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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Hopefully the Walter Smith bid will continue to draw investors, sponsors, etc away from old Chuck Green.
Now I don’t know if Chuck Green is a spiteful man, but if it gets to the point that it is unsustainable for Chuck Green to run a football club he could always just sell up the assets to a property developer and make a nice tidy sum of a few million at the same time as giving the ungrateful supporters of ex-club a two finger salute.
It would be the right thing to do!
Vaultbhoy
Damn just woke her up, like a bear with a sore head in the mornings she is. Pardon the vocabulary. Could’nt help it just had to turn the Celtic Symphony up, you no the part. Love it. Today is going to be a Celtic Symphony of all their music. Mon the Hoop, God Bless Us!
Top of the morning to you all from a dreich Fife.
Respect to Percy vere for complaining to ESPN about Burley the snide. We shouldn’t simply accept the bias that we have had to put up with for years.
If this week has taught us anything it is that the times they are a-changing.
Not possible to do Chinese lanterns last night in the Dunfermline area, but respect to those who did manage.
I have a box of rockets in the loft and will send them out over the town on a suitable occasion, such as when the Huns are official pronounced dead, that is when the Liquidator is appointed and gives his/her first press conference.
Or I may save them for the Saturday night nearest the twelfth of July when all the weary bigots are wending their way to the local hostelries after a long day marching. The poor soul’s spirits would be low after a long day’s intimidation of the lieges and then, the skies light up with fireworks that celebrate the fact that their team is dead. And they know it?
Do such thoughts make me a bad person?
Maybe it would be better to keep my rockets for when (not if) we win the title next season. But is it legal to let off rockets in December?
screen
how many chances per match will a striker get at Wigan ?
besides which ….he played extremely well last season and his scoring was very reasonable for a striker playing at a relegation threatened club
Hun in work sporting red white n blue tie yesterday
Should you no have a black tie on?
No. We will always be rangers.
rangers are dead. What colours do newco play in?
It rangers.
No, rangers are deid. Over. No more.
It’s the same club, team and fans.
No, rangers are deid. Have newco won a single match? Do they even have a league to play in?
His reply I won’t type but reference to our greatest ever manager.
took my seat, shaking with rage which soon turned to pity for their bigotry n hatred is all they have and I’m content about how much they’re hurting.
PF
‘Scoddland’ and the MSM will try and keep the beast breathin’………….their livelihoods depend on it.
Celtic have played this perfectly.
Whatever we are doing behind the scenes……..we keep doing……….
They’ve gone, they know it…we know it………….
We shouldn’t be scared of ghosts.
….PFayr
Prior to Walter (the Scottish patriot, yeah him that put the call of the hun and the dollar before his country) being outed, I thought Barcabhoy alluded to further EBT revelations???
I thought Walter being paid by Rangers (Deceased) whilst not employedby them and not declaring it to the SFA nor the Taxman, was nuclear and illegal.
vaultbhoy
the huns will be in a spot of bother if they start a fight with Green …he has all the hall marks of a rapacious ,pernicious barsteward
they won`t get rid of him unless he want`s to go
Contrary to popular belief, McColl was not putting in as much as other members of WalterEBT’s consortium
He will not bankroll any signings etc. As soon as the NewCo is bought from Green (if at all), he will be offski
Oh, and the money will be paid back to him
Don’t believe the media hype
Vaultbhoy
Green could just put them into administration and walk away.
Does anyone know a good firm of admini……..
So, if there is anything in these Wattie EBT revelations then it would be good to know soon, before the Cardigan builds momentum.
Lots of hints from people, but nothing definite.
As Walter Mondale might have said… “Where’s the beef?”
People who thought Rangers were going to disappear all together must be smoking some weird stuff. Even Gretna still play.
On a brighter note I live in a Hun town,out in the pubs last night. They know the Rangers they all supported all there lives is finished. They also know I will never let them forget it and I’m loving it.
Get the FACTS out there, and let them set the agenda………..
