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

More of the games that matter

Upgrade in minutes or watch with a NOW TV Day Pass.

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.

More of the games that matter

Upgrade in minutes or watch with a NOW TV Day Pass.

Related News

Most Commented

Readers' Comments

Y

ou can't blame De Gea for wanting to leave, he has enough to do in front of goal as it is as well as taking on the role of Man Utd's version of Derek Acorah in trying to contact and organise a defence that isn't there.

rodger's gusset
Van Gaal downbeat on De Gea

I

f you want to take six points off Arsenal, then that's a great strike force. Can't imagine either of them showing much for the rest of the season though...

foot in mouth
Adebayor & Berbatov: You Have To Admire The Balls

L

ooks like Real get their man, most likely at their own valuation, yet again. Resistance is futile.

paul7702
Van Gaal downbeat on De Gea

Footer 365

Leicester agree club-record fee for Charles Aranguiz

Leicester are discussing terms with Charles Aranguiz after agreeing a club-record £10.5m fee with Internacional.

Andre Pirlo backs Liverpool's Mario Balotelli to prove his potential

Andrea Pirlo thinks Mario Balotelli can still be one of the "top forwards in Europe" despite his struggles at Liverpool.

West Brom reject approach from Aston Villa for Joleon Lescott

West Brom have rejected an approach from Aston Villa for central defender Joleon Lescott, according to reports.

Mail Box

Neville Has It Wrong On Chelsea...

One Mailboxer says that the Neviller has it slightly wrong on Chelsea. Plus thoughts on sexy Saints, pre-season reviews, Connor Wickham and televised analysis...

De Gea Disrespectful? Remember RVP...

We got dozens of mails from people pointing and laughing at Brian D for suggesting David de Gea has acted disrespectfully; we printed some. And there's more...

© 2015 Sky Ltd. All Rights Reserved A Sky Sports Digital Media company