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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St. Ambrose bhoys?
Whatever happened with Edinho,the Portuguese/Brazilian who came over to Lennoxtown for a trial a couple of weeks ago ?
THE KING VIC 67* says:
26 February, 2012 at 17:34
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
Alan Smith age19
Youth internationlist for the Republic.
May have been some way back im not 100% sure
My dear,dear,dear,friend.. Philbhoy
Hiya,pal?
Am am being serious.. for a Moment.. jist a moment..
it is awe Ah kin spare.. as
Ah am enjoying Masel, Mucho immensely.. indulgin’ in Ma Ruminations. concerning.. the heaping Spoonful o’ Bathos. .. which the G.A. hiv been
forced tae Swally!
Therefore,
Seriously,
Did Mr. Dalglish. actually Pay.. Newcastle..
THIRTY FIVE MILLION POUNDS fur .. Carroll?
Are you sure, Liverpool, really paid such a Ridikilous Sum o Money fur sich a
HADDIE…
and mair tae the Point..
and….
Mr. Dalglish is Stlll Gainfully Employed by Liverpool?
Geezo..
Noo, Ah kin see Why.. Sae Miny Insane Asylums are Going oota Business..
fur…
Awe the Former Inmates.. are NOO… Running Fitba’ Clubs!
Kojo.
yer pal..who likes ye aloater
Is there a Euro place up for grabs for the winner between Cardiff and pool?
Are Cardiff eligible if they win?
vale bhoy says:
26 February, 2012 at 18:35
He went to St Ambrose in Coatbridge as did I, he was in my considerably younger sisters class.
She is a very special girl in many ways.
Malky’s Gran taught me in St Bridget’s primary, no offence but whit a bloody woman that was.
Gotta Go oot..
See You folks..
Kojo
Still.. Laughin’
Kojo
£35.000,000 exactly!
Gerrard misses!
Stevie Gerard misses first penalty
Some save son
Paddy Gallagher
Ta.
keeper saves Misses …misses
KMisser up to take cardiffs penalty AND misses
Misser misses too
get it up ye coconut head
Coo’s erse eludes Misser’s banjo once again
misses=misser
Adam hits the moon
Robert Tressell
Got that SFA letter done yet???
Oh God Charlie Adam trys for a conversion..hun
Charlie Adam hits the moon
Get it up you tombstone teeth
sebo sebo
Don Cowie SCORES
Rangers standard there!
Cowie scores
Aye he’s a big game player ole Kenny…
Charlie Adams penalty just sighted on Americas Space Command Centre heading into orbit
Cardiff miss again
2-1 pool
quite exciting
When I saw all they boys in blue taking so many penalties I thought it was a Rangers game!
Whitingham scores to make it 2-2
2-1 Liverpool,
Now 2-2
Glenn Johnson
Scores
All on this last kick
3-2 pool
last cardiff pen
Gerrard’s cousin misses
Cardiff Miss
Liverpool win 3-2
Cardiff really blew it on the penalties there
Poor, poor penalties by cardiff.
Shame!
Huns and penalties just dont go
POOP POOL won!
Really gutsy performance from Cardiff, they deserve a lot of credit for that.
T4