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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SFTB
Next questions from CRC are on Testimonials.
kelvinbhoy says:
6 January, 2012 at 21:59
Statistics say I would have been at all of them….that means nout, as my answers demonstrate :-)
Jordan Rhodes…super super player and barring injury a stick on to be Scotlands no1. striker for years to come.
Scores most of his goals by beating defenders to the cross at the near post. I’ve no idea what he is like against packed 10 man defences as league 1 is just not like that.
1) Artur Boruc Fiorentina
2) Maciej Zurawski Larissa
3) Shunsuke Nakamura- Yokohama Mariners
4) Craig Beattie- Crystal Palace
5) Mo Camara- Port Vale
6) Stephen Crainey
7) Marc Crosas – Grozny Terek
Missed out Blackpool for Crainey
Round 4: Name the last (which may still be the current) club played for, by these ex-Celts?
(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) Artur Boruc..Fiorentina
2) Maciej Zurawski…Larissa
3) Shunsuke Nakamura…Yokohama
4) Craig Beattie..Watford on loan from WBA
5) Mo Camara….
6) Stephen Crainey..Bristol City
7) Marc Crosas..Volga
1 Fiorentiina
2 Legia Warsaw
3 Yokohama
4 Swansea
5 Torquay
6 Blackpool
7 Volga
Artur Boruc Fiorentina
2) Maciej Zurawski Wisla Krakow
3) Shunsuke Nakamura- Yokohama Mariners
4) Craig Beattie- Watford
5) Mo Camara- Port Vale
6) Stephen Crainey Blackpoll
7) Marc Crosas – Grozny Terek
Round 4: Name the last (which may still be the current) club played for, by these ex-Celts?
(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) Artur Boruc Fiorentina
2) Maciej Zurawski Wisla Krakow
3) Shunsuke Nakamura Espanyol
4) Craig Beattie Watford
5) Mo Camara
6) Stephen Crainey Blackpool
7) Marc Crosas Volga
jtsTICks
Zurawski in Legia Warsaw? Never. Shame on you :-)
All are wrong with answers on 2 so far.
Looks like an innings defeat Bhoys
Well done SFTB
Love
Wong were those before my post.
Zbyszek
Have i got one wright?
Extra W
Zbyszek,
Humble apologies with that guess! :0)
1. Fiorentina
3. Yokohama
6. Blackpool
Jobo
1) Artur Boruc Fiorentina
2) Maciej Zurawski Wisla
3) Shunsuke Nakamura Yokohama
4) Craig Beattie watford
5) Mo Camara Port Vale
6) Stephen Crainey Blackpool
7) Marc Crosas Grozny
I saw Shunsuke in a video earlier and he was playing with the buses.
Jobo Baldie says:
6 January, 2012 at 22:09
1. Fiorentina
3. Yokohama
6. Blackpool
Love your answers. I am worse than you . I will need to play next week.
The Spirit of Arthur Lee
:-) Only CRC knows the answers.
jtsTICks
Apologies accepted :-)
ggogybhoy
Those were not Jobo’s quiz answers.
That was his holiday wish list.
SFTB
What a bus service that was one every minute
First Bus should be ashamed although they do have buses with holes in their windows mind
Jobo how is the weather in Yokohama?
Answers to round 4
Artur Boruc Fiorentina
Maciej Zurawski Wislaw Krakow
Shunsuke Nakamura Yokohama Marinos
Craig Beattie Watford(on loan from Swansea)
Mo Camara Torquay
Stephen Crainey Blackpool
Marc Crosas FC Volga
Zbyszek says:
6 January, 2012 at 22:12
I hope I got them right :-)
Scores after round 4
setting free the bears 38
jtsTICks 29
The Spirit of Arthur Lee 24
ßjmac ♥ Kano 1000 °¿° 20
hamiltontim 19
kelvinbhoy 16
Jobo Baldie 16
googybhoy ♥ Celtic in 2012 3
CRC I hope I got 2 points for Swansea?
flitted between real and clyde, is it me or were most callers Celtic fans? Given the situation where a manager has been directly contradicted by his chairman, why aren’t the Govan select up in arms? My guess? they Know!
1 Guess away from glory
CRC can you mail me your scoring system? :0)
Meant to add, Skin Deep, Stranglers
I might win this yet…
Ok, and this is where we see whether SFTB can handle the pressure out in front…we move onto the final round
Round 5: Hoops am I?
(Remember one guess only, so up to you when you want to guess. 5 bonus points if you are first to guess the answer correctly)
Clue 1: As a Celtic striker, I scored 55 goals for the Bhoys and played the majority of my footballing career in the 90s
clue 1 20pts
Andy payton
Pierre
Brian McClair
chief o’neill’s hornpipe, the dubliners