Today the Scottish Premier League will vote on proposals to allow a Newco to parachute straight into the top league in the country if an existing SPL club goes into liquidation. Fans from 11 of the 12 clubs have overwhelmingly opposed the idea. Rangers fans are split, some would prefer a Newco to apply to the Scottish Football League, others think a Newco should be allowed into the SPL without penalty.
Long before this vote was a glint in the eye of the SPL, it was first discussed on Celtic Quick News. Last October we raised the alarm that Rangers were undertaking an enormous charade. They were preparing to liquidate in order to avoid the consequences of failing to pay their taxes for over a decade.
We also predicted they would present the SPL with a fait accompli – vote us ‘back’ or suffer our scorched earth policy, as we take the rest of you down. For what it’s worth, I also predicted the league would capitulate and Celtic would stand alone in opposition.
10 of the 12 SPL clubs bank with Lloyds Banking Group (Celtic and Hearts excluded). For months I have suggested that LBG could threaten to withdraw overdraft facilities if clubs voted against the revenue Rangers bring but this is not the case. Clubs have a free vote, there is no banking overlord conspiring against democratic wishes, LBG, like the SFA Judicial Panel, have played this with a straight bat.
Right now, I have no idea how the vote will go. The proposal to establish procedures to allow a phoenix club straight into the league could be passed or rejected. If they are rejected, it may be because a majority would rather Newco was back without penalties, or it may be because clubs have listened to their fans and taken a stand.
If the vote goes against Rangers I expect we will see a rapid move to liquidate. If it goes in their favour (and by that I mean a parachute, with penalties, is invented for them), liquidation becomes a more attractive prospect, if not, actually, attractive.
They would still have to overcome potential challenges from creditors, security of Craig Whyte over Ibrox, and, of course, the many penalties that Newco would inherit along with the gift of Rangers SPL share. For now, this means last week’s SFA ban on signing players, but the alleged improper registration of players matter is coming over the hill soon, and the penalties for that… wow!
As I said, I have no idea which way the vote will go. Rangers are finished and it would genuinely be best for them if someone put them out of their misery and allowed them to start the recovery process, but in the light of the intimidation of Raith Rovers last week, it remains to be seen if the other SPL clubs are up to the task.
Most of us called last week’s SFA punishment wrong, what do you think will happen today?
Huge day. Huge, huge, day.
327 Comments- Pages:
- «
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- »
Estadio
Tell Fiona and Isobel they missed a great night out last Saturday at the Saffron Lounge!
From Ton Che Dan:
Lyndsey’s waters have broken.She has gone full term.
He asked you to keep her in your prayers.
Got to go as I’m at my desk, will look in at lunchtime.
Keep the Faith!
Hail Hail!
If I was a betting a man (which I am) I’d say the vote will be passed to allow them to parachute back in but without the real punishment which is the loss of 75% of revenues.
Ally Mccoist looks like his waters might break at any minute.
So is a parachuted newco looking more likely or is this my post-euphoria depression?
Greenjedi
I will pass on your wise words.
When I got back from the game yesterday Fiona laid on pies and sandwiches. There must have been something in them because I didn’t half get battered!
Hail hail
Estadio
Fin75
What area is that, don’t know the street?
Fin75 on 30 April, 2012 at 10:47 said:
>>>
Frankenstein science for the zombie club! HH!
Estadio….?
Is that you in ma kitchen?
DJBEE
You eat Pender’s square as well…..A kindred spirit!
Hail Hail
Estadio
Please God all will be well for Ton Che Dan and his Mrs.
Who would win a fight between the Sword of Damocles and the Curling Tongs of Mo?
I just had a wonderful thought, wouldn’t it be “just” if RFCia won their claim against Collyer & Bristow who were told to cough up 25M in damages
only for C&B to fall into Administration?
Not likely to happen but it would certainly make me laugh (more).
Paul67
Is the SPL vote the deciding factor?
As I understand it a Newco parachuted into the SPL would, because it is an SPL club, be subject to UEFA licensing criteria for a license to play IN THE SPL.
How a Newco meet the criteria having no business history to justify a licence or, if they use Oldco history, too many violations, I do not know, unless a case for an exception is made to UEFA, presumably by the SFA, perhaps at behest of the SPL.
If a license cannot be granted how can a Newco play football without one?
