The decision

[GovanAllan 0]

£25,000 per year, given the size of the payments, doesn't seem too unreasonable.

 

Shouldn't matter what the payment was £1 or £100,000 its still the same paperwork, and both sides should've noticed was meant to be there.

[Scott7 6,002]

Good luck with getting the money out of the Liquidators.

[GovanAllan 0]

Maybe someone should be asking the SPL why they spent so much money on a case they claimed was worthy of title stripping when its seems to have been obvious from the off that it was just a case of lost paperwork.

[Bluedell 5,624]

Shouldn't matter what the payment was £1 or £100,000 its still the same paperwork,

 

There's a difference between not disclosing a £100 Christmas bonus and £47.9 million of payments.

 

 

and both sides should've noticed was meant to be there.

 

The onus was on Rangers to disclose them, hence the fine, but questions have to be asked why the SFA/SPL didn't pick it up sooner, given that they were clearly disclosed in the club's accounts.

[Steve1872 4]

Rangers FC Official‏@RFC_OfficialSPL EBT Commission Statement: http://bit.ly/YIM9xH #RFC

[SteveC 150]

Charles has just done so. :-D

[stewarty 2,025]

Well said by Big Chuck.

 

Wonder what BDO have got to say for themselves.

[stewarty 2,025]

On the point of BDO, and maybe someone with Insolvency legislation knowledge could help [note to any Timmy lurkers - that means you!]?

 

For example, oldco is in liquiidation and no longer is owner of rangers football club. Therefore, why should it recognise the fine imposed by a trade body for which it no longer has any dealings with?

[Tannochsidebear 2,405]

When the EBT's were quite clearly identified in the club accounts each and every year, why did nobody at the SFA/SPL ever think to ask club officials at the time why there was no mention of any EBT's in the player registrations contracts, when the club was clearly paying out a lot of money in this way.

 

Every single Autumn when the club accounts came out, the SPL, if doing their job properly, should have been on the case. That they havent done so says that they obviously didnt think it merited anything of note until we went into administration and we were at our weakest point.

 

Then the scumbags, led by our biggest rivals CEO and ably assisted by his friend the CFC/SPL laywer, decided to try to do everything in their power to kill off our club.

 

If this indeed is the last throw of the dice by them then so be it. But we will never forget the last year and all they have done. Regan and Doncaster should be removed from office immediately for their involvement in the events of the last year which tried to take our titles away, our transfer activities away, our league position away.

[The Real PapaBear 0]

let me see if I understand this.

 

The rule which we are deemed to have breach was designed to prevent irregular payments to players.

The payments we made were found not to be irregular and were all legal and above board.

 

For not bringing these legal and regular payments to the attention of the authorities, we are to be fined one quarter of a million pounds despite those payments being entirely legitimate?

 

is that about it?

 

We did nothing wrong, get fined 250,000 and people seem to think we've won?