Yesterday was not a particularly good day for football. The Edinburgh cup final was played before a half empty Hampden long before the end and Chelsea’s revival of catenaccio secured the Champions League. If nothing else the latter proved that football at the very top level is not always great. Perhaps the reason why truly great teams are so celebrated.
There is an interesting dynamic to Rangers in administration. Creditors have a cash offer of around £8.5m to consider but eight players, Naismith, Bocanegra, McGregor, David, Whittaker, Goian, Lafferty and Edu cut release clause deals with Duff and Phelps for values greater than this.
Any CVA agreed next month (unlikely though it is) could be paid for by the departure of these players. Charles Green could potentially be the second person to buy Rangers for only £1.
It is, however, unlikely that other clubs will offer money for these players before a CVA is agreed as they will be available as free agents should the CVA fail and those in control of Ibrox attempt to form a Newco. Therefore, the chances of creditors getting their hands on any of these transfer fees are limited, no matter what happens to the company.
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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Ballantyne was probably 1 of the 900 rather than watch his own team.
I read somewhere today that the “rangers fighting fund” had raised, in 3 months, the princely sum of 560k.
Must work out at about threepence each for all their “millions of fans worldwide”.
The huns last year didn’t pay tax, NI, and vat to the government, that has been established as a fact.
They used the money to trade as a going concern, that has been established as a fact.
They have been punished by the sfa for their deeds.
Yet the spl are to reward them with more than 2 million pounds.
Something not right about that.
There has to be something somewhere that stops that payment.
TET …. Or it must be used to pay the teams they owe money to …
600 at the sponsored walk?
Looks like the Huns don’t do walking around!
That Airdrie v Dumbarton game (on Alba) is really entertaining! :-)
600 odd come out to save their club yet the Saturday prior to July 12th thousands of them will exercise their ‘right’ to walk the queens’s highway and ‘celebrate’ their culture.
It tells us all we need to know, their hatred of us is far in excess of anything they claim to hold dear.
67Heaven
I believe some will be used to pay the scottish clubs, still leaves over a million.
Haven’t a clue about the song Danny, reckon that poster was talking Craig Whyte. I lived in Norwich in the 80s and developed a soft spot for the canaries, despite the fact that they have the worst song in football with their rendition of On the Ball, City!
TET
Would you kindly post the link to your cave site please.
You mentioned a cave earlier last week for sale at £7500.00
I know you said it had amenities, but how is it secured from passers by etc?
nice photo of the u19s in the mag there
i see shug dallas was at the game with collina last night
big match tonight…
8pm GMT…auxerre v montpellier
montpellier just need a draw, at bottom team auxerre, to clinch it !
3pts ahead of psg, who play away to lorient
mon the mon !
Dignity…………………………….
A K Ray, Ross Hall Hospital, Glasgow £150
ADI UK, Preston £7620
AS St Etienne, France £252,212.39
ASL, East Sussex £2514
Acies Group, Edinburgh £2340
Adrian Coll, Balloch £1600
Alan Duncan, Glasgow £1400
Alexander West Property, Glasgow £2807
Alison Walker TV, Bearsden £600
Alliance Video, Surrey £204
Aon Limited, London £14,151
Arena Imaging, Derby £336
Argyll and Bute Council £406.80
Arsenal Football Club £136,560
Astra Hygiene Supplies, Dumbarton £61.27
Audi Stirling £396.05
Azure Support Services, Macclesfield £523,949.71
Azzurri Scotland, Burnley £34.63
BTWShiells, Belfast £2917.39
Barr Environmental Limited, Cummnock £264
Base Soccer Agency, London £52,560
Bauer Radio Ltd (Radio Clyde) £702
Beyard Services, Beith £5559.60
