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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And the final scores:
setting free the bears 41
jtsTICks 32
The Spirit of Arthur Lee 24
Jobo Baldie 22
ßjmac ♥ Kano 1000 °¿° 20
hamiltontim 19
kelvinbhoy 16
conzaloni 11
Saint Stivs 3
Patrick27 3
googybhoy ♥ Celtic in 2012 3
Well done SFTB, a fine win. sTICks-a runner up performance on your debut.
Cheers Bhoys for taking part
HH
CRC
dirtymac says:
6 January, 2012 at 22:32
and also put Radio5 Live off the air when he came on and scored against Aberdeen……………
Samaras….not sure I read the question..
Paul;
Whilst this is a serious article I got to this bit:
“think of her underequipped soldiers” …and nigh on wet myself!
Thank you; it made my day.
My own personal opinion, not that it will makes the slugfest difference, is simple; the orcs can become a newco if they wish. They should be allowed, indeed encouraged to re-join the Scottish League, right at the bottom. SPL? You’re having a larf…
CRC
Do I get bonus brownies for being first to get Creaney…..
the town I loved so well, the dubliners
Celtic Legend Gerard Butler coming on BBC1 now
crc
Thanks for the entertainment
ht & SOAL- I jad a lucky night
I heard this wee jig tune being played everytime Freiburg scored at the German 6s tourney today.
Nice wee Irish jig tune the GB could adopt
SC Freiburg tune
CRC –
Well done as always. Enjoy your evening Bhoys and Ghirls.
Jobo
Spirit of Artur Lee @22.31 Lol!! :)
CRC Cheers and now I have got the idea – top is in my sights!
SFTB well done to you sir! See you in the B&Q paint isle anytime soon?
Jobo a good comeback after your Dick White start!
Hail hail
sTICks
celticrollercoaster says Hail Hail to Kano1000 says:
6 January, 2012 at 22:34
Answer: Gerry Creaney
Not Samaras then..ok.
Must do better.
Kojo
Good health and wealth to you for 2012
An absolute joy to have your wisdom for 2012
CQN no1
P.s we told them Fraser Forster no1
SFTB
Get davythelotion to post you a link
celticrollercoaster says Hail Hail to Kano1000 says:
6 January, 2012 at 22:36
Well done…will check in tomorrow with my FBS so long as the scales don’t break.
Cheers and good night one and all.
Kojo says:
6 January, 2012 at 22:36
I think that would depend on whether Jordan is a poacher/penalty box striker, I don’t know what kind of player he is because I’ve never seen him. It certainly seems like he is an out and out goal grabber and those guys usually get into the best places to score and rely on their team m8s heavily. Good shout.
Hoops legend Gerry Butler on Graham Norton show now.
Thanks CRC, got distracted by Luke with his “buckyballs”, luckily he’s not taking it after his old man and starting to drink when he’s 10, it is wee magnetic balls – great name tho’ Highly recommend them.
SFTB
– great performance again, you dominated almost the full match, and ran out easy victor in the end :-)
hh
bjmac
Evening all,
Head in hands time again:
Hugh Keevins 19:45 on Clyde tonight: ‘The Scottish Press loves Neil Lennon’.
Those five words actually came out of his mouth.
Also, Delahunt reading the RSA minutes conveniently mentions everything except the part about no negotiations with HMRC.
Is Scottish Football Journalism one of those jobs that requires no formal qualifications? You know, like the people who run banks or meat salesmen that make fortunes selling dodgy breast implants?
Six words.
setting free the bearssays:
6 January, 2012 at 22:39
Well done.. I am out to take your crown next week.
HT
I beat you again you’ll be on ma mantlepiece….
Enjoy Aberdeen and more importantly PeterReid.
hh
bjmac
no implants required on that show mate,all genuine t¡£s.
Next home game: Pay me my money down: bruce springsteen, live at the point
brucecassavetes says
sorry was a reply to you mate!
O ro se de bheath bhaile…………
Kayal out for a prolonged period having been injured in a challenge with Elbows, I shouldn’t be playing McCulloch.
Hmmmm.
HT
Is Lewis Hamilton aka CT driving the tank the morraw?
bada bing
If for no other reason than he got to run out at Celtic park…………….. tho have to say ( in my wine influenced opinion) I would of buried some of the chances he squandered!!
My dear,dear,dear,friend.. Saltires en Sevilla
Great Woik… Watson!
Ah like yer findings…
Ah kin see it noo..
Biggleswade Celtic.. tak the Southern League by Storm!
Sorta.. Poetic.. Right?
As a Matter of Fiction..
Noo, how wid ye know this. but, ye soon wull.. fur Ah am gonna Tell Ya…
Ah ,in Ma well Spent Yoof.. wiz an avid Collector of.. anything.. that Concerned the Adventures of..
Captain Biggles!
Don’t tell me. ye hivnae hoid o’ .. Biggles?
Ye Hivnae?
Ah told ye.. No tae Tell me!
Anyway..
Noo that ye hiv brought up the Name.. oota the Green.. and White…
Ah figger that wan of the Fate Sisters hiz taken a Haun in oor
Venture…
Which wan… ?
Ah am talking aboot Whit Sister..no Which ..HAUN!
Any wan of the Three.. wid dae.. that’s the Fate Sisters ,Ah am talkin aboot…and who his goat Three Hauns,anyway!
Disnae really maitter..
Howevahh.. Ah believe that Ye hiv Bin Influenced by wan o’ them
Look at the Evidence..
Biggleswade F.C.
Yep…
So that is noo oor Plan…
Celtic , wull Buy. Biggleswade.. and we wull be able tae save some money..by using their Auld Jerseys.. Right?
A Penny saved.. and awe the That!
Look efter the Pounds and the Pennies wull Look efter themselves..
Biggleswade Celtic…
Ah like that.. so Ah dae,dae..
Bigglewade Celtic..
Ah believe that ye hiv hit a winnah,pal..
Kojo
yer pal..who likes ye aloater.
the ship song, nick cave and the bad seeds
An apt tune, in the not too distant future, hopefully!!bye bye rangers
@davy
do you do links?
Good riddance (Time of your life), Green Day
Drambowiecelt says:
6 January, 2012 at 23:00
go to http://217.174.253.143/link_creator.php , copy and paste your link into first box, then enter your description in second box. Click create link and then copy and paste into the blog!! Simples!!!
Drambowiecelt says:
6 January, 2012 at 23:00
@davy
do you do links?
If you mean me, unfortunately I’m so computer illiterate that I don’t! I’m listening to my spotify account. Dedeicated Follower of Fashion! Kinks
Drambowiecelt
He is the champion linkmaster
My Dear,dear,dear,friend.. Canary Bhoy @ 2241
Well, isnae that Nice thing tae say… Pal?
Thanks fur the Nod.
Sure, Ah am a wee bit aff the Kilter.. many a time..
but.
Ah mean well.
Like the saying goes..
Whit is Mair Important?
The Meat or the Plate that is Comes oan?
Tough wan… Think aboot it!
Ye thought aboot it.. Already?
Gee. that wiz Fast!
Nice chatting,pally…
Kojo
yer pal.. who considers that ye hiv impeccable taste.