I’ve spoken to a few Rangers fans over recent months, the base line of acceptability has been redrawn many times. If you read back on what was presented as reality on 13 February, when Craig Whyte announced that while it was “business as usual” he applied to the court for a 10 day period to appoint an administrator.
Back then, administration was abhorrent, but suggestions of liquidation were regarded as outrageous. On 22 February Celtic Quick News asked questions about Improper Registration of Football players, was it possible that Rangers results would have to be re-written as 3-0 defeats for a decade or more?
In March Rangers director (still, I believe) Dave King sent out a new baseline, liquidation was inevitable but there was no question that titles would be taken off Rangers. Even this concession to liquidation was disputed by the Blue Knight and Duff and Phelps. Publicly, both still hold to this line, although Duff and Phelps use some creative ideas to get there.
Most now know that liquidation is inevitable. A few understand that the SPL inquiry into player registration is likely to result in five or more league titles being reallocated to Celtic, but I don’t hear anyone accepting the reality of the situation.
Rangers don’t have a buyer, primarily as the administrators don’t have a stadium they can sell. Even if they try to remain in administration for next season, Ticketus own the majority of their income. It will cost countless millions to pull a deal together, much more than the £11.2m Bill Miller considered putting on the table, and no one is coming up with that kind of money.
In the unlikely event these problems are resolved, whatever club emerged would have to deal with the fallout from players refusing to join a Newco and becoming free agents, football fines debts from Oldco, SFA penalties, Newco penalties if preferential treatment is provided in order to get them into a higher league, and SPL penalties for Improper Registration of Players.
There are two simple solutions. Form a new club, ask to share Firhill or Love St – or better still, rent Cathkin Park (reset ambition for Rangers as the new Third Lanark), and apply for entry to the Scottish Football League. Alternatively, co-opt a lower league club, maybe Airdrie United could help, rename it and spend however many years as it takes trying to acquire whatever parts of Ibrox survives liquidation.
This is a controlled and predictable way forward, a concept not delivered by Duff and Phelps, totally in the control of whoever wants to harvest fallout from the demise of the Rangers brand.
You can buy a hard copy of the new issue of CQN Magazine via Magcloud here.
The graphic below is just for a flick through, to read the magazine go here to it’s dedicated site.
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aldersyde avenue,
These are the values UEFA has published. You’ll note that I made no comment on them.
My view on Financial Fair Play is that there will be a clash with big clubs at some point, probably when UEFA tries to stop one of them from playing in a European competition for a financial reason.
So UEFA will want to keep its powder dry for the big fights to come. What they won’t want to do right now is to set a precedent that exceptions to FFP rules can be made.
Today is Howard Carter’s 138th birthday, according to The Google.
In a hundred years time, will future archaeologists stumble apon the ruins of Ibrox, to unearth its long-forgotten treasures?
My name is Sir David Murray, chairmen of chairmen
Look on my works, ye Mighty, and despair!
Nothing beside remains. (thumbsup)
philvisreturns
The EBT players are awful quiet these days. Will they take part in such shows?
LB
LiviBhoy – The EBT players are awful quiet these days. Will they take part in such shows?
Oh I do hope so. Does Richard Gough still have his referee’s whistle? (thumbsup)
Alex O’Henley has just posted on twitter that Duff & Phelps say Craig Whyte has agreed to sell his shares to a UK based consortium.
Another twist, or will they walk away once they see the books?
HH
CTTC
Philvis in 100 years time will Duff and Phelps still be saying ‘ we know of at least 30 interested parties , from the Solar System and beyond, interested in buying Rangers and taking them out of administration’.
LiviBhoy – funnily enough I had the same conversation with somebody this morning. Where are their legneds? Where is John Greig? Why was Sandy Jardine the only one willing to stick his head above the parapet? Where are the people?
I think the recent ones are lying low in full knowledge that they have all had a part to play in this in an attempt to avoid the wrath that is in the post.
Rogue
no it did happen. Rangers got fined 160k Craig Whyte 200K
The maximum fine. If you get the maximum fine you get expelled as well.
The SFA used thier indiscretion in not applying their own rules.
Nobody asked why
I think SOMEBODY should.
You getting my point yet ?
Really its not that difficult
Hail Hail
It was just over 20 years ago that another Evil Empire still had an air of permanence about it.
