Not the end of the world if Rangers don’t survive! Too true

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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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1,216 Comments

  1. Margaret McGill on

    petec says:

     

    7 January, 2012 at 03:32

     

    Filthy asses always hang around with filthy asses.

     

    The years of lying and cheating and filth and scum

     

    and institutional complicity and threats and murder and sectarian laws

     

    and scams and lies and yellows and reds and injuries and orange walks

     

    and get rid of catholic schools and flags and famines over and stabbings and

     

    kickings and the one sided trials and an old firm and a parasite bored and Dougie Dougie

     

    and death threats and parcel bombs and Keevins and hypocrites and King Billy and other HMRC white horses and elbows and perjury and traitors and Jabba and still we are nowhere while being magnanimous and second and unwelcome and despised.

     

    I’m tired of it.

     

     

    Smile as you kill

  2. Margaret McGill says:

     

    7 January, 2012 at 03:51

     

     

    I think you are heading off terrible stuff at the Pass.

     

     

    Consistency is all anyone can AK47 for.

     

     

    God Bless America? God has preserved America as the people put GOD in first place, when the Long Term Masonic plan comes to fruition, any mention of Jesus will be ridiculed by Group think.

     

     

    hail hail

  3. Horrific watching a human being turned into a suicide bomber……

     

     

    Syriana

     

     

    There is so much more in this film than the obvious stuff.

     

     

    God Bless.

  4. Mountain_Bhoy is Neil Lennon on

    “half-wits”

     

     

    dear god, spot the Hun…

     

     

    oh dear, how can CELTIC SURVIVE… PANIC…..

     

     

    brilliant… I personally welcome the chase…. from the Hun….. G.I.R.U.Y…… and never forget how much youse b’stards cheated all the way to yer ‘titles’.. Nacho tatoo stars???? PMSL……..

  5. Margaret McGill says:

     

    7 January, 2012 at 04:25

     

     

    I think we have determined that Christian Churches who need money or put money before anything else are not worth any effort. Money Changers.

     

     

    These MC have big money backing them, Government SACHS?

     

     

    It won’t be long before….. ;)

  6. Margaret McGill on

    Mountain_Bhoy is Neil Lennon says:

     

    7 January, 2012 at 04:29

     

     

    where?

     

     

    Been looking for one since last Wednesday?

  7. Tom McLaughlin says:

     

    7 January, 2012 at 05:02

     

     

    I am lovin Mags more than ever, and she always had a special place in my unfit heart.

     

     

    http://www.youtube.com/watch?v=pNSMtLjnLlY

     

     

    Likewise your good self Tom and your arch enemy Kitalba.

     

     

    WE are all Celtic people.

     

     

    CELTIC PEOPLE.

     

     

    There is nothing we can not overcome.

  8. Tom McLaughlin on

    petec –

     

     

    I think arch enemy is a bit strong mate, at least as far as I am concerned.

     

     

    Thanks anyway.

     

     

    Hail Hail

  9. Tom McLaughlin says:

     

    7 January, 2012 at 05:55

     

     

    petec –

     

     

    I think arch enemy is a bit strong mate, at least as far as I am concerned.

     

     

    Thanks anyway.

     

     

    Hail Hail

     

     

    TAM

     

     

    “at least as far as I am concerned.”

     

     

    That aint gonnna conciliate it IMO.

     

     

    Both you and Kitalba are heavyweight contributors to this site but both of you have been contributing less from what I can see.

     

     

    Strong Men, being strong is important.

     

     

    IMO both of your contributons are highly valued. I don’t think the issue is really worth stopping 2 tremendous posters from doing what they do best.

     

     

    hh

  10. Tom McLaughlin on

    petec –

     

     

    Again, thanks for your kind words.

     

     

    It is true that I do not contribute to the blog as often as I used to, but that is purely down to other commitments, and has absolutely nothing to do with kitalba or any other poster.

     

     

    I wouldn’t even dream of trying to speak for kitalba, but I am sure that if he has reduced his own level of contribution, and I know nothing of that one way ot the other, it has absolutely sod all to do with me or any past fall-outs with me. I can assure you of that.

     

     

    Hail Hail

  11. Tom McLaughlin on

    Kev –

     

     

    You giving Rangers a draw?

     

     

    Arbroath will win 1-0.

     

     

    Hail Hail.

  12. Tom McLaughlin says:

     

    7 January, 2012 at 06:47

     

     

    You giving Rangers a draw?

     

     

    Arbroath will win 1-0.

     

    ………………………………………………………………………………………………………………………………

     

    I would hold out more hope if it was….”Danny McGrain’s bearded-army!”

     

     

    Hail! Hail!

  13. Lafferty – Takes out McManus, winks to the dugout where Sally returns the wink ?

     

     

    Cousin – Takes out McManus, winks to the dugout where Sally returns the wink ?

