So what do we know?
Need for clarification
Rangers’ potential new owner has asked for clarification on what he is buying, a franchise with a place in the SPL or the middle of a doughnut, with the ability to apply for membership to the Scottish Football League.
That clarification has not been delivered, which must undermine Rangers sale.
Rangers want an extension
Despite needing clarification, Rangers administrators, Duff and Phelps, failed to attend the meeting and asked for a further extension (it’s like the 2007-08 league season all over again). Curious, to say the least. Clearly they were not in a position to offer the SPL information that would assist their case.
To be revealed before 30 May
The next meeting is on 30 May, by then the First Tier Tribunal on Rangers Employee Benefit Trust will have reported. There will also be a considerable amount of information in the public domain on how Rangers operated under Sir David Murray. With all this information available, it will be impossible for the SPL to further delay publishing the findings of their inquiry into Improper Registration of Players by Rangers. In disciplinary terms, this is the big one.
What about Craig Whyte?
Bill Miller was appointed preferred bidder on Thursday but, as floating charge holder, Craig Whyte can ask the court to block stop Duff and Phelps disposing of Ibrox. We don’t know Craig Whyte’s mind, or if he has a deal with Miller, but if they are not working in partnership, you can expect a late and effective legal block put in place to stop the disposal of Ibrox.
So what does it mean?
The chance of a Newco being in place, in the SPL or SFL, for the start of next season has never been more remote. On 7 May they don’t have a buyer, after 10 weeks they don’t have the stadium and the moral outrage over what looked likely to be voted through today is beginning to gain traction.
Today was the best chance Rangers had to cut a quick deal with the SPL. Further delay only means more time for the other clubs to work on contingency plans and to be lobbied by their own supporters.
We are six days away from the end of the season and Duff and Phelps have to put enough of a confirmed deal in place to convince someone to part with £11.2m. They don’t have passage into the league and they don’t have a stadium to sell.
If Bill Miller stays in the game until the end of the week and submits a formal offer for the stadium and other assets, we can expect Craig Whyte to go to court to halt the process. I cannot see how or why Miller, who doesn’t even have a passport and has made no moved to come over and negotiate in person, would put £11.2m on the table when he doesn’t know what he is buying, or what sporting and financial penalties are coming his way.
Rangers will have to overcome all these obstacles long before 30 May if they are to stay in the game long enough for Newco to inherit their place in the SPL but their chances of surviving that long is dependent on a positive outcome from the meeting that has now been postponed.
They look marooned; I don’t think they are going to make it.
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the glorious balance sheet on 7 May, 2012 at 20:40 said:
Nice to know he’s a
stickler for the rules
Paddy Gallagher on 7 May, 2012 at 20:43 said:
Magnificentseven
I was/am sticking up for the board, I genuinely believe they are playing a blinder
sorry Paddy missread your intent
How can UEFA do anything else but become involved?To sum the situation up.The SPL have a decision to make.They have to punish a team which has perpetrated a fraud of enormous magnitude.The only problem,it will impact them financially,endangering the viability of their own clubs and making a fair outcome impossible,not to mention the physical threats they’ll receive.Therefore,if UEFA stand by and watch this happen then they’re no better than Rangers,the SPL or the thugs.
As someone posted earlier, the SPL don’t need to wait on the FTT regarding the 2 contract situation so why are they waiting.
If this doesn’t tell us they are upto no good then nothing will.
sparkleghirl,
That would work if he finds a way that it can be done under an Ordinary Resolution and ignores the sections I’ve quoted above!
Ballantyne’s behaviour tonight does not surprise me in the least. Ogilvie is on that board as well if memory serves, and someone has already said Doncaster is there too. They are lining up to get their own way.
And in the meantime from Celtic Park? Silence.
Alone, of every club in the land, we are saying not a word.
By Skill and Hard Work
If my Latin is right
Magnificentseven
No probs mate.
vmhan, r u lookin for me???????
Gordon_J backing Neil Lennon on 7 May, 2012 at 20:35 said:
I 100% concurr with your reading of the SPL AofA’s.
Was just about to post the same but no need now. Added to my take you were way more concise.
;-))
MWD
THis is all reminding me of Colombo, the detective show that is.
He is pretty sure all along who dunnit, what way the story is going and the perpetrator at times thinks he is getting away with it.
But then the bold Colombo says: ‘Eh, just one more thing……’ and points out the blindingly obvious to the guilty party and the audience.
In this case he says:
‘Eh, just one more thing RFCIA, something doesn’t add up to me. You seem pretty edgy when the post man turns up. You waiting on somethin’? Say a bill of some kind? You know sir, I think there might be two letters coming your way. That bill and then the other one that tells you your gettin’ evicted. Old man integrity knew about it and he was about to speak up so you tried to silence him.
Mrs Colombo sir, she said to me the other night, somethin ‘ ain’t right about that. On the face of it your company is gettin’ a new start, but there’s too much baggage sir, too much baggage, so you try to muddy the water.
But them letters sir, you can’t stop ’em, there comin’ and there’s nothin’ you can do.
Eh, I wouldn’t reach for that smokin’ gun Mr RFCIA, we got you surrounded. Now, where’d I put my matches? Oh yeah, there they are, right beside your shredder. Forgot about that one didn’t we.
Take him away. Oh, just one more question – how do you sleep at night?’
Jude 2005,
I have spoken to Abercrombie on a number of occasions, and he is a decent referee.
The bigger question is why was he put in charge of that game?
