On Saturday my mind wandered, as it does, to the demise of Gretna in 2008. The village team were bankrolled through the Scottish league system until promotion to the SPL in 2007 but then the cash ran out. The club went into liquidation a few weeks from the end of the season but while most of the first team squad were made redundant, a few remained on a week-to-week basis to see out the remaining league programme, assisted considerably by the SPL and Livingston FC, who made their ground available.
Should Rangers fail around the same time, I thought, how apt it would be for us to meet them in the Scottish Cup final. We would be there at the end to wave goodbye to a unique institution. Witnesses to the final whistle on a club with an enormously controversial history.
Unfortunately, my hopes were dashed by Dundee United at Ibrox yesterday, who Flushed Away the opposition and won their first game against an SPL team in 2012. We will have to scramble for tickets for the prospective event at another venue.
United seem set to try their hardest to spoil my enjoyment of the Cup. Our quarter final draw against them next month will be one of the toughest games of the season.
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Scenario for you. Please feel free to pick holes in it.
Say Whyte hasn’t been siphoning the cash into a Swiss Bank Account of his choosing. Or rather, say he has. Say he has built up his own little warchest. Say it’s very high by now. Say it’s enough to pay off HMRC in the result of a negative verdict.
What does that leave? Whyte running the club, without the biggest debt. What’s to stop him then going into administration, in an effort to eliminate the Ticketus debt? Rangers fans would certainly not hold that against him. Is it possible he’s building such a wedge in order to get HMRC off his back?
Could it be he has a plan after all?
James Forrest is The Emperor of Ice Cream says:
6 February, 2012 at 23:57
A 50 million pound warchest in less than a year, if he has chapeau…doubt it though!!
The old rangers board are pulling the strings at the record, and possibly the BBC. Smith and Johnston both chose the BBC to air opinions recently, within the past wek actually.
We have the Sun being pro Whyte ( or anti record, take your pick). Three major players doing battle over the soul of Rangers. If it had one, that is.
The scenario seems to me to be thus;
Old board campaign will remove whyte ( led by record and BBC)
New takeover will go through, funded by the failed bid team (Paul Murray et al)
Year zero, clear the debt events will happen to allow a springboard for a stronger playing staff
Somewhere, a wealthy Hun will put down the leg bone of the boiled goat he has been gnawing on, and throw money to ‘ra bears’. He might get his pals to do the same. they might even sell shares, cause this time, the proles will bite.
Too much thinking, time for bed.
Let’s leave Craig whyte alone. He’s doing OK.
anyone have a link to the newsnight whyte knight tonite???
poetryinmotioncsc
HH
Ceaser67 says:
6 February, 2012 at 23:51
e l
‘Sympathy?? You’re on your own there son!!’
When I see stuff like this
http://www.chateauroutas.com/
the class warrior in me arouses something approaching sympathy for the poor halfwits in their support who have been shafted royally by their lords and masters. Some poor scrote who is going to lose the £400 he has scrimped and saved to scratch together to get some kind of enjoyment in his otherwise bleak existence while bastards like Murray and Whyte live a charmed life.
I just hope that when they finally realise what has happened they go after the people who have shafted them.
Cultsbhoy
In these many years the reading your many posts, I am now minded that the Daily Mail Dacre fellow his creepy testimony in front the Levenson inquiry exhibits still the same low standards of word smut management the average hun phony poster on any platform.
typographicalbullshit.csc
HH
ernie lynch
Sorry if I didn’t express it clearly. My reading – Section 14 does indeed deal with a club going bust, but the general vote is on its expulsion. The admittance of any Newco is dealt with by the Board as per Section 11.
ernie lynch says:
7 February, 2012 at 00:02
I see the double agent has put his neb in as well
billy davies reckons “ally needs a break”. Back stabbin wee thug!!! Wondered why he was up here??!! Back stabbin wee thug!!
Ides of March.
Stringer Bell says:
7 February, 2012 at 00:01
All members of the old board are disqualiifed under the SFA Fit and Proper person criteria as they were directors of a member club in the previous 5 years preceding an inslovency event. Even the SFA should notice that one!
e l
Ill go with that. But sympathy no chance!! I’ve experianced their rath and violence first hand.
southbhoy
You missed nowt!!
up_over_goal says:
7 February, 2012 at 00:06
A club isn’t expelled if it goes bust. It no longer exists. It has ceased to be etc etc.
The article deals with what happens to the defunct club’s share.
Like most of you yesterday I very much enjoyed the United performance at Ibrox. Then strangely I started wanting a Rangers comeback because I thought where would I rather go in the quarter Final – Ibrox or Tannadice.
Anyone who followed Celtic in the eighties will tell you how difficult it was to get a win at Tannadice while at Ibrox they were 10 a penny.
So when I heard the draw today I thought typical. However who whould have been most disappointed?
Celtic and United will share under £0.5m but just think how much Celtic and Rangers would have shared had they met in the QF.
Gate receipts of £2m + TV money + corporate for the home team. Imagine what a hard p club could’ve done with that little windfall.
Nevermind not to be at least you will now only suffer one Celtic victory at Ibrox in March.
Just think what a nice Poor old rangers and c Whyte could b
God bless Fergus McCann..
Fergus if you are lurking tonight
Thank you..
