Fantasy CVA and Sir David, was this worth the cash?

456

Amid the sea of angst, from some, at Rangers punishment, some perspective is required.  Ban any other SPL club from signing players for 12 months and fine them £160k and they will be modesty inconvenienced.

Most clubs only add one or two key players (all going well) to their squad each season and a fine of less than half a percentage point of turnover is hardly punishment at all.  Some clubs currently owed money by Rangers could have a de facto ban on transfers as a result – and they’ve done nothing wrong.

For bringing the game into disrepute and breaking a myriad of rules, this is a mild censure.

This only becomes problematic if the club is not paying its bills.  Pay your bills, or at the very least, agree a deal with creditors to forgive a portion of debts, and Rangers will be able to retain their current staff and could continue to perform strongly in next season’s Scottish Premier League.

The fantasy that this is a possibility is still being entertained by Duff and Phelps so I see no reason why the rest of us should not point out the inconvenient irony of their position.

The SFA must impose a financial and sporting penalty for bringing the game into disrepute, in this, they have no choice whatsoever.  The penalty must be substantial and act as a deterrent against criminal or disreputable elements becoming involved in Scottish football in future.  Pay your bills or conjure up the mythical CVA and you’ll cope just fine.

One additional point on the financial penalty.  £160k is less than 1% of the debt Sir David Murray was released from when he failed to sufficiently investigate the suitability of Craig Whyte as an owner of Rangers – despite the warnings from others around the Rangers boardroom table.

In light of his failure to take heed of warnings from the then Rangers chairman and his connected financial gain, perhaps Sir David would offer to pay Rangers fine?  £18m, David.  Don’t tell me that’s enough money to drown out Alastair Johnston’s warning and any feelings of remorse.  Paying the fine is the least you owe Rangers fans.

Was it worth it?

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  1. thomthethim on 24 April, 2012 at 14:02 said:

     

     

    ”Don’t cast a cloot, til May’s oot !”

     

     

    As a matter of fact the Hawthorn (which is what the saying refers to) has been if flower for a couple of weeks now, so cast away.

     

     

    Jack Hargreaves CSC.

  2. Duff&Duffer greeting and moaning that they are being punished whilst in administration.

     

     

    They have been superb entertainment and Craigybhoy played another blinder getting them appointed.

  3. jude2005 is Neil Lennon \o/ on

    Conway Twittys – Its Only Make Believe.

     

     

    Naw its no!!!! < o)))))

  4. THEY have threatened to sink the SFA.

     

    That’s a wee bit like threatening to drowning your own wean.

  5. danso_1888

     

     

    Maybe the appeal panel will impliment the termination after reviewing the case… ;)

  6. TheOriginalSadiesBhoy on

    Should it not be “Ne’er cast a cloot till March is oot”. That particular ship has come and gone as has the good ship RangersFC. Perhaps also explains why the hawthorn has been in bloom for weeks now.

  7. From Sky Sports comments after article on Rangers fans outrage. This has to be a Tim at the wind up:

     

     

    wayne says April 24, 2012 12:47pm The supporters group are correct, I have already phoned up and cancelled my online william hills account, i wont be drinking no more carling either. Stand together and be counted.

     

     

    ——————-

     

     

    try not to spit your tea on the monitor when reading. unreal!!

  8. ASonOfDan

     

     

    ah never thought of that mmmmmmmm

     

    maybe thats what they will do after all if you lose an appeal there usually is further sanctions is that not the case?

  9. TheOriginalSadiesBhoy on

    Doh! Just looked it up – ’till May is oot” is the correct version. Sorries.

  10. Awe_Naw_No_Annoni_Oan_Anaw_Noo on

    Bjmac

     

     

    for these and fully apologise for them.

     

     

    Thanks I needed that !!! :-) :-)

     

     

    Hail Hail

  11. ernie lynch, yes, clubs in administration can sign payers.

