The Daily Record today report: “Record Sport understands Rangers would fight tooth and nail against any move to impose more than the statutory 10-point penalty” in the event “the Ibrox side have to start again under a new name”, presumably if the existing company ceases to exist.
If the Record are, in fact, reporting Rangers’ position accurately, this is the first salvo in their campaign to gain control of the consequences of a corporate failure.
The Record go on to say: “Clubs who can’t exit administration by a CVA must hand over their assets to a new entity and after shares [in the SPL]are transferred to a new company agreement has to be reached with the SPL over a return to the top flight”.
The glaring observations from this aspiration is, of course, that agreement does not have to be reached with the SPL over a return to the top flight, and that clubs who cannot exit administration by a CVA (Creditors Voluntary Agreement) must dispose of their assets to the benefit of the unsecured creditors.
The debate is framed by the newspaper to suggest a range of outcomes of between 10-25 points is possible for Rangers Newco FC to pick-up the SPL shares and league position of the existing Rangers FC, with a 25 point deduction being wholly unpalatable to the new company.
There must be absolutely no presumption that a newly formed company, who happen to own Ibrox, are entitled to parachute into the SPL ahead of the current Scottish Football League members, or ahead of an existing SPL team in a relegation spot. In the event of a club failure the league can and, if necessary, must complete the season with 11 teams only.
Scottish football cannot establish a system whereby an oligopoly can vote on a system which stiffs creditors and prejudices competitors outside of the oligopoly. Football across the world is trying to clean up its reputation, we cannot allow Scotland to become a laughing stock. Let your club know your feelings on how they should vote when the time comes. It’s time for fans of Celtic, Aberdeen, Dundee United, St Mirren, Hibernian, Motherwell, Dunfermline and others to make their voices heard.
Read issue 3 of CQN Magazine free online here or buy a print version at Magcloud.
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Frankie Miller-great to see at No. 1-here is his tribute to the Lisbon Lions!
http://www.youtube.com/watch?v=Ajfe4ODwnpI
Lennondinho18 (@CelticNewsAtTen) says:,
Yes, you would get jailed for that, unless you were in front of an Edinburgh jury.
Árd Macha
NLIACSB-
“I want to be a punk rocker” by Andy Cameron, he must wake up in a cold sweat.
Sheena Easton should be on that list.
Shieldmuir Celt……are you as happy with all this as I think you are…!!?
what about Bert Jansch who sadly passed away recently.
A repeat of a performance from St Lukes in 2003 with Johny Marr and Bernard Butler and Bert was on last night BBC 4 might get repeated or available on iplayer etc
http://www.youtube.com/watch?v=_YxLZ6el-ho&feature=related
http://www.youtube.com/watch?v=psPjagYvwgA&feature=related
This guy qualifies as a Scot, at least in footballing terms, and he’s a Tim.
http://www.youtube.com/watch?v=SLSZXHXFsss&feature=related
Im gonna go with The Frankie Miller Band…
Boy was that fella underated…… Bob Segar of Bob Segar fame quoted Frankie as being the best “white man to sing the blues”
I reckon he was spot on….
And he wore a crackin hat, and anyone that can have an album called MILLER TIME is good in my book.
DrunkinNightsInTheCity CSC
Great drinkin’ and -a dancin’ tune…
http://www.youtube.com/watch?v=_7-PM_4aeE4
The Blarney Pilgrims.
TT
ItaliaBhoy
The wakes do it, if you’re ever in Failte
Italiabhoy
Antinori.
anditsthepoleagain says:
28 October, 2011 at 22:33
Did you catch him last night on the box. I didn’t but I recorded him. Just about to hit the green-for-go button.
Hail hail
Estadio
No 7 Lloyd Cole and the Commotions
No 8 Teenage Fanclub
No 9 Primal Scream
No 10 The Green Brigade
And too many more to mention.
Thanxs.
Hamiltontim,
our people were probably on the same boat.
great part of the world…
Europe is bust…?
I see the Eurozone are hawking their wares in exchange for their debt all the way to China who have enough spare cash in the bank to help them out and some
It’s a tragic irony that communist China will eventually own Greece the founding nation and template for all our Western democracies
When all the dues are paid there won’t be much left we can call our own
This guy would have to be on the list.
http://www.youtube.com/watch?v=QM7LR46zrQU
Frankie Miller singing He will have to go.
