Rangers FC lodge papers to go into administration

Courtesy of 'Celtic Research' of the Twitter.

Today's documents show that Billy Dodds earned £190,000 by way of EBTs.

On 2nd March this year he seems to deny it.

http://soundcloud.com/celticresearch/ebt-dodds/s-ItEEn

Jelle1880 wrote: »

I agree with Dempsey, Dodds is a bit thick, I'm sure he just got money weekly/monthly and never questioned it.

...and if that's the case then you've lost your appeal in the Big Tax Case!!!

What do you make of this Jelle? You honestly saying you knew about all this already?

http://www.celticquicknews.co.uk/

There is so much material to wade through as a result of the excellent BBC documentary, Rangers – The men who sold the jerseys.  Much of it is of only passing interest to us, although we will examine it in more detail in the days to come, one part, however, concerns Celtic and Celtic fans more any anyone else in Scotland.

BBC have evidence that the following players had side letters contracting payment to Employee Benefit Trusts:

Alex Rae, Arthur Numan, Barry Ferguson, Carlos Cuellar, Christian Nerlinger, Craig More, Dado Prso, Dan Eggen, Egil Ostenstad, Fernando Ricksen, Gavin Rae, Gregory Vignal, Jean-Alain Boumsong, Jerome Bonnissel, Julien Rodriguez, Kris Boyd, Lorenzo Amoruso, Kevin Muscat, Libor Sionko, Marvin Andrews, Michael Ball, Mikel Arteta, Michael Mols, Nacho Novo, Paolo Vanoli, Pedro Mendes, Neil McCann, Olivier Bernard, Peter Lovenkrands, Ronald De Boer, Sasa Papac, Ronald Waterreus, Sotirios Kyrgiakos, Stefan Klos, Steven Davis, Steven Thompson, Thomas Buffel and Zurab Khizanishvilli

Scottish FA registration procedures are clear:

Rule 2.2.1

Unless lodged in accordance with Procedures Rule 2.13 a Non-Recreational [professional] Contract Player Registration Form will not be valid unless it is accompanied by the contract entered into between the club concerned and the player stating all the terms and conditions in conformity with the Procedures Rule 4.

“Will not be valid” being the key point.

The SFA’s Articles of Association also say:

Furthermore, all payments, whether made by the club or otherwise, which are to be made to a player solely relating to his playing activities must be fully recorded within the relevant written agreement with the player prior to submission to this Association and/or the recognised football body of which his club is in membership.

Article 98 states:

A club making payment of any kind to a player, either amateur or professional, must obtain from the player a written receipt for the same showing details of the payment, and any club under the jurisdiction of the Association must produce such receipts to the Association when called upon to do so. For a player registered by means of a Full Professional Form, a club must produce on request receipts for the wages paid to him in terms of his agreement lodged with the Association.

Documentary evidence exists that Rangers played 38 players with invalid registrations between 2000 and 2010 (the last year financial information is available for Rangers) .  Results from all games involving these players, which is all games Rangers have played since 2000, are void.

I am sure the BBC will forward all evidence to the SFA and SPL for investigation.

You were cheated out of five league championships.  Fortunately, evidence exists and the history books will be rewritten.

The SFA and SPL must immediately take action.  A statement must be made this morning reflecting the gravity of the situation and reassuring fans that our game’s administrators are able to deal with this matter.

12-in-a-row!  Who would have thought it!

Just a quick comment on Juninho. Juninho had an EBT for a short period while he was at Celtic. He had no side letters or contracts from Celtic and tax was paid on money paid into the EBT. ‘Nothing to see here’.

Jelle1880 wrote: »

Yes, everybody was aware that certain players supposedly were partly paid by EBT's and had side letters about that, the BBC already mentioned that before they broadcasted this.

Don't pretend you don't take a look at RTC now and again

I'm still waiting for those side letters to be shown to the SFA though, and to the public if possible.

24 hours ago I thought such letters existed and that there was dual contracts.

Now the BBC have said they have proof that these exist and they have made astounding accusations to back it up. I believe that the BBC are right... and if they're not then I look forward to the court cases.

Dempsey wrote: »

The question now is, what actually puts the final nail in Rangers coffin because if D&P have breached regulations and are put through the wringer by the Insolvency Practitioners Association then they would probably have to go through the preferred bidder process again

Precisely the point I put to Jelle earlier.

Paul Murray was a director whilst these EBTs were being paid, he's got some cheek making these statements about Duff and Phelps considering his role in all this guff.