Parma liquidation precedent would work against Rangers

1018

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. CELTIC are delighted to announce that Rabiu Ibrahim has been granted a work permit, allowing him to complete his move to the club.

     

     

    The gifted 20-year-old midfielder agreed a three-and-a-half year deal with the Hoops last week. The Nigerian youngster, who´d previously been at PSV Eindhoven, has starred for his country at U17, U20 and U23 level, and arrives with a glowing reputation.

     

     

    Speaking to the official website after the deal was completed last week, Neil Lennon said: “We have been very impressed by Rabiu. In my view he is a highly-talented and exciting young player and someone who will be a tremendous addition to our squad.

     

     

    “He is a playmaker, well-balanced and a very intelligent footballer. We are really looking forward to him joining us.”

     

     

    Exclusive interview with Rabiu Ibrahim to follow on the official Celtic website later today.

  2. James Forrest is Lennon says:

     

    23 January, 2012 at 14:09

     

     

    What if Dermott is ok with it? Or isn’t bothered?

  3. the long wait is over on

    2 questions for paul67 or anyone else-

     

     

    is the strength of feeling about how Celtic react to any attempt to give Rangers – assuming the lose the tax case to a degree making them insolvent – a soft landing the same on other websites and among the official CSAs?

     

     

    Assuming it is – and I’d be astounded of forehead if it weren’t – does the club get the message loud and clear?

     

     

    If the club fail to meet the fans’ expectation of how to react to an insolvency event the results could be far more detrimental to the shareholders both large and small (to whom the Board are of course answerable) in the long run than any short term damage.

     

     

    Such a failure could permanently alienate a huge section of the support and shareholders. A wholesale collapse in season tickets and share price – as many shareholders sought to sell their shares – is perfectly conceivable.

     

     

    Arguably an EGM should be called to gauge the shareholders views if the board felt themselves to be in any doubt.

  4. Truth;

     

    When you did 9IAR the corners were filled in, the club deck was built and the pitch was lowered.so,just wait till you see our completed 80 ,000 capacity stadium!

  5. Denmark defender Kris Stadsgaard will leave Spanish La Liga outfit Malaga after both sides agreed to cancel his contract, the club said in a statement on Monday.

     

     

    Stadsgaard joined Malaga in 2010 and went on to play 25 games last season, scoring one goal.

     

     

    He has yet to feature this term and the club announced that his contract, which would have run to the end of the 2012/13 season, had been terminated.

     

     

    A decent CB available for Free…

     

     

    HH

  6. Declan

     

     

    Welcome back! I’ve missed your posts. So glad to hear your suckint rightings. Keep them coming!

     

     

    HH

  7. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS on

    A SON OF DAN 1411

     

     

    Charlie Richmond?

     

     

    Jee-zoh.

     

     

    I would not expect him to be buying any beer next weekend.

     

     

    “That’s awright,Charlie,yer money’s no’ needed here!”

     

     

    On top of a grand in his hip,faffin’ disgraceful.

  8. James Forrest is Lennon on

    The Idiot says:

     

     

    If you believe that man, who has run this club on the basis of financial stability and spending only what we earn, will accept a deal which lets a club which did the opposite, and in the process cost us millions of pounds, walk away with a slap on the wrist, you are living up to your monicker.

     

     

    If we demand a judicial review, a full investigation into the SFA’s handling of this affair, we will have the machine of HMRC on our side, and I would think a significant part of public opinion outside Scotland.

     

     

    Think we won’t win? If the only real sanction we are worried about is UEFA punishing the whole of Scottish football, why should that stop us?

     

     

    Scottish football deserves it in those circumstances.

  9. ASonOfDan says:

     

    23 January, 2012 at 12:37

     

    James Forrest is Lennon

     

     

    Fantastic post once again. Earlier in response to Deluded4767, I stated when rangers were rank rotten in the early Eighties with attendances of 10000, Scottish Football absolutely thrived.

     

     

    Aberdeen and Dundee Utd reached European finals.