     

     

    Boogy – Kicks Keane up/down Ibrokes, winks to the dugout, Sally etc….. ?

     

     

    Lafferty – Falls to the ground and gets Mulgrew sent off, winks to dugout etc…. ?

     

     

    etc, etc, etc, etc, etc, etc, etc, etc, etc, etc, etc, etc, etc, etc, etc, etc, etc, etc,….?

     

     

    Hail! Hail!

  14. Imatim and so is Neil Lennon on

    Kev-Jungle “Terracing’s are the way ahead!” IMO! says:

     

    7 January, 2012 at 07:08

     

    Lafferty – Takes out McManus, winks to the dugout where Sally returns the wink ?

     

     

    Cousin – Takes out McManus, winks to the dugout where Sally returns the wink ?

     

     

    Boogy – Kicks Keane up/down Ibrokes, winks to the dugout, Sally etc….. ?

     

     

    Lafferty – Falls to the ground and gets Mulgrew sent off, winks to dugout etc…. ?

     

     

    etc, etc, etc, etc, etc, etc, etc, etc, etc, etc, etc, etc, etc, etc, etc, etc, etc, etc,….?

     

     

    Hail! Hail!

     

     

    ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,

     

     

    2010 Never Again

     

     

    And can I just add…..Thomson dives in the box with no one remotely going near him…..realises he has been caught to rites cheating and then feigns injury to escape any punishment………………McCulloch seriously injures Beram Kayal….feigns a serious injury to himself because he knows exactly what he has done….all to avoid any punishment.

     

     

    Anyone who thinks McCoist isn’t promoting this type of behaviour is seriously deluded

  15. Morning all from gay Paree, cold and drizzly, ideal for my Saturday morning jog…

     

     

    A quick look at the kwality chipwrappers this morning shows that they are still in denial.

     

    Crisis what crisis?

     

     

    Journalism what journalism?

  16. Jamaica’s new Prime Minister, Portia Simpson Miller, has said she intends to make the island a republic, removing Queen Elizabeth as the head of state.

     

     

    In her inaugural address, Ms Simpson Miller said the time had come for Jamaica to break with the British monarchy and have its own president.

     

     

    The announcement comes ahead of celebrations to mark 50 years of Jamaican independence from Britain.

     

     

    The Queen’s grandson, Prince Harry, is due to the visit the island this year.

     

     

    ‘Time come’

     

    “I love the Queen, she is a beautiful lady, and apart from being a beautiful lady she is a wise lady and a wonderful lady,” Ms Simpson Miller said after swearing the oath of office.

     

     

    “But I think time come”.

     

     

    “As we celebrate our achievements as an independent nation, we now need to complete the circle of independence,” the prime minister added.

     

     

    In response, a Buckingham Palace spokesman said “the issue of the Jamaican head of state was entirely a matter for the Jamaican government and people”

     

     

    Tiocfaidh ár lá for Jamaica

  17. Hi all. WAY off-topic.

     

     

    Looking for a bit of help from any IT knowledgable posters.

     

     

    A friend in Tanzania contacted me last night for advice. He (or a friend) has very nearly fallen for a version of the Nigerian 419 scam. Several e-mails exchanged and now bank details allegedely from Standard Life Bank of Scotland have been sent to him. Obviously I have told him to stop all contact immediately.

     

     

    Is there any other advice I should be giving or action I could take?

     

     

    Going to work now but will look in from time to time to see if anyone responds.

     

     

    Hail Hail bhoys.

  18. Imatim and so is Neil Lennon says:

     

    7 January, 2012 at 07:58

     

    2010 Never Again

     

     

    And can I just add…..Thomson dives in the box with no one remotely going near him…..realises he has been caught to rites cheating and then feigns injury to escape any punishment………………McCulloch seriously injures Beram Kayal….feigns a serious injury to himself because he knows exactly what he has done….all to avoid any punishment.

     

     

    Anyone who thinks McCoist isn’t promoting this type of behaviour is seriously deluded

     

    ……………………………………………………………………………………………………………………………….

     

    I apologise for delay my friend.

     

     

    Totally agree with your every word.

     

     

    What to do ?

     

     

    I wen’t onto the Clyde phone-in the other week, the day before the huns game and, stated that, Willie Collum had been hand-picked for that game ?

     

     

    Hugh Keevins said to me that, he couldn’t accept my inference about Collum so, I said to him that I based my point of view on the fact that….

     

     

    Hugh Dallas was pictured in the huns directors box at their previous home game v’s ICT, remember the one where, ICT were denied 2 stonewall penalties and, had a goal ‘mysteriously’ disallowed ?

     

     

    Also pictured in the hun directors-box was, Mo(judas) Johnston ?

     

     

    And yet, 2 days after that game, Collum was announced as the ref for the derby game ?

     

     

    Mark Guidi jumped-in as though to, bail Keevins out and, started to talk all over me asking, “Do you have a problem with any other ref apart from Collum ?”

