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Old 09-13-2012, 07:11 PM   #107
soi 2

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The quest to change history is gathering pace now. The Celtic propaganda machine and their puppet journalists are firing on all cylinders. This is the start of the Lord Nimmo Smith inquiry. Should Rangers be stripped of league titles and honours ?

Charles Green the Ranger's chairman's response -

http://www.vanguardbears.co.uk/index...reen-statement


The Rangers Football Club Limited will not attend tomorrow’s hearing (Tuesday, September 11) of the SPL-appointed Commission investigating the circumstances surrounding the use of Employee Benefit Trusts by previous owners of the Club. The Club cannot continue to participate in an SPL process that we believe is fundamentally misconceived.


Neither the SPL, nor its Commission, has any legal power or authority over the Club because it is not in the SPL. For that reason it has no legal basis on which to appoint its Commission. The Club ceased to be subject to the SPL’s rules when it was ejected from its league. Our lawyers have made that point repeatedly to the SPL in correspondence and yet our requests for an explanation from the SPL have been completely ignored. The SPL’s silence on these issues is deafening. The outcome of the SPL’s process will have no legal effect.

Furthermore, we ask the question genuinely. Why did the football authorities do nothing to address an issue that was public knowledge for at least two years, and was reported in the Club’s accounts for several years, before the Club went into administration and was subsequently taken over by new owners? HMRC contacted the SPL regarding EBT matters in October 2010, they met to discuss what documentation the Club had lodged with the SPL. Did the SPL launch an investigation? Did they appoint a Commission? Did they ask to see EBT correspondence? Did they ask any questions at all? No. They did absolutely nothing.


Why is the SPL rushing to judgement now when it has been sitting on the matter for 2 years? Their haste is particularly difficult to understand when the tax tribunal judgement is imminent. The factual issues in both cases are identical. We have to ask why is the SPL so anxious to issue a judgement in this matter before the tax tribunal’s findings are made public. The position is even harder to understand when one of the reasons the SFA did not pursue any form of disciplinary charge on EBT matters following Lord Nimmo Smith’s April report was because it was felt unwise for the SFA to pursue the matter when the tax tribunal judgement had not been made public. Nothing has changed as the judgement still has not been made public. Why is the SPL rushing ahead when in April the SFA felt it unwise to do so?

Rangers was not the only club in Scotland to use EBTs yet nothing was done and little has been heard about it. Also, Rangers stands accused of achieving sporting advantage unfairly – yet there is little debate over the fact in all the years EBTs were in existence at Ibrox, the Club often failed to win either the league title, or the main cup competitions. Furthermore, the period concerned saw a significant downsizing of the playing squad both in money spent on transfers and players wages.
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