Craig Whyte’s representatives have seen more court time than Andy Murray in recent months and were able to make the most of home territory at the Court of Session in Edinburgh today by gaining permission to appoint their own administrators, Duff and Phelps.
Scottish Premier League tables across the world will now be updated to reflect the new position which gives Celtic, who scrupulously pay all debts, a 14 point lead at the top of the table.
The hours and days ahead will be worrying times for the many employees of Rangers, not all of whom are on superstar wages, who await to hear if they still have jobs. Worrying times also for suppliers to Rangers, including Glasgow City Council, Strathclyde Police and the many small traders, who will be asked to provide services if Saturday’s game at Ibrox goes ahead.
One final push (this week) for the Vanessa Riddle Appeal. We have a Celtic top signed by the first team squad available to auction on eBay. You can bid on the auction and help send Vanessa for the treatment she needs by clicking here. Thanks to Penfold for the donation and to Taggsybhoy for organising (yet again).
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No Celtic bhoy will ever have an excuse to forget Valentines day ever again.
Awe_Naw_No_Annoni_Oan_Anaw_Noo says:
14 February, 2012 at 15:51
Wait and see.
On the question of a NewCo, why not?
Organised – Administration – Pre-pack
Dis-organised – Liquidation – Auction room action to pick up the name / strip / badge and the stadium / Blue Room carpet / 60m2 of marble staircase.
Finally how much income will the Administrator draw in?
£10mill?
£20mill?
£30mill?
AWE NAW 1539
You’re better at this speed-reading than I am,I saw your reply to a similar question a few minutes ago.
I think you’re right btw,and I’ve been hammering this for about 7-8 years,and the total bill scenario of about £120m for a while too.
So annoying that a numpty like myself 400 miles away from Glasgow can put two and two together better than all those journos back home with all their contacts and influence.
I’ve already told my hun mates that a complicit media is to blame,just as much as Murray or Whyte.
OF COURSE,WHEN I SAY BLAME,I REALLY MEAN THANK….
And so the meek shall inherit the earht
parcel ==>
jock steins celtic says:
14 February, 2012 at 15:50
‘Football debts take precedence so Hearts, Dundee Unt etc will get paid (eventually)’
Football debts don’t take precedence.
They do in England, not in Scotland.
Wifes hun cousin still thinks Government will step in and help them and that the title we will win will be tainted.
what a total FUD.
Mick
HH
What are the implications of the Tax Dogders appointing the administrators rather than the Revenue doing it?
Is this better for the Huns?
MadMitch says:
14 February, 2012 at 15:54
Do you need spoon fed that badly ?
Hail HAil
PENFOLD 1540
In the interests of clarity.£820 slightly outbid me.
Hail hail to the other bidder,but there are four days to go.
I’ll bide my bid.
Is the admin man not C W sidekick???? Emdae know better??
quonno
put your money where your mouth is I´ll give you 10.1
Hail Hail
cheers for clearing that up Ernie, just as well we don’t do business with them !
BobbyM – you are right. We often slated the press for their hush up job. we should thank them for preventing any meaningful resistance to this from the Orcish hoardes.
Of course Phil Mac has claimed that the publicity over the tax case made the club impossible to sell. Not so sure myself. I think the FACT of the tax case made it impossible to sell. Who wants to buy a £50 Million liability on top of a club that laready had £30 million of debts?
Som mes que un club said at 15:27
‘The BBC have new story on the ‘history’ of RFC, but decide to ommit the details of 100 years of a sectarian signing policy’
They do indeed; posted today at 15:14.
A piece of absolutely stunning revisionist hunguffery …
FF
Portsmouth colours Red White Blue Huns colours same unlucky for some
Hey Craig, whit about that ‘if you were sold a loan protection plan’ you can claim it back?
Stuff the 10 points lets go for sq go lol.
Anyone seen Declan recently, wonder what his views on todays event are ?
HH
ernie
Apparently Strathclyde Police want the money by Thursday or they won’t be there on Saturday.
Awe_Naw_No_Annoni_Oan_Anaw_Noo says:
14 February, 2012 at 15:58
What league will THEY be playing in for THEY certainly won’t be non-existent. Already the media wagons are circling to make sure that won’t happen?
HT
By the looks of the crowd at their last game they wont need any police
Moneysavingexpert
Happy Administration Day Bhoys and Ghirls!
Fantastic day yesterday and today. They are absolutely beeling. Have no sympathy whatsoever. Down with Scotlands “Second Largest Institution”…a truly horrible mob who won’t be missed.
Not sure if this has been posted, and do not want to get too carried away, but when can we win the league?
I assume that if we both win all our games (highly unlikely- there will be points dropped by THEM) then we can win the league with 4 games to spare?
It could well be won before the split then no? We have the orcs on the 25th March, two games before the split am I correct?
Wishful thinking, but I am also in the camp that we MUST not let this get to our heads, and remain focused and wrap up what will be a wonderful title.
Hail Hail,
CB
RT @ 15.50
He who holds the – pre 2004? – floating charge can call the shots come Administration time.
CW is just making the most of the situation that presented intself regarding TFOD and their bank debt.
The only winners will be the lawyers.
HMRC will come over all medieval if it thinks it is a sweetheart deal.
Consequently this looks like it could run and run.
Interesting to see who breaks cover regarding putting in an offer.
Bargains to be had fholks
http://www.rangersmegastore.com/
HH
Anyone else think that Whyte may have been desperate for his own choice of administrators because they charge such a high fee for doing the work? ………#backhanders
P67
Dont know if done yet….waaaaay behind in comments, but……..
ST VALENTINES DAY MASSACRE
hhplc
Boy on SSN greetin.Whit a day!!
Hun nearly greetin’ on SSN. Hahaha
Paddy Gallacher 15.50
The peepul will get their bricks back but they’ll have to wait until Tesco buys the site and demolishes the stadium.
Rangers fans greeting on SSN. Magic fn Magic so it is ‘Comedy Channel’.
hamiltontim says:
14 February, 2012 at 16:00
If Strathclydes finest don’t show up will it be played behind closed doors meaning that they will owe season ticket holders the price of a game?
Anyone just see the big hun in tears on SSN? ha ha ha. Guy before him was funnier “it came out of nowhere, we wurnae warned”.
ha ha ha some hun outside Ibrokes on SSN:
“we wurny even warned”
Ha ha ha ha ha the stupidity.
HAIL! HAIL!
Token
What about the Hun greeting on SSN? Almost wet myself
120 years of unsurpassed dignity, roflmao!!
quonno says:
14 February, 2012 at 16:01
Stop your havering you said they will be in the SPL next year
put your money where your mouth is
Hail Hail
Excuse me if this has been mentioned but the fact that David Grier has a close relationship with Whyte can this not be seen as a conflict of interest ? Can the clever ones on here tell me, would it have been much better if HMRC had appointed thier administrator ? If this is a daft question please ignore
Roddybhoy
29 point swing – that sounds good to me