Resolutions to be voted on at the 30 April meeting are proposals from the Scottish Premier League executive (Neil Doncaster). They have nothing to do with the Gang of 10 nor are they a Duff and Phelps/Rangers conspiracy. The resolutions are not set in tablets of stone and have no authority in their own right. The League has form in voting down executive resolutions, in particular overthrowing plans for a 10 team league last year, so, in theory, the votes could go for or against.
Neil Doncaster, being as thorough as he is, has almost certainly shared his plan with the man along the corridor at Hamden, SFA chief exec, Stewart Regan. He is also likely to have taken guidance from the Uefa executive, specifically CEO David Taylor, formerly of this parish. It would be unnecessarily lax to leave legislative loose ends before embarking on such a radical plan, so forget about any intervention by the SFA (cough) or Uefa.
Putting preconceived notions aside (if I can), the resolutions are flawed.
Asking for 8 clubs to vote for a Newco to be allowed into the league, but requiring 11 to vote for a financial penalty to be imposed for an Insolvency Transfer, is beyond ridiculous. The former provision – the gift of continuity to a defaulter – is easy to achieve. The latter – the punishment for defaulting – is unnecessarily difficult. Duff and Phelps will need the support of only one club – let’s say Dunfermline, who are brogue-to-brogue with them anyway and due to relegation will not be affected by the financial penalty, will vote with them. Why would Doncaster put such a high bar on setting financial penalties?
Arbitrary voting thresholds smack of gerrymandering. Can anyone explain this in any other way?
There will now be a period of debate between clubs; Celtic will oppose any provision for a Newco to enter the league. Duff and Phelps will be in the opposite corner. You can expect to hear wailing and gnashing from Rangers (IA) along the same ridiculous lines they have used ahead of the SFA hearings into the behaviour of the club in advance of, and after, Craig Whyte’s purchase of the club. On that occasion, Duff and Phelps argued that the actions of Rangers’ new owner, or the failure of the old board to conduct their business correctly, should not lead to a penalty on the club.
It doesn’t matter how lax or severe the proposed penalties, Duff and Phelps will oppose them. Anything lessening of the penalty is worth money to the proposed new buyers of Rangers, so let’s view everything Duff and Phelps say in pound notes.
Rangers have unpaid bills potentially running up to £134mm that’s medicine, operations, road repairs and Help for Heroes. Allowing them to ditch their history and start afresh, where owners profit by securing a floating charge over the stadium, where fans can continue to be provided with a team in the league, creates an unprecedented moral hazard. It rewards irresponsibility and would create a queue of clubs ready to do the same.
And on the point of ditching their history… I openly mock anyone who uses phrases like Hybrid Liquidation. You don’t get Hybrid Liquidation, Partial Liquidation or Liquidation Lite. You cannot buy or sell history, as Duff and Phelps tried (and failed, I think) to convince Rangers fans. Liquidation would mean Rangers Football Club, established in 1873 (or 1872 as they now claim), incorporated in 1899, is finished.
Just pay your bills and do us all a favour.
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repost from last thread
Some crazy notions on here tonight
Anybody proposing that Celtic should resign will
achieve the same result as the crazed orc on FF
that wants us dead
i.e. we will be dead.
and to those who say we should play in Div 3
Youse are all off your nut
why do you want to play the victim or the poor martyr.
Has it not occurred to you that we are the strongest,
richest and best supported team in the league.
We should take them on from a position of strength.
It is up to the fans where they spend their money
or where they don’t spend their money.
It is also up to the Club who they play their football
against
or who they refuse to play
or in which competitions they play in
or refuse to play in
IMHO if Celtic play a newco ragners in the SPL next
season then they legitimize them and undo at a stroke
all the sacrifices made since MON left.
Getting a newco back int the SPL is a monetary thing
for the other clubs
However this only works on the presumption that Celtic
will acquiesce and return to the way its always been
If we play hardball they’ll need another plan.
