I caught an online synopsis of Rangers’ owner Craig Whyte’s recent meeting with a group of the club’s fans last night. The group report that Whyte hopes, “’Rangers Football Club Plc’ could survive any administration event but feels it would not be the end of the world if it didn’t.”
We can all agree, it sure wouldn’t be the end of the world if that particular entity didn’t survive, although I suspect Mr Whyte is alluding to the possibility of a new club emerging. Celtic Quick News first raised the liquidation scenario back in October and explained a prepack route for Rangers Newco FC. If a football company goes into liquidation a secured creditor, in Rangers case this would be Craig Whyte, can retain control of key assets, such as the stadium, but would not own a football club which was part of any league structure.
In Scotland any Newco FC would have to apply for membership of the Scottish Premier League or Scottish Football League. A simple majority of the SPL board (three votes required) would be enough to vote a club into the SPL. The board currently has representatives from Celtic, Dundee United, Motherwell and St Johnstone, as well as SPL chief exec, Neil Doncaster. It is chaired by Ralph Topping, who only votes in the event of a stalemate.
If Rangers lose their tribunal against Her Majesty’s tax authorities (think of her underequipped soldiers), Celtic will not be the only club who will consider the commercial and competitive disadvantage they suffered while paying their taxes for the last 12 years, but they may be one of the few clubs that would survive without the sponsorship and TV income dependent on a club with the Rangers brand participating in the league. Celtic would vote against allowing Rangers into the league but I can see zero chance of Dundee United, St Johnstone, Motherwell or Neil Doncaster doing the same. If the board voted Newco FC into the league, the liquidation of Rangers would not be the end of the world; a football club would die but another could quickly emerge at the same location, selling tickets to the same people.
Opening positions on what sporting cost Newco FC should face for league entry were taken months ago when it was reported that Rangers would fight “tooth and nail” against a 25 point penalty on a Newco. A 25 point penalty on the phoenix of a failed club after 12 seasons of financial benefit would be an insufferable insult. This amounts to little more than a the loss of a single league title. 12 seasons of benefit should result in a 12 seasons of penury at the insolvency-event rate of 10 points per season. Small cost for the enormous gift of a league place and a huge football franchise. The SPL must also strike from the record any financially doped titles won by clubs still in existence or not.
Can you imagine if Peter Lawwell said, “It wouldn’t be the end of the world if Celtic PLC didn’t survive”! There would be an impromptu media village outside Celtic Park that would rival the Obama inauguration in size. Huge story sitting on a plate just waiting to be written up. Or not.
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6) Eh???
7)14
I remember posting a while back concerning the standard of refereeing in this country and that my main concern was mainly the safety of the players.
After that excuse for refereeing with the tackles on Young James and Matthews not being brought to task and the subsequent injury to Kayal, I do not see any difference/change that would make me re-consider my view.
Until foreign refs are brought in or refs such as Gollum banished to Junior league football, it is still open season on anyone wearing the Hoops at a game.
Rhodes scores 5
5 now for Rhodes
TET
Agree, it’s been open season on Celtic, the deeper the Ragers plight becomes. I’ve friends in England who can see it, from ‘outside looking in’
The only thing that’s changed is the unequivocal clarity of it all.
1 Commons
2 Mulgrew
3 Joe Ledley
4 E Juarez
5 Rangers
6 Hearts
7 14
THE EXILED TIM says:
6 January, 2012 at 21:08
Woooo, this is your imagination speaking.
What do you mean by Tims? Surely we’re AFC Alloys? The Tims went defunct in 94 dontcha know?
St.John.Doyle says:
6 January, 2012 at 21:00
What kind of vote would be required to amend that article prior to the event?
I suspect that those articles may not be “As at 15 April 2010” for much longer.
QB
jtsTICks –
what are you doing on here at this time??
Jobo
CRC
Sorry missed qu 6 and 7 cos it was off the bottom of the screen, Doh!!
