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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I don’t see how newclub can be called The rankers, since as far as I know it should not be IN ANY WAY associated with a liquidated company.
Have I got this wrong?
If I haven’t why isn’t this being highlighted?
If I can find that dodgy store in Argyle Street then add PA24 to the list.
Watch out for news that Argyll Forrest park has gone up in smoke.
With the wind and rain as it is I can’t see lanterns floating above the skies of Fife tonight.
Will someone please tell ragers historian Robert McIlroy that no one wears
white socks with black shoes since Michael Jackson passed away.
Green Lantern (((((0)))))
Ordinarily it is an offence to use the name of a liquidated company but there are a couple of exceptions and one is if you buy the business and assets of a liquidated company you can use their name as your trading name and that is what Green is proposing to do. he has 28 days to formally declare this to the creditors.
Mort
Mort on 15 June, 2012 at 15:06 said:
Saint Stivs
Never you mind about your updates on postcodes, you need to add some predictions to the Kano Predictor comp. you are languishing in bottom place.
Mort
PS, add BT36 to your list, if I can get a lantern this evening i’ll set it off.
—————————————–
i am hopeless mate, as soon as celtic get put out the euro competition i lose interest
Will someone please tell ragers historian Robert McIlroy that
He is the scariest looking character I have seen in a long time.
jock steins celtic
terms of the sale of “business and assets” was confidential but most seem to believe that Green’s “Sevco 5088 Ltd” is now in possession of the fixed assets (i.e. Ibrox, Murray park etc) and goodwill and intellectual property of what was “The Rangers Football Club Plc”.
Mort
Big G, 14:56
I wouldn’t be so sure about that…
No lanterns in semi chem in airdrie,,,,,,,,,,,,,,,,,,,,,,,who else can i try ?????????????????
Can anyone give me a phone no for celtic Ticket office other than 0871 226 1888 (which is ticketmaster)
Been travelling with work over these last few monumental days – was able to catch up periodicaly but not to post. Joyous time that I thought I would never see. Pity my dad will not comprehend what is going on due to his alzheimer’s condition – but deep down inside he will be smiling. Thanks for introducing me to Celtic Park as a youngster – it is my duty now to make sure the heritage is being passed on. IThank God I was chosen to be allowed support a club with class, dignity and inclusiveness for all. HH and all enjoy the night sky lighting up tonight.
Saint Stivs
on second thoughts don’t do any more predictions, that way I can be guaranteed not to finish bottom.
Mort
Who else is lighting the skies in G44?
Mort
thanks. 5.5m seems cheap if he has the stadium. rent it to a football club for a million a year and you’ve a nice profit.
voguepunter on 15 June, 2012 at 15:07 said:
Will someone please tell ragers historian Robert McIlroy that no one wears
white socks with black shoes since Michael Jackson passed away.
——————————–
That guy was a CREEP! Did u hear when he was asked a question about orcs going to Div 3 for cheating, he ignored it and went on to say that Aberdeen `cheated’ when they didn’t get relegated (twice) due to promotion team not having the right stadia?
Hun-loon of the highest order.
ps I noticed a few pairs of brown brogues on show, never mind white socks!
Historian?
Archaeologist.
RG27…
Its happening down south too!
Yours in Celtic,
TB&F
G’day Celts, back on the laptop after having to bring it back to factory conditions……. I thought it was finito, dead, done in, expired, liquidated…. acer laptops are anything but ace.
HH
Mort on 15 June, 2012 at 15:09 said:
Intellectual property? There won’t have been much of that…
Paul67,
How long now will we have to wait?
—————————————————
Chris McLaughlin @BBCchrismclaug
#SPL investigation into possible dual contracts at #Rangers to be put on hold until there’s clarity over newco accountability. #BBCSport
————————————————–
Flying High in the old harymill tonight. 10pm kick-off.
Booze in lanterns in huns deid .
Add G20 to the list.
HH
Chris McLaughlin @BBCchrismclaug
#SPL investigation into possible dual contracts at #Rangers to be put on hold until there’s clarity over newco accountability. #BBCSport
Retweeted by Phil MacGiollaBhain
Here we go again…………………
Houl yer wheest on 15 June, 2012 at 15:10 said:
Can anyone give me a phone no for celtic Ticket office other than 0871 226 1888 (which is ticketmaster)
…………..
0141 554 4210 for the TO
0141 556 4600 for CP main reception
Gordon_J
I notice you have been posting in the last few days about the procedure for the transfer of share belonging to “Oldco”. I see the clean text for the new rules is now available and I have had a quick look at them.
In essence, I do not find the new rules much of an improvement. The transfer to the SPL can only take place if the SPL board request it. By implication this would suggest that it is the only method of transfer where there has been the appointment of an administrator. However, I feel much will depend on the attitude from the rest of the clubs as to the legitimacy of the transfer. There is certainly an argument that CG is not the operator of a club unless he has the players as part of any deal with D & P. The reality is that we are in new territory with this case and I would not rule out a botch to try and force through registration of “Newco”.
lochgoilhead bhoy
I bought them in shop across from Marks & Sparks next to Train Station entrance.
HH
You have the sensibilities of a sage Paul.
Well done on keeping us focused.
HH
re the Green Lantern event……. the weathers against us methinks.
I was gonnae go down the promenade tonight but its looking like heavy rain this evening…….. can we light up the sky when it gets dry?
St Stivs that question was for you :¬)
HH
gerry on 15 June, 2012 at 15:16 said:
Paul67,
How long now will we have to wait?
—————————————————
Chris McLaughlin @BBCchrismclaug
#SPL investigation into possible dual contracts at #Rangers to be put on hold until there’s clarity over newco accountability. #BBCSport
…………..
If that is the case Celtic need to bring up a no confidence motion on Doncaster! It has eff all to do with the new company (there is no new club yet)!
Why don’t the SPL chairmen tell ND they won’t be voting until they get clarity on dual contracts.
St Stivs tell you’re uncle Dunky to come int Vmhans hoose if hes passing and I’ll give him a lantern.
HH
What in God’s name does the uncertainty over Rangers 2012 new owners have to do with an investigation into dual contracts that was supposedly under way?
This is ludicrous and the SPL should be immediately hunted for this.
Add Louisville, Kentucky to the lantern lighting.
Double celebration here, liquidation and I’m getting married today, no chance I’ll ever forget the date!
HH all from a sunny KY.
greenjedi on 15 June, 2012 at 15:18 said:
Many thanks
There are at least 2 fence sitting Chairmen who are waiting to see what punishments are to be meted out to NewCo prior to a vote.
If it is now being said that NewCo may not be punished for OldCo then the already slim chance of being voted back in is gone.
Doncaster’s cowardice and procrastination is probably guaranteeing Division 3 for Sevco United.
Aipple
Congratulations and I hope the banjo player knows Hail Hail.
Is there a roll call of Lanterns?
If so there will be lanterns along the Fylde coast (Blackpool area) FY5.
HH
jock steins celtic at 15:13:
thanks. 5.5m seems cheap if he has the stadium. rent it to a football club for a million a year and you’ve a nice profit.
Indeed. There will be upkeep to perform in terms of rates, electric, heating bills etc but a tidy profit could be made.
When Landsdowne Road in Dublin was being redeveloped the FAI and Irish Rugby needed somewhere to stage their games. The GAA rented them Croke Park at a cost of €1m per game. Over 4 years the GAA made close to €40m from this arrangement.
Mort