It’s not like we didn’t warn them. Charles Green, with his ‘blame it on bigotry’ and ‘Rangersitis’ nonsense was an even more transparent charlatan than wee Craig Whyte. Green moved in, fed them the nonsense they were oh so willing to swallow, and made off with their millions. All carried out in broad daylight.
The financial realities were self-evident from day one of Newco’s existence. For a while you had to wonder if any of vast number of fans, journalists and fan-journalists with computers had a spreadsheet between them. But, a more powerful force than Rangersitis had taken hold – vanity. The kind of vanity only those afflicted by a notion of supremacy are susceptible to.
Their club was liquidated, a newco was formed. It adopted Rangers’ name while the original club was still an SFA member (and granting permission for their players to turn out for was for the time known as ‘Sevco Scotland’.
Put yourself in their shoes for a moment. This isn’t an easy pill to swallow. Around these parts people invest the kind of sentiment in their football team which goes into nationalism elsewhere, occasionally causing wars. It’s a primitive but natural part of all of us, so perhaps we should have been more respectful of the feelings of others at the time. Cough.
If someone was able to chart the world’s Cognitive Dissonance harvest it would have been off the chart for the last two years, brought about when a degrading reality met a supremacists vanity. The subsequent scarcity of Armageddon (biff), Celtic’s flourishing Champions League action (bang), the new New Firm (whallop) were all late blows which none of the Jokers at Ibrox anticipated. Even Kilmarnock managed to sort themselves out without collapsing into administration.
Without the ability to accept credit or debit cards, or with the bank’s authority to allow fans to automatically renew season tickets, the signs are written as tall as Ibrox’ Club Deck. I can’t see more than a few thousand being prepared to throw their money into a landfill site.
Season ticket renewal deadline has been moved to a week before when next month’s wages are due. Right now the directors have a reasonable aspiration that tens of thousands of fans will renew but on 17 May, the day after the deadline, reality should crystallise. If there was a spread bet available, I’d put my money on administration in the days to follow.
Money talks, it don’t sing and dance and it don’t do walking away….
Yogi Bare – John Hughes fascinating autobiography, signed copies available below:
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PeteTheBeat .
Ticketus claim that a Motherwell born billionaire induced them to give him a loan by means of ” serious and deliberate misrepresentations ” . The truth of that has yet to be definitively decided by the relevant Court.It also remains to be seen whether the Motherwell born billionaire uttered any corporate guarantees to Ticketus.( and if he did whether he was legally entitled to do so ) .
Just a wee part of a fabulous multi faceted mess.
Listening to Off the ball and jingle jackson says it’s been ‘muted’ that Ibrox could be in danger of being sold off by way of explaining the lastest standoff / season ticket strike.
I blame the skools!
HH
Petethebeat.ah ticketus the introduction of that relationship should be investigated.murray and whyte.
Whyte gettin that amont of tick on whose say??
Just lettin the old thought process tumble
HH
Fantastic goal Wayne Rooney.
You’ve got to hand it to the guy. What a player.
so he was the best out of position left back at that world cup, thanks for clarifying I stand corrected, well actually i’m sitting so technically i’m the best sitting person that stands corrected …..similarities abound eh?
Bhoys lets forget about Hooper ,Wanyama ,Ledley.they aint coming back,full stop
Reality check at BBC Scoddland by Alistair Lamont
Rangers manager Ally McCoist says the early indications are that his playing budget for next season will be similar to this year’s.
McCoist is to meet club chief executive Graham Wallace on Monday to discuss the budget and potential signings.
The business review published on Friday stated that McCoist would be given funds to strengthen the squad as they seek to win next season’s Championship.
But Rangers’ finances remain in a precarious state.
There are question marks over how much will be earned in the coming weeks from season ticket renewals.
The review also stated that a failure to sell a sufficient amount of season tickets would mean Rangers could not operate without seeking external finance, so it remains to be seen where the money to strengthen the squad will come from.
Five of McCoist’s current squad are out of contract this summer, so there could be some slack in the wage bill.
Major shareholder Sandy Easdale and chief executive Graham Wallace will have a say on McCoist’s budget
Asked whether he was encouraged by what he had seen in the review, McCoist replied: “I wouldn’t go that far.”
He added that he would reserve judgement until he had had further discussions with Wallace.
Nor did he wish to discuss the proposed appointment of a chief football operations officer, saying only that he did not know what the post would involve and that only Wallace would be able to answer questions on that.
———
Cat got your tongue, Sleekit??
timbhoy2
18:40 on 26 April, 2014
Amen to that…
Keep the Faith!
Hail Hail!
PeteTheBeat 18:09 on 26 April, 2014
“Keep asking this but no answers.
“What possessed Ticketus to lend the £27 million in the first place?”
Ticketus had a long-standing arrangement with Rangers (IL). This was not a one off deal.
It was David Murray who told Craig Whyte about Ticketus paying money in advance in the first place.
Ticketus had no reason to suspect the deal was any riskier than it had been previously.
EDB
It’s a feature of the nature of this community that Paul has created.
I owe you some beer btw.
TBB
CQN Predictors first ever Europa Leage Final result.
GW39 Hillend Rockies 26 v 30 Norfolk Enchants
Congratulations to Norfolk Enchants, commiserations to Hillend Rockies, great job getting this far.
thunder road you describe larkhall like a resident, which I used to be lol
Uttered, that word just keeps popping up, it won’t be chased away and sooner or later we shall know the Utterers!!
Oh my aching sides…
Paul67 – -Brilliant stuff, one of your best posts ever.
We all know what should happen, don’t we? Of course we do and in virtually all civil societies it would follow that the hunbigots should go under. Very simple really.
