The Offical Glasgow Celtic thread

Started by Gaoth Dobhair Abu, January 26, 2007, 10:41:11 AM

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passedit

Interesting that this article should surface on the day of the AGM. Celtic Board going to get their finger out? Hopefully as Tony will be there with his share cert and autograph book he can post some dispatches from the front.

http://www.heraldscotland.com/news/14906956.New_protest_over__Resolution_12__Rangers_Euro_licence_claims/

Quote
New protest over 'Resolution 12' Rangers Euro licence claims

New protest over 'Resolution 12' Rangers Euro licence claims

9 hrs ago / Martin Williams , Senior News Reporter / @MWilliamsHT

THOUSANDS have signed a petition demanding answers from Scottish football's governing body over its awarding of a licence to allow Rangers to play European football in 2011 despite tax issues.

A petition launched by a Celtic fanzine contributor is the latest step in a campaign - known as Resolution 12 - to challenge the decision-making process within the Scottish Football Association.

The Resolution 12 issue is expected to be raised at Celtic's annual general meeting today (Wednesday) with some fans believing the club should take the matter up with the SFA.

The Ibrox club were given a license to play in the Champions League five years ago despite ongoing issues with Her Majesty's Revenue and Customs over payment of tax relating to their use of Employee Benefit Trusts. UEFA rules state clubs taking part in their competitions must declare any "overdue payables" to the taxman and reveal details on whether there is a commitment to repay amounts, or a dispute over any bill.

Failure to disclose information during what is referred to as the "monitoring period", which is spread over two dates in June and September, can result in sanctions.

Some Celtic shareholders raised the matter at the club's 2013 AGM, believing the club could have lost out on millions of potential revenue that would have been due to them had they entered the Champions League that year instead of Rangers who, the requisitioners believed, should not have been allowed to enter the competition.

Read more: Former Rangers midfielder says Warburton must be searching for Rae of light after double set-back

Their questions centred on whether the Ibrox side under previous ownership fully disclosed the details of an unpaid £2.8m tax bill to taxman ahead of their participation in the Champions League five years ago.

The club then owed the money in relation to their use of Employee Benefit Trusts, in a bill that became known as the "Wee Tax Case".

Accounts of the Rangers Football Club Plc, the oldco now in liquidation, for the last half year of 2010, and published in April, 2011, showed that provision had been made for: "a potential tax liability".

The taxman were known to have begun targeting he club in the spring of 2010, nine years after Rangers starting using the scheme, and as EBT loopholes were being closed.

Court of Session judges decided in November that Rangers' use of EBTs from 2001 until 2010 to give millions of pounds of tax-free loans to players and other staff broke tax rules. But the decision in what is known as 'the big tax case' is being appealed to the Supreme Court.

Rangers Football Club plc, the former operating company, went into administration in February, 2012, after a £9 million PAYE and VAT debt was amassed to the taxman under Craig Whyte's leadership. The oldco renamed RFC 2012 plc is in liquidation.

Read more: Former Rangers midfielder says Warburton must be searching for Rae of light after double set-back

Liquidators have previously confirmed that £72m of the £94.4m owed to HMRC relies on the taxman's claim that Rangers was liable for its use of EBTs.

Some Celtic supporters took the unusual step of placing an advert in a Swiss newspaper urging the European football governing body UEFA to intervene in the matter.

But UEFA said in June it will not investigate as Rangers was not granted a licence to participate in the 2012/13 UEFA club competitions, the club entered the fourth tier of Scottish football and it was not able to play in UEFA competitions for the next three years in any event.

A newly launched petition signed by over 3000, demands that the SFA respond to allegations that it acted inappropriately in awarding the European place to Rangers.

In a letter to be sent to the football governing body, the petitioners say: "We, the undersigned, respectfully request that the SFA must respond to suggestions that they knowingly and purposefully issued a licence to Rangers FC whilst the club was in breach of the required conditions surrounding overdue payables to HMRC, enabling them to compete in the UEFA Champions League in season 2011-2012."
Don't Panic

Farrandeelin

Quote from: passedit on November 16, 2016, 09:22:22 AM
Interesting that this article should surface on the day of the AGM. Celtic Board going to get their finger out? Hopefully as Tony will be there with his share cert and autograph book he can post some dispatches from the front.

http://www.heraldscotland.com/news/14906956.New_protest_over__Resolution_12__Rangers_Euro_licence_claims/

Quote
New protest over 'Resolution 12' Rangers Euro licence claims

New protest over 'Resolution 12' Rangers Euro licence claims

9 hrs ago / Martin Williams , Senior News Reporter / @MWilliamsHT

THOUSANDS have signed a petition demanding answers from Scottish football's governing body over its awarding of a licence to allow Rangers to play European football in 2011 despite tax issues.

A petition launched by a Celtic fanzine contributor is the latest step in a campaign - known as Resolution 12 - to challenge the decision-making process within the Scottish Football Association.

The Resolution 12 issue is expected to be raised at Celtic's annual general meeting today (Wednesday) with some fans believing the club should take the matter up with the SFA.

