Paolo Posted December 16, 2014 Share Posted December 16, 2014 Hopefully a fair chunk of the cash will be returned to the creditors of oldco, and Rangers (new) will receive only a small amount of cash. Given the governing body has copped out of it, this may not happen. Link to comment Share on other sites More sharing options...
Barney Rubble Posted December 16, 2014 Share Posted December 16, 2014 http://sport.stv.tv/football/clubs/rangers/303123-rangers-oldco-liquidators-seek-chunk-of-charlie-telfer-tribunal-cash/ delicious! Link to comment Share on other sites More sharing options...
Midloth_Iain Posted December 16, 2014 Share Posted December 16, 2014 Absolutely. Robbie is morphing into Pressley ! Link to comment Share on other sites More sharing options...
DETTY29 Posted December 16, 2014 Share Posted December 16, 2014 (edited) Given the governing body has copped out of it, this may not happen. The article suggests the discussions will take place between BDO and NewCo. That said, I wouldn't want to be the SPFL if it transpires the money is due to BDO on behalf of OldCo creditors and for one reason or another the money doesn't make it to BDO. Indeed if I was Dundee United, I'd send the money to the SPFL to send to Rangers. Or at least ask the SPFL ift hey are prepared to facilitate payment. Edited December 16, 2014 by DETTY29 Link to comment Share on other sites More sharing options...
Shanks said no Posted December 16, 2014 Share Posted December 16, 2014 Hopefully a fair chunk of the cash will be returned to the creditors of oldco, and Rangers (new) will receive only a small amount of cash. Is this only applicable because its a development fee or would BDO be able to make a claim for any fee gained from selling Lewis MacLeod who had been with Oldco since 2004? Link to comment Share on other sites More sharing options...
The Gasman Posted December 16, 2014 Share Posted December 16, 2014 Given the governing body has copped out of it, this may not happen. BDO will not give a damn who's toes they may step on, and if they think they can get money for the creditors the represent, I've no doubt they'll go after it. If BDO were to take it to court (which they may feel obliged to do) it may open a massive can of worms, and create a legal ruling that does not suit NewCo or the SFA. Link to comment Share on other sites More sharing options...
jamboruss Posted December 16, 2014 Share Posted December 16, 2014 Not sure I would assume McCulloch would automatically be a bad coach, actually. Plenty ex players coach and encourage a style of play that you would not expect compared to their playing style. Another point about McCulloch, is he is not a shite player, as many like to suggest. When I was a teenager, he was a tough and fairly rapid forward for Motherwell who scored a lot of goals, he was a tough and tricky winger at Wigan Athletic in my twenties, and nowadays he covers central midfield and centrehalf. He is a dirty player, absolutely no doubt about that whatsoever, and he is also a moaning *******. I doubt he's a particularly bright chap academically either... I just don't think he is anywhere near as shite as some like to think. He is also a total prick though, that should not be glossed over. I Remember we were going to sign him ........for a ridiculous fee.......can't remember him scoring that many though, in fact his nickname "Jig" was from his Motherwell team mates ...........as in Jigsaw...........because he fell to pieces in the box!!!! Link to comment Share on other sites More sharing options...
Footballfirst Posted December 16, 2014 Share Posted December 16, 2014 (edited) Neil Alexander wins a claim for ?84K from Rangers http://sport.stv.tv/football/clubs/rangers/303747-scottish-fa-to-hear-appeal-as-neil-alexander-wins-84000-from-rangers/ Rangers to appeal. Rangers have appealed an SPFL tribunal decision to award Neil Alexander ?84,000 after he won a breach of contract claim against the club. STV understands the former Ibrox goalkeeper was successful in proving to a panel recently that he was due the money as part of a contractual agreement which the club reneged upon. Alexander, who now plays for Hearts, was due to receive an increase in wages and bonuses if his competitor for the number one jersey, Allan McGregor, left the club. McGregor quit Rangers for Besiktas in 2012 after successfully terminating his contract when it was moved between two companies under TUPE regulation. It is understood Rangers argued that McGregor did not technically "transfer" away from the club given the circumstances. But the tribunal ruled he did, meaning Alexander's contract clause was valid. A date is yet to be set for the appeal to be heard by a Scottish FA judicial panel. Alexander started his fight for the money in December last year, with reports at the time suggesting he may use the civil court to argue his case. Edited December 16, 2014 by Footballfirst Link to comment Share on other sites More sharing options...
