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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oglach
There are very few places in Scotland where the Celtic support are welcomed it comes with the territory.
ernie lynch says:
6 January, 2012 at 15:38
Thanks, ernie – also didn’t realise the liquidator would hold the IP rights for the oldco, interesting….
Awe_Naw_No_Annoni_Oan_Anaw_Noo says:
6 January, 2012 at 15:32
I was entertaining the notion that the newco could somehow get stuck with a duff name
but my hopes were dashed.
– I shall just sit back and enjoy the train wreck that will result in London Rangers,
Govan Strollers, Dignity Unlimited FC or whatever they’re going to be called….
Can I just say that I don’t like them already.
pigalle
Is it true Kayal is out for 4 months because of that animal McCulloch?
From the Beeb….
Celtic midfielder Beram Kayal could be out of action for at least four months.
The Israeli – who was initially ruled out for a month – will undergo surgery on his injured right ankle in London next Monday.
He was stretchered off following a challenge with Lee McCulloch during the 1-0 win over Rangers on 28 December.
“There will be a further update following the surgery next week,” the club said.
Kayal, 23, joined Celtic from Maccabi Haifa in 2010 and in October signed a new contract to keep him at the club until 2015.
Continue reading the main story
It’s no coincidence that this run has coincided with Beram signing a new contract
“It’s no coincidence that this run has coincided with Beram signing a new contract,” he said.
“He is a pivotal player for us. But I will say one area we have real quality strength in depth is midfield. I’ve got plenty of cover in midfield.
“But no-one likes to lose a player for a concerted period of time. We have been unfortunate with these injuries.”
Regarding the tackle between Kayal and McCulloch, Lennon said: “It was a good challenge between two committed players.
“The way his ankle has turned, he has got a bit of cartilage floating in there that might need attaching back in and there is ligament damage as well.
“The operation is Monday. It could be a minimum four months or we could maybe get better news.
“The result is he needs surgery. We are just not sure on the extent of it yet.”
For all those questioning if Celtic could survive without rangers, here is the blueprint to survival.
‘StarHub has announced a four-year agreement with the Football Association of Singapore (FAS) that will see the Singaporean pay-TV operator become the official broadcaster and principal sponsor of LionsXII, a newly-formed Malaysian Super League (MSL) soccer team.
Under the terms of the partnership, StarHub will air all of LionsXII’s MSL, Malaysia FA Cup and Malaysian Cup matches on its pay-TV, online and mobile platforms. The firm’s logo will also feature on the front of the team jerseys.
All LionsXII content will be made available to subscribers of StarHub TV and StarHub Mobile. Meanwhile, viewers who are not signed up to receive the pay services will be able to watch one live match per month on Channel 5, a free- to-air MediaCorp channel.
StarHub chief operating officer Tan Tong Hai said: “As a passionate supporter of local football, we want to cement our commitment to the cause with this broadcast and sponsorship deal.”‘
The huns who support the huns will see the new huns as the same club as the old huns, regardless of niceties like company law. They certainly won’t be talking about a team going for its first ever title.
THE EXILED TIM says:
6 January, 2012 at 15:40
“While we all take great delight in the demise of the hun, the only team who will lose out through the debacle is Celtic.
If the hun are newcoed back into the spl, many thousands will walk away, hence a dramatic downsizing.
If the hun are newcoed, all they will lose is their tainted history, they will be debt free, and they will receive fresh investment allowing them to dominate scottish football for years to come.
If anyone thinks there will be a change of heart at the sfa, the referees they are in dire need of being locked up in a secure hospital.
Resign Celtic, it’s the only solution”
Hola, amigo. Como vas? Yes, it would be grossly unfair if Rangers were to escape with a mere points deduction…I completely agree. However, if Celtic resign, what does the club do then? Where would we play? England is not an option since I don’t think anyone there wants to give up their place at the trough to us whether it’s the big EPL trough or the still not to be sniffed at Championship one. I don’t think Ireland is a solution for similar reasons on a smaller scale.
