Charles Green, like Whyte and Duff & Phelps before him, is asking for admittance to the SPL on the basis that Rangers FC is a distinct entity from its legal identity. While this theory has been strongly advocated by SPL chief executive, Neil Doncaster, by necessity, if you claim the football benefits of being ‘Rangers’, specifically player registrations, you also inherit Rangers penalties.
Although Rangers clearly won their challenge to Lord Carloway’s 12-month ban on player registration at the Court of Session last month when Lord Glennie referred the matter back to the SFA Appellate Panel, as the full ramification of the decision became clear to Green, who then had an irrevocable contract to buy Rangers or its assets, he floated the idea that he might appeal.
The SFA, correctly, decided not to instruct the Appellate Panel until the 21 day period when an appeal can be raised, which elapses today, has passed, just in case Green tells Lord Glennie he’s got it all wrong.
All this has been terribly confusing, not to mention expensive, for Scottish football, but with yesterday’s news that Rangers have a prima facie case to answer for subverting Scottish football for over a decade, the obstacles before Green are clearly insurmountable. There is reason to believe we can quickly reach some clarity.
The SFA must, without delay, convene the Appellate Panel to consider Lord Glennie’s instructions and apply an appropriate penalty on the various legal and ethereal bodies which claim to be ‘Rangers’. If the Appellate Panel suspend or expel what is left of the football club from the SFA, as must surely be expected, all questions about fan pressure, morals and votes become moot.
In this case, history will record the folly of Green’s appeal to civil law as the act which finally killed off any chance of ‘Rangers’ surviving, conveniently letting the SPL off the hook, while Green would be obliged to dispose of the stadium for a modest return to those capable of forming a genuinely new football club at some point in the future.
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Just got my daughter the new black top. I love it and think it’s a cracker.
Quick question regarding it.
The green/white/orange bands on the end of the sleeve are on the inside.
Is this correct or have I bought a dud?
She has now turned the ends of the sleeves up to show the bands.
Is it possible this was the intention?
SPF
I hear the comedy channel Dave is changin its name to “down govan way” HH
Alex Thomson’s email reply (allegedly) to a stupid angry hun:
Quote:
don’t blame ‘the club’ I blame individuals: Murray, Whyte, Greig, Smith, McClelland, Campbell etc. If you really read my blogs you’d know. I name names.
I’m working extremely hard on an exclusive tv interview with CW which he’s promised me. Fingers crossed for next week.
The former RFC have by far the biggest EBT problem via BTC and SPL probe – they’re the story, pure and simple.
I work on former RFC part time. It matters because your old club was a revolting example of a complete lack of governance and probity in big sport and popular culture – just like RBS was to big banking.
These things matter as they go to the heart of what kind of country we want to live in.
Your old club was quite simply so utterly bent and corrupt it imploded. If you seek to point the finger elsewhere you need a psychiatrist not a season ticket
Best – Alex
ALEX THOMSON
PRESENTER/ CHIEF CORRESPONDENT,CHANNEL 4 NEWS
just lifted this of kds.
spf
aye you have to fold it back – bear in mind that’s illegal in Scotland !!
Or a season ticket to see a psychiatrist.
I don’t think they take humiliation very well.
Delivering the mail could get dangerous again.
Paul 67.
Please ignore these questions if they have already been answered –
1)Have Rangers been officially liquidated? If not why not?
2) Why can’t S.F.A. or S.P.L.not punish ‘Rangers before 4th July?
This one is for The Late Mr Smith … as well as veterans of Nightmoves and the Sub Club…
http://www.youtube.com/watch?v=4AD-8-IYY_8
alex thomson is fast becoming my fav ever journalist :)
Only on page 6, trying to catch up, but it looks like the nuclear warhead is being primed.
Wasn’t there another Walter, somewhere in history, who eventually fell foul of a Queen Elisabeth?
The name Rally (sp) seems to come to mind.