Strachsuit Posted December 16, 2014 Share Posted December 16, 2014 Neil Alexander wins a claim for ?84K from Rangers http://sport.stv.tv/football/clubs/rangers/303747-scottish-fa-to-hear-appeal-as-neil-alexander-wins-84000-from-rangers/ Rangers to appeal. Just saw that too, excellent! Link to comment Share on other sites More sharing options...
geogth Posted December 16, 2014 Share Posted December 16, 2014 The news just gets better by the day. Link to comment Share on other sites More sharing options...
Stuart Lyon Posted December 16, 2014 Share Posted December 16, 2014 Dundee United should withhold any payment until they know who it is due to. Link to comment Share on other sites More sharing options...
Guest Bilel Mohsni Posted December 16, 2014 Share Posted December 16, 2014 I Remember we were going to sign him ........for a ridiculous fee.......can't remember him scoring that many though, in fact his nickname "Jig" was from his Motherwell team mates ...........as in Jigsaw...........because he fell to pieces in the box!!!! He had a pretty decent partnership with Spencer, I think. One of the pair always seemed to score. He was definitely a handful though, and there's no denying to hit the deck a bit easily, even then. Link to comment Share on other sites More sharing options...
Don Dan Posted December 16, 2014 Share Posted December 16, 2014 I wonder if The Rangers can afford the ?84k Link to comment Share on other sites More sharing options...
The Gasman Posted December 16, 2014 Share Posted December 16, 2014 Neil Alexander wins a claim for ?84K from Rangers http://sport.stv.tv/football/clubs/rangers/303747-scottish-fa-to-hear-appeal-as-neil-alexander-wins-84000-from-rangers/ Rangers to appeal. As was pointed out on another thread, this is about the total cash which they take in cash for a home league game. Link to comment Share on other sites More sharing options...
leginten Posted December 16, 2014 Share Posted December 16, 2014 The news just gets better by the day. To be honest, though, the thread should have been closed months ago. Link to comment Share on other sites More sharing options...
Guest Bilel Mohsni Posted December 16, 2014 Share Posted December 16, 2014 To be honest, though, the thread should have been closed months ago. Link to comment Share on other sites More sharing options...
Hearts007 Posted December 16, 2014 Share Posted December 16, 2014 sevco fans now firmly believe MA will take full control based on the fact that Romanov owned Hearts and kaunas Link to comment Share on other sites More sharing options...
Norm Posted December 16, 2014 Share Posted December 16, 2014 sevco fans now firmly believe MA will take full control based on the fact that Romanov owned Hearts and kaunas Brilliant. Does anyone have the heart to tell them he didn't actually own Kaunas? Link to comment Share on other sites More sharing options...
The Comedian Posted December 16, 2014 Share Posted December 16, 2014 All the Sevco bullshit is tying them up in knots now. Link to comment Share on other sites More sharing options...
Phil D. Corners Posted December 16, 2014 Share Posted December 16, 2014 sevco fans now firmly believe MA will take full control based on the fact that Romanov owned Hearts and kaunas It's a good point. But technically I don't think Vald 'directly' owned Hearts. Link to comment Share on other sites More sharing options...
JAYEL Posted December 16, 2014 Share Posted December 16, 2014 It's a good point. But technically I don't think Vald 'directly' owned Hearts. Correct but it didnt stop the GFA from making up a new rule to fine him ?100,000 Link to comment Share on other sites More sharing options...
Tasavallan Posted December 16, 2014 Share Posted December 16, 2014 Brilliant. Does anyone have the heart to tell them he didn't actually own Kaunas? He didn't actually own Hearts either. Link to comment Share on other sites More sharing options...
The Gasman Posted December 16, 2014 Share Posted December 16, 2014 sevco fans now firmly believe MA will take full control based on the fact that Romanov owned Hearts and kaunas Yeah - and although he didn't directly own either Club, it all ended just so well..! Link to comment Share on other sites More sharing options...
Hearts007 Posted December 16, 2014 Share Posted December 16, 2014 Yeah - and although he didn't directly own either Club, it all ended just so well..! indeed Link to comment Share on other sites More sharing options...
