Rangers and Newco both look marooned without clarification

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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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  1. Neils t t

     

     

    Gonnae stop daein that.? Mrs c thinks am lookin at dirty pics when i turn ma L T upside down.

  2. Celtic_First on

    Hen1rik

     

     

    Not easy I realise when you copy 100 tweets a day, but when you choose the multitude that you paste onto CQN, can you not have a touch more respect for the host’s rules?

  3. Steinreignedsupreme on

    James Forrest is Neil Lennon! We are ALL Neil Lennon! on 7 May, 2012 at 21:27:

     

     

    “Whilst the cheerleaders for Rangers are banging the war-drums, we are silent. And that silence costs us every single day.”

     

     

    Nothing has happened since 14 February. There is no change, just a lot of hot air. It is costing us nothing.

  4. Stringer Bell on

    East Stirling chairman Spencer Fearn.

     

     

    Raith Rovers chairman Turnbull Hutton.

     

     

    WTF!

     

     

    Is there a factory somewhere that makes these people ???!!

  5. Celtic_First on

    Stringer Bell

     

     

    That’s rich, coming for a guy with Stringer as a first name. Hmmmm.

  6. Steinreignedsupreme on

    starry plough on 7 May, 2012 at 22:01:

     

     

    “Ah the glory days…”

     

     

    Aye. When I could actually run and laugh at the same time…

  7. All the punishing Celtic rhetoric is absolute nonsense.

     

     

    Like me I’m sure anyone contemplating whether or not giving up their season books because they are either not willing to watch a game modelled on WWF (except only Rangers get to win) or are considering their position dependant on how the board act will be acting with heavy hearts. Especially so if they have young children who will also be devasted that their parent is making this decision.

     

     

    No matter what anyone thinks of me if I decide not to renew I will survive knowing I have been 100% honest and stuck to principles and morales I hold dearly.

     

     

    I firmly believe it is a harder decision to give up going to watch Celtic as it is to just keep going along because it gives me enjoyment (most of the time). Funnily enough, most of the principles and morales instilled in me where afforded to me from a young age given to me by my parents, my education and being part of the Celtic family. I can accept cheating and dishonesty from those I already expect it from but I cannot accept cheating and dishonesty from those I hold in high regard. If Celtic do not provide me with evidence that the have acted honestly and morally on this issue I will feel betrayed by those in a position of power at my club. Therefore in that circumstance I will not return until they are gone. Sadly and more gutting for me is that in that circumstance my son will also not be able to attend Celtic Park.

     

     

    I have already discussed this with my son. He doesn’t understand why he might not be going to Celtic Park next season but hopefully when he is of an age to understand he will not hold it against me.

     

     

    Celtic will not be punished as much as my son and me are by my decision not to attend if that is what I decide.

     

     

    Hopefully it will not come to that but anyone of you who keep spouting the “Punishing Celtic” emotional rhetoric. You really have no idea.

     

     

    I respect your decision. So why do you feel it necessary to knock mine?

     

     

    MWD

  8. UEFA must impose sanctions against the SFA and the Scottish national team for aiding and spa betting corruption in the Scottish game. This needs to result in the Scottish national team being expelled from the 2014 world cup and the 2016 European championships.

     

     

    FIFA ( Blatter ) needs a success against corruption in the game. Here we have the SFA who undermined the Olympics football tournament based in the UK this summer ; actively involved in the most corrupt event in the history of football ( indeed sport ).

     

     

    I am just back from Villeneuve ( in Berlin now ) which is a great base for the Montreux festival. After discussions and advice from my Swiss friends, correspondence is now en route to Mr Blatter.

     

     

    This has a long way to run and soon there will be no place for Ogilvie and Regan to hide.

  9. Celtic Mac

     

     

    Airdrie ‘fans’

     

     

    Andy Mcinnes, Jim Traynor

     

     

    …says it all

     

     

    They know hee haw about ‘their team’

     

     

    Sc*m

  10. Thanks Paul mcc for the blog

     

     

    Hope the scouts are working their socks off at the mo, would love another commons or izzie

     

     

    It ‘d be interesting to see why celtic fans don’t want a newco to be allowed into the SPL, though I think right side up MWD did something like that in a survey

     

     

    night night

  11. kitalba on 7 May, 2012 at 22:05 said:

     

    deekbhoy

     

     

    He had the ‘Harp’ removed… but what did he do with it?

     

     

    ——————————————————————————-

     

     

    Knowing him ceremoniously burnt!

  12. Jim ballantyne in directors box in belfast today huns v linfield wearing a rangers fighting fund badge he is president of sfl and serves on board of sfa get this spread.

     

     

    HH

  13. Snake Plissken on

    Richard Wilson ‏ @timomouse

     

    On the Celtic story, I’ll address it now – notice will be lodged after the Hearts game. This is being sat on by the MSM until then…

  14. Stringer Bell on

    Airdrie united….

