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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London Calling
The whole of Kilwinning is a Rangers Club!!!
greenjedi
If it happens, it’ll be good and bad for Rangers – good in that they wouldn’t have had to wait until deadline day for a humiliating climbdown and possibly zero/minus profit on the player, bad in that they remain a basket-case, for whom all news is bad.
Craig Whyte is so poor that one day I saw him walking down the street with only one shoe on. He was hobbling along (as one does when only wearing one shoe) and looking a bit upset so I asked if everything was ok and did he lose a shoe. He looked up and cried and said, “No, I found a shoe”.
Mort
Love how the hacks attempt to talk up the irc!
Bosnian strike star they say in the sun
If he really was a star he wouldn’t have been released by TOP side POAK salonika
Lol
And if he was a star he wouldn’t have been without a club since may 11
Celtic will win the treble if they sign Cisse. He would run riot in the SPL.
Gordon_J backing Neil Lennon says:
24 January, 2012 at 10:24
I don’t think they were ever more than 11/4 during this season.
I took the 5/2.
I did average over 11/2 in the Wim Jansen year when I bet them fairly robustly on 3 different occasions. That was the last time I got involved in betting on the title before this season.
greenjedi says:
24 January, 2012 at 10:57
—————++++++—–+++++—–
I agree 100%.
MACJAY 0927
THE BELLS OF HELL?
Nothing wrong with them words,always got the crowd going.
Mind,they didnae ring for us,but I bet if you started that chant nowadays on a matchday in any number of Celtic bars,you would get the place rocking!
googybhoy ♥ Celtic and Integrity says:
24 January, 2012 at 10:58
“First question is.. What school did you attend?
Pity Dallas is not about. Ideal job for him? ”
Oh come on! Things have moved on and I can vouch for that. Nearly 20 years ago, I had an interview here in Capital, Foreign with 2 partners from the Glasgow office of a big 4 accountancy firm re a job back hoime. There was no mention whatsoever of what school I went to…
….though they did say. “Mooney, that’s an Irish name, isn’t it?”
Subtle, very very subtle!!
GreenJedi
Went there for a night last year,but arrived too late to go out…sadly!!
Guy is a big Hun,but he’s not a bad lad really.
He did say something about it having the oldest Lodge in Scotland.
BOBBY MURDOCH’S CURLED-UP WINKLEPICKERS says:
24 January, 2012 at 10:59
ibleedgreenandwhite1 says:
24 January, 2012 at 09:05
i have followed RTC from the off; i’ve missed this?
did guidi get caught out as a poster? what happened?
Mort
Craig Whyte, Brogue Trader
Probably a long shot,but
Could anyone see clubs making enquiries about Andy Carrol on loan til the end of season?
No matter how he is derided for the crazy £35m price tag,he is a very good player who maybe needs a change of scene.
I’m not changing his hair to green until we have more confirmation from ole Mo Bangura with whom Djibril Cisse is in advanced talks about the decreasing standards of Hairdressers in and around Parkheed.
.
In Greece up Until the 60s the Greeks Avoided Paying Land Tax.. if your Front door was Not Painted the Property was ‘Unfinished’..so No Tax..
The Tax-man got Smart and they Would go round after Midnight and Paint the Front Door..And Leave Tax demand..
Greek Parliament Passed a Law stating the Front Door did NOT Need to be Painted..
The Greek Tax Erasers then Found out if You had Re-Bar sticking Out the Roof of Your House the Property was ‘Unfinished’..
Is the Front Door @iPox Painted..? Is there Re-Bar on top of Broomlan road..?
Summa
Gordon_J at 10:54
!!Bada Bing!! at 11:00
Aye: and how about some managerial stats, too?
Manager – Games – Won – Drawn – Lost – % win
PLG ………….31 ——— 16 —— 8 —— 7 —— 51.6
TFPLG…….. 27 ——— 17 —— 4 —— 6 —– 62.3
NL …………. 62 ——— 48 —— 6 —— 8 —— 77.4
The best bit is, the Foe Malign probably can’t afford to sack Swally.
FF
BLANTYRE KEV 0929
I’m pretty sure that I know the joke,having been told it about three months ago by someone who is unlikely to tell it again.
It isn’t told in order to make people laugh,it is told to get a reaction.
In that respect,it works.
If you want to know it,ask PAUL67 for my e-mail address-forbearance,Paul67,and thanks if required,-and I will send you it.
