Smith’s battle on Everton investments
Ex-Rangers boss Walter Smith has launched a court bid to claw back cash invested during his time as an English Premier League manager.
The 69-year- old Ibrox legend has started proceedings against high-profile financial expert Neil Caisley at the Court of Session.
Former Scotland manager Smith is suing him over money paid into a pension fund while he was in charge of Everton in the 90s.
Caisley describes himself as a financial adviser and his page on business networking site LinkedIn listed Smith among high- prof i le ex-players and managers described as his clients.
They included strikers Duncan Ferguson, Andrei Kanchelskis, Ian Wright and Paulo Wanchope.
Caisley’s page also cited ex- England boss Glenn Hoddle, former Liverpool manager Gerard Houl l ier and Stoke City supremo Mark Hughes among his high-profile customers.
The site was altered last week to remove the names of individuals including Smith.
Instead, Caisley ’ s client list was described as a “bank of professional footballers and managers and HNW ( high net worth) clients”.
Smith decl ined to comment on the case, which was listed last week at the court in Edinburgh. It is understood another man is also being pursued by him.
A source said: “Two individuals are being pursued, Mr Caisley and another man, who did some work for him on his pension when he was at Everton. It’s money Walter feels he’s due in relation to that period in his career.”
Caisley, 59, of Codicote, Hertfordshire, was unavailable for comment last week.
The law firm involved in his action, Drummond Miller, also declined to comment.