It wasn’t supposed to be this way. Craig Whyte would not have expected Champions League football when he worked on the deal to buy Rangers last spring, but, by his own admission, income from the Europa League group stage was in the budget.
Winning the league came as a surprise late in the process and may have fuelled some summer transfer bids but income was about to fall well below expectations. Ally McCoist won only one game in four cup competitions, against Arbroath, season ticket sales didn’t bounce and with no serious income streams open, Rangers were set for a seriously low income season.
In addition, the injury to Steven Naismith robbed Rangers of what I understand would have been a £5m sale in January.
People have tried to assert that Whyte’s plan for Rangers was to liquidate the company all along, this is clearly not the case. Rangers were moribund while the First Tier Tribunal (FTT) was yet to report but Whyte planned to run the company, without reverting to administration until and perhaps beyond then.
As well as having to deal with the income shocks resulting from multiple on-field failures, Rangers were hit with an expenditure shock. The FTT was delayed from November to January. If it had proceeded as planned in November it would have reported in January. The delay was crucial, Rangers were going to spend a lot more money before the verdict was announced.
If the verdict arrived as expected in January, and Rangers won, it was game on. They would have been in a position to borrow like any other club and could have raised fresh share capital. There would have been no administration. This was the preferred outcome, Whyte would have emerged with his reputation intact and with a valuable football franchise for the outlay of exactly £1.
If they lost, Whyte could have presented a fait-accompli to the world.
He could have explained to the Rangers support that the total tax liability was “likely to be around £75m” and that there was no point putting fresh investment into a black hole, which was inevitably going to lead to liquidation – all for misdemeanours that occurred before his time. The support would have been distressed at the death of their history, but, crucially, they would not have blamed Whyte, whose reputation would still be intact.
He would immediately have applied for the 10 day grace period to consider appointing an administrator and used that time to tell the SPL and SFA that he could re-emerge with Newco FC within days and allow the league programme to complete as normal. He had security over the stadium, would be in a position to re-employ the players and would be able to honour financial commitments to other clubs, while securing the television and sponsorship contracts.
Public sympathy would have been behind him, Sir David Murray would have carried the blame (perhaps correctly) and I believe only Celtic would have voted against him. Newco would have been back in the SPL and, if the Daily Record’s reporting of Whyte’s thoughts on penalties are anything to go by, he expected to be docked a comfortable 25 points.
HMRC forcing Rangers into administration this month created enormous problems. Administrators Duff and Phelps are now in control and opened the club’s finances up to scrutiny.
As soon as it became evident that he securitised season ticket money from future years, three days after buying the club, placing the money into his own bank account, not that of the football club, Craig Whyte’s methods were subject to derision and outright disgust from many angles, most importantly from the Rangers support.
As things stand, Whyte cannot slip away. He has to stand with Ticketus, who will hold a security on Ibrox through one of Whyte’s companies, and he stands to gain an enormous amount of money for a year’s hard work. Ticketus are also in for the long haul, they have coughed up over £20m and will need a sizeable commercial return.
Many observers have noted that this has not progressed as a normal administration. It’s not a normal administration. The secured creditors (Craig Whyte and Ticketus) need to sell a lot of tickets beyond administration, either as Rangers, if they are successful in the FTT, or as Newco, if they lose the FTT. Selling a lot of tickets is a really tough challenge right now and will be made considerably more difficult if there are swingeing cuts made to the club staff and infrastructure now. Their interests are considerably best served by keeping Rangers as buoyant as possible.
Even if they manage to feed enough cash to the administrators to keep Rangers playing football until the verdict is delivered, the opportunity to present the league with a fait-accompli has gone. Everyone expects Rangers to fold and will have been busy working on a contingency plan.
Any goodwill that Whyte hoped to harvest has also gone, he is seen as a pariah, without friends within the game, in the political world, the media or the Rangers support. When he looks to build a consensus, there will be no advocates for his position. Quite the opposite, people want rid of him.
