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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1,018 Comments

  1. Morning bhoys,

     

     

    So much for ‘The Warchest!’ One out, One in…

     

     

    ‘Rangers will offer Estonian defender Enar Jaager a contract within a day to keep him from going to Leeds, while Kirk Broadfoot may move to Bristol City. Matt McKay could move to China or Korea and Juanma Ortiz may return to Spain or sign for Lech Poznan in Poland.’

  2. salford

     

     

    “to sing Hail, Glorious St Patrick as we would in Church and not as they do over there (indicating Celtic Park).” . That made me smile. I have a strong image of you and your fellow pupils really belting it out a la Celtic crowd!

     

     

    Gordon J. Really? 11/2 ? Wow!

     

     

    JJ

  3. Translated from a Lazio site.

     

     

    The season is still long, there are still four months to the end of the season and a whole group, then it is hoped that the adventures in Europe and League Cup in Italy are still durable. As a result of time to catch up there. Djibril Cisse, however, still seems to have fallen in the Italian situation: after an encouraging start, the Frenchman was lost and now came the first criticism from fans and the public. A single goal in the championship, a prize too thin for a striker arrived with the reputation of the sample and also an attitude that is indigestible to many. If his season does not live a turning point in recent months, it is logical to Lazio that the player will look around for the future. Lotito has made ​​a major investment for Cisse but if things do not change the reflections would be a must. It ‘clear that up to June, the French will not move but then who knows from abroad and in the meantime the rumors continue to chase. The latest comes from Scotland and located in France, where the bank is the site Le10Sport.com restart it: Celtic would be on the trail of Cisse for June. Last week, Cisse had expressed a desire to play in the future, the United States and its future is unknown. Lazio wait, Djibril has focused on a lot and would like to see rewarded his confidence. If things go on like this, however, a farewell to summer seems the most likely hypothesis but a revival of the Black Lion would change all the cards on the table.

  4. Jungle Jim says:

     

    24 January, 2012 at 10:25

     

    “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?”

     

     

    That would be the almost eponymous “The Idiot”

  5. Possibly the most curious aspect of rtc is its coverage in the Scottish media. With the exception of a single BBC programme Rangers’ present fix has been presented as some kind of tragic accident – an act of God like lightning or floods. There is no sense that Rangers may knowingly have persisted in doing something wrong or illegal.

  6. Former Rangers defender Michael Ball has been fined £6,000 by the Football Association for making homophobic comments on Twitter.

  7. Ouite funny, watching Ragers trying to get players out the door and off the wage bill to create the illusion, for The Daily (Rangers can be Kings of Europe) Record masses, that they are ‘swooping’ during the window.

  8. Fritzsong

     

     

    The huns can’t even understand that even though something maybe legal it can still be the wrong thing to do. They see everything in black and white.

  9. Fritzsong.

     

     

    You’ve hit the right note there.

     

     

    The trouble is most of the sports hacks are probably just supporters in some shape or form, or have an interest in all this not coming to pass……so they are all singing the same tune, by and large.

     

    I beleive the tune is catchily called ‘Denial and Obfuscation’ but sung to the tune of The Bluebells are Blue.

     

     

    It’s quite amazing that the Great Architect of their downfall and his confederates have been allowed to exit the stage with so much obliging privacy and the requisite ‘dignity’.

     

     

    We would be afforded no such courtesy.

     

     

    Shameful.

  10. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS on

    kindred spirit says:

     

     

    23/01/2012 at 4:14 pm

     

     

     

    If RFC go tits up and are forced to start in div3 then maybe the so called fans who joined them at the start of the Souness era,claiming to be life long teddy bears,will then return to their original home town teams

     

     

    just a thought

     

    ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

     

     

    A repost from RTC.

     

     

    It brings back memories.

     

     

    I couldnae walk down the road without tripping over paving slabs that the buggers had crawled out from.

     

     

    And as for the three successive home games where their cumulative attendance didnae breach five figures,well,I must have met all <10,000 of them.

     

     

    Cos they all deny that such crowds happened,and they were all there!

     

     

    Maybe I should just pick my friends better….

