Sevco and Gang of 10

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We are three days away from Rangers creditors’ vote on the proposed CVA and my best sources remain strongly of the view that HMRC will vote against.  As a result, on Thursday, the process to liquidate Rangers will commence and Charles Green’s company, Sevco 5088, will attempt to purchase the assets of the business.

One of the first acts of Sevco 5088 will be to apply for membership to the Scottish Premier League.  They will offer the league an opportunity to retain considerable revenue streams which would be lost to the league following the liquidation of the former football club, Rangers.

Attitudes hardened towards a Newco proposition since Mr Green came onto the scene, specifically since Rangers raised an action against the Scottish FA at the Court of Session, but sentiment in football is fickle.  We should ignore all public comments on the subject of Newco and concentrate our minds on the SPL vote, which will take place next week.

Two months ago the Gang of 10 clubs thought they were in an ‘Arab Spring’ moment when they met to discuss how they would use Rangers demise as an opportunity to re-engineer the league.  Charles Green is aware of their feelings on this matter and is likely to use this knowledge to inform his offer to the league.

Expect Green to offer to support a change in voting rights if the SPL allow Servco a franchise in the SPL.  This offer would allow the Gang of 10 to not only retain much of their existing income streams, they would actually be able to bring in additional income.  Servco FC would benefit from being the first company to be able to buy a place in the top division of Scottish football.  The only loser from this scenario would be Celtic.

The existing voting rights protect Celtic from several hazards.  The most important two are the rights of home teams to retain match ticket revenue and a limit to the number of home games shown live on TV for any club.

You will hear lots of comment from the Gang of 10 that they are not interested in splitting home gate money but none of them have agreed to exclude this matter from the change in voting rights.  More Celtic home games on TV would be welcomed by armchair fans that live abroad but would see season ticket holders suffer as kick off times are moved to accommodate TV scheduling.  Neither of these matters will be addressed at this month’s SPL meeting but, if the voting rights change, you can expect to read about them soon.

If the application from Sevco is rejected, we enter a new world, where SPL voting rights will inevitably change and Scottish clubs will have to learn to cooperate with each other on a constructive basis.  As Celtic fans, we will embrace that challenge, but you can be sure that a slice of your season ticket money is being offered right now by people who have nothing whatsoever to do with Celtic.

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  1. I think France played well especially as they were playing 5 a side rules of bot being able to score in the box….

  2. It’s the most low-key I’ve seen the media vis-a-vis Engurlind.

     

     

    It’s not a new strategy though – it’s just that most pundits think they are mince and the media has no Beckhamesque dandies to pander to.

     

     

    Doubt anyone would fear getting either them or France in the knock outs.

     

     

    U

  3. When he speaks Hodgson reminds me of a seasoned trainspotter reciting a timetable; yet he is fair minded & refreshingly honest- he refused to be sucked into that interviewers ref bias nonsense.

     

     

    Hope he doesn’t end up savagely churned up & violently spat out of the English media’s mincing machine when they suffer their inevitable “tragic” exit.

  4. leftclicktic on

    never watched it but caught a few minutes of post match interviews and remembered why I didn’t watch or listen to it ,

     

    That will be them up as hot favourites to win it now, Dreadful bias sounded like the bbc studio during Orc game

  5. lochgoilhead bhoy on 11 June, 2012 at 18:41 said:

     

    Very clever…..but

     

    Bea Arthur would have had a bigger impact.

  6. That’s me finished with the SPL if Weatherseal are sponsoring it. Their rude call centre operators have been plaguing me with sales calls. I will therefore never use that company.

     

     

    StopthecoldcallersCSC

  7. Thems online magazine and new forum launched today, the thems standard. In the spirit of known your rival, I’ve read some of it. What they are trying to portray is a combination of a corinthian club, kind to animals and charity-giving, peace-loving all round good eggs. An odd confection of self-defence, spin and self-agrandisement, there’s for sure a whiff of ‘we’ll be in the SPL next season’.

  8. hen1rik on 11 June, 2012 at 18:42 said:

     

     

    Yes BK involved with Weatherseal; Everest also.

  9. When Carrrrriguuuurrrr opens his mouth it feels like a cheese grater rubbing against my brain…stressed having to watch a 100+Ilb Doberman on heat trying to sexually molest the cats…then having to constantly mute the sound every time Carragher or the Anglo-Irishman Townsend speak…three weeks of this?

     

     

    Lord save us all.

  10. 9 white shirts in the last 1/3 of the pitch – what a borefest.

     

     

    Fancy big Zat to sort them out if Sweden get a win tonight.

  11. Frank ribery good football player as for aiden mcgeady thank god he dosent.play for us he has became very lazy since he moved to Russia.as for cox.Andrews not good enough for the hoops len non should have a look for players in France as for Rhodes not for me

  12. weevincywoking on

    Watched the match in engerland  in a quiet pub with the sound turned down. Did anyone notice the similarly between the auld Frenchman asleep and one of the characters  from Asterix the Gaul?

  13. tommytwiststommyturns on

    fanad – I think Wonky’s right, the English tabloids will have the knives sharpened after ‘Arry didn’t get the job.

     

     

    T4

  14. Headtheball.

     

     

    Maybe someone told the SPL to show some vision but we can all see thru their strategy. :-)

  15. archdeaconsbench on

    wonkyradar on 11 June, 2012 at 19:25 said:

     

    I thought Carragher sounded bevvied…

  16. It tells you a lot when Stephen Ireland can’t get into Trappatoni’s team- he has been fairly poor for a while. I don’t doubt his ability but maybe his commitment.

     

     

    Is he injured at the moment?

  17. Neil canamalar Lennon hunskelper extrordinaire on

    Wonder if the weatherseal contract had an old firm clause ?

  18. I quite like Jamie Carragher although I admit that he`s tough to listen to. :-) The ITV commentator in the England game was a pain.

  19. dixiebhoy69 on 11 June, 2012 at 19:29 said:

     

     

    Headtheball.

     

     

    Maybe someone told the SPL to show some vision but we can all see thru their strategy. :-)

     

    /////

     

     

    I find it a pane though. :-)

  20. Bloke109

     

     

    That’s what happens when u watch a Sh!t game !! We make our own entertainment !

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