“Anyone who goes to see a psychiatrist needs his head examined”
Sam Goldwyn
Gone yersel Alex ,do you think Alex had realised what we have had to put up with for years .
Looks like Mayan FCs world may just end altogether in 2112
Hail hail
Steinreignedsupreme on 19 June, 2012 at 15:47 said:
Gordon_J backing Neil Lennon on 19 June, 2012 at 15:44:
“Can anyone explain why Duff and Phelps are still running things rather than BDO? Why the delay in moving from administration to liquidation?”
I think it takes 28 days to complete the liquidation process
****
I suspect that it is HMRC keeping their side of the bargain.
They are not interested in obstructing the “club”, only in chasing the miscreants; therefore they will keep the path clear for the switchover.
Just my thoughts, no back-up proof.
Celtic Supporters Association calls Emergency Meeting to vote on Selective Boycott.
The Executive Committee of the Celtic Supporters Association met last night to discuss the possibility of a Newco Club being admitted directly into the SPL for the coming season 2012/13.
It was decided unanimously to call an Emergency Delegates Meeting of our branches this coming Sunday June 24th at 1pm in our London Road Social Club.
The EC will be putting forward a motion that states “The Celtic Supporters Association will call on all its members to take part in a selective boycott of any club which votes for a Newco to be admitted directly into the SPL for the coming season 2012/13”.
This has been a very emotive issue for all football supporters in Scotland, we have to decide whether sporting integrity should take precedence over commercial interest, and in the opinion of those supporters canvassed by us up until now that is the case.
We understand the need for chairmen of clubs to balance their books to the best of their ability, but that must be done by operating in an honest and fair market, one or more club’s can’t be allowed to operate with an unfair advantage.
We are calling on all Chairmen and CEO’s in the SPL to vote for honesty and integrity, a clear and appropriate punishment must be imposed on any club who fail to operate in that manner, irrespective of which particular club that happens to be.
The Celtic Supporters contribute a considerable percentage of the finances generated within Scottish Football; we will not continue to support clubs who put their own interests before the basic principles of sporting integrity.
Last edited by Joe O’Rourke; Today at 01:40 PM.
My work has blocked the site.
But at bottom of page under Scotland all I can see is “Smith Group drop bid for dead club”*
*I refuse to use their old name.
TBH I dont need to read it but would have provided a larger smile while I wind down the working day.
Woozy from FollowFollow is at once an optimist, confused, a realist, desperate, and a prophet… :
woozy woozy is offline
http://www.erskine.org.uk/fundraising/
Join Date: 28-07-2006
Location: Glasgow
Posts: 1,073
Default Re: Walter Smith consortium withdrawing bid
Quote:
Originally Posted by Jaws2 View Post
It was Rangers FC then. It’s Rangers FC now.
It will always be Rangers FC. Even if it’s just a bunch of us sitting in a park. This club does not die.
John Hartson does health education
Shieldmuir Celtic
1) The phrase is “dissolved” and the process is liquidation of “winding up”. Paperwork/formalities have to be completed by the administrators to complete the arrangements for a Creditors Voluntary Liquidation, at which point BDO will run the liquidation, which will take many months while they investigate the corporate failure and distribute whatever assets are left. When this is over (~12 months?), Rangers will be dissolved.
2) Lack of time to complete investigation, lack of information which they would hope would have been provided by the FTT and lack of clarity over Rangers’ legal status will be cited as the reasons for the delays.
And macdonsj is a believer in the woozy power of precognition…
macdonsj macdonsj is offline
Five Star Poster
Join Date: 29-07-2006
Posts: 9,095
Default Re: Walter Smith consortium withdrawing bid
Quote:
Originally Posted by woozy View Post
“It will always be Rangers FC. Even if it’s just a bunch of us sitting in a park. This club does not die.”
Looking increasingly likely
If sevco can’t register a name. How can they apply to join a league?
