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. I don’t remember ever seeing Jorge Molina play. He is a big lad, but he has played most of his games and scored nearly all of his goals in the lower divisions.

     

     

    His best seems to have been last season in helping Betis win promotion, 22 goals in 41 games for the season, and before that 27 in 39 for Elche at the same level, and 30 in 74 games for Poli Ejido in two seasons before that, also in the second division.

     

     

    Another point that will have escaped the mainstream media here is that, when Jorge Molina moved to Betis in 2010, it brought him under the tutelage of Pepe Mel. Pepe Mel scored barrowloads of goals for Betis, 50 in 112 games. Around 1990 when he was at the top of his game, Betis fans took a banner into the ground encouraging people to stop saying ‘Gol’ when Betis scored, but to start calling each score a ‘Mel’ instead.

     

     

    It’s a shame for Jorge Molina that he hasn’t really had much game time in the top flight this season, but he will have become a better player under his current boss.

  2. Voguepunter

     

    Yes, My brothers and I also. Eddie has subsequently been to my father’s and latterly my sainted

     

    sister’s funerals…both of which were with Eddie on good form finished up in Heraghty’s as a fitting

     

    salute two great Tims.

     

    breakingmyheartcsc.com

  3. !!Bada Bing!! Kano 1000 on

    Interesting……@GrahamSpiersGraham Spiers

     

     

     

    Let’s see what January 31 brings for Rangers. But I now think Ally McCoist could prove a rarity – a manager who is willing to walk away.

     

     

     

     

     

    1 minute ago via webFavoriteRetweetReply

  4. This will be staggering if it comes out in court about the TFOD players

     

    Having 2 contracts.

     

    Smith (ex SFA now TFOD), Ogilvie (ex Fartz TFOD now SFA)

     

     

    Where does it end? Will they try to cover it all up? I need a lie doon,

     

    it’s worse than an episode of soap….

  5. Kojo

     

     

    You are welcome.

     

    I saw few posts about Badr El Kaddouri speaking for Daily Record.

     

    I’m here for a few years and when read somethink like that in the press I can’t belive why the journalists can get money for the that awful job they are doing.

     

    In Daily Record we see Badr El Kaddouri who blames Celtic and Scotland. The truth is he loved his time at Celtic and speaks very well about the club and people who he met.

     

    He was not a hero player but did his best. No reason to make a dragon of him.

     

     

    I also read Jaroslaw Fojut interview given to The Sun. The Sun said: He told us that wants to be the here like Boruc etc. In his interview for the Polish press Fojut said that never spoke to The Sun.

  6. JimmyQuinnsBits on

    Rancho,

     

     

    Lost my sister two years ago… too young. Sometimes the blog feels too public, but I know what ur goin through.

     

     

    Or maybe I don’t, suppose its probably different for everyone.

  7. RANCHO FRANCO George Croziler i didnt know him personaly.but my brother-in -law Big John M new him well ,what was the name of the pub he owned just along from the Victoria heading towards farme cross .

  8. pablo68 21.46

     

     

    Ur pullin ma chain. If they do they can pull the one in Coatbridge down!! It will be M T!!!

  9. Ard Macha

     

     

    Read a couple of Spanish sites today and they are just reporting that our press are stating we are interested and the price from the article. Nothing concrete.

  10. Good to see the Hun being treated with appropriate contempt.

     

     

    Well done P8ddy.

     

     

    Intelligent smackdown.

     

     

    Tim, TKO.

  11. T T

     

     

    They even had to paint some of the lecky boxes grey as the were dark green cos they were tanned!!

  12. Just a quick comment before retiring for the night. A few posters have suggested selling James Forrest for £ x would be good business because we could then buy two or three players.

     

    a) We would be stupid to sell James anytime in the next couple of years;

     

    b) Who are the players we could get for that money who are better than we already have (and would add more to the team than JF does?;

     

    c) Why are we talking about a made up media story? Zbyszek has just shown why we should ignore the Scottish Media.

     

     

    Good night, all.

     

     

    JJ

  13. !! Bass Bing!!

     

     

    Posted earlier I was told Aunt Sally raging as all these Free’s showing up to train and rangers no intention of offering them contracts. The place is a circus.

     

     

    HH

  14. ASonOfDan

     

     

    I will reiterate what C1st says about Molina, and it’s all stems from the scottish media.

     

     

    The hacks in scotland know nothing about Celtic’s business and they are clutching at straws, Lustig, Foyoot and Ibrahim they knew nothing about, the club are going about their business the right way.