Bhutta’s Newsagents, Glasgow £567.45
Big Think Agency, Glasgow £14,265.60
Blooms UK Limited, Glasgow £70
Brabners, Manchester £12,999
Brentwood Estates, Manchester £42,963.06
Brian Proudfoot, Glasgow £2,802
British Gas £1,562.42
BT £1,292.13
Business Cost Consultants, Glasgow £6,240.60
Business Stream, Edinburgh £9,727.22
CNP Professional, Cheshire £719.96
CRE8, Gloucester £68,406.70
Cairn Financial, London £4,127.60
Cairns & Scott Caterhire, Glasgow £762
Cameron Presentations, Glasgow £8,795.99
Campbell Medical Supplies, Paisley £3,386.73
Camtec, Herts £552
Canniesburn Taxis, Bearsden £269.69
Capital Solutions, Edinburgh £11,423.40
Capito Ltd, Livingston £1,049.69
Carberry’s Coaches, Portadown Co Armagh £1,200
Carnival Chaos Production, Edinburgh £672
Carol Govan, Glasgow £600
Cask Productions, Glasgow £1,980
Cask Sports, Glasgow £2,919.60
Catercare Scotland, Stewarton £420
Charlton Chauffeur Drive, Glasgow £792
Chelsea FC £238,345.43
Childcare Vouchers, London £1,143.74
Chilli It, Chester £416.52
Chris Clarke, Kilmarnock £150
Christine Siebelt, Milngavie £1,100
Citrus Office Solutions, Lancashire £4,304.24
City Electrical Factors, Glasgow £215.40
Clyde Productions, Glasgow £180
Coca Cola £10,133.91
Colin Suggett, Sunderland £741.80
Collstream Limited, Derby £5,779.37
Collyer Bristow, London £40,691.22
Colours Agency Glasgow £1,980
Computer Links, Livingston £2,146.32
Computershare Investor Service, Bristol, £23,855.03
Craig Services & Access East Sussex £900
Culture & Sport Glasgow £10,338.96
Daily Record & Sunday Mail £312
DealBureau Commercial Finance, Southend £10,000
Decco Limited, Glasgow £174.72
Dell Computer Corporation, Berkshire £272.85
Direct Medical Imaging, Lancashire £230
Disclosure Scotland £372
Dominique S Byrne, Nuffield Hospital, Glasgow £160
Dr David A S Marshall, Bridge of Weir £160
Dundas & Wilson, Edinburgh £24,027.84
E.ON £8,827.14
Eagle Consulting, Inverness £40
Eagle Couriers, Bathgate £96.60
Eden Springs, Blantyre £644.64
Edinburgh Audi £5,197.08
Electrical Was te Recycling, County
Durham £18
Enterprise Rent-a-Car, Stirling £9,000
Events Audio Visual, Clydebank £300
Exchequer Corporate Finance , Surrey £4,000
Executive Hire, Harlow £1,060
FES FM, Stirling £80,874.93
FL Memo, London £116.86
FX Signs, Glasgow £15,546.56
G Media Mangement, Cheltenham £995
G4S, Surrey £295,036.24
GTG Training, Glasgow £396
Gareth Neil Design, Glasgow £3,200
Gerry McGeoch, Glasgow £150
Glasgow Audi £1,041.62
Glasgow City Council £5,000
Glasgow City Council (Council Tax) £2,008.21
Glasgow Leading Attractions (The Willow Tea Rooms) £1,525
Glasgow Taxis £TBC
Glencairn Crystal Studio, East Kilbide £354
Gordon McKay, Blackridge £150
HOBS Reprographics, Glasgow £270.15
HSS Hire Service £67.10
Hamilton Brothers, Bishopton £115.56
Hay McKerron Associates, Milngavie £3,600
Hepscott Water Systems, Morpeth £1,190.28
Hrvoje Bojanic Beethoveova, Zagreb, Croatia £2,898.42
Hutchesons Eductational Trust, Glasgow £550
ILC Media, Preston £2,040
IMG Media, Chiswick £180
Impact Signs, Cumbernauld £9,482.79
Integrated Cleaning Management, Hampshire £3,329.19
Iris Chorus Application Software, Devon £5,973.60
Iris Ticketing, Devon £37,210.42
Iron Mountain, Livingston £1,271.16
JCM Business Consulting, Paisley £2,745
JJB Sports £19,390.59
James Gordon (Engineers), Galston £1,437.68
Jewson, Glasgow £930.60
Joe Lennon Picture Framing, Bearsden £840
John Deere, Gloucester £41,191.59
K7X, Ayr, £240
Kalamazoo Secure Solutions, Birmingham £4,017
Keith Hawley, Glasgow £2,600
Kevin Cameron Radio Service, Paisley £600
Kube Networks, Glasgow £7,672.08
L & S Litho, Glasgow £17,035.04
Lothian Power Clean, Larkhall £194.34
LSK Supplies, Glasgow £178.58
Lawrie Furnishings, Paisley £607.20
Limelight Networks , Arizona £2,333.49
Link Seating Limited, Worcestershire £606.98
Loomis UK, Nottingham £2,248.08
Louis Grace Electrical, Glasgow £1,087.84
Lyco Direct Limited , Milton Keynes £2,381.27
MSM Solicitors, Paisley £420
MacGregor Industrial Supplies, Inverness £106.76
