The Rangers Saga and Fallout Thread

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McRod said:
Youre correct, however what a great many other people fail to see (or rather turn a blind eye to) is these sanctions prevent Rangers getting back on their feet.

When Rangers get back on their feet, we start adressing the debt. Until then, we cannot.

So what is it? Do you want us to remain on our knees with ott sanctions or service the debt? We can`t effectively do both.
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When the CVA goes though there will be no debt to service. Rangers will have walked away from most of it (legally)

As I pointed out earlier it doesn't sound like you understand what a CVA is.


McRod said:
It occurs to me that these poor outraged taxpayers would rather see Rangers gone forever than any money being recovered to the HMRC through a CVA.

The mask of an "outraged tax player" slowly slips to reveal the froth mouthed bile from your average Rangers hater who`s rational thought process is clouded by either years of sporting jealousy or inherited bigotry.

They would much rather prolong the pain and suffering of the innocent Rangers fan than see one single pound repaid to the treasury.

This is the general census among the vast majority of innocent Rangers fans who, as i`ve said before, pay their money on time, week in week out, for tickets, merchandise, away tickets, programs etc etc.

It is also the main reason for organising boycotts of grounds where the frothing at the mouth is most prevalent.
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I could see your point if it was just Celtic fans up in arms. The thing is, it isn't just Celtic fans. I have not heard anything from a fan of any club in the country in support of Rangers on this. Every single person I know believes that Rangers need to be punished.

Do you really think the whole world is pursuing some sort of vendetta?
 
CVA

I just wanted to explain clearly for McRod and others what a CVA is.

This is where a company agrees to pay a portion of it debts to its creditors. The portion left over is wiped away and the company continues.

Each creditor is allowed to vote on the CVA with a number of votes proportional to its debt.

For example if Rangers had a total debt of £100m and HMRC were owed 80% of that money they HMRC would have 80% of the vote.

The Rangers CVA proposal as I understand it is for £8.5m to be paid to creditors. The creditors will vote on whether to accept that or not. They will gauge whether they would receive more money from liquidating the club.

If the creditors accept the £8.5m then the club exits the CVA debt free. The £91.5m in this example is simply written off.
 
doopydug said:
Rangers fans ACTUALLY do - you see it n their forums / banners at football matches all the time :D

"Everybody hates us, we don't care - we are the people !!!"
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How dare you tar them all with one brush, your frothy mouthed bile is revealed as your mask slips!

:p
 
Kennysevenfold said:
And celtic fans don't?
Lennon crying to the sfa, ITS A CONSPIRACY, THE REF'S ARE ALL OUT TO GET ME. :rolleyes: Get yer dummy back in.
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You do know that just because someone criticises Rangers it doesn't make them a Celtic fan?

Oh, can you change you sig please as it is inaccurate. With the CVA Rangers are in fact going to do quite a lot of walking away.
 
McRod is hilarious, got tears in my eyes after coming back from holiday to see the breakdown he's had.

"Rangers are Scottish football" its quotes like this that makes me delighted to see your club in turmoil.

Going to the third would be great for everyone, your team adds 1500 to our home support since it keeps away a bunch of home fans, my club is financially secure and I have no worries whatsoever if Rangers are liquidated, with or without a TV deal, my club will survive, not only survive, but thrive. You also said Dundee United would go under, nonsense, if Rangers are demoted this year, Dundee would replace them which would give them bigger crowds than when Rangers visit tannadice.

Not unusually, Rangers fans dont get it - "its not our fault, we shouldnt be punished" - wrong wrong and wrong again.
 
I have to say the posting by many Rangers across Rangers forums is a fantastic source of comedy gold.

Paranoia, xenophobia, bigoted, the lot. Anyone who disagrees with their paranoia and delusion are part of a papal consipirancy apparently.

I did feel sorry for Sally at the start but given the conduct of fans in this time I hope Rangers get punished.
 
There was a hilarious post on Rangers Media forum the other day where they were comparing themselves to Jews during WW2 and the suffragettes.

Actually a quick poll, one of the biggest threats Rangers fans are suggesting is boycotting your club, as a fan of other SPL clubs, would this make you more or less likely to goto those games?

I at the moment have not renewed my season ticket, I wont until I know about the Newco if it happens, if Rangers are dealt with reasonably and fairly, then Ill renew, but I know it will cost me extra as the deadline in the day of the meeting, if Rangers are allowed back in to the SPL as a newco I wont renew my ticket and will refrain from games with them in it, It may be enough to keep me away from Scottish football altogether, I just hope our clubs vote correctly.
 
spudbynight said:
You do know that just because someone criticises Rangers it doesn't make them a Celtic fan?

Oh, can you change you sig please as it is inaccurate. With the CVA Rangers are in fact going to do quite a lot of walking away.
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Explain where i stated he was a celtic fan? :confused:
You wish ;)
doopydug said:
I didn't say celtic fans didn't - what made you think that?

Gosh paranoia now :cool:
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Just simply stating the fact, Paranoia? pot, kettle?
 
The minutes of a recent fan meeting stated they wanted to be out of administration by the 4th August as any new punishment from the SPL would then apply. If we have the six week waiting period for the CVA to go through won't that cut things very close and if rejected what would that mean when Green goes for the newco?

Wouldn't there also be uncertainty over the fixture list since no-one knows what state the club will be in?
 
Metalface Mark said:
McRod is hilarious, got tears in my eyes after coming back from holiday to see the breakdown he's had.

"Rangers are Scottish football" its quotes like this that makes me delighted to see your club in turmoil.

Going to the third would be great for everyone, your team adds 1500 to our home support since it keeps away a bunch of home fans, my club is financially secure and I have no worries whatsoever if Rangers are liquidated, with or without a TV deal, my club will survive, not only survive, but thrive. You also said Dundee United would go under, nonsense, if Rangers are demoted this year, Dundee would replace them which would give them bigger crowds than when Rangers visit tannadice.

Not unusually, Rangers fans dont get it - "its not our fault, we shouldnt be punished" - wrong wrong and wrong again.
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It`s commendable that St Mirren are solvent but that "we're alright jack" attitude won't help address the debt of the other struggling spl clubs.

St Mirren arer hardly going to sell out grounds. Unless you get to the odd cup final when the glory hunters among you come out the closet. :D
 
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