In October last year, with Rangers riding high in the league and with Craig Whyte enjoying messianic worship at Ibrox, Celtic Quick News published an article with a few predictions:
“In the event of Rangers facing financial Armageddon…. a prepack offer from a new company, for example, Rangers Newco FC Ltd, would offer an administrator a deal for all assets of the club, including stadium and offer to meet outstanding player wages. Deals like this seldom offer unsecured creditors much but even a small percentage might realise more cash than the administrator would gamble on raising in an unstructured sale.
“In such circumstances, the administrator could accept as little as £4m for the unsecured creditors.
“In normal business Rangers Newco FC Ltd would begin trading and this would be the end of the story but football is not normal business. Rangers Newco FC would own a stadium and would employ some footballers but they would not be part of any league structure. They would need to apply for membership to the Scottish Football League or Scottish Premier League.
“In this scenario, the death of Rangers Football Club would leave a vacancy in the SPL, presenting several financial, logistical and sporting challenges…. current TV contracts and sponsorship deals could be jeopardised, while future contracts would be worth a fraction of their current values.
“There is, of course, a resolution to this problem.
“Rangers Newco FC Ltd could present an offer to the SPL. The new company, with its stadium and thousands of potential supporters, could. … adopt the place of Rangers FC, complete their fixtures and allow every other team in the league to fulfil commercial obligations.
“ If [enough]clubs stand against them, they would have to apply for membership of the Scottish Football League, but, having researched this story for several days, I expect Rangers Newco FC Ltd would get enough support to pick-up the place of the defunct Rangers FC.
“Celtic fans, as well as those from Aberdeen, Hibernian, Dundee United and St Johnstone, together with fans from Motherwell, who could become genuine championship contenders [they were pushing us hard at the time], and from those clubs who would avoid relegation if Rangers failed, must insist their club votes against any prepack company parachuting into the league.
“Watch the media coverage of these events carefully. If and when the decision time comes, the case to acquiesce to Rangers Newco’s demands will be overwhelming. Sincere ‘impartial’ observers will do their upmost to convince us all we must do whatever necessary to save Rangers for the good of the Scottish game. Some voices will even tell you Celtic need Rangers Newco. Whatever part of my club is dependent on Rangers I am willing to lose.”
Pretty much all of the above came to pass but the position of the SPL clubs is noteworthy. As recently as last month Celtic were the only club prepared to vote No to Newco. In the months since Rangers went into administration in February the crescendo of fans voices slowly became impossible to ignore. Clubs which were set to vote yes, were left with no choice but to observe their ultimate paymasters.
It was a phenomenal grassroots campaign.
Kelvinbhoy asked me to pass on his thanks for the fantastic response to his appeal for kids bikes for underprivileged children. Well done to all who helped!
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starry plough on 26 June, 2012 at 15:32 said:
Tiny blip? It’s the full stop after the words The End
Next season when there’s no hun club, where will all the anger go?
starry plough on 26 June, 2012 at 15:32 said:
Rangers Undignified @RangersUndignified
Ally If you have time today when you’re alone, have another yum yum
The Rangers name should be classified as toxic for Scottish football and not allowed to be used in the name of any new club for at least twenty years, equivalent to most of the time of the EBTs.
archdeaconsbench on 26 June, 2012 at 15:32 said:
Ye think the huns didnae like Alex Thomson before?
FF is in meltdown cos he posted a gif of the John Greig statue ‘walking away…’
They are no happy!
They’re only happy when they are abusing Jock Stein the man who helped them in the ibrox disaster but as soon as someone mentions the ibrox disaster they all start to feel sorry for themselves and they take the moral high ground.
philvisreturns on 26 June, 2012 at 15:33 said:
:-))
There’s also one on the M6 – perhaps he’ll be able to bulk up on his way to the Question of Sport studios?
archdeaconsbench on 26 June, 2012 at 15:32 said:
FF is in meltdown cos he posted a gif of the John Greig statue ‘walking away…’
Why so indignant? Because the real John Greig would never walk away? Oh hang on a minute……
archdeaconsbench – poor huns.
Always quick to mock Celtic people as “the most oppressed people ever”, always quick to defend their sectarian bile as “banter”, always quick to howl with outrage at every perceived slight.
Only a mentalist would believe the senior correspondent from Channel 4 News was trying to make light of a tragedy, but then only a fruitcake would believe “orc” stands for “orange racist c-word” or that “Castle Greyskull” is a coded reference to the Ibrox disaster. (thumbsup)
PHILVISRETURNS 1533
There is also a WIMPY in Dingwall. That’ll be another wee trip to the North-East to look forward to,the lucky sod.
