Quote:
Originally Posted by Derek
The Rangers EBTs were declared every year, never hidden, and the same schemes used by a large number of other teams in the UK.
Celtic didn't declare their use of it until HMRC started looking at Rangers when they scrabbled to get their house in order.
Well considering the 'independant' tribunal thats investigating them has numerous links to Celtic chief exec I'd imagine they will be punished regardless of them being innocent or guilty.
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scrambled (I assume) to get their house in order? One phone call to HMRC to clarify the position for the one EBT doesn't constitute a scramble in most people's eyes.
Rangers EBTs weren't declared as being contractual which is where the problem lies. EBTs can't be contractual or they're liable for tax.
In trying to evade tax they had the problem of hiding part of the contract from the football authorities.
Why the quotes around the word independent? Do you know who is on the tribunal?
If the EBTs (
Employee benefit trusts) were all above board why were ex-employees receiving large sums of dosh 10 years after they'd left Rangers employment? The normally publicity seeking Mr Souness seems to be very coy on answering questions on that one.
Does it not raise any concerns that at a time when Sounesss was the highly paid manager of an EPL club he ws also receiving money from Rangers EBT scheme?..... at a time when he is buying players from Rangers.
Surely as a trained law enforcement officer your eyebrow must have raised a little when this was revealed?