The Rangers soap opera goes on and on.

[Meadows]

Barry Ferguson liable for a hefty EBT tax bill is most pleasing !

[Blackford Hearts]

Is the money not held in trusts at the moment, so effectively like they put all their salary in their pension, but rather than waiting until age 65 the trusts will pay out sooner? Thus the nice big pots of cash that will be smaller when they get taxed...

Think its the opposite. They've all taken the cash out, with an undefined (never) repayment date of the interest free loan..

[alwaysthereinspirit]

Barry Ferguson liable for a hefty EBT tax bill is most pleasing !

He'll be fine. He must be on a fair wage as the Newco assistant coach? Oh yeah, I forgot he failed the spoken English part of the interview.

[Footballfirst]

Think its the opposite. They've all taken the cash out, with an undefined (never) repayment date of the interest free loan..

On reflection, the trusts may have negative balances, which represents the accrued interest on the loans.  I think the loans had a nominal 10 year repayment date, but the intention was always to roll them over.

 

If all went as planned, when the recipients died the loans + interest would be repayable from the estate of the deceased, thereby reducing any inheritance tax liability, but also that the full value of the trust could then be distributed to the deceased's family members who were originally designated as beneficiaries.

[upgotheheads]

As I understood it, it was always going to be the individuals (players and employees) who were pursued. The company may be liable as well but individuals will be the ones going bankrupt unless they've set aside a few ???'s from their kids inheritance

The re-emergence of Barry two-fingers on the BBC is a direct result of this. He'll be needing to earn a living when the 5h1t hits the fan.

Edited April 26, 2017 by upgotheheads

[Mysterion]

Barry Ferguson liable for a hefty EBT tax bill is most pleasing !

Billy Dodds too!

[Jambo-Jimbo]

Billy Dodds too!

 

Kris Boyd & Neil McCann as well.

[Shanks said no]

Alan Hutton

?364,000

 

Alex McLeish

?1.7m

 

Alex Rae

?569,000

 

Andrei Kanchelskis

?145,000

 

Andrew Dickson

?33,000

 

Arthur Numan

?510,000

 

Barry Ferguson

?2.5m

 

Bert Konterman

?300,000

 

Bert Van Lingen.

?65,000

 

Billy Dodds

?190,000

 

Bob Malcolm

?125,000

 

Campbell Ogilvie

?95,000

 

Carlos Cuellar

?448,255

 

Chris Burke

?55,000

 

Christian Nerlinger

?1.8m

 

Claudio Caniggia

Argentinian World Cup finalist signed from Dundee for ?1m in 2001. He played 50 times for Rangers.

?1m

No

Craig Moore

Australian centre-half played more than 90 games from 1994-1998. Returned in 1999 and stayed until 2005.

?1.1m

Yes

Dado Prso

Croatian striker was free transfer in 2004. Scored 50 goals in 108 games.

?1.9m

Yes

Dan Eggen

Norwegian central defender signed in 2003 from Spanish club Alaves. Did not appear for the first team.

?68,000

Yes

Sir David MurrayOwned club

Ownership period from 1988-2011 saw club win 15 titles and 26 cups. Sold shares to Craig Whyte for ?1.

?6.3m

No

Dick Advocaat

Rangers manager from 1998-2002. Spent almost ?74m to win five trophies, including two titles.

?1.5m

No

Douglas Odam

Finance director for 15 years. Left club in 2003 to take up a role within Sir David Murray's business empire.

?119,000

No

Egil Ostenstad

Norwegian forward signed from Blackburn on free transfer in 2003. Played only 11 matches for the Ibrox club

.?370,000

Yes

Fernando Ricksen

Dutch right-back signed in 2000 from AZ Alkmaar for ?3.75m. Scored 13 times in 182 games. Left in 2006.

?684,225

Yes

Federico Nieto

Argentinian striker joined on loan deal in 2005 from Almagro. Scored once in three matches played.

?24,500

No

Gavin Rae

Midfielder joined Rangers from Dundee in 2004 for a fee of ?250,000. Transferred to Cardiff in 2007.

?376,000

Yes

George Adams

Ex-player was head of youth development between 2003-2005. Now director of football at Ross County.

?30,000

No

Graeme Souness

Player/manager of Rangers from 1986-1991. Went on to manage Liverpool, Newcastle and Blackburn.

?30,000

No

Gregory Vignal

French defender joined on loan from Liverpool in 2004 and played 43 times. Joined Portsmouth in 2005.

?173,000

Yes

Ian McGuinness

Ibrox club doctor was sacked after Paul Le Guen left. Moved on to Newcastle United and then joined Aston Villa.

?25,400

Yes

Ian Murray

Midfielder was free transfer from Hibernian in 2006. Played 43 games. Joined Norwich City in 2007.

