Scottish Premier League chief executive, Neil Doncaster, yesterday told the BBC that no provision existed for a liquidated SPL club to reconvene as a Newco FC at the bottom of the Scottish Football League (reported at 1821 on their crisis timeline).
This is being grossly misreported to suggest that the only opportunity for a Rangers Newco to phoenix is to slip straight back into the SPL – completely and utterly untrue.
There is also no provision for a Newco FC to slip into the SPL. Newco FC would be able to apply for membership to the Scottish Football League (where they would unquestionably be accepted) or the Scottish Premier League.
The default position when a club goes out of business in the Scottish Premier League is that the club that finishes bottom of the league at the end of the season escapes relegation. As things stand, Dunfermline would remain an SPL club and Ross County would be promoted.
No moral, legal or football administrative argument has been made to suggest that Dunfermline will be relegated to allow a new club entry into the league. None whatsoever. Dunfermline Athletic will remain a SPL club if Rangers are liquidated.
The various parties seeking to phoenix Rangers would get the lawyers onto securing a stadium, scouting some part-timers, buying a ticketing system, applying for entry into the Scottish Football League and finding cash to employ stadium stewarding. This could take weeks but is more likely to take months or even years.
Football needs to get used to this idea.
Neil Doncaster did not suggest a Newco FC applying for entry into the SPL had any primacy over an application to the SFL. In fact, an application to the SFL would not have to overcome the unfortunate objections of Dunfermline Athletic – who pay their BBC licence fee and are worthy of due respect.
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Apoel thru on pens
ITV News reporting Rangers asking for special dispensation from football authorities in order to allow them to compete in Europe.
MWD
Cypriot team beat Lyon on penalties, wow!
V
Should have pointed out last post has been extracted from the intellectual fandans forum for fandans of club formerly known as rangers, follow follow.
Like me you may find it amusing!
Poor us,it whisnae me,whit about them, glesga council loves them and hates us,boo hoo
Ffs we need a bigger plug hole they are swirling around it, taking too long!
Can’t get Tommy link to work
Jelly and Gelato – the most important bit is left. The loyalty of the Easter eggs on legs that waddle up and down Edmiston.
That is what is being fought for. That is the real prize
Newco? How do they fund the purchase of a stadium that is noted in their accounts at a very optimistic value? Anything less and the creditors will be looking to go after this transaction, the Insolvency Act specifically caters for this type of situation. Less cash for RFC (in Liquidation) for the sale of any asset means less cash for any creditor. The ridiculous valuation of the Deathstar to ensure balance sheet solvency might just come back and take a giant bite out the backside of RFC (in Liquidation) and subsequently any Newco.
Salvation is a long way off.
Celtic Underground @celticrumours Reply Retweet Favorite · Open
Looks like @tommyinglasgow’s laptop crashed. He’ll be back in 5 mins apparently.
MWD
You extracting the urine ?
Tommy live again!!!
TET
No. ITV National News.
MWD
RogueLeader on 7 March, 2012 at 22:12 said:
I am of the same opinion on your first prediction. No way will that game go ahead on 28 March on grounds of public safety.
I would not argue with the others either.
Provocative H
Salvation a long way off
Salvation Army might be required
So when can we officially buy the tee shirt
You know the one
Joe Ledley
The Last Hunskelper
I always felt Craig whyte was put up for the job as the fall guy by Murray.
This was dispelled when I was informed Alistair Johnston emailed Dermot to say Whyte was a shyster.
Now I wonder if Dave King has played a clever game of chess and has promised whyte a fee of £ xM to be the fall guy, knowing he could navigate a way through with SFA (Ogilvie) fit /proper person and admin/liquidation
Surely Rangers are unwise to draw UEFA’s attention to the whole sorry mess? Is this another masterstroke by D&P to hammer another nail into the coffin?
£3.8 mil might just about cover Duff & Phelps fees.Up until now that is.
HECTOR – Moonbeams WD. Kano 1000 \o/ Supporting Neil Lennon 100%. Eating Jelly & Ice Cream. Awe Naw… on 7 March, 2012 at 22:27 said:
ITV News reporting Rangers asking for special dispensation from football authorities in order to allow them to compete in Europe.
