In response to some of the more excitable comments from yesterday it might be worthwhile painting the possible scenarios for Rangers.
No Sale
If Bill Miller is unable to complete the sale (remember, he’s not even paid the deposit and has no intention of doing so), the club will reach the end of the season and run out of money. It will then either expire completely or Duff and Phelps will try to cut a deal with Ticketus to allow Rangers to sell season tickets and retain more of the money than they are currently due.
Rangers could continue to operate in administration for a while to come; Motherwell were in administration for one week short of two years. The club would be unable to afford player wages after they return to normal in 1 June so would be forced to pare the squad back, whether the ban on player registration remains or not.
Miller completes purchase and the SPL vote him into the league
If Miller completes his purchase, as it stands, the SPL board will have discretion to transfer an insolvent club’s share in the league to a Newco. Neil Doncaster has pinned his colours to the mast on this issue, Steve Lomas explained St Johnstone’s willingness to also vote Newco in. Celtic will vote against which means if either Motherwell or Dundee United vote in favour of Newco, they will be allowed into the league.
I have no doubt that both Motherwell and Dundee United will vote in favour of Newco. The SPL will vote to introduce a new procedure for dealing with Newco on Monday but it’s far from clear this proposal will get enough support.
For Miller, there are complications with this issue. He would inherit all football and financial penalties due for Rangers and would also be expected to pay Rangers football debts – around £3.5m.
You can largely ignore the £160k Fit and Proper fines from the SFA but the SPL inquiry into Improper Registration of Players for over a decade will be the biggest charge in the history of British sport. We should be looking at fines commensurate with the financial benefits accrued and multi-year sporting punishments.
If the SPL rule amendments Newco are rejected on Monday (as I expect), there are some who are concerned SPL board will impose lighter penalties than those suggested by Neil Doncaster’s new rules.
Alternatively, Miller could tell the SPL to stuff it and apply to the Scottish Football League. Ally McCoist has already threatened this in response to the already-imposed fines and the notion is popular among Rangers fans I know. If the did this, Newco would not have to pay Rangers football debts and would be subject to no penalties or player registration bans. They could budget for three years of lower-league football and then tool up for the summer of 2015.
You can expect some though talking from Rangers on going to the Third Division in an attempt to spook the SPL into offering limited, single-season penalties.
Among the many unknowns, we can be sure of a few things:
Rangers Football Club, established in 1872, is finished.
Some form of phoenix will happen, if not for next season, then probably by 2013.
The SPL will complete the inquiry into Improper Registration of players, whether Rangers exist or not. If a Newco is granted Rangers SPL share, penalties will be punitive.
Notions that ‘Rangers’ are going to emerge debt-free, strong and able to compete as though nothing has happened is simply nonsense. Their club is dead. They will start a new club, it will either be back in the SPL unhindered in 2015 (or 16) or will be in the SPL next season, heavily burdened for many years to come.
My prediction is for the latter.
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1,379 Comments- Pages:
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Steinreignedsupreme
Two transfer window embargos, top flight status, no debt and….. oh let me guess……say two seasons with point deductions. That’s it for 20 years of cheating?
It will fly in and they will win a cup in year two I will bet and if you thought they were triumphalist now…………..
Kojo What makes you think Bill Millar may be a Taig ? If he is that would be conclusive evidence that the orcs are being punished for there sins.H.H.
Steinreignedsupreme on 4 May, 2012 at 17:26 said:
That was the choice they faced in 2007 and decided against. This time it will have to be enforced on them.
Once the idea has sunk in that their tra la days are over we wil see how much Scotland needs an honest Rangers, the strong Rangers never ever having really existed.
JohnnyClash,
Yes he did say that (you either love him or you hate him), he didn’t elaborate, as DontB said it could have been cut out. And as they are friends it’s definitely fair comment.
Sammi’s half time interview was great though.
Plus they aways have the best commentary:-)
Hail Hail
My dear,dear,dear,friend.. Joe Fillippi’s Haircut
Oh.. A Little Boidie.. done tole me. so.
Na.It wiznae.. Luigi!
Who knows? Maybe the wee Boidie,is No Lyin’
It’s A Rumor. aroon the Vegas , Campfire…
Kojo
yer pal.. who likes ye aloater.
Still, Laughin’
Brogan et al
Perfect thoughts on a Friday eve
HH
M
I hope they’ve got security on the front door after their last game, the stampede of players trying to get off the premises could be very dangerous.
And I thought they were heroes saving their club ha ha ha ha
Bye Bye Papac.
papac does walking away. how does ally plan to meet Miller?…must fancy a wee trip to the usa.
monteblanco on 4 May, 2012 at 17:32:
“Two transfer window embargos, top flight status, no debt and….. oh let me guess……say two seasons with point deductions. That’s it for 20 years of cheating?”
I don’t know what the punishment will be.
What I do know for certain is that Glasgow Rangers Football Club will no longer exist.
Expect threats to papac to be kept very quiet
Steinreignedsupreme
Aye thats right, they won’t. What will exist is a debt free, therefore very investable zombie team, competing and winning in a very short period of time!
monteblanco on 4 May, 2012 at 17:32 said:
I would wait and see the kind of squad they will muster on a wage bill they can afford after penalties.