Be warned,it will upset you when you remember it is meant as a missile.
Jim Traynor sets up his own Newco
http://www.jymtraynordrivingschool.co.uk/
Dontbrattbakkinanger says:
24 January, 2012 at 10:54
See that Stephen Fry. See yon Emperor’s new clothes.
And he’s on everything.
Folly Folly
Neil Lennons stats since March 2010 are:
96 games – 222/288 = 77.08%
FPLG is more like 66%
Luca Toni’s wife is expecting. This is the fly in the ointment that is holding up a move to Celtic.
via Celtic Underground
p.s. not bun in the oven?
bournesouprecipe says:
24 January, 2012 at 10:53
Agreed. As well as all the swoop, audacious signing, plucking them from under Barca’s nose, etc…..do you notice that their targets “jet” into Glasgow as opposed to us mere mortals flying in.
I guess that will have to change soon to buses or trains….
The LL are so funny but predictable.
Folly Folly,
If he keeps having trialists foisted on him and isn’t allowed to spend any money, McCoist might be on the phone to wee Sue looking for his old gig back
bsr
Penne in the linguine?
Rangers Tax Case
Luca Toni, awe naw no anither over the hill tally oan an naw noo…
bourne
was does it say?
I’m in Aberdeen tonight on business if any bhoys want to meet up for a beer and a chat about all things Celtic.
It’ll be lonely without the wife and kids :(
Celtforlife
Cultsbhoy ‘ll be right up for that.
MWD
BARRACH OBAMPOT,and others.
I resigned from the Labour Party when Blair became leader,and did not vote for him in the three elections which followed-though I didn’t vote against him.
He got Labour into power in 97 with a faffin HUGE majority,and the new Government set about undoing the wrongs of the previous 18 years.
Probably not as quickly,nor as deeply as I would have liked,but nevertheless,it was a task which they faced head-on.
Investment in education,health,welfare,re-employment. Our country had grown unused to this,and now we had it.
He made only one mistake,and I’m sure he knows what it was.
It was hubris.
Alright,two-thinking that Murdoch was his bestest mate.
The country would have been totally f….d by now if the tories had been in charge during the financial crisis,and probably will be even now.
up_over
bene bene
greenjedi
Sorry, – silly image I conjured up
Cheers Danny, ill need to mail him though
Moonbeams WD. Kano 1000 \o/ Supporting Neil Lennon 100%. says:
24 January, 2012 at 11:34
Celtforlife
Cultsbhoy ‘ll be right up for that.
++++++++++++++++++
He will not be out late on a school night.
Wait a minute… your best mate… clutsbhoy???
Can’t believe I fell for that!!!
Luca Toni —— ?
” I would go back to Bayern in an instant ”
Luca Toni 23 01 12.
These days he moves like a built in wardrobe
All these trialists at Ipox.
Does Craig Whyte pick them up in the High Court?
The resurgence of trials is an odd one.
It’s never in a competitive match situation and is over a very short period when other issues of tactics and training ahead of a game are occupying time and thoughts of the manager and coaches. I can understand it to test fitness and if the player can stand up to a week of rigorous training but to assess quality must be high risk compared to scouting reports over a period.
It can be obvious when a player stands out above the others in any situation, but the need for these sort of players to go on trial would be almost non existent. Ivan De la Pena comes to mind. He and his advisers were absolutely raging when it was labelled a trial, he understood that if he proved fitness the deal was on the table.
Now this may be predictable as a Celtic supporter, but I’d suggest our new boy Rabiu may prove to be one of the rare cases. His career has stalled but all the reports are of a bit of player. The trial would therefore perhaps not to be to assess his skill and ability, but how he handles the company and the surrounds, is his head in the right place. Similarly Andre Blackman. Any other trialists we’ve had were always long shots. The huns are just looking for new faces, repeating the same mistakes as McKay, Bodoya etc
It would be interesting to know the thought process in giving a trial. Is is panning for gold among ‘rejects’ or is it new/revised thinking recruitment. I know how to find out and will revert when I’ve spoken to my inside man at Celtic Park in a couple of weeks.
Hail Hail
Now that Mark Wilson is back playing for Celtic reserves (already) I’m looking forward to ole up_over’s team selection dilemma
Wilson
……….
Lustig
……….
Matthews
…………..
Cha
……………
*note the dot’s*