There have been many questions about the unusual circumstance in football of Rangers going into administration but not making any players redundant. It is possible, and not totally uncommon, for directors of a company in administration to arbitrarily choose to provide funds from their own resources to pay any chosen creditor, including staff. In football, players’ contracts of employment need to be with the club, but the source of payment can come from anywhere.
In this instance, Rangers Group, the club’s holding company, or any other body or person, could be in sufficient funds to provide the administrators with enough money to not only pay players, but to continue operating in a relatively normal state. Rangers’ administrators have already suggested Craig Whyte has guaranteed to make-good wages due to be paid this week, although it was not made clear which entity would be paying, or the source of such funds.
Administrators will only be forced into player redundancies if they do not have sufficient funds available to see them through to the timely conclusion of negotiations with creditors, or if they are unable to receive binding undertakings from another source that they will step forward to pay players next month.
Various sources over the weekend suggested HM Revenue and Customs were prepared to extend generous time to pay terms to Rangers. This club is owned by Craig Whyte. While we all know what a stand-up guy Craig is, how likely to you think HMRC are to believe he will stick to a plan stretching out years into the future? It’s just not going to happen.
I hear a ‘We’ll take a few years to pay too’ campaign is set to trickle through the SPL if HMRC agree to this one. Better using the tax man as a bank than using an actual bank.
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James Forrest 19.39
Did Voguepunter write that for you? Well said that man.
mey = my
James forest is the emperor Of ice cream:
Are you a follower of Wallace Stevens perchance?
Kudos if you are
Scotpatsfan says:
20 February, 2012 at 18:00
Philvisreturns
I had a discussion along similar lines yesterday at a baptism where a couple of friends/workmates were talking about wanting M.Thatcher dead.
First of all, as a Christian, I do not wish death for anyone, be it Thatcher, Paisley etc.
Then I pointed out that I wasn’t that sad that she shut the mines in Scotland. They were breeding grounds for anti-Catholic sentiment. They were extensions of the orange lodges they all belonged to. We were detested in all forms and there was no such thing promotion for any RC’s. There were areas underground that were clearly marked as no go areas for RC’s!
From what I was then told, it was similar in the steelworks, but maybe not as bad as the mines.
SPF
share
My Catholic dad worked in the Scottish pits and rose through the ranks to be a manager.
God rest him, he told hundreds of stories (often multiple times!) but never one that reflected the points of your post.
He worked in Lanarkshire and Ayrshire pits till about 1965.
Hail Hail!
Awe_Naw_No_Annoni_Oan_Anaw_Noo says:
20 February, 2012 at 19:45
which is fine. we all have our crosses to bear (not that kind of bear)
wonkyradar:
The “roller of big cigars” who hands out the ice cream at the funeral.
Best job in the world at the present time haha.
hun user on clyde now
My wee (funny) story……a few years ago, new member of staff sitting chatting to me….like everyone else in the WORLD, got to know I was a Celtic Mhan within about 5 secs of meeting me …LOL……
Then he comes away with…”My dad used to tell us not to play with ‘taigs’, but I just ignored him” ……I have NO IDEA what he expected my reaction to be (was he expecting me to THANK HIM….!!)
Anyway, I stared at him for a few seconds, then let out the loudest laugh (guffaw) I have ever made…….(apart from last week’s Admin…..He He)………well, the look on his face was PRICELESS, as it gradually dawned on him what an erse he was……!!!!!!!!!!!!!!
Aye thats right, the away Celtic support is always packed to the gunnels, innit
explaining the word ‘hun’ refers literally to rangers and how is it sectarian.
Sparkleghirl
Liquidation is still very very likely, however if they should win the big tax case, content yourself with this and this is what I understand from their situation.
They still owe at least £9m to HMRC
They are overspending by £10m per year
They owe ticketus for 3/4 years season tickets
By my reckoning, they need to cut over £20m per year over the next 4 years to just survive, anyway you look at it, it’s gruel and stones for them and jelly and ice cream for us.
HH
Macjay1
And these recent revelations has nothing to do with our recently revived interest…
Forgive me for being cynical.
HH
…….all I said was that the union (shop steward) did nothing about the fact that eleven Catholics were culled(called) in one year.
The ASW as it was, was not particularly sectarian, to my knowledge; just infiltrated by Commies!
This was down to the fact that he was a craven coward and the Works Manager was a bitter hun by the name of Mc.Pherson.
( His brother was the one time song writing partner of the semi talented Phil Coulter, who, as others have done, sullied a proud, honourable name, by calling himself Bill Martin).
I am Spartihun!
hamiltontim says:
20 February, 2012 at 19:22
Are you talking about the
hamiltontim says:
20 February, 2012 at 19:22
Are you talking about the 4 Provinces in Gray’s Inn Road?
I have always been upfront with my colleagues vis-a-vis being a UFB, never had a problem…except with lapsed catholics & baptists, just my experience!
so hugh keevens said the celtic fans are a discrace for using the word hun, then a caller asks him why is the hun word bad and now he does not want to discuse it. what a joke
3pm 11th of February, one point ahead.
5pm 19th of February, seventeen points ahead.