The easy part is
we don’t have to do anything
at times we just have to do nothing
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Calabam:
A boycott only relates to football fans. The political holds the attention of wider society. This is after all, beyond the sporting issues, a matter of non payment of taxes- something in this particular economic climate that outrages people.
Auldheid,
sfa/spl/uefa confidentiality agreement on corrupt fc discussions, this must raise concenrs for you ????
Is this the precursor for a common uefa approach for the bigger clubs who will soon fold under financial pressure, manure, barca the biggest in europe potentially already in deep financial trouble, needing an exit route back to the top ???
Liquidation Lite
Love it Paul!
Btw will try and get the report done this week, do you want me to include the early April games as well as all the March games?
HH
PayyourtaxesCSC
@ETimsNet: Birdie telling us UEFA briefed on all events happening re RFC. Platini committed to intervening if ‘financial fair play’ rules ‘bypassed’…
67Heaven … I am Neil Lennon..!!..Truth and Justice will always prevail on 11 April, 2012 at 21:52 said:
”ernielych …… You are always anxious to take every opportunity to criticise our Board,”
I’ve said the Board could stop this if they wanted to.
You have construed that as a criticism of the Board.
Why?
TinyTim on 11 April, 2012 at 20:56 said:
Senor Pablo Diablo 19.06
If a club fails to complete ALL of it’s league fixtures then ALL points earned are withdrawn.
So if we amass say 90 points ,but fail to complete even the last fixture against Rangers.The penalty would be that all our league points would be deducted from us.
TT
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Clink\o/ by appointment to Mr Custards Jelly And Ice Cream Emporium on 11 April, 2012 at 21:48 said:
Tiny Tim at 20.56
where did you info that all points would be deducted
if you refused to take part in 1 or 2 matches
you mean we might end up with ZERO points
We might get relegated
That would be an interesting scenario given the
carry on that the league needs Celtic and the huns
Wiki info on the SPL powerbrokers. These are the men who will decide ( one clubs info might be out of date though).
Brogue to brogue Paul, great expression.
————–
This is a list of the major owners of the clubs in the Scottish Premier League. It details their estimated net worth and the main sources of their wealth.
Club Major shareholder Shareholding Believed net worth all together Source of wealth
Aberdeen Stewart Milne CBE (??%) £140 million[1] Owns local building group Stewart Milne Group[1]
Celtic Dermot Desmond 37%[1] £1 billion[1] Sold London City Airport and food company Greencore for nearly £850 million; previous sales of over £250 million[1]
Dundee United Stephen Thompson (??%) £20 million[1] Late father Eddie Thompson sold the Morning, Noon and Night convenience store chain for £27 million in 2004[1]
Dunfermline Athletic John Yorkston Founder and long serving Managing Director of First Scottish Group – a company that provides services to the legal profession
Heart of Midlothian Vladimir Romanov 82% £200 million[2] Majority shareholder of Lithuanian bank Ūkio bankas[2]
Hibernian Sir Tom Farmer 90%[1] £110 million[1] Sold the Kwik-Fit business to Ford for £1 billion in 1999, with proceeds to himself of £78 million[1]
Inverness Caledonian Thistle George Fraser
Kilmarnock Michael Johnston A T Mays (Travel agents, sold to Royal Bank of Scotland)
Motherwell John Boyle £45 million[1] Sold Direct Tours business for £81 million to Airtours in 1998, with proceeds to himself and his brother of £56 million[1]
Rangers Craig Whyte 85% £200million Venture Capitalist. Chairman of Wavetower Limited & Liberty Capital
St. Johnstone Geoff Brown £21 million[1] Owns local housebuilder GS Brown Construction, which has net assets of £26 million[1]
St. Mirren Stewart Gilmour 52%
[edit]References
O.G.Rafferty on 11 April, 2012 at 21:30 said:
The Singing Detective, 21:13
Not the case – in fact just the opposite
Stuart Cosgrove is an Exec with C4 ? Not sure what his remit is .
lionroars67 on 11 April, 2012 at 21:54 said:
this is a supporters forum, what is wrong with you really?
