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Celtic Diary Wednesday October 12: There’s A Storm Coming…

One of todays newspapers, to use the term loosely, has been stung by criticism that it’s investigative reporting department may not quite be performing as expected.

Today, they have a story !

Tax dodging ? £400 million worth ?

Image result for family guy go on

 Could this mean we’ll have to come back as “The Celtic ” ?

Do we need to find some “real Sellick men ” to bail us out ?

No, of course not.

This is , in fact , old news. As the media still appears to think that it has sole rights on passing information to the public, they perhaps don’t know that this particular scheme and its fallout has been common knowledge for some time, and despite the best intentions of the paper, there is no link to a tax dodge perpetrated on the other side of the city a few years ago.

Tax breaks can be achieved with investment in the movie industry, some countries, such as Ireland, offer enormous concessions to bring the business to their shores-like the one in Wexford where they filmed Saving Private Ryan- but its very complicated, very risky, and therefore something to be avoided.

If it comes off, you can save and even make a few quid, and your involvement would depend on what your accountant said, and what your friends accountants have told them.

Whatever way you look at it, tax avoidance schemes are not illegal. Whether or not they will save you money is debatable, and if it all goes tits up, then you are left with a bill. Thats all, a bill, and not jail time, which is the case with tax evasion, as another club’s players found out.

Oh, I forgot to mention.

Letters from Her Majesties Revenue and Customs have begun to drop through peepils doors, and this story may well be a plant to kind of make the financial affairs  all of these greedy footballers appear to be of a similar ilk.

They aren’t.

Although both schemes, if I may call them that, could well have been sold as a way to avoid tax, only one of them has been shown to have the purpose of evading tax, and only one of them involved the payments from a club to their players.

The one in the paper describes what the players did with their money after they were paid.

A small, but important difference.

Which is why one club is in liquidation, and the other is in the Champions League.

We have heard that a couple of players who received the EBT payments have been asked by HMRC to make up the shortfall in their tax payments to date.

Which, as a cynic, I think is the real reason for the Record regurgitating an old story, and it means we can look forward to the follow up story with a bowl of jelly and ice cream.

The story, or the timing  of the story, comes as no real surprise.

Image result for level 5 wizards

To refresh your memory, have a look at this list, which might well be appearing in the papers this week..

ebt-beneficiaries

Theres all sorts of rumours about a certain new club becoming another statistic-90% of new companies fail in the first five years-and there are apparently a whole host of stories about to hit the newstands, which incidentally, provide gainful employment for anyone , such as say, Graeme Souness, who might be facing a little more money going out than he’d budgeted for.

Image result for newsstand

 

Away from all that, which is tiresome in one sense, but important that it precedes a real story, and the Scottish League may be powerless to prevent Celtic from becoming wealthy, they sure as hell want to make sure the fans aren’t.

Have a look at the fixture list for December…

You’ll notice , first of all, how many of them there are, and then , when checking which ones you have already paid for, you’ll note they are all midweek games.

Three games , that for season book holders outwith Scotland, become impossible to attend. Or fifteen per cent of the games covered by the book.

Which, in turn, makes the book a purchase that will be reconsidered next summer by a lot of supporters.

Smaller crowds also lead to less revenue for the club on matchdays, so it may be that they could announce their displeasure at the way the fixtures have panned out. It may not change anything, but it will at least let the support know the club are on their side, if, of course, they actually are.

And if I were in PR at the club, I’d be using it as a diversion from the Record story, by concentrating on real issues that affect the support and the club.

But what do I know ?

The four Celtic players involved in Scotland’s international matches are all on their way home, none of them having picked up injuries, although Leigh Griffiths may have gone a bit dizzy after he was awoken from his slumber on the bench and asked to get warmed up.

Gordon Strachan’s side lost 3-0 to Slovakia, and although there is still a long way to go, Stracha’s insistence on playing journeymen from the lower end of English football will mean that there’s little point in applying for Russian tourist visas, and thankfully we’ll have plenty of notice to save anyone paying money out.

club football returns this weekend, and Celtic face Kickers Motherwell, who may alter their tactics having conceded quite a few goals to the Hoops in the last two meetings-7-0 and 5-0.

Note also that Celtics home matches domestically have seen four, five and then six goals scored.

The first 7-0 of this season beckoning ?

Its doubtful, even if Mark McGhee has one eye on the Scotland job, because professional footballers learn from their mistakes, unless their accountant tells them otherwise..