The on-going police enquiry and his interesting relationships with the Insolvency Service and HMRC will only cloud matters further. For all the bluster on these subjects, no one has been able to explain to me any illegal activities, in fact, most of the illegal activity he has been accused of are either perfectly legal or simply did not take place as described, but there is enough potential in this mix for many years of civil legal challenge, if not more serious issues.
Whyte and Ticketus now have decisions to make on how much extra skin to invest. Ticketus are in the game for a lot of money already and will be keen to protect their cash. It remains to be seen how much cash Whyte has in the client account at Collyer Bristow, but it’s clear that between them, Ticketus and Whyte were prepared to guarantee the administrators full wages and costs for the club for February.
The fact that the tap has been turned on 100% for the last two weeks suggests they have enough cash to run at a lower percentage for a while yet. Duff and Phelps will know how much money is available and will have an expected date for the verdict. It would be enormously bad judgement if they exhausted cash reserves before the verdict arrived.
As long as Ticketus investors hold their nerve, and the police don’t spike the process, Rangers will survive until the verdict. If they lose the verdict, and all expectations are that they will, what are we looking at?
As I said above, Whyte’s chance of presenting a fait-accompli has gone. He would need to go for a prepack liquidation but there are likely to be legal challenges to him making off with the assets of Rangers. At best, this would delay him for anything between weeks and years. Any police involvement would make matters even more difficult. If a negative verdict is delivered anytime soon, Rangers will cease.
Even if this happens, Whyte will still owe Ticketus a lot of money and will try to phoenix as a Newco. He will have the stadium and will be in pole position to apply for membership to the SPL or Scottish Football League.
A route back into the SPL in these circumstances would be difficult to achieve. The SPL board have the authority to accept a club into the league but I hear it is likely that, due to the importance of the matter, they would refer the decision to a vote of the entire league. Back in October I thought the fait-accompli was certain to be voted into the SPL, now I can’t see a Newco being voted in.
You would expect an application into the Scottish Football League to be accepted but there may be a rival bid. The ‘Blue Knights’ bid would not include Ibrox but have a number of options. They could ask to rent Hampden or Firhill, or could adopt a struggling lower league club, like Clyde. These notions are likely to be progressed but establishing a new club, without players or a stadium, would be an enormous challenge.
All of this would play out against a great deal of uncertainty. Whyte’s ability to sell tickets to Rangers fans must be in doubt. If a rival club wanted back into Ibrox in the future they would need to give the ultimate floating charge holder – Ticketus – the same kind of return Whyte has committed to. There is also the possibility of a lot more to come out about the old regime at Rangers, some of whom are behind the Blue Knights bid.
Even if someone gets a phoenix off the ground at Ibrox, keeping it alive will be difficult. The cost of running football games there every second week is considerable. Doing so, while repaying Ticketus, and competing against lower league (or SPL) opposition, will cut any football budget to levels not known in 30 years.
For now, everyone connected with Rangers needs to make confident noises but even if they die, their ghost is already in enormous peril.
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jhilday
Morning my friend.
I would play for them for nothing, actually, I would pay them to let me play for them, and that ain’t no lie. Been a dream of mine since I was a kid. Nothing would please me more than to be their keeper in the match V Celtic at ayebroke later in the month:-))
Now then Bhoys, is this the day Mr Ogilvie,I churn with anger that he has the same surname our great Jesuit, breaks his cover and actually comes clean?
Or will he adopt the party line and say nowt……………I will give George Galloway
a call tonight and debate with the maestro.
Morning all,
Just read about the shocking treatment handed out by Strathclyde police to those trying to sell the new fanzine The Thunder before recent matches. Arrests and the confiscation of magazines with not one piece of legislation to back their action up. Welcome to Scotland under the SNP, hope all who voted for them are enjoying it…
HH
Jackie Mac
There were a right good few Rangers sounding men, women & children as well as Celtic and Irish sounding men, women and children who donated 1690 from my phone. I was amazed at the response of Billy and Wilma-John public.
