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.
You can order a hard copy of CQN Magazine, issue 5, with credit/debit card or Paypal and buy direct from the UK for only £3.50 + £1.50 postage and packing. Shipping costs £2 to ROI, £3 to Europe and £4 to elsewhere. Click on the link below to order.
Click here to view the new issue of CQN Magazine online for free. You can support the online edition by making a discretionary donation here.
1,216 Comments- Pages:
- «
- 1
- ...
- 17
- 18
- 19
- 20
- 21
- 22
- 23
- ...
- 32
- »
Simon Donnelly
Hoops am I?
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 2: I never played for my Country at full International level (12pts)
Celticrollercoaster
You are always right, mate.
For 1, Wisla Cracow is never ever good answer.
For 2, Legia Warsaw is never ever good answer.
Desolation row, my chemical romance
Cadete
GAME OVER FOR SOAL
Hoops am I?
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 2: I never played for my Country at full International level
Clue 3: I used to wear a gumshield when I was on the football pitch (6pts)
…and It’s goodnight from me….
Crainey
Plug?
My dear,dear,dear,friend.. Saltires en Sevilla
Hi Ya ,Pally?
Yep… Ah am gled that ye are in lock-step .. wi me.. in the matter of.. Whit Celtic Should Dae.
Noo, Ah hivnae gien, full thought ,as tae how we could woik this particuler.. “Oracle”…that bein’…our Move tae the Blue Square League..
Aff the Cuff..or the Top of Ma Heid.. Pick Wan!
The Top o’ Ma Heid?
O.K.
Then, how aboot..
Celtic , should Buy a Strugglin.. member of the B. S.
Then… ?
Coast us.. Pennies… or Tuppences.. or … O.K.
Thruppences.. furgoat aboot the Inflation!
Then.. We would be a Bona Fide Member of the B.S.
and Naething could Prevent us.. fae. Chinging the Name of the Club,which we bought.. tae..
Celtic.
So far.. Howdya like dem Apples?
Ye dae.. ? Thought so.
So.. ye see..
If the Spirit Moved us.. we Soitenly could
move of Encampment tae the B.S. League.. in a New Yoik Minute!
Of course , oor Home Games wid hiv tae be played in Scotland.. but, Many an English Team..in the Premier.. his tae Make tracks tae Far Away .. Wales..so there is a Precedent there… somewhere..
Right?
Damn Right..
Och.. It could be done..
If .. The Board wus willin..and like Ah said..
We wid soon zoom up the B.S. .. and Continue. tae Zoom up.. the Intervening Leagues.. until, we hit the Jack Pot
And
Whit a Jack Pot!
Yep.. we wid soon be in clover.. in the E. P. L.
And Take oor Rightful Place.. among the Rest of the European Royalty..
Kojo
yer pal.. who likes ye ,aloater.
Di Canio
HT
The Taxi Driver is a very good guess
Gerry Creaney
SOAL
Pity it’s no my first…
gerry crainey
Gerry Creaney
Jobo
Hoops am I?
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 2: I never played for my Country at full International level
Clue 3: I used to wear a gumshield when I was on the football pitch
Clue 4: After I left Celtic, I played for both Portsmouth and Man City (3pts)
The Spirit of Arthur Lee says:
6 January, 2012 at 22:29
He doesn’t drive a taxi anymore!
gerry creaney
Gerry Creaney Doh!
Robert de Niro
gerry creaney
Danny De Vito
barrowlands, Chirsty moore
when does the quiz start ?
kelvinbhoy says:
6 January, 2012 at 22:26
Cadete caused the embarrassment of Gough in the 5-0 Lisbon trumping a year or so before he signed for us. :-)
ShieldmuirCelt
HaamiltonTim…..
My all time favourite is ‘The Foggy Dew’……and I live in hope and pray that it becomes part of the truly amazing GB repertoire
http://www.youtube.com/watch?v=13MQFCfCYdQ
Paul67…….There you go building my hopes up……LOL….!!
You are one man who knows what is going on in the background and ‘I live in hope and pray’ …..!!!!!!!!!!!
Gerry creaney ;)
the royal yacht.
i hope it sinks.
Answer: Gerry Creaney
5 goals for jordan rhodes…. Thank god he plays for Scotland because it’s the only shirt I’m going to get to support him in.
Missed opportunity
Btw CRC you got mail :)
Kojo
I did some hard work already – see the link below (green and white team)
they currently play in stripes and so did we until we changed to hoops in 1903)
yet another precedent and we can do the same again when we reach for the rarified atmosphere of EPL c2020
see link:
Green & White team Southern League
HH
M
sftb
Great effort mate well done!!
CRC
Thank you as always.
Talking aboot.. the Scoring Prowess of Master Rhodes..
Sure,he is Poppin’ them in .. Goodoh…
Howevah……
Someboady else,is supplying the Balls..which he is ..well.. Firin’… Right?
Damn Right!
Noo.. if it wis up tae me..
Ah wid Furget aboot goin fur.. Master Rhodes..
He is noo well Priced .. far,far, beyoung oor .. well. Price Range,anyway..
Na..
If Ah wiz King..
Ah wid .
Noo go efter
THE GUY or the Guys.. who wur Supplying the Ammunition..tae.. Young Rhodes ,tae.. well. Fire!
We could sure use.. Such a Guy, or a Coupla Guys.. who wur
capable of creating..
So Miny Scorin’ Opportunities..
Right?
Maks Sense tae Me.
Kojo
CRC
Thanks as always
SFTB
AWESOME
Hi,
when do the links start?