     

    If a Newco inherited Rangers SPl share then yes, this and other Rangers punishments could carry over. If a Newco applied to the SFL without any connection to Rangers no punishment would be given.

     

     

    If a Newco does not inherit the SPL share it will go to Dunfermline or the next in line for promotion, depending on when the liquidation happens (Dunfermline if they liquidate during the season).

     

     

    jock steins celtic, because there is no team to play :-)

     

     

    Chairbhoy, aye.

     

     

    pggtips2, ha! Good one.

     

     

    Celtic Mac, hmmm.

     

     

    LiviBhoy, yes, good calls.

     

     

    bournesouprecipe, you’ve been shared.

     

     

    TimJim, don’t think we have been paid for tickets.

  12. James Forrest is Neil Lennon! We are ALL Neil Lennon! on 24 April, 2012 at 12:08 said:

     

    ——

     

    James F – Vic’s goal and Foster’s penalty save against the min-Huns.

     

    Hope and confidence sprang from there for me!

     

     

    HH

  13. Earnie,

     

    there is a saying here which goes,

     

     

    You’re welcome Hawthorn, when all fruit fails.

  14. Awe_Naw_No_Annoni_Oan_Anaw_Noo on

    Have you seen the old hun

     

    In the closed-down market

     

    Kicking up the paper,

     

    with his worn out shoes?

     

    In his eyes you see no pride

     

    Hand held loosely at his side

     

    Yesterday’s paper telling last years news

     

     

    So how can you tell me you’re lonely,

     

    And say for you that the sun don’t shine?

     

    Let me take you by the hand and lead you through the streets of Govan

     

    I’ll show you tax cuts that´ll make you change your mind

     

     

    Have you seen the old girl

     

    Who walks the streets of Govan

     

    Dirt in her hair and her clothes in rags?

     

    She’s no time for talking,

     

    She just keeps right on walking

     

    Carrying her home in two carrier bags.

     

     

    Chorus

     

     

    In the all night cafe

     

    At a quarter past eleven,

     

    Same old man is sitting there on his own

     

    Looking at the world

     

    Over the rim of his tea-cup,

     

    Each tea last an hour

     

    Then he wanders home alone

     

     

    Chorus

     

     

    And have you seen the old man

     

    Outside the seaman’s mission

     

    Memory fading with

     

    The medal ribbons that he wears.

     

    In our winter city,

     

    The rain cries a little pity

     

    For one more forgotten hero

     

    And a world that doesn’t care

  15. RalphWaldoEllison-is Neil Lennon Season 2011-12 on

    Keith Jackson in the DR still peddling “it’s all Craig Whyte’s fault” angle in todays rag.

     

     

    RST & RSA both slagging the SFA for allowing our hero into RFCIA.

     

     

    Dope & Pinhead complaining that SFA are being unfair on them.

     

     

    Lafferty’s walking away.

     

     

    Our hero sticks two fingers up to the SFA.

     

     

    Swally though, has gone quiet.

  16. quonno on 24 April, 2012 at 14:08 said:

     

    THEY have threatened to sink the SFA.

     

    That’s a wee bit like threatening to drowning your own wean.

     

     

    =============================================

     

    Should someone point out to them that their club has already near enough sunk them with constant pandering and bending over backwards to avoid disciplining them in the past and the SFA are just trying to stop themselves getting drowned now!!!!

  17. Afternoon Bhoys

     

     

    As I am sure you are all aware many of the first team squad regularly read this blog, a fact confirmed again on Saturday night in The Corinthian, so that said lets be considerate of the true professionals that currently represent our club as we start to discuss the possible trimming of our squad this summer.

  18. Awe_Naw_No_Annoni_Oan_Anaw_Noo on

    Rangers demand urgent appeal hearing over SFA sanctions

     

     

    By Matt Slater

     

    BBC sports news reporter

     

    A Scottish Football Association panel could hear an appeal against the sanctions imposed on Rangers as early as next week.