That bunch had the Red Army, the Spetsnaz, the KGB, and Sean Connery’s submarine on their side.
Rangers have Duff and Duffer, the Knights Who No Longer Say Ng, and fans who scare away potential investors.
Mr Whyte, tear down this wall! (thumbsup)
Long may they languish in the utmost confusion. May their contemptible corruption lead inevitably to their liquidation.
their discretion ……. should read
But Supporters’ Assembly president Kerr said: “We are talking a few people here and it is disappointing when people are effectively pre-judging the guy.
“But I just don’t think that he had an understanding of the business.”
I think he knew enough not to touch rangers with a scabby stick once he seen the actual figures.
Awe Naw
Sorry dude, got distracted for a mo.
Here’s what I know with regard to Celtic’s position on the Rangers shebawz, as opposed to what I understand, have inferred or am guessing at:
1) Rangers’ troubles are entirely of their own making, and it is for Rangers and their people to sort it all out.
2) If they achieve an exit from Administration via a CVA, then they have satisfied their creditors and will continue as an SPL team in ordinary course.
3) Celtic are opposed to a Newco being admitted to the SPL. Opposed. This position is contrary to that of the SPL CEO and a number of other clubs.
4) If Rangers are found to have broken the Rules of the Game, wrt Player Registrations for example, Celtic will insist that the rules are applied in full and that the book is thrown at them. I don’t know if this means, in Celtic’s view, merely stripping of honours, or expulsion, either of which are in the spectrum of penalties.
5) Celtic are one of 12 in the SPL, and one of 93 in the SFA. While Celtic has a significant influence on Scottish Football, Celtic’s vote in any matter is contrained by this proportionality.
6) In all matters, the board will act in WHAT THEY THINK are in the best interests of the club, the support and Scottish Football. For the moment, given the utter uncertainty, they are chosing not to disclose how they think those interests are best served, but this will be made clear in the coming weeks.
You know I’m sure by now my own view, but for the sake of clarity, if there is a Newco in the SPL next season, I will have no interest in that ‘entertainment’. None. I enjoy my football laced with the essence of competitive sport. A shabby circus holds no attraction.
Similarly if Rangers have indeed broken the rules of the game with as many as 75 ineligible players knowingly fielded in 700 odd matches to disguise a titanic tax scam, while the Directors of Rangers implementing the scam were simultaneously Directors of the Governing Bodies, I demand that the penalty reflects the astonishing extentent of their bad faith. Failure to act will kill the Game, and I don’t do post mortem sports.
I may chose to spend my £1000 odd ticket money on other competitions in which Celtic compete, Europe essentially, or donate the lot to the Celtic Foundation, or buy a new set of golf clubs. I haven’t got to that point yet. I will not though be paying to watch a Celtic VI play a series of meaningless exhibition matches in the ‘SPL’.
That of course is all subject to how events play out. Meantime, I’ll continue to sit impatiently and see what happens.
Hope that’s all clear.
TBB
Dontbrattbakkinanger – Philvis in 100 years time will Duff and Phelps still be saying ‘ we know of at least 30 interested parties , from the Solar System and beyond, interested in buying Rangers and taking them out of administration’.
I hear the Cylons, the Ferengi, and a Vogon construction tycoon are all lining up bids. (thumbsup)
Awe_Naw_No_Annoni_Oan_Anaw_Noo on 9 May, 2012 at 12:37 said:
That’s wrong. The maximum sanction is a fine plus explusion. They stated that they applied the maximum fine NOT the maximum sanction. There’s the difference.
Rangers Tax Case was discussing some of his favourite books there.
Fooled By Randomness and The Black Swan, both by Nassim N. Taleb … heavy tomes by the sounds of it and the subject matter.
Mark Dingwall’s contribution is Bodybuilding For Real Men … a lighter read but with hunners of pictures…
!!Bada Bing!!
He left Cardiff with £66m worth of debt and had to fight 5 winding up orders from HMRC.
He took Plymoth Argyle into administration.
His record at Leeds is still referred to in the “How not to run a football club” handbook.
Perfect man for the job as far as I’m concerned.
Mort
TBB
If we only get six players it will at least be quite competitive.