MWD
…. I can see the match report now;
“Celtic took the lead in the 8th second when Rangers’ keeper twisty seemed caught in two minds as whether to come and punch clear or continue to watch the 3.00pm from Kempton on his i phone………
The story published in the Daily Mail, while only confirming what many suspected, will be the biggest thing to happen in Scottish Football history. Hugh Adam pops up to shake the pillars of the establishment, and this time it may be enough to trigger a chain reaction.
Quite clearly, the SFA and the SPL have been overtaken by events, but there is still time for both organizations to salvage their reputations by acting now. Whether they do so or not, UEFA will be taking a huge interest in this, and may well be breathing down their necks already.
2nd contracts dating back to the 1990s, possibly covering Murray’s entire tenure at RFC! There is no escaping it – Rangers cheated and have been cheating the Scottish game for the last two decades. It’s like everyone in Scottish football is awakening from a strange dream. The task now is for the authorities to sift through the wreckage, exact appropriate punishment, and establish a new model going forward. Failure to do so will leave the walls of their own organizations crashing down around them.
Talking of imperiled ghosts and Mintys Banquo reappears. Spooky!
The hit’s just keep on coming, don’t they?
In light of this new information I think it is only fair to ask our hero if he thinks he overpaid for rangers?
One for Ogillvie et al
http://www.youtube.com/watch?v=TnfKmNRfLYU
I see rangerstaxcase new article brings regan and Doncaster to task for the ostrich behaviour. Regan in particular is now caught in the headlights as SFA President Ogilvie has been fully exposed by the article in today’s daily mail and as RTC says there is more to come.
Ogilivie needs to go now ; Regan has had his chance too and is out of his depth.
It needs UEFA to step in now to end this corruption.
The whole sorry plan is shot to pieces now. The Huns and the SFA/SPL.
Ther is no doubt they would have tried to force newhuns into the SPL under the guise of “good for the game” despite Celtic’s protestations.
However, now that the collusion has had the lid blown off they cannot possibly be seen to do so.
I would have thought they would have used the opportunity of a newhuns to draw a line under the whole affair and “move on” etc with a fresh start for everyone. If they try that now it will rightly be seen as more favouritism from day one the game will truly be up.
Rangers are fecked. The SPL/SFA are fecked and Celtic hold the cards.
Show them the same mercy as their bias has shown us over the last many decade.
Stupid, skint, dead Huns. Hehehe.
Good morning from a bright Manchester.
I have always felt that cheating was endemic at Ipox. Hugh Adam’s latest uttering shows how commonplace the it was.
It looks as though it was a nod and a wink system. Directors having an idea of what was going on but not questioning it.
It is time to get to the bottom of this. What players and directors and staff were paid EBTs. What were the dates and what was declared to the SFA/SPL?
Can we trust these bodies to investigate this issue?
It may well be that in an effort to clear itself of blame that the SFA come down heavily on Rangers.
Hail Hail and Hell Hell to Admin FC.
Well said Mr Adam.
Well said the Daily Mail (words I never thought I would write).
Well done RTC and CQN’s Paul + Phil Mac as well.
There will be imminent calls, I predict, for a “Truth & Reconciliation Commission” and an amnesty to allow people to speak freely without fear of punishment, so that, for the good of Scottish football, “lessons can be learned”!
THis despite the fact that the only place there has vbeen any allegation of a constant process of rule bedning and breaking, dating back countless years is not Albion Rovers, Airdrie…or any other team thru to the end of the alphabet, but Rangers.
Also expect participants to refuse to speak to (a) Duff & Phelps (b) the SFA (c) the SPL (d) the media. on the basis that, as there are matters under investigation their legal advice is that, despite their wish to speak out, they cannot do so.
