Gang of 10 Arab Spring rebuked by Duff & Phelps

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Comments from Duff and Phelps yesterday that they were not in favour of changing the SPL voting system were intriguing.  Kilmarnock chairman, Michael Johnston, was pretty blatant about his agenda when speaking to the BBC on Saturday, suggesting the actions of the Gang of 10 was a “pro-democracy movement” similar to the Arab Spring, saying:

“It might make it easier for the [Rangers] administrators to get whatever they are going to try to achieve whether it is a CVA or new company to be informed and re-joining the SPL and SFA.

“The support of the 10 clubs might be needed at some point.”

Too right the support of the other 10 clubs might be needed at some point if a new company is to join (not re-join, for goodness sake!) the SPL and SFA.

Back in October last year we predicted Rangers would be liquidated, a Newco would be formed and would be voted straight into the SPL, with only Celtic arguing the need to maintain sporting integrity.  Everything we have heard since has reinforced this view.

The debate among the Gang of 10 has matured so far they see no issue in openly offering to support a Newco’s entry into the league in return for money (which we predicted earlier this month), mostly generated from Celtic fans, as it happens.

We await Johnston responding by sticking to his high-minded principles and telling any Newco they will not enjoy Kilmarnock’s support.

Duff and Phelps still have an enormous amount to achieve before they will even be in a position to apply for entry to the SPL on behalf of a Newco but if they do, they will surely offer the Gang of 10 a take-it-or-leave-it proposition. The Gang of 10 will take it. This debate is not about democracy, it’s about directors at clubs like Kilmarnock, who I believe now have debts of over £10m, finding a way to deal with their years of unchecked overspend.

The debate around St Mirren director, Ken McGeoch, would surely outrage sensibilities in any country in the world so I’m pleased his fellow directors have called for his resignation.  In November last year McGeoch invited Rangers company secretary Gary Withey to a meeting at the St Mirren boardroom where he revealed player contract details.

St Mirren are up for sale and could be purchased for what previously amounted loose change at Ibrox; McGeoch met Withey to discuss him purchasing the club from his fellow directors and shareholders.

For a Rangers director, influence like that should be impossible to acquire.

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1,001 Comments

  1. Margaret McGill on

    Just read Paul67’s main article.

     

    Away Boycott anyone?

     

    Still Laughin’ (Trademark Kojo)

  2. What is the Stars on

    Canamalar 23.55

     

     

    Well said

     

     

    And thanks to you for bringing it to our attention.

     

    Until today I never heard about thiscase,I have spent the day reading as much as I can about it.I am with Ernie on this,I think these people (those behind the campaign ) are nuts.The poor girl herself ,well god love her with “friends” like those

  3. Apparently Stuart McCall is playing in the “Legned’s” match the night before his team play Mother…..erm, Rangers. How cosy.

     

     

    Talk about unprofessionalism; fully expect an 8-0 victory or such like for rangers on saturday

  4. and so to bed.

     

     

    ————————–

     

     

    anybody know what a tipee is ?

     

     

    Moonbeams WD. Kano 1000 \o/ Supporting Neil Lennon 100%. Eating Jelly & Ice Cream. Awe Naw… on 28 March, 2012 at 23:05 said:

     

     

    Day 2 Fort William to Crianlarich 51 miles. (Could hire tipees to kip in overnight – between Tyndrum and Crianlarich)

     

    ——————————–

     

     

    ;-)

  5. hamiltontim on 28 March, 2012 at 23:14 said:

     

    like the West Highland Way last summer but it doesn’t look like it’s going to get off the ground.

     

     

    —————–

     

     

    surely the west highland way is all off the ground ?

     

     

    just saying like.

     

     

    ;-)

  6. Tipee is a hut you can hire, not sure if it’s heated, but it will be reasonably insulated. Site facilities like toilets etc.

     

     

    Haven’t stayed there, but read about them.

  7. Rascar Capac on 29 March, 2012 at 00:35 said:

     

     

    dont bite, i was waiting on MWD catching the line.

