T_S_A_R Posted May 23, 2012 Share Posted May 23, 2012 Wot? Confirmation that the EBTs were undeclared secondary contracts? David Murray funding Rangers virtually entirely via Bank Of Scotland loans, who once taken over by Lloyds TSB when the banks began to collapse and quite rightly wanted to see the colour of Murray's own money as security - and hence time for a sharp exit? the first thing wasn't proven in the program. the second was well known. 0 Quote Link to comment Share on other sites More sharing options...
Swampy Posted May 23, 2012 Share Posted May 23, 2012 i'm talking here about the evidence presented in the program. the first quote is half a sentence. the second quote refers to something specified earlier in the document. the third one is confirmation of the use of EBTs. Did you have the program on mute or something? It's confirmation of the use of EBTs for non-discretionary payments - which would make them liable for income tax, and this income tax wasn't paid. Everyone's known for ages that EBTs have been used - that's never been in dispute. What has been in dispute is that they were used in lieu of a full salary - a "top-up". If you do that, you need to pay income tax on them. The side letter quote in Papac's case indicates that's what's going on. now is it more likely that daly left out pertinent info or that he has took quotes deliberately out of context? Given that the documents are in possession of a court, even if we took the least charitable view possible of Daly I don't think it's very likely that he'd lie by omission. * has anyone asked what the sfa believed was happening with the millions pouring out rangers into EBTs every year that they had documentary evidence of? Do the SFA actually look at club accounts? 0 Quote Link to comment Share on other sites More sharing options...
PeeTeeJag Posted May 23, 2012 Share Posted May 23, 2012 (edited) My link Might be looking for a new president soon. Edited May 23, 2012 by PeeTeeJag 0 Quote Link to comment Share on other sites More sharing options...
Broken Algorithms Posted May 23, 2012 Share Posted May 23, 2012 Page 1000 for those of us on 30 posts a page! Well done! FTOF 0 Quote Link to comment Share on other sites More sharing options...
Monkey Posted May 23, 2012 Share Posted May 23, 2012 When Duff and Phelps get horsed out of the picture, and Hector the inspector gets his man in , what will be the end game for Mordor . Casino , Hotel , Theme park , Mosque , Tesco , Asda or an industrial retail park. Or will Hector hang on to Mordor for a few years and sell it to pay off the creditors, after the dark side are long consigned to life in the 3rd division What's the smart money on at the bookies. 0 Quote Link to comment Share on other sites More sharing options...
Owsley Posted May 23, 2012 Share Posted May 23, 2012 In civil law cases like the Big Tax Case, all HMRC would have to prove is that on the balance of probabilities, Rangers probably defrauded the taxpayer. (Thinks about content of documentary) They're boned. That's a big flaming jobby parcel on the SFA's doorstep too, given how they reacted to Whyte spending the PAYE money. Can't see UEFA being that understanding either. Agreed, this is miles bigger. What to do, what to do... Ach, go for expulsion, it was heading that way anyway. 0 Quote Link to comment Share on other sites More sharing options...
Caff Posted May 23, 2012 Share Posted May 23, 2012 1337806410[/url]' post='6266419']Apologies if already posted. This made me laugh out loud. https://twitter.com/...#!/leesimpson55 if that joanna lumley bird had just gave that walloper murray a blowy all them years ago we might not be going through this Fantastic. So, are we never going to find out what the deal with Banstead was about? Man, this is like watching Lost all over again. Too many unanswered questions. 0 Quote Link to comment Share on other sites More sharing options...
DAFC Posted May 23, 2012 Share Posted May 23, 2012 Murray should go to jail. 0 Quote Link to comment Share on other sites More sharing options...
Drooper Posted May 23, 2012 Share Posted May 23, 2012 Within the next day or so, we can anticipate the D&P exit strategy, accompanied with a statement to the effect that the are: "....withdrawing on the basis that the unsubstantiated allegations made against us in a BBC documentary have undermined our ability to continue to effectively discharge the duties associated with the role of adminstrator. The allegations are an unwarranted distraction, and we must prioritise the interest of the creditors, and, as such, the future sustainability of Rangers Football Club. It is with considerable regret, therefore, that we have opted to withdraw our services at this time. Notwithstanding this, we can confirm that we will be seeking legal redress in the most strenuous manner....." *slither, slither....* 0 Quote Link to comment Share on other sites More sharing options...
