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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Yorkston at AC Dunfermline and Johston at Racing Killie, the real big players in European football, somebody should tells these trumpets it’s no a computer gemme..
O G,
cheers mucker,champagne on ice as i await their demise
Timabhoy, 14:07
That’s for another time.
The legals may take a few days. It has to be watertight
Alex Thompson asks the question :
“So are things any better today? Is succulent lamb off the menu – replaced with humble pie?
I leave it to others to judge if that succulent lamb cozy Glasgow football culture has really gone away.”
+++++
Ah don’t think so…
philvisreturns on 28 March, 2012 at 14:01 said:
Touché Mon Sewer…
o.g. rafferty
nudge nudge wink wink
you are the 007 of c.q.n
O.G Rafferty
how long do the legals take ?
This information was first revealed by RTC on Sunday night.
I am presuming that he is not the first to see it but even if he has it sounds more like news management to me rather than a genuine appeal for legal knowledge
Hail Hail
Le Canard Pantalon – C’est vrai. (thumbsup)
The fans of 18 football clubs have called on their sides to stop carrying advertising by payday lender Wonga on their websites, and are encouraging the supporters of more than 60 other clubs to follow suit.
In a letter published in the Guardian, the football fans argue that while payday lenders are not conducting illegal business, “that is only because there are at present few if any laws restricting their activities in UK. Their practices would not be allowed in most other European countries, or in most of the USA.”
The fans, led by Northampton Town supporter Bob Ward and his grandson Dan, ask their clubs to seek sources of advertising revenue other “than earning money from the dubious activities of Wonga.com”, adding: “If they really wish to advertise short-term loans for their fans in these difficult financial times, then perhaps it would be better to give publicity to their local credit unions.”
Wonga is the highest profile of about 200 firms offering short-term, high cost loans which are the subject of an ongoing investigation by the Office of Fair Trading. Payday lenders have attracted criticism from MPs and consumer groups for targeting low-income customers who often end up rolling over their borrowing and accruing huge charges.
The clubs are among more than 80 sides which use a website platform supplied by the Football League through its internet subsidiary Football League Interactive.
Ward, whose aluminium manufacturing company TMCCL sponsors a display board at Northampton’s Sixfields stadium, initially raised the issue of Wonga advertising with his own club. He was told that while the club can sell adverts to local companies, the Football League also sells network-wide advertising space to national and international companies.
Ward said: “Individual clubs can request to have certain adverts blocked, however the club would then lose its share of the revenue raised from the advert.”
Gareth Willsher, media manager for Northampton Town, said clubs relied on the Football League’s judgement to ensure that a company or advert is appropriate to appear on its members’ websites. But he added: “We have asked Football League Interactive how much it would cost the club not to carry the adverts. When I get that information I will present it to the chairman.”
Wonga’s advertising spend has grown from approximately £22,000 in 2009 to £16m in 2011, according to analysts AC Nielson MMS, and the brand is currently plastered over London’s buses and the shirts of Blackpool and Heart of Midlothian football teams.
Wonga declined to comment itself, but forwarded the Guardian a statement from Daniel Hogg, a 22-year-old student and lifelong Blackpool supporter, which read: “Wonga’s sponsorship of my team Blackpool has been great – I think they deserve nothing but praise for that, and I reckon football fans can make their own minds up about whether they respond to their advertising.”
One club official said it would be difficult for clubs to ban advertising for payday lenders while accepting adverts for alcohol and gambling.
However, other companies are rejecting adverts by payday lenders. PayPoint, the bill payment system, has suspended advertising from payday loan companies while the Office of Fair Trading carries out its review into whether lenders are targeting vulnerable borrowers.
The company, which runs counters around the UK at which householders can pay bills in cash, had been carrying payday loan adverts on receipts given to consumers when they used its service. However, it said that “given the industry-wide scope” of the OFT’s inquiry it had put this on hold. Once a pre-booked campaign has ended, payday loan company adverts will no longer appear.
Seamus Smith, managing director of PayPoint UK, said: “While we satisfy ourselves that the companies advertising on our receipts are fully compliant with the markets in which they operate, in this case, based on information received from the OFT, we believe it is right to step back and await the outcome of their investigation.”
In January, Transport for London excluded Wonga and other high cost lenders from its sponsorship deals following bad publicity of Wonga’s sponsorship of free travel on New Year’s Eve 2010.
Graeme Craig, commercial development director at TfL, said the company was working on a new sponsorship policy which would set out the type of companies from which TfL would accept corporate sponsorship in the future. He said: “TfL has no plans for corporate sponsorship that involve payday loan companies.”
Gang of 10 – Not Great Men
Damaged Goods.
Rankers (legneds) v AC Milan (geriatrics) = Fascists v Fascists
I expect Barca will give the real AC a skelpin’ tonight!
canamalar
Are you the one that said you had the cure for cancer?
If you aren’t I sincerely apologise. Can you remember who it was?
Wanyama suspended for 2 games…
…and Wittackler (with his malicious intent in the follow up) will play on as if nothing happened.
Grrrrrrrrrrrrrrr…
sixtaeseven
Can Whittaker not be pulled up in front of the video review panel as I’m sure he wasn’t booked in that incident ?
I know I’m asking for a lot
Heard we got fined £17,000 for the banner incident , anyone know if this is true?
FourGreenFields on 28 March, 2012 at 14:30 said:
He can but he won’t.
Awe_Naw_No_Annoni_Oan_Anaw_Noo, 14:15
Legals take time simply because the cost of litigation dictates so.
