My friends in Celtic, the day has come. Rangers are dead. The Old Firm existed for many years but we all now know that particular duopoly was terminated years ago – on the day Murray International Holdings bankers tried to put Celtic out of business, to be precise.
Today, we stand proud and alone.
“Celtic are in an exceptionally strong financial position. They can survive the vagaries of football fortune, or economic downturn, without the threat of cutback should income dip.
Conversely, Rangers are in dire trouble. This year will not be financially the worst Sir David Murray has bestowed on his club, but it will make for horrendous reading to any prospective buyer of the club and provide further evidence that they are hopelessly adrift of financial security.
Winning the league this season and qualifying for next season’s Champions League will not provide succour from their structural problems, it would only result in a temporary slowdown in decline.
Rangers debt has risen inextricably, and is set to continue to rise, at a time when bank facilities have become more difficult and expensive to acquire.
Should new HBOS owners, Lloyds TBS, take fright at the property-to-football conglomerate, Murray International Holdings, which includes Rangers, frankly, the consequences are so dramatic, I don’t think we should discuss them, as I have trouble sleeping when I get too excited.
We live in a time when things which simply cannot happen, happen. When some of last year’s most credit-worthy companies in the world have gone into receivership; when one of the centuries-old pillars of the Scottish business community crumbled in days.
No company dependent on a significant increase in its debt is safe.
Rangers Football Club, 1873 – 20??”
The years since 2008 have been hard for Celtic fans. We watched our team lose three consecutive league titles to a former club, who despite their self-evident mortal danger, continued to fund a league and Champions League challenges.
We stuck to budget and lost trophies. This was a hard decision but it was absolutely correct. Football regularly throws up clubs who will recklessly burn cash. You can indulge in their lunatic ways, or sit it out, tell your fans you cannot afford to spend more, and hope that in time your judgement is proven to be right. Today is vindication for all those hard years.
I’m not a financial analyst and never actually spend too much time reading Rangers accounts but the above synopsis was inescapably obvious – and this was years before I knew about the EBTs. Rangers directors would have known this at the same time, if not before. If they were blind to it, they were equally useless. Only God above will know why they didn’t rein the horses in, lose a few leagues, but kept their football clubs in business.
1,200 Comments- Pages:
- «
- 1
- ...
- 10
- 11
- 12
- 13
- 14
- 15
- 16
- ...
- 32
- »
Kelvinbhoy
I have 2 girls bikes suit teenagers, in almost mint condition, you can have them, I live in Clarkston so easy pick up for you.
Email me on brianmulreany@gmail.com for my address.
Great day for the good guys, mineshafters & happy clappers alike.
I think of family & friends who have had to take the pain of losing title after title to a club funded by foul practices by both Rangers and the SFA and I smile and raise a glass.
Here’s to them.
We have won.
Big Mike on 14 June, 2012 at 20:10
They are not the same club, they are The Rangers formed about 8 hours ago or so. The old Club were Glasgow Rangers formed 1872. Do not let anyone tell you any different, they are dead, gone, extinct! They are not even a member of the SPL or SFA!
Hail Hail!!
big mike
“Still the same club ” – no it isn’t…
Celtic Mac on 14 June, 2012 at 18:29 said:
———————————————————————-
Ian Paisley arrives home after a day of doing whatever the hell it is he does and says to his wife ‘WHAT THE HELL IS THAT!!!!?’
‘It’s an air freshener’
Dr Paisley fires the offending article through the living room window and says
THERE’LL BE NO POT-POURRI IN THIS HOUSE!!!!!!!’
Doc,
sounds good and even as a someone of no religion I pray you are right, right now I feel like one of those Japanese soldiers that were uncovered in 1949-50 – they simply couldn’t believe the war was over.
It just seems incredible, can we really have won? Can we have won by doing the right thing? By staying within our business plan? By not pandering to newspaper squealing? Even by ignoring the pleas of our own support to attempt to match the Zoms £ for £?
Please let it be so.