     

    On Monday Rangers were fined £160,000 and banned from registering new players over the age of 18 for 12 months.

     

    And the club’s major shareholder Craig Whyte was hit with a lifetime ban from Scottish football and fined £200,000.

     

    But it is the player registration ban that has caused most concern for the club’s administrators Duff & Phelps.

     

     

    “It is the sheer lack of any commercial sense to this ruling that has shocked us,” a source close to the club’s emergency regime told the BBC.

     

    “It is a bit like a court telling the administrator of an engineering company that they can survive but they’re not allowed to trade any stock.

     

    “The buying and selling of players is a fundamental activity for any club, and any person with even a hint of commercial acumen will be greatly alarmed by this ruling, and the prospect of what might come next.”

     

    The source said the transfer ban would make it almost impossible for Rangers to field a competitive team next season, and that could have a serious impact on gate receipts and sponsorship revenues.

     

    It would also seriously hinder Rangers’ chances of the early return to European competition that they so badly need to balance their books.

     

    Given the precariousness of the situation, Duff & Phelps has already written to the SFA to demand “an expedited appeal” to the ruling, as well as asking for more clarity on what the ruling means.

     

    As it happens, the SFA is obliged to send the club a “note of reason” to explain how it reached this verdict within the next 48 hours.

     

    The club, as is normal in disciplinary matters, then has three working days to lodge a request for an appeal. Once that is received, the governing body appoints a new three-man panel to hear the appeal.

     

     

    An SFA spokesman said the panel will be comprised of experts from a “cab-rank system” that numbers “hundreds of retired officials, administrators, ex-managers and former players”.

     

    This panel would be chaired by a QC or senior judge, and could be up-and-running as early as next week.

     

    Any further delay to this process would have grave repercussions for Rangers’ hopes of emerging from their current crisis.

     

    The administrators, who have been running the Glasgow giants since 14 February, had hoped to name a preferred bidder for the club on Monday.

     

    But that deadline came and went, like many before, and any hope of proceeding towards an exit from administration under a new owner looks unlikely while future penalties for the club continue to arrive.

     

    The SFA’s action was a response to a number of misdemeanours by the club and its majority shareholder Craig Whyte, mostly dating from his takeover last May.

     

    But there is also a series of Scottish Premier League penalties that will be voted on at the end of this month, and the small matter of an imminent verdict from a tax tribunal that could see a £75m tax bill arrive at Ibrox.

  19. Lest anyone should forget today is the 96th anniversary of the Easter rising.

     

     

    Please remember the men and women who have given their lives for Irish freedom in your prayers today. Éirinn go Brách

     

     

    ‘O WORDS are lightly spoken,’

     

    Said Pearse to Connolly,

     

    ‘Maybe a breath of politic words

     

    Has withered our Rose Tree;

     

    Or maybe but a wind that blows

     

    Across the bitter sea.’

     

     

    “It needs to be but watered,’

     

    James Connolly replied,

     

    “To make the green come out again

     

    And spread on every side,

     

    And shake the blossom from the bud

     

    To be the garden’s pride.’

     

     

    “But where can we draw water,’

     

    Said Pearse to Connolly,

     

    “When all the wells are parched away?

     

    O plain as plain can be

     

    There’s nothing but our own red blood

     

    Can make a right Rose Tree.’

     

    (WB Yates)

     

     

    http://www.youtube.com/watch?feature=player_detailpage&v=35CBWwy98nc

  20. Meanwhile in a leafy suburb of North America a wealthy Scot’s/Canadian businessman reads today’s news on his laptop and has a satisfied grin. The work he started 18 years ago is still being done in Scotland. Maybe one day it will be a level playing field. The bunnet still lies in a drawer……..

     

     

    LB

  21. Mort on 24 April, 2012 at 13:36

     

    I actually quite like that team, strong in mid and creative too.

     

    But I think Sammy will play.

