The Rangers Saga and Fallout Thread

[jas72]

it doesn't matter what its caused by, it is a known fact without rangers, levels of sectarianism would fall.

basically like two numpties who love to fight every day, remove one of them and guess what the other numpty has nobody to fight with now.

This is not a known fact it's only your opinion.

I think this is heading for Liquidation, Whyte has managed to appoint his frends in administration? Are we going to see audited accounts appearing?

Where did the 24.5 million ticketus money go? where did the 6 million Jelavic money go? What about the 15 million he had to show he had when buying the club? Where is the 9 million that he took from the players PAYE?

The club reportedly loses ANNUALLY 10 million a year. Yet in 9 months we seem to have run up 9 million in tax debt alone despite reports of nearly 39 million in missing funds? Something stinks, and I worry that we won't find out what until the final books are released when the gates are padalocked

 

[Gav]

it doesn't matter what its caused by, it is a known fact without rangers, levels of sectarianism would fall.

basically like two numpties who love to fight every day, remove one of them and guess what the other numpty has nobody to fight with now.

Known by who? You? Your mates down the pub?

Even if Rangers were to disappear off the face of the earth... It would still exist at the same level. The bigots aren't going to change their views overnight. In my opinion they will simply spout their rubbish at someone else. Probably Hearts..

 

[Tombstone]

They wern't back then..

Shearer, Sutton, Flowers, Hendry amongst others. Great side.

And Kenny Dalglish was their manager

 

[Neutralmilk]

People posting on Twitter that Celtic have met with Aberdeen, Dundee United and Hibs who will all vote against Rangers being allowed stright back in to the SPL with a new name if they go completely bust.

 

[jamesy505]

This is not a known fact it's only your opinion.

I think this is heading for Liquidation, Whyte has managed to appoint his frends in administration? Are we going to see audited accounts appearing?

Where did the 24.5 million ticketus money go? where did the 6 million Jelavic money go? What about the 15 million he had to show he had when buying the club? Where is the 9 million that he took from the players PAYE?

The club reportedly loses ANNUALLY 10 million a year. Yet in 9 months we seem to have run up 9 million in tax debt alone despite reports of nearly 39 million in missing funds? Something stinks, and I worry that we won't find out what until the final books are released when the gates are padalocked

I reckon all that money has been syphoned off to one of Whytes companies so if\when Rangers have immorally fleeced their creditors, he'll be able to finance the new team.

 

[div0]

Assuming Rangers did go bust and the SPL insisted they had to start from the bottom - I wonder if they'd instead be tempted to apply to join the bottom of the English leagues?

 

[jamesy505]

Assuming Rangers did go bust and the SPL insisted they had to start from the bottom - I wonder if they'd instead be tempted to apply to join the bottom of the English leagues?

Is there actually a way to do that? Considering they are based in Scotland (well currently)?

Thought that was one of the reasons UEFA\FIFA wouldnt allow the Old Firm to move south

 

[shine]

Is there actually a way to do that? Considering they are based in Scotland (well currently)?

Thought that was one of the reasons UEFA\FIFA wouldnt allow the Old Firm to move south

An existing club moving probably has many barriers. It might be easier for a new club to do it though. Google doesn't up much information though.

 

[Derek W]

Is there actually a way to do that? Considering they are based in Scotland (well currently)?

Thought that was one of the reasons UEFA\FIFA wouldnt allow the Old Firm to move south

Swansea, Cardiff....those fine English teams Gretna started in the English Non League but they went into the Scottish leagues till they went down the swanny as well.

 

[spudbynight]

Swansea, Cardiff....those fine English teams Gretna started in the English Non League but they went into the Scottish leagues till they went down the swanny as well.

When Swansea, Cardiff, Wrexham etc joined the English leagues there were no leagues in Wales.

 

[jas72]

They'd have to start in non league 7 or something No rangers fan would be happy with that.

 

[Tummy]

Meh this has been coming for Rangers.

 

[div0]

They'd have to start in non league 7 or something No rangers fan would be happy with that.

Is that fact, or just a comment?

Wouldn't that be like saying they'd have to join the Scottish non-leagues, rather than going straight into Div 3?

Not saying you're wrong, just wondering if you know for sure, or not.

