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. Laird of the Smiles aka PMTYH on 16 June, 2012 at 08:48 said:

     

    Can I Have Raspberry On That on 16 June, 2012 at 08:45 said:

     

     

    I see you managed to escape the clutches of the Lantern Polis!

     

     

    share on F’book or Twitter

     

     

     

     

    They will never catch anyone driving that fast!!

     

     

    Wife not impressed though.

  2. philbhoy

     

    I haven`t read a `paper in years. My opinion is based on information gleaned from CQN which, admittedly, includes links to the aforementioned `papers.

     

     

    Ten Men

     

    Of course you are correct but if a team in blue called The Glasgow Rangers are playing at Ibrox next season backed by the same ugly mob as currently support them .with the same compliant referees and fawning media, has anything worthwhile really changed?

     

    JJ

  3. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS on

    MARAKESH EXPRESS 0754

     

     

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

     

    ~~~~~~~~~ ~~~~~~~~ ~~~~~~~~~~~

     

     

    So do the,mate-believe me. And it quite literally destroyed them!

  4. Big Mike

     

    Yes, I saw your post and posted in agreement. I didn`t know you had been called a Hun, though. Hopefully it was in jest.

     

    JJ

  5. …time for the record to dust off its “we want walter” campaign, again……….

     

     

     

    TrampTheDirtDown CSC

  6. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS on

    Philbhoy – It’s just the beginning! on 16 June, 2012 at 08:24 said:

     

     

     

    stairheed…….

     

     

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

     

     

    I think it was Taggart. The original one.

     

     

    Anyone confirm?

     

    ~~~~~~~~~~ ~~~~~~~~~~~ ~~~~~~~~~~~

     

     

    Dnno about TAGGART,but Fulton Mackay made a similar comment in A SENSE OF FREEDOM.

  7. Jungle Jim, I just cannot get excited about the situation at present. I want to see them severely punished.

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

    Bobby murdoch…….

     

     

    You are of course correct!

     

     

    My memory, as I’ve stated many times on here before, is not what it used to be.

     

     

    Ach, auld age…….

  9. For those a little despondent at the outcome of the Rangers story so far remember this: even if they get straight back into the SPL they need to assemble a team that costs at least 10M a season less to run, based on current ticket sales. I doubt those will remain as high so you’re realistically going to have to budget at 15M less.

     

     

    Debt free? If we sell Hoopers (I’m not saying we should) and replace him with Rodallega plus a couple of fringe players we’ll be debt free too.

     

     

    If they’re parachuted in I don’t expect them to come second. I wouldnt put money on a top 6 finish. What then for the oh so important Sky contract?

  10. Ten Men Won The League on 16 June, 2012 at 08:40 said:

     

    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’

     

     

    ###

     

     

     

    They’re not beaten until they think they’re beaten.

     

     

    If they start off again in whatever form, debt free, in the SPL not only will they not think they are beaten, they will think, with some justification, that so far as Scottish football and Scottish society generally are concerned they really are ra peepul.

  11. I enjoyed the lanterns, great craic, typical Celtic…..

     

     

    ….the ‘rockets’ however……………….

     

     

    :)

  12. JJ

     

     

    your perception is as they would have it

     

     

    reality …they have a stadium,a training ground, potentially some players …..but crucially no league to play in

     

     

    like having a lovely car but no petrol to run it

     

     

    until they get league registration they are nothing

     

     

    in any event their precious history has gone …you know , the one based on bigotry and cheating …

     

     

    also ..the worst is yet to come ..removal of titles , HMRC investigation , appelate SFA panel hearing not to mention the current parlous state of their finances

     

     

    your suspicions are well made …however the best is yet to come ..for now what has happened has been perfuctory and moderate

  13. ernie

     

     

    correct

     

     

    the very reason i`ll have no part of it if they get into the SPL

  14. ….PFayr on 16 June, 2012 at 09:02 said

     

     

    And what if they do get a league registration and go straight into the SPL, debt free and with McColl’s money to back them?

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

    JJ

     

     

    And don’t forget Barcabhoy’s “nuclear” prediction.

     

     

    That one is still to come.

