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Green walks away from EBT hearing

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Charles Green news

Sevco chief Charles Green has issued a lengthy statement explaining why the Third Division club won’t be at tomorrow’s SPL sitting into the use of EBT’s by Rangers.

Green has been selective about which parts of the soon to be liquidated club that he wished to inherit with the big tax case and EBT enquiry body-swerved by the Yorkshireman.

Playing to the gallery has sent Green’s popularity soaring in the last six weeks with SFA chief Stewart Regan turning a blind eye to comments aimed at rallying fans behind season ticket sales.

The Ibrox chief also questions why the SPL never investigated the club despite being contacted by HMRC about the role of EBT’s in October 2010.

Despite the concerns of HMRC Rangers were given a licence to play in Europe in season 2011/12 when Celtic could have taken part in Champions League qualifiers and another tax paying SPL side entered into the Europa League qualifiers.

Tonight Green stated: “The Rangers Football Club Limited will not attend tomorrow’s ‘earing (Tuesday, September 11) of the SPL-appointed Commission investigating the circumstances surrounding the use of Employee Benefit Trusts by previous owners of the Club.

The Club cannot continue to participate in an SPL process that we believe is fundamentally misconceived.

Neither the SPL, nor its Commission, has any legal power or authority over the Club because it is not in the SPL.

For that reason it has no legal basis on which to appoint its Commission. The Club ceased to be subject to the SPL’s rules when it was ejected from its league.

Our lawyers have made that point repeatedly to the SPL in correspondence and yet our requests for an explanation from the SPL have been completely ignored. The SPL’s silence on these issues is deafening. The outcome of the SPL’s process will have no legal effect. ”

With the SFA avoiding the issue of whether Sevco are a new club or a continuation of Rangers the situation is open to interpretation with Green happy to claim the glory but washing his hands of the debts of the old club.

Turning his attention to the football authorities failure to properly govern and licence the game he added: “Why did the football authorities do nothing to address an issue that was public knowledge for at least two years, and was reported in the Club’s accounts for several years, before the Club went into administration and was subsequently taken over by new owners?

HMRC contacted the SPL regarding EBT matters in October 2010, they met to discuss what documentation the Club had lodged with the SPL.

Did the SPL launch an investigation? Did they appoint a Commission?  Did they ask to see EBT correspondence? Did they ask any questions at all?  No. They did absolutely nothing.

What compounds the breathtaking hypocrisy of the SPL in this whole saga, is that the SFA, the SPL and us – as the new owners – took part in numerous discussions regarding the new company’s league status during which it was made clear that a deal was there to be done where ‘the EBT issue’ would be dealt with as part of a package of sanctions which would be implemented in return for membership of the SFA and a place in either the SPL or Division One.

We do not accept that people who are willing to come to an agreement on such matters then have a right to instigate a full blown inquisition when matters do not unfold as they thought they would.

In our view, it beggars belief that an authority which can be heavily involved in these discussions to the point that the Chief Executive Neil Doncaster repeatedly stated he was not interested in stripping titles from Rangers can lurch from that position to setting up its own Commission under the chairmanship of Lord Nimmo Smith.”

Trying to bring Celtic into the debate Green added: “Rangers was not the only club in Scotland to use EBTs yet nothing was done and little has been heard about it. Also, Rangers stands accused of achieving sporting advantage unfairly – yet there is little debate over the fact in all the years EBTs were in existence at Ibrox, the Club often failed to win either the league title, or the main cup competitions.

Furthermore, the period concerned saw a significant downsizing of the playing squad both in money spent on transfers and players wages.

The decision we have taken has not been taken lightly. There are powerful representatives from Clubs within the SPL – not all of them by any means – who appear hell bent on inflicting as much damage on Rangers as possible.

It is lamentable that the Board and executive of the organisation have not been able to deal with this appropriately. We do not ‘old every SPL club in the same regard. Several clubs were placed in an invidious position and we believe their interests were not best served by those in more powerful positions.”

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0 comments

  • Stevie says:

    Old Charlie boy playing the SFA/SPL like a penny whistle.
    Someone within the corridors of power will need to deal with this mob or they’ll drag Scottish football down with them.
    Oldco Newco feck them all.

  • Auldheid says:

    So the SFA/SPL knew of HMRC’s concerns about EBTs in Oct 2010 but in April/May 2011 granted a UEFA licence without confrming that HMRC were satisfied with the arrangements that were made to pay the wee tax case bill?

