Football clubs tie themselves in knots sometimes. Newco Rangers fired off with an incorrect rant on the same club/new club debate yesterday, only to be told to withdraw it a couple of hours later – which they promptly did. Dundee United signed Charlie Telfer on a free contract and were due to pay Training Compensation to his previous club, for the player’s development from when he was 13-years-old.
Football operates a Training Compensation system whereby clubs signing players up to 23-years-old have to make a payment for the development of the player since they were 13. The payment is made in its entirety to the club which previously held the player’s registration. The receiving club is then obliged to pay any previous clubs for their portion of the player’s development.
Dundee United contested the rate at which they had to pay for Charlie Telfer, incorrectly, as it turned out. They did not contest that they were due to pay the entirety of Telfer’s development to the preceding club. No mechanism exists to forgive Training Compensation obligations in the event a preceding club no longer exist. Any monies due remain payable, ultimately to the club’s creditors.
Those at Newco who fired off the statement in haste yesterday will now consider that they have collected payment for services fulfilled by oldco. It is up to Rangers’ liquidators, BDO, to recover their portion of the money from Dundee United on behalf of creditors.
A condition which Newco signed up to, to gain membership of the SFA, was that they become responsible for all Rangers’ football financial obligations. This includes paying down Training Compensation, as well as the still-uncollected £250k fine levied by the Nimmo Smith Inquiry.
That £250k fine has become something of a football ‘football’. It is a football debt due to the SPL, which has since folded its liabilities and obligations onto the SPFL. The SPL was not in a position to enforce payment as newco never played top flight football, so the matter was parked until it became actionable. I don’t know the current position of the Nimmo Smith £250k debt but faux bravado can only encourage others to ask the question, “Where’s our £250k?”
CQN Annuals are shipping! If you pre-ordered it should be dropping through the letter box soon. You can order yours here in time for Christmas, or you can order an incredible Annual-DVD bundle here, two stocking fillers in one hit. Get ‘em while DVDs remain in stock!
Have you signed up for the bucket collection on Sunday? Hope to see you there. More importantly, if you only have four minutes to spare today, watch this video. It is out today and tells you what all the £1’s that go into your buckets do.
The whole ‘More than a club’ business takes life on the streets of Scotland, the schools of Africa and lots of places in between. You need to watch the video to find out how.
709 Comments- Pages:
- «
- 1
- ...
- 9
- 10
- 11
- 12
- 13
- 14
- 15
- 16
- 17
- 18
- 19
- »
Awe naw
I’m with you re this
It’s getting worse rather than better
So our possible opponents in Monday’s Europa League draw are :
Group winners : Fiorentina, Everton, Inter, Dynamo Moscow
Champs League seeded 3rds : Liverpool, Olympiakos, Ajax, Zenit St Petersburg
Plus 7 more Europa League group winners from tomorrow
We cannot draw Salzburg.
WEEFRA
Aye. Aye. And always an aye.
Cheers buddy. Hope you are well.
MWD said… go on have a guess? :-)
JM-Popped into the Kittoch on Saturday about 7pm,every table taken.HH
Lads it was the son’s bet. The first 3 in the line were done and dusted with about 5-6mins to go .When Porto scored in the 87th it was torture waiting for the final whistle
He’s promised me a few pints :-)
Gearoid, i never had a chance with her. Anton is a far better man than me.
Dario franchitti also watches our games there when in town. He would take his ex wife, ashley judd, with him to see the bhoys.
macanbheatha
Well done!
My cheer (last few minutes) was for 2 late goals for B. Munich @-2 and A. Bilbao @-1 for a 6 x team acca and £300 return – not worked out a few doubles/trebles yet (might add another ton). :-)
Moonbeams
Breithla Shona duit.
marrakesh express
I remember readin bout Real v.Eintracht final years ago.
Eintracht trod on deadclub 12-4 over 2 legs 6-1,6-3.
In no way as historic as our 7-1,
Celtic 7 rangers,(had to write it oot
lol)
:-)
hh
Bada – the power of the horse :) abbot ale quite good too hh thanks for that
macanbheatha oscar abú
Brilliant, well done to him. can’t get a coupon up for love and (feckin lots of!) money!!
HH
Porto done my treble…Man City & Bristol City …..rubbish
praecepta-well done HH
Dallas
Bigger the fool her ha.
Dempseys was a great bar to watch the matches ,as was the Parlour. Great Tic clubs operated out of both.
Saw the 1-1 against old Rangers when yogi scored equaliser St Patricks day 1996. Remember Sleekit wouldn’t refer to it as the St Pats day match. Kept calling it Mothering Sunday match in the build up. Bigot then, bigot now ,bigot forever. HH
An tearmann
I thought that Eintracht Frankfurt v Deidclub tie was at Wimbledon.
