It has been another busy news day but for now we’ll concentrate on the two most important matters.
10 SPL clubs, excluding Celtic and Rangers, have arranged to meet next week. This is the most significant news since Craig Whyte bought Rangers in May last year. One SPL chairman told the BBC:
“With the Old Firm having talked in the past about leaving Scottish football, we have had to think about a future without them.
“Part of that situation could be about to come true, so we have had time to think about how we would get on without them.”
The smaller 10 SPL clubs have a once-only opportunity to redraw the power and financial map in Scottish football. They want more of your money and this is their chance to get it. They also want to be able to vote crazy ideas into the league that benefit teams without many fans or good players.
This is perfectly understandable and expected. The distribution of TV income currently favours successful clubs, who are invariably featured most often. Smaller clubs want to change this into a more equitable distribution model. You and I will still buy the overwhelming majority of subscriptions, but our club will receive less cash from the TV deal.
“Part of that situation” refers to an SPL without Rangers. This meeting is likely to end Newco Rangers hopes of getting straight back into the SPL in their tracks. Without knowing the numbers in favour of a change, this looks like the killer blow, delivered before any proposition from Craig Whyte reaches the agenda.
We have discussed the need for Whyte to present a fait-accompli in order to get his wish. Having been unable to do that, others had the opportunity to organise and make alternative plans.
The other important occurrence today was the attendance at the Rolls Building courts in London today by HMRC lawyers, keen to secure any monies seized from Collyer Bristows’ client account last week. HMRC have made it perfectly clear they are all over Duff and Phelps and will seek court intervention to secure their rights.
This is significant.
You can make what you like about a more even distribution of SPL TV money, or the possibility of being held to ransom in future by bad teams who want to vote themselves out of relegation, but the only thing we know for sure is that this has been a profoundly bad day for Craig Whyte and anyone else hoping to phoenix a Newco Rangers.
In light of today‘s developments, Mr Whyte and the administrators have some thinking to do before announcing any plans tomorrow.
Issue six of CQN Magazine, the Fit and Proper edition, is set to become a landmark collectors item. You can browse the magazine online here but you can buy your own hard copy by clicking on the link below. Read with 20-20 vision…..
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I have no big insight – but doesn’t this all mean that the court-room phase is just about to start?
ibleedgreenandwhite1 on 9 March, 2012 at 09:12 said:
I’m in Castlemilk right now,can I be first to slap you ?
Chill fellow Tims!
The media hype is just that nothing has changed over the last few days apart from a few crocks agreeing to continue to sit on the treatment table for less wages instead of being shown the door today.
Who is spreading all this joy in hunland?
The ‘Scottish Hun’ tells us a deal is done with the taxman! As there has been no creditors meeting no agreement can be in place. I also think it is highly unlikely that even if it were that D&F would be so unprofessional to disclose confidential discussions with a creditor to the nation. Remember it is the sun we are talking about here. Look at their track record we all know that every story they print is 100% accurate.
The other bringer of joy is our old friend Chick who knows of ‘serious players’ just waiting to move. This is the same Chick who went into print 4 weeks ago saying that there was no chance of going into administration and is the only one to buy Doncaster’s tosh. That’s our Chick and we love him really but would you take anything he says seriously.
The questions are still there. How can we survive losing £1m a month with no season ticket income for the next three years? Who does have security on Ibrox and Murray Park? We are told it is not If not Whyte. Is it one of his companies? Ticketus? LBG? If Whyte is not going to profit what does that mean? Ticketus deal has no value? Yeah I am going to give you £20m without any legal agreement and then just walk away without a trying to get my money back. They are in a mess that will probably take years of litigation to sort out. Look at yesterday they went to the High Court thinking they had got their hands on some money to have 4 other parties (2 of them Whyte) pursuing the same funds. If Hector had rolled over for £50m, £60m,£70m or £90m depending on who you read why was he wasting time appearing at the High Court for a measly £2.8m.
Where are the buyers? Anybody with any sense is going to wait for the corpse and hope to avoid the large tax bill than go for a pig on poke now.
Chill fellow tims and enjoy!
Since the day they went into Administration, not one Rangers fan in my office has bought a newspaper
This morning, every single one of them has appeared with a paper
That tells you everything you need to know
weneedtosellpaperscsc
Celtic cancel press conference
Thursday 8th March 2012 20:45
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Celtic: No Friday media conference
Celtic will not be holding a media conference on Friday ahead of Sunday’s Scottish Cup quarter-final against Dundee United at Tannadice.
The Parkhead club took the unusual step amid the crisis enveloping Old Firm rivals Rangers.
The Ibrox club’s administrators have warned of significant redundancies on Friday as they bid to keep the Scottish champions afloat.
BIgjoethinksthebeeksarenthappy
reilly1926 at 09:08 said:
“From this minute on I’m no longer going to be consumed with the demise of the huns. What’s going to happen will happen …”
Aye. Good luck with that.
Personally, I find giving up CQN to be pretty easy: I’ve done it hundreds of times.
Perhaps, like my brother, you have recently found yourself on the wrong end of divorce proceedings, with your wife citing Paul Brennan as the third party …
;-)
fourstonecoppi:
To hell with Gerald Butler, I’ve suffered more than he has.
When you watch the likes of that… there is a Defiance that radiates from Neil Lennon nourished by strength, couage and commitment.
off topic alert – I was discussing this subject the other day on here :
I see the Liverpool-Everton game is being played on Tuesday, live on Sky, at the same time as CL games. I thought this wasn’t allowed ?
TMWTL
Can I spell it out just for the fun of it.
THEY ARE STUPID HUNS. (Is there any other type?)