What it says about me, is I have a sense of humour like most people, you go to your bathroom take a long look in the mirror and ask yourself one question are you happy! If your answer is what I expect it to be then I will accept you apology any time.
Well done Sean Maloney
Ernie – I understand that an away bhoycott next season could be viewed as coming too late, a Newco entity would already be playing in the SPL.
I believe you want our board to threaten resignation from the SPL in an attempt to nullify the argument that both “big teams” are required in the league for commercial reasons. Bearing in mind that under current SPL rules a two year notice period is required, are you proposing that our board should threaten to resign at the end of this season or just serve notice that we will be leaving in 2 years time?
If you are proposing the former, then the club will be sued by the SPL and the other clubs for damages due to lost revenue by Celtic not seeing out the required notice period.
If we also follow your advice and apply for the vacant SFL div 3 place, then the effect on our club would be huge – no chance of CL or EL income for at least four years, massively reduced number of season card holders, loss of the majority of corporate sponsorship income, massively downscaled hospitality income, majority of players leaving to play in better leagues, etc, etc.
That’s practically a dream scenario for any Newco entity looking to establish itself quickly at the top of the Scottish game.
What would happen when we gained promotion through the leagues and rejoined the SPL or would we refuse to do that in perpetuity? What would be our future while the entity dominated the SPL?
Are you sure you’ve thought this through?
TTTT
lionroars67 on 11 April, 2012 at 21:39 said:
The definition of insanity is to keep doing the same thing and expect a different result.
It is abundantly clear that Scottish Football is rigged and until something is done to stop the riggin, continuing to pay to watch is doing the same as before and expecting a different result. Yup insanity.
Now if certain changes were introduced and other things happened like Oldco being stripped of their titles and the SFA changed the refereeing to make it an accountable service and licensing rules were properly and transparently applied and Newco were told there would be additional penalties on an increasing scale for unacceptable behaviour (and define the songs that cause it), maybe then, just maybe I’d think sufficient curbs had been out on Newco to accept them back. But I’d be happier if they learned the hard way about behaving by enduring the full consequences of misbehaving.
But allowing them back in on the basis of the SPL proposals is insanity.
Good article Paul.
The preparations for the hun phoenix are being stepped up and becoming evermore transparent.
Loved Keevins on Snyde explaining how newco must enter the SPL because there is no precedent here and Rangers aren’t members of the SFL because its a separate league. Rangers liquidated are dead Hugh, they aren’t members of ANY league. As such they should do what any new club wishing to play league football would do, apply for membership of the bottom tier. But then you know that perfectly well don’t you…
sigh…
hen1rik 21:56
Really hope that tweet from etims is accurate
as i said earlier IF UEFA allow this to pass, they will officially endorse all kinds of cheating and can no longer attempt to claim they govern a “sport”
Come on Platini, get your finger out!!!!
Paul67 on 11 April, 2012 at 21:47 said:
”ernie lynch, remember our Cognitive Dissonance days? If Celtic vote against, Celtic vote against. Accept it. Perhaps we should ask the board to fix the damp climate in the Parkhead area.”
You’ve already said that you expect no one else to back Celtic.
So they’d be voting knowing it would have no effect.
Humour me for a moment.
What would happen if Celtic threatened to resign from the SPL and apply for the vacant place in the Third Division?
1. How would the other clubs in the SPL react?
2. How would their banks react?
3. How would Sky/ESPN/BBC and any other media outlets who plough money into the SPL react?
4. How would the SPL sponsors react?
5. How would UEFA react?
Who have ragers picked to ref the next O F game?? Just askin like!!
Paul67
I doubt they’ll even end up having to ditch their history.
boycott away matches
arrange prep meetings this week
CSA etc to take the lead
Paul 67
I’m waiting on the right moment. I’m waiting with ever increasing anxiety for the time when Celtic call a halt to this shameless and undignified disgrace. Surely we need to make our intentions known before this cheating, lying, spitting, scratching campaign on behalf of this peerlessly immoral gathering of the most despicable of types gains such momentum that it is accepted as a fait accompli.
