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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http://www.mondaq.com/article.asp?articleid=118938
TBB
Any display issues with the HTC is due to a lack of memory brought about by either using too many applications simultaneously I.e bad house keeping or installing bug ridden applications. I have never had that problem.
HH
Three points today is, as is every game now, a must. We know we have enough to blow Hibs away – if we see second half Celtic rather than first half Celtic. A few goals would be good – but I’m not betting on a clean sheet
BT
Is it wan a those wee sky blue 3 wheelers V drives.
MWD
Happy birthday Starry and bhoydaveinjapan
HH
Thanks for the birthday wishes lads.
Starry (can I get so familiar?)
I’m up in Hokkaido @ the moment – Kitami. Beautiful up here.
Spent time around the place.
Ichikawa – that’s in Chiba right?
You spent any time in Japan?
tbdJ
WTF does “HAPPY RETURNS” actually mean?
MWD
JHILDAY
I just nipped oot fer some rolls fer the brekkie-keep ma Maw sweet.
Still blinkin’ dark in Kilwinning!
How are those solar panels coming along……
Looking forward to closing the gap by three points today. We need to carry on from the second half of the last game. As for them: imagine you were to get a long term injury when the club ceases to exist. That’s all I’m saying.
Hail hail
thebhoydaveJAPAN says:
29 October, 2011 at 09:04
Not yet we had to cancel last year because of the earthquake and stuff, looking forward to it tho’
Mrs Starry is planning to bring baby to Granny in January, if I sell something before then I will come over too!!
Starry..
Hoopyathome
We’ve heading back to the UK for 3 weeks over Xmas/New Year.
I’m hoping to get to the Ayr Huns game Xmas eve & the govan huns on the 28th if they’re still breathing.
A London visit / stop over is on the cards.
I’d love to pop in & see the old team. Will keep you posted on that.
I loved that bike!
Many a Sat/Sun/Wed I’d be seen swervin through the Kilburn High Road traffic mingin giving it “AND…THEY…. GAVE US JAMES MCGRORY….”
No-one seemed to mind.
Great days.
Give all the boys n lassies a free drink token from me ;o)
Hail Hail
tbdJ
http://tj.nitin.dev.lnukapps.co.uk/tj/articles/reviewing-aberdeen-asset-management-v-hmrc-0
Ki needs a rest today and hopefully Mulgrew is back
Forster
Matthews Rogne Mulgrew(c) M.Wilson
Forrest Kayal Wanyama Ledley
Hooper Stokes
Subs. Zaluska Majstorovic El Kaddouri Ki Samaras McCourt George
Starry,
Yeah mate that was some shake.
You should give yourself an amazing experience – visit Japan.
MWD
I always assumed “Many Happy Returns” meant – I hope you have many more birthdays in the future.
Feels about right.
tbdJ
Off to the match today,my Dad and I,first since we gubbed Hearts 4-0 in February.
Section 111,so THE GREEN BRIGADE had better be in good voice,because mine is,erm,not very good!
A win today is all that matters,and I shouldn’t be saying stuff like that-I like to see us winning with style,the CELTIC way,like we all do but heyho.
Three points. Work from there.
Will also hopefully be in a large crowd at noon,around George Square.
Today we will be talking about
‘RANGERS’
truth4767 says:
29 October, 2011 at 09:20
Today we will be talking about
‘RANGERS’
==============
Today, you will be on a Celtic blog
What, the demise of ?
There is no old firm
I laughed very loudly at the radio Clyde announced statement especially the word “today”……too late to announce it to whichever exchange?
How would they have complted their fixture tofay? Driive up in their own cars?
In my view I would not allow them straight back into the league at any level!!!! They would need to compete against other teams in an application process which season ticket holders registered to all the teams in the league vote on as well….
Make up the lost gates by having a SPL tournament with share of proceeds going to a charity/sports development cause.
Looking foward to the game today however don’t know if I will get there soon enough to support the Kill the Bill Act..good luck and sincere thanks all who do.
Finally unflinching support to our team today….including Sammi:)
Hail Hail
thebhoydaveJAPAN says:
29 October, 2011 at 09:19
Yeah that’s the plan to put Baby Starry in kindergarten there and work for a couple of years, looking forward to get about with my camera there must be some great shots to be had.
What you doing over there??
SP
starry plough & bhoydaveinJapan:
Happy Birthday to you both…
BT & MWD:
Is the three-wheeler still on the roof of the electric bar…:)
Right off to Mas…
Keep the Faith!
Hail Hail!
Is Charlie Mulgrew fit for today’s game?
Thanx for all the birthday wishes Bhoys.
CQN, a second family!!
C’mon you Bhoys in Green…
Morning all from a dire dreich wet and windy North Ayrshire. Brighten my day: tell me they are going, going gone….
Ok, have to put this up as, no matter how unlikely, one of these days…
Zaluska, Matthews, Rogne, Mulgrew, Ledley, Kayal, Wanyama, Ki, Stokes, Hooper, Samaras.
