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Rangers Newco cause picked up by media

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By on CQN BLOG & Comments

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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  1. From Garngad to Croy I am Neil Lennon. on

    I remember swaying to this at new year Party’s in the Garngad !

     

     

    Frankie Miller’s ‘ Darlin’

     

     

    There must be a Celtic song in there somewhere !

     

     

    (my feeble attempt)

     

    Gary…… Gary Gary Hooper.

     

    We all think your Super

     

    When you score a goal

     

     

    http://www.youtube.com/watch?v=t2MFutruZ8E

  2. mic1888 on

    Mullet and Co says:

     

    28 October, 2011 at 22:42

     

    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

     

     

    Jardine de Nivaria, Adeje

  5. CultsBhoy hates being 2nd on

    Mwd

     

     

    I might email CFC…

     

     

    ClashcityBhoy

     

     

    Unintended consequences indeed… It has occurred to me we could win a short term victory here and seal our fate longer term….

     

     

    Like you, I also believe that there is no excuse for us not mastering them on the field right now… Except Lawwell.. If I was a conspiracy theorist… But ..I’m not I just put it down to inept leadership.. At a few levels!

  8. The Hooded Tim on

    Tarrant, GyEmerald

     

     

    Acknowledge McGhee’s musical taste. (thumbs up)

     

     

    Creation gave bands like the Scream team, JAMC, Teenage Fanclub, Ride, Adorable, Oasis, Furries etc a platform tae make great music… so kudos!

     

     

    Actually met him years ago, he wis an alright guy fae what ah remember… fir a current bun, that is! ;-)

     

     

    KLF scottish roots down to Bill Drummond, me thinks. Wis Jimmy Cauty no a scouser?

     

     

    21 years later and I still listen tae their Chill Out lp… timeless!

     

     

    THT

     

     

    HH

  11. CultsBhoy hates being 2nd on

    MWD

     

     

    EVERY DAY is a school day as my coach mate always says!

     

     

    I will write to PL but my real effort is going to northern anti OF newspaper sports editors…they are parochial but not wrapped up in general media conspiracy of their central belt peers…

  13. setting free the bears on

    Forgive me I have drink taken BUT….

     

     

     

    I am puzzled by the discourse around the issue of trusting how Celtic would vote on the hun’s survival/demise issue.

     

     

    I have stated before that I am confident that Celtic would not vote to save/help them though they may be powerless to influence how other clubs vote.

     

     

    I am surprised to see so many convinced that PL/DD would vote to save them.

     

     

    I remain convinced they will not do so because:-)

     

     

    a) There is not as much financial advantage in the sponsorship/TV money loss as there is in a guaranteed league win.

     

     

    b) There are very few fans of the bonty bhoy persuasion (just look at MWD’s poll) arguing that we would be cutting off our nose to spite our financial face.

     

     

    but mostly c) Because regular attending Celts have made it clear that we do not want to be associated with any Save Our Rangers moves. Neither DD nor PL are stupid. They will know that they will lose fan support if there is any overt support from Celtic towards the Save rangers movement. If anybody thinks that the “no agenda” fans like thom the thim are bluffing when they say that this is a watershed issue, they will sonn be put right.

     

     

    We are asked to consider whether we could put our Celtic addiction aside because of a poor political move by our Board and I’d have to answer “Yes” to that question. I found it quite easy to put Celtic supporting and regular attendance aside when I had other priorities in my own sport and was raising a young family. I was not a regular attender and financial contributor then, at a time where I had no gripe with the Celtic Board. I may find it difficult to lose my affection for Celtic FC but I know i can easily lose my desire to financially back Celtic FC.

     

     

    Does anyone seriously think there would be any second thoughts about withdrawing support yo Celtic FC if they fail to “represent” our cause in the forthcoming vote?

  14. tarrant on

    GyEmerald, the Creation Story doc, which was very decent, is repeated at 0200 or 0300 this morning. Worth “taping” or whatever it is people do these days. Lots of tunes, by bands I’d forgotten, like Ride.

     

     

    A bit too much Bobby Gillespie for my tastes, but good Scream clips. Would’ve liked more JAMC. Never knew how bitter McGee was about them leaving Creation at the time.

     

     

    And of course, one of Ireland’s finest exports: MBV

     

     

    I only found out recently that Kevin Shield’s brother was in another great band, Rollerskate Skinny. I’m pissed now and high on memory, but isn’t great music utterly uplifting. And Mrs T gets excited by the x-factor.