Was there ever such a week? :-)
TIMS ON THE TUBE
Remember, 9pm, BBC 2.
You’ll see guys you know or , maybe even yourself !
lochgoilhead bhoy says:
20 February, 2012 at 19:37
‘why are they called huns?’
The truth is that no one knows.
It’s said they called us huns before we called them huns.
They then embraced the word and called themselves huns. Andy Cameron refers to himself (or at least used to call himself) a hun. You’ll have seen the Observer article I posted earlier where the journalist called himself a hun.
The campaign to have the word declared sectarian is someone playing the parity of esteem game.
It’s a nonsense.
They are huns. The word isn’t illegal. COPFS guidance is that police shouldn’t be arresting people for using the word.
ernie lynch says:
20 February, 2012 at 19:33
Ah, Mr Robin McKie. A hun of the worst order – all the easy charm to ease his career in the London media while as soon as the surface is scratched out pours the Lodge bile. Loathsome bigot that he is
They called us huns and we called them huns.
The difference is that they behaved like the original huns, thereby laying an undisputed claim to the title.
You have to bow to those who do things better that you and they certainly take the biscuit.
And one other itch I have to scratch philvisreturns….(with respect)…
Every work place law that tries to ensure people go home safely to their families after a shift at work…
Every extra payment for working anti social and additional hours.
Every meal break.
Every place to sit down and eat in a clean environment whilst in the workplace.
Every paid public and accrued holiday.
Every sick day,day off with pay for bereavements etc.
We workers were not given these things by benevolent capitalists, these were fought for and some people actually died for them..AND STILL DO!
We stand on the shoulders of giants.
HH
Lads, I’m reliably informed that tomorrow’s Daily Mail nails Whyte. It’s a truly sensational story.
Hail Hail Bhoys Ooh its good at the top :) not been on work and combo of having a new baby and while all the best has been going on lol. The orcs really are f****d haha turns out he wasn’t a billionaire with wealth off the radar. The work place is a good place to be at the minute plenty orcs with the heads down. If big frank the sparks reading hail hail to you mate and make mines a treble
Jelly And Ice Cream When Rainjurs Die
hamiltontim says:
20 February, 2012 at 19:22
Four Provinces bookshop sadly no longer in business – shut down a couple of years ago
With the knowledge that they have been financially doping for 25 years while cheating the tax man for the last 10 years, certainly puts Gordon Strachan’s achievements into perspective.
I know the football was at times turgid, but to win 3 titles in a row, without a major budget was exceptional, considering what he and his team was up against.
Árd Macha
MINTY! GORDON and VALTER SCHMIT! -where are yous?
you club needs yous-HAHA! HAHA! HAHA-HAHA-HAHA!
The football establishment in Scotland don’t understand that Celtic will flourish without rangers……I took a 12 year old ranker’s season ticket holder to a Celtic game about 8 years ago……he is now a bloomin’ Celtic fanatic, and, to cut a long story short, he said to me one day that he could not believe the difference in atmosphere at Celtic Park…”everyone was so friendly” ……and that’s the bottom line…!!
The Ghood will prevail says:
20 February, 2012 at 20:01
Lads, I’m reliably informed that tomorrow’s Daily Mail nails Whyte. It’s a truly sensational story.
————————————
Please, please let him be a Celtic fan.
That would be the funniest thing ever.
Eyes Wide Open says:
20 February, 2012 at 19:44
oglach says:
20 February, 2012 at 19:17
Suggesting Adams is culpable is totally disrespectful to the integrity of those who died.
—————————————————
I did add the caveat that i do not know if this is factual. My own background is staunchly republican and i can categorically state that this subject is openly debated along with Sinn Fein’s current policies which some moderate Republicans acedemics do not agree with. I would never attempt to denigrate the memory of the hunger strikers that was not my intention nor having re read my post does it read as doing so; it only mentions that questions exist within the reublican community regarding one individuals role.
I have many relalives and friends who are huns and I have called them that.They have never taken offence in the past or at the present.They have called me a Tim and I have never taken offence however none of them have called me a fenian (to my face) because I would take offence
67Heaven … I am Neil Lennon..!!..OUR DAY HAS COME. says:
20 February, 2012 at 20:04
Hail Hail
jhilday says:
20 February, 2012 at 19:47
Likewise… all my family were miners, goin back to the famine
Anecdotally at least, in the latter half of the 19th century the coal and ironstone mines were riven with sectarianism – exacerbated with the downward pressure on wages of a starving immigrant population. Stories handed down in my family attest to this.
By my Grandfathers time however – 1920’s to 1960’s – his view was that sectarianism was rare in the pits, life was hard enough, and there was a mutual respect amongst the men because of this. I’ve no idea whether this was true across the country, but in his locale it was
The Ghood will prevail 20.01
Thanks for passing that on. Being the Daily Mail it will have to find a way of ultimately blaming Whytey`s antics on Eastern European immigrants in order to maintain its strict editorial policy.
The ‘offensive’ word argument is pointless. If we started to call them ‘buns’ instead, they could argue that they find that offensive and demand we stop.
Sorry about the spelling of relitives