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European Commission seek explanation on Celtic land deals


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FTH update today with a breakdown of all the nmoney the scum received from Lennoxtown initiative and edc when the LI ran out of money

https://footballtaxhavens.wordpress.com/2015/07/12/money-flows-showing-how-celtic-got-paid-back-funds-they-paid-for-lennoxtown-via-the-lennoxtown-initiative-charity/

Stevie Wonder would be able to see how dodgy this whole thing is never mind Audit Scotland, yet they still seem to think they'll be in the clear. Personally I still feel that the big story is yet to come and I don't mean what has been going on regarding GCC and land. No evidence of anything, just a gut feeling.

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Another twitlonger piece from pzj

http://www.twitlonger.com/show/n_1sn02kh

Also what is happening with public land sold cheaply off market in Wales, Now where have we heard about public land being sold cheaply in scotland can't quite remember

http://www.bbc.co.uk/news/uk-wales-23304989

The creaking gate keeps creaking, let's hope Audit Scotland have the balls to expose this.

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Another twitlonger piece from pzj

http://www.twitlonger.com/show/n_1sn02kh

Also what is happening with public land sold cheaply off market in Wales, Now where have we heard about public land being sold cheaply in scotland can't quite remember

http://www.bbc.co.uk/news/uk-wales-23304989

What do you bet that the Welsh will come to a decision quicker than the Scottish authorities? Having said that if it was a decision that says the whole thing was corrupt it would certainly give those in charge up here a major problem.

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What do you bet that the Welsh will come to a decision quicker than the Scottish authorities? Having said that if it was a decision that says the whole thing was corrupt it would certainly give those in charge up here a major problem.

Well if in Wales they are found to have sold the land off market when it should have went to open market then is it not the case that all the land the scum have bought was off market London Rd primary school, westhorn, lennoxtown were for definite not sure about the triangle though.

It would open up a very large can of worms for them

Since the scum insisted on no claw back in the case of lennoxtown and got their way in the end you have to wonder why . Are they expecting it to get planning permission in the future ?

so here's hoping they are in serious shit if the wales one was found to be unlawful

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What do you bet that the Welsh will come to a decision quicker than the Scottish authorities? Having said that if it was a decision that says the whole thing was corrupt it would certainly give those in charge up here a major problem.

Well if in Wales they are found to have sold the land off market when it should have went to open market then is it not the case that all the land the scum have bought was off market London Rd primary school, westhorn, Lennoxtown were for definite not sure about the triangle though.

It would open up a very large can of worms for them

Since the scum insisted on no claw back in the case of Lennoxtown and got their way in the end you have to wonder why . Are they expecting it to get planning permission in the future ?

so here's hoping they are in serious shit if the wales one was found to be unlawful.

Good point guys, hopefully the Welsh parliament can open this tin a bit further!!

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The further this goes the more they seem to be tripping over themselves with contradictory statements. As I've said in the past, having dealt with EDC I know how tight they are on paper work and on SLA's in general.

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Another update on FTH today and the noose is tightening round EDC neck. The money they ploughed into the Lennoxtown Initiative is laid bare and is much more than 1st thought just to pay the scums SLA

https://footballtaxhavens.wordpress.com/2015/07/25/lennoxtown-initiative-charity-was-insolvent-in-2011-yet-celtic-sla-continued-to-be-paid-for-last-4-years-edc-picked-up-charitys-500000-tab/

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Another update on FTH today and the noose is tightening round EDC neck. They money they ploughed into the Lennoxtown Initiative is laid bare and is much more than 1st thought just to pay the scums SLA

https://footballtaxhavens.wordpress.com/2015/07/25/lennoxtown-initiative-charity-was-insolvent-in-2011-yet-celtic-sla-continued-to-be-paid-for-last-4-years-edc-picked-up-charitys-500000-tab/

It seems to get worse by the week. What also has to factored in is the cost to the EDC of the projects that the charity was meant to fund such as the health centre. So if the tally going to c****c is £500,00 you can at least double that in add on costs.