It seems very clear that Celtic will oppose. Please tell me that the time is imminent when we spell out the consequences of an unhindered admission of newco to the SPL in explicit terms. Those who simply don’t have the capacity to think beyond the immediacy of their own pathetic existence need it made very clear urgently.
tommytwiststommyturns on 11 April, 2012 at 22:02 said:
”Bearing in mind that under current SPL rules a two year notice period is required, are you proposing that our board should threaten to resign at the end of this season or just serve notice that we will be leaving in 2 years time?”
I would expect them to resign forthwith and argue that the actions of the other members of the SPL frustrated any existing agreement.
maloney’s goal
delighted for him
http://www.youtube.com/watch?v=6a01LlIHefQ&feature=related
whitecrook
Do you use the south or the north airport when you go to Garochico?
Forget bhoycotts or taking our ball and leaving the league. Target the (yet to be signed) TV deal.
ernie
You and I have been here before when you claimed that I would be a ‘joke’ supporter supporting a ‘joke’ club if I continued to watch Celtic if a newco were permitted entry into the SPL.
You claim that CFC could stop this. In your opinion, without condescension, how exactly could we do this?
Athletico 1 Real 1,mon the Barca!
Aberdeen For Change @AberdeenChange Reply Retweet Favorite · Open
A newco Rangers & acceptance of SPL changes would see Scottish football driven by greed, corruption, commercialisation & cheatin
I am actually quite calm about all this S.H.I.T.E. (Scottish Huns Insolvency Transfer Event). I had already decided ages ago that if the Huns were let off with minimal punishment for a massive crime, I would have no interest in Scottish Football. What Celtic FC does or doesn`t do might affect my feeling for the Club but it would not affect my decision to be finished with Scottish Football.
In short, I would rather Celti FC ceased to exist than to be complicit in the continuation of Rangers.
Hopefully, however, we are all reacting a bit prematurely but I have no confidence in the Scottish Establishment.
JJ.
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Celtic were very slow in acting when the ten called a meeting without us being invited.When the meeting was called Celtic must have known that they were alone in this League.There will be no Aberdeen siding with us,nor Hibernian,Nor Dundee Utd.These would be the three that may have said no to this meeting,but They went and cast their vote along with the other seven, so we are on our lonesome.
As I said Celtic are on their own,We, the supporters are the only people that can help in this battle of wills,40-50 years ago there would have been mass rallys,where ideas would be thrown back and forth,now there are no meeting places,just forums where there is a lot of inane chat,suggestions that are thrown back and forth,but no action,plenty of suggestions but no action.
I may be the wrong person to suggest there has been an Idea thrown in the mix tonight that would certainly get the wrongdoings that are happening in Scottish Football to a world stage, but it would be a big ask from our Supporters,That is if we are lucky enough to get into the final,is to withdraw our support,refuse to attend that game.The World of football supporters would certainly be asking why.
It’s a big ask,but I think it would certainly bring attention to our plight here in Scotland.
jude2005-I’ll go for the 5th Collum.
Is it Sean or Shaun??
ernie lynch on 11 April, 2012 at 22:04 said:
Can see where you are coming from…….why, because you are presenting your ‘case’ in a rational manner ….. I would rather we formally approached UEFA / FIFA etc and applied to transfer out of the SPL, giving evidence as to why …..we need to get out of this cesspit altogether…
hamiltontim on 11 April, 2012 at 22:10 said:
What I said here
ernie lynch on 11 April, 2012 at 22:04 said:
Ernie
Sorry to sound somewhat sceptical but it would be good to hear your suggestions as to how Celtic stop the sham tat is being proposed, and state what exactly Celtic arent doing that they should
I accept that they are not entirely blameless, but i doubt that many of us on this blog are better qualified than the following:
Ian P. Bankier (59)
Chairman
Mr Bankier first joind the board as an independent non-executive director on 3rd June 2011. He was subsequently elected by shareholders at the Annual General Meeting on 14th October 2011 and also assumed the role of Chairman that day, following the retirement of Dr John Reid.