Phil MacGiollaBhain @Pmacgiollabhain
@CelticHub I said this morning that there would be a morsel of fiction to make the bears feel better LOL #notwrong
Celtic VI? Good Lord..
TennentsSixesCSC
Rogue & weeminger
Thanks for you replies por cierto..
Putting my business mans head on for a moment (and my tin hat).
I can see how Rangers might be an attractive longer term bet. But to be clear this talk of a CVA is nonsense to appease the hordes. Liquidation and a clean start is the only option with Craig White and Ticketus on board.
The assumption would be that after 4 years of pain and serious downsizing the newco would be back in the SPL and would have 30k-40k fans back again on a regular basis.
Now if you could pick up the club for a steal, say £5m, give Whyte a small shareholding and a salary and come to a mutually agreeable deal with Ticketus then it might make sense for a Peter Risdale type.
Its a long game though… 5 years from now what would the clean, debt free club be worth? £30m? And if somebody goes in for the longer game and assumes that Rangers and Celtic will eventually escape Scotland into some form of Euro League then what is the club worth? £60m?
Might be worth a punt for £5m.
Obviously massive assumptions made in this post without all the financial and legal info but on the back of a fag paper I can see how it might make sense….
There IS a valuable asset there somewhere.
Phil clearly thinks theres nothing in the Sun/Thommo reports…
Awe_Naw/ RogueLeader,
Think you guys are talking about two different investigations. There are a few of them!
The one into the huns’ and Whyte’s financial affairs found both guilty of several counts. They could have expelled the huns but decided that the offences did not warrent the maximum sanction.
The Harper MacLeod investigation (on behalf of the SPL) into payments made to players over and above those in contracts lodged with the football authorities has yet to report.
I’m welling up here, they’re going , they’re actually going.
they did too much too wrong
there is no billionaire
they’ve banned the guy who owns them
they can’t fudge a newco
overcomecsc
Awe_Naw – No, no, no.
You said the independent panel recommended expulsion, that the SFA ignored this to save Rangers and that Celtic should have taken a stand against that. Criticising the club for not doing so.
That may have been exactly what happened but neither you nor I, nor Celtic probably, know if it actually did happen. You have no idea what the panel recommended never mind the SFA ignoring said recommendations. The panel set the punishments, I believe their 27,000 word findings are due to be published today, clarity may be contained somewhere within. Until then though….
To criticise the club based on a fantasy scenario is stretching it a bit mate…..
Philvis – Cylons have pulled out, citing numerous instances of anti -Cylon abuse on Hillbilly anti-social networks.
The Battered Bunnet on 9 May, 2012 at 12:42 said:
Celtic VI? Good Lord..
TennentsSixesCSC
—————————————-
jeese oh, that hit me with a jolt.
for anyone thinking its good to let the huns hang around in the top division, with some sanctions.
There was a time, early 90’s when we celebrated the Tennants 6’s win as some sort of new dawn. Thats how low we got.
For all that the Kellys and Whites mismanaged the business, they kept paying thier taxes, and the small creditors.
Let the hun expire.
hurrah
James McClean has closed his Twitter account after receiving death threats following his selection for the Republic of Ireland’s Euro 2012 finals squad.
The 23-year-old Derry-born Sunderland winger made the move after he was sent a message saying he “deserved to be shot” for opting to play for the Republic rather than Northern Ireland.
McClean was the subject of abuse earlier this season when he announced his decision, which is allowed under the terms of the Good Friday Agreement.
Northumbria Police on Wednesday confirmed they have received no complaint, while a spokesman for the Police Service of Northern Ireland said: “We do not discuss the security of any individual. However, if we receive information that a person’s life may be at risk, we will inform them accordingly. We never ignore anything which may put an individual at risk.”
McClean is currently on Wearside preparing for Sunday’s final Barclays Premier League fixture of the season against Manchester United.
Black Cats chief executive Margaret Byrne said: “Any incidents of this nature are treated with the utmost seriousness and the club is looking into this matter carefully.”
MattSlater from the BBC on twitter saying HMRC have told D&P that they believe full tax is due now on the deferred wages. Deferment of wages doesn’t adjust the tax due according to HMRC and it is due 1 month after it was supposed to be paid…..which makes March’s PAYE and NIC short.
D&P are fabulous.
