Jump to content

Without EBTs, Murray would just have built a larger debt.


OlegKuznetsov

Recommended Posts

"Players Rangers couldn't otherwise have afforded" is nonsense. Without EBTs, Murray would just have built a larger debt. He was happy to give Advocaat, Smith and occasionally McLeish, access to funds from both income and credit.

Regardless of other factors, when debt was still an issue just as Walter returned, a mere 5 1/2 years ago, Murray knowingly racked up further debt. For Murray, keeping a winning team was his way of keeping the fans off his back, even if it meant debt. He had little stomach for the fight we needed to pursue against our detractors. Furthermore, virtually all SPL clubs have debt.

So, as AJ also stated, "financial doping" is not an accurate description of what Murray did with EBTs. Indeed, it is a carefully selected phrase that paints a pre-judged and emotive perspective upon events which simply do not merit it. This is also why there is discussion around "dual contracts", of which there has been not one scintilla of concrete evidence amidst the morass of disinformation. It is the hallmark of propaganda, something which always has an agenda. In this case, the agenda is to claim improper player registration, as a tenuous method for stripping titles by retrospective match-fixing. Aren't conspiracies meant to be subtle and concealed from public scrutiny? The agenda is clear.

If the players were incorrectly registered, whilst playing publicly in high profile, live-televised and widely reported matches, for more than a decade whilst all documents were properly submitted relating to contracts and annual accounts which detailed EBTs, why did they say nothing year after year? After even one year of acceptance of the documents, they have in effect stated that they were not an issue. If they have somehow changed their mind, the question needs to be asked as to why? Rules that change upon a whim of some interested parties are not really rules. Their apparently targeted and unique pursuit of one club also seems suspicious, given the proud and public boasts of other club owners and chairmen.

Nonetheless, the Idiocracy and its ongoing torrent of disinformation is in full swing. The bloodlust is still high and they're still wanting plenty of Rangers' blood. Near extinction and triple relegation for finishing second (talk about sporting integrity?) are not enough for these vultures and scavengers. Having failed with their attempts towards our extinction and after nobody was really convinced that it wasn't really Rangers with the full history, they now are battling to tarnish and obliterate parts of that history. I really think that this witch-hunt of every element of our being is akin to an attempt at cultural ethnic cleansing. They cannot stand the mere existence of "the other". Did someone accurately label that as bigotry? Was that claim allowed to stand uncontested? The truth is already out there.

The SPL still want to pursue via their "independent" but SPL-appointed commission, based on the "findings" of Harper McLeod, Celtic's lawyers. Independence, truth and justice cannot be based upon bias, propaganda and disinformation.

Link to post
Share on other sites

As far as I can ascertain from the RFC accounts for the 10 years in question,the total paid into the EBT scheme was approx £48m. At 40% tax that would mean any tax liability would have been just over £19m or an average of £1.9m per year. The rest of the HMRC claim was for interest and penalties.

£1.9m per annum is hardly a break-the-bank sum for Murray at that time.

As a shareholder, I've written to D & P for a breakdown of the HMRC claim.

Link to post
Share on other sites

Good article Oleg (tu) as we all know only too well debt didnt phase Mr Murray too much and he would of funded these wages regardless of EBTs. This isnt what the mhedia want to hear because it removes their central premise that Rangers would be guilty of 'financial doping' by funding player purchases that without EBTs we could not afford. Dont expect the Rhecord or Scotsman to run with this anytime soon but we all know its the truth.

Link to post
Share on other sites

"Players Rangers couldn't otherwise have afforded" is nonsense. Without EBTs, Murray would just have built a larger debt. He was happy to give Advocaat, Smith and occasionally McLeish, access to funds from both income and credit.

Regardless of other factors, when debt was still an issue just as Walter returned, a mere 5 1/2 years ago, Murray knowingly racked up further debt. For Murray, keeping a winning team was his way of keeping the fans off his back, even if it meant debt. He had little stomach for the fight we needed to pursue against our detractors. Furthermore, virtually all SPL clubs have debt.

So, as AJ also stated, "financial doping" is not an accurate description of what Murray did with EBTs. Indeed, it is a carefully selected phrase that paints a pre-judged and emotive perspective upon events which simply do not merit it. This is also why there is discussion around "dual contracts", of which there has been not one scintilla of concrete evidence amidst the morass of disinformation. It is the hallmark of propaganda, something which always has an agenda. In this case, the agenda is to claim improper player registration, as a tenuous method for stripping titles by retrospective match-fixing. Aren't conspiracies meant to be subtle and concealed from public scrutiny? The agenda is clear.