I posted a couple of pieces last night. The first – http://scotslawthoughts.wordpress.com/2012/03/02/rangers-in-administration-as-day-17-ends-ticketus-whyte-and-no-news/ – referred to things going quiet (I am the anti Hugh Adam – all my predictions are wrong!)
The second – http://scotslawthoughts.wordpress.com/2012/03/02/hugh-adam-returns-to-haunt-rangers-again-alleges-payments-to-players-were-undeclared/ – was a quick analysis of the Hugh Adam story, with a helpful text flow chart re who would be to blame.
Finally, has anyone asked the SFL to investigate as it appears Rangers might have been playing ineligible players in the League Cup, and what about UEFA for European competition?
Maybe Peter and Dr. John ought to get out a copy of the ‘Honest Mistakes’ DVD and pop it in the post to UEFA President Michel Platini just in case there are no good movies on the box this weekend. That and a pdf of the Sun and the Mail’s recent exposés should whittle away an hour or two.
That’s why we’re paranoid
Emperor Forrest, apologies I missed your post last night got, a bit sidertracked, it truly was a magnificent post, no ambiguity there,
thanks for sharing,
hen1rik on 1 March, 2012 at 22:22
Yes ive read it.
Ive not read a “bad” book on the subject, in my opinion its worth a read, like any book particularly if I may say so on this subject you take what you want from it, this one again in my opinion presents the reader with even more questions to try and answer, which in itself is not neccessarily a bad thing.
Enjoy.
trolololololololololololol
cannae wait :-)
Morning all from a sunny La Suisse. Enjoyed the pint last night, Swiss Tony, hope you managed to make the pakoras when you got home. Eh, no, dont keep any for me.
The puggie is still showing 4 treble bars on the win line and the ‘hold’ lights are still flashing. Ch-ching, ch-ching, ch-ching, ch-ching…. It just keeps on giving.
Paul McC…your own contribution deserves recognition as well.
Keep it up.
Maybe im being over cynical, but why has Mr Adam decided to break cover with this information now? as a Director of the Company wouldnt he have had a moral (yes I know!) or legal duty to expose this illegality when he was holding a position within the Company?
Paul. Surely all this is illegal. Should the fraud squad not be getting involved here , and preferably from the met . Also I hope meantime wee leave whyte be . and concentrate on who we should have been investigating in the first place , whyte wasn,t there in the alleged 90s to. A few years ago . Hope mr teflon has lost his coat .
Jimtim
The level of cheating, and corruption now exposed is breathtaking.
Italian football must be looking on and saying to each other, ” at least we were never as bad as the Scots”
Stupid Huns.
I spoke to a friend a few days ago who wondered amongst all the other shenanigans coming to light had there ever been any attempt to use Marseilles c 1993 practices in dealing with refs and opposition?
Good morning to everyone from a foggy MK which has the appearance akin to the mists that continue to surround the truth in the demise of Rangers.
I find it incomprehensible the Daily Record could publish an account of the ticketing arrangements for the next Glasgow derby without checking the facts from the Celtic perspective.
Still, with the increasing fragmentation of the Rangers brethren on an almost daily basis blowing away some of the fog even rags like the DR will have to face the undiluted truth that Rangers is decomposing in front of our very eyes.
ch-ching, ch-ching, ch-ching….
Stoopid, stoopid puggie.
kitalba on 2 March, 2012 at 08:28 said:
Maybe Peter and Dr. John ought to get out a copy of the ‘Honest Mistakes’ DVD and pop it in the post to UEFA President Michel Platini just in case there are no good movies on the box this weekend. That and a pdf of the Sun and the Mail’s recent exposés should whittle away an hour or two.
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2010 Never Again
Something tells me Kit that Mr Platini is more than aware of the DVD and the goings on in Scottish Football.
When we all witnessed him sitting in the Directors box at Celtic Park a wee while ago it was a shot across the bow.
A plan was put in place some time ago I do believe.