  18. 'GG on

    Welcome to BQN

     

    Game 7 in the best of 7 World Series. St Louis (Go Cardinals) host Texas Hunmentionables.

     

    Last night’s game 6 was a Duisy.

     

     

    Updates irregularly as texas takes a 1-0 lead in the first.

     

     

    ‘GG

  19. bjmac on

    Just back in from a great night to raise funds Carluke Shamrock – with JoBo’s old choir colleague, Patricia Ferns. I did explain to Tricia that Jobo had made a career for himself as the resident CQN Meteological genius, she said that was good because he couldnae sing (or play with his organ, but it was noisy so unsure what she meant by that;-)

     

     

    Jobo – Patricia and Margaret say a very warm hello, Frank is at home in Donegal.

     

     

    A truly fantastic night, well done to Kevin and the rest of the committee for arranging. Tricia was top form.

     

     

    FAC KILL THE BILL – anyone going, maybe see you there ;-)

     

     

    hh

     

     

    bjmac

  20. tarrant on

    THT

     

     

    yeah Bill Drummond’s Scottish and I think you’re right that Cauty’s Scouse. Drummond managed Echo and the Bunnymen so would make sense that he and Cauty met in Liverpool.

     

     

    Geniuses the pair of them.

     

     

    3AM

  21. setting free the bears on

    Cults Bhoy

     

     

    I have stated before that I am no fan of PL or DD; i merely think they have been subject to ‘scapegoat” type blaming for team and managerial problems.

     

     

    Neither am I a big gambling man but I will bet £100 pounds if you are minded that our board/owner/CEO/ whoever represents our club in the SPL will not vote against the wishes of the Celtic support poll as reflected in MWD’s poll.

     

     

    Are you confident enough in your attributions to DD/PL to back your mouth with that bet?

  24. JimmyQuinnsBits on

    Cuddy McCann was a teenager consigned, as was common, to work down a central scotland pit at the arse half of the 19th century. By any measure, this was industry – and economics – at its most ruthless. Miners were considered little more than mules, to be hired at as low a cost as possible – worker was played against worker to drive the price down.

     

     

    Cuddy was the son of immigrants, people who’d come from a far greater horror than even the pits could throw at them. People who were desparate, and would take any work to keep eviction and starvation at bay for another day.

     

     

    Add this to the mix – these people, from a land a mere fifty or so miles across a slither of ocean, were regarded as aliens; religiously, culturally, and racially.

     

     

    Incomers; different, desperate – ‘taking our jobs’. You can imagine the tension.

     

     

    Cuddy had a wee brother, about 14 as the story is told. On one of the lads shifts, his shift ‘mates’ gave him a beating, lifted him, jammed his hands between the pit roof and a pit ‘tree’ (prop), and left him. By the time the family realised he was missing, and had organised people to go down the pit to look for him, he was dead. Cuddy lost it, hunted out the ringleader and killed him. He fled to god knows where.

     

     

    Cuddy was one of my ancestors, and I often remember my Gran – whenever one of her kids or grandkids got into bother through temper – worrying that this was the “McCann madness” comin out again.

     

     

    Where did the problem lie? With the protagonists? They were merely the result of social and cultural conditioning.

     

     

    The culture; the economic environment which created such desperation, and a political system which allowed, and encouraged, the exploitation of this desperation were the problem. And we think we’ve advanced?

     

     

    See when I here about immigrants ‘takin our jobs’?…

  25. 'GG on

    FREESE yet again.

     

    The home town Bhoy hits a two out two run double to tie the game at 2-2, after Texas score two in the first.

     

    Atmosphere in the stadium is electric.

     

     

    ‘GG

  26. JimmyQuinnsBits on

    here = hear

     

     

    tch tch, Mrs Nash my old English teacher would tumble in her grave… although she would probably put it better. Her use of language was nothin short of delicious…. used to tell us to “slither” to the numpty seat. She could command a class merely by confusing us.

  27. Celtinental on

    I read daily but haven’t posted for a while & don’t do so frequently anyway.

     

    But just want to say that if Celtic actively participate in any kind of collusion to enable the huns survival, then all support (& yes I’m a supporter not a “fan”) from me is over.

     

    Celtic has infused my psyche, my soul, my very existence for most of my almost 55 years.

     

    So it would be with a very heavy heart that my love of the club would be effectively ended.

     

    I’d have to survive on many great memories, recollections of lows from which we picked ourselves up, and of the sweet & heady highs that our once magical club used to provide us with.

