News that a new company, “Glasgow Rangers Limited”, has been registered today with an address matching a waste management company in Buckinghamshire, has delicious irony but in itself means little. After Rangers owner, Craig Whyte, laid out all sorts of medium-term scenarios for the club in media interviews last week a land-rush for fresh rangers intellectual property, including a company name, should be expected.
If those with secured property rights over Ibrox are busy forming a new company, they are unlikely to be the only ones.
Still, waste management. It’s perfectly scripted.
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Further news from twitter:
@celticrumours Chances of buying Baba Diawara in Jan? Reports in Portuguese press this morning it will go ahead.
Árd Macha
There used tae be a Talking Bird in a pub that I frequented.
I had tae find anither pub, before I became demented.
Maks sense tae me.
Having read back on here, RTC and from Phil today, there is a strong smell of blood in the air.
Good. Long overdue.
Hope our board have been preparing for this.
Might make a cheeky we offer to the administrator, when appointed, for the ECWC replica (assuming it’s a given that they’ll own one), and get their name engraved out.
Nice wee champagne chalice – once it‘s been sterilised of course..
Evening fholks
Wee twitter update for yeese…
@celticrumours have retweeted (don’t ask) that Das Orcs have approached Price Waterhouse about entering administration. They gots 260k in the bank and 3M due in wages.
Basic arithmetic says…welcome to the bog pan
Also @RTC having a ball re Darnel King’s tax knowledge ineptitude.
MWD have dones your survey. I’m in the take yer punishment / tough titties
but for saturday…..
===============zaluska==============
matthews====mulgrew====rogne====m.wilson
mccourt=====kayal====ledley======commons
==========stokes===hooper=============
might switch kayal for ki
ledley for wanyama
james forrest for hooper
wanyama for hooper
all depends on how the game is going
HH
DB67
Ooops…. Take yer punishment camp.
Pesky touchscreen
ItaliaBhoy says:
25 October, 2011 at 19:53
Respected poster on RTC, Paulie Walnuts (bada bing!), saying that Huns have serious “football-industry” debts and that action is expected to be taken this week.
It’s not the mysterious Jelavic transfer, apparently… Lee Wallace?
———————————————————————————————————————————————————————–
Cannot wait for Mad Vlad blaming Rankers for his failure to pay his players.
SonsOfErin says:
25 October, 2011 at 20:06
I think the Football First creditor rule applies only in England (and HMRC are challenging it). HMRC’s “leverage” will come from being owed over 25% of the debt unless the total debt figure can be inflated to make their share below 25%.
Don’t ask me how the full debt could be inflated to over £200M – creative accounting – but Rangers are past masters at that.
SonsofErin,
Thats the one, they know they went in under the wrong umbrella, they no longer consider themselves creditors as they ave made no credit agreement, they are the law of the land and will be making this clear, any judge will be looking at this from a completely different argument.
Dwont know who is fit anymore for Celtic as changes every hour never mind week, but WE MUST get through to next round so 4-5-1 tomorrow for me. HH
reilly1926 says:
25 October, 2011 at 19:42
So you wouldn’t be happy with them going into administration and us winning by 9 points? I suppose you wouldn’t want any champagne then?!
In all seriousness I get where you’re coming from and it would be nice to win it simply by winning more points than them, but I won’t be complaining if it were to transpire from a 10 point deduction.
By the same token, it didn’t make it any less painful for us as Celtic fans losing leagues to them when they had the (yet to be confirmed) illegal financial structure to run their club during Advocaat’s days or the farcical refereeing decisions which helped them week after week during their current 3 in a row.
Nope, I would celebrate long into the night.
canamalar
You are losing me here, are you saying that the tax man will get nothing ?
We must play our strongest team tomorrow night. Despite recent performances, at the moment our aim and prize is still a treble.
Keep the dream alive Celtic.
Sonsoferin, canamalar.
The football creditors rule doesn’t apply in Scotland. Clubs etc aren’t preferential creditors here. There is no point in using England as an examPle of what will happen to them.
Auldheid…,
read those links earlier and what annoys me more than the sfa, is that Celtic appear to have agreed to some sort of deal to hold their tongue, instead of protecting their shareholders.
hamiltontim says:
25 October, 2011 at 20:20
and who do you thinkis our strongest team?
HH
DB67
pintaguinness says:
25 October, 2011 at 20:00
Aye I figured it was just a wee slip..just thought I’d pull you on it for the craic. :)
As regards what we discuss on here. I doubt very much it will make a difference to matters on the field if we are slagging off the board/players/Neil Lennon or discussing the potential demise of the tax dodgers. These things will run their course regardless.
Hail Hail
HT
The quadruple is still on mi amigo, but I would settle for a treble.
Sorry for your pain, take care and keep the faith.
The Honest Cover-up says:
25 October, 2011 at 20:18
I would celebrate their pain in administration more than I would our 9 point gap championship win over them.
Regarding the drinking of champagne ? Never refused a glass in my life – never will..
;-)
hamiltontim
I agree. A treble from the four compeititions we are in would do me.
