The report on Rangers on tonight’s Channel 4 News by Alex Thomson put meat on the bones of what has been going on at Rangers over the last decade or more. Former chief executive, Martin Bain, was revealed to have written to then-chairman, John McClelland, in late 2003 asking that his pay rise is paid through the club’s Employee Benefit Trust, which is not subject to Income Tax or National Insurance.
Bain goes on to make a sinister note to McClelland, “at the end of the meeting I gave her back the letter addressed to me from you that stated my contractual increase for her to shred.”
Shredding documents? Oh dear.
Bain declined to answer questions from Channel 4 but yesterday offered to drop his contractual claim against the club, suggesting his issue was with Rangers new owner, Craig Whyte. It was the most self-serving drivel I have read in a while.
If this was how he behaved as Rangers chief executive Whyte was right to suspend him last year. How Bain had the front to pursue Rangers for over £1m knowing the consequences of his letters to John McClelland beggars belief.
I wonder how HMRC view instructions to shred documents that could inform a view on a tax claim? These documents prove Rangers directors knew how EBTs worked, understood what they were doing and the consequences.
Paul Baxendale-Walker walked straight out of a Carry On movie to give a great cameo performance. In a couple of years some poor casting director is going to have to try to find actors to play Baxendale-Walker, Whyte, Bain, Paul Murray and Zsa Zsa himself. Could any actors do justice to these bizarre individuals?
I’d be interested in your suggestions. Zsa Zsa for Sir David is a given.
To read CQN Magazine go to the dedicated site the graphic below is just an overview.
Thanks to everyone who has bought a hard copy of issue 7. Order your copy for delivery by clicking on the link below for news and views from Celtic supporters.
Pay by card or Paypal.
628 Comments- Pages:
- «
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- ...
- 17
- »
West Wales Celt – Thank you, my Welsh bhoyo friend in Celtic.
Good link there too. I wasn’t a huge fan of Mr Hitchens but as an old hand of the GUU Dialectic Society I did absolutely respect his oratorical verisimilitude. (thumbsup)
Knoxy
God bless we Oscar and all of ye. I hope and pray the treatment works out as you hope and that you keep getting all the help you deserve.
One thing though, before he points it out himself. What were you doing fastening the last button on his waistcoat in the wedding picture? No, no, no. That’s sartorial sacrilege.
Well If the Dam has broken, we’re gonna have to
Put a Wetsuit On
…and yet, They would all see Neil Lennon painted as the bad guy of ‘scottish football’
Ally McCoist………….played by Rab Ha’ ( but only after he’s cut out the carbs for a wee while)
Special prayers for Stiliyan Petrov and his family too. What an awful thing to happen.
hamiltontim – You flatter me, sir. Any ostensible perspicaciousness on my part was entirely serendipitous. (thumbsup)
Grumpy old Tax Dodgers.
Eddi Lizzard as Whytey & Danny Devito as Minty.
In the mould of Matthau & lemmon- comedy about two old fiscal shirkers sharing an empty stadium in the tough South Govan Projects.
Paul67
Michael Crawford = Sir Minty
Chuckle brothers = Bain & Greig
Gregor Fisher(baldy man) = McClelland
David Jason & Nicholas Lyndhurst = Walter & Ally
Alan Partridge character = Craig Whyte.
Sorry to hear of Stan Petrovs illness, my prayers are for your health and recovery. Stan the man can beat this!
Stan YWNWA
Cracking article Paul.
Árd Macha
well made a point of buying my new top without the Tennant’s pish last Sept. Wore it for 4 games then disappeared.
Miss Prestonpans just found it in her room, that’s right £40 for three months ware………………………………………………
One day mi amigos, one day
http://www.youtube.com/watch?v=XWqHkGsYCB0&feature=related
Frankie Howerd is John Greig!
…………ohhh no, please!!
Good night & God Bless.