McGhee is expected to try a different tactic from simply kicking the opposition this weekend, and we have exclusive access to the relevant paperwork.. taken from a couple of shady guys seen hanging around after hours outside Celtic Park.

It seems they were going to break in and alter a few things…

making it tough for Celtic to score.. for instance

Image result for unusual football pitches

 

The hoops may struggle on the flanks..

Image result for unusual football pitches

there will be attempts to distract the players

Image result for unusual football pitches

 

The away section will be a little more intimidating than usual

Image result for unusual football pitches

and the main objective ? To sabotage the watering system at Celtic Park, to make the game a little more unpredictable..

Image result for unusual football pitches

 

They won’t need as much help as you might think. The referee is John Beaton, not noted for his impartiality or talent. Or ability to decide what constitutes a penalty kick, as we saw earlier this season against Hearts.

Mind you, if the police are still rounding up these scary clowns, we could always ring them on saturday and tell them where to find one…

Yesterdays caption competition, this picture, surprisingly not in todays papers with a big wooden cross photoshopped behind him,

Image result for gordon strachan

drew this winning line.. on the same lines

PeteCon October 11, 2016 at 1:07 pm · Edit · Reply →

Caption: “Strachan prepares to be crucified again by the laptop loyal.” 

Today, we have this  image.. all the way from Tokyo

 

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Dziekanowski's nightclub child
7 years ago

Caption: Scotland double headers shown on Japanese trains

Shoogwolf
7 years ago

Caption- zombies caught sleeping as club hurtles towards administration!!!

Houdinibhoy
7 years ago

Caption: “The Daily Record Strikes Again”

PTD29
7 years ago

Caption: Latest crazy sweeping Hampden ‘Lets all do the Griffiths’

Munichbhoy
7 years ago

Sevco highlights being shown on Japanese trains.

Monti
7 years ago
Reply to  Munichbhoy

🙂

Monti
7 years ago

In regards to the Daily retard headlines today, i was trying to come up with an alternative to the ‘ ban them ‘ and ‘ get them tae fuck ‘ outpouring.
But, i honestly feel that’s what needs to be done with these fuckwits.
Ask yourself, in 2016 do Celtic football club NEED the Daily record?
I would ban them from the stadium indefinitely, no press conferences or interviews.
When is enough, enough?
As i have said previously on here, it’s time to toughen up on those in the media who try to besmirch our clubs name.
Honest, constructive criticism should alwaysbe welcomed, but trying to bring our clubs name down into the gutter with lies, should bring lengthy consequences.

They are hurting, good and long may that be the case!

The Charlie Saiz International
7 years ago
Reply to  Monti

That would be counter productive in my opinion Monti as the gloves would be off in their mind an allow them to continually drag up any old shite in an attempt to besmirch the good name of the Club.
I think a better tactic would be to hold these reporters to account whilst sat in our Stadium and get them to explain THEIR actions.
I am fairly certain these clowns will not like the shoe being on the other foot.
I would also get someone who is media savvy and has a background in Legal matters to do the questioning.
ie a Barrister or Lawyer.
One or two things could come of that:
1 They don’t come back(no ban in place)
2 They look like cunts in front of the media pals

Monti
7 years ago

Charlie Saiz,
I would do exactly as i suggested but i do agree with some of your thinking as well.
HH

The Charlie Saiz International
7 years ago
Reply to  Monti

I can totally get the thinking behind just fucking them off but I think destroying their argument in front of their peers will soon force them to change tact.
Doing nothing really shouldn’t be an option though so hopefully the Club does something before it get’s out of hand?
HH

Monti
7 years ago

Agreed!!

BondiBrian
7 years ago

Ditto to that. CS.

Tex
7 years ago

Good thinking CS,surely someone on our board has links with a good lawyer or barrister to help our PR team with the right sort of questions to embarrass the shit out of these charlatans masquerading as press men.

Uralius
7 years ago
Reply to  Monti

All media companies are the same company. Sky still pay for TV rights to the Scottish game, Celtic get a cut. We have to stop receiving money from them first.

Doc
7 years ago
Reply to  Monti

What would Fergus do?

7 years ago

It’s such a pity that the Charles Hunt’s at the Daily Rangers weren’t so forensically investigmatise of the machinations at Imbroke over the last five years or so!

7 years ago
Reply to  Steven R

Investigative…

connolly's chair
7 years ago
Reply to  Steven R

I prefer the first one.

