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
- »
philvisreturns on 30 April, 2012 at 12:49 said:
Brilliant. LOL
Sorry – i wrote ‘Whitburn’ with a W. I know it should really be spelt with an S.
Spent the first ten years of my life in a small conurbation called Blackburn in West Loathian. Moved to Glasgow and aint looked back.
Sectarian hole.
A guy in Harthill named his two Rotweillers Fenian and Scum . He liked to call them in from his garden frequently
Philvis – thought the Indian was Delhi’s Walls?
Used to get sent to Whit?Burn Gala Day and thought the bands were great.
Parents can be cruel.
Fin75 on 30 April, 2012 at 12:53 said:
I’m probably a good bit older than you Mate, that was the Super Seventies!!
My old Dear still lives down in Low Quarry Street…
She goes to St Mary’s but we went to St Annes school when we moved to Hamilton as most of our family lived in Eddlewood.
Super Ally holds it together for the loyal fans.
3 mins onwards if you dont want to listen to the whole thing.
quivering lips, and a trembling voice (well chick and ally actually).
http://www.bbc.co.uk/sport/0/scotland/17888310
starry plough on 30 April, 2012 at 12:57 said
My older brothers and sister all went to St Annes too (70’s), you’ll probably know at least one of them.
Also have family living in Eddlewood – my 2 uncles used to work in The Auld House.
Fin75 on 30 April, 2012 at 12:41 said:
You didn’t happen to notice if the Deer Park nroundabout still had a tricolour planted in the middle of it did you?
Soooo Sally can wait
He knows its to late
to go walking on bye bye
MMMm new article being penned…..
passing the coffin when Rangers die
http://www.youtube.com/watch?v=plPr1FM5NKY&feature=related
gorbalstam on 30 April, 2012 at 13:00 said:
Never made it to the office today – will give you an update at 7am tomorrow.
I met a traveller from an antique land
Who said: “Two vast and trunkless legs of stone
Stand in the desert. Near them on the sand,
Half sunk, a shattered visage lies, whose frown
And wrinkled lip and sneer of cold command
Tell that its sculptor well those passions read
Which yet survive, stamped on these lifeless things,
The hand that mocked them and the heart that fed.
And on the pedestal these words appear:
`My name is Ozymandias, King of Kings:
Look on my works, ye mighty, and despair!’
Nothing beside remains. Round the decay
Of that colossal wreck, boundless and bare,
The lone and level sands stretch far away”.
From STAR of the SEA by the talented word-smith, Joseph O`Connor.
………….(it) will bind itself together not by what it shares but ultimately by what it fears, which is often much greater. Perhaps it abhors the outsider as camouflage for its own alarms; dreading what it would do to itself were the binding to fall asunder……….
Struck a chord with me anyway!
Regards & Hail Hail
TBM
Song for next season ‘Are you Rangers in disguise?’
Fin75 on 30 April, 2012 at 13:00 said:
The last time I was in the Auld House Rangers got knocked out of Europe and on the way down the road there was a hun top lying in the middle of the street funny as feck!!
My cousins were involved in the Barley Bree for years I am not sure if they still are.
TC would be the boy in question..
Great day yesterday, joined by both my bhoys, played rfcia off the park with a gifted display and some good tactical decisions from Neil. Thought we looked really mature in our attitude on and off the pitch and glad that Charlie took time to remonstrate with ‘elbows mcculloch’ when the game finished. On that subject there’s a need to continually watch refereeing standards and yesterday was no exception.
SPL folk only work half days …….adjourned and no explanation. I take it that someone came to the meeting with brand new news……..half the rankers team want to join Celtic !!!
HH
Just in case Motherwell decide to attack them at any point in Stuart McCalls (manage of the year, my arse) management lets make sure there will be a least 1 red card and a penalty.
The collusion continues with the referee appointments.
Saturday May 5
Rangers v Motherwell – Willie Collum
starry plough on 30 April, 2012 at 13:09 said:
Auld Hoose was a great pub – not sure what it’s like now as I haven’t been in it for years.
Our supporters bus left from the Wee Dram – Paul C used to get on it.
.
Video on YouTube of them Smashing the Toilets yesterday with Police standing Watching..ffs..
Summa
Lads i was raging at the game yesterday.
Walking over to the stadium and the police was searching a guy i know and his wee bhoy was crying.
You then look at that video with them scumbags and the police walk in and out and not 1 arrest.
Told you this morning it was Bartley who had complained.
Rangers have complained to police after defender Kyle Bartley was racially abused on social networking site Twitter.
cardiffbhoy – philvis, if the huns were to start on their world tour, would they perhaps play under the name , “the hateful globetrotters” ?
Better than being The Blue Meanies or The Artists Formerly Known As Skint. (thumbsup)
starry plough , sixtwo – I know! Philvis brings the funny. (thumbsup)
tomthelennytim – Philvis – thought the Indian was Delhi’s Walls?
:)
Now I’m hungry for curry. (thumbsup)
hen1rik
Re your video, must say I was really impressed.
It takes a particular multi-tasking talent, not to mention a curious attitude to risk, to clap one’s hands vigorously while having a pee standing up in a crowded toilet.
Son of Warsaw……. a brilliant sketch from Leonard rossiter…I now know where sandy jardine got his antics from…… If anybody hasn’t seen this video, please check it out…. he posted at the back of 10.15am…… Brilliant Hail Hail.
One key moment for me yesterday was Charlie taking Elbows to task at full time. No histrionics or agression, just clearly make his opinion known to McCulloch and sending out the message that this team won’t be bullied.
Thought McCulloch’s reaction was telling, he looked almost sheepish. Like most bullies when confronted, he wasn’t sure what to do.
Philvis
Taj took over from Shish Myfatherlahore
ASonOfDan – Rangers have complained to police after defender Kyle Bartley was found to be impersonating a professional football player. (thumbsup)
I stated this morning it was Bartley who had made the complaint.
Turns out it was done on Twitter last night. Funny how the MSM tried to make out it was linked to Celtic…
TheBarcaMole on 30 April, 2012 at 13:03 said:
From STAR of the SEA by the talented word-smith, Joseph O`Connor.
—————————–
Barca, I just read Cathedral of the Sea, have you read this, brilliant stuff.
P67
CFC first game 5-2 v RFC – 28 May 1888
RFC last game 0-3 v CFC – 29 April 2012
How appropriate
Let it happen before Wednesday
hhplc
Will be in Penrith for next six months, are there any Celtic friendly pubs there or even a supporters club in town?
The Battered Bunnet on 30 April, 2012 at 13:21 said:
Agreed matey, Beyond the Waves posted it on twitter and he sen’t it to Alex Thomson.
Fin75 on 30 April, 2012 at 13:18 said:
I wouldn’t know where to go in Hamilton now been away 30 years!!
My sister goes to the Butterburn, I always hated that place..
Her ex drinks in the Tap room never fancied it much either..
I usually head to Partick when I’m home, that’s my auld stomping ground.
Paul C would have been smiling yesterday for sure.
Thai Tims just outside City Chambers just now, having a wee dance as they are all going on to their bus. :)))
Sorry guys, phone playing up and did not realise original comment had went.
Bartley has been one of the worst rangers players ever. Just a gangsta wannabe with very little talent.