unfortunately the spl have decided not to tell us how celtic have managed to administer the EBT scheme correctly.
why not explain this along with their statement yesterday?
if rangers had been cleared in this fashion then all hell would break loose!
shocking!
precedence now set!
posted on 13/9/12
Comment Deleted by Site Moderator
posted on 13/9/12
Problem with this story is that Celtic have confirmed the tax was not paid till years later. Basically until rangers started getting investigated.
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It may be shady and I'm sure Celtic knew they were avoiding tax but in this case it doesn't really break SFA rules.
Rangers are being investigate for several "top up" payments, this is totally different to a severance deal that will have been in his contract.
This was probably a case of tax avoidance as with Rangers but Celtic have repaid the amount due.
posted on 13/9/12
Spl now saying that harper McLeod only did some minor paperwork on the rangers case
Just last week they were saying harper McLeod were dealing with it all to see if gers had a case to answer. .
Something fishy going on here.
posted on 13/9/12
They also refuse to name who done the investigating in the celtuc case. Just saying 'office bearers'.
Makes you wonder why harper McLeod investigated rangers without conflict of interest but werent appointed to investigate celtics for some reason
Where's me tinfoil hat
posted on 13/9/12
It has been said on here from Celtic fans that the EBT was a legacy from his time at Boro and also that it was a severance
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Both statements are true. Boro opened the trust. He asked for his severance pay to be put into the same fund.
Celtic will have known full well that this was a tax dodge of that I have no doubt and their pretending not to fully understand the situation is nonsense.
Still doesn't make them guilty of any SFA rule breaches.
They were guilty of avoiding tax hence why the amount was repaid to HMRC.
Seems like a pretty simple case to me.
posted on 13/9/12
Rangers are being investigate for several "top up" payments, this is totally different to a severance deal that will have been in his contract.
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An EBT could not be listed in the contract as part of a severance package as this would have made it taxable.
For them not to pay tax, it was required to be left off the contract.
posted on 13/9/12
An EBT could not be listed in the contract as part of a severance package as this would have made it taxable.
For them not to pay tax, it was required to be left off the contract.
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Spot on
...Unless a second contract existed that detailed these discretionary payments...
You know...the crux of the investigation...
posted on 13/9/12
You know, I'm fed up of all this bullsht
At the end of the day, who really cares if Rangers players had a side contract topping up their salaries?
To equate this to title-stripping is utilising more of a loophole of an excuse than the f[_]cking EBT's themselves...
Noone has produced the slightest bit of evidence to prove that Rangers DID have side-contracts, but Celtic DID obviously have one with Juninho, otherwise where was a severance payment he was apparently entitled to documented? The back of a smoke-packet?!
This is all one big pile of nonsense and it's time we got back to playing football f fs
posted on 13/9/12
BBC now saying Ian Blair, the SPL secretary investigated the Celtic EBT and reported to the SPL board.
And the SPL board are: Ralph Topping (SPL Chairman), Neil Doncaster (SPL Chief Executive), Eric Riley (Celtic FC), Stephen Thompson (Dundee United FC), Duncan Fraser (Aberdeen FC) and Michael Johnston (Kilmarnock FC)........
posted on 13/9/12
but Celtic DID obviously have one with Juninho, otherwise where was a severance payment he was apparently entitled to documented?
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Umm, probably in his contract, it's standard. All players are entitled to severance pay to end their contract early. The in manner in which it's paid isn't relevant.