DEADCLUB Harm ony
from DEADCLUB media
“Now I hear FF are asking Ally AND the players to walk away FFS”
Steinreignedsupreme on 19 June, 2012 at 17:10 said:
Monaghan1900 on 19 June, 2012 at 16:27:
The VB are always good value.
Unintentionally hilarious at all times – that is an art if truth be told…
————————-
Their decrees are priceless.
http://www.bbc.co.uk/sport/0/football/18509619
Brogue News : Umbro unveil exciting new footwear concept.
Uncool sportswear manufacturer Umbro today announced the launch of what the company claims is a revolutionary footwear concept. The new shoe called the ‘Sprinting Brogue’.
‘This shoe combines the timeless dignity of the classic Brogue with the cutting edge technology used in today’s modern sportswear’ a spokesman said today.
Umbro say they are responding to demand for a more athletic version of the brogue due to consumer demand.
‘Our customers are telling us that just looking like an erse is not enough, they need a shoe that can make them look like an erse while travelling at moderate to high speed’, the spokesman continued, ‘This brogue will excel whether the wearer wishes to walk, walk away, walk around and around, walk somewhere then walk away very quickly or sprint like the wind in the opposite direction from the police or tax authorities.’
‘You can have any colour as long as it’s brown!’ joked the spokesman adding that Racing Slacks and a aerodynamic GetMeToTheBloodyAirportNow Blazer were planned for the future.
Sir Paul
Ah hiv jist thought o’…
The Sixty Four Million Dollah Question..
If.. as they say..The HMRC..that is…
That…
The BDO. hiv bin Bin Appointed by them..at Great Expense.. well.. Ah wid Imagine…as Liquidators..
In Order …tae Liquidate ..well.. Something..Ah wid WRONGLY,as it turns oot… suppose.
Because..
it wid appear…according, tae the very woids of HMRC oan this Very Subject, themselves… that..
In This Case..
The Liquidators Joab.. is… Mainly.. tae Go Deep, Deeper and Deepest intae The “Who Hit John”.. part of the F.G.A.’s Taxing , Tax Debt… in ither woids…
Tae Root Oot and Unmask..and Set up Fur Punishment..
The F.G.A. Tax Evaders.. in PERSON…
and NO…. TAE LIQUIDATE..well.. ANYTHING!!
Then Whit is the Joab… that the HMRC dae?
Are the BDO ,no … IN ACTUAL FACT..
Daeing The HMRC’s Day Joab, fur them???
Are they even… Needed? That’s the HMRC.. Ah am Talkin’ Aboot!
Ah am beginning tae hiv Ma Doots!
fur.. diz that Mean..if
YOU ,personally.. ran up a Tax Debt tae HMRC..in your ain Wee Business..
Then the HMRC.. wid ..
Set a Covey o’ Liquidators, Loose, on YOU…tae??
Ah repeat…
Why diz the U.K. hiv an HMRC.. anyway??
…seems tae me
that they are a SUPERFLUITY..(Great Woid? Right?)
and.. Furthermore..
Why are the Liquidators..called.. well.. LIQUIDATORS?
Fur.. If They canny Liquidate the Assets of the F.G.A. because.. according, tae whit we are told..
AWE THE ASSETS of the F.G.A. are Owned …by Green..
whic he bought them fur … a Lick and a Promise.. as he BORROWED the Money, oan the Fly…
tae Dae so!!
Something, is no right ,there…
Doncha Think?
Kojo
Still, Laughin’… Of Course!
I reckon Chico Green has a cunning plan to change their official name to “Club 12 “- two problems sorted.
thinkingoutoftheboxCSC
danso_1888 on, 17:10
I think that’s an Alex Thomson compilation. More to come I’m sure
New name needed?
Club Foot, Ball Club
;o)
Ex-Rangers director Dave King has claimed the newco club would not be able to generate a profit.
The South Africa-based businessman held talks with Charles Green, chief executive of the new Ibrox club on Tuesday.