     

     

    They will not be missed…

     

    ————————————————————————————

     

     

    Attendances on the map page are for home league matches, 2009-10 season. Attendance was down at 9 of the 12 clubs last season, with only then-promoted St. Johnstone seeing a significant upswing (from 3,516 to 4,717 per game). Kilmarnock saw a modest +4.6% gate increase (of 245 per game), to 5,972, but that’s still well below their past-decade high of 9,422 per game in 1999-2000. This season {2010-11 attendances (ESPN Soccernet), here} Celtic is currently seeing around a 4,400 per game turnstile increase, to 49,000 or so per game, but still far below their modern era high of 59,353 per game, in 2000-01. All through the decade of the 2000s, Celtic was outdrawing Rangers, often by a 10,000 per game margin. But in the latter half of the 1990s, Rangers were drawing around 49,000 to Celtic’s 48,000. So last season was the first time since the late 1990s that Rangers outdrew Celtic. The basic reason is Rangers’ 2 straight Scottish titles, and Celtic’s two consecutive seasons without a major title. Hibernian has an exciting and improving squad (but are faltering this season, in the bottom half of the table), and have a new stand (the East Stand), and gates have increased. Hibs are pulling in around 13,000 per game this season, which is around 1,200 higher than their 2009-10 gate figures. Inverness Caley Thistle, promoted back this season, for their sixth season in the Scottish top flight, have seen crowds at 5,000, and that is equal to their best (which was 5,061 per game in their second season in the first tier and their first full season in their renovated stadium). Their Caledonian Stadium is right on the shore of the Moray Firth, and seats just over 7,000. Inverness are one of four clubs in the Scottish Premier League with a ground smaller than 10,000 capacity, and one of 8 clubs in the league with a ground smaller than 20,000. And when you factor in the giant capacities of Celtic Park (cap. 60,832) and Ibrox (cap. 51,082), and the crowds that the two Old Firm clubs pull in, you can see why the Scottish Premier League is one of the most lopsided and competitively unbalanced football leagues in the world. In the 1980s, there was hope that Dundee United (1983 title) and Aberdeen could break the monopoly of the Old Firm (until Alex Ferguson left Aberdeen to manage Manchester United, after he had led Aberdeen to a European Cup Winners’ Cup title in 1983, then back-to-back Scottish titles in 1984 and 1985); and in the early 2000s, Hearts looked like they could muscle in (until their owner went nuts, doing things like firing George Burley after he had Hearts start the 2005-06 season with 8 straight wins). These days no one talks of who could have even a ghost of a chance to wrest the title from Rangers or Celtic. It’s been 25 seasons straight that the title has been in the hands of the Old Firm, and the fact that Rangers or Celtic will win the title is a done deal from the get-go. And crowds are way down compared to a decade ago. Last season, the Scottish Premier League averaged, as a whole, 13,920 per game. In 1999-2000, the Scottish Premier League averaged 17,901 per game. That’s a drop-off of 3,981 per game.

     

     

    January 21, 2012

     

    Team Total Average

     

    1 Celtic 593,116 49,426

     

    2 Rangers 552,025 46,002

     

    3 Heart of Midlothian 161,294 13,441

     

    4 Hibernian 116,370 9,697

     

    5 Aberdeen 115,118 9,593

     

    6 Dundee United 92,299 7,691

     

    7 Motherwell 56,471 5,647

     

    8 Dunfermline Athletic 59,784 5,434

     

    9 Kilmarnock 64,177 5,348

     

    10 St Mirren 58,940 4,911

     

    11 Inverness Caledonian Thistle 46,632 4,239

     

    12 St Johnstone 47,027 3,918

     

    —————————————————————————–

     

     

    To compare the 1980’s against current attendance trends is ridiculous, we did not have the lure of Sky Television and the EPL to compete against. The influence iof the big spending English Clubs like Man City and Chelsea are turning the heads of our young generation. You are as likely to see Barcelona and Man U strips among the young than Rangers or Celtic strips.

     

     

    Some of our clubs are struggling to draw over a 1,000 for mid week games currently.

     

     

    The product is dying in its feet, and a Rangers less league would hasten the demise.

     

     

    The Celtic board know it too.

  10. BOBBY MURDOCH’S CURLED-UP WINKLEPICKERS

     

     

    Thanks to Saturday we will still be top of the league.

