The Rangers Saga and Fallout Thread

McRod · 6 Jun 2012 at 12:04

pingwing said:
So as Mark says kicking out of the league is a necessity, otherwise whats to stop Morton magicing 100m of investment (by duping a bank)

duping a bank?

Who duped a bank?

Surely if a bank lent that kind of money with no collateral, then the bank is entirely to blame.

I`d actually personally applaud anyone who could dupe a bank for 100m in this day and age.

Metalface Mark · 6 Jun 2012 at 13:14

McRod said:
I disagree, i think 700k is an extremely large amount of money and on top of no european cash revenue i feel this is quite a considerable penalty/punishment.

As said before, a suspension from the league would cause too many financial issues with other clubs to be a consideration even though it would temporarliy satisfy the Rangers loathers.

The only other severe punishement i can think of apart from expulsion would be to watch St Mirren DvDs on "loop" mode but i fear even St Mirren fans would concede that that would be a step too far.

Its not a 700k penalty though is it, you could get knocked out in the forth round and it only be a 100k penalty.

Is there any real need for childish comments such as the one above? It just goes to highlight that you have nothing really of insight to add to the debate.

Metalface Mark · 6 Jun 2012 at 13:14

McRod said:
duping a bank?

Who duped a bank?

Surely if a bank lent that kind of money with no collateral, then the bank is entirely to blame.

I`d actually personally applaud anyone who could dupe a bank for 100m in this day and age.

So you blame Murray and applaud him at the same time?

McMav · 6 Jun 2012 at 13:57

Metalface Mark said:
So you blame Murray and applaud him at the same time?

I'm sure at the end of the day though Rangers owed the bank 18 million not 100 million and got every penny of it?

Metalface Mark · 6 Jun 2012 at 13:59

McMav said:
I'm sure at the end of the day though Rangers owed the bank 18 million not 100 million and got every penny of it?

Murray spent the banks money on Rangers, well over 100m in his time.

McMav · 6 Jun 2012 at 14:34

And he is now paying the price with the bank controlling a lot of MIH. He also borrowed more to finiance MIH as a whole. Was working well in the good times. Not so much now.

McMav · 6 Jun 2012 at 14:38

Well done the SFA. Not like the horse has already bolted eh?

Metalface Mark · 6 Jun 2012 at 14:53

McMav said:
And he is now paying the price with the bank controlling a lot of MIH. He also borrowed more to finiance MIH as a whole. Was working well in the good times. Not so much now.

MIH has never made money, all he ever did was borrow more from the bank and secrete that into his own private wealth stash.

You think his personal wealth is at risk when the plug is pulled on MIH?

McMav · 6 Jun 2012 at 14:59

Metalface Mark said:
MIH has never made money, all he ever did was borrow more from the bank and secrete that into his own private wealth stash.

You think his personal wealth is at risk when the plug is pulled on MIH?

Of course not its all in his Vineyards.

doopydug · 6 Jun 2012 at 20:27

That was actually really funny mate - I know Mark has taken it to heart because you used his club as the butt of the joke but it could have been any club name and the joke would have been just as funny.

Well done on injecting a bit of light hearted humour to a very depressing and, sometimes, combatitive thread.

As a Celtic supporter, you would assume that I am taking great pleasure in seeing this whole saga drawn out so painfully and publically but, really, like almost everyone else, we really just want to see this brought to a close so that Rangers and the rest of the clubs can start planning for next season.

I can't imagine the pain that Rangers supporters with a genuine love of their club must be going through right now.

McRod said:
The only other severe punishement i can think of apart from expulsion would be to watch St Mirren DvDs on "loop" mode but i fear even St Mirren fans would concede that that would be a step too far.

Gav · 6 Jun 2012 at 20:49

McRod said:
The only other severe punishement i can think of apart from expulsion would be to watch St Mirren DvDs on "loop" mode but i fear even St Mirren fans would concede that that would be a step too far.

You said DVD's.. does that mean they have more than 1 ?

chameleon · 6 Jun 2012 at 21:05

Naw, they just wore the tape oot!

Gav · 6 Jun 2012 at 21:29

CHARLES GREEN, who is leading a consortium purchasing Rangers Football Club, issued the following statement tonight.

