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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!!Bada Bing!! Kano 1000 says:
20 February, 2012 at 21:44
Anyone know any sites for cheap(er) tickets for Broadway shows? ta.
————–
but seriuosly,
when BFDJ is in NYC he uses TicketBus
MadMitch says:
20 February, 2012 at 21:47
Really interesting post
Why did they turn out different?
IMO, the political dynamics on both countries were completely different. Sectarianism was institutionalised in NI to an extent far in excess of the “clubbish” sectarianism in Scotland. NI was formed – artificially and undemocratically – as a result of a war, with a clear purpose of installing one political/pseudo-religious class above another. The sectarianism was overt, clear, and had a clear objective of political control.
In Scotland, its nature was different – it was covert, subversive; jobs for the boys etc. Scotland never had the political class because it was part of a much larger entity. In addition, your point re unions and the labour movement are pertinent. The need for social reform was a priority far ahead of the religious divide for most of the working class – I would argue. Thats not to argue that sectarianism wasn’t an issue, we all know it was, and is.
Eyes Wide Open
maybe at the next election , we should have a Jelly and Ice Cream Party candidate ?
there are a few eloquent , elegant candidates I can think of
Sanna
celticghirlanew says:
Haha excellent! We are indeed playing some stunning stuff at the moment, I mean who wouldn’t like it?!?!?
Hail Hail!
He’s back to Sue Barker
When Rangers die
Plastered Sunday and Monday
SmashingMilkBottles says:
20 February, 2012 at 22:06
hahahahahahahahahahahahahaha
take 3 times a day
Always good to hear stories of people finding the light and becoming Celtic supporters.
I have heard many stories over the years, guys going to jail supporters of the dark side emerging as Celtic supporters and the like.
I have yet to hear of the story reversed, tells a story does that.
Patrick27
Can’t believe what was happening up front with Stokes and Hooper……
Can’t believe as a previous “non football” person, I even know who they are!!!!
Total turnaround for me….. Lovin’ the hoops now
HH :-) x
celticghirlanew
Welcome to the family.
You’re goin to love this journey
celticghirlanew says:
20 February, 2012 at 22:09
you a hunney ?
sannabhoy,ibhoy,kickinthenakas,saint stivs(i think) -ta bhoys
Awwww…. ghuys!!
Thank you!
This is going to be some journey!!
Hey – if it continues, can I change my name to Shamrock, and be Celitc’s lucky charm??…..
Or is that more down to Lenny and the team? LOL
HH
THATCHER THATCHER THE MILK SNATCHER
Until we meet again…
Keep the Faith!
Hail Hail!
celticghirlanew says:
Yes indeed, Hoops and Stokes were a joy to watch at the weekend, albeit against a shockingly poor Hibernian defence!
And ‘non-football’ person?!?! Hunbelievable! Can’t imagine my life without football, and indeed without Celtic.
HH
P27
The Exiled Tim,
There is one person I can think of who journeyed from light to darkness – Sean Connery. Nuff said.
saint stivs-lol,hope that clown is hurtin’bad.
sanna
Tut!Tut!Tut!
What age are you again? :-))))) ya ole p…
MWD
ibhoy-Whats rough price of a show ticket mate? HH.
Aw_Naw
You know them well!
The Exiled Tim
Funny that eh? Guess there’s just good ghuys and bad guys.
Bada Bing , if you have time , try to get in touch with pjbhoynyc . He welcomed me into the parlour csc (off braodway and 86th) when i was over . ICT away (19th november last year ) – can’t remember the exact result but i know it was nil-something to us since no-one has scored against us in their win pit since the Mothers on 6th November (925 mins of away footie – who’s like us?)
Sanna
Evening bhoys & ghirls
Hope we are all well, n not too much jelly & ice cream :p
Smashing Milk Bottles hope your better soon, to much conga by sounds of it ;)
HH
JimmyQuinnsbits@ 22:03
Hear ye…but one big hole in that…
Thems in NI came from Scotland..transplanted there by the first ethnic cleanser of the “British” Isles
Oliver Cromwell…tis a fact…again
And if..ye know..yer history!
