but what if they don’t appeal to the baser elements? There’ll also be a few who won’t be fooled into thinking that it is anything other than a completely new club.
There’s also bound to be a lot of manoeuvering for position amongst the various Peepil’s Front of Judea and Judean Peepil’s Front organisations (Mingwall etc) wanting to be seen as the carriers of the torch.
It’s all good!
RalphWaldoEllison-is Neil Lennon Season 2011-12 says:
26 February, 2012 at 16:51
Excellent post.
Tonys call to jabbabba!! lol I hope.
http://www.mixcloud.com/martin-farquarson/tonyyour-call-re-ebts-and-two-contracts/?utm_source=redirect&utm_medium=shorturl&utm_campaign=cloudcast
Sir Paul
Here is whit Ah think..
The Administrators Joab.. is Tae Keep the G.A.s Heid.. above Waater.
Right?
And
We hiv bin Informed.. by… Whytie.. that
His Club is Bleeding,like a .. well.. Pig.. and Ah am no the least Surprised. as They UR a Bunch o’.. well… Pigs!
and thid Blood-Letting is tae the Extent o’…
Ten Million Pounds o Dolly Mixtures. per Annum…
Right?
so
If,as Ah hiv already Pointed oot..
The Administrators..in order the.. “keep the Club Afloat”
much staunch the Flow…
Therefore…
it follows, as sure as Cat’s Luv Catnip.. and. Ah dinna blame them fur that.. As Ah Dae.. as weel…( If ye hiv
nevah tasted it…then don’t Knock it!}
That..
The G.A. Expense Column must be trimmed
and… tae the extent.. o’
Ten Million Packets o Smith’s.. per Annum.
Oan second Thoughts….Mebbe no as Much,as THAT….
but..
The G.A. Must Cease and Desist Living sae high oan the Hog…
and Start tae Eat, Mair Sensibly..
So..
Ah fully expect .Next week..or.. This Week ,tae be technical aboot it.. Sunday,being the Foist day..o the week. Ah wus jist, reminded of, by Tuesday Gal..
Then..
Then, The Administrators,wull get Busy.. and..
wull be Issuing a Goodly Number of ..”PINK SLIPS”.
And, if yer dinna know. whit. “Pink Slips”..Ur..
Ah kin tell you that they hiv nothing tae tae wi.. Ladies’ Underwear.!
Fur ,Ah hiv hid quite a Few.. Doled oot tae Me..in My travels thru Life..
and
Ah didnae enjoy those Experiences.. wan Bit!
Yep.. the Administrators,wull be wielding the Axe…
and Noble Heids wull Fa’..alang, of course… wi’
a Fair Number o’… Ignoble wan’s ,as Well!
Nae Question.
Kojo
Still Laughin’
What’s all the talik of religion? I don’t understand….really I don’t. All my life I’ve believed in Celtic’s Internationalism. Anything else is maintaining misery. Those who do not learn from history are doomed to repeat it.
Our Club’s history is magnificent and is there to be referred to & remembered. All else is redundant. We live in the here and now. It’s one of the things that sets us apart from the nigh-on mediaeval Rankers & their narrow,bigoted,sectarian backward looking ideology.
coorslad says:
26 February, 2012 at 16:18
That was a reply to Tomthetim..forgot to paste..
share
Thanks for that. It all comes back to me now.
The point is, that the UEFA excuse about crossing borders, is a red herring ,as, if the case is strong enough, that rule can be bypassed.
It can surely be argued now, that the SFA have a record of acting against our well being and ,possibly, corruptly.
This has affected our business as a football club .
Also, we are operating in an environment which has been shown to be unsafe, both for our staff and our support.
I don’t think that UEFA will be sympathetic, but, I’m sure a case can be made for a safer, faired football environment.
I think the muted celebrations of Forrest and Hoops comes from Neil and the coaches telling the bhoys to focus and be professional, and show the Huns and their bedfellows the meaning of the word dignity.
Regan’s confirmation that the scope of the SFA investigation will include those “side” contracts, oh bhoy.
Means I can now sit back and look forward to my favourite outcome to this fiasco.
