The very last thing anyone connected with Rangers wanted to read this morning is that Andrew Ellis, Craig Whyte’s former associate, is suing the Rangers owner for 24.9% of the club’s shares. This puts a further legal impediment in the way of any potential transfer of shares or stadium assets from Whyte to a new party. It remains to be seen if Ellis is in a position to legally enforce his claim however the veracity of his claim may be moot.
Prospective Rangers buyers do not have time to spend in court hearings and appeals before the start of the new season. If a phoenix (or even a CVA) is to be put in place it is likely that those with a claim, any claim, will need to be satisfied.
This development comes a week after Whyte transferred the security over Ibrox he holds through Rangers FC Group Ltd to Liberty Corporate Ltd.
Legal issues over ownership of shares and assets aside, Rangers’ administrators still have to deal with creditors, in particular, HMRC, who will soon learn if their tax demand against the club has been upheld by the First Tier Tribunal, and Ticketus. Duff and Phelps were denied the right to set aside the deal which Ticketus struck with Rangers to buy thousands of seasons tickets, leaving a path open for Ticketus to present a legal challenge to any deal which does not recognise their interests.
Chances of an early exit from administration appear to be diminishing by the day. Motherwell were in administration for four days short of two years between April 2002 and April 2004. If Rangers are not out of administration on the morning the new season kicks off they would start on minus 10 points.
1,263 Comments- Pages:
- «
- 1
- ...
- 27
- 28
- 29
- 30
- 31
- 32
- 33
- 34
- »
weeMinger – is Tommo referring to a licence to play in Scotland? We know they can’t get into Europe.
weeminger
LOL
I thought UEFA had already stated that Rangers will not get a UEFA license
HAil Hail
Lads is this a wind up, how can they get a licence if they haven’t audited accounts or they haven’t met the deadline ?
http://www.cbsnews.com/8301-202_162-57411969/ukraine-blocks-film-on-soccer-match-with-nazis/
Possibly required Mr Collum’s services ?
HH
@TheThunderZine: @stewartregan was Charlie Richmond ostracised for his views on Dougie Dougie gate? http://t.co/c2oZg3l4 Seems a lot of back-covering at SFA
“I’ve said I won’t stand in the way of a takeover and that remains my position,” Whyte told BBC Scotland.
“I am assuming that a preferred bidder can be announced subject to a deal being done with me.”
CRAIGWHYTECSC
Thank the lord i do not pay attention to the other lot it would drive me insane!
row z \o/ (O) whatever part of my club is dependent on rangers I am willing to lose! on 11 April, 2012 at 10:16 said:
greenjedi ernie lynch
epl refs do not declare an interest. they identify teams they prefer not to ref. can you imagine such declarations here? dallas collum mccurry?
all returns zero by any chance?
Taking Gollum and given everything that he is. Just why, does he do it ?
Must be self promotion and the structure of the refereeing organisation he works in. He does it for self and advancement.
Even if the SFA did the unthinkable and put rangers forward, UEFA can still decline the application.
SFA would then probably face some repercussions for putting them forward in the first place.
Is Kenny losing the plot? Integrity.and the Suarez debacle????
Dalglish added: “I know where we are coming from. I know we have integrity, I know we have integrity in bucketloads, but I can’t speak for other people and whether they have integrity.
“What we have to do now, is ensure this football club maintains its integrity, that the players keep their integrity, and hope that people elsewhere have some integrity too.
“They [referees] have to look at themselves and ensure they are seen to have integrity.”
MWD – I’m reluctant to give an opinion on the sausage debate lest I’m attacked by The Exiled Tim for fawning & cooing over square slice.
none of this addresses the real gorilla in an elephant suit in the room question.
is black pudding a sin ?
I often fawn over a square steak slice…mmmm
Chorizo grand ole team to play for
The time limits for sending out the proposals and holding the initial creditors’ meeting can be extended, either by creditors’ consent, that is the consent of all of the secured creditors and a majority of those unsecured creditors that vote, or by the court. When any time limits are extended, either by creditors’ consent or by the court, the administrator must notify everyone affected of both the extension and of the relevant revised dates. A copy of the relevant notice is also sent to the registrar of companies for placing on the company’s public file.