  11. I don’t often read the Daily Record but was looking for what Stuart McCall said about the BBC and came across their “gossip” page. The first couple of paragraphs are startling:

     

     

    RANGERS are set to offer Estonian defender Enar Jaager a contract in the next 24 hours in a bid to ward off late interest in the player from Leeds United. (Daily Express)

     

     

    GERS boss Ally McCoist is expected to finance the deal by offloading several fringe players with Kirk Broadfoot linked to Bristol City and Australian midfielder Matt McKay weighing up a move to China or Korea. Flop Juanma Ortiz could also head home to Spain or sign for Lech Poznan in Poland. (Daily Express)

     

     

    This boy Jaager must be something special if they have to offload 3 players so that they can finance the deal

     

     

    ST JOHNSTONE and a number of clubs in England are keen on signing Rangers striker David Healy. (Daily Express)

     

     

    Wouldn’t it be funny if St Johnstone signed Healy and Rangers still couldn’t afford Sandaza

     

     

    Mort

  12. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS on

    voguepunter says:

     

     

    24 January, 2012 at 08:26

     

     

    BOBBY MURDOCH’S CURLED-UP WINKLEPICKERS says:

     

    24 January, 2012 at 08:17

     

     

    Mind me not to get on the wrong side of you.

     

    Are you Sicilian by chance?

     

     

     

    share

     

     

     

     

     

     

     

     

     

    Allgreen says:

     

     

    24 January, 2012 at 08:29

     

     

    BOBBY MURDOCH’S CURLED-UP WINKLEPICKERS

     

     

    Don’t get mad, get even?

     

     

    ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

     

     

    Cheers,fellas.

     

     

    When yer a Tim in Kilwinning,a few things become second nature.

     

     

    Stood me in good stead over the years…..

  13. Fitzsong @ 10:33.

     

     

    The BBC docu was more about Whyte than rangers. So still no in depth investigation into ‘The Murray Years’

  14. This morning I posted reports that West Ham had a bid of £4m accepted for Jelavic – should have said £7.2m.

     

     

    Apologies for the error (and any unfounded, albeit enjoyable, giggling)

  15. cadizzy

     

     

    Too right it is, they are like a wee boy in the playground trying to swap his doublers, aided and abetted by STV, Snyde yada yada et all.

     

     

    When (and if) they get rid of Sellavic for a reported 9 million, (which will be of Hutton proportions i.e. 1 mill up front the rest pay you

     

    later) – they’ll swoop for Sandaza (who’ll be pre warned never to make the sign of the cross again – ever) remember the ole transfer style guide rule

     

    one.

     

     

    (1) Rangers FC do not ‘buy’ or ‘sign’ players. They ‘swoop’ for players. The extraordinary nature of these swoops must be emphasised at all times by preceding the word “swoop” with at least one of the following choices – ‘sensational’ ‘stunning’ ‘exciting’ ‘audacious’ or ‘ambitious’.

  16. Not a big fan of Stephen Fry -not the clever clogs some folk make out- but on Q.I the other night he featured how tax avoidance is dealt with in Pakistan.

     

     

    If a business , such as a restaurant , is behind in its taxes then they arange foe a group of transexuals/transvestites to frequent it, affronting the other customers until the owners pay their dues to the ole revenue.

     

     

    Could it work over here?

     

     

    DBBIA/L-O-L-A-Lola CSC

  17. up_over_goal says:

     

    24 January, 2012 at 10:51

     

    This morning I posted reports that West Ham had a bid of £4m accepted for Jelavic – should have said £7.2m.

     

     

    Apologies for the error (and any unfounded, albeit enjoyable, giggling)

     

     

    ……………

     

     

    Even if it is £7.2m you need to deduct the couple of million owed to that scumbag team from Austria, Jelavics cut (he didn’t ask for a transfer) and his agents fees.

  18. Tom McLaughlin says:

     

    24 January, 2012 at 04:46

     

     

    I am sorry to say that Follow, Follow was a regular part of our repertoire for a lot of years. Our version was no better than theirs.

     

     

    Follow, Follow, we will follow Celtic.

     

    Everywhere, anywhere, we will follow on.