?95,000

No

Jan Wouters

Former Dutch midfielder joined as a coach under Dick Advocaat, then Alex McLeish. Left in 2006.

?285,000

Yes

Jean-Alain Boumsong

French centre-half joined in 2004 on free transfer. Signed for Newcastle in ?8m deal after just 18 games.

?630,000

Yes

Jerome Bonnissel

French left-back who arrived in 2003 from Bordeaux. Played three games before joining Fulham.

?48,000

Yes

Jesper Christiansen

Danish goalkeeper signed in 2000 as injury cover.Played just three times for Rangers and left in 2004.

?320,000

No

Joel Le Hir

Paul Le Guen appointed physiotherapist from 2006-2007. Now with Le Guen at Oman national team.

?28,275

Yes

John Greig

Played for club from 1961-1978. Went on to manage Rangers from 1978-83. Later became a director.

?40,000

No

John McClelland

Appointed a director in 2000. Was chairman from 2002-2004. Resigned as non-executive director last year.

?225,000

No

Julien Rodriguez

French centre-half signed from Monaco in 2005 for ?1m. Played 34 matches then left for Marseille in 2007.

?638,000

Yes

Kevin Muscat

Australian defender joined from Wolves in 2002 on free transfer. Played 22 games. Joined Millwall in 2003.

?1m

Yes

Kris Boyd

Signed from Kilmarnock in 2006 for ?500,000. Scored 101 goals. Joined Middlesbrough in 2010.

?215,000

Yes

Libor Sionko

Czech midfielder signed from Austria Vienna in 2006. Played 18 matches. Joined Copenhagen in 2007.

?178,000

Yes

Lorenzo Amoruso

Italian defender cost ?4m from Fiorentina in 1997. Moved to Blackburn Rovers for ?1.4m in 2003.

?639,000

Yes

Martin Bain

Chief executive of Rangers from 2005-2011. Resigned after David Murray sold club to Craig Whyte for ?1.

?249,000

No

Marvin Andrews

Centre-half from Trinidad and Tobago joined from Livingston in 2004. Played 43 matches, scoring four times.

?316,025

Yes

Maurice Ross

Played 78 games for Rangers from 2000-2005, scoring twice before moving to Sheffield Wednesday.

?120,000

No

Michael Ball

English left-back signed from Everton in 2001 for ?6.5m. Played 55 games. Joined PSV Eindhoven in 2005.

?1.4m

Yes

Michael Mols

Dutch striker joined Rangers under Dick Advocaat. He arrived in 1999 and spent five years at Ibrox.

?260,000

Yes

Mikel Arteta

Spanish midfielder joined in 2002 and played 50 matches, scoring 12 goals. Moved to Everton.

?674,603

Yes

Nacho Novo

Spanish striker joined in 2004 from Dundee for ?450,000. Played 178 games in six years, scoring 47 times.

?1.2m

Yes

Neil McCann

Winger joined from Hearts in 1998 for ?2m and played over 100 games. Now a media pundit for Sky Sports.

?500,000

Yes

Nuno Capucho

Portugal winger who arrived in 2003 for ?700,000. Featured in 22 games, scoring five goals.

?970,000

No

Olivier Bernard

French defender arrived on a free transfer in 2005 via Lyon and Newcastle. Played nine times.

?224,000

Yes

Paolo Vanoli

Italian left-back joined from Bologna in 2003 and played in 28 matches for Rangers, scoring once.

?592,000

Yes

Paul Le Guen

French manager replaced Alex McLeish in 2006. Left in January 2007 after a string of poor results.

?201,250

Yes

Pedro Mendes

Portuguese midfielder joined in 2008 for ?3m. Played 39 games and joined Vit?ria Guimar?es in 2010.

?1m

Yes

Peter Lovenkrands

Danish winger arrived in 2000 from Akademisk Boldklub for ?1.3m. Played 129 games and scored 37 times.

?902,000

Yes

Robert Reilly

Robert Reilly was Rangers' commercial director and helped generate income for the Ibrox club.

?105,000

No

Ronald De Boer

Dutch midfielder joined in 2000 under Dick Advocaat. Scored 39 goals in four years for the club.

?1.2m

Yes

Ronald Waterreus

Dutch goalkeeper joined Rangers in 2004 from Manchester City. Played 49 matches for the Ibrox club.

?510,000

Yes

Sasa Papac

Bosnian left-back arrived in 2006 from Austria Vienna for ?450,000. Played 161 games. Left in May 2012.

?319,000

Yes

Sotirios Kyrgiakos

Greek centre-half signed from Panathinaikos in 2005. Left in 2006. Played 54 matches and scored once.