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It seems to get worse by the week. What also has to factored in is the cost to the EDC of the projects that the charity was meant to fund such as the health centre. So if the tally going to c****c is £500,00 you can at least double that in add on costs.

As pzj said before EDC only had a liability of £1 for the Lennoxtown initiative if it went tits up and it did but bailed them out to the tune of £500k just for the scums sla which they claim they have never even seen, it beggars belief that public funds were used in this way

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it beggars belief that public funds were used in this way

(tu) More to the point bud, it is questionable regarding its legality. As I've said before I still get the feeling that what we have seen to date regarding EDC & GCC may well be the tip of an iceberg.

My reasoning for this is that rather than going to the lengths they have to block anybody enquiring about these goings on they'd have been better off getting it out and taking whatever hit they'd have to and then try and let it blow over. Instead we have a situation where FOI's have been denied in a manner which is questionable legally, and the various bodies involved are constantly contradicting themselves.

The longer this goes on the bigger the hit will be when the truth finally does come out. At the moment their situation may just be manageable so why not get it out of the way unless there is something else a lot more damaging that will come out if they were to put their hands up to what we already know. When you consider we have been fed a line that they are a cash rich club surely they can afford to pay out the money that they should have and take whatever punishment they would be due from the football authorities.

Four years ago they rallied a cry to have titles stripped from our club for something we were found innocent off, could it be they know that further down the line if any activities come to light that haven't already then they will have created a situation where they will have deemed their only possible punishment from the football authorities themselves?

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(tu) More to the point bud, it is questionable regarding its legality. As I've said before I still get the feeling that what we have seen to date regarding EDC & GCC may well be the tip of an iceberg.

My reasoning for this is that rather than going to the lengths they have to block anybody enquiring about these goings on they'd have been better off getting it out and taking whatever hit they'd have to and then try and let it blow over. Instead we have a situation where FOI's have been denied in a manner which is questionable legally, and the various bodies involved are constantly contradicting themselves.

The longer this goes on the bigger the hit will be when the truth finally does come out. At the moment their situation may just be manageable so why not get it out of the way unless there is something else a lot more damaging that will come out if they were to put their hands up to what we already know. When you consider we have been fed a line that they are a cash rich club surely they can afford to pay out the money that they should have and take whatever punishment they would be due from the football authorities.

Four years ago they rallied a cry to have titles stripped from our club for something we were found innocent off, could it be they know that further down the line if any activities come to light that haven't already then they will have created a situation where they will have deemed their only possible punishment from the football authorities themselves?

Good post Ed. but I dont think they will come clean about anything, if you know their history. sweep sweep cover it up.

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Good post Ed. but I dont think they will come clean about anything, if you know their history. sweep sweep cover it up.

(tu) No it's not in their nature and that's the underlying point of what I meant. If they were smart they'd get it over with, alas they're not and they'll sweep, sweep until the carpet can't even cover it anymore.

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  • 2 weeks later...

Next stage - Yewtree investigating visits by Jimmy Saville and Keith O'Brien to Celtic Park. I am sure someone posted a photograph of this on a thread in BD.

To be honest I do find that with Saville having so many links up here that it really is very odd that Yewtree seems to have stopped on the border between Scotland and England. Sure we have a different law system from England, but does anybody really believe that he only committed crimes outwith Scotland? Hell they actually had a statue of him in a shopping centre for heavens sake.

Does anybody remember when one of our members posted an article from Catholic Herald or whatever it's called from just after Saville's death? It was written by one of their highest ranking clergy and went on to tell us that everything Saville did in life all came from his being a Roman Catholic, all of those good deeds in Jim'll Fix It, the charity work and fund raising all came from his deep Catholic beliefs and upbringing. Well he certainly got the bit about everything he did being down to his upbringing and beliefs right, just a pity about what he did in life thanks to them though.

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David Cameron, the British Prime Minister officially requested that all British police forces should investigate Savile's activities.

As Savile was a property owner and sometime resident in Scotland, the Scottish Police Force apparently made some enquiries after that clear message from the PM.

