This evening’s announcement by Dunfermline Athletic that they no longer expect to receive timely receipt of the £80,000 ticket money Rangers FC PLC (in administration) owe them will heighten concerns at Inverness Caledonian Thistle, who have a stock at tickets with Rangers right now, money for which will be received by the administrators in advance of their game later this month.
The administrators have yet to decide whether to retain high-earning players or make more funds available for existing creditors, and future creditors, like Inverness. As ticket sales for the Inverness game are on-going, the administrators will need to be aware of their legal position before retaining a premium squad.
One final push (this week) for the Vanessa Riddle Appeal. We have a Celtic top signed by the first team squad available to auction on eBay. You can bid on the auction and help send Vanessa for the treatment she needs by clicking here. Thanks to Penfold for the donation and to Taggsybhoy for organising (yet again).
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ajaxbhoy says:
15 February, 2012 at 20:45
Please don’t quote Phil FREEMASON Esterhase to me! :-)
Loved Hill Street Blues. Big Phil – a true star!
Don’t call him Dingwall or Dungwall.. that’s so disrespectful.
Every fule kno that his real name is ‘Dark Mingwall’
Huns 2012 Album tracklist [nicked from NTH]
1. Borrow, borrow (we will borrow millions)
2. God pay the Queen
3. The Cash my father owed.
4. Penny Blockade.
5. Simply in debt.
6. We’ve re-mortgaged Derry’s Walls
7. The Cry was No Reminders
8. Hullo, Hullo ( We are the Bailiff boys)
and the best bit –
The day the Huns file for administration is also the Feast Day for Saint Huno who died in 690
Who is the ITV commentator?
I know he drives me nuts every time I hear him but just can’t remember the pompous, biased idiots name!
The Singing Detective says:
15 February, 2012 at 21:33
Is he? Ha ha, Blotto will be going apoplectic, look forward to reading it HERE, SOON, TOMORROW!
Sandman Is Neil Lennon says:
15 February, 2012 at 20:13
Enjoyed that post Mate, great stuff to stir the Heart after a long day..
SP
canamalar at 21:30
I thought any tax bill was a liability and only becomes a non liablility if the appeal is won
In reality yes it is but it doesn’t have to be declared on balance sheet from what I can remember. Accounting rules change regularly so that might have changed but I don’t think it was on their last one.
That doesn’t mean it won’t have to be paid if they come through the other end.
Mort
Lubo says:
15 February, 2012 at 21:33
If Carlsberg done stadium naming rights!
The Tax Payers Stadium!
amadeus says:
15 February, 2012 at 21:38
My office now, I just got home…
hamiltontim
He is stimulating and absorbing, multi-layered, clever, warm, funny (and available for CQN Golf outings)
*he wears a funny hat, and is the only CQN’er ever caught not doing the giant huddle*
Baresi Costacurta Tassotti Maldini
All declared fit for the return game in London
I hope (and suspect) that McFall will widen the debate beyond the huns.
The way Whyte and those like him do business reminds me of Ted Heath’s description of Lonhro as ‘The unacceptable face of capitalism’.
The whole business model is immoral and should be stopped.
Bjmac, Exiled Tim,
Thanks for your responses. The next two weeks will be historic.
I enjoyed a glass of wine with a top business journalist tonight in Whigham’s fine emporium. I encouraged him to build in the £50million rights issue underwritten by MIH and probably written off by LBG into the overall exposure you and I, as taxpayers, have to this corrupt enterprise.
Venger confident of second leg victory with the return of Kyle Bartley….
Stop sniggering at the back!!! Yes you bhoy!!!!!
paul 67 did I make a mistake, was there a blog crash around 7.30 pm but my post never happpened
The Singing Detective says:
15 February, 2012 at 21:33
Sons and Daughter went to St Pats and Notre Dame, Dumbarton.
Visited many grounds with one.
mickmacaroon says:
15 February, 2012 at 20:33
Very wise advice from AjaxBhoy to you. It’s not worth the satisfaction of having a verbal go at them. Some of their supporters are rabid dogs and wouldn’t hesitate to make good their threat to you. Think about your family and loved ones and permit yourself a quiet smile when you hear their illogical, desperate and delusional ramblings.
Hail! Hail!
JohnnyRambo67
If your lurking bud i see your lyrics have got the clip on you tube they deserve how will you handle the stardom,. .. ohhh and a wee chorus at ipox if we make it there is now more probable than possible . good night Timland.
HAIL HAIL
Mort says:
15 February, 2012 at 21:26
“Say some who might not have been on a lot of money, will they find it difficult with pensions in years to come?”
Not to worry, BBC Scotland provides a pension for former Ragers who need the money.
Whatever happensto the hun will happen, into the blender most likely, they are toast.
The SFA are who we should be turning our attention to, they have facilitated the hun and allowed them to dictate the game in scotland to their own ends.
The sfa are responsible for this mess, the sfa have been complicite in the fraud that has taken place to the detriment of all the clubs in scotland.