     

    If they go to Derry’s Walls, Ibrox Park or the Orange Halls

     

    Up to our knees in Orange blood we’ll follow on.

     

     

    Thankfully we have long-since moved on.

  19. !!Bada Bing!! Kano 1000 on

    bk-thanks

     

    greenjedi-small business and home use mate,seen a good deal for a 3 in 1 in argos

  20. Got a good feeling that I’m gonna be a winner on the EuroMillions tonight.

     

     

    If so, I will ‘swoop’ and buy the Ragers FC outright.

     

     

    1 main number plus 2 lucky stars should do it

     

     

    Regards

     

     

    BH

  21. Big Swee walks on with Neil Lennon on

    Good morning all from a rainy Tottington. I swear this place is wetter than Glasgow. Wrong side of the Pennines :o(

     

     

    Methinks the remainder of the season is going to be very interesting and hopefully some of the new signings will get the chance of a run out to let us see what they can do.

  22. googybhoy ♥ Celtic and Integrity says:

     

    24 January, 2012 at 10:53

     

    Just heard.a woman on Radio Manchester talking about dogs saying ” 99.9% of them are ok. It is the 1% that is the problem”

     

     

    I blame English schools.

     

     

    …………..

     

     

    Its not the dogs that are the problem in that 0.1%, its the owners!

  23. Bobby Murdoch..

     

     

    I have been invited to a wedding in Kilwinning on 3rd March.Guy is from the darkside and i believe the reception may be in a Rangers Club..

     

    Does such a place exist??

  24. Bada

     

     

    Depending on the amount you print I’d say go for the Laser as if its for work they are much faster and time is money as they say.

     

     

    :-)

  25. Moonbeams WD. Kano 1000 \o/ Supporting Neil Lennon 100%. says:

     

     

    24 January, 2012 at 10:49

     

    StewartReganStewart M. Regan

     

     

    Interviews start today for a new Director of Football Governance & Regulation. Final piece of the jigsaw in my new senior mgt team.

     

    £~££££££££££££££££££

     

     

    First question is.. What school did you attend?

     

     

     

    Pity Dallas is not about. Ideal job for him?

  26. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS on

    ibleedgreenandwhite1 says:

     

     

    24 January, 2012 at 09:05

     

     

    Morning Ghuys

     

     

    Does anyone know if there is a link to the guy who phoned into Clyde last night accusing Guidi of being on CQN/RTC under the name of Mark Mcgee????

     

     

    Hail hail

     

    ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

     

     

    I was on the site when the post came through,and as I recall,RTC was on it in a flash.

     

     

    It was fortunate he was monitoring the site at the time,which he clearly cannot do 24-7,otherwise other well-meaning and informed contributors may have inadvertently done the dirty work.

     

     

    As RTC suggested was the initial intention.

     

     

    Alternatively,Guidi didnae have the brains to post a few innocuous remarks prior to the main one,as RTC holds all virgin posts in moderation.

     

     

    Just goes to show what a bunchachoobs we have running the agenda in the MSM.

  27. !!Bada Bing!! Kano 1000 on

    Gordon_J backing Neil Lennon says:

     

    24 January, 2012 at 10:54

     

    Imagine if we had signed as many flops as the huns have – Ortoz, Mackay, Bedoya, etc.

     

     

    Can you imagine the headlines attacking Neil Lennon for lack of judgement?

     

    Not to mention the massive points turnaround in a couple of months.

  28. Dontbrattbakkinanger says:

     

    24 January, 2012 at 10:54

     

    “Not a big fan of Stephen Fry -not the clever clogs some folk make out- but on Q.I the other night he featured how tax avoidance is dealt with in Pakistan.

     

     

    If a business , such as a restaurant , is behind in its taxes then they arange foe a group of transexuals/transvestites to frequent it, affronting the other customers until the owners pay their dues to the ole revenue.

     

     

    Could it work over here?”

     

     

    Provided we maintain our population of ladies with moustaches and men with boobs, I think we have sufficient personnel. I’m not sure if men with boobs will provide the right kind of “affront” though.

     

     

    DBBIA/L-O-L-A-Lola CSC