He makes no effort to hide his support for Hearts, so why was he given such a vital game , particularly when it was , if my memory serves me correcctly , it was his last game as a senior referee.
I am sure that if we questioned the powers that be they would say that sort of thing no longer happens.
Ballantyne probably drove the flute band over.
ton-Che-dan
Posted on last article but Paul67 scooped me again.
Congratulations to Linzie, Shaeden and you on the birth of Shaedens wee sister.
MWD
Magnificent seven – what makes you say the Board are playing a blinder – quite frankly their continued silence simply makes them look complicit.
Silver City Neil Lennon – thanks for that link. What a find ! My congrats sir.
Yet another example of a two-faced hypocrite who would do anything to save his beloved rANGERs.
To our board – the solution is clear, get us the hell out of this rotten little place.
Hail Hail
NegAnon2 on 7 May, 2012 at 20:49 said:
Magnificent seven – what makes you say the Board are playing a blinder – quite frankly their continued silence simply makes them look complicit
complicit in what?? nothing has happened yet!!
Magnificent Seven
How can the board be playing a blinder if “nothing has happened yet!!”
The SFA Professional Game Board:-
Chairman: Rod Petrie (Scottish FA)
Members: Jim Ballantyne (SFL) – Rangers fan and active participant in fundraising efforts to save Rangers (as shown by his attendance at Windsor Park today with his RFC fighting fund badge)
Neil Doncaster (SPL) – Newco Cheerleader in Chief in the media
Peter Lawwell (SPL)
David Longmuir (SFL)
Alan McRae (Scottish FA)
Campbell Ogilvie (Scottish FA) – was paid thousands of pounds by RFC via EBT
Stewart Regan (Scottish FA)
Sandy Stables (SHFL)
3 people out of 9 on the SFA board – who presumably will be heavily involved in disciplinary matters relating to Rangers – are seriously compromised by their known allegiances to Rangers/ financial connections to Rangers.
Only in Scotland.
James Forrest is Neil Lennon! We are ALL Neil Lennon! on 7 May, 2012 at 20:47 said:
Ballantyne’s behaviour tonight does not surprise me in the least. Ogilvie is on that board as well if memory serves, and someone has already said Doncaster is there too. They are lining up to get their own way.
And in the meantime from Celtic Park? Silence.
Alone, of every club in the land, we are saying not a word.
=========================
James, I am looking for an answer to this question in case I am missing something obvious:
What are people looking for Celtic to say?
In my own mind a statement now is nothing but hot air. Other than a very short ‘Celtic are watching the situation very closely and will strive to see that sporting integrity is upheld’ type statement, I really do not see what good a public comment would do at this stage other than make Celtic look bad.
Once the investigations in to dual contracts are done then it is time to speak and to seek redress. But to do it before it is rubber stamped strikes me as dangerous ground.
Keeping to the high ground and watching the battle unfold is the best place for Celtic to be right now – above the fog of ‘war’. Timing will be everything.
kayal
Cosgrove refered to us bead counters till I complained to radio Scotaland abt him.
Forming a Newco could be the least of their worries, they’ve still got ole Craigy Whyte. Na Na Na
*too many Na’s to count*
Always a hero CSC
Gordon-J
Re SPL articles. I have emailed the SPL asking them to clarify why this share trasfer would not fall into the 90% or 83% categories you quote.
NegAnon2
It was me that said the board are playing a blinder, wait till the prosecution and defense have both had their say, then judge.
Dark sides story changes like the weather, pause, think, STRIKE!
pggtips2 on 7 May, 2012 at 20:54 said:
Magnificent Seven
How can the board be playing a blinder if “nothing has happened yet!!”
show me where I said that!!!
Moonbeams,
Have just e-mailed Mr Doncaster to see whether he agrees with me or not!
wowowowowow! One hell of a statement from the Raith Rovers board http://www.raithrovers.net/3237/board-statement.htm
or the middle of a doughnut
very funny
starry plough on 7 May, 2012 at 20:30:
“Tom Miller @TomCommentator
Strange to see AIRDRIE Chairman Jim Ballantyne in Directors Box at Windsor Park today c/w his Rangers Fighting Fund badge !”
Not a surprise in any way if you know Airdrie and the peeple that populate it – including George Peat of course.
sparkleghirl @ 20:56,
Me too – just saw your post abive!
KOJO You will be okay hail hail
And to add insult to injury, Tony Watt’s emergence has been like Christmas has come early to Airdrie Utd, with more to come as Tony’s career progresses.
Ccb
It was Bill Crombie according to Clark. Abercrombie is half biscuit half coat!! lol
Steinreignedsupreme on 7 May, 2012 at 20:58 said:
I’m a Lanarkshire Bhoy, went once to Airdrie for a 21st, that was enough!!
Needless to say I held my own!!
Hail Hail
Probably on my own here, but Celtic should still keep silent. The full facts are not known, the big tax case appeal decision hasn’t been announced, and I still think there’s loads more to come on thems in total. Keep letting thems and thems acolytes make fools of themselves, and wait til the big tax case appeal result comes through and more evidence of dual contracts. I would expect a statement after that, and certainly some time after the league flag flies high on Sunday.
Amanda Holden auditions for Loose Women.
Bloke109 is Neil Lennon
Exactly bud, never show your whole hand!
Stein
Airdrie is over 400ft above sea level so thers a lack of oxygen getting up there!! Ps Coatbridge is famous for coal and steel. Airdrie is famous for stealing coal!!