If the players were incorrectly registered, whilst playing publicly in high profile, live-televised and widely reported matches, for more than a decade whilst all documents were properly submitted relating to contracts and annual accounts which detailed EBTs, why did they say nothing year after year? After even one year of acceptance of the documents, they have in effect stated that they were not an issue. If they have somehow changed their mind, the question needs to be asked as to why? Rules that change upon a whim of some interested parties are not really rules. Their apparently targeted and unique pursuit of one club also seems suspicious, given the proud and public boasts of other club owners and chairmen.

Nonetheless, the Idiocracy and its ongoing torrent of disinformation is in full swing. The bloodlust is still high and they're still wanting plenty of Rangers' blood. Near extinction and triple relegation for finishing second (talk about sporting integrity?) are not enough for these vultures and scavengers. Having failed with their attempts towards our extinction and after nobody was really convinced that it wasn't really Rangers with the full history, they now are battling to tarnish and obliterate parts of that history. I really think that this witch-hunt of every element of our being is akin to an attempt at cultural ethnic cleansing. They cannot stand the mere existence of "the other". Did someone accurately label that as bigotry? Was that claim allowed to stand uncontested? The truth is already out there.

The SPL still want to pursue via their "independent" but SPL-appointed commission, based on the "findings" of Harper McLeod, Celtic's lawyers. Independence, truth and justice cannot be based upon bias, propaganda and disinformation.

You haven't really got a clue have you, EBT's arent about transfer fee's you muppet, its wages, and thats what the argument's about. Flo earned 40k ''tax free'' what would that be with tax? and would he have signed? and HE is the worst example.....sorry Eggen and Bonnisell are, McLeish signings on EBT, ..... sunk in yet? we signed mediocre players on these EBT's and somehow ended up fucked....soo.... without them we would be.....how u became a site writer's beyond me

Link to post
Share on other sites

You haven't really got a clue have you, EBT's arent about transfer fee's you muppet, its wages, and thats what the argument's about. Flo earned 40k ''tax free'' what would that be with tax? and would he have signed? and HE is the worst example.....sorry Eggen and Bonnisell are, McLeish signings on EBT, ..... sunk in yet? we signed mediocre players on these EBT's and somehow ended up fucked....soo.... without them we would be.....how u became a site writer's beyond me

Got a live one here, priest busy on other duties?

Fuckin idiot :wanker:

Link to post
Share on other sites

You haven't really got a clue have you, EBT's arent about transfer fee's you muppet, its wages, and thats what the argument's about. Flo earned 40k ''tax free'' what would that be with tax? and would he have signed? and HE is the worst example.....sorry Eggen and Bonnisell are, McLeish signings on EBT, ..... sunk in yet? we signed mediocre players on these EBT's and somehow ended up fucked....soo.... without them we would be.....how u became a site writer's beyond me

You're a cock.

He hasn't said anything about EBT's being about transfer fees. He is rightly pointing out that If Tore Andre Flo was looking to be paid 40k per week into his bank account then David Murray would have paid that, EBT or no EBT. Tore Andre Flo is the best example, because we paid a ridiculous 12m quid for him which further verifies the point that Murray would have just taken us into more debt to meet his WAGES regardless of the existence of perfectly legal tax efficient schemes to reduce the cost to the club. Get it? The cost to the club. The players would have got paid whatever it was that they got paid irrespective.

Telling people they don't have a clue is always a risky strategy.

Link to post
Share on other sites

You're a cock.

He hasn't said anything about EBT's being about transfer fees. He is rightly pointing out that If Tore Andre Flo was looking to be paid 40k per week into his bank account then David Murray would have paid that, EBT or no EBT. Tore Andre Flo is the best example, because we paid a ridiculous 12m quid for him which further verifies the point that Murray would have just taken us into more debt to meet his WAGES regardless of the existence of perfectly legal tax efficient schemes to reduce the cost to the club. Get it? The cost to the club. The players would have got paid whatever it was that they got paid irrespective.

Telling people they don't have a clue is always a risky strategy.

He really is, isn't he?