?532,200

Yes

Stefan Klos

German keeper signed in 1999 for ?800,000. Played over 200 times. Left in 2007.

?2m

Yes

Stephane Wiertelak

French fitness/physiotherapy coach joined Rangers in 2006 under Paul Le Guen. Now works at Rennes.

?28,275

Yes

Steven Davis

Northern Ireland midfielder and club captain. Played more than 140 times, scoring 17 goals for Rangers.

?600,000

Yes

Steven Smith

Defender came through youth ranks and made debut in 2004. Moved to Norwich then on to US side Portland Timbers.

?7,500

No

Steven Thompson

Joined from Dundee Utd in 2003 for ?200,000. Left Rangers in 2006 to join Cardiff City.

?485,000

Yes

Tero Penttila

Finnish defender joined in 1999 for ?300,000 from Haka Valkeakoski. Left Rangers in 2002 to join HJK Helsinki.

?140,000

No

Thomas Buffel

Belgian midfielder joined in 2005 for ?2.3m from Feyenoord. Scored 11 goals and left in 2008.

?1.2m

Yes

Tore Andre Flo

Norwegian striker joined from Chelsea in 2000 for ?12m. Scored 39 times for Rangers. Sold for ?6.75m to Sunderland in 2002.

?1.3m

No

Yves Colleau

Former French midfielder served as assistant to Paul Le Guen at Rennes, Lyon and Rangers from 2006-2007.

?106,200

Yes

Zurab Khizanishvili

Georgian defender joined on a free transfer from Dundee in 2003. Moved from Rangers to Blackburn Rovers in 2005.

?405,000

Y

Edited April 26, 2017 by godandgorgie2012

[CollyWolly]

HMRC won the court of appeal case and it's BDO who are trying to get it overturned in the Supreme Court and that's what makes a massive difference, because Rangers' use of EBT's have already been declared illegal by the courts, which makes what David Murray said today all the more significant. 

The LNS decision is at this moment in time not worth the paper it's written on, mind it never was because LNS didn't have all of the information.

The final and ultimate decision as to whether they are legal or not will be taken by the supreme court (appeal) If HMRC LOSE that appeal then EBT's are, for the purposes of this event, legal.

[Diadora Van Basten]

Papers all giving Murray an easy ride. No mention of EBTs, he wouldn't have done the deal if he knew money came from Ticketus and financial position not that bad apparently.

[Diadora Van Basten]

The final and ultimate decision as to whether they are legal or not will be taken by the supreme court (appeal) If HMRC LOSE that appeal then EBT's are, for the purposes of this event, legal.

Not a chance that HMRC will lose.

[buzzbomb1958]

Not a chance that HMRC will lose.

After todays arrests in England and France looks like hmrc mean business,even going after agents and players for transfer monies being diverted through offshore accounts etc.A lot of people will be covering their tracks

[Jambo-Jimbo]

The final and ultimate decision as to whether they are legal or not will be taken by the supreme court (appeal) If HMRC LOSE that appeal then EBT's are, for the purposes of this event, legal.

 

Equally if the Supreme Court upholds the appeal court's decision then the Rangers EBT's will remain illegal.

[Mysterion]

Pedro Mendes is playing the long game here... got the EBT money years ago... returns to the scene years later as the agent of Pedro... rumoured to be a rep for a number of players who could be coming to NewRangers.

 

He'll get his cut in agents fees via money paid out by NewRangers in order to save up and pay the taxman...

[Unknown user]

HMRC want their cake and eat it too, so they are attacking the issue from both sides.

 

The employer is always liable for PAYE because it is their responsibility for deducting the Tax at source and submitting it to HMRC. It is also the reason that HMRC is claiming ?72m in respect of the big tax case as a creditor of the oldco.

 

It is a new initiative that they also want the ability to pursue the recipients individually

I'd question that.

 

A friend of mine was on student tax code at his work for ten years despite never being a student. He's a drunk, and he never once looked at his payslips until he wanted a mortgage.

 

When the revenue realised and caught up, it wasn't the employer who had to pay it back, it was my mate - after all he's the one who hasn't paid his tax, deliberately or otherwise. I believe the employer was admonished, but at the end of the day my mate was responsible for paying the tax, and he's still paying it back

[Blackford Hearts]

Your friend would have a duty to advise his employer of his tax code, usually through a P45 from previous employer. He would be liable for his tax payment, via self assessment. If he said he was a student then his employer would tax him based on what he said, though 10 years is some Uni course!!!

[CollyWolly]

Equally if the Supreme Court upholds the appeal court's decision then the Rangers EBT's will remain illegal.

correct. apologies. i was just clarifying what i meant earlier

[Pans Jambo]

Lovely positive spin of SDM's evidence on BBC Reporting Scotland this evening. He didnt know anything, had ?33m ready to buy sale shares and insisted that ?5m working capital should have been invested in rangers when he sold it. Nothing about cheating or EBT's. Funny that.

