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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1872 SPONSORED WALK
The RFFF 1872 SPONSORED WALK will take place at Ibrox Stadium on Sunday 20 May 2012 starting at 12pm. The walk will be 1 mile 872 yards; this will be made up by walking round the perimeter of the stadium, finishing with a final lap of the track inside the stadium. You will be allocated a time slot depending on the initial of your surname i.e. A – H then I – M then N – Z. These slots will be communicated on the Rangers website (rangers.co.uk).
Once your sponsored walk form has been completed, either post or hand in the completed form along with cheque made payable to ‘The Rangers Supporters Assembly’, Argyle House, Ibrox Stadium, Glasgow, G51 2XD no later than 16th May 2012. Please tick the box provided to indicate whether you are a Small, Medium or Large t-shirt.
There will only be 1872 spots available so get in fast as they will be allocated on a first come first served basis. Each participant will have to guarantee a suggested minimum of £100 sponsorship and all proceeds will go towards the RFFF.
This could be your chance to walk around the famous Ibrox Stadium accompanied by Rangers Legends past and present whist helping the Club by donating to the Rangers Fans Fighting Fund. Please make cheques payable to the Rangers Supporters Assembly and write ‘Fans Fighting Fund’ on the back of the cheque.
On the day of the walk, Sunday 20th May, all participants should report and register to Rangers Ticket Centre, located at the Govan West Corner of the ground no later than 11am, where they will receive an RFFF 1872 Walk T-shirt and a small union flag. Free Car Parking will be available.
lochgoilhead bhoy-Is that for real mate?
Many thanks to bjmac for organising another excellent golf day and giving all of us a golfing masterclass at the same time.
Thanks to Jobo Baldie and BrnoBhoy for being such excellent company and putting up with my dreadful play and profanities. The bhoys had some very good play, Brno Bhoy hit some superb tee shots and Jobo’s 2 at the 10th was a thing of class and beauty (I won’t mention the 11th though!)
Thanks to all the other lads for making today another such enjoyable CQN occasion, look forward to seeing you all again.
HH
Hearing positive news that Rob Green could be resigning for WHU. If he does Fraser will sign for us. If Green does not resign for WHU, then Fraser will sign for them.
Keep the Faith!
Hail Hail!
THE ARAB TRUST
In a statement published on the trust’s official website, it read: “With the SPL meeting to discuss proposed new financial fair play rules scheduled for 30th May and the related ongoing uncertainty over whether a newco application may be received in the possible event of a Rangers liquidation, there remains a healthy debate amongst supporters about attempting to influence any decision which the Club may face in this regard, with many threatening not to renew season tickets and others seeking clarification on certain issues.
“ArabTRUST has continued its dialogue with the Club on these issues and this statement has been prepared to maintain the lines of communication to Dundee United supporters with regards to the situation and its potential impacts.
“We fully understand the powerful arguments in favour of sporting integrity when it comes to dealing with an application for re-admission to the SPL from a newco, should that situation arise. The club has been made well aware of the strength of feeling amongst supporters on this issue. We have been assured that these factors will be taken into account in any decision facing the Club.”
The trust is fully aware of the financial implications of the vote and in what happens to Rangers, but they have set out to correct what they call as ‘ambiguous information’.
They added: “Additionally, it should be understood that the United board must also take into account the financial well being of the club in any such decision.
“In this regard it is important to correct some ambiguous information regarding the financial consequences in order to allow an informed and balanced opinion to be reached.
“The club has four main budgeted income streams – season ticket sales, gate income, SPL distributions and commercial income. This year, the club should receive some £1.4m in respect of SPL distributions. The SPL funds derive from all of the commercial contracts entered into by the centre, the largest one of which, the SKY/ESPN TV deal, accounts for almost 80% of the total funds distributed.
“If Rangers were not in the SPL, the Club stands to lose gate and commercial income of approx £300k. For many of us, this is a price worth paying to preserve sporting integrity. Indeed, there is a strong argument that this amount could be recouped from the fruits of a more competitive league and a more equitable distribution of SPL monies. It is therefore misleading for some reports to suggest that SPL clubs are dependent on this source of gate income to survive.
Rather than seeing the loss of a Rangers away support as a major factor in the matter, the trust believe that the SKY TV deal would have a major effect on the vote.
