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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So many years of Sports Science and the mainstay of a physios kit bag is a wet sponge & gaffer tape.
Bloke109 is Neil Lennon on 11 June, 2012 at 20:05 said:
I think Cha should be ahead of him. O wait he’s away.
Seriously I’d have kept Cha and Adam.
I keep shouting on the Swedes,and it’s the
bloomin Ukrainians :O(
Bom dia.
One (of the many things) that puzzles me about the FC Enron farago (great word that – farago) is what’s the deadline for the SPL/SFL to announce the 2012/13 season fixture’s? Surely there must be a deadline for this too? Or has somebody already raised this issue?
Oh and a wee sports question from this morning’s Rio back pages – In modern times (ie. from 1970 on) there has been only one other player who has scored a hat trick against Brasil. Who is it?
How tall is Sweden’s Andreas Isaksson?
1.99 metres
Sizeist CSC
Paulo Rossi
Paolo Rossi
That Ukranian keeper ,his mammy always sends him out spotless.
‘GG on 11 June, 2012 at 19:17 said:
:-)
HillWalkersCSC
Ibrahimovic narrowly misses the corner flag with a shot.
I remember the Rossi game so clearly.
Before it the commentator was talking about all the expectations there’d been on him before the tournament and how up to that point he’d done nothing. “He’s really going to have to sing for his supper tonight” were the exact words. And boy did he sing.
The big man Granqvist- is he the guy we were constantly linked with in last few seasons?
Groningen I think.
Looks decent. Big, strong & mobile.
Rioskorrie –
the fixtures are to be announced next Monday, 18 June. As things stand, Rangers still exist and are in administration and so will feature. Unless anything happens on, for example, Thursday perhaps.
Ukraine look like one of these nations that struggles to qualify even as hosts.
lochgoilhead bhoy on 11 June, 2012 at 20:17 said:
You have a geographical advantage over everyone else.
Rossi ‘s hatrick game ,probably my second fav game in the world cup after the 66 final.
wonkyradar on 11 June, 2012 at 20:19 said:
The big man Granqvist- is he the guy we were constantly linked with in last few seasons?
Groningen I think.
Looks decent. Big, strong & mobile.
went to Italy last summer, Genoa i think
share on F’book or Twitter
Evening all
Rioskorrie
Paolo Rossi scored a hat trick v Brazil in the Sarria Stadium, Barcelona thirty years ago . An amazing game
H x 2
voguepunter on 11 June, 2012 at 20:21 said:
I didn’t see the 66 final :)
So Rossi’s game remains my highlight.
Ibrahimovic has never played in England. Therefore, is rubbish.
30 years ago??? Oh my.
voguepunter on 11 June, 2012 at 20:21 said:
Surely you mean 70?
GG
thats his age….
•-:¦:-•** -:¦:- sparkleghirl :¦:-.•**• -:¦:-• on 11 June, 2012
Neither did I , but it must have been a cracker.
I was on the beach at Forte dei Marmi when Rossi single-handedly put out Brazil.
Eight years old, watching everyone go nuts.
Amazing match.
Thirty years ago…? sheesh…
Seria A’s top scorer with his best ever goals tally “He switches off in games tho’ doesn’t he???”
Got to love the Insel Affen commentators!!
Zat……… was close!
ItaliaBhoy on 11 June, 2012 at 20:23 said:
Ibrahimovic has never played in England. Therefore, is rubbish.
———————-
I said I didn’t like him.
He’s greedy arrogant and self promoting.
Is that Jeremy Clarkson playing in goals for Ukraine?
Those Ibrahimovic comments debunked #34
He drifts in and out of games.
Yes, like when the ball’s in his own keeper’s hands or in Row Z, he’s nothing.
Rosenburg is 29 and has a career total of 107 goals. That is shite. I can think of another swedish striker who scored half that many in one season.
Messi has scored 83 this season.
Dubaibhoy on 11 June, 2012 at 20:28 said:
Is that Jeremy Clarkson playing in goals for Ukraine?
///////
It might be because Lu Stig is there too. :-)
blantyretim on 11 June, 2012 at 20:24 said:
GG
thats his age….
—————————
We’re in the same age bracket then. We’ll both have memories of Charlie Tully, Johnny Bonnar, Bobby Evans and Billy McPhail.
Paulo Rossi was very good at the Soccerates.
‘GG on 11 June, 2012 at 20:31 said:
GG don’t listen to BT,i’m a nipper next to you:O)
They would have been better just leaving the cameras on the ole pretty girl shots.
Mellberg is defending like a hungry lumberjack who cuts down trees with his teeth…Granqvist is like a stilt-walker on speed…the Swedes look like a Search & Rescue Team with that strip…but the Sauna loving porno addicts (hows that for cultural stereotyping?) are always well marshaled at the back.
HT 0-0. Boring – so, what’s the odds on how long before panel start back on the England game – 5 mins, 6 mins ???