Should the EBT titles be stripped

[Hairdrier]

If Rangers are the same club with an unbroken history, as they claim, then they should pay everything back starting right now and they can keep their precious titles.
Let's see how that works out.

[stewarty27]

OMG !! Just read Kings latest outburst, And its perhaps the most arrogant, egocentric, Deluded and divorced from reality statement that has ever come out of Ibrox. So King is basically saying the Debts, The Tax avoidance, EBTs are absolutely nothing to do with us, But the titles trophies, Money we scooped up in that period of cheating is !!! Surely he can't have it both ways,

King finishes his fantasy statement with this,

"""""" For the avoidance of doubt, however, I wish to make one point clear. If the history of our Club comes under attack we will deal with it in the strongest manner possible and will hold to account those persons who have acted against their fiduciary responsibilities to their own clubs and to Scottish football.""""""

So he's basically saying you phuck with us and we'll boycott your games,

[happytim]

i read kings statement on sky sports news site and answered it, doubt it will be published, but he is one arrogant clown.

he says rangers using EBT,s didnt benefit the team on the park but only the company and the shareholders because it meant them investing less. what a load of tosh, thats like a kid stealing 50p worth of sweets and saying i didnt gain an advantage but my mum did cos she only had to give me 50p less. king also says rangers would have had the same players anyway, then contradicts himself by saying one or two might not have come but the overall strength of the team would be the same. hes lashing out cos he knows hes a cornered animal and wounded animals attack when the odds are against them.

rangers get more arrogant by the day, then he quotes lord nimmo, as if hes the bastion of morality. lord nimmo thinks it was ok for rangers to use the excuse that EBT,s were loans. who the fek gets loaned thier own wages ffs, a loan is something that must be paid back, otherw

[scots]

[quote="happytim"]i read kings statement on sky sports news site and answered it, doubt it will be published, but he is one arrogant clown.

he says rangers using EBT,s didnt benefit the team on the park but only the company and the shareholders because it meant them investing less. what a load of tosh, thats like a kid stealing 50p worth of sweets and saying i didnt gain an advantage but my mum did cos she only had to give me 50p less. king also says rangers would have had the same players anyway, then contradicts himself by saying one or two might not have come but the overall strength of the team would be the same. hes lashing out cos he knows hes a cornered animal and wounded animals attack when the odds are against them.

rangers get more arrogant by the day, then he quotes lord nimmo, as if hes the bastion of morality. lord nimmo thinks it was ok for rangers to use the excuse that EBT,s were loans. who the fek gets loaned thier own wages ffs, a loan

[happytim]

scots. who gets paid by loans.

imagine the scenario.

manager "right smith, your wages are in the bank, you can repay me your own wages in 3 weeks as its a laon"

smith. "ok boss, i,ll repay the loan"

no one gets loaned thier own wages.

no matter how long the repayment agreement is.

[scots]

I know someone who has received a loan from his employer to buy a house in Cambridge as part of his remuneration. The repayment is at 0%. It is a loan and part of his wage as he doesn't pay back the same amount as he would on the open market.

[happytim]

if the loan is part of his wage, then it should be declared to the tax authorities.

if the loan is seperate then theres no problem, taxman dosent have to know.

[DeezAreGood]

A convicted criminal who lives in Seff Efrika trying to dicate what happens in Scottish football, when he won't even pay off Ashley so he can control his own club, frckn hell

[AguyIknow]

The mental gymnastics employed by those trying to defend the EBT carry on by Rangers is laughable. Same club, same history, different financially though, and owe nobody nuffin - well apart from Ashley.
Maybe Dave King thought the 5M from Ashley was another EBT - another "loan" that never needed paying. Good luck with that Dave

[DeezAreGood]

I know someone who has received a loan from his employer to buy a house in Cambridge as part of his remuneration. The repayment is at 0%. It is a loan and part of his wage as he doesn't pay back the same amount as he would on the open market.

The loan would have to be declared as a benefit in kind and tax would be due on it. There's really no point in you trying to argue that what Rangers did was valid, as 3 judges have just said it wasn't. And remember, you boys do like to quote decisions from judges, dontcha