Hearing that Thai Tims school visits have been cancelled as aresult of a complaint to director of education, only in Glasgow!!
rouge leader v aw naw anooni
mohammed ali v joe frazier
My guess if an english group are buying them Souness will be involved.
D & P are held liable for all outstanding debt from the commencement of administration, so they have to pay the shortfall, now asked for by HMRC.
Is that correct? and what happens if they do not have the money to pay it? por cierto
Rogue
You mean they actually paid some tax and PAYE?
I need a sit-down.
BB
Awe Naw
Sorry dude, got distracted for a mo.
Here’s what I know with regard to Celtic’s position on the Rangers shebawz, as opposed to what I understand, have inferred or am guessing at:
1) Rangers’ troubles are entirely of their own making, and it is for Rangers and their people to sort it all out.
So why are the SPL & SFA bending over backwards
2) If they achieve an exit from Administration via a CVA, then they have satisfied their creditors and will continue as an SPL team in ordinary course.
due to the SFA refusing to implement their own rules yes that is true
3) Celtic are opposed to a Newco being admitted to the SPL. Opposed. This position is contrary to that of the SPL CEO and a number of other clubs.
Agreed. It would be suicide after our finacially prudent period to be anything else
4) If Rangers are found to have broken the Rules of the Game, wrt Player Registrations for example, Celtic will insist that the rules are applied in full and that the book is thrown at them. I don’t know if this means, in Celtic’s view, merely stripping of honours, or expulsion, either of which are in the spectrum of penalties.
Why no insistence over the Fit and proper person investigation ?
5) Celtic are one of 12 in the SPL, and one of 93 in the SFA. While Celtic has a significant influence on Scottish Football, Celtic’s vote in any matter is contrained by this proportionality.
Agreed but as the process is a tax dodge Celtic should be publicly stating that because of this they will abstain REGARDLESS
6) In all matters, the board will act in WHAT THEY THINK are in the best interests of the club, the support and Scottish Football. For the moment, given the utter uncertainty, they are chosing not to disclose how they think those interests are best served, but this will be made clear in the coming weeks.
Agreed on everything except the eventual clarity that you think will be coming
You know I’m sure by now my own view, but for the sake of clarity, if there is a Newco in the SPL next season, I will have no interest in that ‘entertainment’. None. I enjoy my football laced with the essence of competitive sport. A shabby circus holds no attraction.
yet the inference from peopel in teh know at teh time of ST renewal is that it depends on Motherwell but if you voice displeasure at this then your told to pipe down and keep the faith
Similarly if Rangers have indeed broken the rules of the game with as many as 75 ineligible players knowingly fielded in 700 odd matches to disguise a titanic tax scam, while the Directors of Rangers implementing the scam were simultaneously Directors of the Governing Bodies, I demand that the penalty reflects the astonishing extentent of their bad faith. Failure to act will kill the Game, and I don’t do post mortem sports.
We cannot punish a newco
I may chose to spend my £1000 odd ticket money on other competitions in which Celtic compete, Europe essentially, or donate the lot to the Celtic Foundation, or buy a new set of golf clubs. I haven’t got to that point yet. I will not though be paying to watch a Celtic VI play a series of meaningless exhibition matches in the ‘SPL’.
Luckily I can chose to watch Eintracht who will be in the Bundesliga at least for a year. I would drop any interest in UEFA competitions
That of course is all subject to how events play out. Meantime, I’ll continue to sit impatiently and see what happens.
There is not a lot that any of us can do except for that
Hope that’s all clear.
Very clear but I hope you realise that I just think it is unfair that anyone who would like even a modicom of communication should be allowed to stress how strongly tehy feel about these affairs. Especially with the background being that we look to participate and legitimise an extremely dodgy process at the time of ST renewal and that it does not have to be fatal to the whole process by doind so. It can be positive for all.
TBB
I can’t say that I’ll stop watching football……ffs,I’m watching the Russian Cup Final right now……and I’d watch Celtic playing in a Sunday League if it ever came to that….but to watch a Scottish Premier League that is rigged in favour of one team,and a racist bigoted team to boot is asking too much.
The game is rigged & now everybody knows the score….no more of us being called paranoid. Satan F.C. has had the light of truth shone on them in a very big way,and they are burning.
