Aye, I can't believe they've been cleared tbh...
They did exactly the same for Juninho as we did for several other players.
It doesn;t matter a jot about the scale of the crime, at the end of the day it's the same crime.
An absolute shambles...
Well they said that the arrangements and documentation showed no evidence of any breach of SPL Rules
Why is it shocking??
You are probably well aware that EBT's are not illegal but it would seem that rangers used them incorrectly , hence the investigation by both HMRC and the SPL.
They did exactly the same for Juninho as we did for several other players.
If this was the case then you should be fine
I think not however.
Seems odd but doesn't surprise me
Tornado...well, you seem to have made up your mind like many others ! Innocent til ...what !
Celtic used the scheme legally and recorded all the necessary documentation with the football authorities.
If Rangers did the same they will be cleared also. Don't hold your breath though.
But Irvine, if Celtic had passed full details that the money in the EBT was part of the players wages, why use an EBT in the first place?
If Rangers did the same they will be cleared also. Don't hold your breath though.......................hold our breath, until 13th. November?. Funny how Celtic were dealt with in the blink of an eye. Now if the SPL have evidence against Rangers why don't they just get on with it.
My post was a bit flippant DC. As I understand it when Celtic and Junhino decided to part company Junhino's agent asked for his severence package to be paid through an EBT. Celtic agreed to this and it was set up.
Subsequently someone on the Celtic board expressed some concern about the arrangement and after seeking legal advice Celtic contacted HMRC and the SFA to ensure everything was above board.
Clearly they acted quickly to sort it out, Rangers were running their scheme for years and it wasn't just for severence packages.
hillbillybear - Celtic were dealt with 'in the blink of an eye' because there was no case to answer. Celtic's EBT for Junhino was transparent.
Yet rangers say theirs were also transparent
My prediction is that Rangers are found guilty on some level. I'm not sure if we will have titles stripped etc but I am certain that a fine will be imposed which coincidentally will roughly equal the loss of earnings that SPL clubs are suffering through Rangers absence.
This will be sheer luck and not at all an intentional action to compensate the turkeys who voted for this scenario.
Some people really don't understand EBT's at all, but like to talk about them all day.
If Juninho had an EBT, it could NOT have been declared as part of a contract, because it would have then become an illegal payment...
An EBT can only be a non-contractual loan, so what would possibly prompt Celtic to declare this to the authorities, making it a contractual payment and jeopardise the entire payment?
It seems to me, that Celtic have admitted their guilt and have admitted the payments were contractual.
therefore the case against them is open and shut, yet to the SPL, it was simply "shut" without the open part....
A total disgrace.
Irvine , fair enough but if Rangers do have a case to answer what the bleedin 'll are they waiting for.
Yet rangers say theirs were also transparent
------------------------------------------------------------------------
If that's the case there will be cleared of any wrongdoing. However according to the BBC they have evidence of over 50 side letters that formed part of players contracts but were never sent to the SFA.
Time will tell.
Irvine - what about Bbs point?
Anyway I thought EBT's were for employees ,strange Celtic were giving a player an EBT as he's walkin oot the door.
Irvine, Celtic told the BBC they did not declare the payment to either the sfa or spl at the time. So how you can say they were seems strange.
Irvine - what about Bbs point?
--------------------------------------------------------------------
What point? Celtic have been cleared of any wrong doing so that's it. Rangers case will be judged in the same way and if they have done nothing wrong the outcome will be the same.
In other words, you don't know
Irvine, Celtic told the BBC they did not declare the payment to either the sfa or spl at the time. So how you can say they were seems strange.
--------------------------------------------------------------------
I can't see that on the bbc? Link?
Comment deleted by Site Moderator
I certainly fookin don't
Bb does seem to know a bit from what ive read from him tho
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posted on 13/9/12
Aye, I can't believe they've been cleared tbh...
They did exactly the same for Juninho as we did for several other players.
It doesn;t matter a jot about the scale of the crime, at the end of the day it's the same crime.
An absolute shambles...
posted on 13/9/12
Well they said that the arrangements and documentation showed no evidence of any breach of SPL Rules
Why is it shocking??
