Rangers administrators, Duff and Phelps, were as recently as yesterday briefing media that they hoped to conclude the sale of Rangers before the end of the season – which is their game against St Johnstone on Sunday.
Late Friday morning this seems unlikely but it is an important deadline. If Rangers morph into a Newco and are given permission by the SFA and SPL to take the field against St Johnstone on Sunday, any player who participates will have transferred his employment to Newco. Newco would then be able to retain his services for the length of his Rangers contract or would be able to sell him to fund a trading shortfall.
If a Newco is formed after Sunday, players have two months to decide if they want to join the company or remain Rangers employees until redundancy or until Rangers fail to pay wages.
You can buy a hard copy of the new issue of CQN Magazine via Magcloud here.
The graphic below is just for a flick through, to read the magazine go here to it’s dedicated site.
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Sleek it 1st
And 2nd?
The joint is jumping..
CFC
Hat trick?
Podium
top ten
I also read the article first:)
FTSFA
Hail Hail
Top 10?
So whats the chances of white smoke being seen over ibrokes way today?
IMO,any team which does NOT represent the current holders of the licence should not be allowed to take to the field on Sunday unless the transfer of that licence is ratified by a meeting of all the clubs.
They won’t have time for that.
So if a NEWCOFC play on Sunday,that means Rangers are relegated with ZERO points,as they will have their record expunged for failing to fulfil their fixtures.
Which will do for me!
Che on 11 May, 2012 at 11:11 said:
Blue Knight Lunch
Meet at 12.30
deadline of 12.15 to be seated
anyone attending after this time will not be part of the process
Payment to be made in full prior to ordering.
Child places are not available
For the benefit of Mr MCoist, it should be noted that it is 1 starter 1 main course and 1 dessert each
=====================================================
Mr McCoist has accepted (reluctantly) the above ruling, however he has asked if jelly AND ice cream counts as one dessert or two.
Che on 11 May, 2012 at 11:26 said:
“So whats the chances of white smoke being seen over ibrokes way today?”
Do you mean an insurance job?
Paul67,
Who do they need to inform over a Newco? SFA?
And therefore, when is the deadline? SFA office hours, 5pm tonight?
Interesting stuff Paul67
Very interesting indeed
Hail Hail
The double contract scandal will sink Rangers in any form. There can be no punishment other than expulsion from the SFA and consequent oblivion.
Che – there will be white smoke today, this will only start Due Dilligence though. That went well for them last time if I remember correctly.
I see the SFA have now tweaked the rules to allow Rangers to select who is on the Appeals Panel (they can now protest to someone who is chosen if the are not of the correct persuasion) and have them named.
The SFA cannot even enforce the rules that all clubs have agreed on last year for anonymity for the appeals panel. Smacks to me of cowardice and incompetency.
Bhodran Man on 10 May, 2012 at 19:08 said:
If Paul67 was as good as reported on Cqn then perhaps we should give him a new name.
The VOICE of Celtic
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Hear, Hear M8.
Paul 67, you were Superb last night on Radio Hun.
A Peerless Credit to Timdom and, a Leader of ‘Our’ Future.
God Bless
Hail Hail
You mean White smoke and mirrors over Ibrokes today?
enmac, a bampot stands shoulder to shoulder with Neil Lennon on 11 May, 2012 at 11:20 said:
wow!
read from the bottom up
Alasdair Lamont @BBCAlLamont
“Tribunal was in no doubt that Craig Whyte, together with a number of business associates, had engaged in scandalous business activities.”
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“the Tribunal considered whether it should terminate Rangers FC membership of the Scottish FA and concluded that punishment was too severe.”
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… was entirely wrong and illegitimate but they chose to do nothing to bring it to the attention of the public.”
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“whatever their position a number of individual directors and employees must have known that what was happening within Rangers FC…
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Panel felt offences were so serious that “only match fixing might be a more serious breach.” More soon at http://bbc.in/zAIp4d
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..to the parties in advance of the Tribunal. There was no objection raised by any party to any of the members.”