     

     

    At that point I said, “I wouldn’t trust any of them!”

     

     

    Guidi said, “Your wrong Kevin!”

     

     

    Needless to say that was me cut-off!

     

     

    Hail! Hail!

  19. sixtaeseven says:

     

    7 January, 2012 at 08:05

     

     

    I did the same, nothing to see here is the order of the day!

     

     

    Personal fav this morning is the headline which reads…… ‘Ally McCoist: Rangers will bring in a new striker – even if Nikica Jelavic stays’

     

     

    Actual quote a few lines down reads……Asked if he’d definitely be able to bring someone in even if Jelavic stays, McCoist said: “Yes, probably on loan. I could probably get cash for that.

     

     

    Mac

  20. Imatim and so is Neil Lennon on

    2010 Never Again

     

     

    I can’t help but get the feeling David Murray is still pulling the strings behind the scenes with the huns.

     

     

    Who in their right mind (Whyte) would agree to let the previous owner (Murray) control the strategy and way the huns tax case is litigated?

     

     

    Would you allow your business and your future to be determined by the person who created the problem initially? The person who will obviously act out of self interest. Seriously, why did Whyte agree to this?

     

     

    Why have the laptop loyal stayed so loyal to Whyte?

     

     

    Why are Media House who were/are Murray’s attack dogs more active than ever?

     

     

    Some think Whyte is stumbling from one crisis to another. I think it’s looking more likely there is a plan in place and Whyte is merely playing his part.

     

     

    Time will tell

  21. Imatim and so is Neil Lennon on

    Kev-Jungle “Terracing’s are the way ahead!” IMO! says:

     

    7 January, 2012 at 08:19

     

     

    ………..Mark Guidi jumped-in as though to, bail Keevins out and, started to talk all over me asking, “Do you have a problem with any other ref apart from Collum ?”

     

     

    At that point I said, “I wouldn’t trust any of them!”

     

     

    Guidi said, “Your wrong Kevin!”

     

     

    Needless to say that was me cut-off!

     

     

    ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,

     

     

    2010 Never Again

     

     

    And who was it again the cameras caught the hun players cuddling up to in the tunnel at Celtic Park at half time in our last game v them…………Calum Murray I hear you say? Familiarity I hear you say? Bretheren greeting bretheren?

     

     

    Yep I have to agree with you……I wouldn’t trust any of them either.

  22. Just reading back from last night

     

     

    BRTH

     

     

    Moonbeams WD. Kano 1000 \o/ Supporting Neil Lennon 100%. says:

     

    7 January, 2012 at 01:49

     

    **************************************

     

     

    I agree that this kind of decision would require a meeting of all the member clubs, my fear and MWD hints at it, is Celtic PLC might be trying to duck out of the decision to veto NewCo by leaving the vote to the sub-committee. It then can say to fans we kept our integrity and did what the fans wanted but we were out voted.

     

     

    But if the decision has to be taken by all the clubs and qualified majority voting is applied through the 90% rule then clearly our representative would kill off NewCo, which they might not want to do or have that responsibility.

     

     

    That is why I have said to Auldheid that we should call an “open meeting” of as many supporters’ groups and individuals as we can and discuss what the supporters want to see happen and transmit our feelings to the Club.

     

     

    This is a massive issue if not a defining issue for our club we have to do the right thing, and to do that we have to decide our course of action,we must have our say on this.

  23. RogueLeader / CaltonTongues:

     

     

    If you send me your e-mail address via ol’tim/MWD/TTTT/smb or any of the others who have my address, I’ll send you a picture showing how Beram Kayal gets hurt. I’d upload it if I could but I don’t know how to. Maybe Bigjie could help me out.

  24. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS on

    WEST WALES CELT 0702

     

     

    Good shout re Juarez.

     

     

    He looked the part from the off,then that,erm,incident in Mexico knocked him for six.

     

     

    Bring him back,Neil. Everyone is entitled to a second chance.

     

     

    Mind,I always liked big Rasmussen too…

  25. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS on

    KITALBA

     

     

    How youdoing,buddy? Long time,etc.

     

     

    Afew of your new countrymen are over jus now,monopolising my sister’s time,much the same way they monopolised it during her visit in Oct/Nov! Poor lass never made it as far as the Brisbane CSC,so no chance of taking you up on your kind offer of a meal and a chat about Celtic-Bhoy,she knows her stuf!

     

     

    Anyway,I saw the game much later than most on here,Monday in fact,so I pretty much knew what to look for.

     

     

    I have to be honest,it looked like two-three inc Rogne going for the ball,though only Kayal had much chance of getting it.

     

     

    For me,a free-kick. The injury was obviously a disaster for us,but it was not a malicious tackle.

     

     

    I’m with you on this one,and usually UFBs like us would be wanting blood…..