Gilt-Edged Justice


Below is the draft letter that I plan to send …

Comment on Gilt-Edged Justice by justshatered.

Below is the draft letter that I plan to send to the Chief Executive of my club:

I’m writing to you as Chief Executive of the company in which I hold shares to express my extreme displeasure at the result of the independent tribunal into ‘dual contracts’ conducted by Rangers Football Club. Never has such an overwhelmingly guilty verdict been accompanied with such a lenient sentence.

As a shareholder I’m concerned that the company in which I hold shares has had its share price, and consequently my dividends, affected by at best dubious practices.

As Chief Executive I would like to enquire what Celtic Football Club intend to do to rectify this situation on behalf of their shareholders?

While the club made a statement with regards to the sentence of Lord Nimo Smith’s enquiry in my mind it came nowhere near what the support expected.

I would also like to enquire why Celtic Football Club have not called for a vote of no confidence in the Chief Executives of both the SPL or SFA who have, at virtually every turn, talked down the sport which they are supposed to protect?

I’m also at a loss to understand how Campbell Ogilvie, the President of the SFA, remains in post considering he has been on the executive boards of two clubs; one of which is in the process of liquidation and the other in severe financial distress. In my mind that makes his position untenable.

While I’m a shareholder I am also a season ticket holder of almost twenty years and I must say that I have never felt so uncomfortable, as I currently feel, in attending football games. This is because the sport I love has not been played on a level playing field for the last decade and possibly even longer than that.

Once again the spectre of ‘The Rangers’ being promoted into the SPL is being mooted within the media. This is, to me, utterly unacceptable and I dearly wish that Celtic would make a statement articulating that sporting merit can be the only way for a team to be promoted.

I recently completed a club questionnaire but I noticed no questions were asked regarding the fast tracking of any team into the SPL.

Now I understand that all clubs are anxious with regard to the numbers coming through the turnstiles and that this is being portrayed, by the media, as evidence of a league screaming out for ‘The Rangers’ being fast tracked back to the SPL but perhaps this should be looked at in another way. Perhaps fans of all clubs are simply disgusted at the pandering, rule bending, and indeed rule ignoring that has gone on in the last 12 months to salvage a club from the financial wreckage left by the collapse of Rangers Football Club. If fans think that what they are watching is in anyway rigged they will simply stop attending and for me the final straw will be the re-emergence of a debt free club, which claims to be the same club, that owes the tax payers of this country a minimum of sixteen million pounds.

While I understand that you are busy I would like answers to the questions that I have asked as I feel my financial wellbeing, as a shareholder, has been affected by actions taken by third parties.

justshatered Also Commented

Gilt-Edged Justice
I see Jim Leishman is now talking about liquidation for Dunfermline.

The media are all over it like a rash saying ‘we told you so’ this is what happens when ‘The Rangers’ are not in the top division. However if we look at this a bit further then Dunfermline were relegated last season, rightly or wrongly, but the point is ‘The Rangers’ being in the SPL would have made no difference to Dunfermline’s current plight.

If you also notice it is not a ‘holding’ company that is under threat here but the club. Stranger and stranger!

Now while I do not wish Dunfermline ill this is to me the true ‘Armageddon’ scenario for our sport in this country. Due to the precedents set last summer there is a simple route for Dunfermline out of this and if that is not allowed by the powers that be then they should simply go to court to enforce it.

However the ‘Armageddon’ issue now runs far deeper.
Who will grant credit, or pay up terms for a player, to a Scottish club now?

Clubs will find credit severely restricted, or worse withdrawn altogether, which will send another shockwave through the various leagues. This in turn will drag other clubs into the mire.

We are now witnessing the true fall out from last summer’s illegal activity. I prophesised back then the dangers of the actions being taken at that time and the potential financial repercussion that could follow. While clubs must take responsibility for financially over reaching themselves the blame for this removal of credit can also be laid at the Hampden door as this domino effect gathers pace.

At this rate the ‘great administrator’ may have nothing left to administer. Thanks again Campbell.

Gilt-Edged Justice
A club collapses into Administration owing £16M in tax and NI.

A shocking Administration process, adding £4M to the overall debt, which led to a ‘conflict of interest’ charge to their governing body which in turn led to the judge delaying his judgement into Duff and Phelps ‘conflict of interest’. Lord Hodge has now been promoted himself so it is likely that there never will be a judgement regarding this.

Players publicly blackmailed into taking huge pay cuts to ensure the club made it to the end of the season.