A decade of 3-0 defeats for them.
I could enjoy more torture but I’d happily settle for this as our “pound of flesh”.
Liquidation being a given.
pigalle
Paul67
I fear you are reading too much into the second contract.
Do you have any information to confirm that it was not passed on to the SFA?
It could have been registered as a second sheet of the main contract.
The SFA would not have been worried regarding the tax implications – not their issue.
Closer to home how was SN’s financial arrangements arranged regarding disclosure to the SFA?
What is the custom and practice relating to “image rights” and disclosure to the SFA / SPL or EPL / FA?
Lafferty not injured. If he plays thems owe Burnley 200k!!
MadMitch says:
26 February, 2012 at 17:03
That’s true, but it doesn’t address the problem of Campbell Ogilvie, who DID know the tax implications, being the person to whom the inquiry is to report.
Jeg er Neil Lennon-Greeninbingley says:
26 February, 2012 at 17:01
It could also be not to pick up any yellow cards from trigger happy referees!!
Oglach
The Holy Ground is neither a rebel song or hymn
http://www.youtube.com/watch?v=riMZ3gtJo-o&feature=youtube_gdata_player
Liverbirds 1 Bluebirds 1
Liverpool equalise. It’s been coming.
Jobo
BOBBY MURDOCH’S CURLED-UP WINKLEPICKERS says:
26 February, 2012 at 15:14
OGLACH 1449 etc
I noticed a few weeks ago that you dropped the suffix UFB from your moniker.
Now I see why.
————–
BOBBY MURDOCH’S CURLED-UP WINKLEPICKERS Well you’re a right wee pedant aren’t you? If you are so particular about monikers and suffixes why didn’t you mention that the addition of the UFB was for a very short period and in relation to a matter pertaining to the demonization of Irish Republicans and the SNPs ‘ even up the score law’.
What has my not saying that neither Catholic hymns nor indeed Irish Nationalist songs should be heard at CP had to do with this? It seems I have upset the old rosary bead rattlers somewhat.
Kojo
You’re never that gullible – certainly not to your own logic??
How many administrations have you witnessed that dilly dallied around making savings?
Pretty plain to me where you can secure funds to ensure running costs.
When you’re all hats and no cattle – surely you remove the hats and set about securing yourself some steers?
Surely?
u
Oh,The Songs,The Songs…
We have many hymns in common with the Protestant Congregation.
Whatever happened to ecumenism,especially at a time when Our Glorious Christian Heritage is daily coming under increased pressure in our enchanted Sceptred Isles…..?
Where is Arthur ? Where slumbers Merlin ?
Gie Us Back Our Stolen Titles
67Heaven … I am Neil Lennon..!!..OUR DAY HAS COME. says:
26 February, 2012 at 17:19
Oglach
The Holy Ground is neither a rebel song or hymn
———————————-
FFS i didn’t say it was either – i never mentioned that bloody song apart from to state that fact.
MadMitch
the second contract is with a 3rd party , that is the football problem.
Dignity cannot argue to HMRC that the trustees are independent , and then argue to the SFA that they are in fact part of the club.
Dignity is holed below the water, emergency pumping going on!
Big George is the business when talking about Salmon.
The flag routine is taxing
By George Galloway on Feb 20, 12 (from the record)
Wasn’t it funny to see separatist leader Alex Salmond wrapping himself up in the Union Jack last week with his warm embrace of the “institution” that is Glasgow Rangers?
Salmond brought “weight to bear” on the HMRC (they must have felt that) to go easy on the club, as did the more predictable David Cameron on his Cooks Tour to Edinburgh Castle.
Of course, Eck may have an interest, being a Hearts fan – once defined as being a bigot without the bus fare to Glasgow. They have their own problems with the Revenue.
Perhaps the two clubs could merge, Heart of Midlothian Rangers Club, or HMRC for short.
Once upon a time, political pressure on the taxman was inconceivable in Britain, more an American thing.
Nowadays, I’m not so sure……
While trawling on the net I found this photo (from the record..I Know)
Any comments on this?
