Humiliate your rivals in the Cup Final by putting five goals past them and, if you don’t pay the piper, you pay the consequences. Winning trophies while running up debts you cannot afford to pay is not a viable strategy. The consequences, if you are fortunate enough to survive, has to be painful, otherwise football removes the moral hazard of failure, making Hearts recent experience more likely to happen to other clubs.
Hearts season at the bottom of the Scottish Premiership is the cost of pouring millions of pounds creditors will not receive onto the Hampden Park pitch to hit five goals past a Hibs team, who live within their means. Many other teams were denied progress in the cups, or higher prize money in the league, while the fantasists were building to their 5-1 glory.
Billy Brown’s nonsense about rescinding a punishment for a club who are still in administration is yet another fantasy, but it was fostered in 2012, by the notion that Scottish football can change insolvency rules on the hoof to accommodate a failed club. If you want to change insolvency rules, knock yourself out, but there is near-uniform agreement that you cannot change rules when a favoured club falls foul, in order to benefit them.
This notion that because the rules were not changed to help Newco Rangers into top flight football, Scotland’s reigning Third Division champions would be outraged, is hardly news. The 11 top flight clubs, most of whom appear to be enjoying a competitive ‘Best of the Rest’ league race, and a whole clutch of lower league clubs, would also be outraged if Hearts were advantaged.
In October 2011, when Rangers fate was privately acknowledged, Craig Whyte, Neil Doncaster and SPL chairman, Ralph Topping, discussed this rule change ruse. It should have been a 30 second conversation; declined when first proposed. Instead, Scottish football was put through the real trauma of a fantasy fear of Armageddon. Now everyone who can’t pay their bills think they have the same entitlement to campaign for a rule change – and why shouldn’t they, the tabloids told everyone that changing the rules on the hoof was acceptable.
Hearts fans know this. They are heading for relegation, those I have spoken to have accepted the situation. For them, it’s all about ensuring the club survives and sorting things out for the long term, SPFL results don’t even register. I don’t know any who want to see their club go cap in hand for rule changes, the way Whyte, then Green, did. It’s demeaning and lacks dignity.
This is turning into my favourite domestic season yet. All the ‘They’ve suffered enough’ merchants better get their strategies sorted for the next episode.
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BURGAS HOOPS
Harumph,we’ve got enough Bulgarians over here as it is.
OutrageddailymailreaderCSC
Ouch , CLumpany share price down 2.25p , or 8.33% to 24.75 !
2 questions.
what’s the price drop (in a day) that leads to shares being suspended ?
what’s in it , for whom , to see the price continually sliding ?
Sanna (carcrashtvcsc)
Black pudding. Was never a huge fan until I tried Stornaway Black Pudding a few months ago. Absolutely delicious.
ernie lynch
11:15 on
14 January, 2014
Let’s say you are correct – there’s a general case of bias and low-level oppression of Catholics (and I’m not saying you’re not – I just have no direct experience of it). Without them being fed stories of the opposite being true, their default position would be “we are in the important positions and that’s how it should be”.
Alternately they are seeing more Catholics in positions ahead of them but their superiority complex refuses to accept that they’re there on merit and not as a result of some ‘Timmy conspiracy’.
As I said earlier it’s not so much that both sides are using the same argument that interests me but that the near identical language – that seems a little too much of a coincidence.
Bobby @ 1133
No bad for you :)
Give Hearts a hand ?
Perhaps we should ask Neil Lennon what he thinks..?
http://www.flickr.com/photos/rustybadge/215780774/
or this
http://www.bbc.co.uk/sport/0/football/13368403
Sannabhoy and 2000 kids say Hail Hail to Pablo’s family
11:34 on
14 January, 2014
I’m not aware of a drop that would see a suspension, if the share price moves too much with no apparent basis the company needs to issue a release suggesting why it might be happening – but often this just says they know no reason – I think that’s triggered after a sustained 25% move.
Who might want it lower? Well I suppose if you were after a sale/leaseback having a share price so low that you couldn’t go to the markets for the required level of funding might be beneficial.
* proudbhoy
11:01 on 14 January, 2014
Sounds like we have the norwegian lad anyway. Havent a clue if hes anygood. Any of the bhoys on here live in norway ?
All seems to be quiet on the striker side of things… Any rumours out there ?