You are probably well aware that EBT's are not illegal but it would seem that rangers used them incorrectly , hence the investigation by both HMRC and the SPL.
posted on 13/9/12
They did exactly the same for Juninho as we did for several other players.
If this was the case then you should be fine
I think not however.
posted on 13/9/12
Seems odd but doesn't surprise me
posted on 13/9/12
Tornado...well, you seem to have made up your mind like many others ! Innocent til ...what !
posted on 13/9/12
Celtic used the scheme legally and recorded all the necessary documentation with the football authorities.
If Rangers did the same they will be cleared also. Don't hold your breath though.
posted on 13/9/12
But Irvine, if Celtic had passed full details that the money in the EBT was part of the players wages, why use an EBT in the first place?
posted on 13/9/12
If Rangers did the same they will be cleared also. Don't hold your breath though.......................hold our breath, until 13th. November?. Funny how Celtic were dealt with in the blink of an eye. Now if the SPL have evidence against Rangers why don't they just get on with it.
posted on 13/9/12
My post was a bit flippant DC. As I understand it when Celtic and Junhino decided to part company Junhino's agent asked for his severence package to be paid through an EBT. Celtic agreed to this and it was set up.
Subsequently someone on the Celtic board expressed some concern about the arrangement and after seeking legal advice Celtic contacted HMRC and the SFA to ensure everything was above board.
Clearly they acted quickly to sort it out, Rangers were running their scheme for years and it wasn't just for severence packages.
posted on 13/9/12
hillbillybear - Celtic were dealt with 'in the blink of an eye' because there was no case to answer. Celtic's EBT for Junhino was transparent.
posted on 13/9/12
Yet rangers say theirs were also transparent
posted on 13/9/12
My prediction is that Rangers are found guilty on some level. I'm not sure if we will have titles stripped etc but I am certain that a fine will be imposed which coincidentally will roughly equal the loss of earnings that SPL clubs are suffering through Rangers absence.
This will be sheer luck and not at all an intentional action to compensate the turkeys who voted for this scenario.
posted on 13/9/12
Some people really don't understand EBT's at all, but like to talk about them all day.
If Juninho had an EBT, it could NOT have been declared as part of a contract, because it would have then become an illegal payment...
An EBT can only be a non-contractual loan, so what would possibly prompt Celtic to declare this to the authorities, making it a contractual payment and jeopardise the entire payment?
It seems to me, that Celtic have admitted their guilt and have admitted the payments were contractual.
therefore the case against them is open and shut, yet to the SPL, it was simply "shut" without the open part....
A total disgrace.
posted on 13/9/12
Bb
posted on 13/9/12
Irvine , fair enough but if Rangers do have a case to answer what the bleedin 'll are they waiting for.
posted on 13/9/12
Yet rangers say theirs were also transparent
------------------------------------------------------------------------
If that's the case there will be cleared of any wrongdoing. However according to the BBC they have evidence of over 50 side letters that formed part of players contracts but were never sent to the SFA.
Time will tell.
posted on 13/9/12
Photocopies?
posted on 13/9/12
Irvine - what about Bbs point?
posted on 13/9/12
Anyway I thought EBT's were for employees ,strange Celtic were giving a player an EBT as he's walkin oot the door.
posted on 13/9/12
Irvine, Celtic told the BBC they did not declare the payment to either the sfa or spl at the time. So how you can say they were seems strange.
posted on 13/9/12
Irvine - what about Bbs point?
--------------------------------------------------------------------
What point? Celtic have been cleared of any wrong doing so that's it. Rangers case will be judged in the same way and if they have done nothing wrong the outcome will be the same.
posted on 13/9/12
In other words, you don't know
posted on 13/9/12
Irvine, Celtic told the BBC they did not declare the payment to either the sfa or spl at the time. So how you can say they were seems strange.
--------------------------------------------------------------------
I can't see that on the bbc? Link?
posted on 13/9/12
Comment deleted by Site Moderator
posted on 13/9/12
I certainly fookin don't
Bb does seem to know a bit from what ive read from him tho
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