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Rangers finally hand over EBT documents to SPL

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SPL Celtic newsThe SPL have announced that they have now received documentation from Rangers into their EBT enquiry.

News of the tax enquiry has been public knowledge for almost two years but after asking clubs in March to declare any addition payments made to players Rangers have finally provided the SPL with documentation.

All player contracts should be registered with the SPL and SFA which should make the issue fairly cut and dried especially after former Rangers owner David Murray admitted to Sky that discretionary payments were made to players for over a decade.

The way that the Employee Benefit Trust was administered is the key to the big tax case that could see Rangers hit with a liability of over £50m.

HMRC believe that the payments were contractual while Rangers argue that it was bonus payments made on a discretionary basis. Whatever way they were paid every club is obliged by the SFA to register all payments made to players in the contracts sent to the football authorities.

Failure to do so could result in Rangers being charged with fielding ineligible players and open up another can of worms for the SPL and SFA to deal with.

Today’s SPL announcement said: “The SPL confirmed that Rangers FC had today provided documentation to the SPL in relation to the SPL’s investigation into EBT payments. The SPL’s legal team will now review and provide an update to the SPL Board at the next SPL Board meeting on 18 June.”

Both the SFA and SPL have a number of on-going issues with the running of Rangers with FIFA monitoring the crisis after a civil court ruling this week.

CLICK HERE for SFA and FIFA respond to Rangers court appeal

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0 comments

  • paranoidandroid says:

    Can we trust these documents after all the time they’ve had to doctor, change, or rewrite them ?

  • SOMEHOW I DONT TRUST THAT THESE ARE THE TRUE DOCUMENTATION, THEY’V HAD NEARLY 3MONTHS TAE TRY COVER UP THE BEST THEY CAN, AND LETS FACE IT THERES PLENTY OF MASONIC BROTHERS WILLING TAE HELP THEM DO IT, TO MANY BIG NAMES COMPLICIT IN THE EBTs THAT A COVER UP IS WELL WITHIN THE RELMS OF POSSIBILITY IN SCOTLAND, WE WANT THE TRUTH, THE WHOLE TRUTH, AND NOTHING BUT THE TRUTH.. GOOD LUK WITH THAT THEN.. HAIL HAIL, GOD BLESS IE CELTIC+

  • ScottyBhoy says:

    Call me a cynic, but I have a suspicion that these documents will be fairly harmless and the damning documents have all been reduced to fine paper ribbon. I hope I’m wrong, but I trust the SFA/SPL about as much as a pensioner trusts a fart!

  • Neil says:

    off course thay are doctored, they have had 3 months to do so and the SFA have given them that time to doctor deliberately.(probably fact not fiction)

    Maybe Mark Daly is in possession of originals and they could look different to the one’s Rangers are going to hand over.

    THE WHOLE THING IS A FIX

  • Mharkopolo says:

    i think theyre probably real
    im now beginning to think they just want to liquidate now, so they may aswell hand the stuff over, this is why they went to court, they know that they will get suspended (hasnt happened yet but will if the sfa do the right thing to protect the league and scottish football as a whole), and the suspension will make it look pointless to go with the CVA route. i think the fact that they submitted the cva proposal doesnt mean anything, its smoke and mirrors to me. they want to liquidate now before the big tax case result is published so that HMRC dont take their assets before they make a newco. if they liquidate now, newco wont lose anything, if they leave it too late, newco will not happen.

  • Joe McHugh says:

    I get the impression that Duff and Phelps would like the SFA or SPL to take drastic action so that they become the bad guys.

    They seem to have tried everything to get a serious footballing punishment only for the SFA and SPL to back off.

    The transfer embargo was a decent result compared to what they could have got- so Duff and Phelps challenged it.

    It took the SPL three attempts to vote through new financial fair play regulations.

    The SFA took an age to get Scottish Cup ticket money to Dundee United.

    Perhaps the SFA will toughen up with FIFA breathing down their neck, perhaps…

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