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You are at:»»Rangers relax BBC ban when cash is at stake

Rangers relax BBC ban when cash is at stake

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By on CQN BLOG & Comments

Rangers today relaxed their ban on the BBC, issued after a documentary with contributions from two former Rangers directors was screened last month.  The BBC booked a paying gig at Ibrox for this afternoon’s game against Dundee United, if Rangers stuck to their principles they would have missed a media payment from the SPL.

Tune in to BBC Scotland this afternoon and listen to the sound of licence payers’ money strut its stuff from Ibrox.

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  1. topkat on

    Referee sends off rangers player gregg wylde at poundland to today………seems a long time since one of their player has been red carded……….ibrox of all places….guess the refs know its now all over,,,,,,,any cheating now is pointless…..ref probably thinking i will still be able to carry on my unblemished career…..

  4. celtic40me on

    Third choice keeper at Newcastle not looking quite so bad. Tim krull must be the best keeper in the epl this season

  8. 67Heaven ... I am Neil Lennon..!! Tick Tock !! on

    Margaret McGill……LOL…!!!

     

     

    Fholks…in case you haven’t read (rangers tax case…2/11/11)

     

     

    The revelation that Craig Whyte’s Rangers is selling off more of the family silver to stay in business just a while longer answers a few questions about this puzzling situation. It is now abundantly clear that Whyte’s tardiness in paying creditors is more than just a bad habit. It is also clear that there are no vast pools of wealth on which Whyte can draw to keep Rangers on life support.

     

    For those of us who have indulged in reading entrails to try to understand Whyte’s actions, it is becoming ever more clear that there is no plan. Any semblance of a grand design evaporated into the Scandanavian air on 3 August when Rangers failed to qualify for the group stages of the Champions’ League. Even the booby-prize of Europa League qualification would not have come close to filling the chasm in Rangers finances that opened that night.

     

    With records released on the Companies House website confirming that Rangers have given a fixed charge security over their assets to an English finance company called Close Brothers, it is clear that Whyte is selling the family silver in return for delaying insolvency. The news that Rangers came within a few hours of having a winding up petition approved against them yesterday is quite remarkable. That Whyte has had to resort to the desperate end of the corporate finance spectrum shows how close to the edge things have become.

     

    We do not know how much has been borrowed. Therefore, we do not know if this was just a small amount of funding that keeps the wolf from the door for a few weeks or whether he has established the line of funding that will see Rangers through to the opening of the transfer window in December. If Whyte’s negotiation tactics have improved since the summer, he might not over-price his sellable players again. He might even attract an actual offer for Jelavic this time. To ignore the transfer window and fund Rangers through to the First Tier Tribunal (Tax) returns its findings (possibly as late as March 2012), Whyte would need to have borrowed about £15m. Only at this time could Whyte legitimately claim that insolvency was caused by the legacy tax issues rather than his inability to run Rangers.

     

    Borrowing against Rangers’ assets now not only reduces Whyte’s prospects of making a profit on Rangers (as faint as they were), but this greatly complicates any insolvency filing. The odds of a Rangers liquidation and a disorderly meltdown in insolvency have now risen from the fanciful hopes of dreaming Celtic supporters to something that needs to be given serious consideration.

     

    Whyte seems to be either holding out hope of Rangers getting an against-the-odds result in its dispute with HMRC or is trapped in the ‘bargaining’ phase of grief: trading all he has for more time. Until now, Whyte-watchers had to consider the possibility that the Motherwell-born-billionaire had a plan that would outfox everyone. It looks increasingly clear that he has just been making it up as he is going along since the Malmo game.

     

     

    TICK TOCK……!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

  13. Stringer Bell on

    Goodnight and god bless from then peoples republic.

     

     

    Airdrie horsed this afternoon, Ricky Burns wins the night.

     

     

    Celts win for tomorrow.

     

     

     

    The tide is turning.