     

    Everything in the future would be so irrevocable tainted, & to be honest I’m still not over my disgust & disappointment that we didn’t bury them three (then 2) seasons ago when we could have.

     

    This is not just about football – I abhor the social blight that is Ibrox stadium & its day to day inhabitants & the ugly miasma that emanates forth from there & them, into every corner of Scotland.

     

    I have plenty of hun following (& supporting) mates and acquaintances & I wish them no ill whatsoever.

     

    But the club they follow in the guise of a sporting institution harbours the remaining vestiges of organised apartheid, exclusion, ugly triumphalism, zero conscience, staggering hypocrisy, no scruples about cheating, (when it’s them), fiscal criminality, and all manner of other unsavoury traits which are contrary to ideas of basic human decency.

     

    I wish for nothing less than to to see the club itself finished – the “peepul” will survive and might hopefully become more enlightened in a generation or two.

     

    The late Ian Archer’s words …. “This has to be said about Rangers…as a Scottish Football club they are a permanent embarrassment and an occasional disgrace. This country would be a better place if Rangers did not exist” ….. have always resonated with me but never more so than right now. Especially the second sentence. I agree wholeheartedly with the sentiment.

     

    If Celtic help this obscene and wicked organisation to stumble on and and thus eventually recover (because they will) to become a new manifestation of it’s perennial full-on hardcore hate-squad then Celtic post-2011 will virtually cease to exist in my life or thoughts, except with heart-breaking regret and deep irretrievable disappointment.

  29. 'GG on

    JimmyQuinnsBits says:

     

    29 October, 2011 at 01:40

     

     

    Kafflik school? I remember my primary school teachers with great affection.

     

    They had great aspirations for us all.

     

     

    ‘GG

  30. 'GG on

    Celtinental says:

     

    29 October, 2011 at 01:49

     

     

    You should have been here last night to convert the wavering and the dubious. (Dubious as in what team they support)

     

     

    ‘GG

  31. JimmyQuinnsBits on

    GG,

     

     

    aye… St. Mary’s Bathgate…. gone now… a housing estate, probably just as well

  32. 'GG on

    A one out solo home run gives the Cardinals a 3-2 lead, bottom 3rd.

     

    Three in the bool Cards lead 3-2.

     

     

    ‘GG

  33. Celtinental on

    ‘GG says:

     

    29 October, 2011 at 01:57

     

     

    Haven’t had time to track back & ready many posts GG – it’s 10 a.m. here & I’m in the office; my comments were prompted more by Paul’s article and by a couple of pieces I’d seen on other sites. Mine is not a post-pub rant either, like I said it is morning here & I should be getting on my work but the very idea that “we” might bail those parasites out while they laugh at us is just too galling for words. Let them sink or swim, If they survive, I can (just) accept that – but let them do so by their own honest(sic!) efforts and not by masonic and self serving gerrymandering & their usual cheating at everyone else’s expense.

  34. 'GG on

    JimmyQuinnsBits says:

     

    29 October, 2011 at 01:59

     

     

    I have bad memories of Bathgate. My younger brother was stabbed with a machete in a pub/dance hall down from the cross by some guys from Blackrigg. May have been the Anchor but I can’t remember properly. He ended up in Bangour emergency for a couple of days.

     

     

    ‘GG

  35. Margaret McGill on

    So should we be concerned that the Celtic board would participate, encourage and vote for a Phoenix Rangers after 130 years of unsurpassed bigotry in this country?

  36. 'GG on

    Celtinental says:

     

    29 October, 2011 at 02:06

     

    Agreed, and I think the vast majority agree also.

     

    It’s the ones of little faith and the agents provocateurs, the usual suspects, on the site who want us to support their reinstatement.

     

     

    ‘GG

  37. 'GG on

    Margaret McGill says:

     

    29 October, 2011 at 02:20

     

     

    I don’t think so, and I have put the pitch and feathers away.

     

    But they can be retrieved very quickly.

     

     

    ‘GG

  38. JimmyQuinnsBits on

    GG

     

     

    I’ve some good and some bad memories…

     

     

    When I was a pup the anchor was a bikers pub I think? Was an easy place for drinkin under age – if its the same place I’m thinkin of.

  40. 'GG on

    Cardinals have men on 2nd and 3rd with 2 out.

     

    Texas get out the jam as batter pops up to 2nd base.

     

     

    Cardinals lead 3-2 after 4.

     

     

    ‘GG

  41. Margaret McGill on

    ‘GG says:

     

    29 October, 2011 at 02:19

     

     

    Yeah St. Mary’s and The Lindsay…good riddance!

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