     

     

    The best thing to come out of Airdrie is the road to Coatbridge.

     

     

    Their chairman is well known locally as a Rangers man, he doesn’t go out of his way much to try and hide it.

     

     

    Unlike c young or g dalziel, for example.

     

     

    What a strange world we live in.

  15. In fact The Harp remained in place for the first 22 years of Mr Swan’s chairmanship until ground reconstruction and deterioritation in the mid 1950�s meant the entrance had to be demolished. In its place an expensive new mosaic harp was commissioned from craftsman in Ireland and shipped over to Easter Road where it hung in the boardroom. When Harry Swan died it was gifted to his widow by the club.

     

     

    Interestingly Mr Swan had also appointed his very close friend, the catholic priest Monsignor Miley as players councillor the first and very forward looking post in Scottish football. Furthermore on the death of his advisor and fellow director Owen Brannigan who was the last of the Auld Irish, Mr Swan carried the Hibernian wreath in the form of a traditional broken harp to the Requiem Mass at St Patricks Cathedral in Edinburgh.

     

     

    Would you believe that….

  16. Statement released by Dongaster tonight:

     

     

    “Facts are not always true. There are times when the truth is wrong. And this one of them. If you take away the gross cheating of Rangers over the last twenty years then they are a great club. It is a great institution- some say for the blind or the criminally insane- but it was never the club that did wrong but certain individuals to blame. We don’t beat a stick because it poked a mans eye out. Judges are there to make judgements & we have judged that Rangers should not be judged…just yet. If tongues could speak what would they say? bournesouprecipe on 13 March, 2012 at 22:51 said:

     

    For only half the game these days is what happens on the pitch- the other 90% is about the off field aspects. If the game was too cleaned up there would be no room for people like me – thats something to think about. Its a difficult time for Rangers. With everybody picking on them. They need our support more than ever. Yes we know things change: if we hadn’t invented the engine then horses would be driving us about in their cars. We may not be ready for an unforseen event that may or may not happen. Thats the bottom drawer in the basket of fate. Its a lose-lose situation but somebody has to win. It might as well be Rangers. We owe a lot to history, especially the people of the past…but now we must look to a tomorrow that can be the same as yesterday.

     

     

    Your faithfully

     

     

    DOnky

  17. My season ticket usually renews automatically. I haven’t received anything yet. Should I be worried?

  18. jude2005 is Neil Lennon \o/ on 7 May, 2012 at 22:05 said:

     

     

    My furniture is a wee bit mair subdued!! A classy Celt me…

     

     

    Has John D signed yet??

  19. ˙sʇɹɐʍ ǝɥʇ ǝɹoubı ˙suoıdɯɐɥɔ ǝɥʇ ǝɹɐ ǝʍ ˙ɔɟ ɔıʇןǝɔ ןıǝu /o\ ouɐʞ ˙pʍ sɯɐǝquooɯ on 7 May, 2012 at 22:07 said:

     

     

    You sum up my feelings on this very well.

     

    I don’t know where this will go, but if Celtic don’t try, and I don’t mean lip service, I may not feel able to go back until things change.

     

    I respect the decision of others whomdon’t agree with me.

  20. PADDY GALLAGHER

     

    ha ha i understand now!!!! I think our board are quite clear as to what they think!!!!

  21. Snake Plissken on

    Richard Wilson ‏ @timomouse

     

    Celtic were considering this option as a last resort if the SPL were not going to take decisive action. Today’s delay has forced their hand.

     

     

    4m Richard Wilson ‏ @timomouse

     

    @FormulaGreen SPL will cave when it comes to RFC NewCo if Celtic threaten to go.

     

     

     

    6m Richard Wilson ‏ @timomouse

     

    It’s credible. It’s calling the SPL’s bluff and Celtic believe that, where they go, the other clubs will follow and the SPL will cave.

  22. celticrollercoaster says In Neil we trust on

    So the Newco stalemate continues!!! No decision now to 30th May. What was the real reason behind the delay, I wonder? Never as straight forward as it seems or indeed made out.

     

     

    Meanwhile:

     

    Will it be Ross County or Dunfermline that can now vote on this revised date?

     

    Celtic season ticket (first) deadline 18th May. With our board silence, how many will renew?

     

    Huns season tickets not on sale!

     

    Huns wages go back up to 100% on 1 June.

     

    We still await the BTC

     

    Craigy Craigy White and Ticketus remain quiet, ready to pounce?

     

     

    All to play for!!!!

     

     

    HH

     

     

    CRC

  23. MWD

     

     

    A fair enough post.

     

     

    Celtic supporters should feel free to make their own decision on this without fear of derision or scorn.

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