A quick thought.
Have any other Scottish football clubs been involved with EBT schemes?
BBC Scotland Investigates wrote to all of the Scottish Premier League’s member clubs and asked whether they had ever operated an EBT scheme.
Celtic confirmed that it established one EBT scheme in April 2005, which BBC Scotland understands was for the benefit of the Brazilian midfielder Juninho Paulista. The scheme was worth £765,000 but the club did not declare the trust payment to the Scottish Football Association or the Scottish Premier League.
The payments made to the trust were declared in Celtic’s annual report for 2004/2005, but in 2008 the club became aware of an event giving rise to a potential tax liability which was subsequently paid after agreement with HMRC.
The remaining 10 SPL clubs replied and confirmed they had never set up an EBT scheme for any of their employees.
————————————- Continue reading