He is Executive Chairman of Glenkier Whiskies Limited, a company he substantially owns. Glenkier operates The Whisky Shop chain which is the UK’s largest specialist retailer of whiskies. He has been involved in the Scotch Whisky industry for 15 years having been Managing Director of Burn Stewart Distillers PLC and Chief Executive of CL World Brands Limited. Mr Bankier’s formative career was as a solicitor and he was a partner in McGrigors for 15 years where he specialised in corporate law.
Mr Bankier now lives and works in the Glasgow area and he has done so for many years. He is a longstanding supporter of the Club
Tom E Allison (63)
Senior Independent Director
Tom Allison has been a non-executive Director since September 2001. He is Chairman of the Remuneration Committee and a member of the Nomination Committee. Mr. Allison is the nominated Senior Independent Director. Mr. Allison is Chairman of Peel Ports Limited and a director of Peel Holdings Limited. He is Chairman of Keepmoat Limited, Tulloch Homes Group, a non-executive director of Sunseeker Yacht Group Limited and is a member of the Council of CBI Scotland.
Dermot Desmond (61)
Independent Non-Executive Director
A non-executive Director of the Company since May 1995, Mr. Desmond is chairman and founder of International Investment & Underwriting Limited, a private investment company, with interests worldwide. Mr. Desmond is a member of the Nomination and Audit Committees and the Company’s single largest shareholder.
Brian Duffy (57)
Independent Non-Executive Director
Brian Duffy was appointed to the Board as an independent non-executive Director on 8 February 2010. Mr. Duffy was educated in Glasgow and qualified as a Chartered Accountant in 1976. He has held a variety of senior posts in the clothing and consumer goods sectors. In 2003 he joined the Polo Ralph Lauren Corporation, one of the world’s leading luxury lifestyle brands, as President and Chief Operating Officer, Europe. He has been Group President, Europe of that organisation since 2008.
Peter T Lawwell (52)
Chief Executive
Peter Lawwell joined the Company in October 2003 from his position as commercial director with Clydeport plc. As Chief Executive he has overall operational responsibility for the Company. Previously he held senior positions with ICI, Hoffman-La-Roche and Scottish Coal.
Ian Livingston (47)
Independent Non-Executive Director
Ian Livingston was appointed to the Board on 1 October 2007 as an independent non-executive director and formally elected by shareholders at the Annual General Meeting on 19 November 2007. Mr Livingston chairs the Audit Committee.
Mr Livingston is currently Chief Executive of BT Group Plc. He joined BT in 2002 as Group Finance Director, having held a similar post at Dixons Group plc also serving as Chief Executive of BT Retail. Mr Livingston has also previously been a non-executive director of Freeserve plc and Ladbrokes plc. He qualified as a Chartered Accountant in 1987.
Eric J Riley (54)
Financial Director
Eric Riley joined the Company in August 1994. Mr. Riley is a chartered accountant and has executive responsibility for operational areas of corporate strategy and finance. Mr Riley is a non-executive director of the Scottish Premier League Limited.
Brian D H Wilson (62)
Independent Non-Executive Director
Brian Wilson was appointed as a non-executive Director in June 2005. Formerly a Member of Parliament, Mr. Wilson also held several ministerial posts during his political career. He is an experienced journalist and writer and a director of several private companies. Mr. Wilson sits on the Audit and Remuneration Committees.
B B
lol
He’s marked for the S C final if we get there!!
SS2 -Madrid Derby
67Heaven … I am Neil Lennon..!!..Truth and Justice will always prevail on 11 April, 2012 at 22:14 said:
I’d take that option if it was available.
I’m assuming it wouldn’t be, hence the move to the Scottish third division.
CFC waiting for everything to be lined up – the FTTT, dual contracts, withholding information etc.
Then they strike.
Doesn’t mean they’ll win but those not lined up behind them will be on shaky ground and MAY be persuaded.