Like with employment, it is best advised to resign only when you’ve got something else lined up. I don’t think we can be in that
fortunate position any time soon. If we have nowhere to play, we could be faced with the ironic situation where we go out of business because unfair actions caused them not to. It’s awful but, if they do get thewir way, we may have no alternative but to put up with it.
Finally, even if they do get rescued and someone puts money into them, it doesn’t necessarily mean that they will dominate Scottish football for years to come.
ASonOfDan – George Elokobi has to be about the worst defender I’ve ever seen in the EPL.
Gordon_J backing Neil Lennon says:
6 January, 2012 at 15:54
The huns who support the huns will see the new huns as the same club as the old huns, regardless of niceties like company law. They certainly won’t be talking about a team going for its first ever title.
………
That is true, but we will NEVER EVER let them forget it and will ALWAYS use that fact to shut them up!
They can rebrand themselves whatever they wish,
they will remain the same, they are what they are, they cannot change.
You can cover a dog turd in the finest Nardini ice cream and sprinkle it with hundreds and thousands
But when you look at it, no matter from which angle its still a dog turd.
BSR
hope that didnt put you off your veg.
Jungle Jim says: 6 January, 2012 at 15:04
I have voted for the SNP in the past, shame on me for that, it won’t happen again.
Gordon_J – That is when we can remind them of this fact at every hands turn :)
In fact I have a wonderful idea for a YouTube video all ready to go when it happens
Bourne @ 15.44
Come on now, stop being daft. I think we’d all love a sniff at the Heraklion Hipster’s flowing mane.
Lets get a few things straight.
A Newco hun FC means the taxman gets diddley squat.
IF anyone wants to see how HMRC deal with any phoenix company that does that then read my articles posted on the end of the last thread.
Hail Hail
BSR
Just when everybody seems to be getting on better, you comes on here to give parsnips a slagging.
A good roasting and I might just agree
Che
I think I’ll give Nardini’s a miss for a while :-)
cadizzy
Bien.
I believe that resigning is the only way we will get anything like a level playing field.
If we can’t go anywhere else, are you and will everybody be happy to carry on as we are presently, allowing them to cheat their way to titles, allowing them not to pay their dues and reward them with a slot in the spl as if nothing has happened.
Without Celtic scottish football is finished, without the hun scottish football will have a chance to florish again.
I would bet my last penny that if we resigned the rest of scottish football would be on it’s knees begging us to reconsider and we could then set the agenda, and the agenda is honesty and integrity.
Without that we may as well switch the lights out now.
hamiltontim says:
6 January, 2012 at 15:50
oglach
There are very few places in Scotland where the Celtic support are welcomed it comes with the territory.
Turriff is one of them – even the phone code is 0-1888!!
Rucyl
cadizzy says:
6 January, 2012 at 16:02
Dearie me that was a shocker…
youve really got to know your onions before you start making jokes about root vegetables.
JohnnyClash
Just testing – The Bigest Bestest Hair Do at Lennoxtown
greenjedi, RogueLeader,
Of course we will! “And if you know your history … “
What, parsnips again Pip?
Neil “Penfold” Lennon says:
6 January, 2012 at 15:49
A story from Today’s Scottish Legal News………..
“Staff at a Scottish charity shop have been left stunned after thieves hoofed it with a 7ft costume of a goat.
———————————————————————————————————————————
Have the police raided the local Masonic lodges? I’d be inclined to look there.
marvin
“Seeing the goalscorer today, remember when the huns were referred to as the ‘darnel’ on this blog.
funny how that term just vanished. ”
Actually, the biblical term is darnel whereas our bhoy is Darnell Fisher.
The spelling makes an “l” of a difference
cadizzy
Roast nuts chesting on an open fire.
Jack Frost nippin at your b*ws
Seems just like yesterday.