I think the GB will have the term
” Glasgow Rangers until 2012, Taxdodgers Forever”
somewhere on a permanent banner once this rumbles to a close.
monteblanco on 4 May, 2012 at 17:41 said:
Do you work for Radio Clyde??
On the aul’ biege Chinos debate…
I used to work for an American Consultancy in London, we had a new MD over from NYC and he got us all together for a briefing.
Towards the end he asked if there was anything he should know about Britain. A girl stumped up,- just make sure you don’t tell anyone you have Khaki Pants.
Looking forward to hearing ole Windy Miller explaining his cunning plan. At least we’ll not be short of tow-trucks on the M8.
Brogan Rogan Trevino and Hogan supports Kano 1000 on 4 May, 2012 at 16:32 said:
Good Afternoon,
Fantastic.
HH
Naisy and nae Papacy, at Ibrokes.
Auld Neil Lennon heid on 4 May, 2012 at 17:36:
Aye. They gambled everything on black and it came up red.
The other thing that many people are overlooking is the Huns don’t do losing – they simply don’t turn up to watch a team that has no chance of claiming the big domestic prizes.
Their cosy arrangement with the bank no longer exists either and they have no choice but to punt the squad in order to get the as yet unformed football club with no history off the ground.
No matter what happens Rangers are finished.
Starry Plough
Are you a bouncer in Mothercare?
monteblanco on 4 May, 2012 at 17:41:
“Aye thats right, they won’t. What will exist is a debt free, therefore very investable zombie team, competing and winning in a very short period of time!”
Whatever they have will not be Glasgow Rangers Football Club.
Therefore they have nothing.
PAUL 67 et al.
Does no surrender Johnston have any links with this Miller character..?
Kojo……
How long does it take to get a passport in the Land of the Free.
Windy Millar will need one now.
Surely he can not wait to meet the Bears.
You think he is confused and thinks the Bears are a US football franchise?
Ha!
did someone beat me to it? Bill Miller….
All his excess is in Taxless…that’s why he lives in Tennessee!
HH
http://www.youtube.com/watch?v=d27hPy38EyI
Windy Miller hits the cider after he realises what he’s just got involved with.
Bada bing greetin when he saw the Thai Tims.
So Whit ? weekly occurrence in the Vogue ,when
it’s his round.
Steinreignedsupreme.
Spot on. The orcs disappear like snow off a dyke when they aren’t winning.
Their current near capacity attendances are due mostly to organised and desperate loutish defiance, which will quickly subside when reality bites.
My dear,dear,dear,friend.. Googybhoy
Hiya ,pally?
Ah went tae the Post Office. Goat a Passport Form.. and
in Three Weeks.. a Goat Mine..
That wiz… let’s see…
Many,Many, Many.. Years Ago. so..
Frankly, Nooadays.. Ah hivnae a Clue , how long it wull take.but,Ah am Sure.. Dusty, wull be able tae get wan… P.D.Q.
Fur , they tell me that He Is an Inveterate.. “String Puller”
Dusty,has that Kinda Rep…Fur He is A Son of the South, (although.. Ah did hear that he wiz Born in ENGLAND…)
Hiv ye hoid of the Dixie Mafia?
No. Ah expect ye hivnae..
Well,the Dixie Mafia.. make the Cosa Nostra, look like Altar Boys!
Dusty,is a Perfect Fit, fur the G.A.
Kojo
yer pal..who likes ye aloater..
Still, Laughin’
Paul67
If rangers go newoc, what happens to their current sponsorship deals with JJB, Tennant’s etc????
Kojo on 4 May, 2012 at 17:38 said:
I was wondering as I sat and enjoyed the singing and dancing at Celtic Park last night if Celtic should extend an invite to Mr Miller to see what a well run club looks like?
Or would that encourage him?
monteblanco on 4 May, 2012 at 17:49 said:
Hahaha, classic Radio Clyde put down…
A wee Friday night song for the Oldco/Newco:
“Somebody that I used to know”
Got Ye
canamalar
What threats to Papac?
LEST WE FORGET:
Tainted Titles
1999
2000
2003
2005
2009
2010
2011
Corrupt Scottish Cups
1999
2000
2002
2003
2008
2009
Defiled League Cups
1999
2002
2003
2005
2008
2010
2011
(SPL years only, list is obviously longer…)
Celtic and its supporters taking a battering already on Snyde,,,all thanks to Laurie who says he is a Celtic fan,,,MMMmmmmm!!
Hail hail
Starry Plough
Youv’e just won a night out with Soozie McGuire
2nd prize was two nights out
TV Deal per annum: Romania’s top flight gets just over 28m. Hollands Erredivisie receives 100m. Poland has a deal of 34m. Portugal is 50m.
The SPL: 13m a year. Pathetic. Desperately pathetic. Romania gets more than double a league that has two of the world’s biggest clubs! These figures make you wonder why Scottish football revolves around the red herring of television cash. I know it is rising to an extra 3 million next season…but the question remains: has TV money improved Scottish football? Are we more competitive than we were in the 80s? Do we now produce better players?
TV cash is not the panacea the suits claim it to be
gerry on 4 May, 2012 at 18:01 said
If rangers go newoc, what happens to their current sponsorship deals with JJB, Tennant’s etc????
I was talking to my mates today about that very point.
Hope it would mean we could get out of that Tennents deal.
Feckin hate them on the hoops!
HH
/Bishop B
HT,
Just a guess at what’s in his future for walking away