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. I see Big Victor now linked with Chelsea. No way we will keep him, but I will take £11 Million for him (Double the price of rangers)

  2. Estadio Nacional on

    Very good peice.

     

     

    When it comes to the recent (their last 20 years) rangers corruption that man s myth has always been there, he has got to have been involved in their cheating and tax dodging. Hope the dignified walter s myth is hung out to dry on this one.

  3. Shieldmuir Celtic on

    Paul 67

     

    Another interesting question which ‘Sir Walter’ should be asked, is – ‘What compensation-if any- did S.F.A. receive when you left them fo Rangers before your contract was completed?’ These questions should be sent to the S.F.A. as part of a ‘Fit and Proper Person ‘ enquiry.

  4. tommytwiststommyturns on

    And another thing….what happened to Whytey’s floating charge over the assets?!

     

     

    Asonofdan – Victor’s agent working overtime on this….we should nip it in the bud now.

     

     

    T4

  5. knoxy2000 eating Jelly and Ice Cream and supporting Neil Lennon on 15 June, 2012 at 12:44 said:

     

     

    Great stuff!

  6. You can add EH12 to the Lantern List – the east coast too has fire !!

     

     

    rubbingtwoboyscoutstogether csc

  7. ArranmoreBhoyLXV11 on

    HH..

     

     

    The paper hype is ridiculous.. Were the uglies liquidated yday??

     

     

    Were creditors stiffed for millions.. ??

     

     

    No shame from Scotland’s shame and press – no apologies no reflection.. All just Myth( if ever a man personified the Grubby Rankers he does) & Mc Coll the pump..

     

     

    That is WHY we should NEVER let them up.. This is their humility now, a day after liquidation.. God help us if they ever re emerge..

     

     

    When your enemy is down , pull the trigger. Don’t let them up..

     

     

    Mon the hoops…

  8. The guy has a point…

     

     

    Raith Rovers director Turnbull Hutton has questioned the morality of Dundee possibly replacing Rangers in the Scottish Premier League.

     

     

    Top flight clubs will vote in the coming weeks whether to allow a new company, which has purchased the assets of the Ibrox club, to inherit the member share required to participate in the SPL.

     

     

    If clubs do not vote at least 8-4 in favour, a vacancy will likely arise in the top division, a gap which could be plugged by the Dark Blues, who came second in last season’s First Division.

     

     

    Dundee exited administration for the second time in eight years in 2011 and Hutton has raised his objection to another “mismanaged” club being given a free pass into the SPL.

     

     

    “You now have the prospect of a team which has been in administration twice replacing a club going to the wall – don’t try and tell me the game in Scotland is fine,” Hutton said in the Herald.

     

     

    “Dundee did well to stay in the First Division but the bottom line is they paid six pence in a pound to all their creditors and cleared all their debts.

     

     

    “Other clubs could look to go down that route – take the hit and rebuild – but choose not to. Now Dundee will get the chance to replace another club which was mismanaged in the top flight.”

  9. knoxy2000 eating Jelly and Ice Cream and supporting Neil Lennon on 15 June, 2012 at 12:44 said:

     

     

    Magic!

     

     

    Right, off out in the cold and blustery conditions to find a lantern! Update later!

  10. aint Stivs on 15 June, 2012 at 10:07 said: Stivs on 15 June, 2012 at 09:42 said: Postcode update on Lantern lighting. G77, G71, PA7 , G69, PA8, G64, G67,

     

     

    ML3 , G72

     

     

    NN14

  11. Ordinary Bhoy on

    Please add G41 to the list. A wee bit o wind might take it to G42..now what’s there?

  12. the long wait is over on

    Shieldmuir Celtic on 15 June, 2012 at 12:48 said:

     

     

    —————-

     

     

    are you and me one and the same ?

     

     

    see my post of 1238.

     

     

    HH

     

     

    Peter

  13. Fantasma is Neil Lennon on

    AB22

     

    Look for the Northern Lights at 10…..

     

    can’t let you west coasters have ALL the fun.

  14. Postcode update on Lantern lighting.

     

     

    G77 X 2, G71, PA7 , G69, PA8, G64, G67, ML3 , G72 , NN14 , ML2, CH1, G44,

     

    G22 x 2, EH12, Dublin11, G43.

     

     

     

    share on F’book or Twitter

  15. Paul what will celtic football club do about Parks buses now, seeing we know that he is 1 of Smiths consortium trying to buy Rangers football club.

  16. Saint Stivs – G13 all set and ready to go. Prevailing wind might take it I-brokes way! Fly my babies, fly!

     

     

    Also G11 & G42 & lassie fae Giffnock confirmed.

     

    HH

  17. Ah we are back. Had a wee sojourn into RTC land while CQ was down and got caught up in discussions there.

     

     

    Craig Whyte? Has he gone? Or does he still have a role to play? I can’t believe that he will just walk quietly away.

     

     

    Ticketus? Stiffed for over £20M. Will they be content with talking legal action against Whyte? Or will they step back into the fray when Green and co start to sell season tickers for “The Rangers”?

     

     

    I think this all has a long way to go yet.

  18. Bhoys, Ghirls – lantern lighting needs very still conditions to be successful – otherwise you will most probably just set light to next-doors house – Fri, Sat evenings will be far too windy – Sun pm looks a much better bet

  19. Dontbrattbakkinanger on

    Bob Harris just played the Don Schlitz version of’ The Gambler’.

     

    A Hillbilly hymn with valuable lessons for any lurkin’ Hillbillies

     

    ‘You’ve got to know when to hold ’em…

  20. La14 can be added- lighting the sky while Rangers die…..

     

     

    For those who aint got them yet- Poundstrecher, pack of 5 for £3.99, mix of colours. Biodegradable and wire free.

  21. Patrick27 on 15 June, 2012 at 10:01 said:

     

    Italy star Rino Gattuso, who had expressed an interest in returning to Rangers, is poised to join Swiss club FC Sion. (Various)

     

     

    Has Rino got a thing for clubs that break FIFA rule?

     

     

    ——-

     

     

    Sevco paying for him to play for Sion so Sion don’t complain to UeFA about goings on at Govan??? Just sayin…….

  22. Sorry to go off topic……….

     

    Daily lurker on here bhoys and don’t post that often but needing a bit of info if you can. I’m lookng to buy new home and away strips for my wee fella’s football team for next season and i’m almost positive that the guys we’ve used in the past are h*ns…. Now i’d much rather give the business to someone i know to be of the same persuation as myself ;-)….. HELP HH

  23. SEASON 2012/13 will see the 125th Anniversary of Celtic FC, who have come a long way from a meeting in the relatively humble surroundings of St Mary’s Church Hall in the Calton in November 1887, to the global name they are today.

     

     

    From early success in their first ever match against Rangers – a 5-2 win on May 28, 1888 – through the European Cup triumph with the famous Lisbon Lions in 1967, the double winning Centenary team of 1988 among numerous others, the club has know many successes.

     

     

    Legendary figures such as club founder Brother Walfrid, Willie Maley (who spent over 50 years at the club as player and manager), European Cup-winning manager Jock Stein and local legend Tommy Burns, have come and gone during these years, but will never be forgotten in the hearts and minds of the faithful Celtic support.

     

     

    Now a new team of league-winning young Celts has been formed by Neil Lennon (who himself played over 300 games for the club) and they will be looking to emulate the many successes of the Celtic greats who have gone before them.

     

     

    Be part of the Celtic story in 2012/13 and give the club your support in this historical year!

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