Quote:
Originally Posted by Derek
Really? 
I think you'll find they didn't pay tax since Craig Whyte was in charge so less than a year. Before that they used a tax avoidance measure used by a large number of clubs (including Celtic)
They declared the use of EBTs in their annual accounts (unlike Celtic) so hardly getting subsidised by tax payers. |
Oh dear. Still trying to deflect.
It was the way that Rangers used the EBT scheme that made it tax evasion rather than avoidance. The Craig Whyte year wasn't enough to liquidate Rangers.
Celtic's use of the EBT scheme was to pay off one Player.... my understanding is that they declared this and on the advice of HMRC never used it again. The same advice was offered to David Murray.. it was ignored.
Again my understanding is that there was no side letters or dual contracts to pay off this player. If this isn't the case and Celtic are deemed to have broken the laws governing the game then I fully expect them to be punished.
The punishment should be changing the result of any games that involved that player to 3-0 defeats. If that results in Celtic being stripped of any titles or trophies then so be it.
If some teams are allowed to break the laws of the games, i.e. cheat, then it's no longer a sporting contest.