He went in, baw-deep, and accused me of saying something I didn't.

I wonder if this was the standard response from timmy with regards to AJ's words this week?

Link to post
Share on other sites

Graveson,Keane,Keane (Robbie) to name but 3 who were all on stratospheric wages before moving to the Paedo dome.

All reputed to be on upwards of £50,000 a week MINIMUM before moving.

You are not going to tell me that they didn't resort to something "unusual" to pay these FAILURES their wages. They certainly weren't moving for £20,000 a week that's for sure.

So just exactly how were they paid.

Link to post
Share on other sites

what needs to be remembered in all this is that EBT's were legal. they were declared in accounts and were not contested. They have now been made illegal and for some reason Rangers are being pursued retrospectively. I personally have never heard of anyway in which someone using a legal system now made illegal can be pursued for dealings in the past - until now.

When they closed the use of EBT's a line should have been drawn that from that point on, you could no longer have them. Those pursuing us seem to be able to move that line, but interestingly i haven't heard of others being chased and investigated with a view to title stripping.

i'm not one for conspiracies, but anyone who thinks there is not a vendetta against our club has their head in the sand.

Link to post
Share on other sites

what needs to be remembered in all this is that EBT's were legal. they were declared in accounts and were not contested. They have now been made illegal and for some reason Rangers are being pursued retrospectively. I personally have never heard of anyway in which someone using a legal system now made illegal can be pursued for dealings in the past - until now.

When they closed the use of EBT's a line should have been drawn that from that point on, you could no longer have them. Those pursuing us seem to be able to move that line, but interestingly i haven't heard of others being chased and investigated with a view to title stripping.

i'm not one for conspiracies, but anyone who thinks there is not a vendetta against our club has their head in the sand.

Unfortunately, you're right, mate.

Link to post
Share on other sites

Graveson,Keane,Keane (Robbie) to name but 3 who were all on stratospheric wages before moving to the Paedo dome.

All reputed to be on upwards of £50,000 a week MINIMUM before moving.

You are not going to tell me that they didn't resort to something "unusual" to pay these FAILURES their wages. They certainly weren't moving for £20,000 a week that's for sure.

So just exactly how were they paid.

it should also be noted that they were posting LOSSES, or a very small profit (100k - 200k), on their accounts for the years these players were at the piggery - so how were they able to finance these deals (and you can bet the likes of Sutton, Hartson, Ian Wright and Llundberg weren't at the lower end of the pay scale either). Time someone was doing some proper digging into the finances of that club.

Link to post
Share on other sites

You haven't really got a clue have you, EBT's arent about transfer fee's you muppet, its wages, and thats what the argument's about. Flo earned 40k ''tax free'' what would that be with tax? and would he have signed? and HE is the worst example.....sorry Eggen and Bonnisell are, McLeish signings on EBT, ..... sunk in yet? we signed mediocre players on these EBT's and somehow ended up fucked....soo.... without them we would be.....how u became a site writer's beyond me

You are an idiot of the first order. The EBT scheme was not the players' salaries. The players received salaries with tax deducted and paid. The EBT scheme was entirely separate from salaries and was legal during it's existence. The actual tax being claimed by HMRC on the 10 year period is approx £19m or £1.9m per annum on average.

Link to post
Share on other sites

paedo fc admitted that they used EBTs.

THE SPL INVESTIGATED PAEDO FC INTERNALLY REGARDING EBTs AND DID NOT APPOINT, AS THEY DID WITH RANGERS, AN INDEPENDENT TRIBUNAL FOR THE INVESTIGATION

this is a blatant double fucking standard.

IF THE SPL DEEM THAT AN INDEPENDENT COMMISSION IS NECESSARY TO INVESTIGATE RANGERS FOR EBTs, THEN OBJECTIVITY DEMANDS THAT THEY TREAT PAEDO FC IN LIKE MANNER.

they did not do this.

THEREFORE, BY GIVING UNWARRANTED PREFERENTIAL TREATMENT TO PAEDO FC THE SPL HAVE CLEARLY DEMONSTRATED BIAS AGAINST RANGERS.

why have we let them get away with this?

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Restore formatting

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Upcoming Events

    • 30 March 2024 15:00 Until 17:00
      0  
      Rangers v Hibernian
      Ibrox Stadium
      Scottish Premiership
×
×
  • Create New...