Either way, I've not heard anyone mention that it is even being considered, it was just something that crossed my mind, seeing as both of the Old Firm have previously talked about playing in England. The major barrier at the time being that they wanted to go straight into the Prem.

If they are forced to start from the bottom of the Scottish Leagues, then starting from the bottom of the English leagues would potentially be more attractive in the long run (albeit maybe not feasible).

 

[233]

rangers administrators about to start a press conference.

 

[233]

quick round up

boring crap so far Paul clark describing duff and phelps so far

states that craig whyte is not connected to MCR or duff and phelps
first dealing with whyte was whyte was planning his takeover
states acting as officers of the court- statuary duty to act for stakeholders and debtors
Paul Clark paying tribute to players, staff and supporters

cant comment on financial transactions or discuss anything relating to finances at this time, will be published in due course, and will report on directors conduct which will be forwarded to bloke of state for buisiness

Saturdays match to go ahead
next week before any decisions on staffing
players will be paid as normal and in Full for february.




hoping to put a cva arrangment in place for all liabilities including hmrc thats still not confirmed yet
liquidation very unlikely for club
expressions of interest recieved for club from numerous parties


£9million PAYE not paid but used as funding tool for club.
big shock evidence to date that has been gathered rangers have been making a loss.

big tax case not cause of administration- brought about by debts incurred since takeover


Ibrox and murray park have been used as security on unquantified secured debt
ticketus debt confirmed at £24 million
Cousin position still unconfirmed


press conference drawn to a close after question was asked has Craig Whyte taken this club for a ride. - unanswered

 

[jamesy505]

the Old Firm have previously talked about playing in England. The major barrier at the time being that they wanted to go straight into the Prem.

I am pretty sure that wasnt the barrier. Considering how much money is in the Championship for example, that would still be more TV money than Rangers or Celtic currently get.
An invite to the Championship for the Old Firm, assuming there were no legal\UEFA issues would be accepted without hesitation.

 

[a1ex2001]

Rangers will re-emerge from administration as the same club in the same company all they will effectively do is massively reduce their debt under a CVA agreement ripping off the tax payer and countless other businesses large and small along with a few charities. this is the imoral way of football in these times look at Portsmouth who are about to enter administration for the second time in two years without ever repaying a penny of the previous debt even though a CVA is in place.

 

[div0]

I am pretty sure that wasnt the barrier. Considering how much money is in the Championship for example, that would still be more TV money than Rangers or Celtic currently get.
An invite to the Championship for the Old Firm, assuming there were no legal\UEFA issues would be accepted without hesitation.

I was assuming the chances of an invite to the Championship were the same as straight to the Prem, ie 0.

What I meant is that the major barrier was that they'd both have to work their way from the bottom up, rather than get a special pass straight to the Prem (or even Championship). I agree they'd both have probably taken either of those if they were offered, but they weren't.

My question related to the fact that if Rangers were forced to work their way from the bottom up in the Scottish leagues, then would they instead prefer to work their way up in the English Leagues? All very hypothetical and not really relevant, until events unfold, but was just throwing it out there as something that might possibly happen, although highly unlikely.

 

[TheGamingGeneral]

I was assuming the chances of an invite to the Championship were the same as straight to the Prem, ie 0.

What I meant is that the major barrier was that they'd both have to work their way from the bottom up, rather than get a special pass straight to the Prem (or even Championship). I agree they'd both have probably taken either of those if they were offered, but they weren't.

My question related to the fact that if Rangers were forced to work their way from the bottom up in the Scottish leagues, then would they instead prefer to work their way up in the English Leagues? All very hypothetical and not really relevant, until events unfold, but was just throwing it out there as something that might possibly happen, although highly unlikely.

My understanding was that swansea and cardif where allowed into the english leagues because there was no welsh equivilent at the time they where formed. I would imagen the only way it would be permissable if the SFA/SPL/SFL collapsed and the remaining scottish teams where allowed into england.

Hell thats a good conspiracy theroy, the plan all along was to get into the english leagues by destroying the scottish one.

Brilliant

 

[mmj_uk]

Sorry late to thread but I heard they owe £9m to HMRC, that will need paying off there is no way they will waiver it like other creditors.