Hi comradeAs a Tim;
Do youse honestly think that David Murray, who operated the scheme on behalf of his Murray Group, would have not bought these players? The same Murray who ladened Rangers with £80m worth of debt. Murray did whatever he wanted as he had the Murray Empire at his back. The scheme was legal and administered by Murray Group incorrectly.
The liability lay with Murray until Craig Whyte decided to take the liability off his hand for one pound sterling.
Rangers did not break the law, HMRC looked at it retrospectively and decided that the staff who were paid via the Trust to avoid tax, should have paid tax.
Looking closer to our Club, Celtic.
Celtic paid Brazilian Juhinho via an EBT - the fact that they paid the tax due does not matter if we are discussing the morality of said scheme.
Celtic couldn't afford Robbie Keane and had to pay his wages via Dermond Desmort - "money they couldn't afford".
Then we look at M'well, Dundee and Hearts, all Hun teams and look how much they bumped HMRC for... fkin Hearts left everycunt penniless and were administered by an Eastern European crime syndicate by all accounts and left Lithuianain tax payers with a bust bank ffs.
Then we go with side-letters... did these make a difference to how well they played or how badly we played? We are already despised in both Poland and Switzerland after being comprehensively beaten by Legia and Sion then getting the result turned around on a technicality which had zero bearing on the results.
Sometimes I am ashamed at being a Celtic fan.
HH
In fact Murray used this legal scheme illegally. Technically he didn't use an EBT at all as the money paid out should have been a loan but, as the numerous side letters prove, they were not loans but earnings.
It doesn't matter if Rangers COULD have just paid the money. They, in full knowledge of what an EBT was, hid earnings from the tax man. To do this they had to defraud the SPL by lying in the registration if their players contracts.
Juninho had an EBT. But did he have a side letter?
The side letter or second contract is a major issue in this as without it there is no case.
Thanks bud.