The “Unseen Fenian Hand” is quietly and methodically going about the business of seeing justice is seen to be done. You can take that to the bank
Frm the RTC blog,hope the poster does not mind
Torquemada says:
02/03/2012 at 7:52 am
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When I was a twentysomething, full of misplaced confidence, piss and vinegar, I got a job on one of North America’s biggest newspapers. The paper took the Washington Post’s wire service and I can say, hand on heart, that I sub-edited and headlined Woodward and Bernstein’s Watergate coverage countless times. There was a time when I knew every personality involved and their place in the scandal and subsequent coverup. What I learned, and have had confirmed any number of times since, is that it’s the coverup that does for most miscreants, not the actual misdemeanour itself.
A scandal and coverup being steadily brought to light is like watching the oil from a pipeline leak, slowly working its way in all directions through the surrounding terrain. It begins to contaminate everything in its path. We can already see this happening as the cast of perps and cover-uppers In the EBT scandal grows ever larger and wider: Murray, Bain, Johnston, Whyte, Withey, Betts, Adam (Hugh, not Charlie), the Kings (Darrell and Dave), Ogilvie, Peat, Regan, Doncaster, Traynor, Jackson, Keevins, Young, Delahunt, et al. They’ve all been caught lying or misdirecting or cheerleading or deflecting or obfuscating. They all have their role in the drama, a drama that is now starting to look, from where I am sitting, as if it could end with the much to be desired death of a diseased club but the unintended consequence of Scotland itself being thrown out of Uefa.
You are absolutely right, RTC. Regan and Doncaster had better start shooting bad guys before the slick sucks them into the morass.
What a mess!
Lets have a wee taste of FF
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Re: Liquidation by 20th March?
What the f*ck are the RSA, RSA and RST doing to prevent this then?
Signing your name on a shitty website saying you’d give 500 quid if push came to shove is bollocks, WE”RE BEING SHOVED!!
We, the support need to act NOW!
How much more money does Paul Murray et al need?
How much money is needed by the club to stay alive?
The fact we don’t know this yet is pathetic.
zimmerman on 2 March, 2012 at 08:55 said:
FF Question
“How much money is needed by the club to stay alive?”
CQN answer
Too much, your dead in the water.
Bye
Coming in to work this morning all I could think about was tomorrows match. With a healthy lead and 11 points from the title I should be calmer. However the prospect of listening to another away game on Radio Scotland has me as tight as a drum. I know this is the wrong forum to ask but is there a cure?
The power of words…
We don’t need no stinkin’ Rangers 6 words
Rangers: where now and what’s coming next 1556 words
Pythagoras Theorem 24 words
Lord’s Prayer 66 words
Archimedes Principle 67 words
Ten Commandments 179 words
Gettysburg Address 286 words
US Declaration of Independence 1,300 words
US Constitution with all 27 amendments 7,188 words
EU Regulations on the sale of cabbages 26,911 words
QB
2010 Never Again
For those who question the motives of Hugh Adam. Read on…..
http://www.scotsman.com/sport/football/top-football-stories/murray_in_over_head_1_1375205
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Murray in over head
Published on Sunday 14 July 2002 01:00
I HAVE read the eulogies to David Murray over this past week with amusement and bemusement, for they owe little to the facts. Far from being the master in the market, as he has been portrayed, in purely business terms Rangers fared badly during David’s 14 years as chairman of the club.
Exactly how else can losses of 80million over the past five years – despite almost 60million of outside investment in that time – be explained? If you are one of the media sources grateful to David for always being available on the phone and giving quotable ‘lines’, it would seem these can be dismissed as an unfortunate by-product of a necessary outlay to achieve unparalleled success; or the nine-in-a-row years, if you prefer. I beg to differ.
Any self-respecting Rangers shareholder should have been doing cartwheels that David has been replaced as chairman by a good business manager, in the form of John McClelland. Because for almost a decade and a half, the club has not been under the stewardship of such a figure.