Either a license is a playing condition of Scottish football or it is not and the way MSM has ignored the issue would suggest it was not, focussing on membership (which is within SFA/SPL control) as they have.
On the other hand club licensing might be the dinosoaur killer and the MSM just want to keep the news from the dinosoaurs that an ebt (extra terrestial ballistic turd) of another dimension is heading for Ibrox
Paul 67,
is there any chance of a ‘third way’ in the SPL vote i.e. something along the lines of a delay by telling Doncaster to go back and review/amend his proposals?
My feeling is that is tthat with he Big Tax Case and, more importantly in this case, the player registration findings still to be reported, any vote is actually premature?
Every other body has sought delay to avoid being the party that delivers the final blow . Is there wriggle room for the SPL to join the long queue of procrastinaters waiting for Hector to come over the hill?
Paul
Unfortunately I think today will be the day self preservation of some Clubs will out muscle the need to “maintain” sporting integrity.
I cant for a minute imagine the required quota will be reached.
Newco straight into the SPL with the penalties.
Rightly or wrongly (and we have our take on this) the Clubs will decide whats best for them, itll then be sold to the wider audience as a democratic decision taken by the Member Clubs all using their free vote, so “lets move forward and ensure this never happens again”
The creditors can eat cake, but only if they can afford it after being cheated out of monies due.
I never mentioned it before but the 25th of March was actually my 40th Birthday and boy was I sick that day after the result at Ibrox.
However I feel about ten years younger after yesterdays performance and my little boy jumping into my arms when Mulgrew stuck that header in the net.
I do love the derby games but if my son never sees another one then Rangers only have themselves to blame, no amount of bleating and pleading should absolve them of their crimes. The other SPL clubs and the SFA have a real choice to make here and it isn’t a financial one no matter what Ally McCoist says.
They can either kill the league and Scottish Football by voting for a Newco back into the SPL or they can vote for rebirth and regeneration by going down the route of Football integrity.
It really is that simple.
My guess is the points penalty will be ratified but the financial one will be a close call.
2 strands of thought here, several clubs on the brink just now as it is but all the others will see the chance of a getting a larger slice of money should somebody else fail. Hard one to call in my opinion. Will be a close vote.
Signed,
the Gatcerasher.
Sannabhoy and Paul67 will understand that one :)
I have just sent a new proposal to the SFA, one that I thought was obvious and that they may have overlooked. It is a bit long winded so I will understand if anyone wants to scroll through.
Dear SFA
Let the feckin cheating scum die.
Best Regards
DJBEE
Press conference called at Hampden…..
Still on a high from yesterday but read this article which is sobering
Worrying if possible
Had a prosepctive candidate at the door last night for local council elections,
I wasnt long in from the game so a level of hilarity was still evident in half of the household.
It. Can we count on your vote Mr XXX?
Me. Where do you stand on Tax avoidance?
It. Err why?
Me. Its a reasonable question isnt it?
It. Of course, of course but its not one that weve heard on the doorsteps to be honest.
Pause
Me. Well?
It. Err well what?
Me. Whats your stance on non payment of taxes including PAYE?
It. Well it has to be dealt with using every available means. (good answer he thinks)
Me. So every penny should be recouped from any individuals or organisations?
It. Of course its public money
Me. is that the Party line?
It. err why?
Me. Can I ask here isnt it your job to answer the questions rather than ask why im asking questions? Is it the party line or not?
It. Yes it is indeed.
Me. So why is the Honourable Member for this part of the best wee country in the world writing to Hector asking for consideration to be given to Glasgow Rangers (IA)?
It. Who is Hector?
Me. HMRC
It. Err well thats a personal matter for him its not Party Policy to get involved in such matters.
Me. Its on Party headed paper so it cant be personal can it?
It. Well no but he did write it on his own behalf, not on behalf of the party
Me. So thats a misuse of puiblic funds then?
It. Wheres this going Mr XXXX?
Me. Nowhere really going by your answers
It. Well maybe we should leave it then.
Me. If you wish.
It. So to get back to my original question…
Me. Are you specially trained in this?
It. No not really.
Me. It shows
At this point Im thinking act of clemency or not…..
Nah
Me. Tell you what ill do with you, next time your in the area, bring the dishonourable member with you and well go over this again,
It. Hah that was a Freudian slip!
