Finally David Murray has come and and made a very good statement. Not that this will prevent vindictive and jealous factions in the SpL. We know who you are and your reasons . Spite. Bitterness. Jealousy. And Bigotry.
The statement by Murray released below will serve to thwart any hopes Timothy had. Pity the Timothy
"In a statement released to Press Association Sport, Murray said: "During my stewardship of Rangers no rules were breached or circumvented and I reject and resent any suggestion that anything was done which amounted to cheating.
"As was required of a PLC, all accounts were fully audited and made available to all entitled parties. All football rules were complied with.
"All enquiries from entitled parties or organisations were answered.
"I cannot be anything other than angered at the suggestion Rangers should be stripped of titles or other competition victories."
On SPL rules, Murray - who sold his majority shareholding to Craig Whyte for £1 in May 2011 - claimed there are "efforts to retrospectively rewrite laws to incorporate items not previously covered".
He added: "The SPL rules variously required disclosure of all contract of service matters and all payments from a club to a player.
"It would now appear that these are to be rewritten to incorporate non-contractual loans from independent third parties and other non-contractual matters.
"If this is the case then press comment over the past few years would appear to indicate that several clubs other than Rangers may well have fallen foul of the soon-to-be-changed historic laws.
"It would also appear that the SPL is once again seeking to invest itself with a power of retrospective penalty beyond that prescribed in its own rules."
Murray also moved to clarify Rangers' use of EBTs.
The club is awaiting the first tier tribunal's verdict on the 'big' tax case, which could result in a tax bill of £49million if Rangers lose the dispute with HMRC.
Murray said: "Much has been said and written about EBTs. It should be noted that the tax treatment of these is an issue as yet unresolved and it is wrong to prejudge the outcome.
"There was no contractual or beneficial entitlement to the funds on the part of any individual and the monies paid to EBTs were not "remuneration" in terms of any rules applying to the club.
"Since 2001 when the EBT scheme was introduced, the amounts contributed were disclosed in the audited financial statements of the club. These audited accounts were provided to the SFA and SPL as required.
"As the law stands, it is the right of every tax payer to minimise his tax liability.
"Tax AVOIDANCE is a right. It is tax EVASION which is a crime."
David Murray tellin the SPL tae shove it ..
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posted on 7/8/12
Murray doesn't do bad news, he sold the club to whyte to do the job that's now been done, murrays duped the fans for years, court cases not reported in the press etc.
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posted on 7/8/12
the First Tier Tribunal (Tax) managed to complete two weeks of sitting in October / November 2010 without meriting a mention in the mainstream media.
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posted on 7/8/12
Where exactly was this widely reported?
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posted on 7/8/12
Give me a link to a report from Nov 2010.
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posted on 7/8/12
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By the way, if they didn't pay their taxes, whose to say that they didn't cheat on player payments? Let the investigators do their job! The truth will eventually come out
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Hey curly,
It wasn't me who found Rangers guilty, I believe it was the SFA/SPL. If they didn't do something illegal then why are they in Division. 3???? I really don't know what Celtic has to do with this!
Wake up and smell the coffee!