Assuming he goes back to working in the media……
johann
Ha – Ole Flipper was an aquatic smooth slippy Skippy.
*There’s no way I can spell a Flipper noise either*
Thanks NC.
Should be around the 10th July then.
SPF
NatKnow – :-))
Is that your Ally McCoist smiley? Because he looks more like this these days:
>:-(((((
(thumbsup)
I don’t know what’s funnier, the fact that Rangers are dead, or their deluded ex-fans who still think they exist with all their history intact.
I can envisage the hun sitting babbling incoherently in a corner hugging a corpse with an Ex-Rangers shirt trying to convince himself that Sevco is the same lol.
Guess come Friday once Green walks away it’ll FINALLY dawn on them.
Raith Rovers, Falkirk who’s next? – this is surreal even ole Screaming Lord Sutch (God rest him) got some yes votes.
philvisreturns on 26 June, 2012 at 15:39 said:
I didn’t even know a sad, double-chinned emoticon had been developed for this situation…handy! Every day’s a school day.
:-)))
All future Rangers games are to be staged on Christmas island
The SFA stated that the toxicity levels of the Island and the team are a perfect match
The first game is Rangers V Linfield
Sparkleghirl:
Their favourite slogan is “Follow Follow” for good reason.
It’s what the sheep in wolves clothing do best.
Wonder if the Cardigan and co are still weaselling in the background about to rescue the dying body before the SPL vote and liquidation
BOBBY MURDOCH’S CURLED-UP WINKLE-PICKERS – There is also a WIMPY in Dingwall. That’ll be another wee trip to the North-East to look forward to,the lucky sod.
Assuming he goes back to working in the media……
Maybe he’ll make a Scottish version of “Man Versus Food”.
Although, from the looks of him, the food won years ago. (thumbsup)
Tell you one thing UEFA must be skint given the number of fines
they are handing out during the Euros
The clock on the wall goes tock tock tock tock
cause theres nae tick :oD)))))
•-:¦:-•** -:¦:- sparkleghirl :¦:-.•**• -:¦:-• 15:37
Lol!
It’s beginning to look alot like No Co
News just in ……….. the Arab League will meet on Thursday to consider the application from Sevco 5088 for membership. There is currently a vacancy in the Arab League following the suspension of Syria in November 2011. Sevco’s application will be put to the vote among the member countries but it is understood that a rival application from the State of Israel will be viewed more favourably by the League members.
Re ‘Transfer of Membership’
SFA Article 14 applies, which gives the SFA Board sole discretion to accept or reject an application for transfer on any terms they deem appropriate.
An absolute classic from FF today.
Since when did Scottish football clubs care about supporters?
Only since they needed to chicken out of a vote it seems.
Whether a chairman of a club or an office-bearer in any organisation the responsibilities include a duty of leadership – an ability to say the unpalatable even when it is unpopular with your grassroots, the responsibility to look beyond a knee-jerk reaction.
Have many of the chairman of Scottish football clubs who have been spouting their mouths off in public over how they were going to vote regarding a newco entering the SPL done so motivated with the genuine best long-term interests of their own club and Scottish football as whole or are they simply terrified by threats and hatred. Have they bottled it?
Some of them undoubtedly have. I can understand the fear – I can even get the idea of someone who genuinely says the rules have been broken, Rangers fans should have been more careful of who got their club and the club has to carry the can for the misdemeanors of the directors. But in many cases that is not what has been said.
What is in fact happening is that directors are pandering to the wildest and most vile elements of their supporters – the idea that an extra 1,000 Aberdeen fans will suddenly flood back to Pittodrie and buy season tickets to make up for the gate, TV and hospitality revenue demoting Rangers is both preposterous in the sense that it will happen, and preposterous in the sense that what sort of “fan” supports his or her team not on the basis of what their favourites do on the pitch but on the basis of another team not playing?! You couldn’t make it up!
The Chairman of Scottish football club know they are voting to put their own clubs on the verge of extinction – take out the revenue Rangers bring (and ignore the lies you may comfort yourself with) and there are huge gaps in budgets and they won’t be easily replaced.
I heard a rep from an Aberdeen fan group on radio the other week talking about “only” needing another 1,000 season ticket holders to replace Sky and Rangers money. All it required was the Pittodrie board to ‘be inventive about marketing.’ Do tell us how you get on.
This sort of tripe is the meat and drink of the public bar – not the boardroom. We now have clubs for the first time in their histories offering the fans a vote on the newco decision. When do you think they will next offer their fans a vote?