     

     

    And the price of 2.3 mill quoted, not a hope, if we were in for him we could get him for less than 1 mill, Betis are not in a position to command any more, C1st may contradict me on that, but Betis are skint, and every euro is a prisoner.

  15. Kelvinbhoy

     

    I can’t remember which brother of the two you speak…but in the late seventies en route to Corfu

     

    we stopped off in Ealing Broadway..just the eight of us including Eddie and three Taggart boys and Eddie’s big brother who was lodging with an elderly dowager accomadated us all within her semi luxurious appartments with ease despite our apres reggae local club night activities.

     

    My brother Harry upon his return from Greece was diagnosed Diabetic due to the bite sized chunk of

     

    lost flesh the raving choppers a mad Greek his anger at being disturbed from murdering his wife by my brother.

     

    It’s embedded but still comically Timish

     

    HH

  16. My dear,dear,dear,friend..Mr.Z

     

     

    Like Ah said,pal..

     

     

    You are A Treasure!

     

     

    The Scottish…and even.. Some of the English Newspapers..

     

     

    are Extremely Anti- Celtic.

     

     

    and Slant their Stories,to always put Celtic in a Bad Light.

     

     

    This Forum..CQN..wiz started by .. Sir Paul.. for that Very Reason..which

     

    Ah hiv Jist Given…and of Which You have also Found oot..

     

     

    The Celtic Fitba’ Fans.. Nay.. ALL…The Scottish Fitba’ Fans…

     

     

    Because, of Sir Paul’s Wonderful News Vehicle..

     

    ” Celtic Quick News.”

     

     

    Can come oan this Site..

     

     

    and..

     

     

    Read the Truth..

     

     

    And they are able tae dae that..

     

     

    Because of Honest and True,Fellows Like Your Good Self.

     

     

    Who do not Hesitate.. to Give us..

     

     

    The True “Skivy”.. not the “Doctored” .One…regarding the

     

    latest Fitba’ News..as Pertains tae Celtic.

     

     

    Thanks Again,pal..

     

     

    Kojo

     

    yer pal..who thinks ye are a Treasure.

  17. Mark \o/ McGhee's \o/ Eyeliner \o/ on

    My ears were burning earlier and know I know why lol!

     

     

    Just to let you all know I’m not Mark Guidi.

     

     

    Auldheid and Terrry o will confirm that :-)

     

     

    Hail hail

     

     

    MME

  18. Signings or rumours

     

     

    Spannish press reporting a 2.3 million euro bid to Real Betis for defender Jorge Molina,

     

    French press linking Celtic with a move for ex Liverpool Striker Djibril Cisse.

     

     

    Neither seems plauable or affordable to me

     

     

    HH

     

     

    MM

  19. The Honest Cover-up on

    !!Bada Bing!! Kano 1000 says:

     

    23 January, 2012 at 22:20

     

    Interesting……@GrahamSpiersGraham Spiers

     

     

    Let’s see what January 31 brings for Rangers. But I now think Ally McCoist could prove a rarity – a manager who is willing to walk away.

     

    —————————————–

     

    Dammit. Surely the Beeb not commissioning yet ANOTHER game show!

  20. JimmyQuinnsBits on

    Bhoy67,

     

     

    Molina seems very plausible. See TETs comments about Betis. He also fits lennys description of the type of striker he is lookin for, to a tee.

  21. BT

     

    printers are like microwaves to me i don’t have one !

     

    He looks like a cross between Jinky and Peter Grant

  22. The Battered Bunnet on

    Oldtim has never been 42 years old.

     

     

    He was born aged 56 nearly 68 years ago, and consequently has always been the same age as Celtic FC.

  23. JimmyQuinnsBits says:

     

    23 January, 2012 at 22:49

     

    Bhoy67,

     

     

    It was more the money I found implausable, would love to be wrong,

     

     

    Dont see PL finding the cash, unless………………………………….other moves out are afoot

     

     

    HH

     

     

    MM

  24. whitedoghunch.

     

     

    Was that picture the junk mail you mentioned.

     

     

    Taken in the Persian Gulf on board a tanker,Mad Mitch was going off his head at that time,guns going off all around Aden,and surrounding area.

  25. tommytwiststommyturns on

    TBB – are you saying that the auld yin has been pickled?

     

    Might not be far from the truth there….! :-)

     

     

    HH

     

    TTTT

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