FGF@19:57
Part of your wishlist has happened already
NewClub has no history
Its good to know that in my lifetime, they will never surpass Celtic’s 43 (and counting) League titles
In the heat of Lisbon on 14 June, 2012 at 20:10 said:
10pm tomorrow night, light up the sky.
Do you still the Catalans in the Spanish side are still pissed that we sent O’Duffy and his blue shirts to help Franco. They must be they, they will not us play with their ball
Big Mike on 14 June, 2012 at 20:10:
“Well I dont understand how anyone can be happy.”
The shareholders of the club who were liquidated today were certainly not happy as they heckled the administrators and demanded to know why the team they supported were no longer in existence.
They don’t seem to think nothing has changed. Get over it. There is a new club Govan and they have still to sign their first player yet.
Celtic Underground @celticrumours
So just to be clear – The Rangers are the least successful club in the world. No titles, no games won, no goals scored.
Nafos
We won…. ;-))))))))))))))))))))))
I cant wait to bring out my your paranoid black book once I am home.
I get the feeling I will never see any of them ever again.
I promise to party with you whenever I get home and for exactly this reason.
Nobody more delighted than my mother.
Lots of Love from a hun free universe.
HH
AndyM on 14 June, 2012 at 20:15 said:
They are dead, go to YouTube search the Monty Python, Norwegian Blue, that bird is Rangers.
Anything that follows is not them, no history, just a money making exercise trying to make fleece a fan base wandering aimlessly rather than follow following.
Andym
As I said in an earlier post it IS so.
Rangers will be liquidated – nothing anyone says will change that and in the heart of hearts of even the most deluded and extreme Rangers fan that is the truth , no matter how much they may try to convince themselves to the contrary. And they know it.
BBC spoke to a couple of RFC shareholders today. The more articulate type of Bear I suppose.
None of them were in any doubt that today marked the end of RFC
TMWTL
Add No players, No dignity and No Rangers to that list
id just like to add a couple of relevant points.. (at least for me anyway)
1 – on my FB, i have several hun friends, i can see what they are discusing, with the new timeline, and out of the 12 that i could count as ticket holders, ALL of them are not renewing if they are in div3….. and they have ALL cancelled their DD.
they arent walking away… they are bloomin sprinting… and if u think this boycott season tickets palava, isnt a consequence of the above.. then u are daft :)
the thing is, we are not anymore….
2 – and on a rare celtic related note… is there anyone with any common sense on here that believes if the huns go to div3. then we wont buy any players ??
i for one would think that we should be playing 2 or 3 of the youth squad for a season or two. (cos we could) and let them flourish without the cancer that we are free from…
im not buying the, we need big players for europe answer either… as its unrealistic…
oglach on 14 June, 2012 at 20:17
Viva la Quinta Brigada!!
oh and for anyone looking for an argument about the history here is the complete answer.
How can a company formed in 2012 claim to have won a trophy played for and awarded before it was even born?
kelvinbhoy on 14 June, 2012 at 19:58 said:
I have a kids bike suitable for a 2-4 year old. Been outside so may have a bit of rust so let me check that can be cleaned up – I don’t want to hand you a pile of junk! I’m in Edinburgh but can bring over to EK since I’m over visiting family regularly.
Cheers Doc
George Square it is then @10pm
fitting eulogy, lol
jake the snake @celticservant
RT @JordanneFordx: My dad’s just bought this for £5 off the paper guy in town aha :)) http://yfrog.com/odw7ntgj <~~ sensational!
A wee souvenir of todays big news…
Evening bhoys, very infrequent poster here.
Heard proddy forsyth on 5 live earlier and he gave an account of why fplg is so upset! he had a meeting with green which turned into a full blown arguement when fplg asked why green didnt want him as manager, not believing our new hero’s answer fplg then gets the SA tax dodger king on loudspeaker who says green had told him this, green angrily denies again saying why would i say that to you when i have never met you and spoke to you once! at this he reaches over and switches fplg’s phone off!!
