Police first creditor to react

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Strathclyde Police were Rangers first creditor to ask for a payment guarantee from Rangers’ newly appointed administrator, saying, “Strathclyde Police is a public body and has a duty to make sure public resources are used appropriately. We are seeking an urgent meeting with the administrators to ensure that any payment for policing costs at future Rangers games is guaranteed.

“Until we have such a guarantee we would not be in a position to commit public resources to policing an event unless we had a reassurance that our costs would be met.”

Before the administrator is able to allow the scheduled game against Kilmarnock on Saturday to proceed he would need to guarantee payments for all services employed and goods used, casting considerable doubt on the game proceeding.  The administrator is liable for any expenses he incurs from now which cannot be paid by the club.

Funds will need to be found for turnstile and security staff, while footballers may be asked to play for free.

One final push (this week) for the Vanessa Riddle Appeal. We have a Celtic top signed by the first team squad available to auction on eBay. You can bid on the auction and help send Vanessa for the treatment she needs by clicking here. Thanks to Penfold for the donation and to Taggsybhoy for organising (yet again).

If you would like to read CQN Magazine online (for free), click here.  You can download a pdf of the magazine using the button at the top of the page, second from the right.  Click on the link below to order a hard copy of the magazine.

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  1. pabloh_AKA_NEIL LENNON on

    Scaramanga

     

     

    Agreed. Let’s keep the winning run going! The way we are playing we can, then stay ruthless for years to come – this young team will only improve with age.

  2. The appointment of the administrator will make a difference in the long game.

     

     

    It may help to get Whyte in a better personal situation in the short term but will not protect Them.

     

     

    The administrators first task is to seek a creditors meeting and will ask for approval of his apppointment by the creditors. The creditors will vote with a % of how much they are owed and no preference for secured etc.

     

     

    HMRC are likely to be more than the rest of the creditors combined and they will hold the cards as to what happens next. If the administrator wants to keep his job then he will have to listen to them.

     

     

    Throughout the job of the administrator will be to act to the benefit of all the creditors. There are undoubtedly lots of pre-pack and dodguy deals out there but the glare of publicity will ensure that there is nothing to dodgy. As of appointment the administrator as an individual is personally liable for all matters and will take this very seriously.

     

    The only out Whyte would have is to push the administrator not to accept the Bic Taz Case as a creditor as it has not yet chrystalised. Such action would be highly dubious and have only short term benefit and to my mind would leave the administrator exposed.

     

     

    Money would still be on at first meeting the administrator being voted out by HMRC.

     

     

    Great times.

  3. serious question guys…

     

     

    after our infamous beachball fiesta pre seville…

     

     

    how in the name of all that isn’t rangers are we going to get 9000 bouncy castles into the broomloan on march 25th?

     

     

    parcel ===>

  4. Good (in fact, Great) evening friends from a wonderfully glorious East Kilbride.

     

     

    V+ box set for the STV and BBC news leaving me to keep tabs on CQN and RTC on the laptop, Twitter on the phone and Superscoreboard on the radio.

     

     

    And they say men can’t multitask.

     

     

    Finally, just about to sit down to a loveley romantic meal with Mrs Baldie – pie and beans, jelly and (Equis) ice cream and a small red wine. Just a typical Tuesday to be fair.

     

     

    Enjoy your evening Bhoys and ghirls.

     

     

    Jobo

  5. the long wait is over on

    One wee point before I head off.

     

     

    Lets not take our eye off the ball here.

     

     

    There is a risk , and one we accept, that TV contracts and other revenue steams might be adversely affected.

     

     

    If that IS the case we need to support Celtic financially as much , if not more, than ever.

     

     

    So , whatever happens, lets renew our season tickets , buy the merchandise etc and , more importantly , encourage others who might have drifted to do so.

     

     

    It would be a shame to let a good crisis go to waste.

     

     

     

    HH

  6. good evening,, thought i’d share this,, pure comedy gold,

     

     

    James Traynor Exclusive

     

    Daily Record – November 19, 1998 SECRET FEAR THAT DRIVES ME TO WIN 10 IN A ROW:

     

     

    Rangers chairman David Murray opens up on the highs and lows of his decade in charge of Rangers and promises that the best is still to come

     

     

    Exclusive James Traynor

     

     

    RANGERS owner David Murray doesn’t often allow his true feelings to surface, but currently he is finding it difficult to disguise a pain which has been gnawing away inside since the end of last season.

     

     

    After a period of almost total dominance of Scottish football during which Rangers racked up 17 trophies the club met with failure.

     

     

    Celtic won the championship and the League Cup and Hearts beat Rangers in the Tennents Scottish Cup final, leaving Murray with nothing to show for a massive investment in time and money.

     

     

    Even now he winces when he thinks of that season, but it is the vivid memory, and the pain of defeat with which he now suffers, that combine to drive him on.

     

     

    Last night as he looked back on a decade as Rangers’ owner – come this Sunday, the 22nd, it will be 10 years since he paid Lawrence Marlborough £6 million for the club – Murray’s desire to avoid the miseries of another barren season could not be disputed.