No tweets or rumours tonight? This is like the morning after the big party. Folk are sobering up and chuckling at the night before. Meanwhile the subject of all the laughs at the party is away re writing history.
Celtic cheated the tax man, financially doped and lots of important Gers agree with me so says a guy on Radio Clyde. Hahahahaha. Robert Kelly came home from South America with a suitcase full of cash! Don’t say anymore Bill Leckie will be writing this down.
Rangers didnt cheat the tax man or break the law, they got duff advice from an accountancy expert. Oh well ok then theres your ten points back and we shall step in the tardess and go back to times of yore when thon ice cream and jelly wasn’t sectarian.
Camdenhoop
Aye, forgot about him, but he was a kid on Tim at best :>)
Nothing … @ 21.10
My thoughts are that Maggie was only interested in the money.
JN butchered the navy and this did not go UN-noticed in Argentina.
They had tried twice in the late 70’s to stoke up the pressure.
One attempt was stopped when the Spanish Navy was given the rumour that JC had sent a nuclear powered sub to the South Atlantic. Chinese whispers, he passed on the story that nuclear armed sub was sitting in the River Plate with orders to start pressing buttons if the islands were attacked.
Things calmed down after that.
No matter what her fans say, Maggie lost the Falklnds.
It was the Navy and the posh non NATO parts of the Army that won them back.
EDB
;-)
HH
Gents
Re Thatcher;
I read a very enlightening piece the other day. It contradicted my previous, and apparently commonly held, belief that Thatcher was keen on taking back the Falklands for reasons of re election on a tide of jingoistic triumphalism.
Apparently it was not quite as clever as that, but no less disgraceful. It was stated that just before the invasion, the British had almost completed a deal for “leasing” back the islands to Argentina. Frankly, the issue was a minor one and nobody gave a monkeys one way or another. 99% of the population had never heard of the place.
A major ball dropping episode then ensued. Govt was wrapped up in numerous Thatcher induced domestic issues. One of which was massive cuts in defence spending.
The Argentinian regime spotted an opportunity to take the islands permanently. They invaded.
At this point, because of Thatcher’s weakening of the defence buget, there were only 2 choices. Resign or go to war. So, not a calculated attempt to win votes but a calculated attempt to salvage her political career.
Basically, she took Britain to war, to fight over some insignificant islands they were about to give away anyway, in order to save her neck.
Just a fabulous reason for all those young men to die.
Maggie. Wasn’t she just super. How could all you ingrates (Philvis aside) fail to appreciate her magnificence.
I considered it was an interesting perspective. Just thought I’d share.
Cheers
Yogi
patrick27
Their defence might have stopped lesser mortals!!!
MWD ,
so it meets with your approval ?
yer jist jealous i got in first .
Thank you Yogi
HH
bunburybhoy says:
20 February, 2012 at 22:16
aye, ah know… mostly from the borders
but it was started before Cromwell, under James VI (I of England)
Camdenhoop
Dr. No – quite good
Never Say Never Again – pash
Case rested?
sannabhoy- Cheers been in the Parlour a few times mate,heading over Paddys Day, hopefully see the first leg of the treble in there.Never been to a show and thought id treat Mrs Bing.
sannabhoy
I’m now officially a ‘tic!!! :-) And happy with that, my wee friend!
As for being a hunny? Right word, wrong spelling!
“Honey” is fine by me…
Hunny???
Hmmmmmmm.. not me!!
:-) x
Just saw this tweet on CU
In tomorrow’s Scottish Daily Mail. The story that will bury #Rangers owner Craig Whyte. And much more. No cluses. Night night
SffS
Smashing Milk Bottles
Sorry to hear of your troubles, bruv didny fall on you did he :>)
TwinkletoesCSC