What’s the wurst thing about the ole sausage debate?
Dontbrattbakkinanger
Db you’re relishing this.
I used to think that a nice slice of square on a roll was the dogs but I have recently changed my mind and now have to say that the best thing to have on a roll is a nice soft fried egg with some crispy bacon, washed down with a nice strong cup of tea, Hmmmmm!
Vaultbhoy
It might be worthwhile noting that the ole himalayan petting zoo was recently offered a well undernourished Gorilla, which had been ignored to the point of invisibility. The initial e-mail was sent from The Daily Record…
U
Saint Stivs on 11 April, 2012 at 10:31 said:
Depends what you do with it…;);););););)
DBBIA
you goetta do better than that or you´ll end up being deviled on here
Hail Hail
ernie lynch
And you would equate that with the situation in the SPL?
In terms of favouring one side then yes
I lived down south for 10 years. It is common knowledge that Man Utd get treated differently than other sides. Much the same as when you go down to England and complain of bias in Rangers favour up here, they always ask “What’s that based on?”
But we know the truth
Norn Iron are now ranked below Antigua and Barbada, Vietnam and Oman in the FIFA rankings. What a laff(erty).
Really at the end of the day any sausage debate it just a load of mince!
johann murdoch
johann, you’ll take a grilling for that comment.
Uly
I noticed Richard Wilson talking about the 800lb gorrilla on sxportsound
will we be seeing RSPCA headlines soon !!
Hail Hail
Ten Men Won The League on 11 April, 2012 at 10:39 said:
So there’s bias in favour of one team, Man Utd?
How long has that been going on and what’s the reason for it?
Compare and contrast that with the situation in Scotland.
Ten Men Won The League on 11 April, 2012 at 10:39 said:
ernie lynch
The more skilful and quicker players a team has spending a third of the possession in the opposition last third equals more penalties.
Especially in front of 70,000 home fans.
Sixteen roads to Golgotha
Tony Stokes was indeed in Belfast after the title win and was at the Wofletones gig that evening:) Got a special mention I believe!
HH
Regarding sausage debate:
Is Klye Laffarty the missing link?
How do you make a sausage roll, push it.
This is a brilliant listen –
http://www.spreaker.com/page#!/show/hail_hail_media
Paradise Report – Party in Kilmarnock.
60 minutes of the best of Rugby park, from the Lost Bhoys I think.
Congratulations to Ross County
By: Newsroom Staff on 11 Apr, 2012 09:09
CELTIC Football Club would like to congratulate Ross County on their promotion to the Clydesdale Bank Scottish Premier League. The Highland club were confirmed as First Division champions on Wednesday night after nearest challengers, Dundee, failed to win their match against Queen of the South.
It means that Ross County will compete in the Scottish Premier League next season, for the first time in the club´s history.
Celtic Chief Executive Peter Lawwell said: “On behalf of everyone at Celtic, I´d like to congratulate Ross County on their magnificent achievement in winning the First Division title, and I´m sure they will be a worthy addition to the SPL.
“Ross County are an excellent, well-run club, both on and off the park, and the welcome we received when we played up in Dingwall earlier this season in the Scottish Communities League Cup was first-class.
“Their success this season is thoroughly deserved and we look forward to competing with them in the SPL next season.”
Whoever said sausages were bollox wasn’t far wrong.
I see Craig whyte is getting closer and closer to pay day
Of course he won’t stand in the way , he wants a return on his one pound, how much he will get for his legal con is anybody’s guess
Wish it was me:)) he is the only bright man in a bag full of idiots
He knew what he was doing all along lol
Pps. All this square slice talk
Not fair on someone so far away from his Glasgow butcher
ST
ernie lynch
I’m not for one minute saying both situations are the same. They are clearly not. But my initial point was based on the competency of EPL referees. Just because it’s the ‘EPL’ doesn’t mean they are automatically good at their job
Loving those comments from Celtic on Ross County.
Only question is, which team will they replace? Hmmmmmmmm.
Well said PL