     

     

    As for that knob on RS even MENTIONING Lenny. It’s beyond belief.(well no, it’s not)

     

     

    A ‘mate’ who i’ve worked with on&off for years has been txtn me the last few wks RE: Hun game, Killie game , Hertz game. I’ve kept shctum until this morning when all I txt back was HAHAHAHAHAHAHAHA.

     

     

    You can imagine the response!

     

    They are all the same, ‘canny take it’.

     

    Anyway he annoyed me, and i’m gonna boot his staines when I see him.

     

    Stupid hurting thick HUN.

     

     

    brimmer

  22. Kittoch – which one is Declan? :-)

     

     

    Only joking, i hear what you are saying and agree.

     

     

    Anyhow, see that Gary Hoo………………….;-)

     

     

    HH

  23. St Stivs, John MacMillan.

     

    “Decent enough guy, never any hassles over the football, straight enough, but wouldnt get into any debates with you.”

     

     

    Perhaps you were in a position to effect him??

     

     

    I wonder if his brother who stopped attending when The Merde was signed has returned to attending yet? Why did he stop,guess!!

     

     

    ” Birds of a feather etc “…………..

  24. here is another line stolen from rangers tax case,

     

     

    SFA sanctions on Rangers, one word, necrophilia

  25. On the subject of songs for Sunday. I have always wanted to play the Muppets tune when the Huns come running out.

     

     

    LB

  26. JinkyvJohnGreig-saysitall on

    Some more songs for Sunday…

     

    The Alarm – Where were you hiding when the storm broke

     

    U2 Beautiful Day

     

    U2 The Sweetest Thing

     

    Hothouse Flowers – Don’t go

  27. 5th generation on

    James Forrest,

     

     

    Turning point of season…

     

     

    One of the home Europa games can’t quite remember the opposition anyway the team had been pretty poor so far in the season and had not clicked.

     

     

    The game itself was in danger of getting away from us and Kayal put a tackle in near to the main stand.

     

     

    Got the fans going and got the team going , we kicked on from that tackle IMO.

  28. The Battered Bunnet on

    Bourne

     

     

    That’s about the funniest thing I’ve read, on here or elsewhere.

     

     

    Priceless.

  29. Green Lantern (((((0))))) on

    Send Lawyers Guns and Money

     

    The Shit Has Hit The Fan.

     

    Warren Zeavon.

  30. Some things in life are bad they can really make you mad

     

     

    Other things just make you swear and curse

     

     

    When you’re chewin’ on life’s gristle, don’t grumble give a whistle

     

     

    And this’ll help things turn out for the best

     

     

     

    And always look on the bright side of life

     

     

    Always look on the light side of life

     

     

     

    If life seems jolly rotten there’s something you’ve forgotten

     

     

    And that’s to laugh and smile and dance and sing

     

     

    When you’re feeling in the dumps don’t be silly chumps

     

     

    Just purse your lips and whistle, that’s the thing

     

     

     

    And always look on the bright side of life

     

     

    Come on, always look on the bright side of life

     

     

     

    For life is quite absurd and death’s the final word

     

     

    You must always face the curtain with a bow

     

     

    Forget about your sin, give the audience a grin

     

     

    Enjoy it it’s your last chance anyhow

     

     

     

    So always look on the bright side of death

     

     

    Just before you draw your terminal breath

     

     

     

    Life’s a piece of shit when you look at it

     

     

    Life’s a laugh and death’s a joke it’s true

     

     

    You’ll see it’s all a show keep ’em laughing as you go

     

     

    Just remember that the last laugh is on you

     

     

     

    And always look on the bright side of life

     

     

    Always look on the right side of life

     

     

    Come on Brian, cheer up

     

     

     

    Always look on the bright side of life

     

     

    Always look on the bright side of life

     

     

    Worse things happen at sea you know

     

     

     

    Always look on the bright side of life

     

     

    Always look on the bright side of life

     

     

    Always look on the bright side of life.

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