Mackinnon Partners, Gourock £200
Manchester City FC £328,248.71
Manea Florin Bucharest £37,500
Mar Hall, Bishopton £5,511.90
Marsh Ltd UK, Norwich £779.10
Martin Dawes, Warrington £654.74
Media House, Glasgow £19,200
MediaCom, Edinburgh £11,544.42
Menzies Hotels, Derbyshire £257.40
Michael Douglas, Glasgow £100
Milngavie Mini Market £413.29
Modular Property Holdings, Glasgow £20,930.22
Motif Promotional Clothing, Glasgow £27.29
Murray Group Holdings, Edinburgh £278,964.30
Nairn Brown (Glasgow) £1,492.50
National Car Rental, Leicester £162.52
Navyblue Design Group, Edinburgh £6,960
Newline Products, Glasgow £7,001
Newsquest (Herald & Times £1,500
Nexo S.A., France £1,799.37
Nicola Young, Glasgow £3,500
Noble Grossart, Edinburgh £18,612
Nordic Scouting, Oslo £20,000
North Glasgow College £11,041.80
OHSS, Edinburgh £234
OfficeFurnitureOnline.co.uk, Dumfires £338.40
Ooyala, California £733.92
Opal Telecom £169.72
Orebro SK £150,000
Oxford Hotels & Inns (Carnoustie) £3,709.96
PR Newswire Europe £300
PTS – Plumbing Trade Supplies, Leicester £30.42
Paramed, Howwood £1,050
Parklands Country Club, Glasgow £500
Parks of Hamilton £7,256
Paton Plant, York £1,450.16
Perform Group, Middlesex £346,097.43
Pineapple Aroundshot, Co Durham £2,316.96
Pineapple Photographic, Co Durham £5,875
Ping Network Solutions, Glasgow £4,020.25
Plum Films, Edinburgh £3,000
Posh Deli, Glasgow £260
Postage by Phone, Essex £510.80
Premier Cash Registers, Glasgow £12,600
Prime Commercial Properties
Management, London £10,805.53
Professional Pre-Season Tours (Libero), Glasgow £60,000
Quick Shift Tyre Service, Glasgow £48
R.F.Brown, Hamilton £1,681.44
RBS WorldPay, Cambridge £180.66
RS Components Limited, Northants £204.95
Rangers Lotteries Ltd, Glasgow £105.80
Reed Business Information, Surrey £2,764.80
Renfrewshire Council HQ £108
Restore Scotland, Paisley £579.74
Rigby Taylor Limited, Bolton £10,762.16
Rodgers Sercurity Systems, Glasgow £342.50
Ross Hall Hospital, Glasgow £770.50
Ross Promotional, Glasgow £1,022.88
Royal Mail £3,262.54
SDL Group, Glasgow £1,350
SG World, Cheshire £577.56
SIR Teknologi, West Sussex £TBC
SK Rapid, Austria £1,011,763.44
STRI, West Yorkshire £17.28
Saffery Champness, Glasgow £31,028.01
Scot-West Business Forms, Glasgow £749.60
Scotprint, Haddington £7,514
Scotrae Productions, Greenock £17,058.94
Scottish Ambulance Service £8,438.40
Scottish Hydro Electric £62,527.30
Scottish Power £302.44
Search Promotional Merchandise, Buckinghamshire £6,240
Shanks Waste Management, Southampton £122.58
Sharon Agnew, Glasgow £460
Shawfield Timber, Glasgow, £786.24
Shell UK £7,637.94
Shields Land Rover, Glasgow £246.75
Shred-it Glasgow £444
Sign Plus, Dunfermline £2,473.22
Signature Industries, London £1,507.90
Simplewaste Solutions, Clydebank £17,626.26
Sinclair Pharmacy, Glasgow £1,909.79
Slater Menswear , Glasgow £688.31
Solutions.tv, Glasgow £2,652
Sound Acoustic Productions, Glasgow £12,000
Souters Irrigation Services, Cumbernauld £456
Spike Multiedia, Giffnock £5,312.50
Sporting iD, Tyne and Wear £144.70
Sportopps.com, Belfast £150
Sports Alliance, Bury £2,006.65
Sports Revolution, London £5,034.52
Stellar Football, London £72,000
Stirling Fire Protection £1,149.30
Stockline Plastics, Glasgow £258
Strathclyde Police £51,882
Striking Imagery, Cumbernauld £113.51
Stuart MacMorran, Clydebank £422.50
Summit Asset Management, Surrey £70,555.88
Susan Thomson Your Sonsie Face, Glasgow £40
TNT £1,255.39
Tabs FM, London, £1,980
Tellcomm Limited, West Midlands £6,435.89
The Arco Group, Hull £443.43
The Brite Bulb, Bishopbriggs £3,209.64
The Burnbrae, Bearsden £1,403.88
The Business & Property Bureau, Bearsden £7,376
The Business Incentives Group, Glasgow £1,893.60
The City of Edinburgh Council £90
The Fees Company, Edinburgh £118.16
The Financial Times £3,480
The Scottish Football League £3,859.92
The Premier Property Group, Edinburgh £103,210.96
Thistle International Freight, Paisley £128.42
Thistle Storage Equipment, Cumbernauld £140.40
Thomas Cook Sport, Manchester £129,216.56