Shareholders should be praying that John is now allowed to assume full control of the day-to-day running of the club, which I fear will not happen with David retaining control of a near two-thirds stake.
At this point I should declare that I am a man harbouring bitterness over how I was treated by David at Rangers. I might also make plain that this does not mean that my deeply-held reservations over him as a businessman are invalidated.
Though a popular misconception appears to have sprung up suggesting David deserves the credit, I was responsible for raising the money to rebuild Ibrox through establishing the Rangers Development Pools in 1969; the most successful competition of its type. In addition, I served as a Rangers director with money-raising responsibilities in three separate spells over the past two decades. My professional ties with the club ended two years ago when I was manoeuvred off the board by David. For a second time. After the first occasion in 1993, he was subsequently forced to re-employ me because he knew I could be trusted to raise the money required to redevelop the main stand.
We endured strained relations throughout our time working together because I never depended on him for my income and so could be an independent voice in what was otherwise a one-party state. David tends to only appoint toadies and didn’t like the fact I was not prepared to be one.
This is one of his weaknesses as an executive. Another is the fact that he is simply not an astute businessman. Rather, he is an impresario, a showman, what might be termed a buyer and seller, this extending even as far as the manner in which he has sold himself and his club through a willing media. No football club chairman in the history of the Scottish game has found his name in the papers above more sympathetic articles than David. Even when the tales being told amount to bad news stories.
Perhaps because he was afforded such impunity he too often had little interest in balance sheets, preferring to splash out recklessly because this appealed to his sense of showmanship. Long-term effects were not considered and the upshot of this is that the new chairman will have to find a way of reducing expenditure to below income in order that debts can be serviced. In his resignation statement last week David practically confessed he did not possess the guile to do this, claiming that the penny-pinching now required was not his style.
An astonishing admission that, in reality, amounted to him saying he had an inability to be prudent. Could this really be the same visionary businessman we have read and heard so much about this past week?
David deserves plaudits for coaxing ENIC to invest 40million in his organisation and then convincing South African businessman Dave King to plough in a further 20m as these were bad deals for both parties, who will struggle to recover much of their original investment. I recently sold all but 800 shares of what was once a 59,000 holding in Rangers because there is no prospect of anything other than the club’s share price continuing to lose value with debts running at 50m. People say the bottom has fallen out of the football business but I believe that there is no such things as bad businesses only bad managers.
It was, in part, David’s charm and persuasiveness that allowed him to bring in and spend other people’s money at a club he bought for 6m in November 1988 and, certainly, there is much to admire about him as a person. He can be captivating company and, in social circles, very likeable. Indeed, though his bluster may encourage some to perceive him as a big-head he is nothing of the sort. Quite the reverse, in fact, with his bravado hiding basic insecurities.
As a man, I have nothing but the utmost respect for David, especially given the courage he demonstrated in overcoming the physical disability he has had to live with from the age of 24. In the same circumstances I would have retreated from public life but instead he did not allow personal tragedy to prevent him becoming one of Scotland’s major figures.
This, though, should not exempt him from criticism – something he cannot handle. He will hate me for saying this but, ultimately, he is not a creator but more of a bandwagon jumper. A close analysis of the club he bought nearly 14 years ago might allow us to make sense of this contention.
It was in the second half of the 1970s and the first half of the 1980s that three men began to exert a visionary influence on the affairs of Rangers and by extension the rest of Scottish football. Willie Waddell realised after the 1971 Ibrox disaster that spectators could not continue to stand in packed ranks on terracings sloped like downhill ski runs. With this in mind he resolved to bring about a situation where everyone watching would be seated in safety and comfort. During that period the independent Rangers Pools was gathering pace and with an annual turnover almost six times the club itself was able to fund the Waddell dream.