But, and it’s a big big but, Scotland is not like anywhere else, is it.? Scotland lives in 16th and 17th Century and follows the rules that were in place then.it is unbelievably pathetic, but nonetheless a fact. Celtic is the anti Christ, the sworn enemy and worst of all, it attracts Roman Catholics, a total blight on society.
So, what can we expect for the future of the bright blue hope, they must not die and cannot be allowed to die. Every stone, every rule will be made available to allow them to survive, and worst of all, the cause of their demise is not skulduggery, fraud or anything like that, is it. It’s all the fault of Celtic. Stop them, attack them publicly for even the most minor misdemeanour and prevent them for being successful.
Sadly, I do feel that will happen and hunman will return from what should be certain death.
KINGLubO
squire danaher
Chief football operations officer.
Do you think the Walter is goin to get dusted down 1 more time to extract that season ticket money?
squire danaher
18:42 on 26 April, 2014
More intriguing question than what the Chief of Football Operations role will be is how much will they get paid?
After all Swally is on what £800k, I would imagine it will be a hefty wedge. Creating a new post when there is talk of redundancies. They are still planning to live beyond their means, ideas of grandeur, they’ll never learn.
Keep the Faith!
Hail Hail!
charliebhoy
Nae such luck mate!
What do you mean you USED to be?
Are you mad? :)
TBB
You owe me nothing my friend. Kind words create peace and contentment in the mind of the recipient.
TY
S.o.T there was a riva too? Round bout same as Rivera am I righr there?
eldiegobhoy
18:51 on 26 April, 2014
You out on the 10th May?
Keep the Faith!
Hail Hail!
Thunder road – their shamelessness and stupidity is boundless
Lenny Bhoy – would they use the director of football appointment as a pretext to cut Sleekit’s wages and force him out the back door??
An tearmann
Yes
Luigi Riva (Cagliari) and Gianni Rivera (AC Milan, who is a dead ringer for Al Pacino playing Michael Corleone) two different players of late 1960s
4-0
Great second half by Man U.
Fantastic start for Ryan Giggs.
starry plough (18:04): Stranraer fans were waving credit cards and singing “You’re not Sevco anymore”
I trust the DR will be reporting tomorrow that the Stranraer fans are to be charged with “not acting in the best interests of Association Football by singing in public about The Rangers’ fragile financial situation”.
One rule for them and another rule for Celtic
(Apologies for posting such filth on CQN. I’ll bleach it clean when you’ve all gone to bed.)
That!s enough now Utd.
Got 4-0 in the Predictor.
sanity prevailed when my brindle boxer dugs were called fenians cause their coats were hooplike (nothing to do with them both going mental,as the orange walk marched past) but yes moss the chemist, londis the grocer,and spice of life take away(even though its owned by a card carrying hun ) had to change their livery from green, the park railings are royal blue,and yes the green in the traffic lights are knocked out weekly
Lennybhoy
Probably. But I’m not having a curry at 12.30!
Was in the Beer Café last Saturday with the girls then went to KoolBa just after 5ish. Lovely meal again.
By the numbers likely to attend it’ll have to be a big venue.
squire danaher
18:57 on 26 April, 2014
That would the logical step but remember we are dealing with the last of the big spenders…:)
Keep the Faith!
Hail Hail!
I loved Luigi Riva.
Number 11 I think he was. He was a National hero.
SOUTH OF TUNIS
Sorry for shouting. QueenLubo and I are going to holiday in Sicily this year and would you tell me the best place please. We like quiet, people watching, good food and wine and I’d love to do The Godfather bit as well.
Answers on a postcard please.
Much obliged
KINGLuBO
Ryan Giggs
A man who slept with his own brother’s wife……..morals of a sewer rat. His dive against us a just a slight blemish in comparison,
Just perfect for Manure. Hope their slide into mediocrity is long lasting.
eldiegobhoy
19:03 on 26 April, 2014
Not sure if I am going for curry yet but hopefully you will be about by the time I come in. Catach, occasional poster is coming over with a couple of Bhoys. I intend timing it to catch him as we have never met but keep in touch through e-mail and have spoken on the telephone, he is a gem of a Bhoy.
Booked a wee two night stay in Country House in Perthshire for me and Mrs. LB to celebrate our 20th wedding anniversary, which is 4th June. Our stay starts on our anniversary, she has been nipping my head to find out where we are going but I am not for bursting.
Must take a run through and see you over the Summer.
Give my love to the Ghirls.
Keep the Faith!
Hail Hail!
Kinglubo
ah bit they did die.
Bada Bing
Posted some Chuckles Green earlier..
Below my favourite Christmas address from the man who has just stuffed
His trousers with an Dec 2012 IPO.
http://www.youtube.com/watch?v=HrbY7NmGxHU
My mate a week or so after video was made asked PL when we were getting our Christmas message a la Charles.
Mr Lawwell just smiled.
: > )
David Murray.
Despite all the borrowed money at his disposal he has kept the same artificial legs he was given after his horrific road accicent.
Addicted to a particularly nasty blog – you know the one – his wife sometimes hides them so that he can’t access the forum to keep up with the bitter comments.
One thing that keeps him awake at night – that word.
Uttering.
Paul blogged about this word a year or so ago. Keep it in mind as we reach the end game….
Uttering…
So Celtic playing on a Sunday to accommodate a 3rd tier NewClub who were on SKY on a Saturday.
Over the season Celtic will have played 4 League Games on a Sunday at Celtic Park, whilst in comparison the NewClub will have played NONE on a Sunday at Ayebrokes.
Sunday transport always difficult for faraway supporters to travel to see their teams plays apparently this not a problem for Sevco.
The game is corrupt.
HH
Their ultimate demise is now inevitable.
It’s a matter of when not if.