     

     

    To hear him speak was to listen to a man who believes himself to be charged with some kind of great and mighty mission. Murray, who chose to talk only to the Record about his dreams and ambitions for Rangers, said: “No one should doubt that Rangers are the biggest club in the country, but I know that talk is cheap in this business and that we will have to prove just how big we are.

     

     

    “That doesn’t really bother me because as long as I am able to influence this club we will be the biggest and we will be the best. “I have spent 10 years of my life, and I know that sometimes I gave up too much of myself to Rangers, but I am not about to give up now.

     

     

    “Neither am I willing to stand aside and allow another club to overtake Rangers. The failure of last season hurt me a lot and that pain was something I didn’t need nor want.

     

     

    “It is also a pain which I never want to suffer again, but by God that sort of thing just makes me even more determined to succeed. I am still as driven, still as enthusiastic and I will welcome the challenge of anyone out there.”

     

     

    Murray was referring not only to the Kenny Dalglish/Jim Kerr consortium who are stalking Celtic, but also the as yet uncovered groups who are bound to make bids to buy out Fergus McCann.

     

     

    If the past 10 years have taught Murray, who is one of Britain’s wealthiest individuals, anything it is how to win and he believes Rangers will continue to grow and prosper.

     

     

    “I look upon these last 10 years as a having been a great era, but it is over and Rangers are about to head on into a new era,” he said over a glass of the finest red.

     

     

    He was about to take in another mouthful of the most succulent lamb – anyone who knows Murray shouldn’t be surprised to learn he is a full-blooded, unashamed red meat eater – when he put down his knife and fork.

     

     

    It was like a statement of intent and looking directly across the table to make sure I hadn’t yet succumbed to the wine, he said:

     

     

    “Bring on the next 10 years, there’s more to come for Rangers.

     

     

    “Understand that I care passionately about what I’m doing with Rangers and believe that in 10 years time we will still be setting the pace.

     

     

    “Too many of us have put too much into this club and we won’t let someone come along and take it all away.

     

     

    “What I’m saying here is that no matter who buys Celtic from Fergus, they will need to have the deepest of pockets imaginable.

     

     

    “The fresh challenge would be good for the Scottish game and lift the profile, but Celtic’s new owners had better be prepared to spend.

     

     

    “In the past, Celtic’s people maybe just haven’t fancied trying to take Rangers on financially, but if I have to go in deeper to keep my club up there then I will. I have done it too many times to be frightened now.”

     

     

    From anyone else such talk could be dismissed as no more than empty rhetoric, but with Murray you just feel it is more than bluster and besides, he does have a track record as a spender.

     

     

    There have been times in his 10 years when he has taken Rangers somewhere between £15m and £20m into debt and he knows that if this season goes belly up like the last one he could be looking at a potential debt of £20m. However, having taken the value of Rangers from £6m to approximately £186m in 10 years he knows how far he can gamble in pursuit of success.

     

     

    This season alone he has allowed his new manager Dick Advocaat to spend almost £30m, but he refuses to lose any sleep over it.

     

     

    He said: “I don’t because I consider spending as much as £5million on someone like Andrei Kanchelskis as a necessity. If a club like ours doesn’t do that then we fall by the wayside.

     

     

    “Look, I have many other businesses so I could find many other things to worry about, but I love sport and I want Rangers to be successful. I know this won’t be accepted by some people but this isn’t about making money. “£56m has been invested in the stadium and in my time £200m has been turned over and after interest our trading profit is minimal. Perhaps as much as £60m has been spent on players and I have even paid in about £1m in hospitality but never taken a salary from the place.

     

     

    “I get six complimentary tickets the same as everyone else and if I want extra I have to pay for them the same as everyone else.

     

     

    “There are no free lunches for David Murray at Ibrox and I have never taken part or been at the centre of any of the numerous victory celebrations we have had.”

     

     

    Murray disappears to celebrate success with a small group of close friends, leaving the roar of the crowd to wash over the players and management.

     

     

    “Supporters don’t want chairmen hanging around, even though they look to people like me to provide some kind of direction and the new ways to keep moving the club on,” he said.

     

     

    “I hope I can say that in my 10 years so far I’ve been fairly good at that, but the day I run out of ideas is the day I’ll know it’s over. I’m sure someone will tell me because I have good people around me, I always have.

     

     

    “But I’m not ready yet to step back and I see enough fresh challenges, staying ahead at home and winning a place at the European table, ahead in the next 10 years to keep my own adrenaline flowing.”

     

     

    He knows roughly how much it will cost him and he’s heard the rumours that ENIC, who have invested £40m in Rangers, are uneasy at the club’s spending policies but Murray claims these backers have always been supportive of his methods.

     

     

    He said: “They could kick up a fuss but they don’t. Besides, I am the owner of the club and so far most people seem to like what I’ve done.”

  7. Ah jist noticed:

     

     

    On the OFFISHUL CELTIC SITE..

     

     

     

    The Pointage Difference,oan the Published Leagure Table ..has bin Amended.

     

     

    Noo Reads..