Whats latest with sammi and ledley ? Let go and keep in that order for me.
*########%#%%
Yeah. Leigh Griffiths to Celtic and Calum McGregor to Wolves on swap deal. Some trumpet started it on here last night.
Oh wait. Thst was me. :-))
GEORDIE MUNRO
Thanks-I found it awkward making a racist comment even in jest.
weeminger , cheers.
i understood a 10% movement triggered a suspension – obi picked that up from somewhere – what is it they say about a little knowledge ?
I think the price has dropped consistently over last week and is now about 25% lower than it was then.
Sale/leaseback ? well , i never
Just seen the Police trying to talk down a couple of Rangers shares who are threatening to jump off the Erskine Bridge.
BOSCOBHOY02
Well,it would be a waste of time trying to talk them up!
hendrix67
06:59 on
14 January, 2014
Brilliant story.
If it was over here, she would be jailed and the 2 rapists would claim millions in criminal compensation, while her granddaughter has to try and get on with her life after such an horrific ordeal.
This is justice, and should happen to all rapists and paedophiles.
================================================================
Couple of points, 1/ the two guys in the story were convicted criminals, therefore under British law they would not be entitled to criminal injury compensation, that’s not up for debate it’s a fact in Law. It would also be extremely unlikely that any jury would award damages if they even had the audacity to bring a case to court.
2/ While I except your sentiments re the punishments meted out to these 2 scumbags, I wouldn’t really want to go down this road. Lately we have had cases where innocent people have been the victims of appauling crimes, in one case a man was kicked to death because someone in his community wrongly accused him of being a paedophile.
bmcuw , yer on fire today bhoy !
Sannabhoy and 2000 kids say Hail Hail to Pablo’s family
11:44 on
14 January, 2014
I previously commented that 25p was seen as a tipping point. The rumours on their side is that was when the King would ride to the rescue but for me that’s the point below which they can’t get the amount of funds required via a share issue.
The shares now put the value of the company at around £17.5M – as far as I can see you can’t raise £10M from that alone.
Very saddended to hear of the passing of Bobby Collins.
A small BIG part of the Celtic story. A bit like Paul McStay and John Collins in that their individual talent should have been rewarded with far more honours playing for Celtic than they achieved.
I’m sure Paul67 will have an approriate article to celebrate the “Wee Barra” pretty soon.
WEEMINGER
£17.5m,you say?
What a coincidence.
https://m.national-lottery.co.uk/mt/www.national-lottery.co.uk/player/p/results/euromillions.ftl?un_jtt_v_view=1&un_jtt_redirect
Fancy a whiproon for a few lucky dips?
Sannabhoy and 2000 kids say Hail Hail to Pablo’s family
11:44 on 14 January, 2014
‘Sale/leaseback ? well , i never’
###
Was it David Low who was tweeting yesterday that there’s a problem with sale/leaseback due to the dilapidated state of the stadium?
Have we had the ole youtube Stefan Johansen clip of death yet?
Soldiers avoid charges over sectarian songs at Ibrox
Tuesday 14 January 2014
NO formal criminal charges or Army disciplinary action have been progressed more than three months after complaints were made that soldiers sang sectarian songs at a match between Rangers and Stenhousemuir.
A police and army probe was launched over “concerns” raised as 400 personnel from all three forces were invited to Ibrox for a game in September.
Despite evidence that four soldiers had posed with a scarf with a sectarian slogan on it, no formal disciplinary or criminal action is being processed.
There was outrage when a video emerged from the game, which appeared to show military personnel dancing and applauding in front of singing fans before Rangers went on to win 8-0. Senior personnel from the Armed Forces looked on from the directors’ box.
Police received complaints that soldiers, who had been invited to Ibrox to mark Armed Forces Day, appeared to sing sectarian songs.
A Crown Office and Procurator Fiscal Service source said there had been no prosecution report in respect of any individuals.
An Army source said the Royal Military Police, which assisted with a police investigation, had not brought any formal disciplinary charges.
The source said “administrative action” had been taken against four soldiers pictured holding a scarf with a sectarian slogan.
Administrative action is akin to having a warning.
ernie lynch
———–
From Yesterday
Tom Hennessy @TomGoalie33 1h
@JimFitz67 @Heavidor an ex colleague now working as an asset turn around specialist in the city of London
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Tom Hennessy @TomGoalie33 1h
@Heavidor 2/2 realities were put before them, so Super Sally’s assertions in last weekends press using Manuel’s” I know nothing” line..crap!