National Association taken to court to over ruling and the panel are threatened and intimidated.

An investigation into dual contracts delayed for almost one year to allow vital information to disappear or simply be destroyed.

National Associations own rules broken and ignored on the altar of political expediency to benefit one club.

Intimidation of fellow clubs and their employees is now common place.

Assets sold off at a fraction of their realistic value to ensure a club continues, putting assets beyond the reach of creditors, which seems similar to what Craig Whyte was banned for doing when he was a director.

A MSM that is completely out of its depth and incapable of getting the basic facts of this story correct more than TWO years into it.

An independent panel into dual contracts, NOT EBT’s as the media would have us believe, finds RFC guilty of a systematic failure to properly register players over 10 years but due to the collusion of the National Association and their arbitrary interpretation of the rules there is essentially no punishment.

We are yet again being told that the only way we can fix our national sports ills is to unjustly promote the club that ruined it in the first place.

SFA President has now been involved with two clubs one of whom collapsed while the other teeters on the brink and yet he is still described as a ‘great administrator’.

Chief Executives of both SFA and SPL attempt to bully their own clubs into making illegal decisions, with regard to their own rules, in an attempt to shoe horn a new club into the top tier of Scottish football.

Would you rush to invest your hard earned cash watching something as transparently corrupt or incompetent?

Recent Comments by justshatered

Time to Ditch the Geek Show
This may have been a question asked before so I apologize in advance.
When Rangers entered Administration the TAX man made a claim as far as I’m aware for all of the National Insurance and Income Tax that Whyte had collected but never forwarded.I still find tn difficult to comprehend how this isn’t illegal but there I am, a simple guy.

The Tax man also had the ongoing claim against the money paid to the EBT wheeze and submitted another claim for the Tax and National Insurance contribution that should have been paid on those payments.

Given that HMRC won their case, and the Liquidators will adjust the pennies in the pound accordingly, how can HMRC continue to after the recipients of the EBT payments?

While I have no sympathy for the individuals this seems, again to this simple guy, that HMRC will be getting paid twice; once through the Liquidators pennies in the pound and then billing the individuals.

As for Dave King’s counsel today……………………………….. well who would have thought that a guy who attempted to hide cars, planes, bank accounts, property, and wine from the South African authorities would turn round and claim to be penniless!!
Not me honest.

Another question regarding this: If Dave King sells up and walks away would this ruling apply to the rest of the concert party?
If it does not then this looks like a great sting by the rest of the concert party to have King as the fall guy. Remember there was the rumor that King borrowed the money from someone to buy the shares. It might have even been from someone who will gain if King goes.

The Vice Closes
The SFA have attempted a deal tonight.
To buy off Celtic and the rest of Scottish football with another weak, ineffectual, in-house, whitewash of an investigation into why there in-house, dyed in the wool, Real and pretendy Rangers men passed RFC as fit for a UEFA licence in 2011.
They have done this in an attempt to prevent a full out enquiry into their handling of the Administration, Liquidation, and unlikely resurrection of RFC to ‘The Rangers’.
Unfortunately for them far too much is now out in the public domain.
Anybody who wishes to look at the evidence knows what a craven, cowardly, corrupt, set of so called administrators we have a Hampden. They knew well before RFC went into Administration that it was coming.
The real problem they have is, like the Watergate affair, the original crime was not the thing that eventually brought down the house of cards.
It was the attempted cover up that did that.
The SFA may attempt to purge their in-house email servers but most are backed up elsewhere. The paper trail will most likely lead to some very uncomfortable places and people.
Paperwork, that the SFA are so pernickety about at various times but incredibly lax at others will be their undoing in the end.
Of course as much as the media will attempt to play this as an ‘Old Firm’ issue what the SFA have done tonight is actually ignore the wishes of the SPFL board. That will also be their undoing. For all they talk about the SFA being the clubs tonight they have told everyone that the SFA is a bunch of despots, up to their necks in scandal, desperately attempting to cover their backs.

On Grounds for Judicial Review
Far be it from me to question tactics with regards to the old club/new club debate but for a long time I’ve thought the best way forward is a reverse tactic.

Don’t ask the SPFL, and their legal stooge, as to why they are the same club: accept it.

Now stay with me on this one, yes accept it.

Ask them to confirm the SPL was made up of football clubs, prior to the amalgamation of the SFL and SPL, adhering to rules created by that league.

Ask them then to justify, from a sporting integrity angle, why the club that finished second in the league in season 2011/2012 ended up in the bottom tier of Scottish football?

