Parma liquidation precedent would work against Rangers

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We have spoken before that preliminary positions are being established ahead of the much-anticipated outcome of HM Revenue and Customs tribunal against Rangers with the possibility that, in the event the decision goes in favour of HMRC, the company could go into liquidation.  This weekend brought a fresh attempt to pitch a positive scenario in favour of Rangers.

One newspaper sought solace in the case Parma, stating that the Italian club was allowed to re-emerge in Serie A after going out of business in 2004.

Unfortunately this is a complete misrepresentation of the facts, as far as Parma is concerned, precedent points to an entirely different outcome.  Parma went into administration on 28 April 2004 after Parmalat, the dairy company which owned a majority of their shares, also went into administration.  Parma remained in administration for three years before emerging after a successful restructuring of their debts.  The club was then bought by a new company – but crucially – continuity of football operations was possible because there was no liquidation and debts were restructured in a way consistent with prevailing administration laws, that allowed a company to continue trading.

This, however, is not the end of the precedent Parma can offer Neil Doncaster and his SPL board.  In 1968 AC Parma went into liquidation and disappeared from existence.  They are an ex-football club, to use a phrase I can see creeping into the local lexicon soon.

Shortly after the failure and permanent disappearance of AC Parma, another club, AC Parmense, who were newly promoted into Sere D, changed their livery to match their better known former-neighbours and changed name to AC Parma.  It was this club, AC Parma-formerly-known-as-AC Parmenese, who were promoted through the divisions and went on to win three European trophies.

Precedent from Italy is clear: if a large SPL club is liquidated an opportunity exists for Clyde FC to change their name, ditch the white shirts, rent a large, vacant, stadium and try to work their way through the leagues. Just as Airdrie United-formerly-known-as-Clydebank, are attempting to do.

There are no free tickets to the elite level of Scottish football.

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  1. Ten Men Won The League says:

     

    23 January, 2012 at 21:39

     

     

     

    west ham, that cant be right, he’s the best striker in the world you know, no?

     

     

    i heard myself that barca, real madrid, ac and inter milan and man u were looking to get him signed up

     

     

    whats going on here

  2. Rancho Franco – like VP, I also knew George from his time in The Vogue, Croziers, Victoria Bar etc. A great guy who never had a smile off his face…..sad that he is no longer with us.

     

     

    Where did you know him from?

  3. kelvinbhoy

     

     

    It was RTC who said we would soon be discussing openly something that he has been nodding and winking it for some time, not Stewart Regan.

     

     

    To have the SFA chief executive communicating directly with fans is like a different world compared to the old SFA, but Stewart Regan sometimes gives the impression that while he thinks he tweets ex cathedra, other people are indulging in knee-jerk reaction for making comments without checking their facts (he said as much to a lad tonight who was questioning the move to a Sunday of the Scottish Cup Final in 2013).

     

     

    I hope he thinks carefully about where he takes his participation in this dialogue from here.

     

     

    RTC said to him tonight that it was fair enough for Regan not to answer on a medium such as Twitter the question about what the SFA will do in response to the alleged possible lack of full disclosure of player contracts by an unnamed SPL club, but that Mr Regan would be wise to prepare to give an answer soon.

     

     

    At this point, another contributor to the discussion, Pat O’Leary, said that RTC sounded like he had come across new information. RTC said: “Not new Pat. I have been nodding and winking at this issue for months. Soon we can discuss openly.”

  4. Eight Mair Days tae Go!

     

     

    And..

     

     

    We still hivnae Signed a Striker.

     

     

    Look, Lenny Bhoy..

     

     

    It’s no Sae hard .

     

     

    There’s

     

     

    Sandaza.. whom we could get . wi a Come Hither Look..fae oor Women’s Team Captain… and a Packet o’ Woodbines.

     

     

    El.. Thingamajig.. who we could get fur A Promise …

     

     

    Tae no Tae tell the Home Office..He has an oota Date Passport…

     

     

    which is a Lie.. but..

     

     

    Heck.. Desperate Times ca’s Fur.. Desperate Measures!!

     

     

     

    See..

     

     

    So ,Lenny. ..Git Movin’ and Groovin’

     

     

    We Need anither Striker

  5. !!Bada Bing!! Kano 1000 says:

     

    23 January, 2012 at 21:52

     

     

    Thanks for noticing.you didn’t even enquire

     

    after my health :O)

     

    Just as bad this week,need to shake it off.

  6. P88dy @ 19.10

     

     

    Dont post often. I wish someone could read your post out on the radio phone ins , so that the likes of Traynor could hold there heads in shame. Brilliant post , made my night !!!

     

     

    Roddybhoy

  7. Vouguepunter

     

    George was in the bar business with my brother ranchoHarry a conteporary his at school

     

    They had a couple of bars up Hope street/sauchiehall st. before the landlord

     

    Romano pulled the plug prior to the Concert Hall build.

     

    Eddie.C is still a friend the family.

     

    HH

  8. Celtic_First says:

     

     

    23 January, 2012 at 21:49

     

     

    Cheers mate, thought it was a bit overt of him to say what I had read but not being a Tweeter(is that what people that do that are called) didn’t know for sure who said what. Either way, chickens coming home to roost and no place to hide if things are investigated properly and without prejudice. Cannae wait for the you know what to hit.

  9. RanchoFranco says:

     

    23 January, 2012 at 21:56

     

     

    Eddies some man,he should have got the part

     

    of Del bhoy.

