Admins flash the bling instead of paying creditors

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Can you believe these Duff and Phelps people?  They can’t afford to pay Rangers taxes, or other SPL clubs monies due, but today they tried to increase their payroll today by asking the SPL to register Daniel Cousin.  Can you imagine what the out-of-pocket creditors feel about this?

These people are in place to make sure the company trades long enough to repay creditors.  They can trade perfectly well with the three dozen or so players they have, what kind of justification could they possibly give to the court for playing Football Manager with other people’s money?  No wonder HM Revenue and Customs fought their appointment.

What an absolute shower. It’s almost as though that place is some kind of lightning rod for a special type of competency. It’s not your money you’re spending, pay the club’s bills and stop looking for football bling, that’s what got the last lot into trouble in the first place!

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  1. Here’s a wee question….

     

     

    Would a bill for £75 m

     

     

    Plus and additional bill for other staff at MIH on similar EBT schemes have tipped a financially distraught Murray international into admin?

  2. Paul 67

     

     

    about to head out and you put new article on at 9 on a friday evening, is that the last one tonight? Seriously thanks for all your work, more power to you fella, much appreciated.

  3. G64

     

     

    I don’t mind the grumpy or the git ,but

     

    I do take offence at the old. You fine

     

    well know I Peter Pan of the Vogue.

  4. celticrollercoaster says In Neil we trust on

    And the scores, very close…..

     

     

    Mr Stimpson 6

     

    stevie67 6

     

    Jobo Baldie 6

     

    Tom McLaughlin 5

     

    setting free the bears 5

     

    hamiltontim 5

     

    The lizard King 5

     

    dirtymac 5

     

    St MichaelsBhoy2 4

     

    Celtic Soul Brother 4

     

    thecat 4

     

    gerry_bhoy 3

     

    Top Corner 2

  5. P67

     

     

    unless Cousin was paid upfront ……the actions of the administrators in trying to register him is reprehensible and contrary to their responsibilities

     

     

    hope fully HMRC are keeping an eye on this and will challenge them asap

     

     

    btw …..i thougt they were barred from signing and registering new players

  6. Can I just say that in my day 1M was 1,000,000 and 1m was 0.001. Totally different things. Bring back stadard units as it reduces the hun debt.

  7. celticrollercoaster says In Neil we trust on

    Round 2: Squad numbers alert. Name the 8 Celts that have worn the no. 16 squad jersey?

     

    (2pts per correct answer if you are first to answer correctly, 1pt if you answer correctly but not first. One submission only per round)

  8. Yet again, dignity fc try to operate outside the rules! Rangers have consistently failed to take any action to help themselves with their debt problems, yet they expect and welcome assistance from all quarters calling for them to receive special treatment because of who they are. This arrogance and superiority complex is probably the main reason they find themselves where they are. If they emerge from this debacle without due punishment and harsh lessons learned, I fear for the future of the Scottish game.

  9. Paul67,

     

     

    Thanks for the quality articles over the last week. It is almost like we are reading everything the wrong way, it has been truly surreal what has been happening these last few days. I know them going bust was going to be monumental but it seems to have put off kilter a lot of professional peoples minds. Or maybe they are all just huns. ;)

     

     

    Surely HMRC will get these administrators removed but then again why would the MBB administrators even contemplate this move today, something just does not add up. It’s as if Whytie wants HMRC to take over and liquidate them but give the impression he has tried in a bizarre kind of way.

     

     

    Who cares, it is funny as heck to watch it all happening.

     

     

    I’ve not been able to read through all the stuff this week (traffic was just far too much) but it must rate as one of the best ever for contributions to the site. The quality comments by so many posters has been incredible and it has been a privilege to read the blog even more so this week.

  10. celticrollercoaster says In Neil we trust on

    Mr Stimpson says:

     

    17 February, 2012 at 21:20

     

     

    Inflation has obviously wrecked your mind :-)

  11. Round 2: Squad numbers alert. Name the 8 Celts that have worn the no. 16 squad jersey?

     

    (2pts per correct answer if you are first to answer correctly, 1pt if you answer correctly but not first. One submission only per round)

     

     

    Joe L

  12. Celtic Soul Brother- Supporting Kano 1000 on

    1.ledley

     

    2.n’guemo

     

    3.jarosik

     

    4.petrov

     

    5.hooiveld

     

    6.flood

     

    7.robson

     

    8.varga

  13. archdeaconsbench@ 21.15

     

    I mentioned it at the time, thought i was hearing things.

     

    So its a definite rule change this season for the huns to get back in SPL.

  14. How would Hearts feel if Cousin had been registered today and then scored against them in their next game while they are still owed £800,000? Just incredible!

