Within a very short period following Rangers ‘success’ at the Court of Session, Fifa issued a statement intimating that while they had not yet heard from the Scottish FA, “in such a case, FIFA will ask the Member Association to take action so that the club withdraws its request from the ordinary courts.”
If Fifa are telling the world this, they have by now told the SFA to take action to ensure Rangers withdraws its ruling from the Court of Session.
SFA chief executive, Stewart Regan, has been satisfied with his hands-off approach with Rangers as this debacle unfolded but such a policy seems to have emboldened the errant club. The matter has now been taken out of the association’s hands, an embarrassment for every office holder at the SFA*. After receiving legal advice yesterday evening, they will tell Rangers to walk away or be suspended from football.
Rangers have yet to accept the dual contract allegation is true and, as a corporate body, continue to refuse to produce or acknowledge evidence. They have not even considered the ramifications of Billy Dodds’ evidence given to the Sunday Herald. They are looking at this situation through a prism of different facts – specifically, Craig Whyte did a disproportionate amount of harm in a short period of time.
The sense of entitlement at that club, combined with a still-evident failure to show contrition for the more serious offences of the last 20 years, while insisting ‘it was all Craig Whyte’ means anything can happen next.
I’ve questioned the wisdom of a few commenters on Celtic Quick News about choosing a path which would lead to the end of our club. There appears to be no one telling the fundamentalists running Rangers that destroying a football club while insisting you are in the right is puerile, self-defeating and what your worst enemies would wish on you.
They might be right (they’re not), but self-righteousness can destroy you.
*except Campbell Ogilvie, of course. Nothing can embarrass President What-school-did-you-go-to.
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In this new nuclear age, with footballing ICBM’s being readied in every art and part of Europe its hard not to think of The hun as a modern day Gavrilo Princip, the man deemed responsible for the shot that started WW1, whatever Scottish football looks like in 2 months time, it is likely to have lost its second biggest member, most if not all of its leadership, possibly be exiled from the world community to prevent the spread of its toxic contagion and like that other gangster Al Capone awaiting the public trials of those found to have caused it all notionally on the basis of alleged tax evasion, we are indeed living through History
“If you look after the sport the money will follow you, if you look after the money you’ll kill the sport.”
very good quote from none other that john mcbeth, maybe some sort of morals
are finally taking hold.
Rocket Man on 30 May, 2012 at 12:16 said:
>>>
Allegedly?
: ))
Nat Fraser convicted for murder a second time
Drs vote for industrial action
Charles Taylor jailed for 50 years
RFC (IA) still in existence
If Green is at the SPL meeting does that mean I can go to the next one and sit in, as I reckon I have put more money into Scottish Football than he has and have a bigger investment with the price of my season ticket than that charlatan.
Kev J
When??
I’m sure you told me that he already had.
Mind you, since you also argue that the Huns own Scotland and will always win, there can be no logical consistency between that argument and expecting one man to make it different.
I’m starting to think ,after having a look at Green and his actions, that even if by some miracle they achieved a CVA, there is no blue sky for them at the end of this. The man makes Whyte (but not Murray) seem a credible businessman.
monteblanco on 30 May, 2012 at 12:05 said:
Its the light that transparency shines on them. Bloody vampires draining the lifeblood from our game.
If you don’t put FACT at the end of the comment, it cannot be verified as true. FACT
hullo cqn
havent posted before.
seen a bunch of people posting worried that the sackville-bagginses will be able to use this drama to write off debt/get into england/plan more walks. i used to worry about this too. then i remembered what happens every time they go anywhere. they stink up the place. billy-bear-meat-sweats. nobody wants that.
interesting wee exercise
Let’s see if we can start a list – serious or humourous- of those who thought they were just too big to fail but did.
I’ll start off with an obvious one , whose failure still resonates in the economy now.
Lehman Brothers
Freddy and Fanny
the long wait is over on 30 May, 2012 at 12:40 said:
Attila?
Woolworths
Still shattered they closed down, loved their pick n mix…
the long wait is over on 30 May, 2012 at 12:40 said:
Dinosaurs.
The Romans
Whathavetheyeverdoneforus?CSC
David Conn of the Guardian taking an interest
hopefully he has a big shovel to dig deeper
Charles Green gets go-ahead to buy Rangers as transfer ban is lifted• Lord Glennie proposes case goes back to SFA appeal tribunal
• SPL transfer embargo stands until CVA is agreed
guardian.co.uk, Tuesday 29 May 2012 17.04 BST
Rangers received the backing of Lord Glennie in their case against the SFA over the imposition of a transfer embargo. Photograph: Andrew Boyers /Action Images
The administrators of Rangers have agreed to sell the stricken club to a newly formed company, Sevco 5088, of which the only director is Charles Green, formerly the chief executive at Sheffield United.