*delete if language violinated*
MBenz Junior Cup latest…
Lazio gubbed us 2-1 !! We are up next at 18:08 and 19:18 GERMAN TIME (GMT+1) so that’ll be at 5:08pm and 6:18pm today UK time.
Earlier results…
15:30-15:45 Profi (01) A U19 USA – Lechia Danzig 1:0
15:47-16:02 Profi (02) A VfB Stuttgart – FSV Mainz 05 1:2
16:05-16:20 Profi (03) B Lazio Rom – Celtic Glasgow 2:1
16:22-16:37 Profi (04) B SC Freiburg – Hamburger SV 4:1
remainder of today’s program…
GERMAN TIME
17:15-17:30 Profi (05) A U19 USA – VfB Stuttgart
17:33-17:48 Profi (06) A Lechia Danzig – FSV Mainz 05
17:50-18:05 Profi (07) B Lazio Rom – SC Freiburg
18:08-18:23 Profi (08) B Celtic Glasgow – Hamburger SV
18:25-18:40 Profi (09) A FSV Mainz 05 – U19 USA
18:43-18:58 Profi (10) A VfB Stuttgart – Lechia Danzig
19:00-19:15 Profi (11) B Hamburger SV – Lazio Rom
19:18-19:33 Profi (12) B SC Freiburg – Celtic Glasgow
livestream via Joe’s VideoCelts site
full programme…
http://mercedes-benz-junior-cup.de/Spielplan_Profiturnier.29.0.html
Frosty the Snowman had a carrot for a k**b
*well seen its nearly home time *
TET
I fully understand your point and, no, I would not be happy to let them go on cheating but I’ve not been happy with all of the other forms of cheating and non level playing fields that we’ve had to put up with in some form or other for our whole history.
As I say, resigning could be tantamount to Celtic saying “Okay, if you’re not going to go bust, then we will” Why should we be the ones to be executed for their crime?
Why Elbows and that lot haven’t been punished more after that appeal is beyond me. Utter joke and they’ve made what appears to be an improved system still flawed.
why would a snowman have a carrot for a kerb? Park your car beside a carrot?
cadizzy says:
6 January, 2012 at 16:19
TET
I fully understand your point and, no, I would not be happy to let them go on cheating but I’ve not been happy with all of the other forms of cheating and non level playing fields that we’ve had to put up with in some form or other for our whole history.
As I say, resigning could be tantamount to Celtic saying “Okay, if you’re not going to go bust, then we will” Why should we be the ones to be executed for their crime?
…………….
Better to resign with honour and keep our dignity rather than take part in a corrupt league!
squire danaher says:
6 January, 2012 at 15:40
Don’t you worry about me kind sir I can look after myself when in foreign…………:-)
Ok for later,you can get a tinny for the train,we should be there 6ish.
Kraljski says:
6 January, 2012 at 16:21
“Why Elbows and that lot haven’t been punished more after that appeal is beyond me. Utter joke and they’ve made what appears to be an improved system still flawed. ”
I said earlier that I think unsuccessful appeals should bring a heavier sentence than red cards not appealed. The additional ban should be within a range determined by the level of merit the appeal carries.
cadizzy says:
6 January, 2012 at 16:23
Exactly, a minimum of 3matches ban at least.
That way if it becomes an option again, they’ll think twice.
Say they play a Sat, man gets sent off and then they have a game on the Tues/Wed – that means they could appeal and the same thing happening again, am I right?
Cadizzy and Exiled Tim, I would be in favour of our joining the lower leagues in England. The few years of pain playing in those league’s would be worth it to get out of SPHell.
Izzy comes back and Kayal goes out. Perils of the modern game.
How did the tough tackling days of the past result in less serious injuries? Were players tougher or were players playing with niggly injuries for years?
LB
curly
Does Turriff have a team? Maybe we should resign and start a newco CFC there :-)