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Bigger questions loom than reconstruction

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By on CQN BLOG & Comments

We now know that Craig Whyte met Neil Doncaster and Ralph Topping, directors of the SPL, in London in October 2011 and informed them of the likelihood that Rangers would go into liquidation.  Whyte’s plan, to start a Newco and have it parachuted into top flight football was only taken seriously as a result of these three having a head start on everyone else and doing some preparatory work.

Charles Green has no such plans.  If he loses Ibrox, becomes embroiled in IPO-related troubles or fails to bridge the gap between money-in and money-out, an unplanned liquidation could follow with a potentially protracted period where physical assets are moribund and playing assets and other staff are released.

The SPL and SFL would do well to consider ‘what next?’ when they hold separate meetings next week.  The century-old ways are gone, things will never be the same again.

I’m really pleased the aforementioned Charlie issued an apology for his offending comments, even if he did so under duress from the SFA.  This kind of rhetoric has taken control within football in some European countries.  Once the door is open it is hard to close it again.
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  5. Dontbrattbakkinanger on

    Whither the cash strapped scrofulous hillbillies the day?

     

     

    [a big question]

  8. starry plough on

    ASonOfDan

     

     

    Regan’s statement is skin crawlingly vomit inducing…

     

     

    He needs his busfare home and let Campbell have the guts to put his name to this stuff..

  11. tomtheleedstim on

    There’s a gentleman that’s going round

     

    Turning the joint upside down

     

    Stool Pigeon

     

     

    AugustDarnellCSC

  14. leftclicktic on

    Any word on Victos kangaroo court hearing today?

     

    Madden should be ashamed of himself)knowingly) deliberately putting a young man in this position on the eve of a Semi Final

  18. jungle jam67 on

    would love to know what safe guards chuckles gave to the sfa

     

    was it verbatim or witten

     

    just hope RCO did not sign it off

     

     

    when are the audited account out charles?

     

    show us the money

     

     

    jam67

  21. ASonOfDan on

    Ally demands to know why, as the manager of a ‘Scottish Institution'(Copyright Stewart Regan) he is not on Thatcher’s funeral invitation list!

  24. Celtic_First on

    It’s funny how shelebrities on these shores give their weans made-up names or the names of budgies and hamsters while their counterparts on the continent go for things like ‘Bryan’.

     

     

    I mean no offence to any Bryans or their parents. It just struck me as funny.

  26. ASonOfDan on

    ‘Obviously, the incoming regime has to give us commitments regarding the fit and proper nature of the people who will be directors of the club, and the involvement of Craig Whyte was a concern for the board, as I suppose it was for the supporters of the club and the wider population.

     

    ‘We made it very clear when we signed the documents last summer that this was an issue for us and warranties and undertakings were given.

     

    ‘The fact that there have been revelations that we were unaware of means we need answers to those questions.’ Regan

     

     

    What exactly does Campbell Ogilvie do at the SFA?

  27. AndyM on

    Anyone heard anything like this in the last 30 mins?

     

    this is a text I just got from a decent sevco source;

     

     

    Mate were fcked. Huge announcements from Rangers this afternoon @3pm. We’re windin up again for another administration. Greens more or less admitted that Whtyes still runnin Rangers n he wants out. They’ll b a MVL which is a Members voluntary liquidation. Which basically means anything over a million that’s not havin an investment is returned. The share issues as an example. Walter smith is tryin to recruit the blue knights n Parks PLC to buy out Green n Whtye once and for all.

  31. ASonOfDan on

    AndyM

     

     

    It has been rumoured all week Today was going to be a huge day regarding Sevco. We will wait and see…

  33. stephenpollock on

    I t will be interesting to see what BDO do – surely they must use their powers to null and viod the sale. It is clearly not in the interests of the creditors. Also the relationship of D&F, Green & Whyte is suspect to say the least. Why no action?

  34. googybhoy ♥ Celtic on

    auldheid

     

     

    12:21 on

     

    11 April, 2013

     

    googybhoy ♥ Celtic

     

     

    The SFA have at least some financial grounds for refusing to grant a licence for next season and the latest events make it harder for them to stay out the licencing picture.

     

     

    Club licencing is the SFA’s greatest lever over all clubs and it is their unwillingness/refusal to use it that has created the mess.

     

     

    ………..

     

     

    Given their previous form or lack of it, I will not be holding my breath.

  37. Ntassoolla on

    Racism would be refusing to work with people or employ people because of their race. Or harassing them out of job and home.n

     

    A few poor taste remarks do not constitute racism.

     

     

    Words like d@&kie, n?@ger, P£ki etc … are common place in London. As are the Cockney rhyming versions, like silvery, or the Glasgow one, Hamilton Accie,

     

    I hear them used in Glasgow by men in their seventies. Anyone who warms to the task of reprimanding a 90 yr old simply for using the language of a man of his day is a bully and a coward.

     

     

    Not so long ago Celtic fans were clamouring for the criminalisation of songs THEY they did not approve of.

     

    Sticks and stones and all that. This forum is taking on the tone of the primary school playground, complete with teachers pets and clypes.

     

     

    600,000 white Lomdoners have left in the last ten years. They had their reasons. Fortunately freedom of movement is still a human right, so the PC left cannot force them to have neighbours they do not want.

  40. leftclicktic on

    ASonOfDan

     

    JJJTB

     

    said last night all he expected this week was already in the papers,

     

    But with this mob Just stay tuned

     

    The gift will deliver again soon :))

  41. ArranmoreBhoyLXV11 on

    HH

     

     

    is this to be another valentine s day.. .?

     

     

    Ironically I m later ,passing very close to Hector’s house.. Gonna get me on the news.. A wee burst of ” the king of kings” for the TV…

     

     

     

    Seriously, there is indeed trouble a t’ mill..

     

     

    Can a team be put in the junior leagues?

     

     

    I ve a spring to my step..

     

     

    HH

  42. AndyM on

    BatteredBunnet – normally I would have, but the source was unusual in that he rarely goes in for that kind of sensationalism. We shall see.

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