Green, 59, who is understood to have spent several years recently in the far east, has said he is backed by a consortium of investors which includes Jude Allen, described as an Indonesian hotel designer, Mazen Houssami, a lawyer from the Middle East, “offshore trusts” and a Singapore family trust.
The proposal for Sevco’s takeover, detailed by Duff & Phelps, Rangers’ administrators, is that Green’s company will take over the club for £1 plus a loan of £8.3m. That loan will then be repaid, with interest, by Rangers, by 31 December 2020. Duff & Phelps said the £8.3m will give the club’s creditors, who include small businesses, public bodies and the £8,341.60 owed to St Andrew’s First Aid, a better return for their massive combined debts than any other offer the administrators have received.
Duff & Phelps also welcomed a court of session decision that the Scottish Football Association was not entitled to impose a transfer embargo on the club in April. Lord Glennie proposed that the case go back to the SFA appeal tribunal that upheld the initial decision by a judicial panel to impose a 12-month ban on registering players aged 18 and over.
Following a three-hour hearing at the court of session in Edinburgh, the judge accepted the club’s petition for a judicial review as he ruled that the SFA could administer only the specific punishments stated in the rule relating to the disrepute charge.
However, Rangers could face even stronger punishment from any reconvened SFA appeal panel as the only stated punishments above the maximum £100,000 fine already administered are suspension or expulsion from participation in the game, ejection from the Scottish Cup or termination of membership.
The disrepute charge was handed down mainly over the club’s failure to pay more than £13m in taxes last season and the SFA’s legal representative, Aidan O’Neill QC, had said that the punishment had to be “effective, dissuasive and proportionate”.
The extraordinary proposal for Rangers to be bought out via a loan was contained in Duff & Phelps’s proposals for a company voluntary arrangement (CVA), to which a majority of the club’s creditors have been asked to agree. Sevco paid £200,000 to the administrators on 12 May for the exclusive right to do this deal by 30 July.
The CVA proposal is thought unlikely to be approved – Her Majesty’s Revenue and Customs, owed £21m even before the outcome of a pending tax tribunal case, is expected to oppose having again to settle with a football club for a fraction of the tax due. If the CVA does not succeed, Duff & Phelps said, Sevco has contractually agreed to buy Rangers for £5.5m.
Rangers said officially that Green “is leading a consortium of investors from home and abroad”. He has explained his reluctance to name the people backing him by saying: “A lot of these investors are offshore trusts and individuals who didn’t want their name in the press.”
Duff & Phelps has said it has seen bank documents which show that the money is there to support the £8.3m loan or the £5.5m purchase. Green is to be appointed from next Wednesday, 6 June 6, “to assist in the day-to-day management of the business of the company”, which the administrators said would not be at any cost to Rangers.
Green said that he intends to make money personally out of his involvement in Rangers, by settling its current debts with creditors, then getting “finance into the club” and ultimately floating the club on an “appropriate” stock exchange.
“There is a percentage of the newly enlarged company that will come to me once it is done,” he said.
Pan Am
Big Bad George Foreman
as opposed to Grilly Man George Foreman
Lester Piggot
Ken Dod
The British Empire
The Tories.
A son of dan
pedantic of me but…
not sure if they count as they are still online. I would be prepared to allow them on the list if RFC are restricted to an online presence only.
Gracious or whit..?
Goliath!
soreheidcsc
setting free the bears on 30 May, 2012 at 12:38 said:
___________________________
It was yerself that brought this ‘one man’ into the blog today, not me.
Paddy Turner on 30 May, 2012 at 12:21 said:
Paddy, what does PMSL mean?
Giant Haystacks
Ross Harper and Murphy
The Maginot Line
The Great Wall of China
The Soviet Empire
News of the Screws.
Marathon and Spangles
Sir David Murray
ENRON
miki67 on 30 May, 2012 at 12:36 said:
Gotta be careful these days!
My condom!
unwantedbirthcsc
gorbalstam on 30 May, 2012 at 12:19 said:
>>>
Aye…in my heart I kinda know that….but I have (like a lot of us I imagine) memories of having to do battle with them on an almost daily basis whether I liked it or not as I grew up in Glasgow. They’d wait for me and my brother to pass their way….no matter which route we took.
I also saw their o.o. brethern in action not too far removed from Scotland. I was just passing through,but that was sufficient to be witness to their excesses.
I also think if all the awful crimes they’ve committed on young bhoys in Glasgow to which the polis turn a blind eye.
How long,how long,how long. Sometimes they simply make me feel sadness and sorrow.
Pissed MaSell Laffin