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The final curtain but what next?

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By on CQN BLOG & Comments

In what increasingly looks like a facsimile of updates on the defence of Bagdad in 2003, Duff and Phelps continue to accentuate the positives about the potential bidders for Rangers Football Club or its assets but the charade is finally running out of acts.

This afternoon’s withdrawal of interest by the Blue Knight (singular), Paul Murray, the accountant who was a director of Rangers during the hugely controversial EBT years, and Brian Kennedy, should allow minds to focus on the most important question, what next?

Here’s a prediction for you:

Rangers Football Club will play their last game on Sunday 13 May 2012.  One day next week, possibly even before the appeal against the SFA Disciplinary Tribunal punishment, one, or perhaps more, of the prominent players who have been jockeying for position recently will commence proceedings to buy a club in the Scottish Football League, or form a new club, ask for permission to play at Airdrie or Paisley, and apply for SFA membership.  If membership is granted, an application will be lodged to join the Scottish Football League as soon as a vacancy becomes available.

In time Craig Whyte will sell or otherwise lose control of Ibrox Stadium, and if it is still in an operable condition, the football team hoping to profit from the demise of Rangers will look to acquire rights to play there.

You have witnessed an incredible period of Scottish social history in recent months.

You can buy a hard copy of the new issue of CQN Magazine via Magcloud here.

The graphic below is just for a flick through, to read the magazine go here to it’s dedicated site.

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  1. The Lizard King on

    Sneddoni on 11 May, 2012 at 15:29 said:

     

     

    It is an interesting perspective and I hadn’t thought of it like that. The SPL stadium criteria have changed over the years. When Falkirk wanted promotion in 2003 the bar was very high and required a 10k stadium. A 10k seated stadium it far too big for the vast majority of Scottish clubs and expecting the smaller ones to build up to that spec was unreasonable. The Falkirk Stadium they ended up with had around 6k seats (now 9k) with the ability to put temporary seating in or build new seating if the need arose. Basically we’d got the criteria wrong and it has subsequently been amended down to 6k seats for the SPL which is more achievable for smaller clubs with crowds in the SFL of 2-4k.

     

     

    Now I can’t work out who was where with their stadia in 2003 but I suspect there were other clubs in the First Division in 2003 that would not have met the criteria like QoS, Alloa, Arbroath.

     

     

    I am not so sure Falkirk gained an unfair advantage – it was a matter of timing – they knew they needed to build a SPL compliant stadium and they were in the process of doing that – the old ground had been sold, the new site had been secured and plans were in place with contracts with the Council and builders to commence the build. They moved into the Falkirk Stadium for the start of the 2004-5 season. Should Celtic have been banned from winning anything during the Hampden year because we spent money on players and not a new stadium?

     

     

    http://en.wikipedia.org/wiki/Falkirk_Stadium

     

     

    HH

     

     

    TLK

  8. ASonOfDan on

    Blue Knights withdraw from Press Conference as Andy Cameron pulled out at the last minute.

     

     

    Waiting on the Krankies to arrive and stand in…

  11. DeniaBhoy on

    Kennedy had Smith and Souness lined up to run the football side of the board :)

  12. midfield maestro on

    Thomas Rogne sitting across from me at Central station, where is he heading?

  20. scotlands shame on

    The Lizard King on 11 May, 2012 at 15:21 said:

     

    Sneddoni on 11 May, 2012 at 14:51 said:

     

     

    Falkirk had sold Brockville to Tesco

     

     

    pedantic fc – it was to Morrisons – great fish counter!!!

  27. deliasmith on

    This is long, sorry.

     

     

    Here’s an edited set of passages from the SFA “Note of Reasons” explaining why the bar on registration was imposed. It seems to reflect badly on Rangers’ solicitor and, no surprise this, Duff and Phelps. It also carries the clear implication that if Rangers plead poverty but pay the fine, the ban may be lifted.

     

    It concludes with a strong slap in the faceof everyone who has tried topresent angers as innocent victims.

     

    Everyone should read the full document if only to see how truly wretched can be a working life in a failing company headed by a succession of very bad men.

     

     

    http://www.scribd.com/doc/93212354/SFA-Rangers-Note-of-Reasons

     

     

     

    It was matter of note by the Tribunal that despite an adjournment being granted to the Parties specifically to prepare submissions in mitigation of sanction … the solicitor for Rangers FC did not address the Tribunal in any respect in relation to the current financial circumstances of Rangers FC … no information was placed before the Tribunal by its representatives ( who incidentally throughout the six days of the hearing included Mr Simon Shipperlee of the Administrators Duff and Phelps who attended every session in full) as to the current financial circumstances of Rangers FC. … In the absence of information as to the financial circumstances of Rangers FC (which on any view would be a vital element in the determination of a suitable sanction) the Tribunal was left to glean and infer matters from the scarce information which it had heard in the Tribunal hearing bearing upon the financial affairs of Rangers FC

     

     

    … the wages and salaries and other taxes of Rangers FC gave rise to tax payment obligations of between £1,000,000 and £1,200,000 per month, and even the most generous rough calculation might suggest this meant that wages and salaries of twice that sum were paid by Rangers FC each month.