Singing the Jim Reeves Classic.
First time I saw Frankie Miller was in a dive of a club in Aberdeen one tuesday night early 70’s, there would have been about 60 people tops in the club, shocking turnout, but he sang better than I have ever heard him sing since.
I think the abundant substances that were available that night helped :>)
Somebody help. looking for a holiday in tenerife in december. All inclusive with 2 kids below 5. never been before. Any info welcomed as i am stumped with what is good and bad
Just had this image in my head from Little Britain, with the laptop loyal being Andy pushing the huns, Lou, around in a wheel chair.
:)))
Rico
Can’t believe no one plugged the Bluebells. Maybe Primal Scream get the nod on the grounds of colours.
Speaking of Colours… Deacon Blue.
Emdy brave enough to admit to Gallagher and Lyle? Maybe it’s an Ayrshire thing…
Glad a few remembered Love & Money, but what about Friends Again? Even better before James joined and mucked it all up.
The Kane Brothers deserve a mention too. Bit like the Record this morning…read Hugh and cry..
But come along chaps, colours or otherwise… Orange Juice!
Italiabhoy
To my shame I’ve never been. I aim to rectify that soon.
67
brilliant news – how’s about Friday night is CQN weightwatchers night
Tiny Tim
i used to go see them in McNees
Saw them do a comeback gig for the sons of donegal dance
Phenomenal
Italiabhoy , You from Greenock?
Árd Macha
so your wife and kids are away and your home alone drinking, with a 5am start in the morning!!!
do you want to text me your exact address, just incase ;-)
UC
Thindimebhoy
That’s fairly profound.
Thindimebhoy says:
28 October, 2011 at 22:39
So what’s new???? :)
Rico
tictalker says:
28 October, 2011 at 22:30
Good song writer.
Unfortunately couldnae carry a tune in a bucket.
The Battered Bunnet says:
28 October, 2011 at 22:17
Some good alternative choices particularly the Associates.BTW not many people Know this but no members of Big Country were born in Scotland!
Another Frankie Miller song tis time a tribute to Jinky
http://www.youtube.com/watch?v=ZVkqQ8BDiWA
Mullet and Co says:
28 October, 2011 at 22:42
Depends what you’re lookin for bud… there’s a wee island of the south tip of Tenerife – La Gomera. About a 45 min ferry from Loc Cristianos port – outstanding. Much quieter than Tenerife, scenery is fantastic, very traditional still. Don’t know whats available in the way of all inclusive, but its a crackin wee island.
off course Mark Freuder Knopfler was born in Glasgow
http://www.youtube.com/watch?v=BX0Bhga_2vs&feature=related
Mullet and co –
had my first vist to Teneriffe this year and stayed all inclusive at The Adeje Grand in Costa Adeje. With 3 kids all 18+ it wasn’t the cheapest but hotel was just about the best I’ve ever stayed in. Drinks deal included a raft of all inclusive cocktails which suited Mrs Baldie down to a tee.
On the earlier vote, can’t believe i forgot totally about Travis. Brilliant first 2 albums then faded like spit in the rain…
Jobo
Go yersel Maggie
The voice of an Angel
Only two Scottish bands I’ve ever been able to listen to regularly and still enjoy are Blue Nile and The Associates.
Rico
Beware of the yellow peril from the east, they will be pig like.
Lennondinio18
Determination .. the nurse told m I was 15 stone, I was truly socked
No weightwatchers, or anything like that
Breakfast…2 apples, a banana and small glass of Pomegranate Juice
Lunch…….bowl of (any) vegetable soup, with a slice of brown seed bread..
Evening meal….. 50% normal size meal…variety, but salmon or mackrel at least 2 nights a week..bowl of mixed fruit…no eating between meals, defo no biscuits cakes…handful of walnuts 2 or 3 times a day..
Saturday or Sunday eat what I like…..
ONE HOUR SWIM EVERY DAY….(underwater..breaststroke… absolutely brilliant, but come up for air….LOL!!!!)……..after a few weeks you will get to LUV the swimming……..
Worked a treat…..lost 2.5 stones in 3 months
Idlewild?