Also a story is stronger when those involved have a right to reply.
It has nothing to do with news management
philvisreturns on 28 March, 2012 at 13:58 said:
What Would Gerard Depardieu? (thumbsup)
Is the answer, urinate on a plane :)
ernie..,
icke, didnt know, dont care, just shows your bigotry, in dismissing an argument because he is involved.
The rape of his daughter would lead to “a bitter and acrimonious marital breakdown” I expect.
Damages were awarded, this would have been done on physical evidence.
Was the reporter who initiated the campaign, I take it from your point spent time in jail, was simply trying to get celeb status then ?
You have not explained any objections just continue with hun like dismissal,
“I’m sorry if you think that being rational and logical makes me sound like a hun.”
You have made ZERO rational or logical arguments, so aye, very very hun like.
I’ll ask again, and I’ll look carefully for your RATIONAL and LOGICAL argument, please explain why this national disgrace is not a scandal ?
test.
FourGreenFields on 28 March, 2012 at 14:31 said:
Apparently so and it was late in Feb. Strange its only going public now.
celticinthesun,
I remember The Exiled Tim, had experience with something that he will swear helped.
I only do immortality, different thing altogether :o)
O.G.Rafferty
So a proposed story heads to the lawyers to decide whether /and/or what can be printed to avoid costly litigation in case the story does not hold up. Fair enough! That I would imagine will take about 30 minutes of an experts time. If not then I would seriously doubt the expensive information that I have been given. You (not personally) are either expert in an area or you are not.
Can you elaborate on why
A story is stronger when those involved have a right to reply ?
surely that depends on the contents of the story rather than some kind of journalistic holy rule.
Hail Hail
Just sitting thinking about what an achievement it will be for Neil Lennon and our young team to win this title and how they did so well last season to run ‘the greatest rangers manger ever’ to the last day.
They talk of tainted titles, etc not realising the irony as revelation after revelation comes out.
I mean the team Aunt Sally put out on Sunday is only there because of tax avoidance and not paying their Creditors.
They gave Davis, McGregor, etc huge pay increases to stay at the start of the season and then avoided National Insurance and Income Tax to pay it.
Stupid huns…
I’ll ask again, and I’ll look carefully for your RATIONAL and LOGICAL argument, please explain why this national disgrace is not a scandal ?
>>><<<
because it involves the 'establishment ',and in these days,THAT lot get away with murder,figuratively & literally. the corrupt & depraved are what we are expected to kowtow to. if not,then the horsewhips come out.
AsonofDan
It is a bit off isn´t it that HunIA can actually go into insolvency in the summer yet their achievements from the previous season still stand.
Hail HAil
Awe_Naw:
“This information was first revealed by RTC on Sunday night.”
I dont remember him (her?) coming out with something like this on Sunday, and just checked back through pages 12, 13 and 14. What was revealed?
FourGreenFields on 28 March, 2012 at 14:30
As much as we would like to see that, I fear the cheat Wittackler – and his pal MaCoolick – will get off Scot free.
:o(
miki67,
I must admit to being surprised at ernie’s stance on this, if he can shed light as to why he thinks the way he does it will be helpful, but if he has no rational apart from david icke is involved, then he crashes in mt estimation as a contributer, this is not a subject which should be obfuscated, by innuendo or guesswork.
Shittaker is a lodge member….Big Vic isnae…simples..
Gordon_J backing Neil Lennon on 28 March, 2012 at 10:16 said:
Good aren’t they, these administrators?
Gordon_J from previous post.Couldn’t agree more its pretty obvious they are waiting till the BTC result,I can see nothing but liquidation coming their way and if I were a hun (don’t be ridiculous – ED) I’d be more than a little pissed at the lack of any concrete activity.
Surely during this period the debt must have continued to rise????
I’m a bit bored with it all now,enjoying watching the Tic and looking forward to winning the league,just got my semi final ticket today lots to look forward to,not to mention their eventual demise.May at the earliest I would think.
The smallest CSC
RTC revealed on Sunday night that on Tuesday of this week that information would hit the streets that would make our jaws drop.
RTC guy removed the juicy morsel a few hours later.
It´s now Wednesday and it sounds like even more legal counsel over this matter is being sought and more frustratingly further away from being published than was originally first thought.
Hail Hail
What exactly has Alex Thompson brought YET to the table as well by the way ?
Hail Hail
Awe_Naw_No_Annoni_Oan_Anaw_Noo / O.G.Rafferty
Trying to second guess RTC’s latest post “Not Long to Go” and with his/her praise of Alex Thomson of C4. Has RTC passed on e:mails, side letters etc. to Alex Thomson. Thomson with maximum exposure on C4 news will/can bring down the whole rotten cabal – SFA/Huns/MSM. What do you think?
catman
Are you one of 3 catmen?? if so are you young or middle? as i believe older is in australia!!
or am i way off?
Neil canamalar Lennon hunskelper extrordinaire on 28 March, 2012 at 14:46
I went and had a read of all the stuff re. the case. The FACTS speak for themselves. The ‘establishment’/landed gentry/toff/aristo class take care of themselves. I’m never surprised by how debased they can be; for them,incest is de rigeur and paedophilia is a pastime. I know those are strong words,but hey,look at them…are they not a disgusting cabal?
timmy7
the interest on the tax bill is 1 million a month and rising
the bill for D&P is AT least 1 million a month.
That makes since the huns went into admin an increase in costs of at least 3m in just over 6 weeks
Yet all have been fed the 10m financial whole in funding
How can they manage when it is now 13m ???
Hail Hail