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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“james f” the final judgement was this morning at a meeting between gov.ministers and the s.p.l.chief ex.”moonbeems” ,looks like your info is the same as mine.hope not the same source.”exiled tim “,get the bottle opened.
To those Celtic fans suggesting we’ll be relegated to a 1 horse race. Not true. We’ll be forced to downgrade to a level where it may well be a multi-horse race again. Good. I like competitive games. Bring it on.
typical respone to anyone who speaks with a level head on here….”call him a hun”?.
lazydynamite says:
28 October, 2011 at 16:12
im pretty sad to read alot of this stuff on here today.
get real.
we play in a 2 horse race and some of you seriously want in dissolved into a 1 horse race.
much though i have healthy angst against our great rivals i would not want them out existance.
i would like them to be punished [i.e stripping of previous league titles] but i dont even want the 10 pt deduction .
we are losing the league to a piss poor rangers team and we need to close the gap and win the title without any points deduction help.
to vote rangers out of scotlands top flight would be cutting off the toes to spite the feet.
scottish football needs THEM and US.
we need to concentrate on our own problems instead of a totall obsession with theirs.
———————————————————–
absoloute nonsense. are we hurting ?
James Forrest
I am not a coward.
My true friends who know me,can vouch for that.
Your opinion matters not a jot to me.
Your Scargill rousing ,will have the same effect as Scargill had himself on saving Scottish mining.
I will be at Celtic Park tomorrow as usual, supporting the team.
TT
FAVOURITE UNCLE:
Well if the end result is Rangers being hit with a minor points deduction someone better explain to me why I am paying tax.
I’ll change my name every six months and announce it as a pre-pack otherwise.
So farewell then, Mighty Glasgow Rangers….
Hey, what d’ya know, it is possible to laugh like crazy, jump up and down, have your hands in the air, and drink champagne simultaneously .
Hell, if I’m jumping the gun it still feels good.
pigalle MultitaskingToTheMaxCSC
twas ever thus
and thusly shall it be
we’ve all got a lot of growing up to do in regards to them
but I have one idea
there will be a brand new derby (we’ll be there and they’ll be there – the businessmen will see to that) and on that day our supporters should hold up a massive tivo
2011
0
next to
1888
42
and thusly shall it be…
as Judge Holden would have it – Whatever exists, he said. Whatever in creation exists without my knowledge exists without my consent
so they can have consent, but I don’t think they can have both consent and any deference to a dead club.
YEAR ZERO…
U
lazydynamite says:
28 October, 2011 at 16:18
typical respone to anyone who speaks with a level head on here….”call him a hun”?.
I would have thought the correct response would have been to call him “unique”
No one likes us, we don’t care
Yip lets hope its true
Checking my nags a minute ago and caught a sight of this.
3:10 | 1 Classical Mist (R Johnson, 16-1 ); 7 Goat Castle (S Twiston-Davies, 9-2 fav); 3 Custodian (S W Flanagan, 14-1 ); 15 ran. 14 Drumlang (D Crosse, 11-2 2nd-fav);
Goat Castle? Great name for Ibrox.
LB
@Pmacgiollabhain
Phil MacGiollaBhain To various. This legal source is a RFC man and very friendly with the ancien regime. He’s well connected and has been spot on time and again
Phil Tweeting
Phil MacGiollaBhain
To various. This legal source is a RFC man and very friendly with the ancien regime. He’s well connected and has been spot on time and again
jmccormack
I don’t need a pair.
I already have one well functioning brain.
TT
johan
I meant closes, still in the real world mi amigo, I think :>)))))))
FUncle
It’s for us winning the league or them into admin/insolvent, which ever come first,I will wait for confirmation
TinyTim:
I don’t care what your “real friends” have to say.
Someone who throws up his hands and says “What’s the point in fighting?” when the first blow has not been struck, accepts defeat as an inevitability and hasn’t got the guts to ante up is a coward.
So, take your seat tomorrow and pretend you’re something you’re not. And I don’t mean a Celtic fan. I mean someone with the courage of their convictions. If something is as blatantly wrong as this is you FIGHT.
Where is your bottle?
@Pmacgiollabhain
Phil MacGiollaBhain To various: Legal source was not a happy man today. He is a staunch RFC man. Moreover he is in a position to know what is going on.
A wee quote from his favourite author for ole TinyTim -‘Electric communication will never be a substitute for the face of someone who with their soul encourages another person to be brave and true.’
“jame f”.spot on as always.you and “kojo”are my favs. on site.how can the 2 of you have such diff opinions on this.ps i’m with you.i like both o’ yees a loater and mairer n’mairer tae.
TinyTim says:
28 October, 2011 at 16:22
jmccormack
I don’t need a pair.
I already have one well functioning brain.
TT
That will be the one that cannot spell then ?
Phil must be on the Trill today with all these tweets.
What Larks – more tweets than twitter.
Britain’s first £1 million footballer had an awful haircut, and was called Trevor.
lazydynamite says:
28 October, 2011 at 16:12
Does Scottish football really need “them” and “us”? It’s not been working for the past wee while, has it? We’ve been going backwards, and fast. Not just us, but other teams as well. The league is dying. The league is dying because one team is strangling it (at least one, Hearts could well be proven to be doing similar things).
