Graeme Souness today told a Daily Record reporter that he received his EBT LOAN from Rangers because:
“I was doing work for Rangers.
“I was in between jobs. I was going to scout for Glasgow Rangers at that time”.
Payment in return for “doing work” is what this whole business is all about. Payment for “doing work” is taxable. It cannot be remunerated via a non-repayable loan.
Mr Souness was manager of Blackburn Rovers from 14 March 2000 until 6 September 2004.
As Blackburn manager, he signed Tugay from Rangers on 17 May 2001. He requested £30,000 from the Rangers EBT scheme five weeks later.
“In between jobs” Really? These dates make that an interesting claim.