This category contains 11 posts

Celtic 1992 HMRC investigation of Unpaid Payroll Tax in 1994 Accounts. Tax Avoidance scheme, Side Deals, Cash and Disguised Payments.

In a previous post we highlighted the revisionism of several of the Celtic annual accounts after the Fergus McCann takeover in March 1994. One of the main items was Unpaid Payroll taxes which were detailed by Mr McCann in the Celtic 1994 accounts:  In the notes the figure of £170,485 is given, in the first … Continue reading

When they almost went bust: Celtic’s Unpaid Payroll Taxes in years prior to June 1994 Accounts and Creative Accounting in 1993 Accounts.

In the previous post it was highlighted Celtic’s deception in investigating the impact of the numerous child abusers that existed between Celtic FC and Celtic Boys Club whereby the board instead of secretly investigating contingencies should have been keeping the AIM stock market informed. Another period ripe for investigation are the years 1993 and 1994 … Continue reading

Hearts Admin Part 3: HMRC owed £1.75m for Kaunas Loans for Unpaid PAYE/NIC, Shonky Share Offer, Un-issued Shares

What would the ‘Sporting Integrity’ mob say about a football team using foreign loan players, evading PAYE/NIC to the HMRC then getting out of paying that bill: Between 2005 – 2010, Hearts used loan players from Lithuanian club, FBK Kaunas to play in the Scottish division.  In 2012, HMRC warned Hearts it wanted £1.75m for the … Continue reading

SFA/SPFL appear to be hiding discussions with HMRC on Marketed Film Tax Avoidance schemes.

In researching how HMRC is starting to handle footballer Image Rights I came across this oral testimony from an HMRC employee at the UK Parliament’s Public Accounts Committee hearing into High Net Worth Individuals & HMRC held on the 7th December 2016. The comments are firstly by Jon Thompson, Chief Executive and Permanent Secretary, HMRC … Continue reading

Scottish Government & Glasgow City Council deceived EU. Westthorn should have been valued with no restrictions on Access Road.

As they say in Scotland when the game is up. “The game’s a bogey”. And it is for the Scottish Government and Glasgow City Council and any associated parties pertaining to the Westthorn land transaction between the council and Celtic PLC. Number of Units sets Westthorn Price Firstly from the Scottish Government EU letter July … Continue reading

District Valuer condemns Glasgow City Council concessions to Celtic in February 2007

In November 2016, Glasgow City Council thinking they solved the EU State Aid case against them and Celtic PLC by the unprofessional Savills report thought they could halt or reduce the flow of FOIs by listing ‘their narrative’ and documents relating to the case. Unfortunately the schedule of documents and the information therein has stirred … Continue reading

Ian Livingston – Celtic Director. One of Largest UK Corporate user of Tax Avoidance

Ian Livingston [Flying the Union Flag] The Independent Non-Executive Director of Celtic PLC is described on the Celtic website: In his biography from Bloomberg’s Businessweek: ‘Mr. Ian Paul Livingston, B.A, A.C.A. has been the Chief Executive Officer of BT Group plc, the holding company of BT Global Services since June 1, 2008. Mr. Livingston serves … Continue reading

Brian Duffy – Celtic Director. The Bhoy From Castlemilk milked the UK of Tax

Brian Duffy The Independent Non-Executive Director of Celtic PLC is described on the Celtic website, http://www.celticfc.net/corporate_boardofdirectors : In The Scotsman on 30th January 2012, Duffy was lauded as a success: ‘Being in the right place at the right time. That’s what Professor Brian Duffy, president and chief operating officer of Polo Ralph Lauren Europe and a … Continue reading

Damian McBride – Brains behind the Rangers Tax Case blog?

Damian McBride On 11th April 2009 the SMEARGATE Affair was exposed when a Senior Advisor/Spindoctor of UK Prime Minister Gordon Brown had to fall on his sword when emails surfaced of a plot to create a Blog to be called ‘Red Rag’ to smear & blacken the names of Tory MPs & ministers including David … Continue reading

Peter Lawwell was a director of Monktonhall Colliery Ltd when it became Insolvent & went into Liquidation in 1997

300 Miners Lose their jobs, Creditors Lose money, Injured Miner Loses out on Compo In May 1997, Monktonhall Colliery Limited [MCL], Midlothian became insolvent and was put in liquidation which put 300 miners on the slag heap. At the time Peter Lawwell was a director of MCL and had been for a year. Even though … Continue reading