Any idea how they got on. Thought not..........

http://www.dailymail.co.uk/news/article-2222878/Jimmy-Savile-scandal-Inside-paedophiles-Glencoe-lair-20-suffered-abuse.html

http://www.scotsman.com/news/scotland/top-stories/savile-linked-to-sex-attacks-at-scottish-hospitals-1-3460694

http://www.sconews.co.uk/news/13832/scottish-catholic-jimmy-savile/

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David Cameron, the British Prime Minister officially requested that all British police forces should investigate Savile's activities.

As Savile was a property owner and sometime resident in Scotland, the Scottish Police Force apparently made some enquiries after that clear message from the PM.

Any idea how they got on. Thought not..........

http://www.dailymail.co.uk/news/article-2222878/Jimmy-Savile-scandal-Inside-paedophiles-Glencoe-lair-20-suffered-abuse.html

http://www.scotsman.com/news/scotland/top-stories/savile-linked-to-sex-attacks-at-scottish-hospitals-1-3460694

http://www.sconews.co.uk/news/13832/scottish-catholic-jimmy-savile/

And yet we have still to hear of any real result or serious lines of investigations.

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See septics "friends" the co-op are still in the shit , anyone heard how they got away with such a friendly low rate of interest on some of their loans a few years back

The troubled Co-operative Bank says it will not make a profit for another two years as it reports another loss.

Pre-tax losses for the first six months of the year were £204.2m, compared with losses of £77m a year earlier. The figure was slightly better than expected.

It said it was now in better shape to withstand economic stresses.

The bank almost collapsed in 2013 after a huge black hole was discovered in its accounts.

The Co-op Bank was owned by the 150-year old Co-operative Group until it had to be rescued in 2013 following the discovery of a £1.5bn black hole.

In that year, it contributed £2.1bn of losses of £2.3bn - the largest in the Co-operative Group's 150 year history.

The group had to seek outside investors to prop up the bank, which is now 80% owned by hedge funds, with the remainder held by the Co-op Group.

No profits

One option under consideration is to float shares on the stock market in an initial public offering (IPO).

But its chief executive, Niall Booker, said it was unlikely to embark upon a stock market listing until it was closer to making profits.

But he said that was not something that would happen in the near future: "We won't be profitable in 2015 and we won't be profitable in 2016 either."

In the first half of 2015, the bank set aside £49m to cover misconduct and legal charges, lost £38.2m on sales of assets needed to reduce the bank's overall levels of debt, and spent an extra £33.1m on improving "systems and processes".

Troubled

Last week, a regulatory report criticised the bank for misleading investors. The bank escaped a fine, however, because the regulator said it needed all the money it has to strengthen its balance sheet.

At the end of last year, the bank failed a Bank of England stress test, designed to test banks' ability to withstand another financial crisis.

The black hole discovered in 2013 has been linked to losses on commercial property loans, stemming from Co-op Bank's 2009 merger with the Britannia building society.

A number of top executives then left the bank, including former chairman Paul Flowers who left the bank following a drugs scandal.

Before the discovery of financial problems, Co-op Bank was being lined up by the government to take over more than 600 branches of Lloyds Bank, a plan that was then abandoned.

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See septics "friends" the co-op are still in the shit , anyone heard how they got away with such a friendly low rate of interest on some of their loans a few years back

Alas that's one of the many things that are covered by the carpets they like to sweep things under, one can only imagine the size of the carpets they have over there.

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Thee BBC's text service is reporting that the EU Commission has suspended £45m ear marked for Scotland from the European Social Fund due to "irregularities" in spending. The ESF money provides money for projects aimed at creating and supporting jobs. It seems that problems with the Scottish Government's system for managing the funding were first highlighted last December. Scottish ministers are blaming a "technical fault" and say they are working to comply with EU regulations.

Now I'm not saying that this is directly linked to what has been going on regarding state aid to c****c, but it does make one wonder if some of the previously supplied funding may have gone to help cover some of the costs involved in the revamp of the land surrounding the piggery. Could be a story worth keeping an eye on. I had a quick look at the Scottish papers web sites and haven't found anything from them on this at the moment.

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