Not the jeerleaders, not Ally, Jim’n’ Chic……. et al
bankiebhoy
the board have been perfect in their reticence thus far ….principally as the hun debacle re their insolvency etc has nothing to do with us
when the saga moves on to SPL registration then we must become involved
i`d be surprised and disappointed if we havent been working away with a few clubs to block the hun re-entry
I hope the huns don’t dominate the Blog today.
They’re HISTORY man!
Hugo Rodallega
‘Winger/Striker’
24 goals in 112 games ‘Wigan Athletic’s all-time leading English Premier League goalscorer.’
Age 26
Cost Wigan 4.5m, and available for free.
43 caps and 8 goals for Colombia.
Aye, ok then, we need more South Americans.
And we dont have enough Hugos, need more Hugos.
Incredible arrogance from Murray.
Newclub want into the SPL because of the emotional trauma?
Celtic hold the trump card in a open vote, and should negotiate with
the other SPL clubs on the basis that if New Club is in, Celtic are out.
No revenue from Celtic fans at away grounds total boycott.
No to New Club.
*Season Ticket Renewed CSC*
bsr
I agree with you about a total bhoycott.
However, you will need to tie Hamiltontim up, every second Saturday.
BSR
are you really that surprised
i`m not
feedthebhear
condescend to them using the moral high ground (if that`s not paradoxical)
no point in trying to reason with the monkeys
PF…
See, the thing is the MSM are waiting to hang this as an US v’s THEMS issue…….NOT Right V’s Wrong…..desperate to demonise Big Peter and once again marginalise and deride the legitimate views of Celtic – ( views probably shared by other Clubs supporters) .
Walt is their poster boy, wet dream, a hun totem to take us on and put us in our place.
We shouldn’t even turn up for that fight……………..
We won’t win that war……Not in Scoddland, when you have Shortbreads (the)ranjurs correspondent ‘Ally’ and Jeerleaders like Jim ‘n’ Chic.
IMO, all we can do is wait for the nuclear tipping point that Barca Bhoy talks about – I think walts revelation should be it, but if there aint sufficient brouhaha……….made of it……………..?
We’ll see.
You’ve probably seen this, I hadn’t.
From the herald today
Sponsors are beginning to pull out of Rangers in support of Walter Smith’s bid to buy control from Charles Green.
Oh it’s all going to get very ugly.
If the nuclear info does concern Walter. Then whoever is in control of its release should wait until his in place then release. There’ll be another meltdown. I’d like that.
PF
Not surprised, arrogance was their middle name before they died, and New Club with the help of MSM and the SFA will carry on as if nothing happened, even though we watched it happen, and they’ll never remove it.
I fear they’ll get into the SPL, if Celtic leave it to the other clubs, if they took their punishment by applying to a lower league, I’ll enjoy their absence, which might be more permanent than they think.
There are Ragers fans who acknowledge and accept that they should be playing in Division 3, at best.
MSM are the real enemy on the propaganda front, with regard to
where, and when they play again.
Jungle Jim
A wee song to get into your head. One all fans of all teams should take on for the new season when Newco are in town.
Note 1 – Cuff to be replaced by a more appropriate Verb when not on CQN.
Note 2 – Verse to be sung to tune of ‘One Nil to The Arsenal’.
Note 3 – Chorus to be sung to tune of ‘You’re Gonny Win Cuff (see Note 1) All’
‘Newco. You’ve Never Won
CuffAll’You’ve never won the Third Divi-i-sion
You’ve never won the Second Divi-i-sion.
You’ve never won the First Divi-i-sion.
You’ve never won the Premeir Divi-i-sion.
(chorus)
Newco. You’ve never won
CuffAllNewco. You’ve never won
CuffAllNewco. You’ve never won
CuffAllYou’ve never won the Glasgow Cup
You’ve never won the League Cup
You’ve never won the Scottish Cup
You’ve never won the S-P-L
(chorus)
Newco. You’ve never won
CuffAllNewco. You’ve never won
CuffAllNewco. You’ve never won
CuffAllJJ. Do you fancy getting a hold of a bairns keyboard, record yourself putting in a performance of this song and uploading to you tube for us. You’ll be a hit the world over.