He said: "I had a very constructive meeting with the Rangers Fans' Fighting Fund today and we discussed a wide range of issues.

"We are united in recognising that a successful outcome to the CVA proposal is extremely important for the club, our fans and many businesses who have dealings with Rangers. Approval of the CVA would give everyone a huge boost of confidence.

"I provided the fans with further details of my consortium's vision for the future of Rangers. Understandably, supporters are wary given the recent past at Ibrox but I will continue to have dialogue with the fans and inform them every step of the way.

"We will be taking Rangers forward to better days and one idea I put forward today is my plan to rename Murray Park.

"Following discussions with the supporters, we will be asking season ticket holders to vote on whether to rename Murray Park as either the Moses McNeil Academy or the Davie Cooper Academy. We will be asking supporters to vote when they renew their season tickets.

"We also discussed the situation with the SFA player embargo and I made it clear that the club's position remains that we want to see a satisfactory outcome.

"We hope that in trying to achieve this there is general recognition this has become a difficult and complex issue for everyone."

Let's see what the haters have to say about the latest press release..

Over to you Mark...

doopydug · 6 Jun 2012 at 21:54

He is pandering to the fans - there are far more important issues to consider than renaming the bleedin training facility right now - lol

Reminds me of Tony Blair

Nauggie · 6 Jun 2012 at 22:43

Interesting. Allow fans to vote when they renew season ticket. Crafty this one is.

Now will show his finances for inspection?

Metalface Mark · 6 Jun 2012 at 22:45

I've made my feelings known on Green, he is just a leech who wants to suck what little meat is left off the bone.

The only guys with Rangers interest at heart are the blue knights, they don't get a shot because the money offered wouldn't pay duff and phelps.

Gav · 6 Jun 2012 at 23:25

Metalface Mark said:
I've made my feelings known on Green, he is just a leech who wants to suck what little meat is left off the bone.

The only guys with Rangers interest at heart are the blue knights, they don't get a shot because the money offered wouldn't pay duff and phelps.

It won't be the first time you have been wrong though. Will it? :-)

steve1873 · 6 Jun 2012 at 23:44

Metalface Mark said:
I've made my feelings known on Green, he is just a leech who wants to suck what little meat is left off the bone.

The only guys with Rangers interest at heart are the blue knights, they don't get a shot because the money offered wouldn't pay duff and phelps.

Are you still peddling this ****? The money offered, regardless of who offered it would require that the administrator be paid first prior to amy other creditor, so if the money on offer from TBK's wouldn't pay D&P then it wouldn't pay as much pence in the £ to the creditors as the Green offer.

The deal can be structured in several ways, but the administrator would still require its estimated fees in the region of £3million and other expenses of realising the CVA of estimated £2.5million.

As for the renaming of the training ground, I agree with the poster who said it is pandering to the fans. But it is important for any new owner to get the support onside. So long as the more important issues are being dealt with at the same time.

McMav · 7 Jun 2012 at 07:18

Metalface Mark said:
I've made my feelings known on Green, he is just a leech who wants to suck what little meat is left off the bone.

The only guys with Rangers interest at heart are the blue knights, they don't get a shot because the money offered wouldn't pay duff and phelps.

No it was because they had clauses that would have meant zero chance of hmrc agreeing to any cva. But keep peddling your non truths.

Gav · 7 Jun 2012 at 07:42

http://www.thescottishsun.co.uk/sco...u-wont-hound-me-out-of-SFA.html#ixzz1x5Sw02ae

Rangers’ decision to fight an SFA appeals panel-imposed 12-month transfer embargo in the Court of Session — overturning the verdict — privately angered Regan.
But he’s taken last week’s defeat on the chin — although every club still got a stark warning at Hampden yesterday to abide by the SFA rules.
No date has been set yet for the independent appeals panel to come up with another punishment for Gers’ financial mismanagement.
Regan said: “As a board we recognise the independence of the procedure, we will not interfere. There WON’T be and CAN’T be any deals.
“There is an interim period of 21 days for Rangers to consider their position.
“We’ve had communication with FIFA over the last week.
“We’ve kept them in the loop right from the outset and they intend to take no further action.
“We’re aware of the reasons Rangers did what they did. But we will not be pursuing them for that.

So FIFA aren't going to be taking any action..... the haters aren't going to be happy..