7 years ago

Caption “another Dave King promise seems to get the crowd going”

robertg
7 years ago

The key element of tax avoidance which you almost got to is that it is ok until it is not ok. Then you pay up.

EBT’s were (and possibly correctly constituted may still be) perfectly fine. They then started to be abused and used as proxy for income. With tax avoidance there is then generally an arm wrestle between the people operating the scheme and Hector (ending up in court). At the point Hector is going to do something, the Avoider is given notice (I think that happened in 2006 or so with Rangers) and the offer to settle, often highly negotiable.

However, if you don’t settle, it then becomes a gamble on the part of the Avoider because the meter starts to tick with interest and penalties. If you can’t pay, Hector will bankrupt you. As he did to Rangers.

Kenny
7 years ago

Caption: Joey Barton’s book goes viral.

BondiBrian
7 years ago
Reply to  Kenny

BOOM. Winner!

7 years ago

Caption: The wicked witch casts a spell on the sevco support. A handsome prince (perhaps of the rich Arab variety? – no laughing at the back!!) Will kiss them from their slumbers (well, they’ve waited for King Dave to, ahem,… “overinvest”!), and all will be well in the mythical Kingdom called Govanslum!

The Charlie Saiz International
7 years ago

Caption : Snora Snora Snora

Morto
7 years ago

Can’t help feeling that crammed December fixture list is to make sure our players are tired/injured before the game with the last team on the list (assuming they are still on the go by then of course).

Corktim
7 years ago

Snoozes another level 5press release

Cartvale88
7 years ago

My main bugbear is the level of adverts Celtic place in red tops such as the Daily Rag, Sun etc; for games strips etc;
As the vast majority of fans do not purchase the laptop loyalists rags, I borrow others rags.
Caption ‘excitement at the latest revelations of he Daily Rag reach histrionics amongst their readers’

jimmybee
7 years ago

Fixture list is a disgrace. December ffs so many games,and people worrying about Xmas it’s a joke.
Time for football in this country to be a summer sport.
The daily record does not deserve a mention on this site no matter the reason please stop giving it space.
Caption : Here comes the guy selling the daily record guys !

Monti
7 years ago
Reply to  jimmybee

Jimmybee,
It’s ridiculous isn’t it?

jimmybee
7 years ago
Reply to  Monti

It goes well beyond that comrade.

andybhoy
7 years ago

Caption…..

Shunsuke Nakamura Emerald CSC Yokahama Brigada 1967 supporters club get fed up with the Etims caption competition…. and their name.

charlie
7 years ago
Reply to  andybhoy

ha ha nakas been kicking baws through bus windaes again

charlie
7 years ago

caption warbiolla practices his team talks on japanese tourists

portpower
7 years ago

3 more sleeps.

Caption:

sevco new signings; The Rev Hun Myhun, Mooniebeam XI.

portpower
7 years ago

Well it looks like it`s going to be known as,

“Divorce December” this season Lhads.

KTF

shiltrum
7 years ago

Caption Guy in the background mumbles ‘am getting fed up way awe these early starts away tae Ross Coonty Zzzzz

andrew
7 years ago

waiting on the warchest to open

7 years ago

The club won’t say anything about the fixtures less they get the response that in the future they won’t be allowed to postpone summer Saturday 3pm home games to go off to get humped in a meaningless friendly.

Monti
7 years ago
Reply to  The Cha

Not so meaningless when you get £2m paid for taking part in a 90 minute game.
We want better players on the park, they cost money!

7 years ago
Reply to  Monti

If we want that then we shouldn’t whinge about the downside ie midweek games in December.

Monti
7 years ago
Reply to  The Cha

The Cha,
I think we can whinge and we should whinge more, the SPFL give us the option to play a fixture after the season begins, this should not automically mean we face a fixture list like December’s!

Whinge over.

FredCDobbs
7 years ago
Reply to  Monti

the league will be over before september

Uralius
7 years ago
Reply to  The Cha

Good point, that I hadn’t thought of.

