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Rangers awaiting EBT verdict

The hearing set up to investigate payments made to Rangers players over an 11-year period has concluded after three days.

Last Updated: 02/02/13 at 10:47 Post Comment

The three-man independent commission, chaired by Lord Nimmo Smith, heard evidence and submissions into alleged undisclosed payments between 2000 and 2011.

A decision will be issued in due course and if found guilty of wrongdoing by the panel, appointed by the Scottish Premier League, Rangers could be stripped of titles won during that period.

The probe was launched before the original Rangers company was consigned to liquidation and the newco club, which now play in the Scottish third division, have refused to recognise or be part of the investigation.

In a statement, the SPL said: "The Independent Commission... to determine issues concerning EBT payments and arrangements at RFC 2012 PLC (in liquidation) (formerly The Rangers Football Club Plc) and Rangers Football Club, heard evidence and submissions at a hearing on 29, 30 and 31 January 2013.

"The Commission has reserved judgement and will issue a full written decision in due course. Until that decision is issued no further comment will be made."

The payments centre on financial arrangements made by the Employee Benefit Trust scheme run by former Rangers owner Sir David Murray's company.

Murray International Holdings won its appeal in principle against a tax bill surrounding the EBTs, with most of the payments deemed to be loans.

Her Majesty's Revenue and Customs has since launched an appeal against the verdict.

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I

worry about these types of conclusions on a teams brilliance when it was very clear that Argentina had 4 chances where they really should have scored and on chances alone then it would have been the more pragmatic Argentinians who would be the best in the world. I like the Germany team but this just shows that even with planning it relies on a great deal of luck and finding your opponents at just the right time.

dryice
Reward At Last For Years Of Careful Planning

W

e all know the British public don't have the patience to plan for 14 years. No chance. As soon as our young players don't win the world cup they get harrassed and abused to the point of mental breakdown. No, England likes to react to failure by sacking the manager and tearing up their best laid plans in favour of something shiny and new to keep the knee jerkers happy.

HarryBoulton
Reward At Last For Years Of Careful Planning

G

lad Messi was player of the tournament, there was no-one more deserving. Except Robben. And James Rodriguez. Or Muller and half the Germany team etc etc

sailingmagpie
Golden Ball award for Messi

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