Rancho
you are a dobber…of the 1st order – hope tat is clear enough for you.
James Forrest
Hmmm….
TootingTim:
Feasible, you reckon?
Thought NL had instructed his players from making any claims about games ahead
then I read young Mathews is saying that we can get to the end of the season without losing a match
that may well be the case but Rogne last week took the best approach and played everything down
Think Neil will have to have another word
James F
slight flaw in your theory..ticketus will have secured their loan not only against next 4 years season tickets sale but also against something more concrete – Ibrox, Murray Park, etc…
I don’t see them being duped by MBT
Sorry lads , slightly off topic but oh well…..
Adieu my friends, in Dublin Town
I bid you all adieu;
I cannot yet appoint the day
When I’ll return to you.
I write these lines aboard a ship
Where stormy billows roar,
May the heavens save our Fenian boys
Till I return on shore.
Let no one blame the turnkey
Or any of his men,
There’s no one knows but the two of us
THe man that stood my friend.
I robbed no man, I shed no blood,
Though they sent me to jail,
Because I was O’Donovan Rossa,
A son to Granuawale.
I joined the Fenian Brotherhood
In the year of Sixty Four,
Bound to save my native land
Or perish on the shore.
My friends and me we did agree
Our native land to save,
And plant the flag of Freedom
At the head of Emmet’s grave.
My curse attend the traitors false
Who did our cause betray,
I would tie a millstone round their necks
And drown them in the sea.
There is Nagle, Noone, O’Brien
And Power to make four
Like demons for their conduct
In hell they loudly roar.
There’s O’Leary and young Mackey
And the brave O’Donovan Ross,
It grieved me for to part with them
When I left Harld’s Cross;
But if he lives and prospers, boys,
The truth he does declare,
Like O’Mahony in America
The green flag he must wear.
Cheer up my gallant Fenian men
The day is not far away,
When our Fenian boys the flag will raise
And trample tyranny.
Our gallant sons beyond the seas
Will join in unity;
And we will raise the flag of freedom
And fight for liberty.
TAL
James Forrest is The Emperor of Ice Cream says:
6 February, 2012 at 23:57
Again James what money from where, from the thriving business that is RFC??
starry:
The money from Ticketus. The other accumulated cash that’s nowhere to be seen on the pitch. Last year’s season tickets. The money saved by not paying bills as they coe due. Transfer fees recieved. You know what I mean. Any income.
Could it ALL be getting shunted aside for settling the tax debt, leaving them only Ticketus and Azure to get rid of?
James
Given Whtye’s previous businesses and dealing with HMRC and being in court every 5 minutes for not paying even the smallest of bills, there is more chance of jelly and ice cream being on the next Ibrokes corporate bun fest and skintydome.
Good alternate theory tho.
James Forrest is The Emperor of Ice Cream says:
7 February, 2012 at 00:48
Could be James could be, then again that is not strictly legal is it, to say we’ve no cash and then suddenly say we’ve got the cash.. my gut feeling is they are a busted flush as someone has over played their hand..
You can fool some of the people etc etc etc..
SP
Night bhoys.
The worse them’s prediciment becomes the better the posts, keep it up.
An education as always.
Take care and god bless
THE EXILED TIM says:
7 February, 2012 at 00:57
Vaya con dios Amigo..
Dead and Loving it
Adam never said anything of the sort.
He said we were taking one game at a time, I saw his interview, if the LL have said that they are doing what they do best, and that is printing lies.
SP
Sleeping as I am typinggggggggggg.
Muchas Gracious mi amigo
starry:
Not strictly legal how?
James Forrest is The Emperor of Ice Cream says:
7 February, 2012 at 01:07
James I’m no legal expert but just from reading on here and other quality sites I would understand that if you tell people that you can’t pay them and suddenly you come up with the idea we are going to start a neuvo rangers wouldn’t those people be a bit pissed and asking where did the money come from..
I blame Tooting Tim as he tuned me into the Wire..
Lester Freamon thinking follow the money what’s left of it…
SP
CultsBhoy
Does Mr Whyte definitely own Ibrox (maybe) or Murray Park (not so sure).
Their accounts will clear these little issues up. They will be signed off sometime soon.
13th page podium
Good evening CQN
Damn you Starry & Kevtic…
hh
bjmac
What was the craic with BBC Newsnight. Did the story get pulled? If that was it why did they even mention it? 2 minutes of old news of no interest.
I wonder if the MBB enjoys wearing hand cuffs…..what an interesting Newsnight Scotland.
hh
bjmac
Starry:
I’m not suggesting a NewCo. If he can pay off HMRC there’s no need for things to get that far. Rangers could survive.
Can he be constructing a safety net which allows them to repay the government and then renegotiate the deal with Ticketus or threaten to file for administration?
There are no proceedings against Rangers at present for non-payment of bills, and all the rest is conjecture. I am asking, could it be done?
Could Rangers emerge from this actually having paid the HRMC debt and in a position to deal with the rest?
James Forrest is The Emperor of Ice Cream says:
7 February, 2012 at 01:22
Could he I don’t know, again I seriously doubt it, I guess the old boy of hundom didn’t expect it to go this way and to see the saviour’s criminal past thrown in to the public areana..
There are no proceedings against Rangers, really none, I thought everybody and their wee devil dug were after the huns..
SP