Smith, the SFA, Everton and EBTs

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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. Can someone explain to me why all the media are still calling they shower Glasgow Rangers, thought it was The Glasgow Rangers. Is it not official yet?

  2. Margaret McGill on

    tomthelennytim on 16 June, 2012 at 06:54 said:

     

     

    That would be Burley I guess and therefore falls into the category of ignorable ..next?

  3. Margaret McGill on

    Big Mike on 16 June, 2012 at 07:10 said:

     

    They’re huns!

     

    I’ll give you 3 guesses.

  4. Margaret McGill on

    ok …any other conceptual difficulties out there in Scotlandom when it comes to WTF? and hunnery?

     

    …3 guesses should cover it….

     

    laters

  5. I am NL in NZ Tauranga on

    Big Mike not The Glasgow Rangers just The rangers

     

     

    the redtops have been telling blatant lies for decades I wouldn’t expect that to change anytime soon. In the days of the now bankrupt and liquidated glasgow rangers the red tops lied to make it a sort of self fulfilling prophecy. I can understand why they felt untouchable until the day Hectors told them that they were tax payers like the rest of us.

  6. Mountblow tim on

    Good morning CQN from a wet hun free Clydebank

     

     

    Burley is like Traynor the two could be twins like

     

    Tweedledum and Tweedledee they go out their way to try and upset the Celtic support

     

     

    Ban them from Celtic Park

     

     

    Keep the Faith

     

     

    Hail Hail

  7. Margaret McGill on

    I am NL in NZ Tauranga on 16 June, 2012 at 07:33 said:

     

     

    But the taxes rangers arra peepil..why are you haverin?

     

    No remorse no guilt no crimes have been committed.

     

    There SFA masters will bail them out.

     

    What would Jesus do? Or more importantly what are Celtic gonna do…err vote I mean

  8. I am NL in NZ Tauranga on

    Mountblow two despicable tragic excuses of brown nose jobworths but banning them is a The way of doing things. Forgive them for they know not what they do. ok maybe a bit much but when we say we are an inclusive club means we need to resist the urge to behave like The (ms). Hail Hail.

  9. I am NL in NZ Tauranga on

    mags the (y) are out from under the rock so no where to hide. They have nowhere to go . nowhere to play , no players to kick a ball and the other SPL CE’s are waking up to the reality that the people who go through there turnstiles are not slaves to the machine. They will demand that their own clubs vote NO. The bored are playing this correclty like it or not. don’t fret yersel mags their teas oot.

  10. Morning all, despite the rain the air is still as fresh as it has ever been before. Wonder why? HH

  11. Marrakesh Express on

    Just a wee swatch at the DR online.

     

    The football comments section is huge and its loaded with huns in denial. You can almost feel their pain as they grasp at the history straw. For every post though, there’s a squad of tims shooting them down with facts and realities, and one-liners. The sooner they just get over it, the sooner the torture will end.

     

    Mind you, I still harp on about Lisbon….;-)

  12. Good morning from a very wet and windy East Kilbride.

     

     

    Travelling to Dumfries shortly in a rickety van as my daughter is moving house. Any local weather reports would be appreciated (he says, optimistically)

  13. Stairheedrammy on

    Jobo- I was there yesterday and it was dry but overcast- if its a current weather report your after- its pssin down in Greenock

  14. Philbhoy - It's just the beginning! on

    estorilbhoy

     

     

    Hope your Mum get’s well soon.

     

     

    They are so precious!

     

     

    Take care my friend!

     

     

    God bless.

  15. Philbhoy - It's just the beginning! on

    stairheed…….

     

     

    Someone told me, years ago, that it was always raining in Greenock.

     

     

    I think it was Taggart. The original one.

     

     

    Anyone confirm?

  16. Philbhoy - It's just the beginning! on

    Anyone else got the heating on?

     

     

    Is this really summertime?

  17. Philbhoy - It's just the beginning! on

    Lighting those lanterns last night must have been very tiring.

  18. A bit miffed that my lanterns did not arrive from Amazon.de but hopefully arrive today, for Sunday. PMSL at some of the comments last night especially the one about the the cucumber and the letterbox but for me quote of the night comes from “no apologist”, I went into fits of uncontrollable laughter, it may offend some liberal sensibilities:

     

     

    no apologists on 15 June, 2012 at 22:22 said:

     

    Wife in a ball of flames. Should I put her out? Or close the door and go back inside?

     

     

    Hail! Hail! PMTYH

  19. Philbhoy - It's just the beginning! on

    I see the Greek politician most likely to turn their economic situation around is called Antoni Samaras.

     

     

    Any relation?

