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Big Rangers Administration/Liquidation Thread - All chat here!


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1337797337[/url]' post='6265746']

This has told us nothing new. Everyone knew Grier was involved with the purchase of Rangers.Everyone knew Rangers had EBTs

EBTs were legal as long as the payments were discretionary. The assumption behind the RTC interpretation of the case is that given footballers aren't the type to accept discretionary pay, and thus side letters existed documenting contractual payments. Previously, Bears have been claiming no side letters existed. The only example of a player side letter to surface to date was a draft and cold be wished away by particularly thick Orcs.

The BBC has now indicated pretty clearly it has extensive evidence of side letters. That means 1) Rangers' explanations about this being normal business practice is toast and 2) the side letters, if they look at all like the draft that surfaced earlier, will constitute dual contracts which will f**k them to hell with the SPL.

Only out for Rangers is a) the side letters are, unlike the draft we've seen, not tied to salary, games played etc. and can somehow be couched as discretionary and/or b) the contracts lodged with the SFA contained references to extra payments made through EBTs so they could stretch to argue full disclosure.

BOOM - HEADSHOT (unless the BBC side letters are unsigned or otherwise dubious)

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LOL:

"BBC Scotland asked everyone in the Employee Benefit Trust scheme featured in

the documentary about their use of the trust.

None would tell us anything about their EBTs."

Nothing to say eh lads?! :D

claymore youve just been on telly lol laugh.gif

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Screwing people for a living, and working in porn.

Ithangyew.

‎"porn doesnt make you blind running EBT's badly does"

<br class="Apple-interchange-newline">

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