Monti
7 years ago
Reply to  Uralius

So would you rather the club forfeit 2m pounds in order to play 90 mins v Partick Thistle?
But you’ll want the club to find the money to put quality on the park, right?

charlie
7 years ago

fat traynor publicly pulling the puppet warbiollas strings live on sky ha ha what a fuckin embarassment

connolly's chair
7 years ago
Reply to  charlie

Share,what’s being said?

mike
7 years ago

Jabba stopped the majic hats press conference,cos some press eejit had the idea to ask questions about Joey the budgie.
OMG it will never catch oan.

charlie
7 years ago

sorry mate canny dae the link will need to get wan ae the grandwains tae show me how ha ha

The Charlie Saiz International
7 years ago
Reply to  charlie

If it’s a You Tube Link simply click SHARE then copy and paste the link that pops up in the wee empty box above the comments section of the video.
HH

charlie
7 years ago

fucking hell charlie s it worked

mike
7 years ago

Caption, Ralphy shares his Tramadol with the bhoys of the Lennon CSC.
Oh wake me up before you go,go,
here we go for ten in a ro,ro.

mike
7 years ago
Reply to  mike

Winner,oh yeah.

mike
7 years ago

Caption, Charlie Saiz regales the blog with his Military experiences.

The Charlie Saiz International
7 years ago
Reply to  mike

Funnily enough most of those experiences ended up with me blootered on a train or on a bus.
Shoony baw….

mike
7 years ago

Caption, Ronny Deila,explains his thinking on fitba. players diets.

Monti
7 years ago
Reply to  mike

Beat me by two mins ya auld hoor 🙂

mike
7 years ago
Reply to  Monti

Haw, Haw, Whits that smell? its Mikey bhoys, the smell of burning rubber as he sprints past into the distance.Well it took him 5 hoors to come up wi it.Haw, Haw.

Monti
7 years ago

Caption: Asian convention post Ronny Deila meet and greet session!

portpower
7 years ago
Monti
7 years ago

Could someone put up a track by The Verve?

The track is called ‘ Rather be ‘!

Cheers.

portpower
7 years ago
Reply to  Monti
Monti
7 years ago
Reply to  portpower

Thanks again Port, class!

FredCDobbs
7 years ago
Reply to  Monti

the only group ever to come as close to the stone roses for being total fucking class.

not thier best effort niether imho

Monti
7 years ago
Reply to  FredCDobbs

Exactly Fred,
I like a bit of ‘ History ‘ or ‘ science of silence’!

Do you like his United nations of sound stuff?

FredCDobbs
7 years ago
Reply to  FredCDobbs

yep.

Mike Annis
7 years ago

Level 5 latest press release given to the pack of avid journalists.

connolly's chair
7 years ago

Caption,

I said Senderos you twat,not Sarin gas.

Uralius
7 years ago

Bit off.

BJF
7 years ago

Dear me Montinyiu so cynical, what experience of Scottish football makes you think they would give us all those games in December on the back of a Champions League programme. Surely they are so proud that one Scottish team carries the flag at the higher etchelons of European football., surely that is the last thing they would do.

Oh come on let us ignore the odd Masonic handshake, the offside that wasn’t and the offsides that were, the disallowed goals and the sendings off, and the free kicks only in a non
threatening part of the pitch and the blocked transfers. Just try and make a case if you ignore all these but we will never forget.

BJF
7 years ago

Sorry Monti I was revealing your full Sunday name there!

Monti
7 years ago
Reply to  BJF

Lol

mike
7 years ago
Reply to  Monti

Montinyiu, The last time that happened was three years ago.

BondiBrian
7 years ago
Reply to  BJF

he’ll always be Montizuma to me ( except when he’s Monti )

BJF
7 years ago

Good lord Mike I remember that going out on media lots of bleeps and discretely placed objects , anyway the police said they were both consenting adults and the poodle wasn’t really in shot.p

mike
7 years ago
Reply to  BJF

HAW, HAW, poodle ye say BJF,wis it a cockapoodle?

Doc
7 years ago

The FTT result was announced the first week in August so why has it taken two months to report it? The report is scant on details and continues the record’s off the radar approach to journalism.

What the record didn’t say is that the FTT found that the schemes were legitimate film industry investment schemes, what was found to be dodgy was the amount of tax relief claimed. Ralph was right on the money when he explained the difference between a company not paying tax and an individual deciding how to spend their wages. I’ll try to go through the details in a,simple and easy to understand way, hopefully.

Folk put in 30% of their income to Ingenious Film Partership and they then lost money, through borrowing, that allowed investors to claim back as much as 40% due to loss relief. This essentially allowed investors to reduce their personal tax liabily entirely and even, in some cases, claim back more money than they had put in.

The FTT ruled the the losses made due to borrowing were excessive and disallowed them for loss relief tax purposes. Investors will still get some loss relief but nowhere near what was initially claimed leaving the investors with some tax to pay.