     

     

    I wonder.

  20. northbhoy ... \o/ on

    Mornin CQNRs,

     

     

    the sun must be shining somewhere, certaily not here in a blustery, cold and very wet North Glasgow.

     

    Flaming June DOH.

     

     

    No Newcon here !

     

     

    Make the best of the day. Well done Paul hope you enjoyed the bottle of sparkly, well deserved bhoy.

     

     

    HH

  21. Morning,

     

     

    Let me get this straight, rangers get to vote if they stay in the SPL because their share has not went to another club but will not be included in the fixtures because they have NO share in the SPL.

     

     

    Doncaster making this up as he goes along.

  22. Philbhoy - It's just the beginning! on

    I see Paul67 was again ignored in the honours list.

     

     

    Shocking.

  23. I am reposting this because I am keen to be shown to be wrong.If the point is simply uninteresting, fine but if no one has replied because the answer is uncomfortable, then I remain worried. I am not being intentionally negative but unlike nearly everyone else on here, I seem to be missing just what I should be joyful about. As far as I can see, Rangers still exist, weaker but with all their horrible trappings and only the name has changed. Anyway, here is the post:

     

     

    “Malcolm Murray said this:

     

    ““I believe he will be the manager of Rangers next season and we have to make the effort to make that happen. It’s what every fan wants. ”

     

    Quite obviosly, the MSM will never challenge the fact that Rangers no longer exist. Equally obvious is that the fact of their demise is being ignored in the sense that the New Company is being seen 100% as Rangers. That New Company will be afforded the same preferential treatment from the Establishment. What, exactly, have we won and what have They lost?

     

    I know circumstances are different in the following cases but Third Lanark have gone; Leeds, Airdrie and Rangers have not. I wish that were not true in the case of the latter but for the life of me I cannot believe that we are truly rid of them.”

     

     

    JJ

  24. Philbhoy - It's just the beginning! on

    JJ

     

     

    You should stop reading the papers mate.

     

     

    Seriously.

  25. Jungle Jim@08:34

     

     

    ‘As far as I can see, Rangers still exist, weaker but with all their horrible trappings and only the name has changed’

     

     

    Incorrect. It is a NewCo with no history and as of today does not have a licence to play football at all next season

  26. Bleating, stupid Huns…

     

     

    “We’ve had giant punishments already – a

     

    European ban, a 10-point deduction, the

     

    emotional trauma everyone has suffered. I

     

    think, for the good of Scottish football, it’s

     

    much better Rangers in the SPL.”

  27. SmashingMilkBottles on

    Lantern Lighting

     

     

    Went out into the pissin rain at 10 last night with 31003 to light our lanterns.

     

     

    31003 wouldn’t let his go. He said he wanted a hudgie tae look doon on G77 in all it’s glory. I went back into the pub leaving him running about in a field. He was shouting “Fly my child…..fly”

     

     

    MaryPoppinsCSC

  28. Interesting little chat last night with a friend

     

     

    Seems as though WalterEBT + the Phoenix Knights are away to lick their wounds and decide on their next move. With nothing imminent on that front, hence why Sleekit Sally crawled back to ol’ Charlie. Naismith, Lafferty, Davis, Goain, Edu, Bocanegra + Whittaker will all “walk away” and not transfer across to NewCo. McGregor would do likewise if only he could find a club interested in him at this point

     

     

    A comical few weeks ahead methinks

  29. Civil war in hunland, they love their marching…

     

     

    Sponsors are beginning to pull out of

     

    Rangers in support of Walter Smith’s bid

     

    to buy control from Charles Green.

     

     

    As well as refusing to renew season tickets,

     

    Rangers fans are planning a march and rally on Saturday, June 23, in support of the

     

    consortium fronted by Smith, the two-time

     

    manager of Rangers who would become

     

    chairman if they successfully complete their proposed takeover.

  30. A friend of mine sent this e-mail to ESPN.

     

     

    I intend doing the same. let’s all join in.

     

     

    Dear Sirs,

     

     

    I recently suspended my ESPN subscription for the close season, but did intend to renew it when the season opens.

     

     

    However, if I find that Craig Burley is still the co-commentator I will not be renewing.

     

     

    Apart from the fact that I consider much of his comments absolutely trite, there is no doubt that he has an anti Celtic agenda, with a plethora of negative remarks about them. This feeling is shared by many Celtic supporters.

     

     

    Get somebody else and I will renew. I intend to post this comment on Celtic Quick News and urge others to follow me.

  31. Jungle Jim I agree and commented as such last night to be informed that I was a Hun. To me there is damn all different excepting they have less debt now.

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