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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1,018 Comments- Pages:
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cadizzy
He still paid more than our war-mongering tax-dodging ex-PM
BlantyreKev says:
24 January, 2012 at 09:36
Haha.
“jimmybhoycampbell says:
24 January, 2012 at 07:35
Ron Bacardi says:
24 January, 2012 at 07:25
didnt we have a line that said ‘it was green white and gold with st.Patrick on the fold that’s the sash my father wore’
i cant remember it being sung at any games, maybe it was just made up by someone i knew.”
For those discussing this both the sash and follow follow were sung at every home match (late 50’s early 60’s). The words to the sash were indeed “it was green, white and gold with St Patrick on the fold”. Follow Follow did indeed contain the less than pc words mentioned earlier. These songs kind of replaced “Faith of our Fathers” and “Hail Glorious St Patrick” which were aired at every match in the early 50’s. Not sure when they faded out of use.
Morning folks. One day closer to the result of the tax case becoming known. The clock is ticking
kitalba says:
24 January, 2012 at 09:38
Will retrospective taxes affect us all?
…
What is certain is that backdating legislation is a cheap, quick and certain way of closing a tax loophole, and it may be irresistibly tempting for the government to use the same method again.
—
Unlikely to directly affect us all, more those that have exploited taxation loopholes, in which case: tough breasticles.
Kitbala
So what you are saying is that they are completely and utterly effed!!!!
Soooooooooooooooooooooooooooooo saaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaad, soooooooooooooooooooooooooooooo baaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa!
Ron Bacardi
Not only did we sing Follow, Follow ( It died out as Hail, Hail took over) but we also sang The Sash (Green white and gold with St Patrick in the fold) and the Billy Bhoys (Hullo, Hullo we are the Timaloys). Faith of Our Fathers also got fairly belted out but we were all very religious then o:-)
JJ
PS The Bells of Hell chant was a particularly venomous little number!
Kit I hope you’re ok pal.
Were you asking about the Thai Tims visit the other day?
No date as yet as the GCF are still organising and trying to find cheap flights for the 49 travelling. It will happen though. Let’s hope they can get it sorted for a championship celebration. The way the huns are imploding, they better be quick!
:-)
HH
As we are on politics. Anyone catch Alex Salmond’s expectation that Scotland would become a “beacon of progressive opinion?” Some politicians just remove the need for satirists.
Drogheda
I must have been typing mine as you were posting!!
JJ
.
Honest Mistake costs Nadal 1st Set..
Summa
greenjedi
You need to stop playing crazy golf at excape.
:-))))
MWD
Barrach Obampot:
If I was a betting man I’d bet they’ll fly Emirates. I know that subsided rates have been offered by at least one other airline but to date nothing has been accepted.
Barrach Obampot says:
24 January, 2012 at 09:40
“cadizzy
He still paid more than our war-mongering tax-dodging ex-PM”
What bothers me about that is the claim that 11/12ths of it were expenses.
Let’s hope they get it sorted soon Kit. It will be wonderful to see them at Paradise.
Silver City Neil Lennon
pmsl
offtoworkcsc
Just noticed Celtic are now 5 to one ON to win the title!! What were we in early November when 15 points behind?
JJ
cadizzy
It must take a lot of detegent to wash all the blood of his hands.
opps
detergent even
cadizzy says:
24 January, 2012 at 10:08
Barrach Obampot says:
24 January, 2012 at 09:40
“cadizzy
He still paid more than our war-mongering tax-dodging ex-PM”
What bothers me about that is the claim that 11/12ths of it were expenses.
………………..
What bothers me is that the taxman agreed with him!!!
oops, detergent even
………………………………………………..Good Morning CQN………………………Lady ticket inspector on my train has the faint outline of a moustache – but sadly yes, it’s a moustache.
Barrach
” A little water soon clears us of this deed.” Lady Mac
JJ
……………….Neil Lennon (Official) says he’s delighted to have secured Ibrahim’s work permit and he’s off to watch him play in a bounce game in Leeds.
*sorry don’t know if Mo (the bounce) is also playing*
BSR
Did you notice it when she was looking at your man-boobs ? o:-)
JJ
Jungle Jim
There is not enough water on this planet to wash the stains from that b*stard’s actions.
Ciao—–
Cisse ?
Lots of Cisse to Celtic in the summer stories in today’s Italian fitba media.
No sources cited , no direct quotes apart from these —-
” If it doesn’t work out at Lazio , I will go and play in America “—- Cisse.
” He needs to wake up , he isn’t playing in Greece now ” —Reja, Lazio Manager.
For what it’s worth —- he started well at Lazio but then seemed to lose interest/desire etc.
Sunny but feels cold -way down south
Jungle Jim
*one to be watched for remembering my man boobs*
Can’t be much of a jeu du rebond if ole Mo doesn’t feature.
More bounce in ole BSR’s Beyoncesque moobs.
Bhoys,what is best buy,laser or inkjet printer? ta
What with a lady sporting a moustache and a man with boobs, it could easily be an episode of My Transexual Summer (except for the weather,obviously)
I think Shakespeare puts it slightly differently. Something like :
” All great Neptunes oceans will not wash the blood from my hands.”
I think yours, a little less poetic, is , nevertheless, a tad more powerful!
JJ
Cadizzy
Your transexual summer? Do tell.
JJ
!!Bada Bing!! Kano 1000 says:
24 January, 2012 at 10:18
Bhoys,what is best buy,laser or inkjet printer? ta
I’d play 3 at the back in certain home games to be honest mate. As long as you’ve got pace you will cover the counter attacking teams. Very few opposition teams play with wingers, or even attacking wide players at all, so 4 at the back is not always necessary. Would allow you to play Commons or Paddy off the front two and still have a solid midfield. Dynamite.
For high volume its laser. Otherwise Inkjet for home use.
Jungle Jim,
I’m sure at least one poster on here got money on at 11/2
I know we sang those non-pc songs but I do’t remember them being done regularly and loudly. Much more acclaimed were Celtic Cha Cha Cha and the Wild Rover.
Two wee stories about the hymns. My Dad, like most Tims in Parkhead, were conscripted. (The loyal were given jobs in the Forge, which exempted them.) They were sent to Orkney for basic training. While there, a big fight broke out. The officer asked the pipe major to play something to break it up. What did he choose? Faith of Our Fathers…..
When we moved into the new St Michael’s (in 1960) in Springfield Road, Miss Brogan instructed our class to sing Hail, Glorious St Patrick as we would in Church and not as they do over there (indicating Celtic Park).
I am reading three books at the moment: “The Catcher in the Rye” (re-read), Dostoyevsky`s ” The Idiot” and ” We Are Celtic Supporters” by Richard Purden. Which one is favourite to mention Craig Whyte?
JJ
Bada Bing
What are you going to use it for?
Jungle Jim thank you kind sir.
You know the Bill Connolly joke that the Queen thinks the world smells of paint because ten feet in front of her is a guy with a paint-brush?
Well with the amount of blood dripping from Bliar’s hands, he must think it smells like an abattoir.
Away to work.
HH