     

     

    surely its a Tipi anyways.

  8. Saint Stivs

     

     

    Ah can’t talk about Rangers, Tax, Masons, Handshakes, Bigotry, or Pasties.

     

     

    Seems that I’m not really a proper CQNer!

     

     

    Now wee wilderness huts…

     

     

    Just burstin to talk about them!

  9. What is the Stars on 29 March, 2012 at 00:22 said:

     

     

    I met and talked with some of the Hollie Greig campaigners outside the High Court during the Tommy Sheridan trial,they didn’t seem “nuts” to me,in fact most of them were more rational than the wazzocks that you stand behind in the average supermarket queue.

  10. Nout wrong wae the Lidl in Hamilton!!

     

     

    Now Carluke Aldi, that’s a whole different bag of spanners :-)))

  11. zimmerman

     

     

    You obviously didnae go to St Aidan’s with spelling like that :-))

  12. Neil canamalar Lennon hunskelper extrordinaire on

    zimmerman,

     

    and when they merge it will be called Laldi

  13. A merger would result in you being able to phone for herbs….

     

     

    DIAL (for) DILL

  14. Neil canamalar Lennon hunskelper extrordinaire on

    We’re giving it laldi when the rangers die :o)

     

     

    TET could be gein it laldi about their wine list :o)

  15. RalphWaldoEllison-is Neil Lennon Season 2011-12 on

    hamiltontim and zimmerman

     

     

    CQN’s answer to Hinge & Brackett.

     

     

    Good stuff ghuys,

     

     

    I will dial for dill and then give it laldi.

     

     

    HH

  16. Wee bit about Charlie Tully on the Guardian knowledge page, including an interesting wee exchange with Alf Ramsay I’ve never heard before: KNOWLEDGE ARCHIVE

     

    “Has any player ever scored more than once directly from a corner and, if so, who is the most prolific goalscorer from corners ever?” wondered Jimmy Thomson back in 2007.

     

    Several players can claim to have scored more than once from a corner, Jimmy, but few can have been as cheeky, or, prolific, as Northern Ireland, Belfast Celtic and Glasgow Celtic legend Charlie Tully. It is reckoned he scored 11 in all but, according to Aidan McLaughlin, two in particular stand out. “Against Falkirk in a cup match in 1953 he scored direct from a corner but the referee ordered a re-take … from which Charlie promptly repeated the trick,” writes Aidan. “At Windsor Park a year earlier he scored from a corner again, this time in a 2-2 draw with England. However, he is more remembered for his pre-match chat with his marker Alf Ramsey that day:

     

    “CT: ‘What’s it like to be an automatic selection for your country, Mr Ramsey?’

     

    AR: ‘It’s an absolute privilege, Mr Tully.’

     

    CT: ‘Good, because you won’t be one after today …'”

  17. Sixteen roads to Golgotha on

    BarryBhoy on 29 March, 2012 at 02:39 said:

     

     

    Best post of the day,in my opinion.

     

     

    Lenny – I know that you read these pages chacho – Is there any chance that you could arrange to bring the trophy over to West Belfast,please?

     

     

    Open-top,and hopfully with the cup as well?

     

     

    It would mean so much – and the place would come to a standstill.

     

     

    All it would take is a couple of hours,maybe five at the most.Alll along the Falls Road.

     

     

    The land of Charles Patrick Tully.

  18. “This is a debt of honour to a club of honour”

     

     

    were do you even begin to try and reason this rangers trust statement about

     

    paying dunfermline 22 grand that their club owes them and then go on to say

     

    we wont be paying dundee utd, does this mean dundee utd are not a club of

     

    honour?that is some insult, mr thompson i think you know what way you have to vote when the time comes.

  19. .

     

     

    Courtesy The Scotsman..