  15. Ledley.

     

    Lambert

     

    Keane, Robbie

     

    Keane, Roy

     

    N’Guemo

     

    Laursen

     

    Weighorst

     

     

     

    Jobo

  16. DUSHANBE BHILLY BHOY on

    Scottish Establishment sycophants and appeasers…(you know who you are.. i.e. Keevins et al)

     

     

    …….your time is up.

  17. JimmyQuinnsBits on

    I keep looking for another angle here. It all looks too incompetent, too chaotic. Surely he went in with a plan that was a bit more intelligent than: get in, say anything you need to keep the mugs sweet, stash the money, and run?

     

     

    Maybe, though, we’re just trying to over-theorise. Maybe he really believed it would work. Maybe he gambled that, in the world of corporate and tax law, he could be immoral but not illegal. Or even if he was “a wee bit illegal” the penalties will in no way outweigh the benefits for him. Maybe he’s exposing four problems in one glorious scam:

     

     

    1) the corrupt practices of rangers

     

    2) the corruption of the media

     

    3) the superiority complex of the rangers fans, and its gullibility counterpart

     

    4) the inadequacy of corporate law

     

     

    Maybe he really is a hero

  18. 'crushed nuts?' 'Naw, Layringitis!' on

    Ally, Ally, superswally, has come out demanding answers from CW, up to this point he has sworn unswerving alleigance to the boss-eyed wonder. Why the change of heart? Is it because the man wi’ the face like a hallowe’en cake can no longer give the belt stretcher his Harry Potters? ‘Ah’m a ranjurz fan’ What happened next?

  19. Ulrik Laursen

     

    Joe Ledley

     

    Thomas Gravesson

     

    Henri Camara

     

    Stan Varga

     

    Stan petrov

     

    Roy Keane

     

    Ramon Vega

  20. 1. Obviously Joe Ledley

     

    2. The bald madman from Madrid: Gravesen

     

    3. Big Jos

     

    4. Transfer windowman :-( Flood

     

    5. Wee orc David Hanna

     

     

    Ully Larsen?

  21. Agree with Paul here – I was, whats the phrase, astounded of forehead, to hear that Rangers FC (in administration) were attempting to register Cousin. Its utterly remarkable that the administrators should even consider it to even get to the stage that the SPL would block it.

     

     

    This is a worrying sign – is there something in the water at Ibrox? Does it make people fiscally challenged.

     

     

    Utterly remarkable for a club thats going to have to beg forgiveness to feel its still okay not to pay other SPL clubs while signing another player.

     

     

    Their sense of superiority means they thought this is okay.

     

     

    Seems that Whyte has chosen the correct administrator eh!

  22. I will tell you this David Murray has to be world businessman of the year!

     

    No longer will elite salesmen be coupled with the saying…

     

    “he could sell snow to the Eskimos !”

     

     

    The new elite sales comparison will be…

     

     

    “he could sell £75m of debt for a £1!”

     

     

    £75,000,001 profit in one deal! Wow

  23. Mr Stimpson says:

     

    17 February, 2012 at 21:20

     

     

    Inflation has obviously wrecked your mind :-)

     

     

    perhaps, perhaps…but 1M the 1×10^6 and 1m is 1×10^-3. Therefore, if the hun are only in 74m debt thats less than the pound that Why/ite paid for the hun.

     

     

    75M = 75,000,000

     

    75m = is 7.5 pence

     

     

    I blame lazy journalism

     

     

    pedantic CSC

  24. Question fholks

     

     

    With all the responses here re. the comical phone-ins. Can anyone enlighten me as to which, if any, is worth of any attention to their incessant, one-sided twaddle?

     

     

    They are not to believed, they are not to be relied upon, they are not impartial – they are quite the oppositite.

     

     

    No credibility, have a good laugh – end of. They do not deserve a responce, so don’t flatter them.

     

     

    Cheers

     

     

    Alex

  25. tommytwiststommyturns says:

     

     

    17 February, 2012 at 20:54

     

     

    Uly – don’t forget Cadette’s “goal” at Ipox….best not go there. Too many bad memories!

     

    ——————————————-

     

    I watched that on Sky in a friend’s house. I thought I detected something untoward as the camera focused on the teams in the tunnel. McCoist detached himself from his fellow huns and made a point of wishing linesman McBride a very special New Year with a very special handshake.

     

     

    At that point McBride’s life became complete. His smile was as beatific as a hun’s smile could ever get. I alerted my friends to the events unfolding on the screen but was dismissed as a paranoiac.

     

     

    Then the raised flag. Paranoid? Who me?

  26. celticrollercoaster says In Neil we trust on

    Mr Stimpson says:

     

    17 February, 2012 at 21:28

     

     

    You scored 2pts for your answer of £13m.

  27. The Lizard King on

    Hannah

     

    Laursen

     

    Lambert

     

    Juninho

     

    Roy Keane

     

    Donati

     

    N’Guemo

     

    Ledley

     

     

    HH

     

     

    TLK

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