They continued: “Of far greater consequence however, is the potential impact on the total amount of centrally distributed SPL revenues. The situation with the SKY contract and the clause apparently stipulating four Old Firm games has been widely reported. The new contract has not yet been signed. If SKY decides not to renew altogether, as some reports suggest, it follows that the distribution to clubs would be reduced by some 80%. Based on this year’s figures, instead of receiving circa £1.4m, Dundee United would receive something like £300k – a reduction of £1.1m. Added to the shortfall in gate income, the Club would stand to lose some £1.4m, or 30% of turnover. For many other clubs, the relative reduction in turnover would be even greater.
“A reduction in income of this sort of magnitude would have a serious impact on some clubs’ ability to continue trading without drastic action being taken, assuming this is even possible for some in the time available.
“Even if the contract was renewed, but at a lesser value, it will be seen that any significant reduction will also have a serious impact.”
The trust then looked at recent events with the likes of Sandy Jardine and others associated with Rangers Football Club making veiled threats towards the whole of Scottish football.
“There is little doubt that over the last few weeks, the attitude amongst many supporters has hardened against the re-admission of a Rangers newco to the SPL. This has been due, in large part, to the damning report issued by the SFA and also to what many regard as the unapologetic attitude and threatening, bully boy antics of certain individuals associated with them.
“However, it remains incongruous that in denying a re-admission, many completely innocent clubs may, in relative terms, be punishing themselves much more than the guilty party. This defies natural justice and, given such circumstances, it is understandable that some are reluctant to call for a “no” vote.
“It is imperative therefore that the situation with SKY is clarified as a matter of urgency. As a national broadcaster they should be called upon to confirm their ongoing commitment to the SPL as a whole and not just appear to give the impression that their interest is solely based on the provision of four Old Firm games per season. This is additionally important given the Rangers management teams’ assertions that the transfer ban for season 2012/13 could cause them to finish in the bottom six of the SPL or indeed suffer relegation.
“In the event of a vote on a newco application to the SPL, clubs must be able to vote on the grounds of sporting integrity alone, without the fear of the unknown preserving the membership of a club which has been found guilty of such serious breaches that the SFA considered terminating its membership.”
While many supporters are holding off on renewing their season tickets, as they await news or judgement on the Rangers issue, the ArabTRUST have called on the fans to support the club and to renew.
“We will maintain our regular communications with the Dundee United Board in order that they continue to understand the views of their supporters in this crucial matter for the Club and Scottish football. In the meantime, we would urge all Dundee United supporters to focus on supporting their club in the first instance, particularly by renewing or buying season tickets for 2012/13, to help ensure that revenues from this vital income stream are not impacted by the fall out of mismanagement at another club.”
ernie lynch @ 20:53
Surely that second last paragraph should have read ‘This could be your last chance to walk around the famous Ibrox Stadium……’
;-)
Hail Hail
ballabhoy
Hi knoxy2000
This is a Novena to Padre Pio that Ive got all my email friends and relatives to do for wee Oscar. I hope you and your family and all the CQN bloggers will do it too to help . It may also help you and your family get thru this terrible time.
YNWA.
http://www.padrepio.catholicwebservices.com/ENGLISH/Novena.htm
adi_dasler alison/ali douglas that the girl. BTW who is Sea Breeze? art of war nice work if you can get it. gorbalstam good to see you sticking up for your sister-dad!!!!! Hail Hail Hebcelt
Lennybhoy
So we’re FF’s second choice by the looks of it.
Read on E.Tims a few weeks ago that his girlfriend lives in London hence his desire to move down there.
ballabhoy on 20 May, 2012 at 20:56 said:
ernie lynch @ 20:53
Surely that second last paragraph should have read ‘This could be your last chance to walk around the famous Ibrox Stadium……’
I’m sure the experience will be improved by pushing a shopping trolley.
Hebcelt
Summer Breeze aka Paul Elliott
ElDiegoBhoy on 20 May, 2012 at 21:01 said:
Lennybhoy
So we’re FF’s second choice by the looks of it.
Read on E.Tims a few weeks ago that his girlfriend lives in London hence his desire to move down there.
+++++++++++
Celtic should be every mans prefered club, sign with pride or please your bird.
Hi Paul
Could you add OSCAR after (too to help) if possible on that last blog of mine. Thanks Jude
Can’t believe we are being held to ransom by FF.I would put him in the same bracket as Rab Douglas,easily replaceable.
Art of War
Pawel Brozek is Wisla Cracow man. I’m Legia Warsaw man who likes Celtic very much. Could not let the lies prevail.
Ah, I see Celtic have not signed Jan Mucha yet.