    Did the SFA “compartmentalise” the big tax case from the wee tax case in order to justify granting a licence?

    Skulduggey present.

  • williebhoy says:

    Oh dear…..Why does Chico think he would be invited along anyway, this investigation has nothing whatsoever to do with his club…this is about Rangers FC who are now dead. Just a matter of clearing up the records books properly and set out some penalties which he has already agreed to cover in return for waiving the 3 years accounts in giving the newco a licence to operate.

    Of course the wages went down ya halfwit…They were paying players illegally without knowledge of the authorities, so low wages and even less tax….which helped bring in more players.

    It will also clear once & for all that the newco are NOTHING to do with the now defunct ex-Govan club. If they wish to pursue the matter, then they must accept that all prize money wrongly awarded be refunded to clubs concerned both in Scotland & Europe.

  • martin kennea says:

    They wouldnt know morals, decency ,and contrition if it hit them in the face. Shower of shite.

  • KevinBarry says:

    Why is green even being asked about the EBTs? It’s nothin to do with that clown!

    • Joe says:

      Because he is trying to get the love of the retarded bunch of fans who still believe, incorrectly, that rangers still exist.

      • KevinBarry says:

        I’m actually just sick of hearing the guys name. Can’t wait for around 2 months when Mordor is gettin attendances of around 5000. Then he’ll maybe just shut up and liquidate Sevco!

  • Dhougal says:

    Double whammy ,TRFC take out the SFA (or vice versa) .Only one winner !!!!!! US !!

  • Tim Brown says:

    The SPL were the governing body that Rangers operated under, before they declared bankruptcy. So the SPL’s rules and regulations apply to Rangers. If Sevco is indeed still Rangers with just another name, then those rules and regs still apply retroactively, no matter in which division they now play.

    But of course if Sevco is indeed a brand-new, debt-free club, and SPL rules and regs no longer apply, this must mean that SPL trophies and titles don’t apply either……

    Basically, if you didn’t get caught holding up a bank ten years ago, that doesn’t mean you CAN’T be convicted of the crime because you’ve since become a pillar of the community……

  • G-man67 says:

    Traynor says tonight re. the EBT meeting tomorrow..”I’s time to move on from the EBT’s as it’s damaging Scottish football..”

    Oh well then,,that’s that..is it?? The man is a Fool..

    The layers of lies and deceit are gradually being peeled back and may leave us with ..whoever has been head of SFA/SPL over this time..the music is about to stop..who has the parcel?? Gordon Smith?Peat? Ogilvie? ?

    Are you sitting comfortably…?

  • chickenmurry says:

    Oh dear, oh dear its embarrassing listening to the rantings of the charlatan puppeteer who knows that he will soon be on his Yorkshire horse with a big fat wad in his pocket . . .or escaping the deluded hordes over his mismanagement of SEVCO who may still go into administration as a result of cash shortages. I love the fact that THEY believe him and buy into it with money they can ill afford. Oh dear, oh dear its all going to end in tears…again!

  • Dougie Bhoy says:

    everyday im chuckling! HH!

  • Big G says:

    If it were not for Charles Green and his constant $h!t!ng on I would have forgotten Sevco even exist.

    All he is doing is playing to the mob but ultimately to fulfil his own ambitions.

    However as everyone becomes used to it the effect will wear off and all that will be left will be a sad little club devoid of ideas and playing in a half empty stadium.

  • john says:

    Does anyone think the penny will finally drop that Sevco and Rangers are not the same. The SPL are investigating Rangers (Oldco)and Charlie is right, he does not need to recognise this because Sevco are not Oldco they are different entities. 2012 is the end of history for Rangers. When will they understand.

  • stubhoy says:

    Does this mean that they will ask how Green managed to get Ibrox and players for £5m STINKS THIS……

  • Greenjedi says:

    Why would Sevco/The Rangers be invited to the EBT hearing it nothing to do with that club.

    Also Green made a wee booboo on Clyde this morning, he said The Rangers have NEVER been in the SPL so how could they be judged by the SPL. Oops

  • Gerald Curran says:

    Comical Charlie reminds me of Saddam Hussains guy proclaiming no enemy tanks will ever enter Baghdad while US tanks were rolling past him in the background. I am looking forward to his next proclamation.

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