To allow them to re-emerge as some kind of Phoenix is wholly unacceptable,and if I had the money I’s be doing something about it.
I expect the owner of Celtic Football club to have something up his sleeve for the day it’s needed.
New study demonstrates player fatigue is distorting European football
Clear performance deficit suffered by teams playing after only two days’ recovery
Domestic title and European qualification outcomes affected
Study author, Raymond Verheijen, calls for mandatory three-day gap between matches
‘If Atletico Madrid beat Atletic de Bilbao in the Europa League Final tonight, their ‘success’ could end up costing them a place in next season’s Champions League,’ contends international football coach, Raymond Verheijen unveiling a new 27,000 match study he has undertaken into the effects of player fatigue.
‘Equally, the fact that Spurs are still well placed to qualify for the Champions League is absolutely down to Harry Redknapp’s refusal to play his first team in the Europa League,’ he continues.
The new study, which incorporates top tier league, Champions League and Europa League matches across seven countries and ten seasons, offers emphatic proof that teams playing every three days are substantially disadvantaged by player fatigue, and for the first time quantifies this disadvantage across a season.
Verheijen contends that if Atletico Madrid had not played in the Europa League this season, they would have accumulated six more points and been placed fourth, rather than fifth, in La Liga with one more match to play. Spurs would probably have dropped points and now been out of the running for automatic qualification.
To restore fair play, its author, Raymond Verheijen, is calling upon national leagues, associations and international federations to make a three-day gap between matches mandatory in all fixture scheduling.
Across the study, teams playing after just two days’ recovery against teams who had enjoyed at least a three-day gap were found to be 39% less likely to win at home and 42% less likely to win away.
Where both teams had just two days’ rest, the away team suffered more, showing a 26% reduced likelihood of victory.
In terms of league points lost, teams playing on the Saturday following a Wednesday night Champions League fixture were found to reap 0.55 points less than average, and teams playing on Sunday following a Thursday night Europa League match were 0.41 points per game worse off.
This season, Celtic have fared 0.94 pts per game worse after Europa League fixtures than in other weeks. In the 2010/11 season, Stuttgart’s form after their elimination from the Europa League improved by 1.08 pts per game, and they rose from bottom of the table to finish 12th.
The study also focused upon 71,251 goals and when they were scored during games. In parallel with winning less and losing more after just two recovery days, teams scored 0.52 fewer goals per game, scored 0.3 goals less in the final third and conceded 0.45 more goals than average in the final half hour.
Verheijen, world football’s foremost authority on player periodisation, has witnessed the effects of insufficient recovery throughout his career, in terms of both performance and player injury rates. The study now underlines what he knew to be true, that full recovery is not possible in just two days.
‘The results are clear,’ comments Verheijen, ‘on the basis of this evidence, I don’t see how the game’s authorities can continue to ask teams to play twice in three days. It is simply not fair play.’
He contends, however, that this need not create issues for football’s governing bodies. ‘There is a lot of debate at the moment about player fatigue and injuries due to too many fixtures. The problem is not the number of fixtures, but the scheduling. The differences in performance between teams after a three and a six-day gap are almost imperceptible. In Portugal, for example, where the FA offers clubs involved in Europe the chance to play on Friday or Monday to allow full recovery, this effect does not exist.’
Verheijen continues, ‘only two days recovery does not automatically mean a bad result, but most bad results can be explained by only two recovery days.’
‘Look at the Premiership teams’ attempts to qualify for the last 16 of the Champions League this season. The eight worst results all came after two-day gaps: Manchester City’s away defeats to both Bayern Munich and Napoli, Manchester United’s home draws against Basel and Benfica, Chelsea’s away draw with Genk and defeat to Leverkusen and Arsenal’s draws with Dortmund and Marseille.’
The outspoken Verheijen has worked alongside Guus Hiddink, Dick Advocaat and Frank Rijkaard at the last three World Cups and three European Championships, as a consultant for Chelsea, Manchester City, Barcelona, Zenit St. Petersburg and Feyenoord, and until recently worked alongside Gary Speed to elevate Wales into FIFA ranking’s top 50 nations.
Last year, Verheijen joined forces with Guus Hiddink to launch the World Football Academy, an institute dedicated to bringing the world’s best coaches and professionals to the doorstep of football people at all levels of the game.