If Chairman want to put Rangers down then do for so your own reasons, explain them and be men about it – don’t hide behind the fear engendered by the mob mentality of the lunatic fringe in your own supports.
‘Terror,’ observed Angus Crow, ‘is a great force.’
Indeed, terror could drive men to cross oceans or, in other cases, be silent. Crow remained unaware of Moriarty’s next move simply because a number of men – some in Her Majesty’s service – were prepared to remain blind, deaf and dumb; some because of money, but most out of terror.
From “Moriarty” by John Gardner.
ScotsPats..,
hope so :o)
RON BACARDI 1546
IMO,they are waiting for the whole shebang to go nipples-up,and then ride to the rescue on a white charger.
That way,they are the good guys.
That way,Murray can say that it wasn’t him who liquidated Rangers.
No,blame the useful idiot,Craig Whyte.
From Monaco.
Where I believe there is no extradition treaty for financial irregularities.
But what the hell,we can enjoy a few years totally hun-free,just like The Exiled Tim!
Great article Paul.
But I assume the two errors in its title have been pointed out: Sevco can’t be expelled as it has never been a member of anything – but it may be able to join the SFL. And it might meet the relevant criteria – but can it win a vote?
I love that so many clubs are coming out against Sevco. I remember that the fans of a former football club used to sing “No one likes us, we don’t care.” It seems no one likes Sevco either – but they do very much care about it.
PHILVISRETURNS 1547
Ah,yer good. Every time…….
Will anyone be compiling a list of the duped? Because I am seriously losing track.
I remember it being Mister Sir David Murray, but then after that it’s like all manner of stuff has hit the fan.
Has Cheeky Chico Green been duped? Do Duff and Dudds fall into duper categorisation?
What about the obese Paul LeGuen? Can you actually be duped whilst duping, whilst spin doctoring for every potential buyer?
And what about the obese Paul LeGuen?
Did I mention the obese Paul LeGuen?
Did I?
You’re absolutely, unequivocally sure I mentioned the obese Paul LeGuen?
I mean I’d be lying if I said I didn’t like writing the obese Paul LeGuen.
u
johann
Ha – Ole Flipper was an aquatic smooth slippy Skippy.
*There’s no way I can spell a Flipper noise either*
—————————————————-
‘whats that flipper…….eeeeeeeeehhhhh…….eeeeeeeeeeehhhhhh….”
johnnymorriscsc :)
JOHNNYCLASH 1552
I refer you to my previous answer to PHILVISRETURNS.
A wee touch of class,that one,btw.
What does the Queen have in common with Rangers?
2 celebratory days per year. The Queen has 2 birthdays and Rangers may well soon have 2 Administration days.
14th Feb – Admin Day 1
Rumours abound that Sevco can’t afford wages and may be placed in Admin by end of this week.
Could it get any better than this?
Mort
Afternoon bhoys, seriously hot and hun free as ever.
IF there is no huns next season, do the SFL have a 9 team 3rd div, or do another club join ?
Do the SFL expand the league the season after next to accomadate the huns…choices, choices,choices.
I posted this yesterday on The Celtic Hub but felt, that as the hate increases, it might be worth adding here.
Raging Bulls
http://followfollowfail.blogspot.com/2012/06/is-situation-affecting-your-personal.html
It would appear from the above that perhaps with the potential for a large number of raging bulls running amok, all china shops in and around Glasgow might be under serious threat. I guess there are none so hateful as those who rankle and none so murderous as those who seek vengeance. Fans of the now-extinct-Rangers F.C. have certainly been hateful towards the rest of Scottish football over the years and have been known on not a few occasions to take it to the extremes of death threats and even murder. In their psychotic narcissism, they have been intolerant to the extent of violence towards anything or anyone that does not adhere to their egotistical righteousness. Like spoiled brats, who have been unfortunately pandered to for a hundred years or more, they react to animosity in the manner of bulls on heat rampaging in search of targets for their vengeful lust. Such vicious bullying (forgive the pun) has been witnessed far beyond their own borders resulting in condemnation from countries, cities and football clubs throughout Europe and beyond. The venomous language of their web sites and blogs has a terrifyingly threatening ring to it. The so called uncontrolled dominant minority is so vicious, it justifies any need to use it as a distinct deterrent to any potential acceptance of the genuine few, far less the whole.
