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Rangers - newco goes to Division 3 / transfer ban must stand etc


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#1 Sergio Garcia

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Posted 13 February 2012 - 02:34 PM

Just got a text from a mate who works at the High Court in Glasgow that Rangers directors have lodged a petition at the Court of Session for an Administrator. My mate is a Well fan who is not really into mischief making so thought I would pass on the info.

I shall try and get more info from him soon.

#2 footieman

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Posted 13 February 2012 - 02:41 PM

Posted Image

#3 hibshater

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Posted 13 February 2012 - 02:41 PM

View PostELVIS_LEGEND, on 13 February 2012 - 02:34 PM, said:

Just got a text from a mate who works at the High Court in Glasgow that Rangers directors have lodged a petition at the Court of Session for an Administrator. My mate is a Well fan who is not really into mischief making so thought I would pass on the info.

I shall try and get more info from him soon.

Tick Tock. :thumbsup:

#4 CMc

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Posted 13 February 2012 - 02:47 PM

Dear Santa,

I've been a good boy this year.
Please let this be true.

Yours etc,

CMc

#5 Problem Officer?

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Posted 13 February 2012 - 02:55 PM

:interesting:

#6 Borthers

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Posted 13 February 2012 - 02:58 PM

This is bang on the cash.

http://news.stv.tv/s...administration/

#7 Lovecraft

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Posted 13 February 2012 - 03:00 PM

Meltdown in

5


4


3

#8 T o p S e c r e t

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Posted 13 February 2012 - 03:00 PM

View PostELVIS_LEGEND, on 13 February 2012 - 02:34 PM, said:

Just got a text from a mate who works at the High Court in Glasgow that Rangers directors have lodged a petition at the Court of Session for an Administrator. My mate is a Well fan who is not really into mischief making so thought I would pass on the info.

I shall try and get more info from him soon.

Ruthven is right  :thumbsup:

Edited by T o p S e c r e t, 13 February 2012 - 03:01 PM.


#9 johnmitchell

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Posted 13 February 2012 - 03:02 PM

:cheese:  :cheese:  :cheese:  :cheese:

#10 heartsfc_fan

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Posted 13 February 2012 - 03:03 PM

:yas:


:bravo:

#11 Lovecraft

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Posted 13 February 2012 - 03:03 PM

Does this mean we get Wallace back?

#12 Dagger Is Back

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Posted 13 February 2012 - 03:04 PM

What impact does that have on the balance of the Wallace funds they are due us?

#13 Boris

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Posted 13 February 2012 - 03:04 PM

A tentative :yas:

#14 Dean Winchester

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Posted 13 February 2012 - 03:04 PM

:yas: :yas: :yas:

#15 AVB1874

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Posted 13 February 2012 - 03:04 PM

This has brightened up a very boring Monday....

#16 Borthers

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Posted 13 February 2012 - 03:05 PM

View PostLovecraft, on 13 February 2012 - 03:03 PM, said:

Does this mean we get Wallace back?
Unless they owe anyone else a transfer fee, we got to the front of the queue for payment.

#17 Francis Albert

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Posted 13 February 2012 - 03:05 PM

Is Chick Young on suicide watch yet?

#18 bilstonjambo

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Posted 13 February 2012 - 03:05 PM

does this mean that a points deduction will be on the cards and second place could now be realistically up for grabs??

#19 hp88

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Posted 13 February 2012 - 03:05 PM

Oh god damnit. I'm in the uni library.... I'm on the verge of bursting out laughing...

Going to get lynched by several masters students if I don't regain my composure.

But still...

:yas: :teehee: :woot: :lol: :D :teehee:

#20 world_3

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Posted 13 February 2012 - 03:06 PM

Yes!!!! :lol::lol::lol::lol:

#21 mahgrassyshoes

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Posted 13 February 2012 - 03:06 PM

:sob:









































































Oh, wait...



Posted Image

Edited by mahgrassyshoes, 13 February 2012 - 03:08 PM.


#22 ritchies75

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Posted 13 February 2012 - 03:07 PM

WooHoooPosted Image

#23 Tommy Wiseau

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Posted 13 February 2012 - 03:07 PM

:wow:

There goes our Wallace money though  :(

#24 Deevers

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Posted 13 February 2012 - 03:07 PM

BBC News is reporting that a Stockbrokers firm that Whyte is a director of has been banned from operating because of questionable transactions using clients money.  It's all coming out now!!

Edited by Deevers, 13 February 2012 - 03:10 PM.


#25 Guest_Just Came To Say Kello_*

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Posted 13 February 2012 - 03:08 PM

Posted Image

#26 Problem Officer?

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Posted 13 February 2012 - 03:08 PM

:pleasingao: :pleasingao: :pleasingao:

#27 super_vlad

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Posted 13 February 2012 - 03:08 PM

View PostFrancis Albert, on 13 February 2012 - 03:05 PM, said:

Is Chick Young on suicide watch yet?
Yes, I want to watch while he tops himself! Popcorn at the ready

#28 Gershwin

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Posted 13 February 2012 - 03:08 PM

View PostTommy Wiseau, on 13 February 2012 - 03:07 PM, said:

:wow:

There goes our Wallace money though  :(

You do wonder what happens with this. I presume we got heehaw? Or his left leg?