Unless questions are asked of the sfa, the hun will be afforded safe passage after insolvency, the time is now to take them to task, or it may well be too late hermanos.
OOPS its the day the rankers died by BrayBhoy.
HAIL HAIL
Ernie – totally agree that the two said quite different things.
However they shared a motivation – be seen to be a friend in order to win votes.
As for Salmond’s exact words – its like you or I saying that the priority is peace in the Strait of Hormuz.
It sounds great but neither of us has any influence on it happening.
Hail Hail
Mort says:
15 February, 2012 at 21:37
Ah! now! this is where I get a bit animated. Did the players know what was going on with the EBT’s and the fraud or were they not a party to the scam? Thats a question I would like investigated! They all have accountants (the more intelligent ones) so this question i hope is one that will appear in the next few weeks I hope. Someone needs to ask it!
HH
List of Huns (maximum 2 per decade) who I’m delighted for right now:
50’s
Cox
Shearer
60’s
Johnston
Stein
70’s
McDonald
Forsyth
80’s
Souness
Roberts
90’s
Ferguson (I)
Judas
00’s
Novo
Fernando (can you hear the drums)
10’s
Lafferty
McCulloch
Great wee game, should’ve allowed more per decade…
Tully
Sir Reo Stakis well known past hotelier,bar owner ,casino owner ( real ones!) property developer and genuine multi millionaire ..had a saying he stuck to
“always buy your neighbour”
I wonder if any of our genuine board member billionaires just might be tempted?
Bourne
He was instructed that the camera was in fact at the back of the stand.
He was showing off his best side…
Patrick.
Try this for the Mc Bride on Sky thingy
maisey dribble 19.46
Ernie Lynch @21.35 on 15/2/12,
As I’m not privy to Salmond’s inner thoughts – I thought I’d made that clear – I don’t know: neither do you. I suspect, tho’, that he wouldn’t – he’d merely bluster on about it as he’s doing within the UK.
The property that is ..nothing more !!!!
Ernie,
If you think it was my plan or proposal, or that I didn’t make the same observations as you, then you are, perhaps, actually illiterate.
As to the fiscal’s, there’s not one coherent explanation of there position. However, it has been repeated that Rangers can turnover around £50m and their current running cost is less than this. We’ll see what the debt is, and where it all falls soon enough, and you are quite right agree with my own observation that this will no doubt prove that their position is untenable, regardless of the tax bill. I feel like I’ve written that sentence, or something very similar, already tonight.
CQN, home of intelligent debate. Everything is relative though, eh Ernie.
Whelan, Giles, Dunphy seem to be in agreement on RTE that Wenger has lost the dressing room and on a shoofly peg
Nakagod, Thank you.
Interesting article on We Know SFA entitled “Does Scottish Football Need Rangers?”
http://footballsfootball.com/WeknowSFA/scottish-football-rangers/
Lubo.
TheCelticOne, cheers.
Sandman, 20:13, well said.
ernie lynch, yes, strange. HMRC will have an opportunity to go to the court and challenge any outcome they don’t like. For now, they will have to be patient.
Gerry, I cannot see HMRC agreeing to a CVA or Rangers finding cash to pay their bills. Predict the L word.
Lennybhoy, I assume the administrator has put a deal to HMRC. If the deal is accepted, they emerge from administration and are not liquidated. The administrator is trying to sell this deal to HMRC and all creditors.
Why would he sound anything but perky about the prospects?
Doesn’t mean it’s going to happen.
Nakagod, yes.
up_over_goal, the relevant SPL rule does not refer to administration or liquidation. The ruling would require a team to be elected into the league, not reacting to either insolvency event. There are provisions for administration but this is a wholly different matter.
Rubicon, yes, strange indeed. We’ll need to be patient with this one, I think.
ToneLoc, blog crashed earlier, not aware of a crash then.
It is 5:30 here in a wet but warm Barbados evening with limited access, so not quite up to speed with all the shenangins back at home.
What is clear though is that the practical ramifications of Rangers entering their death throes have still to be realized and there is a bit of make it up as you go along to it all.
This is unacceptable as anyone with eyes to see could have worked out the scenarios. The apparent lack of of contingency planning is appalling but hey that is Scottish Fitbaw, all eyes on the ball and nobody watching the guy running into space.
But whatever – have no doubt that the universe is unfolding as it should. Daft ideas are being exposed as such as reality bites. It always will.
starry plough
cheers for pointing out sandman’s post, tis a belter!
HH
Mort,
I dont see how declaring makes it any less a liability, if I remember rightly there was a wee tax bill not declared for some years :o)
Can anyone repost James Forrest’s post on Breaking bad please —- from last night I think.
Thanks
Brogan
Given the fiscal cheating over the last few decades, combined with all the other institutional advantages provided by their friends at the SFA, it is a surprise that any other club has won anything.
Credit to those who did, against the odds.
On a different point, if, as suggested, side letters were provided around EBTs, all parties were engaged in a deliberate, systemic and sustained conspiracy to defraud.
Side letters do not protect you from criminal charges or else every murderer would get off with a letter from their mammy.