It is a worrying thought that the violent behaviour of the now-extinct-Rangers F.C. fans would probably continue even if a new team, whatever it may be called, is devoid of its greatest rival and playing in a lower division. It would appear to be so ingrained in their psyche that it is nigh impossible to imagine any significant change in spite of a relocation. In fact, being demoted would very possibly result in a retaliation that has not seen its like in Scottish football ever. If their team ends up in the S.F.L., it would be expected that clubs in the lower divisions would bear the brunt of their wrath. Unlike clubs in the S.P.L., whose supporters may have sufficient numbers to proffer some defence, S.F.L. clubs on the whole will have, at most, only a few thousand to confront the rampaging hordes. For the majority these defences would most probably be so limited as to create a ‘Three Hundred Spartans’ scenario. This to me would be the death-knell of that particular S.F. league as supporters drift away club by club rather than try to confront the onslaught each would face at least every fortnight.
Moreover, I contend that following a new club in the S.F.L. would only be a very short lived temporary distraction for that large number of fans who would most likely revert to type. I am certain there are those among them that would choose violent disruption at local S.P.L. matches as preferred entertainment to watching their adopted club playing, as they would see it, an insignificant game against what they would regard in footballing terms as a “nobody”. Once again they would place football hooliganism at the pinnacle of Scottish shameful behaviour and, as is their wont, would find someone else to blame, dragging all of us into the same cesspit, deserving or not. Once more the iron fist of a knee-jerk government would pound the innocent while ignoring the guilty. Some might argue that the calamity could be averted if the new club were not allowed a place in any Scottish league and this looks more and more to be a possibility. However, I seriously doubt this would eliminate the potential mayhem that could ensue no matter what the outcome from the present now-extinct-Rangers F.C. crisis. These type of supporters would only have more time and excuse to direct their venom at any football club in their sights. It is not beyond the realms of possibility for this to mean non-league football too. It seems a bleak picture but it is one painted to warn rather than to frighten. Preparation is at least half the battle.
I am sure there are many who would question my depressing negativity. I have no physical evidence to support my theories. The proof for me lies in a gut instinct that tells me to be wary. My deductions are founded on the total lack of remorse, the blatant absence of an admission of guilt and the determination to lay the blame on others. Most threatening of all is the rallying calls to arms in tweets and blogs in pursuit of what these supporters see as warranted retribution. Not a single person from the now-extinct-Rangers F.C. has made the slightest attempt to seek reconciliation, neither director, member of staff nor supporter. On the contrary, still steeped in self-centred expectancy, they bleat cries of self pity. They practically demand leniency, clemency or mercy depending on their mood, all the attributes that their ex-club failed to display when requested in its time of power-broking, as witnessed by the now-extinct-Airdrieonians F.C. When the crocodile tears trigger no response, they are most certainly not averse to using threats. Furthermore, they have demonstrated they have lost none of their disdain for Scottish football, whether towards the authorities, other clubs and above all other supporters. Their superiority complex is the very antithesis of the reaction expected from those who have been humbled and defeated. For me, this very complex is what will instigate the need for revenge. Those who appear, in their eyes at least, to have contributed to their downfall, will be firmly in their sights, as alluded to in the verbal threats of their resurrected “hero”, Mr. S. Jardine. It is not inconceivable that in the melee there could well be “civilian casualties”. It would seem that almost all now-extinct-Rangers F.C. fans are, one suspects deliberately, blinded to the wrongdoing of their club. Nor do they recognise their own part in it through wallowing in and accepting the benefits of its misdeeds, not dissimilar to handling stolen goods, one might say. Increasingly they perceive themselves as the victims as others are portrayed more and more as the perpetrators for laying upon them the hand of justice. Justice is a virtue for which they have displayed very little respect throughout their ex-club’s history resulting in a perception that for them, special treatment is merited. It is this narrow-minded interpretation that has seen them unblushingly accept favours, lord it over all rivals, have their destructive way with numerous people and places offering them hospitality. Above all, embedded in their minds is the belief that gaining undue advantage or reaping undeserved rewards is absolutely acceptable provided it is not exposed or, even worse, condemned. Can anyone truly deny the potential of such a mindset to act ad extremis when trapped. The entangled current affairs of both their ex-club and the new entity has undoubtedly ensnared these supporters in fear, fury and hatred. Warped by a disingenuous Scottish media and a succession of shifty rescuers and their cohorts, they at least imagine if not believe, that all other fans are but crazed hunters. As can only be expected from cornered prey, rather than reason a feasible and bloodless escape plan, they are apt to rush headlong into a fight. I believe that when they finally retaliate, they will resemble more the raging bull than the cunning fox.
H H
Paul67
Surely they have not been expelled…….
They are a newco they can not be expelled only that their application to join SPL and Division 1 or 2 has not been approved as newco needs to start at the entry level of the league structure.
Newco on the brink of becoming noco, awe naw there goes the fitness programme again…