Ticket Team, Netherlands £873.36
Ticketline Network, Manchester £11,668.67
Trade UK (Screwfix) £77.01
Trident Trust Company, Jersey £40,689.90
UK Fast, Manchester £689.78
US Citta di Palermo, Italy £205,513.04
Umbro £1,756.05
University of the West of Scotland £135
Vodafone £204
Voicescape, Manchester £786.84
William Henderson, Glasgow £275
Yuill & Kyle Solicitors, Glasgow £1,486.80
Celtic FC £40,337
Dundee United FC £65,981.49
Dunfermline Athletic FC £83,370.13
Heart of Midlothian FC £800,000
Inverness Caledonian Thistle FC £39,805
SPL £22,500
SFA 11,089.04
HM Revenue & Customs £14,372,042
Ticketus, London £26,700,000
Debenture Holders (various) £7,736,000
Season Ticket Holders (various) £TBC
Employees Various £TBC
The walk of shame led by Novo, Smith and Hateley. Probably just topping up the EBT’s.
NoShamepayyourdebtsCSC
Rangers director Dave King has told BBC Scotland he has first option on Craig Whyte’s shares in the club.
Prospective owner Charles Green has stated that he has an irrevocable deal with Whyte for the transfer of his 85% shareholding in Rangers.
But King says he and Whyte agreed last year he would have first refusal on the shares “at whatever price anyone offers and Whyte is willing to accept”.
Whyte told BBC Scotland King’s assertion was categorically untrue.
King claims to have come to an agreement with Whyte in Glasgow on 29 September last year and, when told of Whyte’s denial, he added: “It was verbally agreed over lunch but is legally valid.
“It suited him at the time and I will hold him to it.
“I have first option on [his] shares and would not forgo this unless I was absolutely certain that any proposed transaction, that excluded me, was in the best interests of the club,” he added.
“I have yet to see such a proposal.”
King, who is Rangers’ second largest shareholder, continued: “I stayed on because I also had my investment and those of the other minority shareholders to protect and I believe that my presence on the board prevented Whyte from getting away with more than he even did.
“The ultimate problem was that he knowingly lied to me and blocked my ability to validate some of his contentions with the club’s financial controller.
“I believed that the financial controller had a fiduciary obligation to supply me with information even though it transpired that Whyte had told him not to.
“I was also alert to the fact that Whyte would run out of time and felt that it was better that at least one independent director would be there to protect the interests of the minority shareholders and the fans.
“If I had resigned Whyte would have had carte blanche. The minorities, in my firm view, were defrauded in the initial transaction by Whyte and I intend to seek recourse in that regard once I have access to the Duff & Phelps investigation of the company’s affairs.”
But when King’s comments were put to Whyte on Sunday, he described them as “highly misleading”.
“The minority shareholders were no worse off as a result of the initial transaction as one debt simply replaced another,” he added.
“Lloyds would likely have put the club into administration last summer if the transaction hadn’t happened.
“If the CVA is successful the minority shareholders will retain their shares in a club that will be a debt-free sustainable business and not the basket case that I inherited as a result of the mismanagement of the previous board.”
King was one of the club directors identified in the Scottish Football Association’s recent Note of Reasons for Rangers’ transfer embargo.
He and his former fellow directors were criticised for not doing enough to highlight the non-payment of VAT and PAYE.
On that, King said: “The criticism of me is fair, but John Greig and John McClelland deserve the utmost praise for hanging around as long as they did in the hope that they could somehow make a contribution.
“It was only once they had become completely isolated that they resigned in the hope that this would be a catalyst for greater scrutiny of Whyte’s actions.