Edited April 26, 2017 by Pans Jambo

[Unknown user]

Your friend would have a duty to advise his employer of his tax code, usually through a P45 from previous employer. He would be liable for his tax payment, via self assessment. If he said he was a student then his employer would tax him based on what he said, though 10 years is some Uni course!!!

He didn't say he was a student, and I have to assume he started with a P46 (I'm a former revenue employee by the way) but that's entirely irrelevant.

The point is that although the employer made the mistake, my friend is the one who hasn't been taxed on his wages and is liable.

[Spellczech]

I'd question that.

 

A friend of mine was on student tax code at his work for ten years despite never being a student. He's a drunk, and he never once looked at his payslips until he wanted a mortgage.

 

When the revenue realised and caught up, it wasn't the employer who had to pay it back, it was my mate - after all he's the one who hasn't paid his tax, deliberately or otherwise. I believe the employer was admonished, but at the end of the day my mate was responsible for paying the tax, and he's still paying it back

I did a self-taught wee crash course in payroll once when I did a was project manager on a payroll system change. HMRC will not even talk to an employer about an individual's tax code. All employer can do is tell an employee to call HMRC if they spot a possibly incorrect tax code but bear no responsibility for it. It can take HMRC several months to correct an incorrect or temporary code even if the system has direct link to HMRC. I only told HR 3 months in that I had no payroll experience whatsoever! Haha

[Spellczech]

Your friend would have a duty to advise his employer of his tax code, usually through a P45 from previous employer. He would be liable for his tax payment, via self assessment. If he said he was a student then his employer would tax him based on what he said, though 10 years is some Uni course!!!

The sole purpose of a payslip is to summarise the tax treatment of a wage or salary. All other info like pension deductions is voluntarily shown info. Thus the responsibility of the employer stops at providing the employee with a payslip & annual P60 and the remittance of the deducted taxes. The tax code check and the responsibility for the tax deducted thereof being correct are responsibility of the individual. Of course if the employer has correct code but calculates incorrect amount of tax then that is a bit different and will have HMRC round at the door pretty quickly. If a business fails to deduct PAYE or NIC entirely ie by not paying the tax and NI on a shop voucher or other benefit in kind which can be easily valued and converted into cash then the business will be liable for this taxes plus interest.

 

BTW anyone starting a new job should take an interest in their first couple of payslips at least.

Edited April 26, 2017 by Spellczech

[Unknown user]

I suppose it depends how they're looking at things. In simplistic terms with example figures and tax charged at a flat rate of 40%;

 

Mr X received 60k via a rangers ebt

 

They could look at it as Mr X was paid 60k and is now due to be taxed @40% - Mr X owes 24k in tax.

 

 

Or

 

They could look at it as Mr X was paid 100k, but rangers withheld 40% for tax. Mr X ended up with the same 60k and isn't due any tax, but rangers are due the 40k they "withheld"

[milky_26]

I suppose it depends how they're looking at things. In simplistic terms with example figures and tax charged at a flat rate of 40%;

 

Mr X received 60k via a rangers ebt

 

They could look at it as Mr X was paid 60k and is now due to be taxed @40% - Mr X owes 24k in tax.

 

 

Or

 

They could look at it as Mr X was paid 100k, but rangers withheld 40% for tax. Mr X ended up with the same 60k and isn't due any tax, but rangers are due the 40k they "withheld"

now the fabled side letters would probably help clear that up

[davieholt]

now the fabled side letters would probably help clear that up

And this is the crux of it as far as the historical record is concerned. It doesn't matter whether ebts were legal or illegal. If they were not declared to the SFA they broke the rules of the game - deliberately. Teams have been thrown out of cup competitions for omitting to enter a date on a form by mistake!

 

The legality or otherwise of ebts only affects how much hmrc is entitled to from the old company's assets. It has no bearing on the rigging of league and cup competitions in the ebt years. The SFA has a lot to answer for

[jamie1874]

I'd question that.

 

A friend of mine was on student tax code at his work for ten years despite never being a student. He's a drunk, and he never once looked at his payslips until he wanted a mortgage.

 

When the revenue realised and caught up, it wasn't the employer who had to pay it back, it was my mate - after all he's the one who hasn't paid his tax, deliberately or otherwise. I believe the employer was admonished, but at the end of the day my mate was responsible for paying the tax, and he's still paying it back

Can I ask what is a student tax code? Is there such a thing?

 

Students pay the same tax as non students, just that they are likely in part time employment (probably low pay)so therefore they are unlikely to go above their PA.