Embramike
Any of the Scouse teams would make my season.
Warsaw here we come!
macanbheatha oscar abú
21:41 on 10 December, 2014
Superb coupon.
Macanbheatha .
Well done to your buachail. Praecepta great. Love to see the bookies getting chinned.
tonydonnelly67
19:21 on
10 December, 2014
Charlie Miller is as thick as sheet in the neck of a perfume bottle.
*Did he no used tae be a Chateau Lait Tim Macaroni
Mad Max Fury Road, a story about a plucky football club in the barren wasteland of North Briton.
Hail Hail.
bhoylo83
20:28 on 10 December, 2014
If you get in touch closer the time I might be able to sort you with tickets for Dens Park.
MWD
Many happy returns y’an oul bugger, I hope you’ve had a great day mate.
!!Bada Bing!!
All to win; Schalke
A. Bilbao/ Ajax/ Barca/ Chelski @-1
B. Munich @-2
Had similar 2nd line but with Schalke @-1 and Ajax @-2 and it would have paid £500+ unfortunately the late A.B & B.M. goals gave me no chance to cash-out.
Can’t complain though!
What’s the story about Dundee untied buying a Australian club Newcastle jets.
Moonbeams WD.
Many happy returns.May I add my upmost respect for your cycling efforts at the weekend. You are obviously more fit than you look ;-))
Hope RD has taped Gary Neville,s advice tonight about how to set up teams in Europe……midfield is everything. Kill space.
Champs League seeded 3rds : Liverpool, Olympiakos, Ajax, Zenit St Petersburg
… if based on coefficients, but
Champs League seeded 3rds : Athletic Bilbao, Olympiakos, Sporting CP, Zenit St Petersburg
… if based on group performances …
UEFA regulations ambiguous ?
The 12 UEFA Europa League group-winners and the 4 best (?) third-ranked teams in the UEFA Champions League group stage are drawn against the 12 UEFA Europa League group runners-up and the remaining third-ranked teams in the UEFA Champions League group stage
Tontine tim
His uncles took him to CP as a kid and I’m pretty sure he went to Maggies, my old school. I’ve spoke to him a couple of times, the guy’s ok Think he was easily lead by Gazza and 5 bellies. Good player.
(Td67 will be catching up with Corrie.)
Was in a pub in Houston when Charlie & Sally were playing at Doomdome. They both came in and my mood changed. McCoist’s patter was cringeworthy. Miller’s moronic behaviour jailworthy. Made my excuses and left quickly.
Pfayr
Pleased to read your finally getting it. If I live to be a thousand, I will never get, How a governing body of a sport. Bend all the rules to allow the cheats to continue in the sport. As I have admitted on here after over 50 years following the bhoys at home and all over Europe., I find I cannot support a corrupt setup. But it Doesn’t take celtic out of me.
Plenty on here Accept it, rather than not see the bhoys, fair play to them, my decision has left a huge void in my life. But had every straight club in Scotland demanded the rules be adhered too, they would have been gone. Had every straight club in Scotland questioned the peopLe who allowed the rules to be bent then those people would have been gone. And Btw £10 million loss because we don’t play them, sounds like, blue nose accounting to me. Pull the plug on them and give Scottish football back it’s dignity. Rant over.
http://www.bbc.co.uk/sport/0/football/30318050
bbc on zagreb
qualified or not, we could do with a win tomorrow against a poor team
Has the SECRET 5-way agreement ever appeared on here? It would be good to see it’s it is at the heart pall this nonsense.
Jimtim@21.35
Felons is directly facing Kennedy Centre on Andersonstown Rd. If you get my email from p67
I could pick you up. Alternatively if your in a City Centre hotel shouldn’t be a problem getting a taxi.
You could keep me posted through here.
Match is on BT Sport I Think k.o 18.00
HH
Gearoid, sally is a runt, a fat, horribile, lying, conniving, deceitful, manipulative, greedy, money grabbing , hypocritical, one at that.
Fatso wasn’t alone to call it mothering sunday, the mullet was another. Jackie was sent off for clattering ssb’ s latest intellectual giant, charlie miller.
Just for a change Celtic will end up in Lisbon
Macbeatha
Very well done! Congratulations to your son. Think best leaving fixed odds to the lads. Shuggy jr had 6fold up at 14s and I stuck £1 on it. My bet was nowhere, but enough to cover Saturday bets. Enjoy your pint.
HH
embramike
Not sure how UEFA interpret this but if it goes by the way they calculate the CL Group Stages final positions then it goes down to; head-to-head, GD and then seeding.
On that basis – 4 best should be decided by their actual Group performances??
Clear-as-mud-CSC!
JM
My son’s mate flew to Croatia today. A big £500 Hail Hail to all the Bhoys flying out to support us in a dead rubber. Keep Safe and Support Celtic!