Norm Posted December 16, 2014 Share Posted December 16, 2014 He didn't actually own Hearts either. No, but he was the majority shareholder in the company that did. I don't think that was the case at Kaunas. I'm pretty sure he was just their sponsor. Link to comment Share on other sites More sharing options...
Don Dan Posted December 16, 2014 Share Posted December 16, 2014 What's that Beatles song "I've got to admit it's getting better its geting better all the time" http://m.stv.tv/sport/football/clubs/rangers/303123-rangers-oldco-liquidators-seek-chunk-of-charlie-telfer-tribunal-cash/ Link to comment Share on other sites More sharing options...
DETTY29 Posted December 16, 2014 Share Posted December 16, 2014 All the Sevco bullshit is tying them up in knots now. Is BDO going down the route of same name; same badge; same stadium; same customers; retained history and retained honours Must be a phoenix.... Link to comment Share on other sites More sharing options...
King Of The Cat Cafe Posted December 16, 2014 Share Posted December 16, 2014 Is BDO going down the route of same name; same badge; same stadium; same customers; retained history and retained honours Must be a phoenix.... Or a duck.....walks like, talks like and so on..... Link to comment Share on other sites More sharing options...
RobNox Posted December 16, 2014 Share Posted December 16, 2014 Ashley is involved because he is a player. In this particular instance , he is a player beyond the worst nightmares of the SFA/SPFL & Sevco. He can demand what he wants and get it because it might just be that the alternative for Sevco & the SFA is so unpalatable that it will scare them to death. Sevco have made fools of the SFA and now MA is going to make fools of everyone - and make piles of cash into the bargain. I am ordering industrial amounts of popcorn for the festive period and beyond. I should have bought shares in Butterkist a couple of years ago, I'd surely be minted by now! Link to comment Share on other sites More sharing options...
Deevers Posted December 16, 2014 Share Posted December 16, 2014 Wonder how long it's going to take for Ashley to get peed off with all of this and decide to pull the plug on them. Link to comment Share on other sites More sharing options...
brunoatemyhamster Posted December 16, 2014 Share Posted December 16, 2014 What's that Beatles song "I've got to admit it's getting better its geting better all the time" http://m.stv.tv/sport/football/clubs/rangers/303123-rangers-oldco-liquidators-seek-chunk-of-charlie-telfer-tribunal-cash/ But But But But we're the same club ! LOLFEST Link to comment Share on other sites More sharing options...
i wish jj was my dad Posted December 16, 2014 Share Posted December 16, 2014 Wonder how long it's going to take for Ashley to get peed off with all of this and decide to pull the plug on them. But, but Craig Whyte, Dave King Mike Ashley will saved them etc. Link to comment Share on other sites More sharing options...
Hearts007 Posted December 16, 2014 Share Posted December 16, 2014 What's that Beatles song "I've got to admit it's getting better its geting better all the time" http://m.stv.tv/sport/football/clubs/rangers/303123-rangers-oldco-liquidators-seek-chunk-of-charlie-telfer-tribunal-cash/ man it really is never ending for them.......in its great in aw that Link to comment Share on other sites More sharing options...
brunoatemyhamster Posted December 16, 2014 Share Posted December 16, 2014 (edited) Wonder how long it's going to take for Ashley to get peed off with all of this and decide to pull the plug on them. He won't. He'll keep sweating them. all this is good for Ashley. He's the only show in town, and when they need money next, he'll be able to ask for what he want, on his terms. And he'll get it. He propably won't give them enough dosh in one go to see them through. If they are desperate, they are much easier to deal with. The fact that Ashley is there seems to have frightened all interested parties away as they know what he's all about. Edited December 16, 2014 by brunoatemyhamster Link to comment Share on other sites More sharing options...
DETTY29 Posted December 16, 2014 Share Posted December 16, 2014 Wonder how long it's going to take for Ashley to get peed off with all of this and decide to pull the plug on them.If I was him I would be seeking counsel with BDO on how far they are prepared to go on behalf of OldCo creditors. Link to comment Share on other sites More sharing options...