[Blackford Hearts]

He didn't say he was a student, and I have to assume he started with a P46 (I'm a former revenue employee by the way) but that's entirely irrelevant.

The point is that although the employer made the mistake, my friend is the one who hasn't been taxed on his wages and is liable.

Apologies misread the student bit. It's irrelevant of course to the liability but not to the amount liable. As I understand it it's the employees liability to pay their tax not the employers, though I understand if he didn't know he'd be a bit p'd off.

 

Back on track about Rangers demise....Do you think that the former Rangers players with EBT liabilities could plead ignorance for the tax due?

[Unknown user]

Can I ask what is a student tax code? Is there such a thing?

 

Students pay the same tax as non students, just that they are likely in part time employment (probably low pay)so therefore they are unlikely to go above their PA.

This probably started 15 years ago now, maybe more, back then full time students didn't have to pay tax on their summer jobs but I don't think that's the case any more Edited April 26, 2017 by Smithee

[Unknown user]

Apologies misread the student bit. It's irrelevant of course to the liability but not to the amount liable. As I understand it it's the employees liability to pay their tax not the employers, though I understand if he didn't know he'd be a bit p'd off.

 

Back on track about Rangers demise....Do you think that the former Rangers players with EBT liabilities could plead ignorance for the tax due?

If hmrc decide they're liable, their ignorance is irrelevant. My mate was ignorant of the situation but he received wages and he was due tax on them, end of story.

[jamie1874]

This probably started 15 years ago now, maybe more, back then full time students didn't have to pay tax on their summer jobs but I don't think that's the case any more

That is correct, doesn't exist now but when their was a form to allow students not to pay tax over a summer holiday if it meant their annual pay was less than their PA at that time then the student had to complete and sign that declaration. Your drunk mate might have been at it, as the employer doesn't set the tax code, so HMRC coding notice at that time must have been done on the info they had from him unless they just made a complete balls up themselves (which might be the case)

[Dunks]

[niblick1874]

Alan Hutton

?364,000

 

Alex McLeish

?1.7m

 

Alex Rae

?569,000

 

Andrei Kanchelskis

?145,000

 

Andrew Dickson

?33,000

 

Arthur Numan

?510,000

 

Barry Ferguson

?2.5m

 

Bert Konterman

?300,000

 

Bert Van Lingen.

?65,000

 

Billy Dodds

?190,000

 

Bob Malcolm

?125,000

 

Campbell Ogilvie

?95,000

 

Carlos Cuellar

?448,255

 

Chris Burke

?55,000

 

Christian Nerlinger

?1.8m

 

Claudio Caniggia

Argentinian World Cup finalist signed from Dundee for ?1m in 2001. He played 50 times for Rangers.

?1m

No

Craig Moore

Australian centre-half played more than 90 games from 1994-1998. Returned in 1999 and stayed until 2005.

?1.1m

Yes

Dado Prso

Croatian striker was free transfer in 2004. Scored 50 goals in 108 games.

?1.9m

Yes

Dan Eggen

Norwegian central defender signed in 2003 from Spanish club Alaves. Did not appear for the first team.

?68,000

Yes

Sir David MurrayOwned club

Ownership period from 1988-2011 saw club win 15 titles and 26 cups. Sold shares to Craig Whyte for ?1.

?6.3m

No

Dick Advocaat

Rangers manager from 1998-2002. Spent almost ?74m to win five trophies, including two titles.

?1.5m

No

Douglas Odam

Finance director for 15 years. Left club in 2003 to take up a role within Sir David Murray's business empire.

?119,000

No

Egil Ostenstad

Norwegian forward signed from Blackburn on free transfer in 2003. Played only 11 matches for the Ibrox club

.?370,000

Yes

Fernando Ricksen

Dutch right-back signed in 2000 from AZ Alkmaar for ?3.75m. Scored 13 times in 182 games. Left in 2006.

?684,225

Yes

Federico Nieto

Argentinian striker joined on loan deal in 2005 from Almagro. Scored once in three matches played.

?24,500

No

Gavin Rae

Midfielder joined Rangers from Dundee in 2004 for a fee of ?250,000. Transferred to Cardiff in 2007.

?376,000

Yes

George Adams

Ex-player was head of youth development between 2003-2005. Now director of football at Ross County.

?30,000

No

Graeme Souness

Player/manager of Rangers from 1986-1991. Went on to manage Liverpool, Newcastle and Blackburn.

?30,000

No

Gregory Vignal

French defender joined on loan from Liverpool in 2004 and played 43 times. Joined Portsmouth in 2005.

?173,000

Yes

Ian McGuinness

Ibrox club doctor was sacked after Paul Le Guen left. Moved on to Newcastle United and then joined Aston Villa.