:-)
Auldheid @ 20:14
Maybe they could reinstate the £108mill that Murray Sports used to ‘hold’ for them. I believe is’s ‘buried’ somewhere in Ireland at the moment.
Donegalbhoy
As things stand:-
Simpson
Craig Clark McNeil Gemmell
Johnstone Auld Murdoch Lennoxtown
Chalmers Wallace
THM,
so why would whyte manoeuvre himself into secured creditor position if there is no such thing as a preferred creditor ??
TET,
I’m saying, the taxman will be paid off in full before any creditors are paid, the taxman is not a creditor, has no credit agreement. The law of the land is if you want to operate a business then you must pay the taxes, taxes are not a line of credit.
MrZ, re Stilic and Sharbini, thanks for the info
SFFS
I have no idea what our strongest team is, as I believe it’s an outdated concept. Our strongest team isn’t necessarily our best players. It may be our fit players, but even then. And this explains why Ledley is played at left-back on Saturday – he’s more due a place in the team than ElKaddouri, but less so that Kayal and Ki. Our strongest team indeed consists of players who aren’t close to the first XI (M Wilson) but can’t include those who are out injured (K Wilson, Brown even). A long road around the short-cut of – start the team which started against Aberdeen (Dan for Glen) for as many games as possible from now on.
25 October 2011 Last updated at 18:51 Share this pageEmail Print Share this page
15ShareFacebookTwitter.Firms register with Companies House with ‘Rangers’ name
There is no evidence of a link between the new companies and the current management at Ibrox Continue reading the main story
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Two companies featuring the name Glasgow Rangers have been officially registered by a man based in Buckinghamshire.
Glasgow Rangers Football Club Limited and Glasgow Rangers Limited were registered with Companies House.
Their sole director is Gerard Moran. He has not responded to requests for further information.
The registrations show no evidence of a connection with the current management at the Ibrox club.
Rangers finances have been under scrutiny in recent months, with some speculation the club could be placed in administration by its main shareholder and creditor Craig Whyte.
Last week former director Donald McIntyre won his legal bid to have £300,000 of the club’s assets frozen pending a breach of contract case.
Rangers’ former chief executive Martin Bain has also had £480,000 of cash ring-fenced.
More than £2m of the club’s money is currently frozen in a separate tax dispute with HM Revenue and Customs.
Boys is Mr Whyte upto no good here ie does this debt disappear if 2 new businesses are opened and rangers name changed I’m lost but no doubt he is upto no good.
TET/Bloke
Sorry forgot about next years Tennent 6s.
Ok Celts the quintet(?) it is :)
TET
Really, really tough so thank you mate.
canamalar
No he won’t, he will have to wait in the Q.
This is scotland, a universe away from the english system.
Bloke…,
disagree on Ki, Ledley before Ki everytime, Celtic is no place for hide and seek champions.
hamiltontim says:
25 October, 2011 at 20:26
good team :-)
HH
DB67
Canamalar. I didn’t say that there was no preferred creditors, I said football creditors are not preferred in Scotland.
The rule is preferred/secured creditors like whyte are paid in full before normal creditors like hmrc, season ticket holders, Joe the plumber and then last in the list are the shareholders. Hmrc will probably get little of what they are owed but the corpse of rangers will be crushed for every last piece of blood. But then comes the Phoenix.
Gerard Moran?
Gerry Moran?
Jeez, they were non-plussed enough that Whyte’s middle name was “Thomas”.
Now Gerry?
I see the hidden hand of Timmy…
THM – fair enough, thanks for clearing that up.
However there remains the Lloyds/CW 18m which is a secured creditor and a risk to HMRC receiving their due in administration. They will seek to remove this status.
4-5-1 tomorow 4-4-2 on saturday
Donegalbhoy
Sorry for my facetiousness mate.
Bloke makes a really good point, it may be more about the most appropriate individuals for specific systems/games.
If fit then my team v Hibs would be:-
Forster
Matthews Mulgrew Dan El K
Ki Kayal Wanyama Ledley Forest
Stokes
TET,
what I’m saying is, when the taxman, makes his move and their status as a creditor is referred to court, he is not trying to be considered a secured creditor, he is HMRC the taxman, with no creditor responsibilities or status. A completely different set of rules will have to be ruled on. This will force the courts to make a new judgement which is part of the taxman’s strategy.
It doesnt matter if this case is made in scotland or england it will be a test case.
hamiltontim says:
25 October, 2011 at 20:26
that team will never win a thing.
Back 4 is rotten. Where’s Loovens, Dan etc.
Midfield is far too static. Not enough movement off the baw.
Up front that line couldny hit a barn door fae 3 inch’s.
And the goalkeeper. Never rated him. Too blood old tae.
MWD
Neil canamalar Lennon hunskelper extrordinaire says:
25 October, 2011 at 20:22
Auldheid…,
read those links earlier and what annoys me more than the sfa, is that Celtic appear to have agreed to some sort of deal to hold their tongue, instead of protecting their shareholders.
—————–i———–
It is possible that Rangers were economical with the truth of what they told the SFA. Celtic would have no way of knowing how Rangers proved to the SFA that there was no overdue tax as specified in the rules.