Disco Duck Posted May 23, 2012 Share Posted May 23, 2012 Within the next day or so, we can anticipate the D&P exit strategy, accompanied with a statement to the effect that the are: "....withdrawing on the basis that the unsubstantiated allegations made against us in a BBC documentary have undermined our ability to continue to effectively discharge the duties associated with the role of adminstrator. The allegations are an unwarranted distraction, and we must prioritise the interest of the creditors, and, as such, the future sustainability of Rangers Football Club. It is with considerable regret, therefore, that we have opted to withdraw our services at this time. Notwithstanding this, we can confirm that we will be seeking legal redress in the most strenuous manner....." *slither, slither....* You should be a lawyer 0 Quote Link to comment Share on other sites More sharing options...
ray_of_licht Posted May 23, 2012 Share Posted May 23, 2012 Are P & B-ers just posting on there non-stop now? No-one could REALLY be that thick and deluded, surely? Ah, you might have a point there. Same guy is also saying Alaistair Johnston is the man to save the club by presenting the new administrators with the millions that fans will provide. Damn P&Bers 0 Quote Link to comment Share on other sites More sharing options...
Disco Duck Posted May 23, 2012 Share Posted May 23, 2012 (edited) What a thread. 30,000 posts and we're still on a wave. Are we smug and self-referential? Fucking right. Are we kicking them when they're down? Sure. Is it fun? Oh yus. Edited May 23, 2012 by Disco Duck 0 Quote Link to comment Share on other sites More sharing options...
ray_of_licht Posted May 23, 2012 Share Posted May 23, 2012 Dammit 0 Quote Link to comment Share on other sites More sharing options...
Steve McQueen Posted May 23, 2012 Share Posted May 23, 2012 Is that 30,000 posts? 0 Quote Link to comment Share on other sites More sharing options...
Caff Posted May 23, 2012 Share Posted May 23, 2012 1337806804[/url]' post='6266447']I know this is stating the bleedin' obvious - but the very moment it looked like Whyte actively wanted Haudit & Daudit - every single P&B poster collectively went 'WTF!' We had them sussed the moment, the instant, the nano-second we heard that the stand up guy wanted them. Then their never-ending 'negotiations' with the players, ZERO compulsory redundacies, elastic deadlines... Fcuk me sideways with a limbless Joanna Lumley - Stevie Wonder could have seen through those two. Ran out of greenies but this deserved one. 0 Quote Link to comment Share on other sites More sharing options...
chrismcarab Posted May 23, 2012 Share Posted May 23, 2012 Are P & B-ers just posting on there non-stop now? No-one could REALLY be that thick and deluded, surely? Ok, time to fess up someone - who is Dennis? This has to be a wind up Dennis QUIS SEPARABIT IS OUR MOTTO Group: True Blue Topics: 387 Posts: 10,266 Rep: 324 Joined: 12-May 09 Gender: Male Location: OUR ONLY CRIME IS LOYALTY Posted Today, 09:00 PM Could we not make a weekend of it and protest at Downing st, via Soho. 0 0 Quote Link to comment Share on other sites More sharing options...
Araminta Moonbeam QC Posted May 23, 2012 Share Posted May 23, 2012 Ah, you might have a point there. Same guy is also saying Alaistair Johnston is the man to save the club by presenting the new administrators with the millions that fans will provide. Damn P&Bers Was that the same guy that rang Clyde SSB and proposed giving all the ST money to SuperAlly, Watty and Sandy Jardine? 0 Quote Link to comment Share on other sites More sharing options...
barrysnotter Posted May 23, 2012 Share Posted May 23, 2012 Anyone who is underwhelmed obviously doesn't understand the significance of some of the "revelations". Not every detail/consequence was spelled out. It appears the BBC has enough evidence to make a series on Rangers misdemeanours. That alone is hugely significant. 0 Quote Link to comment Share on other sites More sharing options...
HibeeJibee Posted May 23, 2012 Share Posted May 23, 2012 Murray should go to jail. Thing is - such is the society we live in - has he done anything that's illegal? He ran-up huge debts with a bank, then wasn't able to pay them back properly - then sold one of his assets to someone for £1. Even if the EBT thing ever reached the point of criminal prosecution, he's probably far enough insulated from it's implementation - or could plead he thought he was behaving legally. 0 Quote Link to comment Share on other sites More sharing options...
Gerstly Borate Posted May 23, 2012 Share Posted May 23, 2012 (edited) For those disappointed (or even pleased) that the programme was a little tame, or light on explicit detail, don't forget that the BBC lawyers are notoriously cautious. Nothing that could possibly prejudice any ongoing legal investigation would have been permitted on air. Nothing that could see the BBC paying $ in a libel case would have been broadcast. Usually in complex investigations such as the whole sordid RFC episode, journalists are drip-fed information from knowledgeable sources, stuff that ethics permit only to be used when there's 100% proof and no risk of legal shenanigans. Aficionados of 'All The Presidents Men' will see parallels here. Does the fourth estate have juicier stuff yet to officially see the light of day? I'd put my house on it. Also, don't forget that this was a primetime BBC documentary targeted at a broad swathe of audience, not anoraks (such as me) who spend far too long reading this thread. Made certain details far more prominent in the public consciousness, which can only be a good thing. (edited for typos) Edited May 23, 2012 by Gerstly Borate 0 Quote Link to comment Share on other sites More sharing options...
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