————————
So I did hear right. No chance, UEFA would fall about laughing at such a request. Who makes this crap up?
tomcourtney @19:55
I’ve got a bottle of Moët & Schadenfreude in the fridge to toast their demise.
HH
The thing that gets me about this Newco getting straight back into the top flight no questions asked is that the journalists lobbying for it have not considered the possible ramifications for the league in this sense:
A few clubs have a big debt and could go out of business should the banks call in a loan – Hearts are the most obvious example but their problems are with HMRC issuing more than one winding up order rather than Romanov’s own bank.
What is to stop another club from liquidating and getting a free passage straight back in if Rangers can do it?
A swift rule change the minute after Rangers get rubber stamped?
What is the defence? A Sky TV contract? That is the entirety of their defense as far as I can see other than sentimentalism from supporters and 3000 away bigots chanting and wrecking cities they go to.
Surely their getting back in presents far more legal challenges than starting from division3?
STV now have wheeled out the big guns,Alex Rae and A.Dick.
Special dispensation? For Europe ?
May I remind this club about their 100 yr plus discrimination policy against Roman Catholics!!
Dearie me… Irony and Karma who goes first?
MWD
Hunbelievable,
Rogue
Prescient as ever.
On STV just now Alex Rae looking his age. He’s 147yo. Isn’t he?
SPF
dunno why, cant get tommy’s show on now, had it one before he went off? anyone got a good link?
edit: got him!! whytey on now!
Gavin Rae on ShiTV just now.
Remember when Aiden did him a dull yin?
Wud love to see that again!
HH
RL
If, as you predict, the game on the 25th doesn’t go ahead, what happens to those who have already purchased tickets?
Re. Stepping up efforts to sell them.
Who gave d + d a mandate to sell?
Who actually owns them? Administrators and others seem to question CW’s right to ownership and the possibility of almost endless court cases seems likely.
Who wants to buy and has the readies? Probably no-one.
Who has the authority to sell? Yet to be resolved.
So, where’s the deal?
Doesn’t look like a recession within the legal profession anytime soon.
Cheers
Alex
Looking at my last post @ 22.17 I managed to get four metaphors in.
Gorilla in the room, Sword of Damocles, Dragons Den and Shark Tank (I know the last two were a stretch), but how many can you get in to decribe the soap that is now RFCIA?
Blue Knights aye..in a Blue moon
There ye go again..
hamiltontim on 7 March, 2012 at 22:37 said:
what happens to those who have already purchased tickets?
————-
As pointed out by someone (seanbhoy?) earlier, they have collectors items :)
Read through all of the comments and can’t believe no-one has asked the most important question of all……
has the kit man been sacked yet?
Think this has been a bizarr’ol day statement efter statement one more obtuse than the other.
SDM, PM, CW all reacting to DK’s flight of fancy – surprised we didnae have Scotland’s Uber Bankers no chipping in, they used to when it came to R@ngers; “You were the only wan who ponied up, my bahooky! We stuck in 10xs what you did and we don’t get ta’ claim!”
Wellone’s things for sure DN’P aren’tcontrolling the Administration process so who is?
Still seeing Barca & Messi reminding us what Football is really about is a great way to end the day.
Hail! Hail!
Lennybhoy…Supporting Neil Lennon and CFC until I die on 7 March, 2012 at 22:16
Cheers. I had not factored in the VAT guarantee into Newco costs. I’ll take that £5m as a starter.
It makes even more sense that they start in Div 3 because they can only pay very low wages to break even. The business model for a Newco requires a Div 3 start.
MWD
Take the the special dispensation is
Wearrapeepel
Wewasthepeepel
Wewasneverreallythepeepel
Or would they be arguing that In this climate where jobs and cash are hard to come by, removing Rangers from Europe would result in massive job cuts for Riot police and hospital staff, also insurance premiums would drop due to the lack of unnatural disasters such as big screens being turned off and the resulting devastation
HT-replied to your post last night mate.HH.Enjoy.
heard that new song from Alexandra Burke on Synde today..
Elephant in the room… is she daft? it was the gorilla all the time…
There’s some Dick on STV just now almost in tears when mentioning the ‘L’ word.
SPF