  15. Panda Hands on

    cabbageandbacon says:

     

     

    5 November, 2011 at 23:22

     

     

    thats roughly where I was standing! I was the rather handsome chap with a 5yr old you probably noticed me from my sheer handsomeness!! :-)

     

     

    I thought the shot was too high and wide myself but when the net bulged I let my normal reserved handsome self turn in to a mental handsome lunatic!

     

     

    bitdrunkandthinkinghighlyofmyselfcsc

  16. Steviebhoy66 on

    Posted earlier in the day, wonder if anyone has a link to the Anti-Bogotry bill hearings…. when it was stated that the reason the bill is being introduced is to even up the arrests, as the present law , most arrests are on the huns…..

     

    Hail Hail

  19. Árd Macha on

    For all the free entries for soldiers etc. they probably make money on revenue associated with the match day.

     

     

    Unless that is, they don’t actually own any of the catering etc.

     

     

    Oiche mhaith.

     

     

    Árd Macha

  20. Panda Hands on

    cabbageandbacon

     

     

    was a bit disappointed that the Geordie McMullan song didnt get an airing today:

     

     

    Geordie McMullan I’d let you s**g my wife ……. I want ginger kids too!!

     

     

    That cracks me up big time

  21. Margaret McGill on

    philvisreturns says:

     

    5 November, 2011 at 23:48

     

     

    You’ve got to stop listening to the Osmonds. Before you know it you’ll be on TV advertizing diet pills for big fat baldy tories

  22. ElDiegoBhoy on

    celtic40ME

     

     

    Don’t understand your point regards the Newcastle goalies mate.

     

     

    Watched today’s Newcastle game v Everton and thought it was atrocious. Moyes needs to get out of there while he’s still well regarded in the game.

     

     

    Also watched the QPR v Man City. Well I was working so had no excuse for not watching:o) Thought QPR gave a great account of themselves and were unlucky not to take a point.

  23. Panda Hands on

    cabbageandbacon

     

     

    Do you think the Green Brigade should adopt the song for Neil Lennon?!

     

     

    That would be a MASSIVE hit at Celtic Park, no?

  24. Margaret McGill on

    EBM-ElectroBhoy2500 – We are all Neil Lennon! Glasgow Rangers is the sporting icon for loyalist bigots. says:

     

     

    Thanks! I luv lush!

  29. Neil Lennon Is A Celtic Soul Brother on

    Good night all-some awesome tunes tonight(and one or two aweful ones !)

  32. Panda Hands on

    Folks, for you that havent a clue what me and cabbageandbacon are talking about:

     

     

    Cliftonville fans sing a song to Geordie McMullan (who looks very similar to Lenny) to the tune of that song:

     

     

    I LOVE YOU BABY BUT THEN ITS QUITE ALRIGHT … I LOVE YOU BABY etc

     

     

    Geordie McMullan we think that you’re alright

     

    Geordie McMullan, I’d let you s**g my wife

     

    Geordie McMullan, I want ginger kids too!1

     

     

    sub Geordie’s name for Neil Lennon and I think the Green Brigade would love it!!

     

     

    Yes I know that kids go to CP but it would be a FUN song in support of OUR manager

  34. "we are all Neil Lennon and love the Celtic, "mouldy67" on

    For those that don’t know

     

     

    The stock of chillies is valued more than that of our city rivals at pound land,

     

     

    Just thought I would mention that

     

     

     

    Lol

  38. Panda Hands on

    Ceaser67 says:

     

     

    6 November, 2011 at 00:03

     

     

    was typing that before I saw yer request.

     

     

    Sing it to yerself, it’ll make ya smile and god knows mate ya need a smile tonite.

     

     

    We’ve just buryed two fecking legends within the West Belfast Celtic family within the last 2 months, one being my uncle so I know that the feeling right now is of anger and sadness but please remember that we as a Celtic family are thinking and praying for them.

     

     

    Hail Hail brother

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