Me. No it wasnt, that was an intentional use of Mrs Windsors language.
It. Your being pedantic now, ill put you down for undecided
Off it toddled
Im looking forward to the Polling Station, this could be hysterical
Lads sorry is already posted but this is a must read.
Fritz A. Grandold @fritzagrandold
FavoritedFavorite · Close Open Details Worrying post from @Paulmcc12 http://scotslawthoughts.wordpress.com/2012/04/30/rangers-great-escape-the-bill-miller-plan-or-speculation-based-on-a-careless-word/ Keep eyes open to all eventualities!
Soz on 30 April, 2012 at 11:42 said:
Sorry matey just logged in to twitter and CQN and noticed you posted the same article.
As usual,along with Paul67,RTC hits the nail!
http://rangerstaxcase.wordpress.com/
Good morning from an overcast El Medino on Tenerife, nice wee toon, not found the Irish bar yet :0)
Anyroadup, was thinking the change to the voting system was the biggest issue today. Pointless having another couple of clubs voting them down if it takes a min of four clubs, innit geezias
Who actually put forward the proposals.
Árd Macha
Lads i hope i am wrong but after reading that Paul Mc article he could be on the money.
Regarding the 2 contracts, something stinks and i honestly feel that they will be liquidated before this and then there will be no need to investigate it, someone please tell me I’m wrong.
Phil MacGiollaBhain @Pmacgiollabhain Reply Retweet Favorite · Open
If you are in the vicinty of RFC chaps today give them your pity. They simply have no idea what is about to happen to their world. No idea.
Tweet tweet went the big house birdie..
.
All the Very Best to Ton Che Dan and Lyndsay..Look forward to Hearing of the New Arrival..
You Missed a Great day Yesterday Daniel but will have a Better one today..
God Bless..
001Bhoy
Paradise, the next phase :
As I approach my 45th year of going to Celtic games, I have found over the years I take more and more interest in the stadium developments and the works around the East End.
Going to matches all these years I love not only football, but venues as well.
As a kid going to a new park and ticking it off the list of places visited was allways 2nd to just seeing the Celtic win.
I also then moved onto reading the works of Simon Inglis in Football Grounds of Great Britain, then Europe.
Two wonderful books .
So my point is this, going to yesterdays match, the new road now open, the velodrome across the street, and overall access improved, Celtic Park is looking beautiful and the triangle development will see it improve again.
I was early up yesterday for a change, and that hour or so of wandering about looking at our home was great.
I dont envy any Celtic fan living abroad and missing going to the games. But on returning to Paradise what it must be like to see all the changes must be wonderful.
A wee highlight, and I am sure its been done by some of our own in the GCC.
————————————————————————————————–
Moonbeams WD. Kano \o/ Neil Celtic FC. We are the Champions. Ignore the WARTS. on 29 April, 2012 at 21:18 said:
ST STIVS. Any idea how to get to Celtic Park.
MWD
—————————————————————————————————–
that wee sign post will become a must see photograph opportunity for all visitors to Celtic Park.
The chance to do one of those “holding Celtic Park in my hands” picture will become a must have.
I wish we could locate the Football Cobblestones and move them to celtic park as part of the triangle development.
Frere Jacques, Frere Jacques,
Dormez-vous? Dormez-vous?
Sonnez les matines, sonnez les matines
Ding dang dong, ding dang dong.
Does anybody think that any person in a position of influence at Celtic Park was left in any doubt yesterday about the relevance of the concept of “Old Firm” to the Celtic family yesterday ?
Hail HAil
Soz. Aye right Paul Newman indeed
Only problem with that there is a good chance our hero craigo has moved the assets and would demand money for those assets
starry plough on 30 April, 2012 at 11:48 said:
Starry why is it i always have this bad feeling in my gut when it comes to them and the SPL/SFA
Sydney Tim
Craig Whyte cannot demand any money for his shares until his dispute with Andrew Ellis over 25% of those shares has been resolved.
HAil HAil
You’d have thought PhilMac would have learned about his sources, is this the third week he’s made that statement ?
HH Not sure if y’all have seen this article on the e-tims website but I phished masel laughing at this one! http://www.etims.net/index.php?option=com_content&task=view&id=3608&Itemid=2