Hardly the ‘Al Capone’ stuff the record is making it out to be. The wrongdoing is with those at Ingenious and their artificial loss creation, what the investors knew about it isn’t known yet.
There was enough in the FTT decision to allow an appeal so this one may have a few years until a final decision is reached, in the meantime, Hector will ask the investors to stump up the cash.

Caption: tavernier tries to recreate Nakamura’s moving bus free kick – passengers die of boredom.

Celticmikey
7 years ago

Caption. Tokyo bluenoses following a free kick in the Nakas by our Bhoy.

mike
7 years ago

The Daily pish,
Dinna buy it,
Dinna read it,
Dinna acknowledge it,
Dinna mention it,
Dinna give it the oxygen of life.
Instead the weak pound has given the Tic. about 17-20% add on to its C.L.revenue, OH YEAH.

highseastim
7 years ago

Stopped buying the Record over a decade ago, horrible unionist, Hun rag!,

FredCDobbs
7 years ago

strachan is a cunt. Always the cheeky chappie happy in defeat. How many ex celt legends are happy this guy is in the shit…BBJ maybe?

hahaha fuck of you cunt.

Monti
7 years ago
Reply to  FredCDobbs

Fred,
That shit ain’t cool man……..mon noo

charlie
7 years ago

https://youtu.be/sdO733POGDY fuck me ime gettin to be an expert at this llink thing

jimmybee
7 years ago

https://youtu.be/OfGVGSc4zz0
How’s mines no working, is it different for an I pad.
I’m fuckin useless at this. Well done Charlie.
I need to put this on for Monti this wee lassie is pure class.

Monti
7 years ago
Reply to  jimmybee

That wee lassie has a Rebel heart!!
Love the passion!

charlie
7 years ago

jimmybee yours worked for me fuck me were awe gonny be computer geeks at this rate ha ha

Funkyy
7 years ago

Caption:- Scotland fans on the looooong journey to qualify for a tournament….any F*cking tournament!!!!

Funkyy
7 years ago

A wee bit of off topic mood lightening entertainment!!
https://youtu.be/Y3JW0fm0rEk

Wisnae me
7 years ago

“a couple of players who received the EBT payments have been asked by HMRC to make up the shortfall in their tax payments to date”

No, no, no. The players took the money in good faith, they have side letters to prove it. It is up to the company to withhold funds for tax, it’s called Pay As You Earn and is run by your employer.

Imagine your employer stopped paying your tax and used it to keep the lights on before going bust, would you be happy Hector was now chasing you for money they misused? Same thing here, just because we don’t like the people who benefitted doesn’t mean we should support Her Majesty’s Revenue and Customs.

Cortes
7 years ago
Reply to  Wisnae me

The players CHOSE to use EBTs. If memory serves one of them declined. The EBT brigade opted in to the scheme of evasion so Hell slap it into them.

mike
7 years ago
Reply to  Cortes

Boumsong, i believe refused an EBT,if its put to any player that we want you to be paid this way and it will reduce your tax liabilities,well, he was the only one who smelled a rat and refused to be paid that way.

Doc
7 years ago
Reply to  Wisnae me

An individuals tax is his own responsibility, when an employer does this the worker has to make up tax due, the financial dispute is between the employer and worker.

jimmybee
7 years ago

So it’s ok for reporters to ask Celtic about Joey Barton,but no his manager.
Lol couldnae make it up if you tried . Fat dick is Jabba.

Funkyy
7 years ago

Wisnae me…I would have agreed with your post if it was any other club…but you’re talking about a club that had been protected and molly coddled by the SFA and referees and shamelessly promoted ahead of all other Scottish teams by every branch of the media who apparently didn’t know the words “investigative journalism” where they were concerned.
I support HMRC…hell slap it intae them.

jimmybee
7 years ago
Monti
7 years ago
Reply to  jimmybee

I need to learn to put up these fucking links.
Anyone know if you can do it on your mobile?

jimmybee
7 years ago
Reply to  Monti

Took me fuckin 3 years to post those m8.

Monti
7 years ago
Reply to  jimmybee

Haha

mike
7 years ago

Sam Faiers has been praised for breast feeding live on t.v.
underneath it says, Prince Charles is opening his own resturant,HA.HA.what a pair of tits.

Monti
7 years ago
Reply to  mike

Breast feeding live on TV? sounds like my cup of tea…
Put the link up Mike.

Ken

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