?25,400

Yes

Ian Murray

Midfielder was free transfer from Hibernian in 2006. Played 43 games. Joined Norwich City in 2007.

?95,000

No

Jan Wouters

Former Dutch midfielder joined as a coach under Dick Advocaat, then Alex McLeish. Left in 2006.

?285,000

Yes

Jean-Alain Boumsong

French centre-half joined in 2004 on free transfer. Signed for Newcastle in ?8m deal after just 18 games.

?630,000

Yes

Jerome Bonnissel

French left-back who arrived in 2003 from Bordeaux. Played three games before joining Fulham.

?48,000

Yes

Jesper Christiansen

Danish goalkeeper signed in 2000 as injury cover.Played just three times for Rangers and left in 2004.

?320,000

No

Joel Le Hir

Paul Le Guen appointed physiotherapist from 2006-2007. Now with Le Guen at Oman national team.

?28,275

Yes

John Greig

Played for club from 1961-1978. Went on to manage Rangers from 1978-83. Later became a director.

?40,000

No

John McClelland

Appointed a director in 2000. Was chairman from 2002-2004. Resigned as non-executive director last year.

?225,000

No

Julien Rodriguez

French centre-half signed from Monaco in 2005 for ?1m. Played 34 matches then left for Marseille in 2007.

?638,000

Yes

Kevin Muscat

Australian defender joined from Wolves in 2002 on free transfer. Played 22 games. Joined Millwall in 2003.

?1m

Yes

Kris Boyd

Signed from Kilmarnock in 2006 for ?500,000. Scored 101 goals. Joined Middlesbrough in 2010.

?215,000

Yes

Libor Sionko

Czech midfielder signed from Austria Vienna in 2006. Played 18 matches. Joined Copenhagen in 2007.

?178,000

Yes

Lorenzo Amoruso

Italian defender cost ?4m from Fiorentina in 1997. Moved to Blackburn Rovers for ?1.4m in 2003.

?639,000

Yes

Martin Bain

Chief executive of Rangers from 2005-2011. Resigned after David Murray sold club to Craig Whyte for ?1.

?249,000

No

Marvin Andrews

Centre-half from Trinidad and Tobago joined from Livingston in 2004. Played 43 matches, scoring four times.

?316,025

Yes

Maurice Ross

Played 78 games for Rangers from 2000-2005, scoring twice before moving to Sheffield Wednesday.

?120,000

No

Michael Ball

English left-back signed from Everton in 2001 for ?6.5m. Played 55 games. Joined PSV Eindhoven in 2005.

?1.4m

Yes

Michael Mols

Dutch striker joined Rangers under Dick Advocaat. He arrived in 1999 and spent five years at Ibrox.

?260,000

Yes

Mikel Arteta

Spanish midfielder joined in 2002 and played 50 matches, scoring 12 goals. Moved to Everton.

?674,603

Yes

Nacho Novo

Spanish striker joined in 2004 from Dundee for ?450,000. Played 178 games in six years, scoring 47 times.

?1.2m

Yes

Neil McCann

Winger joined from Hearts in 1998 for ?2m and played over 100 games. Now a media pundit for Sky Sports.

?500,000

Yes

Nuno Capucho

Portugal winger who arrived in 2003 for ?700,000. Featured in 22 games, scoring five goals.

?970,000

No

Olivier Bernard

French defender arrived on a free transfer in 2005 via Lyon and Newcastle. Played nine times.

?224,000

Yes

Paolo Vanoli

Italian left-back joined from Bologna in 2003 and played in 28 matches for Rangers, scoring once.

?592,000

Yes

Paul Le Guen

French manager replaced Alex McLeish in 2006. Left in January 2007 after a string of poor results.

?201,250

Yes

Pedro Mendes

Portuguese midfielder joined in 2008 for ?3m. Played 39 games and joined Vit?ria Guimar?es in 2010.

?1m

Yes

Peter Lovenkrands

Danish winger arrived in 2000 from Akademisk Boldklub for ?1.3m. Played 129 games and scored 37 times.

?902,000

Yes

Robert Reilly

Robert Reilly was Rangers' commercial director and helped generate income for the Ibrox club.

?105,000

No

Ronald De Boer

Dutch midfielder joined in 2000 under Dick Advocaat. Scored 39 goals in four years for the club.

?1.2m

Yes

Ronald Waterreus

Dutch goalkeeper joined Rangers in 2004 from Manchester City. Played 49 matches for the Ibrox club.

?510,000

Yes

Sasa Papac

Bosnian left-back arrived in 2006 from Austria Vienna for ?450,000. Played 161 games. Left in May 2012.

?319,000

Yes

Sotirios Kyrgiakos

Greek centre-half signed from Panathinaikos in 2005. Left in 2006. Played 54 matches and scored once.