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Tom Hennessy @TomGoalie33 1h
@Heavidor by all a/c’s he nearly shat himself when a con call involving major shareholders, the board & Sally Friday last, stark 1/2
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Tom Hennessy @TomGoalie33 1h
@Heavidor 2/2 is in trouble due to poor structural survey a major stumbling block to any sale & leaseback deal….
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Tom Hennessy @TomGoalie33 1h
@Heavidor Laxey have presented through the CEO a comprehensive list of cuts, this is across the board & non negotiable, sale & leaseback 1/2
Ernie , there was a series of tweets regarding that and the fact that Laxey’s have pointed out the dire-ness (think i made that word up) of their situation.
to describe their situation as a cluster *&^% would be doing it an injustice – you work out which one i mean !
Sanna
new article posted.
Date Time Volume Bid
14-Jan-14 11:37:27 25,000 23.50p
Latest on the RIFC Shares Board. Mmmmmmmmmmmmmmm
Leftclicktic ,
Hail Hail.
how you doin’ ?
Sanna
I was looking for some info regarding Rangers roof and came across this.
Warning !!!!!!!! You may need incontinence pants.
Rangers consider open-roof stadium with new-look Ibrox to host megastars
Rangers will look to attract world sports stars like Ricky Hatton and rock acts like the Rolling Stones to a redeveloped Ibrox, it was claimed last night.
• More Premier League news club by club
Chairman David Murray has confirmed the club are looking at three different projects which would transform the stadium and its environs in Govan.
The most ambitious plan would feature a 70,000-capacity futuristic stadium, with a retractable roof that would open up a whole new sphere of event possibilities.
{1}
{R}
Glasgow City Council and private enterprise would be involved in the proposals, which would also include a hotel development with 2,000 bedrooms. Rangers are obliged to protect the red-brick facade of the main stand, which is named after their legendary manager Bill Struth.
The ‘Category B’ listed building would be retained under any of the three redevelopment projects.
But talks on the plans have already begun with soundings being taken on the kind of finance needed – the 70,000 capacity plan perhaps costing as much as £700million.
Murray unveiled a similar blueprint in 2005 that included a casino project on the current car park but that deal collapsed when Manchester won the bidding.
Now more ambitious ideas are being floated with the whole concept aimed at making Ibrox a venue which can cater for events far removed from fortnightly SPL action.
“If something like this went through then there’s no reason why the Rolling Stones could not play one week and Ricky Hatton fight there the next,” said a source. “It is not about simply making a bigger football stadium but about creating a location which can attract big events.
“There’s a gap in the market out with the NEC in Birmingham for major conferences and concerts and these blueprints would enable Ibrox to host multiple events.”
Ibrox is already due to host rugby at the 2014 Commonwealth Games and the potential for a retractable roof could even attract tennis events featuring the likes of Andy Murray.
Rangers posted confirmation of their development ambitions on their website: “We are analysing a variety of proposals along with the development of the existing outline planning for the Hinshelwood area next to the stadium.
“There are three strategies, one of which includes the total rebuilding of Ibrox with the retention of the traditional red-brick facade. Full details will be announced at the appropriate time.”
Owner Murray declared 18 months ago that he was prepared to sell his controlling interest in Rangers, if he felt the right successor had emerged.
It now looks as if Walter Smith’s rejuvenation on the pitch has stretched to the boardroom, with Murray plotting further schemes that could, ultimately, make the club’s home far more than a mere football stadium.
Read more: http://www.dailymail.co.uk/sport/football/article-506533/Rangers-consider-open-roof-stadium-new-look-Ibrox-host-megastars.html#ixzz2qNDiyi00
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BOBBY MURDOCH’S CURLED-UP WINKLEPICKERS ………FC not PLC
09:17 on
14 January, 2014
TONY DONNELLY
Unless you are on Facebook,which I’m not,and it seems neither is Hebcelt,you can’t access the link.
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You have to alter your privacy setting on your FB account so that anyone as well as friends can see your page
https://scontent-a-lhr.xx.fbcdn.net/hphotos-prn1/994117_10152530274583502_692082270_n.jpg