Frankie 8,187 Posted February 28, 2013 Author Share Posted February 28, 2013 A more informative piece from Richard Wilson: http://www.heraldscotland.com/sport/football/d-day-for-rangers-as-club-awaits-verdict-over-title-stripping.20375636 Rangers will discover today if the club's use of the Employee Benefit Trust tax avoidance scheme has been found to breach Scottish Premier League registration rules. At noon, the verdict of Lord Nimmo Smith's indepen-dent commission will be published and, if appropriate, will include any sanctions. The SPL will not receive the written judgment until 10am, with the publication embargoed until midday. Herald Sport understands that Rangers will also receive the report at the same time, and there is a right of appeal to the Scottish Football Association. However, the SPL are not expected to hold a press conference since Neil Doncaster, the chief executive, is out of the country on business. Potentially at stake are the five SPL titles that Rangers won during the EBT scheme, since title-stripping is one of the 18 sanctions open to Lord Nimmo Smith, if he finds Rangers guilty of registration breaches. During talks last summer about Rangers' involvement in Scottish football, the SPL asked the club to accept title-stripping in return for the granting of an SFA licence, which was refused. However, fines and other possible sanctions are available. Herald Sport also understands that in the event of clubs voting in favour of league reconstruction, the corporate body that will run the proposed Scottish Professional Football League will be a rebranded SPL. The SPL Ltd company will change its name, and redraft its articles of association and rule book, should all 42 clubs vote in favour of a single body. The Scottish Football League, founded in 1890, would then cease to exist. The preference is to retain the SPL Ltd company number to avoid having to novate – the legal term for both parties agreeing to substitute a new contract for an old one – all of the SPL's commercial deals, including the television agreements. Having to novate them would leave broadcasters with room to renegotiate terms. The SFL is also an unincorporated company, essentially a private members club, whereas the SPL is a corporate body. All of the players in Scottish football are contracted to either the SPL or the SFL, so establishing a new company would involve more legal work than retaining one of the two companies that runs the two leagues due to merge. The SPL expect their auditors to file their annual accounts today, which is the final deadline. 0 Quote Link to post Share on other sites More sharing options...
GovanAllan 0 Posted February 28, 2013 Share Posted February 28, 2013 One of the biggest days in SPL history and Dhonkeycaster is out of the country, is it just me or does sound a bit iffy. 0 Quote Link to post Share on other sites More sharing options...
Thinker 887 Posted February 28, 2013 Share Posted February 28, 2013 Enter Tom English ... Many of us presumed that the Big Tax Case was going to be a resounding victory for HMRC and it proved to be anything but. It just shows that you cannot predict anything when lawyers (and accountants) are poring over case law and the minutiae of how it may be applied to the particular circumstances of Rangers. Or maybe it shows that you can't predict anything when you are in possession of only a very selectively leaked portion of the facts... 0 Quote Link to post Share on other sites More sharing options...
Frankie 8,187 Posted February 28, 2013 Author Share Posted February 28, 2013 One of the biggest days in SPL history and Dhonkeycaster is out of the country, is it just me or does sound a bit iffy. Who said this in 2009 after he was appointed to the SPL? "It is my firm belief that, for the SPL to best serve its clubs and football supporters across the country, we need to be accountable, accessible and, so far as possible, transparent." Not fit for purpose. 0 Quote Link to post Share on other sites More sharing options...
amms 0 Posted February 28, 2013 Share Posted February 28, 2013 i will be in a hospital scanner when the result comes in i've told my wife to pop her head in and let me know the outcome i might stay in the scanner for ever , Oh. All the best with that, I hope it's nothing serious. 0 Quote Link to post Share on other sites More sharing options...
BlueMazza 0 Posted February 28, 2013 Share Posted February 28, 2013 The Scottish Football League, founded in 1890, would then cease to exist. The preference is to retain the SPL Ltd company number to avoid having to novate – the legal term for both parties agreeing to substitute a new contract for an old one – all of the SPL's commercial deals, including the television agreements. Having to novate them would leave broadcasters with room to renegotiate terms. The SFL is also an unincorporated company, essentially a private members club, whereas the SPL is a corporate body. All of the players in Scottish football are contracted to either the SPL or the SFL, so establishing a new company would involve more legal work than retaining one of the two companies that runs the two leagues due to merge. First it is a shame that an organisation with that history will cease. Second, they really believe they put all the paperwork required through in time for the start of a new season? OK then... 0 Quote Link to post Share on other sites More sharing options...
Frankie 8,187 Posted February 28, 2013 Author Share Posted February 28, 2013 The paperwork has already been completed and agreed for the SPFL. 0 Quote Link to post Share on other sites More sharing options...
Zappa 0 Posted February 28, 2013 Share Posted February 28, 2013 Guaranteed that Doncaster deliberately made sure he wasn't around to speak to anyone today when both the SPL accounts and kangaroo court result are coming out. I wouldn't be surprised if that muppet Regan is nowhere to be seen too. 0 Quote Link to post Share on other sites More sharing options...
rbr 1,247 Posted February 28, 2013 Share Posted February 28, 2013 So far there have been no leaks to the press 0 Quote Link to post Share on other sites More sharing options...
Zappa 0 Posted February 28, 2013 Share Posted February 28, 2013 First it is a shame that an organisation with that history will cease. It's not just a shame, it's a disgrace and monumental mistake. 0 Quote Link to post Share on other sites More sharing options...
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