Rest Ki? You are joking? He’s played more than anyone else, and yet only 3 players have a better goals/assist ratio than his.
And Forrest isn’t one of them.
Kayal33 says:
29 October, 2011 at 09:18
Thats one way of putting it pal – the other is ‘needs dropped’ !
Gordon_J
Yes Charlie + Sammi are both in the squad. Commons + Loovens will be fit for Motherwell away next Sunday
Morning,
If the Gers do reform and take the place of er, the old Gers then Scottish football is finished. If Celtic don’t move heaven and earth to fight against such a senario then Celtic Football Club are finished too!!!
Ten Men Won The League,
Thanks. Charlie back intot he defence then and Sami on the bench
thebhoydaveJAPAN
Club has been struggling. We’re down to about a diehard dozen, with occasional stragglers and a full pub for huns games! Changed days since the times we could fill both bars on Champions league nights. Bhoys sat on the stairs watching the downstairs telly when we beat the Russians on pens. Two big Jamaican guys standing open mouthed at the mayhem that ensued at the final whistle. Bet they haven’t forgotten it either! Great nights. When you are in town, my phone number and email address haven’t changed, so lets try for a meet up. Haven’t seen your partner from the directors box this season, seems to be watching the games elsewhere. He might come out to play if he knows you’re in town. Keep in touch. Hail Hail, pal.
Ten Men Won The League says:
29 October, 2011 at 08:56
We had Jabba Traynor cowardly ducking out of your call last Saturday, surely his reputation has to be finally trashed now?
Shug Keevins with his succulent Lamb piece
It does appear that the PR companies Whyte hired are in full Swing now ready for the big event
The BBC know Whyte will not pursue legally, it was rhetoric for the gullible, No Surrender for the sick of mind
Its how the Government, Police, SFA, SPL and most importantly to us the Celtic board deal with what ever outcome of the Rankers financial crisis, far to many of the main players will be doing deals in secret including our board, will Celtic PLC make known a public position on the Rankers big event?
Will be at George square today, it is bad legislation, begat by ridiculous levels of whataboutery by the LL and pushed hard by suspicious police motives.
Hoping for a comfortable win for Celtic today against poor opposition, can we get a clean sheet today and a win?
I keep asking ! If like an athlete using performance enhancing drugs to win titles will (if they fail to pay all due tax) all titles and trophies won through financial doping be null and void ?
Cheats !!!!!
A rare post as I noticed ole DBBIA asking after me the other day.
One of the problems with the team shape this season has been trying to accomodate Ki at all costs to the midifeld unit. I am a fan of Ki but I think today is the day to challenge him. Our team should always start from a midfield axis of Kayal and Ledley, if we decide we need Wanyama to hold then it should be behind they two. Hibs have declared the intention to park the bus today and hit on the counter so I think it’s a day for countering that with a bold selection:
Forster
Wilson
Mulgrew
Rogne
Matthews
Forrest
Kayal
Ledley
MCCOURT
Hooper
Stokes
BOBBY MURDOCH’S CURLED-UP WINKLEPICKERS says:
29 October, 2011 at 09:06
JHILDAY
I just nipped oot fer some rolls fer the brekkie-keep ma Maw sweet.
Still blinkin’ dark in Kilwinning!
How are those solar panels coming along……
share…………………………………………
Grim here too, although the greenhouse was tolerable thanks to a big thermal mug of coffee and my recent E-Bay purchase of a, “Retro 70s sheepskin jacket”.
Not a garment to be worn on the street, but warm as all get out.
The solar panels are great, though I’ve yet to receive my first payment from N-Power. Apparently it can take six weeks or so for these to kick in. The number of K-Watts has been dropping as the nights draw in and I expect very little today.
May you and your mum enjoy the rolls!
Quiet night last night, but here’s the outstanding post of the night and more. This poster could have been reading my mind, so utterly do I agree with every word, sentiment, intention and emotion.
===================================================
Celtinental says:
29 October, 2011 at 01:49
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.
======================================================
Off for a wee swim, and then on to the game……..Mon the Hoops….!!!!!
truth4767 says:
29 October, 2011 at 09:20
Today we will be talking about
‘RANGERS’
Please let us talk about them Truth, please!
There is not much time left. Soon they will be Dead and a distance bad memory!
Please let us talk about them.
up_over_goal says:
29 October, 2011 at 09:32
Rest Ki? You are joking? He’s played more than anyone else, and yet only 3 players have a better goals/assist ratio than his.
His work-rate needs to improve
KI is a defensive liability in regards to back tracking of his opposite midfield opponent
Weak tackler
Has spells in games where he is anonymous
Wanyama, Kayal, Ledley, Forrest and McCourt all before Ki today
up_over_goal says:
29 October, 2011 at 09:32
so you’d drop the guy who turned the game on wednesday with 2 goals for a non-scoring ‘striker’? bizarre