Lawrence Marlborough, the nephew of former chairman and house builder John Lawrence, acted as liaison between pools and club to underwrite the money required for the rebuilding of the stadium. By now, Marlborough was firmly ensconced as the major shareholder of the club but, as became apparent later, he had little taste for the day-to-day running. John Paton was replaced as chairman by one of the Lawrence Building Group: David Holmes. He emerged as the third person I will name as having had a major long-term influence on the affairs of the club. It was Holmes who, in concert with the newly-appointed Graeme Souness and taking advantage of the English league’s ban from European football, was directly responsible for bringing in some of the country’s best players. The effect on Rangers in particular and Scottish football in general was electric. Attendances soared and the team that Souness built (or should I say bought?) reached the last eight in the European Cup as well as establishing a dominance in Scottish football that only in the new millennium has been threatened by Celtic.
The arrival of David Murray in November 1988 was greeted with mixed feelings, some expectancy certainly, but also no little caution. Many regarded him as an interloper with no real loyalty to the club, but this was balanced by the fact that he was thought to have access to large funds. He proved he did, but the nine straight titles Rangers garnered under his chairmanship owed much to the fact that the Scottish championship was, at this stage, a one-horse race with Celtic lurching towards bankruptcy. It is significant that as Fergus McCann opened the way for Celtic to have access to funds similar to their rivals, the Parkhead club have usurped Rangers on the domestic scene because they have spent their money more wisely than their Glasgow counterparts. In this sense, David’s contribution to Rangers has, I believe, been vastly over-rated. The only way he knew how to handle problems was throw money at them and now that he cannot do this he has thrown the problems at someone else to solve.
Impresarios are for opera, theatre and the circus, where you do not have to confront your rivals head-to-head. One dimensional management is not for professional football clubs. Frankly, in future years, David might be remembered as actually having held Rangers back.
Hugh Adam worked for Rangers for three decades (1969-2000), establishing Rangers development pools and subsequently serving on the club’s Board of Directors
The realisation that their tainted 9-in-a-row is now under threat is slowly dawning upon them – the reaction on FF sinister if predictable:
“And here is the start of the campaign to strip us of the NIAR
Exactly, clear as day.
If the SFA and the pantomime parliament want civil unrest in Scotland, this is one way it will happen.”
————————
“Your words could not be more true my friend.
I have had this little voice in the back of my head screaming this for months now and it is getting louder by the day.
There will be bloodshed
DM does really need investigated but it is the end game of those digging the dirt that is in question here, for them DM is not the target, The Rangers are”
Big media presence outside Murray Park this fine morning. Something’s in the air.
And another
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Serioulsy what is it going to take for the fans to actually do something!
I totally agree that we are staring down the barrel of the gun and the bastards are going to pull the trigger.
we as a support have signed up to pledge money and filled Ibrox at the killie game. Thats it!!!
We need to act and we need to act now!
These latest revelations must surely mean we will soon hear the rumbling sound of severed heads as they roll along the corridors of the SFA and onto the streets below.
Celtic, meanwhile, appear to be keeping their powder dry for now and I hope the explosion, when it happens, is a big one. I do pray though that our own past is squeaky clean, apart from the one admitted (and quickly discarded) EBT which was operated in MON’s reign.
Interesting times and more to come. Can’t wait.
Keep on gloating.
Daily Mail article this morning, last nail in the coffin or just the lid being finally forced off for Regan, Doncaster to finally have a look in?
I am glad the papers are keeping us informed, having been on this story since day one. Where on earth would we have ever heard of any of this???
Re. The Hugh Adam article in the Daily Mail. Surely an SFA enquiry going back to the mid 90s now required as a matter of urgency.
But given that Ogilvie, who appears to be up to his neck in all of this, is still in situ and in a position to influence any enquiries, i won’t hold my breath in this happening. Especially since the SFA at best appear incompetent or more likely are complicit in this cheating.
If Adam is proven to be correct then all titles and cups won during ‘the cheating years’ should be removed from the record books and the club (if it still remains) should be removed from Scottish football irrespective of how their current financial problems pan out.