Then as if by miracle the cardigan comes out of the woodwork with his 29th hour bid to buy the carcass. Proddy sums it up by saying they are trying to trap green in a pincer movement.
Dirty sleekit backstabbing undignified hun bassas, always have been and always will be.
Hail Hail
ps Oh the blue room is bare,
cos there’s no team in there!!
benjybhoy mul on 14 June, 2012 at 20:11 said:
Just sent an email – cheers
Kelvinbhoy
Asked big Ross from the caring city today”any spare bikes mate”says he’ll have a look.
One charity to another,that must be legal shooo
ooooooooooooorly.
From RTC lost of references to Walter’s EBTs. Does the BBC have a question to answer. In their investigation they found evidence of players side contracts and values for EBT payments. Walter didn’t feature in the spreadsheet. I always thought that the more interesting payments would be those not published. Is there evidence that hasn’t been published that Walter was included in the EBT payments, did he receive these after leaving the club? Perhaps when he was no longer an employee? Perhaps someone needs to start investigating the BBC!
NatKnow – “We welcome the paper-chase…” on 14 June, 2012 at 20:23 said:
Cheers – let me know. I work in Edinburgh on a fairly regular basis so if you are not over this direction then we may be able to arrange to meet up.
Snake Plissken
an unfortunate analogy , if you dont mind me saying…
HH
macky on 14 June, 2012 at 20:20 said:
I’d like Celtic to sign young Ross Perry, decent young player who Martin O’Neil tried to sign as a kid.
Vested interest from me, his family are friends, I spent an hour or two with his Grandad last week, Rangers(RIP) supporter and good man, great family.
Other than that, who would even get close to our first team, Davis, McGregor?
Cheers for that lads, I’ve been delaying renewing my two season tickets and in fact I still want to make sure that we dont have Night of the Living Dead in the SPL next season, but it is beginning to finally sink in that justice has prevailed…..finally.
Even though I can’t quite believe it I’ve been saying for a while now – sit down and watch Black Sunday again and smile because all that represents is down payment on their demise, ditto Rugby Park 2003.
Just can’t quite comprehend that it’s here.
Tomorrow will be “time for whisky “.
RFC 1873 – 2012; died chasing Lions.
voguepunter on 14 June, 2012 at 20:27 said:
Cheers VP….
Snake – you’re a good man, but that’s entirely inappropriate. Please ask Paul to bin your post.
T4
My only interest in Euros is to see how McGeady is progressing.
If only his teammates could get the ball to him I might find out.
Big Mike on 14 June, 2012 at 20:10 said:
Calm doon…..LOL
They no longer exist ……their humiliation is total ……….they’re arrogance has been shot to hell……
And it will take them about 20 years to recover, if they ever do….look at what happened to Leeds………..
green is in there to line his pockets….
I find it very amusing that the vultures have landed……….that they waited until after liquidation shows how much they REALLY feel for the non-club ……… Remember, Fergus came in attyne honourable time….he could have waited until the corpse was dead, like they have……
This is going to turn out really bad for the ……THE final nail
Rejoice…….the billy boys are now the silly boys……like the new name for their non-club……….THE…………..
Not one of them has looked me straight in the eye today……..doo doo
Isn’t ironic on the day that Rangers die that Ireland play Spain.
Ireland a team and nation whose football players have graced almost all clubs in the UK except one.
the long wait is over
Indeed but it highlights the severity of what has in fact happened to them and no amount of PR is going to change it and make no mistake it is a devastating blow.
As I said, I did not mean to offend or hurt anyone with that post, I just wanted to highlight the severity.
If it is the same club with the same history then why are they all crying?
They know something they love has now gone the way of the dodo.
Snake
That’s was a bit heavy,mate.
Old scum club/ new scum club,at least they cannae get 6 stars on their new kit ……….though their hard kneck’d enough to do it.
http://www.youtube.com/watch?v=2rwA4cjnSus&feature=youtube_gdata_player
Exclusive secret footage taken at todays liquidation meeting at Ibrokes.
Be wary some strong scenes
HH