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Note of reasons (lengthy) also published. A few things jump out: “The identities of the members of the (original) Tribunal were disclosed..
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SFA “It is essential that these panel members are allowed to conduct the appeal without fear of intimidation.”
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SFA say decision to name panel “taken with approval of individuals involved and after consultation with the relevant police authorities”.
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Rangers’ SFA appeal to be heard on Wednesday. Panel named as Rt Honourable Lord Carloway (Chair), Craig Graham, Allan Cowan
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Re-post of the twitter frenzy from the huns in the schiiiiiiiiiiiiisssse
Newco, schmewco.
When’s the cremation?
BMCUWP
Even more interesting
Hail Hail
So … Rangers knew the Panel members before it even started. That means either no one told Sally and he is a clown for not finding out. Or he knew all along and is a lying clown.
Also the reason for the almost maximum sanction becomes clear. They were leaving that for the next investigation.
Andy Coyle @STV_Andy
Punishing Rangers for actions of CW based on precedent in legal case involving Tesco in 1972. Company liable for behaviour of director.
Celtic should insist on declarations of Masonic membership by members of disciplinary panels or SFA decision makers.
I think I see what’s going on with Glasgow’s Lord Provost saying he’ll be revisiting the council’s consideration of all things marches …
Since those of an Orc persuasion apparently don’t do walking away, they should at least be allowed to continue to walk around Glasgow, at least until such time as they find another activity to pursue of a Saturday afternoon.
Remember, too, the still flourishing cottage industries which revolve around ‘servicing’ of these colourful pageants, viz. the slip-on and white sock industries, not to mention bowler hat makers, white glove makers and owners of countless corner shops who traditionally dispense copious quantities of beverages to slake the thirst of the marchers and their assorted hangers on.
What’s not to like … ?
FF
Lennonist on 11 May, 2012 at 11:29 said:
“The double contract scandal will sink Rangers in any form. There can be no punishment other than expulsion from the SFA and consequent oblivion.”
In an open transparent and clean league you would think so but none of that applies to our game.
Expecting hefty sanctions to be enforced on Newco? Unfortunately I wouldn’t bank on it?
Big Nan on 11 May, 2012 at 11:32 said:
Celtic should insist on declarations of Masonic membership by members of disciplinary panels or SFA decision makers.
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That’s a Brilliant point m8.
Well said.
Hail Hail
Is the SFA judicial panel’s statement of reasons available online?
In your best Ted Lowe snooker commentators voice..
“and in the boardroom of ibrokes the gunslingers nervously eye each other, who will blink first…who will admit the cva is just another ruse….who has taken the last after eight? mcmoisty appears to be fidgeting under the table, is he swopping the brown brogues for running shoes? no hes unwrapping his 6th yum yum of the day..and here we are ladies and gentlemen at the ibrokes crucible where thems are barely live…..down london way, home of the latest preferred bidders jim white paces the ssn room waiting on the news..is it…can it..will it…the news filters through from ibrokes, its over, its finished there are no more biscuits…the biscuit tin is empty
Hector chuckles in the background as he dances a merry jig with the wee wummin thats owed £40 for the face painting”
Im away to take my pills.
Afternoon bhoys, warm on the hun free mountain range.
BobbyM
You are indeed correct, if newco take the field on sunday, old co will not have fullfilled their fixtures.
Interesting few days ahead.
CirenBhoy, they need the SFA and SPL to move heaven and earth over the weekend. They would, if possible, however, I don’t see it happening.
Awe Naw, aye, an interesting few days ahead.
KevJungle, many thanks.
Che
You had me going there, till you lost it with: “Hector chuckles in the background as he dances a merry jig with the wee wummin thats owed £40 for the face painting”
:-)
re SFA appeals panel
Lord Carloway ..well known , respected learned judge
others ?
Difficult to see how an appeal would be successful given those findings. They should have hoofed them out.