?532,200

Yes

Stefan Klos

German keeper signed in 1999 for ?800,000. Played over 200 times. Left in 2007.

?2m

Yes

Stephane Wiertelak

French fitness/physiotherapy coach joined Rangers in 2006 under Paul Le Guen. Now works at Rennes.

?28,275

Yes

Steven Davis

Northern Ireland midfielder and club captain. Played more than 140 times, scoring 17 goals for Rangers.

?600,000

Yes

Steven Smith

Defender came through youth ranks and made debut in 2004. Moved to Norwich then on to US side Portland Timbers.

?7,500

No

Steven Thompson

Joined from Dundee Utd in 2003 for ?200,000. Left Rangers in 2006 to join Cardiff City.

?485,000

Yes

Tero Penttila

Finnish defender joined in 1999 for ?300,000 from Haka Valkeakoski. Left Rangers in 2002 to join HJK Helsinki.

?140,000

No

Thomas Buffel

Belgian midfielder joined in 2005 for ?2.3m from Feyenoord. Scored 11 goals and left in 2008.

?1.2m

Yes

Tore Andre Flo

Norwegian striker joined from Chelsea in 2000 for ?12m. Scored 39 times for Rangers. Sold for ?6.75m to Sunderland in 2002.

?1.3m

No

Yves Colleau

Former French midfielder served as assistant to Paul Le Guen at Rennes, Lyon and Rangers from 2006-2007.

?106,200

Yes

Zurab Khizanishvili

Georgian defender joined on a free transfer from Dundee in 2003. Moved from Rangers to Blackburn Rovers in 2005.

?405,000

Y

How could so many people be involved and no one said a thing.

 

No way could this have been hidden.

 

Something would have come out and that would have been that.

 

To begin with the tic would have been all over that and that would have been that.

 

If this was true I am going to look stupid for calling people delusional

 

I am not going to look stupid.

 

It would be blatant cheating and the press would have been all over that.

 

Think of the headlines. Think of the sales.

 

There would be mayhem not to mention Armageddon.

 

If there was something untoward, I would have figured it out and a ten year old would have beaten me to it.

 

Somethings may not add up but some of the shit about refs is bull and goes along with the rest of the delusions they come out with.

 

The foul on McCoist  was inside the box.

 

More to be pitied than scolded.

[niblick1874]

And this is the crux of it as far as the historical record is concerned. It doesn't matter whether ebts were legal or illegal. If they were not declared to the SFA they broke the rules of the game - deliberately. Teams have been thrown out of cup competitions for omitting to enter a date on a form by mistake!

 

The legality or otherwise of ebts only affects how much hmrc is entitled to from the old company's assets. It has no bearing on the rigging of league and cup competitions in the ebt years. The SFA has a lot to answer for

Shut up.

[Paolo]

The final and ultimate decision as to whether they are legal or not will be taken by the supreme court (appeal) If HMRC LOSE that appeal then EBT's are, for the purposes of this event, legal.

Not declaring them and the side contracts, whether they are legal or not, was still in breach of SFA rules. so the players were still ineligible, meaning they were still cheating and gaining an unfair advantage.

[Jeff]

Feel quite bad for Ricksen if HMRC start hunting these guys for tax

[Paolo]

Terrible situation he's in, don't think anyone would disagree. However, if HMRC did start going after those who've profited, then sentiment shouldn't come into it.

It is tricky. He may be personally liable and that cannot be ignore, but he is suffering awfully badly, and this could make him worse, if that is possible.

 

HMRC probably should pursue him, but I hope it is gently and outwith the media. If of course he was a beneficiary of such a scheme.

[Footballfirst]

There's an article  detailing part of the exchange between Findlay and Murray yesterday, in today's Daily Record. I would consider it as pretty accurate as I remember it.  I think it is worth a read, if only to get a picture in your mind about how the questioning progressed.

 

http://www.dailyrecord.co.uk/news/scottish-news/ex-rangers-owner-sir-david-10303632

Edited April 27, 2017 by Footballfirst

[I.T.K]

Terrible situation he's in, don't think anyone would disagree. However, if HMRC did start going after those who've profited, then sentiment shouldn't come into it.

 

I feel sorry for a lot of players that were duped in to the system especial the foreign ones. I'm sure they were told EBT's were legal the chairman, club captain, and load of former big names players have them. 

[Yipeekaiyay]

There's an article detailing part of the exchange between Findlay and Murray yesterday, in today's Daily Record. I would consider it as pretty accurate as I remember it. I think it is worth a read, if only to get a picture in your mind about how the questioning progressed.

 

http://www.dailyrecord.co.uk/news/scottish-news/ex-rangers-owner-sir-david-10303632

The first paragraph already twisting the truth..... saying Whyte and SDM had 10 friendly text messages between them.

