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Smith, the SFA, Everton and EBTs

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By on CQN BLOG & Comments

Walter Smith was not named by BBC’s Mark Daly as a recipient of an Employee Benefit Trust in the recent documentary, however, before this matter is put to bed I expect more names to emerge.  As soon as Smith makes himself available to a proper journalist he will be asked:

Did he receive EBT loan payments from Rangers?

If so:

Did he repay those loans or hold his cash while the club ran out of money and died?

Was he in receipt of a letter from Rangers confirming he was not required to repay?

Did his then employers, the Scottish FA, know he was perhaps receiving money from a member club while employed by them?

Are SFA employees contractually inhibited from taking payments from a member club or required to inform the SFA board of any payments received by a member club?

Did his earlier employers, Everton FC, know if he was receiving money from another club while employed by them?

Was Smith contractually inhibited from taking payments from another club or required to inform Everton of any payments received from another club?

As manager of Rangers, was he involved in negotiations with players who had EBTs or was he another one who concentrated on administrative and legislative duties?

Was he one of the men SFA president, Campbell Ogilvie, suggested failed to reveal side contracts to the Rangers board?

Rangers’ liquidators, BDO, will forensically pour over most of these questions, so Smith’s answers will be verifiable.

No one who played an active part in Rangers EBT scandal will come out of this clean.  The ramifications multiply if Rangers were discretely paying any senior employee of another club.

I simply cannot imagine the justification for a member club discretely paying a senior employee of the SFA.  Frankly, it would be beyond every Celtic fan’s most paranoid fantasies.  I am sure Mr Smith will quickly and easily be able to reassure everyone.

An interesting twist in Smith’s bid for the assets of Rangers is that if he is to inherit Green’s application for a SFA licence and take a controlling interest in the club, Green is obliged to do due diligence on Smith to determine if he is a Fit and Proper person.  Perhaps Mr Green can use the above as his due diligence questionnaire.

One final thought.  In the unlikely event that it is established that one senior SFA employee was receiving discrete payments from Rangers, we need an immediate and independent inquiry to establish how many others received such payments and what they were for.

As a matter of some urgency I would recommend Stewart Regan brings himself up to speed on this one. I am sure his president is banging the table as you read this insisting the chief executive gets to the bottom of this. It’s not as though he is heavily conflicted and the SFA is in dire need of an independent president to steady the ship.

My friends in Celtic, this just got interesting.

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  1. Neil canamalar Lennon hunskelper extrordinaire on

    Scotland now has the opportunity to rid itself of the shackles of imperial oppression

     

    Will Scotland oppose or promote bullying

  3. Cambpell Ogilvie on

    The Legend Johnny Doyle

     

     

    I can categorically state that I have never herded goats.

     

     

    I merely processed the contracts of those that faint without looking at the small print.

  4. petec on

    Any Ultimate Team Fifa 12 players out there?

     

     

    I have finally completed the best possible Celtic team and it plays like a dream, never been beaten online even against all Gold teams rated high 80s.

     

     

    Formation 4-3-2-1

     

     

    Fraser Forster 74 (in form)

     

     

    Cha 69 Wilson 71 Charlie 74 (2nd in form) Izzy 76

     

    Juarez 71 Beram 76 Joe Dedley 74

     

    Broonie 74 Gary Hooper (3rd in form) 85 Commons 75

     

     

    username is aidiebhoy2000

  15. estorilbhoy on

    !!Bada Bing!! on 16 June, 2012 at 00:31 said:

     

    Awe_Naw_No_Annoni_Oan_Anaw_Noo on 16 June, 2012 at 00:18 said:

     

    I play Thunder Road most days in the car,that and Born to Run always makes the hairs on the back of the neck stand up.He’s playing Sunderland and Manchester soon,would be a famous night.

     

     

    —–

     

     

    Ghuys,

     

     

    Was due to fly tonight to Madrid from Edinburgh airport to see the Boss on Sunday at Bernebau.

     

     

    Unfortunately my Mum has been in hospital and we got a call yesterday that things were not well. For obvious reasons did not travel today.

     

     

    Will miss concert but some things are just too important, even for the Boss.

     

     

    Mum still poorly and things not great. she my hero!!!

     

     

    Hail! Hail!

  20. notafanofSoAL on

    Paul67,

     

     

    Hope you had a wonderful night.

     

     

    This is a week where Knights have failed and not a time to praise any new Knights.

  23. Paul67 on

    Petec, it all seems so obvious now – how well we have been run, but what a difficult period it’s been. Still we’re still here to tell the story. :-)

     

     

    JimmyQuinnsBits, don’t ask me the pomagne story. Will never tell.

     

     

    Jane Field Street, you’re very welcome. Like the name, b.t.w.

     

     

    DJBEE, thank you for your kind words.

     

     

    GyEmerald, I sure am.

     

     

    The Singing Detective, given that THE Bard introduced/re-introduced the bulk of the good parts of our language, I agree. But did he ever reach the heights of ‘Astounded of forehead’?

     

     

    I rest my case.

     

     

    Bubbles getting to me now. In a nice way.

     

     

    Oh joy.

     

     

    Joy.

     

     

    We did it!

     

     

    notafanofSoAL, I sure did.

  29. Mountain_Bhoy is Neil Lennon on

    love the Lanterns stories tonight folks, absolutely outstanding, so symbolic, yet so down to earth humourous. Brilliant, if anyone ever asks me what Celtic is about, this is it. So much passion, so much humour, in the face of adversity from the ‘elements’.. as a great climbing(outdoorsman) book which had a big impact me on me growing up, states, ‘always a little further’ and as the old weekenders at Carbeth believed in ‘never let the fire go out’

     

     

    HH

  30. Paul67 on

    Bundoran Bhoy, to continue from my last comment, I can thoroughly endorse Mumm champagne. Sweet.

     

     

    What matters most, the taste of the moment?

     

     

    The moment, of course.

     

     

    Sweet.

  32. petec on

    Paul67 on 16 June, 2012 at 00:58

     

     

    Divide and Conquer has been their tactic constantly, it is what they will stick with.

     

     

    The fools have no idea how much they have Strengthened Celtic in the long run.

     

     

    I can’t remember who posted it but a comment was posted this week about the fact there was more people outside the Big Hoose slightly upset for Maurice signing than them going into Liquidation/Administration.

     

     

    ONE LOVE

  42. estorilbhoy on

    Ghuys,

     

     

    Many thanks for your thoughts and wishes much valued and appreciated.

     

     

    Her smile.

     

     

    Her dignity.

     

     

    Her politeness.

     

     

    Her modesty.

     

     

    Her eyes, her eyes, her eyes!!!

     

     

    Thanks.

     

     

    God bless!!

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