He claimed to have received assurances that the last owner of Rangers FC plc, Craig Whyte, was not involved in the Sevco consortium that bought over the club’s assets.
Mr Green’s group paid £5.5m last week to cover administrators Duff and Phelps’ £3m fees, as well as an estimated £1m to cover the liquidation of the company incorporated in 1899 by neutral insolvency firm BDO, a process that will begin in several weeks’ time.
Mr King, who is subject to a restraint order preventing him from dealing with realisable property because of a multi million tax case against him, said Mr Green’s “for profit” model of running Rangers will prevent them from competing at the top level.
He told STV News Mr Green had also given him “absolute, categorical insurances” that Mr Whyte is not involved in the newco.
Mr King added: “I think [Charles Green] is going to try to run the club to make a profit. I don’t believe that’s possible. I believe for Rangers to be the Rangers that we all want them to be, it requires investors who are willing to subsidise losses for a number of years. I don’t believe you can do that on a commercial basis.”
Regarding the failure of the consortium led by former Rangers manager Walter Smith to take over the club, Mr King said he was “not surprised” the £6m offer had been rejected.
Challenge
He said he thinks running Rangers will be “immensely challenging” for the Sevco group, while he also stated that he did not know where the money would come from to keep the newco club afloat.
Mr King admitted that Sevco was now the “only game in town” for Rangers, while he also said he felt the new club would need around £30m of investment to cope with the next three years of “wilderness” because of the ban on European football for that period that the club received for carrying out a newco switch to shrug off its huge debts.
After meeting Mr Green at Ibrox on Tuesday, the chief executive of Johannesburg investment firm Micromega Holdings said he felt the newco regime would have to “aggressively cut costs” to make a profit. He also stated that he did not feel it would be “in anyway possible” for a strong Rangers to emerge from a business model dependant on making profit.
Mr King previously claimed he invested £20m in the club in 2000 when Sir David Murray was in charge. He then stated he was planning to sue the former owner for the cash because of Sir David’s financial mismanagement of the Glasgow club, including the use of offshore tax avoiding employee benefit trusts (EBTs) to pay the wages of players and some directors.
Sir David claimed he would vigorously contest that action if it arose, while Mr King was unsuccessful in registering as a creditor of Rangers FC in a company voluntary arrangement (CVA). He had lodged a claim for £20m and stated that he would put any money he retrieved back into the club.
He also accused Sevco chief executive Mr Green of using season ticket sales to fund his takeover, similar to Craig Whyte, who bought Sir Davids 85% stake in Rangers for £1 last May and used a £25.3m deal with London firm Ticketus to wipe out the club’s £18m debt to Lloyds Banking Group.
Mr King is currently being pursued by the South African Revenue Service (Sars) for 2.7bn rand (around £227m) dating back to 1991.
Govan Rangers been registered yet?
HH
Nuclear Bovril and a Half Munched Pie on 19 June, 2012 at 17:26 said:
cornetto bits allover keyboard.
that was v v funny.
this new club thats coming along. not being able to use the word Rangers in their title I am going with a bet they will be called
ROYAL GLASGOW.
you heard it here first.
they will continue to praise Lizzy and the crown, and defend their faith.
but not in pounds , shillings and pence, obviously.
Even if it’s a bunch of us sitting in a park, drinking Lanliq after dark.
With possibly a communal drink of peyote tea to bring about a mass hallucination of watching a dead team playing football against… Well who exactly? Third Lanark?
From RM, they are going to turn ugly. Well, uglier.
————-
It will not be long till our hand is forced to defend itself
I won’t elaborate but there is only so much one can take
—————
Stivs
Did you forget INFIRMARYS WORST ENEMY? ;-)
HH
my hand will be forced to defend itself.
what from your other hand ?
hahahhahahahahahhahahahahhaha
FC
Nuclear Bovril and a Half Munched Pie on 19 June, 2012 at 17:26 said:
Brilliant.
that’s their onanistic fetish kicking in again
the things they force their hands to do
deary dear
u