St M’s @ 17.18
I think there a number of questions regarding financial oversight that need to be answered by the SFA.
However the EBT issue with the SFA needs more explanation but it is not at the moment the smoking gun some suggest.
We need to be careful about throwing about accusations based on hope.
There are enough issues at the moment out in the open and these need to be the focus.
At times like this we can play no part in the demise of the TFOD. They do not need our help at times like this.
However we can gather evidence straight from the mouths of others and bide our time.
It will come.
This is the biggest scandal to ever hit world football
There must be a full independent transparent inquiry
We need to know all about the way RFC was run under the Murray regime
So many questions need answered
Did the Wee Tax Case not relate to earlier than 2000?
Who knew about the EBTs?
What players were involved?
What role did the SFA play?
When this is all added to the current hun woes about CW and who might own Ibrokes and MP – then it seems that the possibility of RFC not playing in any league nextseason must get stronger by the day!
HH
Can anyone tell me how many Republic of Ireland players rANGERs have actually signed in their history???
I have reason to beleive it is a mere 1???
Thanks in advance
happy with all things celtic at the minute, we have got many young talented players who will only get better as they get older. NL still has a lot of work ahead of him.
think its worth remembering hooper’s only recently turned 23 years old and he will have bad games from time to time, as he gets older this will decrease.
same applys to foster, thomas, mathews, ki, victor, mcgeugh, forrest, kayal, ledley, stokes, bangurra, juarez
guys like; sammy (wideleft), brown, k. wilson, charlie, izzy, commons, lustig and mccourt are a little older at 25 + years and should be showing consistancy
The squad needs trimmed back big time and NL will need to makes sure he keeps bringing in quality young players so that he can keep producing winning teams while our better players get sold on, hopefully no more than 1 or 2 per season
winning the league seems the easy bit, it the ablity to keep winning it thats the difficult part.
Never mind all this politicking,George…
When are we going to get “Dusty Springfield : The Musical…..?
Priorities,Saucer-lickin’ Palomine,Priorities…
2 Huns, 8 O** F*** games a season. 4 hun derbies and all the bear on bear carnage that would bring !!
Mick says:
26 February, 2012 at 17:29
there in lies the problem my bhoy . But what will be done about it . ANSWER . not a dam thing .As usual .
jimtim
Title clincher update.
After today’s result the picture becomes a little clearer-
The earliest the title can be clinched is 25th Mar at Ibrox.
For that to happen Celtic must beat Aberdeen next week and Rangers must drop points v either Hearts or Dundee Utd (or both). Even 2 defeats for the Huns will mean we need a draw at Ibrox.
Otherwise it’s on to the following weekend v St Johnstone.
Look at the names of involved in that “Mail” report of alleged links to English non-league minnows Banstead Athletic: Aidan and Wulstan Earley and Terry Malloy – I smell a Fenian conspiracy!
My dear,dear,dear,friend.. Ullyses McGhee
Hiya.. Pally..
Ah am only giein’ ye Ma Opinion.
And..
Ah must admit, that Ah hivnae Much experience wi.. How Administrators go, aboot
daeing whit..well. Whit , Adminstrators of a Debt Handicapped Enterprise..Dae,Dae.
So..
Ah am probably, acting like an Innocent Abroad.. and
am Being… wan o’ Ma Favourite Dessert Dishes … Naive..’
In believing…that Administrators.. actually. well.. Administrate!
It could Be the You are correct in your Evaluation of Ma Proposed Scenario.
Who knows..?
Bo, of course. Knows…He ayewiz Diz!
But, he is Too Fly,tae admit tae that.. and… It No TELLIN’!
Kojo
yer pal..who likes ye mair and mairer.
once the leagues won, do we blood in our youngsters and risk losing (but get them a few games, better for future) or keep playing older players to try to winn league by as much points as possible?
Misser misses the chance to win the cup
Typical.
Misser misses sitter!
What a nice position to be in ……
Thank you, NEIL
kenny Misser
An interesting special report that is on tomorrow
Taxman’s war on football – Sky Sports
I wonder how long Don Cowie has left on his contract……………
A good player.