 

Wasnt it ten pages of text messages in evidence???

 

Sent from my GT-I9195I using Tapatalk

Edited April 27, 2017 by Yipeekaiyay

[Jeff]

I feel sorry for a lot of players that were duped in to the system especial the foreign ones. I'm sure they were told EBT's were legal the chairman, club captain, and load of former big names players have them. 

 

Would players agents not know anything of EBT's before signing the contracts? Surely they must have to have some sort of financial knowledge

[Brave Hearts]

Biggest recipient of an EBT ? Sir David "sweeky clean" Murray with ?6m.........

 

Biggest player recipient of an EBT ? Barry "monster munch" Ferguson with ?2.5m ..,.,.,,,

[Fraggle]

On a bit of a side note, but is QC Findlay not breaking the law in this picture?

[Deevers]

I feel sorry for a lot of players that were duped in to the system especial the foreign ones. I'm sure they were told EBT's were legal the chairman, club captain, and load of former big names players have them.

 

Not so sure about feeling sorry for them. They all employ accountants and financial advisors to help them with their big fat pay cheques. I'll bet most of them were warned that this whole scheme could well have pitfalls. I pay my dues as far as tax is concerned, I don't feel any sense of sorrow for those who don't.

[reaths17]

How could so many people be involved and no one said a thing.

 

No way could this have been hidden.

 

Something would have come out and that would have been that.

 

To begin with the tic would have been all over that and that would have been that.

 

If this was true I am going to look stupid for calling people delusional

 

I am not going to look stupid.

 

It would be blatant cheating and the press would have been all over that.

 

Think of the headlines. Think of the sales.

 

There would be mayhem not to mention Armageddon.

 

If there was something untoward, I would have figured it out and a ten year old would have beaten me to it.

 

Somethings may not add up but some of the shit about refs is bull and goes along with the rest of the delusions they come out with.

 

The foul on McCoist  was inside the box.

 

More to be pitied than scolded.

hahahahaha..................you got that wrong as many have pointed out.

 

 

even to this day, the press are still sucking murray's boaby.

[davieholt]

Shut up.

 

 

Righto

[Unknown user]

I feel sorry for a lot of players that were duped in to the system especial the foreign ones. I'm sure they were told EBT's were legal the chairman, club captain, and load of former big names players have them.

I don't think HMRC can enforce anything outside UK borders. The ones who still live in Britain should be shitting it but I'm not so sure about the others.

[Jambo-Jimbo]

How could so many people be involved and no one said a thing.

 

No way could this have been hidden.

 

Something would have come out and that would have been that.

 

To begin with the tic would have been all over that and that would have been that.

 

If this was true I am going to look stupid for calling people delusional

 

I am not going to look stupid.

 

It would be blatant cheating and the press would have been all over that.

 

Think of the headlines. Think of the sales.

 

There would be mayhem not to mention Armageddon.

 

If there was something untoward, I would have figured it out and a ten year old would have beaten me to it.

 

Somethings may not add up but some of the shit about refs is bull and goes along with the rest of the delusions they come out with.

 

The foul on McCoist  was inside the box.

 

More to be pitied than scolded.

 

David Murray had total control over every news story before it was published he got to see what was being printed (allegedly), the hierarchy at the SFA were all ex-Rangers men.

 

Your the conspiracy theorist, you work out what was going on, but a wee heads up, you won't find any of this stuff on infowars or Fox 'Fake' News.

[Jambo-Jimbo]

I don't think HMRC can enforce anything outside UK borders. The ones who still live in Britain should be shitting it but I'm not so sure about the others.

 

The alleged offences occurred in Britain so therefore come under British Tax Law, I would have thought.

 

As we saw yesterday HMRC worked with the French Authorities, including arrests in France.

Edited April 27, 2017 by Jambo-Jimbo

[stevie1874]

I feel sorry for a lot of players that were duped in to the system especial the foreign ones. I'm sure they were told EBT's were legal the chairman, club captain, and load of former big names players have them.

Players have agents and accountants who would have advised them on this. If you pay the wrong tax Hmrc will send a bill to you and not your employer if you're owe them money, even if your employer works out your tax.

[Homme]

The Rangers fans will look after Ricksen and his family like they have already been doing.

[John Findlay]

There is far more to come on this. There will be a few backsides starting to twitch.

Let us not forget this trial is scheduled to run for twelve weeks. That is at the least upto the end of June.

Personally I believe there is going to be a fair bit of fallout from this and I wouldn't be surprised if Reagan and Doncaster are out of jobs come August. There will be others too.

As for Sevco. Going to the wall again is for me a strong possibility.

They won't be playing in Europe next season.