     

     

    Rangers crisis: No response from Craig Whyte on SFA hearing invite

     

    Published: 29 March 2012

     

     

     

     

    By STEPHEN HALLIDAY

     

    CRAIG Whyte has failed to respond to an SFA invitation to attend today’s Judicial Panel hearing at Hampden which will see Rangers and their discredited owner face a total of nine disciplinary charges.

     

     

     

    The SFA’s Compliance Officer, Vincent Lunny, issued notices of complaint against both Rangers and Whyte two weeks ago over a wide range of alleged rule breaches relating to the controversial venture capitalist’s takeover of the Ibrox club last May and its subsequent slide into administration.

     

     

    Rangers have indicated they will be represented at today’s principal hearing by administrators Duff & Phelps and their lawyers. But the SFA have had no response from Whyte, who has been conspicuous only by his absence from Glasgow since taking Rangers into administration on 14 February. Whyte is entitled to make a written submission to the hearing and be represented by a third party.

     

     

    There are two individual charges against Whyte. He is accused of breaching SFA rules 66, on bringing the game into disrepute, and 71, which demands club officials act in the best interests of football at all times and not in any manner which is improper. If Whyte is found guilty, he could face a maximum fine of £50,000 on both counts.

     

     

    Five of the seven charges against Rangers as a club date from the period from 6 May last year, when Whyte completed his takeover from Sir David Murray, to 6 March this year when Lord William Nimmo Smith concluded his independent inquiry into Whyte’s stewardship at Ibrox. It found that Whyte was not a “fit and proper person” to hold a position within football.

     

     

    Rangers are alleged to have breached SFA rules 1(b) and 2 covering a club’s obligation to comply with the SFA’s Articles of Association, which include the listing of directors on their Official Return. Whyte was named as chairman and a director ofRangers, despite having been disqualified as a company director for seven years by the UK Insolvency Service in 2000. Rangers have already been fined £50,000 by the PLUS Stock Exchange, and had trading in their shares suspended, for failing to declare Whyte’s disqualification.

     

     

    They are also accused of breaching SFA rule 14(g), which allows for suspension or termination of SFA membership if a club suffers an insolvency event. In addition, Rangers must also answer charges of breaching the previously mentioned SFA rules 66 and 71, separately from Whyte.

     

     

    There are a wide range of possible punishments for the first five charges against Rangers, from fines of £500 to £100,000 and suspension or termination of their SFA membership.

     

     

    The two other charges facing Rangers, which were issued separately by the Compliance Officer, relate to their William Hill Scottish Cup fifth round tie against Dundee United at Ibrox on 5 February.

     

     

    Rangers face action for failing to pay either Dundee United or the SFA their share of the revenue from the tie. Under Scottish Cup rules, Dundee United should have received their slice of admission money, believed to be around £100,000, on the day of the tie. The SFA should have received a five per cent levy on gate money within three days of the game.

     

     

    Sanctions open to the independent three-man Judicial Panel include a fine of the prize money Rangers would have received for reaching the fifth round or even being banned from next season’s Scottish Cup.

     

     

    Co-administrator Paul Clark is expected to head the Rangers delegation at today’s 10am hearing. Clark has already claimed there are “mitigating factors” for the charges levelled against Rangers and stated his intention to “demonstrate the distinction between the club and the actions of any individuals”.

     

     

    Summa

  20. Setanta up to their old tricks….

     

    Live SPL games in Oz this week….Well v effins on Saturday, St Johnstone v Hibs on Sunday!

     

    Can somebody somewhere at Celtic get Celtic TV on Foxtel?

     

    PLEASE!!!!

     

    Ma blood pressure rocketing skyward….and I pay these prats a fee every month!

     

    No more.

  21. BarryBhoy on 29 March, 2012 at 02:39 said:

     

    Nice story re Charlie and Alf.

     

    Anyone care to hazard a guess on Rangers’ punishment for withholding Dundee United’s share of the cup tie gate money?

     

    My tuppence worth:

     

    They’ll get 10 days to resolve the United payment.

     

    And foregiven the SFA portion.

     

    After all it’s two pockets of the same trousers.

     

    ‘GG