The Ibrox club were given a license to play in the Champions League five years ago despite ongoing issues with Her Majesty's Revenue and Customs over payment of tax relating to their use of Employee Benefit Trusts. UEFA rules state clubs taking part in their competitions must declare any "overdue payables" to the taxman and reveal details on whether there is a commitment to repay amounts, or a dispute over any bill.

Failure to disclose information during what is referred to as the "monitoring period", which is spread over two dates in June and September, can result in sanctions.

Some Celtic shareholders raised the matter at the club's 2013 AGM, believing the club could have lost out on millions of potential revenue that would have been due to them had they entered the Champions League that year instead of Rangers who, the requisitioners believed, should not have been allowed to enter the competition.

Read more: Former Rangers midfielder says Warburton must be searching for Rae of light after double set-back

Their questions centred on whether the Ibrox side under previous ownership fully disclosed the details of an unpaid £2.8m tax bill to taxman ahead of their participation in the Champions League five years ago.

The club then owed the money in relation to their use of Employee Benefit Trusts, in a bill that became known as the "Wee Tax Case".

Accounts of the Rangers Football Club Plc, the oldco now in liquidation, for the last half year of 2010, and published in April, 2011, showed that provision had been made for: "a potential tax liability".

The taxman were known to have begun targeting he club in the spring of 2010, nine years after Rangers starting using the scheme, and as EBT loopholes were being closed.

Court of Session judges decided in November that Rangers' use of EBTs from 2001 until 2010 to give millions of pounds of tax-free loans to players and other staff broke tax rules. But the decision in what is known as 'the big tax case' is being appealed to the Supreme Court.

Rangers Football Club plc, the former operating company, went into administration in February, 2012, after a £9 million PAYE and VAT debt was amassed to the taxman under Craig Whyte's leadership. The oldco renamed RFC 2012 plc is in liquidation.

Read more: Former Rangers midfielder says Warburton must be searching for Rae of light after double set-back

Liquidators have previously confirmed that £72m of the £94.4m owed to HMRC relies on the taxman's claim that Rangers was liable for its use of EBTs.

Some Celtic supporters took the unusual step of placing an advert in a Swiss newspaper urging the European football governing body UEFA to intervene in the matter.

But UEFA said in June it will not investigate as Rangers was not granted a licence to participate in the 2012/13 UEFA club competitions, the club entered the fourth tier of Scottish football and it was not able to play in UEFA competitions for the next three years in any event.

A newly launched petition signed by over 3000, demands that the SFA respond to allegations that it acted inappropriately in awarding the European place to Rangers.

In a letter to be sent to the football governing body, the petitioners say: "We, the undersigned, respectfully request that the SFA must respond to suggestions that they knowingly and purposefully issued a licence to Rangers FC whilst the club was in breach of the required conditions surrounding overdue payables to HMRC, enabling them to compete in the UEFA Champions League in season 2011-2012."

The bould Tony is over at it. He might ask hard questions about Rodgers at it...
Inaugural Football Championship Prediction Winner.

ONeill

Strong rumour going about that Tony has shares in Rangers.
I wanna have my kicks before the whole shithouse goes up in flames.

Hectic

The focus of Resolution 12, despite how it is being portrayed in the media, is not about Rangers (IL) but rather on governance of the Scottish game.  To portray it as Celtic shareholders wanting to piss on the grave of Rangers is distracting the focus from the real issues.  Clubs like Aberdeen, Hearts, St Johnstone etc have a vested interest here as improper governance could result in them missing out on European participation next season.

passedit

Don't Panic

T Fearon


Applesisapples

Quote from: T Fearon on November 16, 2016, 01:51:31 PM
Well I never refuse a request!
Did you refer to him as Coco when you asked him?

Club Rossa


Gabriel_Hurl

Quote from: T Fearon on November 16, 2016, 01:51:31 PM
Well I never refuse a request!

So much so that you took 2 pictures with him

Moortown Spuds


T Fearon

I am now revising my opinion.I was impressed with what he said today at the AGM,and his plans for the future.I have been too harsh on him and have not given him the credit he deserves.I was also impressed with his wit and humility.I take all my previous comments back

Moortown Spuds

"Mr Rodgers, Mr Rodgers, can i have a photo? You are doing a great job, top class."


T Fearon

I am genuinely amazed by how many people followed my social media today.I knew that photo would appear on this Board within minutes😂😂. While I am flattered by the attention and interest in my life I would nevertheless urge you all to get a life of your own ffs!😂😂

ashman

Quote from: Hectic on November 16, 2016, 11:14:41 AM
The focus of Resolution 12, despite how it is being portrayed in the media, is not about Rangers (IL) but rather on governance of the Scottish game.  To portray it as Celtic shareholders wanting to piss on the grave of Rangers is distracting the focus from the real issues.  Clubs like Aberdeen, Hearts, St Johnstone etc have a vested interest here as improper governance could result in them missing out on European participation next season.

Ha ha ha ;  European participation ???

The jocko pub teams can't beat Maltese teams in Europe .

T Fearon

Good AGM,one of the most non contentious ever.Supporters forum to be formed to liaise with the Board.Also gratified to hear that Celtic have a seat at the table at all high level discussions on the future of top level football,right across Europe,and will be pivotally involved in shaping the future of the game.(I did get a sense that major change is imminent in the near future and Celtic will be part of that change).