“I know how gutted they both were – they are unsung heroes to my mind and all Rangers fans should know that they put the club first at all times.”
So, a pound and a penny should seal it?
U
how come they owe chelsea 238k ?
TET…….D&P will eat that up in notice…..LOL
Why has no journalist asked former players the question,”were you paid using EBT’s?”
Blooming iPad
Notice = no time
TopCorner@17:55
how come they owe chelsea 238k ?
Chelsea’s share of the proceeds from the pre season friendly in August
TMWTL ……was that in D&P financial list of Creditors ….?
despite losing a wee treble bet last night via didier drogbas header, i quite enjoyed the chelski match
cattanccio maybe, Paul, but i thought it was decent
thought kalou was awesome
great header by muller and indeed by the big man
and my mate, of irish decent and 100% landenah, a lovely fella, has been a blues fan since 19 canteen so i was delighted for him, a diamond geeza
just a bit sad yer man ashley cole revealed how mixed up a fella he is with his quip…”no-one can say naffink to me now”…..come on wee lad, cheer up, ye’ve just excelled to lift old big ears ! poor wee lad – must of had a terrible childhood, spoilt rotten or somethin
Ten Men Won The League
thankyou boss !
yer on the ball again tonight
nice one
:)
Moved the hub into the sun lounge and can now use iPad in back garden…… Cool and brill…..LOL
haha dave king
defendin the indefensible greig and mclelland
follow following rule no271
“thou shalt not heckle/blame/accuse former players, legends etc”
what a load of craigy boy
31003
I don’t have the site any more.
I found out last night about quite a few more for less than 10k.
I am not sure what you mean by secure !!!!
At the moment they are holes in the hillside, a bit like a house that is getting built.
Where I live you can still leave your doors open, most of the passers by would be sheep and goats :>)))
8k euros is only 6k brit pounds just now.
As I said to yer man, you would really have to look see, there are litterly hundreds around up to 15k, they all need reforming, many have services, they all are different sizes.
Typical example, 100 sq mts living space,6-9 rooms, 300 sq mts outside space, you can do what you want with them.
The one I have is about 190sq mts inside, 11 rooms, 2500 sq mts outside, unfortunatly I bought it at the hight of the boom, still only cost after all the taxes, notarie fees etc. 32k, spent a small fortune on it, but wouldn’t part with it for less than 225k, not that I want to sell it.
http://kassiesa.home.xs4all.nl/bert/uefa/seedcl2012.html
We start Europe in the 3rd round next year with the slight advantage of being seeded all the way to the group stages. Round 3 where we come in include Debrecen (Hungary), our old friends Maribor, and Slask Wroclaw.
THE EXILED TIM on 20 May, 2012 at 17:34 said:
”Yet the spl are to reward them with more than 2 million pounds.”
Presumably for finishing second in the league?
In essence that money is going to end up in Craig Whyte’s wallet.
I know I should, but I find it hard to begrudge him it.
Have the Huns sent out season ticket renewals yet?
TET
Thanks for the reply.
Suppose the question I had in mind was do they have doors or can anyone/thing wander in?
Which area/town are you near to?
ernie
I feel the same, he deserves a medal or a gong.
Just doesn’t seem right tho, they have been found guilty of cheating, yet they are still rewarded.
Welcome to scotland, whas like us.
THE EXILED TIM on 20 May, 2012 at 18:09 said:
I think he means how do exclude the public, but presumably you buy the ground on which the cave sits and therefore own it just like a plot.
There was a programme on the BBC recently about an art historian and a chef touring Sicily which mentioned cave houses there too.
The season just finished shows that money talks Man.City spent over 1 billion pounds to win the EPL and Chelsea have spent 1 billion pounds to win the European cup.Football is now a game where mega rich owners call the shots clubs like Celtic just cant match there spending.H.H.
champions league my aunt fat sally the mighty coatbrig rovers win thats the main thing and the airdrie dour face whingers got beat and the sun is shining
HAPPY DAYS
TeT
looked pretty windy in the mountains today for the golf…
The reason the SPL are set to reward them for fiscal chicanery us because had they not cheated they would have gone out if business part way through the season. Throwing the while league into chaos. It’s the lesser if two evils.
31003
Before they are reformed they would look like a cave, after reforming they would not.
I have a front door, I even have windows, infact all the mod cons :>)
I live just outside a village called Cortes de Baza
The town of Baza is about 20 mins away, the area has thousands of cave houses, there are villages that are only caves.
Ask Emu, he has seen my place.
TET
Thanks