     

    Was at big Georges funeral in St Patrick’s

     

    in Dumbarton,needed a shoehorn to squeeze

     

    everyone in.

  10. !!Bada Bing!! Kano 1000 says:

     

     

    23 January, 2012 at 21:56

     

     

    VP-A Fisherman’s Friend?

     

     

     

    Bada – he’s not just a friend to the Fishermen if all the stories about him are true! Allegedly…..

  11. kelvinbhoy says:

     

    23 January, 2012 at 22:02

     

    !!Bada Bing!! Kano 1000 says:

     

     

    What are you two idiots on about,I’m dying here.

  12. Awe_Naw_No_Annoni_Oan_Anaw_Noo on

    Reagan should give a straight answer to a straight question. It is in the rule books after all. I think to expect any meaningful dialogue over the net at this stage is premature but well done to the RTC guy for making it already a clear public issue. If the SFA can be proven to being cooperative then it has happend on his watch along with many other things. Reagan I think has to go also or start telling the truth if he wants to survive or does he ?

     

     

    Aye theres the rub … A modern SFA ran fot the benefit and love of the sport ..OR… The blazer wearers hang on waiting and arranging fot the second coming ?

     

     

    Does Reagan know what environment he needs to operate in even for the future ?

     

     

    You bet. That’s why he needs to go IMHO

     

     

    HH

  13. Kelvinbhoy

     

    George was a great pal of my older brother Harry and they at one time owned a couple of

     

    bars together. He was indeed a true Tim and lovely laughing guy.

     

    Eddie is still ‘the family lodger’, given the bed hours afforded to him lest the expense a return

     

    trip to Dumbarton by taxi and a Proc.Fiscal father.

     

    HH

  14. JimmyQuinnsBits on

    New posters comin on thick an fast… I likes it, it’s a compliment to p67 and to the auld dragons on here who’ve been postin a damn site longer than me.

     

     

    Lurkers, come on in, the water’s…. well, it’s no exactly Florida, but it’s great once you’re in. You need to get past the crocs first tho.

     

     

    (a wee secret, they’ve nae teeth and…. aye, that is lipstick)

  15. VP – Holy Mass will be offered up for a speedy recovery. Hope you are fit for the semi-final on Sunday- it’s like a home game for you and me!

     

     

    Cheers and good night mate

  16. kelvinbhoy says:

     

    23 January, 2012 at 22:07

     

     

    Cheers J,might manage the walk over to Hampden

     

    from Rutherglen,there’s nothing like that walk on cup final day ,seeing all our fellow Tims enjoying themselves.

  17. My dear,dear,dear,friend..Mr. Z

     

     

    Pal

     

     

    Ye are a Treasure..!!

     

     

    And we hiv goat You!

     

     

    Thanks fur. those Two Posting of Your’s..

     

     

    Giving us the Proper and Honest ENGLISH Translations..

     

     

    which..if we depended oan the Scottish Press,

     

    would be rendered by them.. Anti- Celtic in there Meaning.

     

     

     

    Ah don’t think that You ,pal.. are Given Enuff Credit..

     

    for what you do for us.

     

     

    Keep, Exposing the Lies in Those “Doctored” Interviews,

     

    that are Published ,by oor Anti- Celtic Scottish Journals.

     

     

    Kojo

     

    yer pal.. who thinks ye are swellegant.

  18. RanchoFranco says:

     

     

    23 January, 2012 at 22:06

     

     

    You are in good company with the Croziers……don’t know Eddie that well but Wille and John I know well from The Vogue. Still see John regularly in Chapmans.

     

     

    Hail Hail

  19. !!Bada Bing!! Kano 1000 says:

     

    23 January, 2012 at 22:09

     

     

    That’s it …next time in Main st…..

     

    3rd gear nae brakes.

  20. VP – might see you on the way over. Regards to all the guys in the Bar and hope to be in with the old man soon.

     

     

    Cheers

  21. Goodnight all,especially Bournesouprecipe

     

    who may have fallen out with me today.

     

    Can’t think why :O) Hail hail

  22. Guys,thanks so much for the advice on holiday breaks in the North of Scotland.

     

     

    Very much appreciated. Thanks to all who took the time to respond.

  23. Liverpool are attempting to put rumours of a swoop for Nikica Jelavic to bed by suggesting that the 26-year-old is not being considered as a potential winter target.

     

     

    Earlier in the day the Croatian striker was said, by his father who also acts as his agent, to have set his sights on joining the Reds ahead of any of the Premier League and Championship clubs vying for his signature.

     

     

    An impressive year and a half spell with Rangers has seen the Croatian linked with moves away from Glasgow. The reigning SPL champions are thought ready to reap a return on their asset.

     

     

    The Reds were linked with Jelavic prior to the transfer window opening – a lack of goals over the season’s opening half has led to various strikers being associated with a bid – but Kenny Dalglish has predicted January will be a quiet month.

     

     

    Fees in excess of £6 million have been touted for the Scottish top flight’s highest goalscorer.

  24. My dear,dear,dear,friend..Jimmy Quinn’s Boots

     

     

    Well Said,pally.

     

     

    Ye canny go wrang… in Being Hospitable.

     

     

    We need a miny new Subscribers as we kin get.

     

     

    Oor joab.. remember..

     

     

    Is tae Spread the woid…and Help.. CQN ..tae Grow.

     

     

    Kojo

     

    yer pal.who like ye aloater.

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