     

     

    HH

  11. MWD –

     

    my granny used to say “if you dont stop laughing you will do yirsel an injury”

     

     

    HAHAHHAHAHAHHAHAHAHAHHA

     

     

    ————————————

     

    1948-1949 – Scottish footballs highest avg attendance was in 1948 Season, avg over 20,000.

     

    Look at the spread of teams with really high figures, just out of interest like.

     

     

     

    No. Club Div Average

     

    1 Rangers FC 1 44.600 57,0%

     

    2 Celtic FC 1 37.205 77,2%

     

    3 Heart dlothian FC 1 28.014 23,4%

     

    4 Hibernian 1 27.267 -2,4%

     

    5 Dundee FC 1 24.523 17,9%

     

    6 Aberdeen FC 1 24.200 18,7%

     

    7 Partick Thistle FC 1 20.233 -0,2%

     

    8 Clyde FC 1 16.667 17,2%

     

    9 St. Mirren FC 1 16.533 21,9%

     

    10 Third Lanark AC 1 14.233 8,9%

     

    11 Greenock Morton 13.467 23,6%

     

    12 East Fife FC 1 13.133 99,0%

     

    13 Motherwell FC 1 13.000 3,4%

     

    14 Falkirk FC 1 12.233 7,9%

     

    15 Queen South FC 1 11.980 8,6%

  12. My order of preference should Rangers lose the FTT:

     

     

    1. The club is able to sell players and other assets, is able to economise sufficiently to meet its debts and carries on, perhaps including a period of administration.

     

    Failing that:

     

    2. The club enters liquidation, assets are sold off and Rangers ceases to be. A group of Rangers fans clubs together to start a New Rangers, applies for membership of the league and starts in Division 3.

     

    3. The club enters liquidation, assets are sold off and Rangers ceases to be. The current administration have prepared for this, buy up the available assets, start a New Rangers, apply for membership of the league and start in Division 3.

     

    4. As above except New Rangers apply to be automatically promoted to the SPL on the grounds that they are the people. The request is granted on the proviso that they are fined points for a number of years to represent their debt to gaining free entry to the SPL.

     

    5. As above except no points fine.

     

     

    Thus far, the debate in the media seems to be centred around a choice between options 4 or 5, with Celtic fans characterised as bitter, hateful characters hell-bent on “punishing” Rangers at all costs. Well I’m a Celtic fan and my preference is that they don’t go out of existence at all, but just pay off their debts and live within their minds. In fact, I’d have preferred it if they’d never cheated their taxes in the first place.

     

     

    Let’s get options 1 to 3 out there.

  13. No one got my Diego Della Valle joke.

     

     

    What has become of CQN? Estadio and Dick Byrne would have got it.

  14. Welcome Ibrahim!

     

     

    Looking forward to seeing you in the HOOPS!

     

     

    To be honest I would feel disappointed if our main rival disappeared. I do not think I would get the build up of excitment and then joy when we skelp them for any other team. Yes I enjoy great European nights but nothing beats beating them in Paradise (apart from beating them at their own cesspit).

     

     

    Therfore I would just like to see them brutally maimed.

  15. googybhoy ♥ Celtic and Integrity says:

     

    23 January, 2012 at 14:34

     

     

    Looked up my Saint for the day.

     

    saint David the 1st of Scotland gave Rutherglen

     

    the Royal burgh title.

     

    What a man.

  16. An interesting if long winded article, Celtic are mentioned as the club with the HIGHEST %AGE of expatriates(Foreign Players) with an incredible 84%! Outstanding scout network or a poor academy return.

     

     

    I will let you decide.

     

     

    HH

     

     

    Premier League beats Bundesliga on ‘club-trained’ players as Serie A flops.

     

     

    ‘club-trained player’ is defined as someone who has spent at least three seasons being ‘developed’ by a club between the ages of 15 and 21. The study considers how many such players remain at the clubs who developed them, or in other words, the extent of successful youth development by club / league.

     

     

    Across Europe, the leading 500 clubs have an average of 22.2 per cent of club-trained players. In the Premier League it is 16.2 per cent and in Germany’s top division 16 per cent.