Mladen Petric just released from Hamburg. Decent striker with lots of experience. Good signing for free.
Anyone think Klasnic would be a decent free- for a year. Experience. Good in the air.
goldstar10 –
A very enjoyable day indeed and think I underestimated the sun – burning up here! As for your profanities, as I was regularly on the wrong fairways I managed to miss most of these! And for the record, I was 14 for 2 on the back 9!
I’ll sleep well tonight…
wonkyradar on 20 May, 2012 at 18:38 said:
Cannot believe you are serious about that post mate
GS took us to last sixteen twice and won 3 leagues in a row!
The tactic you disparage so much ..v Man U, got us one of our best ever results in Europe- as has been mentioned by others- Jock Stein didn’t hesitate to put the shutters up when he felt it necessary in the season we won the Big Cup.
Both JS and GS had a few things in common- one of those things was winning 3 titles in a row, something no other Celtic manager has managed since the nineteen canteens.
“Not Celtic minded”… ffs….are you on the mungo jerry? ;-)
They are both bigger Celtic men than you or anyone else on here could ever hope to be!!
HH
M
On live scores its saying auxerre 1 montpellier 1 SUSP
anyone know whats happening
EDB
Sometimes the rumours that fly around a potential transfer can lead us to false conclusions.
Now, as you know, I have no inside contacts but I like to think I can undertand and empathise with other people who think differently from me. So i set myself to thinking what Fraser might have been up to.
Now what if Fraser was refusing to sign for Celtic, on current terms, because he was waiting to see what else was out there for him. Maybe, his agent had heard that West Ham might be needing a new goalie. Fraser might fancy holding off from signing a contract with Celtic until he hears what else is being offered. Maybe West Ham don’t want to discuss offers with him until they know where they stand with their keeper and know the division they are going to be playing in.
Now that those unknowns have been established, maybe west Ham have made their move and Fraser has said “no!” or the Hammers have said “no thank you” to him .
That does not mean he has put Celtic first but it would mean we are not, necessarily, behind West Ham in his thoughts.
Most of our players do not sign the first contract offered by Celtic because they love us so much. Most of them try to screw the best deal out of us that they can. That applies as much to Celtic supporting Glaswegians as much as to Englishmen, Italians or Koreans.
However long it takes, it will be a result if Fraser signs for us. Well, as long as we have not paid him outwith our wage structure, which I doubt, it will have been good.
imagine you werent a Celtic man
imagine you signed for Cetic
imagine premier league wages
Celtic family or massive cash
as a footballer, with no connections to us
decide
Agents killled the game!
A happy/content player is no use to a money hungry agent!
fanadpatriot on 20 May, 2012 at 21:06 said:
”Can’t believe we are being held to ransom by FF.I would put him in the same bracket as Rab Douglas,easily replaceable.”
I’m struggling to think what bracket that puts you in.
Congratulations to Albion rovers on survival today & GIRUY airdrie united /clydebank whatever your called these days.
HAIL HAIL
Erniie lynch.
TRY
sftb
Thanks for that enlightenment my friend. Meanwhile offline Lennybhoy and my poorself have had a separate exchange:o)
Livescore is reporting that the Auxerre : Montpellier game has been suspended.
Anyone know what’s happening there?
Left wing back for Napoli looks a player. Didn’t catch his name.
ElDiegoBhoy on 20 May, 2012 at 21:01:
Not necessarily, Agents are funny people!!
Blantyretim:
Excellent night on Friday. I worked out the Speakers were on for three hours minus half hour break.
Pass on my thanks to the original Holy Goalie.
How did he young Nephew get on at Falkirk?
Keep the Faith!
Hail Hail!
Apparently Auxerre fans protesting about management.
As far as I acn tell it’s been restarted.
setting free the bears on 20 May, 2012 at 21:19
Still playing on Wullie Hills.
EDB
I’m sure Lenny has more inside info than I have.
However, I’d like to remind the judgemental among us that Henrik thought long and hard about his contract renewal and negotiated hard for a testimonial pay off to round it off and up.
Do we call him a mercenary too? Or just a modern footballer?
Montpellier game is underway again.
SPF
Given the massive no show at the huns sponsored trudge-a-thon today, will there new battlecry be “We don’t do walking”.
Players will come and go for various reasons, the core of supporters have a lifetime commitment to Celtic, no one more important than the other!
Auxerre again. Tennis balls and tiolet paper thrown onto pitch by Auxerra fans caused suspension of game.
Pitch has been cleared and game restarted.