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The Rangers soap opera goes on and on.


Sergio Garcia

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Why only half? Do the admins get the other half?

 

I was confused by that too. Jelavic was sold by Oldco wasnt he? So surely all of the sell on fee should go to creditors.

Edited by ritchies75
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Scott Burns @ScottBurns75

 

#Rangers due sell-on from Nikica Jelavic's 5.5mill move to Hull City. Some much needed money coming there way Half of Jelavic sell-on will go into the creditor's pot

 

except that goes to OLD CO does it not.? Can't believe this has been going on for almost 2 years and still they act with impunity

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Footballfirst

Scott Burns @ScottBurns75

 

#Rangers due sell-on from Nikica Jelavic's 5.5mill move to Hull City. Some much needed money coming there way Half of Jelavic sell-on will go into the creditor's pot

 

I think that BDO will get the lot. From their Liquidators report in November.

 

Book Debts

Since our last report, a further ?995k has been received in respect of book debts, principally the penultimate instalment of ?975k in relation to the transfer of Nikita Jelavic. The Joint Liquidators anticipate a further ?1.058m being received from this source by 31 May 2014.

Edited by Footballfirst
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The problem for them now is that no-one else in Scotland could afford to pay the kind of wages the players have been on at Ibrox(apart from Celtic), and no-one outside of Scotland will want them.

 

As for Neil Patey on that news item saying administration is unlikely... if he thinks it's unlikely, get your money on it happening!

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Stewart Weir sports journalist :rolleyes5::rolleyes4:

As one Rangers captain said :-This is like Deja Vue all over again
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jack D and coke
Stewart Weir sports journalist :rolleyes5::rolleyes4:

That made me chuckle I must admit. The standard of Scottish sports journalism is appalling.

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The problem for them now is that no-one else in Scotland could afford to pay the kind of wages the players have been on at Ibrox(apart from Celtic), and no-one outside of Scotland will want them.

 

As for Neil Patey on that news item saying administration is unlikely... if he thinks it's unlikely, get your money on it happening!

 

This..How does this tube get invited onto TV.

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the-big-house-must-stay-open.jpg

 

Can we have a caption competition? :rofl:

 

"The Big Hoose must stay open!" ..... Do I win?

 

What do you mean, no? the fat guy actually did say that, 'kin hell..surely no.

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The Mighty Thor

The problem for them now is that no-one else in Scotland could afford to pay the kind of wages the players have been on at Ibrox(apart from Celtic), and no-one outside of Scotland will want them.

 

As for Neil Patey on that news item saying administration is unlikely... if he thinks it's unlikely, get your money on it happening!

Neil Patey 'thinks they'll make it through to the next ST sales and that they'll get fresh investment in?' That's bold thinking right there.

 

Perhaps in a more traditionally structured business that may well happen, but The The Rangers is not a traditionally run business, it's effectively a pack of money hungry hyenas chomping on the carcass of 'big hoose' asset.

 

Now for the fire sale :smug:

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The Old Tolbooth

Remember folks that Administration comes with a transfer ban as part of the sanction. It feasible they will have to make significant cuts to the playing staff but be unable to replace them until January at the earliest.

 

Surely the transfer ban would have to be extended to February 1st, just like ours. I guess this is when we find out if the rules really ARE the same :)

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Neil Patey 'thinks they'll make it through to the next ST sales and that they'll get fresh investment in?' That's bold thinking right there.

 

Perhaps in a more traditionally structured business that may well happen, but The The Rangers is not a traditionally run business, it's effectively a pack of money hungry hyenas chomping on the carcass of 'big hoose' asset.

 

Now for the fire sale :smug:

 

More Spivs for next seasons money. Easy , Easy, Easy Money, I can hear the chant from here.

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Surely the transfer ban would have to be extended to February 1st, just like ours. I guess this is when we find out if the rules really ARE the same :)

 

In fairness: When we went in to admin we requested a transfer ban as punishment and no fine as we did not have the money.

 

Rangers during there MK1 admin had a fine to pay.

 

In this instance the rules where changed in our favor.

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The players answer to the 15% pay cut, We Don't do "docking our pay"

 

 

 

Farin please accept some "rep/mana" for that priceless little ditty :2thumbsup:

 

Another belter was "it's like deja vu all over again"

 

So that will be deja vu deja vu then :toff:

 

 

d?·j? vu

/?de?thinsp.png?? ?vu, ?vyu; French de?thinsp.png?a ?v?/ Show Spelled [dey-zhah voo, vyoo; French dey-zha vy] Show IPA

 

noun

1.

Psychology . the illusion of having previously experienced something actually being encountered for the first time.

2.

disagreeable familiarity or sameness: The new television season had a sense of d?j? vu about it?the same old plots and characters with new names.

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In fairness: When we went in to admin we requested a transfer ban as punishment and no fine as we did not have the money.

 

Rangers during there MK1 admin had a fine to pay.

 

In this instance the rules where changed in our favor.

 

Rangers asked to be fined for entering admin when there were other sanctions being considered. Being fined is what they wanted.

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Rangers asked to be fined for entering admin when there were other sanctions being considered. Being fined is what they wanted.

 

Agreed... but cant remember all the details.

 

They were eager to start burning through the cash it seems! ;-)

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Neil Patey 'thinks they'll make it through to the next ST sales and that they'll get fresh investment in?' That's bold thinking right there.

 

Perhaps in a more traditionally structured business that may well happen, but The The Rangers is not a traditionally run business, it's effectively a pack of money hungry hyenas chomping on the carcass of 'big hoose' asset.

 

Now for the fire sale :smug:

That's how clueless Patey is, ST's will not be bought this time around. The revolting fans will start revolting.

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Stewart Weir sports journalist :rolleyes5::rolleyes4:

That made me chuckle I must admit. The standard of Scottish sports journalism is appalling.

 

To be fair to Stewart Weir he was mocking the "former Rangers captain" when he said this.

 

He's still a knob though.

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Surely the transfer ban would have to be extended to February 1st, just like ours. I guess this is when we find out if the rules really ARE the same :)

 

But the ban we have till 1st Feb is for not paying wages. (SFA ban)

 

The SPFL ban is until we come out of admin.

 

I think that's right. :unsure:

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Geoff Kilpatrick

Have any of the succulent lamb partakers blamed fans yet for not allowing the Sevconian parachute into the top flight?

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That's how clueless Patey is, ST's will not be bought this time around. The revolting fans will start revolting.

Don't know about that - most of them are so thick they will make lots of noise but still part with their money.
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But the ban we have till 1st Feb is for not paying wages. (SFA ban)

 

The SPFL ban is until we come out of admin.

 

I think that's right. :unsure:

 

Correct. :thumb:

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Geoff Kilpatrick

Don't know about that - most of them are so thick they will make lots of noise but still part with their money.

 

That is the question. Will Sevconians fork out for a less desirable product? Will the need for bloodlust outweight lining spiv pockets?

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The Mighty Thor

Don't know about that - most of them are so thick they will make lots of noise but still part with their money.

Ah wee wullie bluenose will be arranging the teddy bears on the sofa and plugging in the bontempi organ as we speak.

 

:rofl:

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That is the question. Will Sevconians fork out for a less desirable product? Will the need for bloodlust outweight lining spiv pockets?

 

 

They'll still sell 30k season tickets pretty easily, regardless of what's going on in the background. Problem is, without admin that's not going to be enough....

 

Happy days.

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That is the question. Will Sevconians fork out for a less desirable product? Will the need for bloodlust outweight lining spiv pockets?

Quite a few will - you've only got to wave the old "No Surrender" line at them and they'll fork out. They're being royally conned (excuse the pun) and a fair percentage really have not got a clue as to where all the money has really gone. Best line I heard last year from one who works in my place was " Charles Green really knows what it's all about - he's got a real grasp of our traditions and what makes Rangers and Rangers supporters tick". I laughed most of the day at that one!! What's worse is he still believes that!!!
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SectionDJambo

Rangers fans may see this as a double whammy opportunity. If they don't buy season tickets and help bail these "spivs" out, it may result in another administration event. This would get rid of their "spivs" problem and many of them still feel aggrieved at the top league clubs for not letting them back in at the top. Their return to the top league would be delayed further, hurting the clubs they the for voting against them.

I would also imagine that many feel that they would be better taking another hit now, to try to cleanse their club, for good, of people who are only there to make a quick profit.

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Geoff Kilpatrick

Rangers fans may see this as a double whammy opportunity. If they don't buy season tickets and help bail these "spivs" out, it may result in another administration event. This would get rid of their "spivs" problem and many of them still feel aggrieved at the top league clubs for not letting them back in at the top. Their return to the top league would be delayed further, hurting the clubs they the for voting against them.

I would also imagine that many feel that they would be better taking another hit now, to try to cleanse their club, for good, of people who are only there to make a quick profit.

 

The thing is, the spivs have them by the balls. An admin event will see RIFC in control. A quick asset pre-pack and full control of the fixed assets is theirs.

 

The only way they would be fully rid of the spivs in that scenario would be to threaten to depart from Ibronx. Having an empty football ground isn't much use to spivs.

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Hagar the Horrible

 

Rangers fans may see this as a double whammy opportunity. If they don't buy season tickets and help bail these "spivs" out, it may result in another administration event. This would get rid of their "spivs" problem and many of them still feel aggrieved at the top league clubs for not letting them back in at the top. Their return to the top league would be delayed further, hurting the clubs they the for voting against them.

I would also imagine that many feel that they would be better taking another hit now, to try to cleanse their club, for good, of people who are only there to make a quick profit.

 

They would be better off taking the hit now, but this set of spivs will somehow still end up owning the real assets and only the name will be in admin2 so not so good for the fans having not only buy back their club, but end up paying rent to the uber spivs.

 

Their big problem now is the cash float is running out, season tickets will buy time not plug the ?14m hole, and with with no credit facilities and people need paying that when it gets bad and I cant see the spivs putting their hands in their own pockets, instead they will turn to the fans again and again. NOT buying season tickets will actually help, they need to starve the spivs, take a hit, and it will be better for the long term, otherwise they will just be a cash cow ad infinite

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The thing is, the spivs have them by the balls. An admin event will see RIFC in control. A quick asset pre-pack and full control of the fixed assets is theirs.

 

The only way they would be fully rid of the spivs in that scenario would be to threaten to depart from Ibronx. Having an empty football ground isn't much use to spivs.

 

An Admin event would see them sucked dry with the money men still in control of their fixed assets and them having to rent Ibrox from them and they would continue to be pillaged. I personally can't see an end to all of this for them unless there's another liquidation and another Newco, giving the fans control. Even then all their fixed assets will have gone!

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That made me chuckle I must admit. The standard of Scottish sports journalism is appalling.

 

What Stewart Weir said was correct though, as it's a direct quote from former Rangers captain Barry Ferguson.

 

Not known for his intelligence is Barry, but a cracking footballer none the less. :thumbsup:

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jack D and coke

 

What Stewart Weir said was correct though, as it's a direct quote from former Rangers captain Barry Ferguson.

 

Not known for his intelligence is Barry, but a cracking footballer none the less. :thumbsup:

I didn't realise he was ripping the pish tbh :lol: sounds like Fergie right enough

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Geoff Kilpatrick

What Stewart Weir said was correct though, as it's a direct quote from former Rangers captain Barry Ferguson.

 

Not known for his intelligence is Barry, but a cracking basketball player none the less. :thumbsup:

FTFY

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How much have the Spivs made today ? these penny shares are like gold even a 15% drop in price wont matter to the Spivs its free money anyway

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Footballfirst

But the ban we have till 1st Feb is for not paying wages. (SFA ban)

 

The SPFL ban is until we come out of admin.

 

I think that's right. :unsure:

Correct. :thumb:

 

Both wrong re the SFA part.

 

The SFA ban was for going into administration not for non payment of wages.

http://www.scottishf...41&newsID=12254

 

Disciplinary Tribunal outcome: Heart of Midlothian FC

 

Thursday, 01 August 2013

 

 

Alleged Party in Breach: Heart of Midlothian FC

Date: 19th June 2013

Disciplinary Rule(s) allegedly breached:

 

Disciplinary Rule 14(g): Suffering an insolvency event by entering into administration on 19th June 2013.

 

Outcome: Complaint of breach of Disciplinary Rule 14(g) admitted.

 

Sanction: Prohibition up until 1st February 2014, of registration of new players aged 21 and over.

 

This prohibition will not apply to players currently registered with the Scottish FA as being with the club.

 

Disciplinary Rule 14: Full membership or associate membership may be suspended or terminated, or a fine may be issued, in any of the following circumstances:-

a) where a club fails to have its ground accepted by the Board for the current playing season;

b} where a club fails for 2 successive playing seasons to play and complete its participation in the Challenge Cup Competition;

c) where a full member entitled to have a representative at a general meeting facilitates representation by a person who does not qualify as its representative in terms of Article 40;

d) where a full member or associate member becomes a member of another National Association or of any other body promoting football which is not authorised by the Scottish FA;

e) where the Judicial Panel has exercised its power of expulsion in relation to a full member or associate member in terms of Article 98;

f) where the club has had its Club Licence suspended for a period in excess of 6 months or where it has been determined by the Board that a club has failed to meet the required minimum standards as prescribed in the Club Licensing Procedures;

g) where a full member or an associate member suffers or is subject to an insolvency event.

 

The bans applied during last season re non payment of wages were applied by the SPL under their rules.

Edited by Footballfirst
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Walter Bishop

Ah wee wullie bluenose will be arranging the teddy bears on the sofa and plugging in the bontempi organ as we speak.

 

:rofl:

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What an absolute plum.

 

There isn't enough cringe in the world.

 

That's someone's father. :blink:

 

How proud they must feel - probably..! :rolleyes:

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Seymour M Hersh

"Sentinels"

 

LOL - so melodramatic and simply pish writing. Their sense of self importance knows no bounds!

 

Mentalists would have been more accurate.

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The problem is that the Rangers business model doesn't work anymore. Their fixed costs alone are too expensive as it is

 

The success the fans crave comes at a price hence why ?800k spent on Templeton, ?7k a week on Black, Sheils, Daly, and even guzumping Inverness Caley for more than double per week what Nicky Clark would have accepted.

 

They are going to have to seriously consider lowering salaries to just above mid range clubs and getting rid of Murray park.

 

Indeed, there is an arguement that with Celtic's crowds dwindling at an alarming rate without the bigotted rivalry, no football sponsorship etc - if they cut their costs right back for a season or 2, and hope Celtic don't progress in the CL (which if Brown had been corrctly sent off against the Khazi's they wouldn't have last time), the gap between the 2 might not be as big once they come back.

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