  16. weeminger

     

    That is quite a realistic scenario but, like Big Mike, not one I can get overly enthusiatic about. A weak Ibrox side is still an Ibrox side. I would only celebrate if they truly ceased to exist IN ANY FORM AT ALL.What are the chances of that in Scotland?

     

     

    JJ

  17. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS on

    PHILBOY 0901

     

     

    I know what you mean-my memories from long ago remain as fresh and vivid as they ever did.

     

     

    It’s the recent ones that are the problem…..

  18. Which company of ethical standing – knowing that the vast majority of the Scottish populace do not accept Rangers (Deceased) bastard child as the very fabric of Scottish society – will be the first company (regadless of a nation’s wrath) to sponsor Zombie Huns F.C.?

  19. Given that Malcolm Murray is from Ayrshire & that SDM wanted to buy his all time favourite team and failed, might not SDM & Malcolm Murray be related.

  20. Whatever happens… please Celtic, please, never ever share a sponsors name with a shower like that again.

     

     

    You can be guilty by association.

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

    Bobby Murdoch’s…..

     

     

    I know what you mean.

     

     

    I blame the red wine.

  22. I thought Walter Smith and the never ending EBT’s were Barcabhoy’s “nuclear” prediction.

     

     

    Is there more to come?

     

     

    How criminal can it get?

  23. KITALBA

     

     

    the sponsors you speak of will not be internatonal brands

     

     

    local huns see nothing wrong in them

  24. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS on

    PHILBOY,PF AYR,JUNGLE JIM.ERNIE LYNCH and BIG MIKE.

     

     

    PHASE ONE-LIQUIDATION

     

     

    PHASE TWO-NO SPL PLACE

     

     

    PHASE THREE-COURT CASES PREVENT A TEAM JOINING SFL

     

     

    PHASE FOUR-Too busy laughing to type now!

     

     

    They are gone,lads.

  25. Kitalba

     

     

    Barcabhoy spoke of an outstanding matter (unnamed ) which has significant implications of a criminal nature …he suggested those involved will be very concerned

  26. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS on

    pggtips2

     

     

    Every hun in Ayrshire is related-FACT!

  27. Morning all form a thems free North Ayrshire. Dreich as usual but bhoyd by the knowledge that they have gone, gone gone..

     

     

    By the bye, I hope that chump, Michael Kelly, never attempts to speak for us ever again. He was hopeless earlier in the year with another self proclaimed spokesperson for the Celtic support, Matt McGlone on the STV. But to say that we need thems in the SPL is a step far too far. Peter Lawwell is already on record as saying we don’t and it will soon be proved that the others don’t either.

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

    pggtips….

     

     

    Just think if sdm had in fact taken over Ayr United as originally planned.

     

     

    Oh, how sorry i would feel for all of those poor Ayr fans.

  29. PF

     

     

    Correct.

     

    It’s kept in-house.

     

     

    Hun-house rules.

     

     

    But we should never, ever do anything in any way, in any shape or form that associates us with them commercially.

  30. Philbhoy

     

     

    Ayr United wouldn’t have lasted 25 years with SDM at the helm. I’d have given them about 10 years tops.

     

     

    In 2012 there would’ve been a generation of fans from Ayr who wouldn’t have a team to watch.

  31. JJ

     

     

    a few months ago i would have agreed with you

     

     

    not so sure now ..anti hun sentiment is hardening ..i believe that DU,Aberdeen,CFC and Hibs are all defo anti ..St Mirren possibly…Hearts see an advantage ….they`ll struggle to get in

     

     

    the only true hun supporter is Johnston at Killie ..he has been an embarrassing whore , lifting his skirt as often as possible for their cause

     

     

    besides which internecine fighting could kill them before they get started

  32. See in the colombian press that Rodallega is about to sign for us on a free transfer. Am I the only one not too excited by that. I have seen quite a bit of him albeit only from MOTD highlights and I am slightly underwhelmed. His scoring record is also very average.

  33. bankiebhoy

     

     

    agreed

     

     

    promote our brand ….deminishing their`s …if they have one

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

    …Pfayr

     

     

    Does the newco have a “brand” at this stage in it’s embryonic ,err, days?