MWD
BBCchrismclaug Chris McLaughlin
#Rangers players now due to train at Murray Park. Administrators hoping they’ll sign up officially to wage cut agreement after.
1 hour ago Favorite Retweet Reply
hope? is there still some doubt as to wether it will go ahead ?
i wonder if any of th hacks, and i include the business hacks here, are going to ask D&P, where are you going to save £1m per month. Is the facecombers playing staff total wage bill approx £1.25m per month ?
so much spin, i am dizzy.
jock steins celtic on 9 March, 2012 at 09:27 said:
off topic alert – I was discussing this subject the other day on here :
I see the Liverpool-Everton game is being played on Tuesday, live on Sky, at the same time as CL games. I thought this wasn’t allowed ?
———————————-
also had spurs on tuesday night sam tim as CL. same thought crossed my mind
Hmmm
So Rangers administrators are hoping to meet prospective buyers today and coincedently one of their administrators has given an interview to a newspaper saying he expects HMRC to do a deal.
Don’t fall for this bhoys, its all bluster.
Mort
deekbhoy on 9 March, 2012 at 09:23 said:
well put deekbhoy
Chairbhoy @9.05
Free The Monaco One
you can just see it on a banner in the Broamloan
that league 1 in england is a solid
league, eye on the prize DD.
would everyone (us, the supporters i mean)
be happy with that? taking portsmouths
place in england?
enmac, a bampot stands shoulder to shoulder with Neil Lennon on 9 March, 2012 at 09:29 said
Enmac, they way I see it the administrators are trying to pressurise the players into accepting reduced wages via the media. No agreement yet except with the 2 injured players who were probably told to sign up or be laid off.
McGregor away today anyone?
According to SSN, Ally McCoist “swept” passed the journalists at Murray Park this morning.
So the cleaners have indeed been sacked.
Is it not Paul Mc Brides funeral today. Hence cancelled press conference.
jock steins celtic
There was talk that Cup games were different but Liverpool v Everton is EPL so some difference between EPL and SPL but we all know the same rules don’t apply to the “big” leagues.
Mort
“We don’t care what the animals say…”
So far we’ve had the gorilla, the octapus, the pig in the poke (not to be confused with the flying pig, although the two do exist), …
There might also be the “whyte” elephant (the stadium).
Silver fox (cardigan) has so far managed to stay on the sidelines.
Any others?
kitalba on 9 March, 2012 at 09:10 said:
I don’t think there is/are any restriction/s on the share holders of Celtic FC buying a club in England. None at all.
I am sure we could buy them but equally sure we couldn’t relocate them back to Glasgow!So no real point-think Celtic might have looked into the possibility of buying Carlisle at one point but dismissed the idea.
Kitalba
Thanks for posting the link to that video.
A 7mins or so snapshot of how we are all lucky , lucky people !!
Celtic Soul Brother
Don’t think we could use it to relocate but could use them as a feeder club as it were and use any profits made by Portsmouth for the good of Celtic.
Mort
McGreggor earning €25k a week. Takes 75% paycut, now earning €6.25k a week.
Broadfoot earning €12k a week. Takes 50% paycut, now earning €6k a week.
Would you no’ be sick at earning just €250pw more than Clubfoot??
Just phoned HMRC and asked if i could just pay 50% of our company’s Paye due instead of the 100%..the very nice lady who answered had a very polite and professional way of telling me to GTF…
Mort
Thinking further maybe because Sky have the CL rights so they can show what they like but our games were on ESPN.
god bless her majesty
s , revenue & customs
optimistic little soldier
I think that was the problem. They couldn’t agree on who was high medium or low brackets. e.g. If broadfoot on £13k he would after 50% be on £6.5k so more than someone on £25k who had to take 75% cut.
Mort
ok baggsie to be bobby murdoch
Just 24 hours ago Ranjurs were on the brink of extinction and now everything it seems is hunky dory.
A million pounds a month will be cut from their wage bill today and they will be able to come out of admin soon and complete the season, HMRC’s demands will be met with ease and there are TEN people lining up to invest their money with the lucky winning bidder owning ALL of the club.
Wow! Impressive stuff…and all achieved in a day. Surreal or what?
My favourite Huns/media story . . .
In the late 90s I was driving home from work along the Edinburgh bypass, listening the Radio Scotland. Just after the 5 o’clock news, over to Chick Young for the sports news.
Chick: I can exclusively reveal that at this very moment, Alessandro del Piero is locked in talks at Ibrox with Sir David Murray and the Italian superstar is expected to be paraded as a Rangers player in the morning.
I nearly crashed the car.
There was absolutely nothing in the papers next morning and del Piero’s name was never heard again, at least in the same sentence as Rangers.
Someone had obviously wound wee Chick up a good one. My money’s on Gazza.
To me, this was Chick’s Artur Jorge moment.
jock steins celtic
I’ve thought about all possibilities but Hearts v St Johnstone in Scot Cup replay wanted to be shown live on Sky but couldn’t as was up against Europa Lg games.
Mort
playfusbal4dguilders
I think Paul Mc Bride’s funeral is on Monday …
http://www.scotsman.com/news/scottish-news/top-stories/requiem-mass-for-paul-mcbride-on-monday-1-2159210
Funeral breakfast will be at Celtic Park.
FF
MORT 0932
I think it’s also against Eropean regulations as it amounts to government intervention in favour of a particular firm in a competitive environment.
It would be different if they were a non-profitmaking organisation.
Oh,wait……
Sixtae7
Whit abbot the big ‘whyte’ horse?
Whit shoot rats deserting the sinking ship?
HH
RWE CSC
I’m in the queue….on the dog n bone. Number 47….now number 6!
C’mon ya bassa!
T4
Mort
Sky don’t have the rights to Europe League games.