Didnae understand 5 and 6 :-))
St.John.Doyle says:
6 January, 2012 at 21:00
I nominate you as the w i d e b o y of page 12.
iPhone browsing now scuppered – use the link linky link
thingy please.
I’ll need to come back when the page does a Twiggy again.
Jobo, New Years resolution! :0)
hamiltontim says:
6 January, 2012 at 21:13
never mind..4 more rounds!!
HT
Just do your usual and copy and paste
Love
Answers to round 1
Ledley 3
Mulgrew
Big Dan, Scott Brown
Ljungberg
Huns (2004/05)
Clyde (2005/06)
14
CRC –
how long till Q2. Do I need to (ahem) haud it in or have I got time for a quick run upstairs?
Jobo (**whistling**)
hamilton tim
It basically means ” when were we last drawn against an SPL, as opposed to a lower division club, at 3rd round stage of Scottish Cup ( the round in which we always debut) and who was that club?”
SOAL
Can’t I’ve left the sellotape and blu tac at work :-)
celticrollercoaster says Hail Hail to Kano1000 says:
6 January, 2012 at 21:15
hamiltontim says:
6 January, 2012 at 21
Think you got more points than me and I did see the last 2 questions!!
Scores after round 1
ßjmac ♥ Kano 1000 °¿° 6
jtsTICks 6
Jobo Baldie 4
setting free the bears 3
The Spirit of Arthur Lee 3
kelvinbhoy 1
hamiltontim 0
CRC
Can we play til midnight?
Jobo is the downstairs out of order?
SSN
Rangers are interested in offering a pay as you play contract to Jordan Rhodes.
Jobo Baldie says:
6 January, 2012 at 21:17
3 mins break
In a similar vein to the Lisbon Lions fact I notice that almost 50% of the total contestants this evening live within a 1 mile radius of Chez Baldie…
Jobo
I take it its a number 2 for Jobo then…………………
jtsTICks –
for this particular emergency it is….
Jobo
dirtymac
Sorry bout that, I forgot Celtic went bust in 1994, it won’t happen again :>)
Jobo
Stop gassing, you should be upstairs by now
CRC
CRC
Are you sure?
I would like to congratulate ‘The Green Brigade’ ,
for greatly improving the atmosphere in our stadium for our great club and for doing so without reference to (P)IRA chanting. I would like to suggest the followinggreat Irish anthem as an addition for their repetoire ‘A Nation Once Again’ – The Dubliners’ version would be good for some practice.
It is good for us to be here!
Most of the ragers fans I know do not seem to bothered about the situation ,in fact all they seem to bleat about is who they are going to buy .
Now I know the MSM have led them a merry dance for years but there is something about the way they
seem to take for granted that they will shaft the taxman and carry on as before ,now they have either 1.become institutionalised to Minty’s spin or
2.they know something .
my head tells me it is the former but my bloody heart tells me it may be the latter .
Let’s face it no ones that thick and how many on here are sure they will get what’s coming to them
Round 2: C’mon you bhoy in green! Focus on The Lord of the Wing, Jinky Johnstone
(2pts per correct answer if you are first to answer correctly, 1pt if you answer correctly but not first. One submission only per round)
1 I made by debut against (clue: current SPL team)?
2 I played my last game for Celtic against (clue: current SPL team)?
3 I played for 5 teams after leaving Celtic. Can you name them (Clue: 1 American, 1 lower English, 2 lower Scottish, 1 Irish)?
4 My testimonial game was against (no more clues!!)?
5 I gained how many full International caps for Scotland (13,23, 33 or 43)?
Square Slice says:
6 January, 2012 at 21:14
****************************
Sorry I thought as I was C&P an existing post I would not need it, I hate it myself when the page is distorted, silly me
Joby Baldie!
celticrollercoaster says Hail Hail to Kano1000 says:
6 January, 2012 at 21:19
Jobo Baldie says:
6 January, 2012 at 21:17
3 mins break
………………
Can I appeal that decision?
Is there a fast track procedure?
Shieldmuir Celtic says:
6 January, 2012 at 21:21
I believe it’s one they’re in the process of learning