Ask them why that same clubs prize money was withheld?

Doncaster has been quite forthright stating that the SFL’s record keeping was not as it should have been but let us see how the SPL’s stand up to scrutiny.

Under what rule/rules of the SPL was a vote required to keep a club in the league?

This is unprecedented that a club finishing second in the top league, anywhere in the world, is treated in such a manner.

Why was a vote even required?

Indeed, what was their justification for such a vote?

Why was that club forced to start at the very earliest round of the Scottish Cup as the SPL should have put them forward to be exempt from those earlier rounds?

Who failed in their responsibility to that club and what sanctions have been taken against that individual?

Was the SFA, as the country’s governing body, not concerned that one of their member clubs was being so harshly treated by its fellow members?

Was there any correspondence between the then SPL and SFA regarding this matter?

I could go on but I think you get the drift.

We as supporters cannot get them to admit that ‘The Rangers’ is a new club because they will just say that is their adjudication however what we can ask, and indeed are entitled to ask, is what were the rules that allowed such an unjust thing to happen to a member club when, according to them, they had committed no crime?

If what they did is not in their rule book, then they broke their own rules and someone should be held accountable for such a vindictive assault on a member club.

Time for Scots Government to Take Bull by the Horns
Haven’t posted for a long time but I was interested to read King’s statement regarding the funding of RFC and that the money would have been found from somewhere anyway.

That, in my mind, actually makes matters worse!

So, if you believe his statement, they deliberately choose not to play by the same rules as everyone else. According to King they had the money but decided to go down the route they did.

However, to go down this route they of course had to confirm to the various players in writing that they would definitely receive the money. This is what gave the player the assurance to sign the contract but RFC did not include this letter with the contract to go to the league and the SFA because in doing so would have made it contractual and therefore liable for tax.

That is the crux of the matter. It is the deliberate concealment of these letters which destroys the myth that this was simply an administrative error because if these letters had been included with the contract and other documentation then tax would have been payable.

On to David Murray and his statement. He had legal advice that everything was above board. Well advice is, by the very nature of the word advisory. It is not a guarantee. It is not definitive. It has as much authority as the next guys ‘advice’ which may be the complete opposite.

Then we have dear old Artur Numan. We won on the park fair and square was his cry. Well Artur you employed the agent who got you the deal and a side letter. As far as I know you signed the contract of your own free will. You did not sign it under duress so you, along with all of the other players, have to accept the responsibility for your actions. You were the guy who seemed to come from a footballing culture, at that time, where tax free wages were the norm.

Finally it has been reported recently that when offered a contract extension where Artur would be paid £20K a week paying tax instead of the £40k a week tax free he decided that this was not enough and retired. That won’t earn him a lot of fans anywhere considering most of them won’t earn in a year what he would have earned in a fortnight paying the same tax as everyone else.

.. and they wonder why nobody buys papers
The good news just keeps flowing down Govan way.
Niko Kranjcar seems like a good signing on the face of things. Well he is a name at least.
A bit like Joey Barton who will shout from the roof tops and our excuse for a media will duly print it.
However at the end of the day both of these guys are the wrong side of 30 and will certainly be unused to the physicality of the Scottish game. I would be surprised if either of these guys last ninety minutes regularly. They will have touches of class from time to time however they will not have the time on the ball they are used to.
I think it is also now safe to say that whatever has been saved by players leaving has now been swallowed up, and then some, by the recent signings.
There is no sell on value on any of these players.
As I see it this is the last gamble by a desperate board!
If these players hit the ground running, and they can go top and stay there until Christmas, then the three bears will be forced to anti up yet again in an attempt to get them through the season and access European money.
If this gamble fails and the team struggles in the top league then I think it is game over. This house of cards will collapse quicker than the previous entity.
The clock is ticking towards season start but if there are a series of injuries to the squad, injuries they did not suffer last year, then that will also impact on performance.
Meanwhile there will be no replica strips for the faithful to buy due to the fall out between King and Rangers Retail. This will hit them hard financially with no income at all as opposed to the pittance they were getting before.
In fact this will actually cost them more as they will have to buy unsold items at shop floor price but still, due to the exclusivity clause, be unable to sell it themselves. So they will have to buy the unsold units but still be unable to sell them themselves.
Once again we are watching high stakes, well for Scottish football, gambling.
This is a club continually posting losses very much like its predecessor.
It isn’t a business but a charity!
Everyone connected with it, that has money, is supposed to just shovel it down the money pit with no thanks because “it’s the Rangers way you know”!!

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