     

     

    NB: A club-trained player is not necessarily and certainly not always of the same nationality of his club, but typically across Europe, most club-trained players at most clubs will be.

     

     

    Italy’s Serie A has a shockingly low level of club-trained players: 7.4 per cent, the lowest in all of Europe.

     

     

    The following figures show the situation in Europe’s ‘big five’ leagues, detailing the leading clubs by club-trained players in each of those nations:

     

     

    .

     

     

    SPAIN 24.7 per cent of club-trained players in La Liga. BEST CLUBS: Real Sociedad 62.5 per cent, Athletic Bilbao 54.2 per cent, Santander 44 per cent, Barcelona 42.9 per cent, Mallorca 37.5 per cent. Worst club: Getafe (Zero per cent).

     

     

    .

     

     

    FRANCE 22.9 per cent. BEST CLUBS: Sochaux 47.8 per cent, Montpellier 42.3 per cent, Stade Rennais 41.7 per cent, Toulousse 41.7 per cent, Bordeaux 40 per cent. Worst club: Dijon (Zero per cent).

     

     

    .

     

     

    EUROPEAN AVERAGE across 500 clubs in top divisions in 33 nations: 22.2 per cent.

     

     

    .

     

     

    ENGLAND 16.2 per cent. BEST CLUBS: Arsenal 38.7 per cent, Manchester United 37.9 per cent, Aston Villa 34.6 per cent, Liverpool 29.6 per cent, Newcastle 26.9 per cent. Worst club: Wigan (Zero per cent).

     

     

    .

     

     

    GERMANY 16 per cent. BEST CLUBS: Schalke 33.3 per cent, Bayern Munich 29.2 per cent, Bayer Leverkusen 24 per cent, FC Cologne 23.1 per cent, Werder Bremen 22.2 per cent. Worst club: Hannover 96 (4.6 per cent).

     

     

    .

     

     

    ITALY 7.4 per cent. BEST CLUBS: Atalanta 23.1 per cent, Roma 22.2 per cent, Fiorentina 17.9 per cent, Lecce 15.4 per cent, Juventus 13.8 per cent. (NB: Seven of 20 clubs have zero club-trained players). Worst clubs: Seven different clubs from 20 (Zero per cent).

     

     

    .

     

     

    An extract from the new study can be downloaded from the CIES website; the report is wide-ranging and includes detailed nation-by-nation analysis.

     

     

    .

     

     

    A random selection of the study’s other findings:

     

     

    League with highest % of club-trained players in Europe: Iceland (43.4 per cent).

     

     

    League with lowest % of club-trained players in Europe: Italy (7.4 per cent).

     

     

    .

     

     

    Oldest team in Europe: Milan, 30 years. Youngest: UC Dublin 20.94 years.

     

     

    Oldest league in Europe: Cyprus, 28.23 years. Youngest: Slovenia: 23.65 years.

     

     

    .

     

     

    Tallest team in Europe: FC Volyn Lutsk, 187.26cm. Shortest: Barcelona: 177.48cm.

     

     

    Tallest league in Europe: Germany, 183.25cm. Shortest: Israel 180cm.

     

     

    .

     

     

    League with highest % of active internationals: English Premier League (41.2 per cent).

     

     

    League with lowest % of active internationals: Republic of Ireland (0 per cent).

     

     

    Club with highest % of active internationals: Barcelona (81 per cent).

     

     

    .

     

     

    League with highest % of expatriates: Cyprus (70.3 per cent).

     

     

    League with lowest % of expatriates: Slovenia (13.8 per cent).

     

     

    Club with highest % of expatriates: Celtic (84 per cent).

     

     

    .

     

     

    Countries providing most expatriates (foreigners) across the top divisions in 33 biggest European leagues

     

     

    1 Brazil 528 players (-39 from last year)

     

     

    2 France 247 (-9)

     

     

    3 Serbia 228 (+16)

     

     

    4 Argentina 211 (-23)

     

     

    5 Portugal 132 (+10)

     

     

    6 Czech Republic 125 (+18)

     

     

    7 Germany 117 (+17)

     

     

    8= Spain 116 (+17)

     

     

    8= Nigeria 116 (+1)

     

     

    10 The Netherlands 101 (+11)

  17. What is the Stars on

    Posted earlier but in case anyone is interested in a bet here it is again

     

     

    Been given word for 2 each way Wolves

     

     

    Speedy Yaki 3.00

     

     

    Appleblossom Time 5.00

     

     

    Best of luck

  18. happy hamiltontim time birthday time timtime birthday thing.