MWD
Anyone else think that big Melberg could do a job for us?
I was well impressed with him last night.
It would be good to have a big no nonsense bearded defender again!
He seems to chip in with a few goals as well.
•-:¦:-•** -:¦:- sparkleghirl :¦:-.•**• -:¦:-• on 16 June, 2012 at 09:52 said:
This is the part of the MSM campaign to back the Cardigans. The Rangers fans didn’t do “putting their hands in their pockets” to save their club. Instead they tried bullying and it failed.
Now the Cardigans are trying the same failed tactics with the NewClub. Bullying. They will fail here too. Green and his funders are tough financial cookies. They won’t do walking away unless the price is right.
Does anyone know who pays the next round of players wages. As they still belong to the dead entity, will the money come from the £5.5M? You’d think Green would be in no hurry to get them registered with the flegling club, as then he’d have to pay them. No?
My boy sent this to viewerservices@itv.com
Dear sir/madam
Could you please inform Craig Burley, your co-commentator for Ukraine vs France 15/06/2012, that he did not see Yann M’Villa ‘pull the strings’ against Celtic in two games this season, as he claimed. M’Villa has only featured in one game against Celtic, during which Celtic soundly beat his team and M’Villa himself was sent off. Adding insult to inaccuracy, Mr Burley concluded that his ficticious anecdote was evidence of Sottish football’s low quality.
I’m not sure why Craig Burley felt the need to chastise Scottish football in a game that featured no players with any links to the game in this country, but to go to such lengths as to actually re-write history was unprofessional on his behalf.
I’m sure ITV is not in the habbit of allowing pundits to intentionally decieve viewers in order to attack clubs against which they hold a grudge, so I trust Mr Burley will be set straight on the difference between fantasy and reality.
Otherwise enjoying your coverage of Euro 2012.
Yours…
theweegreenman on 16 June, 2012 at 09:58 said:
“It would be good to have a big no nonsense bearded defender again!”
Did Glenda not have a beard last year? Or was that bum fluff?
Imagine waking up in the morning to realize you’re Craig Burley…
Heebeejeebees CSC
lochgoilhead bhoy on 16 June, 2012 at 09:59 said:
Oh, I know, I know.
And if Green can’t make money running the club because they won’t buy season tickets, then he’ll look to make his money elsewhere. And if Walter’s men aren’t prepared to stump up big bucks (and let’s face it, they weren’t before, so why now?) then he might just be tempted to sell to property developers. Mwahahahahaha
And all this without Walter’s nuclear fallout.
BTW the mail article claims that old legned Smith fronts one of THREE groups bidding to buy from Green. I am curious to know who the others are….
Aipple, well done, and congratulations on your nuptials.
your will now become the instruction video for these eejits over here who cant even get them lit.
————————————-
Aipple on 16 June, 2012 at 03:59 said:
Lanterns over Kentucky:
http://db.tt/r6VyLhBV
http://db.tt/hY9lwwG8
http://db.tt/MGF7FG6N
Will post again in AM, HH!
No surprise to see Richard Wilson of the Herald starting the LL campaign against Green. He used to be an uber Hun (when that club died, then Huns don’t exist anymore)
So one poxy sponsor pulls out. Wooooo! That will really make Green + Co sell up pronto
They are in for a big shock. Green is going nowhere until circa £20m crosses his investors palms
To those thousands who sang on ‘what’s it like to live in fear ?’
GOOD RIDDANCE
So, my car is booked for service on Monday at Parks of Hamilton.
Is this the ‘Dougie Park’ we keep hearing about? Walters mate.
What to do. Surely not a last minute cancellation.
Feed the bhear,
I have a similar colleague who is convinced the company is dead but the club lives on. I enjoy thoroughly correcting him but the best feeling is that they have yet to realise the full ramifications