     

    The Tribunal could not engage in speculation as to the outcome of “the Big Tax Case” as it had no knowledge of it. … In respect that the maximum fines which could be imposed by the Tribunal were limited to £160,000, which appears but a small fraction of an ordinary month’s expenditure for Rangers FC, it appeared to the Tribunal that the circumstances of Rangers FC were not going to be significantly affected by any fine which the Tribunal could impose …

     

     

    The Tribunal took into account … the extent to which Rangers FC through its directors had been apparently misled and deceived by Mr Craig Whyte. Against that … a number of individual directors and employees must have known that what was happening within Rangers FC was entirely wrong and illegitimate but they chose to do nothing to bring it to the attention of the public. That may be matter for their long term reflection but it does reduce the mitigatory impact of the suggestion that Rangers FC were innocent victims.

  29. ulysses mcghee on

    Here’s what you could have won.

     

     

    Innnnnnnnnnnnnn One – Graeme Souness

     

    Innnnnnnnnnnnnn Two – Gordon Smith

     

    Innnnnnnnnnnnnn Three – Paul Murray

     

    Innnnnnnnnnnnnn Four – somebody else brilliant probably

     

     

    Take em away Bully – Wap wap wah…

     

     

    U

  30. My boss is Peter Principle on

    feedthebhear on 11 May, 2012 at 16:12 said:

     

    Kennedy bid total 11m, dependant on euro success, gordon McKay role to play, smith n sourness to run football

     

     

    What about Super swally, did they find a place for him?

  31. Kittoch on

    Mccoist’s Freudian slip, “I hope we get a fair healing, eh hearing”

     

     

    Ally you were right the first time, it’s a healing you need more

  32. collie2 on

    Tiny Tim

     

     

    Kojo,has passed the Test,

     

    It’s noo in God’s Hands tae

     

    dae the Rest.

     

    Kojo’s doing fine so Faur,

     

    Soon He’ll be back an’ up tae Par.

     

     

    He sends his love tae awe his Mates,

     

    including those Folks, he irritates.

     

     

    collie

     

    Tail’s Awaggain’. Awaggin’

  33. The Lizard King on

    scotlands shame on 11 May, 2012 at 16:13 said:

     

     

    thanks mate- I should have known that for reasons i cannot go into on here!!!

     

     

    By the way – in’t it great- you can have a new monikor soon, unless you want to preserve the history of an extinct entity!!!

     

     

    HH

     

     

    TLK

  34. 67Heaven ... I am Neil Lennon..!!..Truth and Justice will always prevail on

    Just read ranker,s media there …… They’re using the word I introduced to CQN …..FUD. LOL. He must have been lurking on here to find out the TRUTH …….more LOL

  37. DeniaBhoy on

    Brian Kennedy says the great institution is at death’s door and that if their lawyers were not in Ibrox at 9.00am tomorrow there is no way they can be out of administration for start of next season.

  38. estorilbhoy on

    Quote from AT latest blog –

     

     

    For anybody requiring this last bit in black and white – if anybody at Ibrox dares to whine that it’s wrong to blame Rangers FC for Craig Whyte’s craziness – they should be ashamed. Are you listening, Ally McCoist?

     

     

     He engaged in a disingenuous correspondence in which he claimed to be anxious to put his case to the tribunal face to face but had singularly failed to do so, citing safety issues. This was the same man who was regularly spotted in public in Scotland and elsewhere. 

     

     

     He engaged in a campaign of derogatory, ill founded and ill judged criticism of the integrity of the Judicial Panel Protocol, its members and the Scottish FA itself. He alleged bias and a lack of fairness.

     

     

     The tribunal could come to no other conclusion that his conduct was scandalous and disgraceful and in each case represented a contempt of the proceedings of the most serious kind.

  41. jimmci on

    Hun press conference hilarious. Kennedy is solely looking to big himself up.

     

    Offer of M£5.5…accepts that debtors of M£3 could be argued to offset the moneys owed by them of similar balue but he then magis the dela to be worth M£11. Where did the M£6 come from?

     

    Kennedy then goes on to basically say that D&P has better have got this right in the classic big bully manner.

     

    Sheer self publicity; no more, no less.

  42. jimmci on

    Have never heard a so-called Hibs fan so passionate about wanting to own the huns!

     

    Hibs fan my arse!

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