     

     

    Celtic .. 65

     

    Rangers 51

     

     

    Noo..

     

     

    Ah Believe it!!

     

     

    It must br so.. Joe!

     

     

    Kojo..

     

     

    Ah am noo weerin’ Ma Noo Tee Shoit.. which reads..

     

     

    “Pinch Me! Ah am Celtic Supporter!”

  8. Would the administrator lose money or save money by not playing Saturday’s game?

     

     

    How many people are going to buy tickets between now and Saturday?

  9. eddie leake @skegsatbsttout Reply Retweeted Favorite · Open

     

    #Whyte bought the club for £1 sold 4 years of tickets in advance, and hasn’t paid taxes since taking charge Dick Turpin wore a Mask #Rangers

     

     

    Tweet of the day..

  10. Lhads and Lhassies

     

     

    I am still flabergasted every time I see a post from FF posted on here.

     

    The complete lack of understanding and inability to comprehend the complexity of their situation

     

    astounds me.

     

     

    whereas here and on the celtic forums the understanding of the position has demonstrated a different scale of can i say – education.

     

     

    I blame protestant schools

     

     

    no really I do

     

     

    must be

     

     

    :)

     

     

     

    HH

     

     

    Mike

  11. feedthebhear says:

     

    14 February, 2012 at 17:32

     

    ‘Im on ipad but pretty sure i heard financial guy on sky there saying he has word from up here and the city that there is serious parties interested now that they are in administration? Surely not with a huge potential tax bill about to be delivered’

     

     

     

    I can only speak for myself, but I am definitely interested in bidding for the bottle of lucozade.

  12. Serious question? How am i supposed to pretend to my girlfriend that my attention is on her tonight with all this going on??

  13. “Meanwhile, a Uefa spokesperson said: “Uefa is not commenting on the individual affairs of Rangers FC but reminds all clubs that they should always refer to Financial Fair Play.””

     

     

    how long is the queue to put the boot in now???

  14. Paul67,

     

     

    I’m loving the increased amount of “Good News” articles. Keep up the excellent work, especially the quality headlines. ;)

     

     

    The fun is about to begin. I think the bears will be really raging when (it fully sinks in) they see their players being released, even though he is currently injured I’d like Naismith to be one of the many released.

  15. 15 behind to 14 in front

     

     

    15 behind to 14 in front

     

     

    15 behind to 14 in front

     

     

    15 behind to 14 in front

  16. DUSHANBE BHILLY BHOY on

    I am away off to watch Rahman squirm on STV.

     

     

    Will John McKay be wearing the ubiquitous blue tie?

  17. brnobhoy

     

     

    if you are in covent garden there is a pub called the maple leaf 41 Maiden Lane, London, WC2E 7LJ , good food and will have all the Champs league football on.

     

     

    hail hail

     

     

    p.s. they might do Jelly and ice cream!!

  18. ernie lynch says:

     

    14 February, 2012 at 17:43

     

    ———-

     

     

    ernie………….shame on you….that’s Ethel’s juice your “interested” in

     

     

     

    Paddy T…….who is showing no interest in bikes or Canadian sodjers grass.

  19. the long wait is over says @17:36

     

     

    Hear hear!

     

     

    Although I live on the Socialist Republic and don’t get away to games often, I will be getting a season book for next season, so even though I may not be there to support in person, at least I am financially.

     

     

    HH

  20. eedthebhear says:

     

    14 February, 2012 at 17:32

     

    I watched that interview in full and I am sure he was alluding to the fact that

     

    people in the city were looking at the sale of the club to whyte as being rather strange

     

    considering the impending Tax liabilities , he seemed bemused, my take was that it was being

     

    viewed by the city as extremely dodgy.

     

    HH

  21. Shieldmuir Celtic on

    Paul 67

     

    Why don’t we organise a simple poll on here to silence people like Keevins and Speirs who claim to know what Celtic supporters feel about all of this. All it needs is a simple question with a ‘YES/NO answer e.g.

     

    ‘Would you buy your season book next season if Rangers were not in the S.P.L.?

  22. Over..and...Over loves jelly and ice cream from the House of Hector on

    Roses are red

     

    Shamrocks are green

     

    This morning it was 4

     

    Now it’s fourteen

  23. Dead and Loving it on

    Harry Rednap and rosie advising rangers on currant tax problems

     

     

    rosie had a bite at wee Craig…… Craig suing

  24. I couldnt even keep up with the blog today.

     

     

    thats me just caught up.

     

     

    and i am such an eejit, I thought each time the PARCEL———–>

     

    comment was made that is was some sort of viral attack.

     

     

    do keep up saint sitvs

     

     

    PARCEL ==================>

  25. I must be more gracious than most of you. I would allow them back in the SPL but only if they change their name to ” We don’t need no stinkin’ Rangers fc”

     

     

    The players must also perform a 5 min Morris Dance at kick off, half time and full time in every game for 3 seasons.

     

     

    Finally all names on the jerseys must be the same – ” I play for the stinkin’ Rangers”

     

     

    Seems fair

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