Sorry to tell everyone
FACTS currently are
CWHYTE owns the club or 85% of
Admin has no authority to sell C Whytes shares
All talk of buyers must have say so of CWHYTE
therefore if you really want the club talk to Craig no one else
Ignore the admin peeps go to the source the source CW will say naw
Baxendale- Walker= Keith Lemon
Shaggy from Scooby Doo as Graeme Spiers.
Scooby Doo from Scooby Doo as David Tanner.
I don’t know if it knew something that others didn’t but the old KTF site regularly implied that there was something not quite kosher about MB.
Pjbruce on 30 March, 2012 at 23:14 said:
Sorry to tell everyone
FACTS currently are
CWHYTE owns the club or 85% of
Admin has no authority to sell C Whytes shares
All talk of buyers must have say so of CWHYTE
therefore if you really want the club talk to Craig no one else
Ignore the admin peeps go to the source the source CW will say naw
+++++
I was wondering about this today and reckon that the only way they can force a sale is via liquidation, i.e., in order to obtain best possible outcome for creditors. Even so, we’re talking about the sale of assets as opposed to sale of the company, surely??
The wee ‘Kit’ man played by Marc Almond……..and siginging his signature song “Tainted Titles”……………
John Boyle for Baxendale-Walker.
O no, no missus
Titter ye not
EBT The Movie Starring
Alfred Hitchcock as John McClelland
Leonard Rossiter (Rigsby from Rising Damp) as Martin Bain
William Roache (Ken Barlow from Coronation St) as Richard Gough
Timothy Spall as Ally McCoist
Peter Mandelson breaking in a new career as Hugh Dallas
John Candy as Jim Traynor
Trevor Muirhead (on day release) as Hugh Keevins
Roy Cropper (Coronation St) as Dave King
Robert Duvall as Chick Young
Hugh Laurie as Graham Speirs
Stephen Fry as David Murray
sandy from crossroads as minty
Philvis:
Hitchins is cognitively advantaged but Gorgeous makes up for it with oratory and street fighting guile.
A good watch.
Nos da tovaritch…
Actually thought Baxkendale-Walker was going to be Donald Findlay with the pipe thing going on
Knoxy, saw that retweet from Victor earlier. Wee Oscar is a smart dude, im struggling with Twitter!! Some great pictures. Hope everything goes well mate.
SffS
ASonOfDan – Goodnight to you.
http://www.youtube.com/watch?v=3Wffhk60IPk (thumbsup)
philvisreturns on 30 March, 2012 at 22:58
Absolutely no doubting that.
Adversity is there for us all. The Lord does not put in front of us anything we can not overcome.
After two disappointing results
i hope whatever happens tomorrow
we have a great time on Sunday.
The Celtic Story goes on.
Thinking of Stan.
HH
Yon PBW guy is a ringer for Swiss Tony (not our one!)
Get well soon Stilian and Oscar.
philvisreturns on 30 March, 2012 at 22:55 said:
Philvis, I usually scroll by your posts, cause I’m getting old and i really can’t be arsed with people with seemingly no human compassion, but fair do’s, you appreciate the process. 56% of Bradford voters reject the establishment,. come Sunday, 100% of the inhbitants of Celtic Park will reject the Scottish establishment. People who care can change things. GBNL
West Wales Celt – I still enjoy seeing Gorgeous George’s molligation of the US Senate.
He made them look very silly indeed. (thumbsup)
Stanley Unwin as Gordon “The Explainer” Smith…..
Celtic_First on 30 March, 2012 at 23:06 said:
I was probably already at the bar mate. You may ask the wife!!! LOL
Auld Neil Lennon heid on 30 March, 2012 at 21:08 said:
Auldheid
Thanks so much for your efforts in keeping your fellow,but distant ,Tims,in the loop.
Much appreciated.
John Malkovich – Martin Bain
Albert Finney – John McLelland
Christopher Plummer – David Murray
Jonnah Hill – Ally McCoist
Regan, Doncaster,Duff and Duffer et all must be praying that the BTC hits very soon so they can pull the pin on that lot, otherwise theres gonna be some shifting on the seats when questions are asked, the longer the FTT keeps them waiting the better.