Celtic reiterate stance on Ranger's use of Employee Benefit Trusts

Celtic have moved to underline their contrasting stance to Rangers chairman Dave King's claim that the Ibrox club received no sporting advantage from their use of Employee Benefit Trusts (EBTs).

Celtic reiterated their position less than 24 hours after King released a defiant statement warning other clubs and Scottish football authorities against stripping titles from Rangers.

The issue has been reignited after Her Majesty's Revenue and Customs won its appeal against previous rulings over the contentious EBT payments during the first decade of the century.

The Parkhead club released a short statement in response to considerable interest from supporters, shareholders and media representatives''.

The statement read: We are aware of last week's Court of Session ruling, which we note is subject to potential appeal.

Celtic's position on this issue is consistent - that this remains a matter for the courts of law and also the Scottish football authorities whose rules are intended to uphold sporting integrity.

In 2013, we expressed surprise - shared by many observers and supporters of the game - over the findings of the SPL Commission that no competitive or sporting advantage had resulted. That remains our view.''