I’m not suggesting that this will be a magical cure and everything will right itself, but what I am saying is let’s have an honest competition. It’s not hard. It should be the bedrock of the league for goodness sake! Scottish football is about to face a hard decision. Does it let cheats prosper, and face no consequences to their actions, or does it stand up for itself and try and improve what it has?
Dontbrattbakkinanger says:
28 October, 2011 at 16:23
I like that quote , who`s the source?
The Good wull Prevail.@ 16.12
Whit ye hiv writ is true.
Nae disputing that.
Howevahhhhhhh…
We are Talkin aboot Scotland,here..and the Establishment Here.. and
because the Catholic vote is so Infinitetismal..
The Catholics . see. the CelticFc.. wull always get the Hairy end of the Shaft.
in Fitba’ Maitters.
That is how it jist Is.
When the Catholics either Increase Greatly in Numbers or.. Find a Powerful Ally.. who wull support their Cause for Justice, there in Scotland..
Like
Tiny Has Said..
Things, wull always go in Favor of the G.A. as they are the Establishment Fitba’ Team.
It always comes doon tae Voting Power.
And.
Like Ah said.
The Catholics, in Scotland, dinna hiv enuff Voting Artillary, nor dae they hiv a Strong Ally,who wull support them in their political Struggle.
Kojo
IMO ragers will get what ragers want because they are ragers ,where they even once asked to come up with the HMRC money by anyone at anytime ,NO ,why not?.
The LL could not wait to tell everyone that Minty had sold ragers to a big BILLIONAIRE RAGERS FAN.
Why not ask him if he intended to come to an agreement with HMRC ?It was a plan hatched a long time ago and make no mistake the football side of the plan will have been checked out also (see MWD post).
When the new tax avoiding ragers team take to the field in the SPL that will be the last Scottish football game I will pay to see . When the rest of the club boards the SPL and SFA allow one team to cheat to gain an advantage over all others then let them be under no illusion they deserve the whole stinking lot to collapse around their heads .
I would expect my club to resign from the SPL with immediate effect and actively be looking (right now)for a league that will take us ,starting at the bottom .We will lose most if not all of our present players and will probably have to field our young bhoys but that will be ok with me .
I do not support players at CELTIC FOOTBALL CLUB ,I support CELTIC FOOTBALL CLUB and I will support CELTIC FOOTBALL CLUB whatever HONEST league they play in .I agree that our support should let all other clubs know in no uncertain terms that a boycott could be a real possibility but that decision will be left for the individual celtic fan to decide .
I have believed that Scottish football has a bias against my club but if they allow ragers to get away with this scot free then that is it for me
hail hail
DBBIA
“This is reminiscent of the ‘G.O.D.’ thinking that seems to have been conveniently airbrushed out of history.”
Au contraire – I would suggest that we are currently slap bang in the middle of a G.O.D, except it ain’t us who’s doin’ the dominantin’.
JF – I am an admirer of your writing and would mostly agree with what you have to say.
However, if we are club open to all then that also means those who do not have the will or capacity to take the fight to the enemy as keenly as yourself. We are all different my friend.
I think the “coward” remark is uncalled for.
(by the way I am with you for the fight !!)
BSR -no chance of him being seduced by the dark side then.
lazydynamite says:
28 October, 2011 at 16:18
typical respone to anyone who speaks with a level head on here….”call him a hun”?.
Level head? Go away and read your post again. I know not one Celtic fan out of the thousands I’ve met (or the thousands I haven’t) that would refer to the huns as “our Great Rivals” while trying to make a serious point.
That is why I think you’re a hun, nothing rally to do with the point you were making, albeit I disagree with that as well.
hh
bjmac
In response to lazydynamite, I personally would lke to see them get hammered, and if that means them getting kicked out, I for one would welcome it. Its just not that I dont like them, I despise them and everything their club and their followers stand for. I can hear you say its the demise of scottish football, ask the other 10 clubs left,. if celtic and the huns went to England, would they like it, maybe not at first financially, but I am sure they would get used to it. It would rid us of the scum who ring out their bile at ibrox and beyond, or maybe they would jump on the bandwagon and bring their bile to Tynecastle, but I for one, would like to find out what it would bring for the game in Scotland. Interesting times ahead. Forza celtic and no one else. Hail Hail.
garyfroud Gary Froud
@ @Pmacgiollabhain what’s going on? Its not the tax case today though? Other goings on?
3 minutes ago in reply to ↑
@Pmacgiollabhain
Phil MacGiollaBhain @garyfroud Basic cash flow.
DBBIA
Always keep one handy
without glasgow rangers in some form or another will ‘celtic park’ ever be full again?
without another big club gathering uefa co-eff ,will a scottish team ever play in the champions league again?
without our 4 old firm games will any television company want to broadcast SPL ever again?
sometimes in life despite what your instinct might tell you .YOU MUST BE CAREFULL FOR WHAT YOU WISH FOR!
p.s
and im not a ‘hun’.
my favourite player growing up was paul mcstay.the last time i cried was the day ‘tommy burns’ died.
just dont call me a ‘hun’ please.
i hate rangers in a purely sporting context only.i would feel sorry for the decent rangers fans out there if their club was to dissapear.
It will be fun telling huns we don’t recognise their history anymore.
Beware FF have linked some posts from here and they are being roundly mocked.
Expect some hunterlopers
jmcormick -it’s ole clever clogs Chas.Dickens.