The Beneficiaries of Rangers’ EBT scheme


The Court of Session’s decision to rule that the EBT scheme operated by Sir David Murray when Rangers owner, during the years 2001 and 2010, was ‘subject to income tax’ has set the cat amongst the pigeons.

Rival fans are calling for Rangers to be stripped of titles to take place, for officials at the SPFL and Scottish FA to be investigated over their handling of the whole affair and above all the conclusion that Rangers cheated their way to silverware during those years – with players they would not have been able to afford without the now illegal EBT scheme.

HMRC claimed that Rangers owed as much as £75,000,000, including interest and penalties, as a result of their use of EBTs. But this was denied by Murray and Rangers who claimed that the £47.65 million of payments were actually loans rather than actual earnings and not subject to tax.

With today’s decision ruling that the payments were indeed subject to income tax, there is no news yet if old Rangers and Murray will appeal and take the case to the Supreme Court.

Just to remind you of who the beneficiaries were – here is a screenshot of the list taken from the BBC Scotland website:



About Author


Andy Muirhead is the Editor of Scotzine and the Scottish Football fanzine FITBA. He is the Scottish Football columnist for The Morning Star and has written for a number of other publications including ESPN, Huffington Post UK, BT Life's a Pitch and has had his work featured in the Daily Record, The Scotsman and the Daily Mail.

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