Fxxx the SPFL Posted December 10, 2018 Share Posted December 10, 2018 (edited) 6 minutes ago, jambovambo said: https://www.heraldscotland.com/news/17288996.liquidators-in-talks-to-settle-18m-rangers-oldco-claim-by-firm-founded-by-former-club-owner-craig-whyte/ Sounds double dutch to me can someone enlighten me is this more bad news for The Rangers and The Lying King Edited December 10, 2018 by Ray has bus pass hooray Link to comment Share on other sites More sharing options...
Footballfirst Posted December 10, 2018 Share Posted December 10, 2018 (edited) 25 minutes ago, Ray has bus pass hooray said: Sounds double dutch to me can someone enlighten me is this more bad news for The Rangers and The Lying King It doesn't impact on the Newco. The story comes from BDO's latest Report to Creditors for the Oldco. Henderson & Jones is a company that litigates on behalf of insolvent companies (Wavetower/TRFCG) where they believe that is scope for success. The basis of the claim is that Wavetower paid off RFC's debt to Lloyds at the time of Whyte's takeover in 2011. What it doesn't consider is that Wavetower borrowed £16m from RFC (the Ticketus money). However, Wavetower does hold a security over RFC assets, so has an argument that they should receive preferential treatment over the unsecured creditors, if it is agreed that there is a real debt attached to the security. It is alleged that Craig Whyte has an agreement to receive one third of any sums obtained. Edited December 10, 2018 by Footballfirst Link to comment Share on other sites More sharing options...
Mikey1874 Posted December 11, 2018 Share Posted December 11, 2018 Good to see Craig Whyte is being looked after. Link to comment Share on other sites More sharing options...
The Gasman Posted January 6, 2019 Share Posted January 6, 2019 On 03/12/2018 at 16:16, Footballfirst said: King's undertaking to the Court of Session has been published on the Rangers website. https://media.rangers.co.uk/uploads/2018/12/20181130-King-Undertaking.pdf He should have appointed someone to confirm the cash is there by 14th December, but I don’t recal seeing that. He has to make his offer public by 11th Jan - this coming Friday - so it’ll be interesting to see what if anything King has put in place.... Link to comment Share on other sites More sharing options...
corryjambo Posted January 6, 2019 Share Posted January 6, 2019 26 minutes ago, The Gasman said: He should have appointed someone to confirm the cash is there by 14th December, but I don’t recal seeing that. He has to make his offer public by 11th Jan - this coming Friday - so it’ll be interesting to see what if anything King has put in place.... I think this may well be his strategy. Link to comment Share on other sites More sharing options...
The Gasman Posted January 6, 2019 Share Posted January 6, 2019 22 minutes ago, corryjambo said: I think this may well be his strategy. I’ve no doubt you’re right, that’s all he seems to have done so far. But this time he gave an undertaking in court, to achieve certain things by certain dates, so failing to do that has the potential to drop him in the clart. ?? Link to comment Share on other sites More sharing options...
Cairneyhill Jambo Posted January 11, 2019 Share Posted January 11, 2019 So, has the Lying King stumped up the cash? Link to comment Share on other sites More sharing options...
The Gasman Posted January 11, 2019 Share Posted January 11, 2019 12 minutes ago, Cairneyhill Jambo said: So, has the Lying King stumped up the cash? He should have had everything in place by 17:30 this afternoon, going by the published document.... ....but I’ll not be betting on his having complied with that, even though his lawyers agreed it with the Court Link to comment Share on other sites More sharing options...
jock _turd Posted January 11, 2019 Share Posted January 11, 2019 2 hours ago, The Gasman said: He should have had everything in place by 17:30 this afternoon, going by the published document.... ....but I’ll not be betting on his having complied with that, even though his lawyers agreed it with the Court I have given up any hope of anything coming down against this guy. The courts seem, to me at least, totally toothless and are merely going through the motions at the end of the day King is just pishing himself laughing at the whole circus. The courts make a demand and King says aye whatever and carries on ignoring them. Link to comment Share on other sites More sharing options...
The Future's Maroon Posted January 12, 2019 Share Posted January 12, 2019 4 hours ago, jock _turd said: I have given up any hope of anything coming down against this guy. The courts seem, to me at least, totally toothless and are merely going through the motions at the end of the day King is just pishing himself laughing at the whole circus. The courts make a demand and King says aye whatever and carries on ignoring them. I get what your saying, and King probably thinks the same....thankfully this isn’t the SFA we’re dealing with here, this won’t wont get brushed under the carpet and I can’t wait. Its been a long time coming but many laughs will be forthcoming soon ? Link to comment Share on other sites More sharing options...
jock _turd Posted January 12, 2019 Share Posted January 12, 2019 6 hours ago, The Future's Maroon said: I get what your saying, and King probably thinks the same....thankfully this isn’t the SFA we’re dealing with here, this won’t wont get brushed under the carpet and I can’t wait. Its been a long time coming but many laughs will be forthcoming soon ? I really hope you are right that lot give me the boak even more than Celtic do these days! Link to comment Share on other sites More sharing options...
kirkierobroy Posted January 12, 2019 Share Posted January 12, 2019 12 hours ago, The Future's Maroon said: Its been a long time coming but many laughs will be forthcoming soon ? I very hope so, but all the prediction of this shower's demise have come to nothing. I now rather despair, of Scottish football in general. Link to comment Share on other sites More sharing options...
Mysterion Posted January 13, 2019 Share Posted January 13, 2019 Whilst the deadline has passed it’ll sometime this week that the ramifications become clear. Guess formally pressing for contempt of court could be the first stage. Link to comment Share on other sites More sharing options...
The Gasman Posted January 13, 2019 Share Posted January 13, 2019 (edited) 11 hours ago, Mysterion said: Whilst the deadline has passed it’ll sometime this week that the ramifications become clear. Guess formally pressing for contempt of court could be the first stage. While that deadline has past, there are another two still to come, and I suspect that the Court may wait to see what happens then before acting. ”4. To ensure that Laird makes an offer for Rangers in full compliance with the Code by no later than 17:30GMT on 25 January 2019, being the date that is eight weeks from the date of this undertaking. 5. To appoint a legal advisor by 17:30GMT on 14 December 2018 to undertake all such matters as are required to ensure that the documentation complies with the Code and to liaise with the Panel in relation thereto.” I can’t see the Court bothering too much if he was a day late (as an example) confirming an appointment, but if the offer is not made in full by a week on Friday (as his lawyers agreed with the Court) then I think he’ll find himself in real trouble. Edited January 13, 2019 by The Gasman Link to comment Share on other sites More sharing options...
Calebs Grandad Posted January 13, 2019 Share Posted January 13, 2019 21 minutes ago, The Gasman said: While that deadline has past, there are another two still to come, and I suspect that the Court may wait to see what happens then before acting. ”4. To ensure that Laird makes an offer for Rangers in full compliance with the Code by no later than 17:30GMT on 25 January 2019, being the date that is eight weeks from the date of this undertaking. 5. To appoint a legal advisor by 17:30GMT on 14 December 2018 to undertake all such matters as are required to ensure that the documentation complies with the Code and to liaise with the Panel in relation thereto.” I can’t see the Court bothering too much if he was a day late (as an example) confirming an appointment, but if the offer is not made in full by a week on Friday (as his lawyers agreed with the Court) then I think he’ll find himself in real trouble. Biggest surprise is that neither the SFA or SPFL gave started a crowdfunding appeal to help them out. Link to comment Share on other sites More sharing options...
Meadows Posted January 19, 2019 Share Posted January 19, 2019 Was reading that Defoe is on £130k per week at Bournemouth and The Rangers are paying 50% . An incredible £65k per week for 18 months !!!! Tick tick indeed . Link to comment Share on other sites More sharing options...
part_time_jambo Posted January 19, 2019 Share Posted January 19, 2019 All or nothing to stop Celtic maybe? Link to comment Share on other sites More sharing options...
Pistol1874 Posted January 19, 2019 Share Posted January 19, 2019 (edited) 9 minutes ago, Meadows said: Was reading that Defoe is on £130k per week at Bournemouth and The Rangers are paying 50% . An incredible £65k per week for 18 months !!!! Tick tick indeed . I find both of those numbers incredible. I find it hard to believe Bournemouth pay anyone £130k per week, even Callum Wilson whose career is ahead of him, and the idea that Celtic pay anyone £65k per week, far less Rangers, seems fanciful at best. Wasn’t in a West Coast rag trying to make Rangers out to be serious players by any chance was it? ? Edited January 19, 2019 by Pistol1874 Link to comment Share on other sites More sharing options...
Mister Dee Posted January 19, 2019 Share Posted January 19, 2019 Much as I’d love to believe the Defoe wage story -I find it hard to believe that they’d pay him £3.3M per year. Link to comment Share on other sites More sharing options...
JackLadd Posted January 19, 2019 Share Posted January 19, 2019 Motherwell are paying 2k of McCormack's 40k Villa salary. Take with a pinch of salt that Sevco are stumping up 65k. Link to comment Share on other sites More sharing options...
colinmaroon Posted January 19, 2019 Share Posted January 19, 2019 (edited) 35 minutes ago, Pistol1874 said: I find both of those numbers incredible. I find it hard to believe Bournemouth pay anyone £130k per week, even Callum Wilson whose career is ahead of him, and the idea that Celtic pay anyone £65k per week, far less Rangers, seems fanciful at best. Wasn’t in a West Coast rag trying to make Rangers out to be serious players by any chance was it? ? Who needs to worry about Fake News on Facebook etc., all you need to do to find plenty, is read the West Coast Fake News .org Edited January 19, 2019 by colinmaroon Link to comment Share on other sites More sharing options...
NANOJAMBO Posted January 19, 2019 Share Posted January 19, 2019 39 minutes ago, Pistol1874 said: I find both of those numbers incredible. I find it hard to believe Bournemouth pay anyone £130k per week, even Callum Wilson whose career is ahead of him, and the idea that Celtic pay anyone £65k per week, far less Rangers, seems fanciful at best. Wasn’t in a West Coast rag trying to make Rangers out to be serious players by any chance was it? ? Defoe signed on a free transfer so he will be on big money for sure. How much Sevco are paying for his wages remains to be seen but I doubt it's much. There is no way Sevco can afford Defoe's wages never mind for 18 months. Link to comment Share on other sites More sharing options...
tokyowalnut Posted January 19, 2019 Share Posted January 19, 2019 A story from the Rangers PR team at the Daily Record. Link to comment Share on other sites More sharing options...
jambo89 Posted January 19, 2019 Share Posted January 19, 2019 Thought it was pretty well reported that Defoe was on that sort of money. Dont believe that rangers are paying 50 % though. A rangers friend of mine said it was 10% (still 13k a week right enough) which is probably not far off being true Link to comment Share on other sites More sharing options...
DH1986 Posted January 19, 2019 Share Posted January 19, 2019 13 minutes ago, tokyowalnut said: A story from the Rangers PR team at the Daily Record. Correct. I’d guess his Bournemouth salary is hugely exaggerated and Rangers will be paying maximum £15k a week for his services. Link to comment Share on other sites More sharing options...
tokyowalnut Posted January 19, 2019 Share Posted January 19, 2019 6 minutes ago, DH1986 said: Correct. I’d guess his Bournemouth salary is hugely exaggerated and Rangers will be paying maximum £15k a week for his services. I know there's very little the SPFL or the SFA would do, but if a member club is posting a £14 million loss, and have a history of financial misconduct, surely a phone call should be taking place to ask some questions. Link to comment Share on other sites More sharing options...
Brave Hearts Posted January 19, 2019 Share Posted January 19, 2019 Article in The Times this morning saying der Huns are have agreed to pay £65,000 a week for the rest of the season on Defoe. Bournemouth will still be paying the other half of his £130,000 a week salary. Link to comment Share on other sites More sharing options...
brunoatemyhamster Posted January 19, 2019 Share Posted January 19, 2019 (edited) https://sillyseason.com/salary/afc-bournemouth-players-salaries-101261/ Edited January 19, 2019 by brunoatemyhamster Link to comment Share on other sites More sharing options...
jambosdad Posted January 19, 2019 Share Posted January 19, 2019 Ryan Fraser is on £1k a week and playing every game for Bournemouth. Surely that is wrong. Link to comment Share on other sites More sharing options...
Jambo-Jimbo Posted January 19, 2019 Share Posted January 19, 2019 Whether Defoe is on £130k or £65k a week, Rangers will be paying out a lot of money, money which will only add to their loses. Shows just how desperate they are to stop Celtic. Tick tock indeed. Link to comment Share on other sites More sharing options...
Seymour M Hersh Posted January 19, 2019 Share Posted January 19, 2019 3 hours ago, part_time_jambo said: All or nothing to stop Celtic maybe? I don't think anyone can doubt that's their (unbelievably risky) strategy. Link to comment Share on other sites More sharing options...
milky_26 Posted January 19, 2019 Share Posted January 19, 2019 58 minutes ago, brunoatemyhamster said: https://sillyseason.com/salary/afc-bournemouth-players-salaries-101261/ in the first few lines it has defoe being on 75k, then on the list it has 65k. also they have josh king as being english when he is norwegian Link to comment Share on other sites More sharing options...
VALDOS Posted January 19, 2019 Share Posted January 19, 2019 38 minutes ago, jambosdad said: Ryan Fraser is on £1k a week and playing every game for Bournemouth. Surely that is wrong. Absolutely its wrong, agents have an EPL players salary starting at no less than 10k a week, and thats just young lads who are just breaking through. Link to comment Share on other sites More sharing options...
Riccarton3 Posted January 19, 2019 Share Posted January 19, 2019 (edited) Looking back, did the SFA ever make a public statement about the liquidated club'x use of EBTs after the final judgement was made on them? Along the lines of a general warning to clubs to seek advice from the association if there any doubts over the legality of their activities., using Rangers as an example. Edited January 19, 2019 by Riccarton3 Link to comment Share on other sites More sharing options...
Blackford Hearts Posted January 20, 2019 Share Posted January 20, 2019 Interesting to see that after an apparently dubious call off of their Scottish Cup game on Friday night Sevco fly out to play in Helsinki for a pre-arranged friendly match today Link to comment Share on other sites More sharing options...
Cairneyhill Jambo Posted January 20, 2019 Share Posted January 20, 2019 20 minutes ago, Blackford Hearts said: Interesting to see that after an apparently dubious call off of their Scottish Cup game on Friday night Sevco fly out to play in Helsinki for a pre-arranged friendly match today It was at Ibrox. Link to comment Share on other sites More sharing options...
Mikey1874 Posted January 20, 2019 Share Posted January 20, 2019 22 minutes ago, Blackford Hearts said: Interesting to see that after an apparently dubious call off of their Scottish Cup game on Friday night Sevco fly out to play in Helsinki for a pre-arranged friendly match today 1 minute ago, Cairneyhill Jambo said: It was at Ibrox. It was Rangers who queried the pitch and asked for an early inspection. Though to be fair they might have been correct. Link to comment Share on other sites More sharing options...
Blackford Hearts Posted January 20, 2019 Share Posted January 20, 2019 13 minutes ago, Cairneyhill Jambo said: It was at Ibrox. Conspiracy over! I read it was part of the Morelos deal so assumed it was over there. Must be splitting / giving Helsinki the gate money and getting the Sevco fans to pay the transfer fee Link to comment Share on other sites More sharing options...
kirkierobroy Posted January 22, 2019 Share Posted January 22, 2019 Clearly they have some unknown source of income. All of the predictions about their demise have come to nothing and, anyway, nobody in the law or Scottish football, including the chairpeople of the other clubs, are willing to call them out. They are the monster we all hate, the monster that shouldn't exist, but it JUST... WON'T... DIE... Link to comment Share on other sites More sharing options...
Riccarton3 Posted January 22, 2019 Share Posted January 22, 2019 (edited) 32 minutes ago, kirkierobroy said: Clearly they have some unknown source of income. All of the predictions about their demise have come to nothing and, anyway, nobody in the law or Scottish football, including the chairpeople of the other clubs, are willing to call them out. They are the monster we all hate, the monster that shouldn't exist, but it JUST... WON'T... DIE... to be fair, it did, in 2012, unable to fulfill its fixtures.When you arrive at that point, it's over. Edited January 22, 2019 by Riccarton3 Link to comment Share on other sites More sharing options...
Mikey1874 Posted January 22, 2019 Share Posted January 22, 2019 1 hour ago, kirkierobroy said: Clearly they have some unknown source of income. All of the predictions about their demise have come to nothing and, anyway, nobody in the law or Scottish football, including the chairpeople of the other clubs, are willing to call them out. They are the monster we all hate, the monster that shouldn't exist, but it JUST... WON'T... DIE... They lost £14 million last year. They are just overspending to catch Celtic Link to comment Share on other sites More sharing options...
alwaysthereinspirit Posted January 22, 2019 Share Posted January 22, 2019 5 minutes ago, Mikey1874 said: They lost £14 million last year. They are just overspending to catch Celtic I hope that dream lives for another season and a half and then BOOM!!! Once Gerrard leaves they'll implode. Link to comment Share on other sites More sharing options...
Seymour M Hersh Posted January 22, 2019 Share Posted January 22, 2019 3 minutes ago, alwaysthereinspirit said: I hope that dream lives for another season and a half and then BOOM!!! Once Gerrard leaves they'll implode. I will laugh if the tims win it (not that I want to see them win it either) just to hasten the implosion. Link to comment Share on other sites More sharing options...
alwaysthereinspirit Posted January 22, 2019 Share Posted January 22, 2019 12 minutes ago, Seymour M Hersh said: I will laugh if the tims win it (not that I want to see them win it either) just to hasten the implosion. Obviously. Us, or another team (not #ibs) then Celtic. In that order. **** Newco. Link to comment Share on other sites More sharing options...
132goals1958 Posted January 22, 2019 Share Posted January 22, 2019 7 minutes ago, Seymour M Hersh said: I will laugh if the tims win it (not that I want to see them win it either) just to hasten the implosion. A case of every cloud having a silver lining. The contempt of court saga still rolls on whilst the allegation from the glib one that members of organised crime have bought into the club seems to have gone a bit quit. Link to comment Share on other sites More sharing options...
Mysterion Posted January 22, 2019 Share Posted January 22, 2019 Where’s the share money... can’t be long now before further action is taken. Link to comment Share on other sites More sharing options...
Lfhearts Posted January 22, 2019 Share Posted January 22, 2019 Ryan Fraser is only on £1k a week I don't believe that at all. No premiership player can be on as little as that. Link to comment Share on other sites More sharing options...
Lfhearts Posted January 22, 2019 Share Posted January 22, 2019 Think 27k a week for Fraser ffs Link to comment Share on other sites More sharing options...
Stuart Lyon Posted January 22, 2019 Share Posted January 22, 2019 All gone quiet on the Glib and shameless liar's contempt of court case. Link to comment Share on other sites More sharing options...
Jambo-Fox Posted January 22, 2019 Share Posted January 22, 2019 3 hours ago, kirkierobroy said: Clearly they have some unknown source of income. All of the predictions about their demise have come to nothing and, anyway, nobody in the law or Scottish football, including the chairpeople of the other clubs, are willing to call them out. They are the monster we all hate, the monster that shouldn't exist, but it JUST... WON'T... DIE... Or perhaps they will ‘surrender’?! Link to comment Share on other sites More sharing options...
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