     

     

    Declan is……………….

     

     

    drum roll…………

     

     

    31003

  19. Declan Is Neil Lennon 1888 Hates being 2nd on

    truth4767 – once angina you are spot on brother. but i reckon you are wasting your team. there are none so blind as those that dont want to listen

  20. Afternoon bhoys, the sun is shining 22 deg in the mountains, and hun free.

     

     

    Has been a good day, my CQN mag arrived today, Decky is back, the truth is hurting, we are 4 points above the tax dodgers, the young fella starts a new job tomorrow, and HT is another year older, happy birthday mi hermano.

     

     

    HH

     

    KTF

  21. What is the Stars says:

     

    23 January, 2012 at 14:41

     

    Posted earlier but in case anyone is interested in a bet here it is again

     

     

    Been given word for 2 each way Wolves

     

     

    Speedy Yaki 3.00

     

     

    Appleblossom Time 5.00

     

     

    Best of luck

     

     

    —————————–

     

     

    them horses will surely win being chased by each way wolves

     

     

    ;-)

  22. RaRa @ 14:35 said:

     

     

    ‘… I’m a Celtic fan and my preference is that they don’t go out of existence at all, but just pay off their debts and live within their minds.’

     

     

    I’m thinking that wouldn’t leave them much room for manoeuvre …

     

     

    ;-)

  23. MWD –

     

    my granny used to say “if you dont stop laughing you will do yirsel an injury”

     

     

    HAHAHHAHAHAHHAHAHAHAHHA

     

     

    ————————————

     

    1948-1949 – Scottish footballs highest avg attendance was in 1948 Season, avg over 20,000.

     

    Look at the spread of teams with really high figures, just out of interest like.

     

     

    No. Club Div Average

     

    1 Rangers FC 1 44.600 57,0%

     

    2 Celtic FC 1 37.205 77,2%

     

    3 Heart dlothian FC 1 28.014 23,4%

     

    4 Hibernian 1 27.267 -2,4%

     

    5 Dundee FC 1 24.523 17,9%

     

    6 Aberdeen FC 1 24.200 18,7%

     

    7 Partick Thistle FC 1 20.233 -0,2%

     

    8 Clyde FC 1 16.667 17,2%

     

    9 St. Mirren FC 1 16.533 21,9%

     

    10 Third Lanark AC 1 14.233 8,9%

     

    11 Greenock Morton 13.467 23,6%

     

    12 East Fife FC 1 13.133 99,0%

     

    13 Motherwell FC 1 13.000 3,4%

     

    14 Falkirk FC 1 12.233 7,9%

     

    15 Queen South FC 1 11.980 8,6%

     

     

    ——————————————————————–

     

     

    Is that the figures you expect for each club when we expire/ are relegated/ whatever lol?????

     

     

    Look, bhoys, I am just trying to save you from years of boring, uninteresting, challenging football where the next triumph will be greeted with the joy of a synchronised swimming event, only much less.

     

     

    You know it makes sense.

     

     

    Bye for now.

  24. Dontbrattbakkinanger says:

     

    23 January, 2012 at 14:45

     

    St Stivs – the ole Cellick support were very faithful that year;

     

     

    Position 6th 30 12 7 11 48 40 8 31

     

     

    We also got knocked out of the Scottish Cup in the first round.

     

     

    ————–

     

     

    aye, they were.

     

     

    as my old granda used to say “whatever happened to the 1948 season money”.

  25. The Honest Mistake loves being first on

    truth4767 23 January, 2012 at 14:47:

     

     

    “Look, bhoys, I am just trying to save you from years of boring, uninteresting, challenging football where the next triumph will be greeted with the joy of a synchronised swimming event, only much less.”

     

     

    Ehh naw. You’re on your knees begging for us to give you a chance. Where’s the dignity? It’s pathaetic

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