#29 Dean Winchester

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Posted 13 February 2012 - 03:08 PM

View Postbilstonjambo, on 13 February 2012 - 03:05 PM, said:

does this mean that a points deduction will be on the cards and second place could now be realistically up for grabs??
Not really. We'd still be 15 points behind.

#30 Charlie-Brown

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Posted 13 February 2012 - 03:08 PM

Hearts should be on the phone to the SPL petitioning them to withhold any SPL money due to Rangers in lieu of our football debt.

#31 Borthers

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Posted 13 February 2012 - 03:09 PM

Club now has five days to appoint an administrator. As soon as they do ten points will deducted. Then creditors will begin to be settled. All football debts take precedence, followed by other creditors (starting with confirmed ones), then HMRC gorge on the leftovers.

#32 Vlad-Stupid

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Posted 13 February 2012 - 03:09 PM

View PostTommy Wiseau, on 13 February 2012 - 03:07 PM, said:

:wow:

There goes our Wallace money though  :(

Still.... :rofl:

#33 Dexter

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Posted 13 February 2012 - 03:09 PM

I'm actually speechless !

#34 CMc

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Posted 13 February 2012 - 03:09 PM

View PostBorthers, on 13 February 2012 - 02:58 PM, said:

This is bang on the cash.

http://news.stv.tv/s...administration/

:yas:

#35 heartsfc_fan

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Posted 13 February 2012 - 03:09 PM

How much do Rangers till owe us? Is it not £750,000 or so for Wallace?  :unsure:

#36 speedbump

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Posted 13 February 2012 - 03:11 PM

There may be trouble ahead...........

#37 world_3

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Posted 13 February 2012 - 03:11 PM

View PostFrancis Albert, on 13 February 2012 - 03:05 PM, said:

Is Chick Young on suicide watch yet?

Never thought of that!  I'll need to go out and buy a second bottle of champagne just in case... :lol:

#38 Tommy Wiseau

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Posted 13 February 2012 - 03:11 PM

Hilarious, yes, but just think - this guarantees the sight of those rodents Lhennon and Bhrown lifting the SPL trophy.   :down:

Every silver lining, eh? :(

On the other hand, this is a moment to savour :jjyay:

#39 Dean Winchester

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Posted 13 February 2012 - 03:11 PM

View PostTommy Wiseau, on 13 February 2012 - 03:07 PM, said:

:wow:

There goes our Wallace money though  :(

Why? Football debt should be top of the list. If needs be the SPL should be giving us part of Rangers finishing place cash directly if need be.

#40 Sergio Garcia

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Posted 13 February 2012 - 03:11 PM

View PostT o p S e c r e t, on 13 February 2012 - 03:00 PM, said:

Ruthven is right  :thumbsup:

Haha yeah I am not the best at not disclosing sources! Posted Image

#41 Iago

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Posted 13 February 2012 - 03:11 PM

I normally hate Mondays...


:jjyay:

#42 Nicholas Brody

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Posted 13 February 2012 - 03:12 PM

:rofl:

#43 Borthers

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Posted 13 February 2012 - 03:12 PM

Process has begun, Rangers aren't in administration yet.

What happens when they do - http://sport.stv.tv/...administration/

#44 ToadKiller Dog

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Posted 13 February 2012 - 03:13 PM

Never thought i would see if not the demise of one of the old firm at least the loss of power for some time .
Really gives the rest of the SPL a chance to make real change but they wont take it as ever .
But still very funny (as long as we dont follow)

#45 Deevers

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Posted 13 February 2012 - 03:13 PM



#46 jamboinglasgow

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Posted 13 February 2012 - 03:14 PM



Wow, seriously wow.

If you told me five years ago that Rangers would go into administration I would have laughed. Though somehow, I think Rangers will get away with the worst of things by going into admin now.

#47 johnmitchell

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Posted 13 February 2012 - 03:14 PM

View PostBorthers, on 13 February 2012 - 03:09 PM, said:

Club now has five days to appoint an administrator. As soon as they do ten points will deducted. Then creditors will begin to be settled. All football debts take precedence, followed by other creditors (starting with confirmed ones), then HMRC gorge on the leftovers.

Sweet! :)

Attached Files



#48 JamboTaylor

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Posted 13 February 2012 - 03:15 PM

Would they be deducted 25 points?

Isn't that what happened to Dundee recently?

#49 rantnrave

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Posted 13 February 2012 - 03:15 PM

View PostDagger Is Back, on 13 February 2012 - 03:04 PM, said:

What impact does that have on the balance of the Wallace funds they are due us?


I Was just thinking the same.

#50 Dean Winchester

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Posted 13 February 2012 - 03:15 PM

View PostBorthers, on 13 February 2012 - 03:12 PM, said:

Process has begun, Rangers aren't in administration yet.

What happens when they do - http://sport.stv.tv/...administration/

I'm curious about the licencing for Europe... Would Rangers lose the Champions League slot even though they finished 2nd if they didn't receive one then?  :whistling: