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.
Issue six of CQN Magazine, the Fit and Proper edition, is set to become a landmark collectors item. You can browse the magazine online here but you can buy your own hard copy by clicking on the link below. Read with 20-20 vision…..
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Sparkleghirl @21.37 on 7/3/12,
The article to which you pointed us was pretty moderate (relative to what I expected).
rangers until I
oops hadnt heard news
Killie till I die
who are these wealthy huns that chic was on about to-night, well i hope that the s f a do fit and proper persons check on them,and i bet there will be a few rotten apples in there
Hen 1 rik
Collyer Bristol money
Court case pending
3 diffrent company’s disputing who owns Money.
Very unlikely any decision by Friday
Havingapartywhenthehunsdiex csc
mic1888 on 7 March, 2012 at 21:34:
Liquidation is liquidation. What they mean is that they will continue in some form but not as 1873…that era will indeed end when they are liquidated.
Keep the Faith!
Hail Hail!
The Battered Bunnet on 7 March, 2012 at 21:45 said:
Duff and Phelps really have screwed this project up big time.
Their indecision has cost the club its future.
Not that I’m crying…
================
TBB, or perhaps it’s all going according to D&P’s plan?
sorry, whats this buddies patter i,m reading here ?….just logged in…
sparkleghirl
yo no lear espanol muy bein y el article no dice nada que los jugadors
Lol Lol Lol
All English teams out of the Champions League. Messi scores five – a record. And the presenter asks, “But could he score in the Premiership?”
Jabba, I forgive you.
(No I dont.)
hen1rik on 7 March, 2012 at 21:40:
The £3.6 million is a red herring, it is nothing to do with what will happen next. Bottom line, if they do not get sold, it is liquidation.
Keep the Faith!
Hail Hail!
Mr X
Nup. It’s all going to hell.
Timabhouy on 7 March, 2012 at 21:49 said:
Not the article, one of the comments below. The article’s just stuff we already know.
Jungle jam67
According to this gentleman he’s saying this cash will keep them going.
@Briandamge64: @McNallyMirror Yes it isn’t a lifesaver, but it does keep them going for the season.Should also keep the bulk of the squad intact for newco
So, some 40 years after being the first team to be banned from defending a European trophy the year after winning it, we are now privileged to witness the Huns set another record – the earliest exit from European football.
Maybe when the 5 stars are unpicked there’ll be room for a special commemorative revolving door logo
Tommy Joad on 7 March, 2012 at 21:44 said:
Oglach, The Celtic player from history closest in style to Messi…………
Lubomir Moravcik. Not the same dribbling ability, but similarly well balanced, not as good obviously, but still world class.
———————
Mo Chara i agree and disagree – I think that Lubo in his prime was probably as good as Messi. Listen to what Henri and other French players of that generation say about Lubo, they hold him in awe as did we and rightly so. Oh that we could have signed him in his prime.
If tablets get £3.8 m tomorrow then I am sure the creditors large and small will be delighted … After all that’s why the administrator has been put in there .. Isn’t it?
how sure are we on here that rangers are finished, what happens if these so called wealthy huns buy rangers on friday ,some one explain to me please in plain english,im getting a bit confused ,
Craig Whyte must be loving what Duff & Phelps + Collyer Bristow are doing, by the end of this process, these guys will be hated almost as much as the Whyte knight.
Mind you that’s what you pay good money for.
The news down Govan way just gets better.
Tablets ? .. Bloody iPhone !! .. Tankers .. There that’s sorted
Re Messi and his 5 goals record.
many years ago there was a magazine called Football Europe or something.
In the early days of the CL, van Basten scored 4 against Rosenberg and there was a photo in the magazine of the scoreboard looking something like this
AC Milan 4 – 0 Rosenberg
van Basten
van Basten
van Basten
van Basten
I have searched many times online for that photo with no luck. If anyone can point me in the right direction i”d be very grateful. :)
Tuned into the Apoel v Lyon game and the first thing I see is two of the home fans banners, Orange Madness and No One Likes Us And We Don’t Care. C’mon Lyon, get into the Cypriot version of Tfod.
hen1rik on 7 March, 2012 at 21:40 said:
@Briandamge64: @McNallyMirror RFC will get £3.6m from Collyer Bristow account tomorrow at high court. That explains why no cull of players.
———————————–
So creditors get shafted to pay players? I seriously doubt it.
Apoel v Lyon
2nd period of extra time coming up.
SPF
timbhoy2 on 7 March, 2012 at 21:53 said:
how sure are we on here that rangers are finished, what happens if these so called wealthy huns buy rangers on friday ,some one explain to me please in plain english,im getting a bit confused
they don’t exist….stop swallowing what the papers tell you……………say after me….no more huns :-)
On the off chance that anyone has stopped laughing in the last72 hours, let me rewind to recent history, via the gift that is Rangersmedia.com
The future is Whyte
Sunday, 17 July 2011 19:56
Written by Mr Luce
In July 2010 Rangers flew out to Australia for pre-season. At the time we were ran by the Lloyds Banking Group, due to serious financial problems. We had won the title for the second time in a row, but the Champions League jackpot all went to the bank to clear some of our £31 million debt. Fan favourites like Novo and Boyd turned down new extensions, while Danny Wilson and Kevin Thomson left for a combined fee of £4 million. Burnley winger Chris Eagles turned us down because we couldn’t afford his £20,000 a week wage demands. The squad was very small and was in need of numbers. After the tour there were additions, James Beattie and Vladimir Weiss arrived and near the end of August the big money signing came in. £4 million was spent on Nikica Jelavic, it was a massive gamble considering most of the budget we were giving was spent on this player. However it was money well spent and Martin Bain did a great job getting Rapid Vienna to eventually sell him.
Rangers were doing well in the domestic and European fronts but there were still whispers about the future of the club. Stand in chairman Alister Johnson was looking for a new owner, and in November his plea looked to be granted. A 39 year old busninessman from Motherwell was looking to buy the club, and he was deadly serious. His name was Craig Whyte; relatively unknown, but he had a plan. The supposed plan would be to pledge in £25m in player investment and to improve Ibrox. It sounded very positive but would this happen?
In January the bank were in need of money from us again. We had no choice but to sell Kenny Miller – our top goalscorer- for a fee of £400,000. We tried and tried to get him to sign a new contract, however due to the bank we had to offer wage cuts and Kenny declined and declined.
Over the next few months, there were doubts and many articles about Whyte’s possible takeover. It was incredibly irrating for me and many other fans; we simply wanted to know if it was happening or not. Whyte attended games and that gave some signs. In April it looked like the takeover was indeed near, however it would not happen in that month. Ot could have happened at the end of the month but the Royal Wedding delayed it, would you believe.
After over 5 months of speculation and waiting, it finally happened. I found out the news at a friends house and the place erupted with cheers when the news came. The 6th of May 2011 is the day we’ll never forget. After the takeover was complete, we won the league and said goodbye to Walter Smith. A perfect send off .
Ally McCoist is now the manager and Whyte has promised funds. The press have speculated a number of fees. A transfer budget of £10 million, £12 million and now £15 million have been mentioned. Who knows? So far we’ve spent £500,000 on Juanma Ortiz and we are bidding for Cuellar and Goodwillie.
Whyte has managed to secure McGregor, Whittaker and Davis’ long term futures. He is also trying to convince Bougherra to stay, even though he’s been crying out for a move to England. If we can add Bougherra to the 3 players mentioned, then the future is looking very good. They are vital players who have helped us to success over the last 3 years.
If Ally does indeed have £15 million then, my word, he could build us a squad that could dominate the league for several years. Even better is that we can build around guys like Davis, Naismith, Jelavic and a few others.
Another thing from Whyte that has impressed me is that he has his own men to work around. Bain and Johnston are now gone and Gordon Smith is here. A good ambassador for the club.
And of course he has done what Murray and Bain failed to do. Stand up to the media. We got the blame for a number of things and suffered several attacks from the media. They would have probably blamed Diouf if World War 3 ever occured. A quote from one of Whyte’s men was a cracker: “Don’t tell lies about us or we’ll tell the truth about you”
The future is bright, the future is Craig Whyte.
timbhoy2 on 7 March, 2012 at 21:53 said:
how sure are we on here that rangers are finished, what happens if these so called wealthy huns buy rangers on friday ,some one explain to me please in plain english,im getting a bit confused ,
———–
Are you forgetting about the Big Tax Case ?
timbhoy2:
That would be the “wealthy huns” who cared about their club so much that they let Craig Whyte get it. Who were so invested in their club that they have been fighting him since day 1. Who think Rangers is so special they allowed the 15 point lead to be frittered away and then let the club sell Jelavic, without ponying up for a striker to replace him and keep the dream alive.
You mean those “wealthy huns” who allowed adminstration. Who have let it proceed for three weeks of sheer embarrassment and negative headlines. Who are allowing the name and commercial reputation of the club to be dragged through the gutter. Who were on hand to prevent uncertainty surrounding player sales. Who’s passion for Rangers has made them watch through three or four days of sheer torture as players scrambled for their salaries?
Those guys you mean? Well, I guess if there’s a billionaire out there with King Billy tattooed on his rear end we’re all going to look rather silly, aren’t we? And doubtless they have Messi lined up for the summer.
Lennybhoy…Supporting Neil Lennon and CFC until I die on 7 March, 2012 at 21:50
re your earlier analysis from a friend. I’ve been playing about with numbers that highlight the factors you mentioned. and supprt the conclusion that the only future Rangers have is in a much diminished form.
There is a lot of kidding on going on.
If thems dont pay the tax due do they realise that the troops they paraded around doom-dome a few months ago wont get the weapons to fight the enemy?
timbhoy2 on 7 March, 2012 at 21:53 said:
If you were a Big wealthy Hun would you buy them not knowing the outcome of the two contracts scenario and BTC?
These outcomes will not be decided by Friday.
HH
CRC
Auld Neil Lennon heid on 7 March, 2012 at 21:54 said:
So creditors get shafted to pay players? I seriously doubt it.
Would you put it past these clowns matey, maybe that’s why they’ve been delaying decisions in last few days, no lol in background there.
Paul67
Sorted. Apparently I was already signed up,I just didn’t know it….
Some questions need answering when I get home!
Keep up the good work and thank you.
HH
Magnificentseven on 7 March, 2012 at 21:56 said
How many rich people do you know who are willing to part with £150 million and not see any of it, ever again?
If Thatcherism has taught this country anything it’s that a rich person’s raison d’etre is to want more money and will fill fight for all their worth not to part with a penny of that money.
The rich person who happily gives £150 million to a football club for no gain hasn’t been born and never will be.
sparklegirl
si vale yo sabes ahorra
Lennybhoy
thanks
HH
ok bhoys no more huns
pggtips2 on 7 March, 2012 at 22:01 said:
Magnificentseven on 7 March, 2012 at 21:56 said
How many rich people do you know who are willing to part with £150 million and not see any of it, ever again?
is that not what I said…..they are dead
timbhoy2 on 7 March, 2012 at 21:53 said
No need to worry my friend, there’s no one out there daft enough. There’s more chance of me mounting a white horse and going down Prestonpans High St shouting no surrender :-)