Hearts007 Posted December 16, 2014 Share Posted December 16, 2014 He won't. He'll keep sweating them. all this is good for Ashley. He's the only show in town, and when they need money next, he'll be able to ask for what he want, on his terms. And he'll get it. He propably won't give them enough dosh in one go to see them through. If they are desperate, they are much easier to deal with. The fact that Ashley is there seems to have frightened all interested parties away as they know what he's all about. "He'll keep them sweating" - yep things starting to hot up Link to comment Share on other sites More sharing options...
Jambof3tornado Posted December 16, 2014 Share Posted December 16, 2014 Has imran ahmad been paid his out of court settlement yet? Link to comment Share on other sites More sharing options...
RobNox Posted December 16, 2014 Share Posted December 16, 2014 "He'll keep them sweating" - yep things starting to hot up Rangers Board: 'Mike, Mike, we're totally in the shit and need someone to pony up ?8m to see us right until the end of the season.' Mike Ashley: 'Oh dear, how sad, never mind!' Link to comment Share on other sites More sharing options...
Tasavallan Posted December 16, 2014 Share Posted December 16, 2014 No, but he was the majority shareholder in the company that did. I don't think that was the case at Kaunas. I'm pretty sure he was just their sponsor.I don't even believe he was that. Vlad may have had the most shares in UBIG but he was not the majority shareholder i.e. >50%. However most of the other shares were split among his family and other companies that he also controlled. He certainly was the controlling shareholder. Murky waters. The point was that he acted like he owned Hearts, which in essence he did. Link to comment Share on other sites More sharing options...
Jamdub Posted December 16, 2014 Share Posted December 16, 2014 I don't even believe he was that. Vlad may have had the most shares in UBIG but he was not the majority shareholder i.e. >50%. However most of the other shares were split among his family and other companies that he also controlled. He certainly was the controlling shareholder. Murky waters. Fortunately, he has feck all to do with our beloved club anymore. Link to comment Share on other sites More sharing options...
Footballfirst Posted December 16, 2014 Share Posted December 16, 2014 I have a couple of snapshots of UBIG shareholdings From 2009 Vladimir Romanov 26.18%Newfield Investors 25.00%Impexnet 20.24%Baltmet Holding 13.97%Kauno Tiekimas 5.90%Others 8.71% From Dec 2012 26,8% Baltmet Holding17,3% - ?kio Bankas16,9% - P. Romanov10% - Capital Property Holding8,3% - Optimum Property Holding6,9% - Associated Property Holding5,1% - Olga Gon?aruk Link to comment Share on other sites More sharing options...
jambo mark Posted December 16, 2014 Share Posted December 16, 2014 Can't stand this guff about Europe being a platform for Ashley to brand Sports Direct. If he was that interested he's have out money in Celtic for Sponsorship or would be investing more in Newcastle. He is there for nothing other than to make money, and that is his onerous contract. If a self confessed 'cockney geordie' isn't interested in his own team, why would he be interested in TRFC Link to comment Share on other sites More sharing options...
Jamboelite Posted December 16, 2014 Share Posted December 16, 2014 Again a decent journalist would ask the question since all advertising is through official champ league channels and not per team why would he think buying a 2nd tier basketcase like Rangers would increase his brand awareness. Utter madness that this still gets trotted out.. Link to comment Share on other sites More sharing options...
WorldChampions1902 Posted December 16, 2014 Share Posted December 16, 2014 Jeez.......this saga has more twists and turns than "The Singing Ringing Tree". And IIRC, that was full of Bears as well. Time to top up my popcorn. Link to comment Share on other sites More sharing options...
DETTY29 Posted December 16, 2014 Share Posted December 16, 2014 Again a decent journalist would ask the question since all advertising is through official champ league channels and not per team why would he think buying a 2nd tier basketcase like Rangers would increase his brand awareness. Utter madness that this still gets trotted out.. Graham Speirs and Stephen McGowan (Scottish Daily Mail) on Scotland Tonight to discuss if Rangers can turn it round off field this season. Wonder if McGowan will be the bad cop to challenge Spiers assertion that Ashley will invest tens of millions for CL success and Europe wide advertising. Even if the presenter would ask these questions of Spiers. Link to comment Share on other sites More sharing options...
Gregorski Posted December 16, 2014 Share Posted December 16, 2014 Can't stand this guff about Europe being a platform for Ashley to brand Sports Direct. If he was that interested he's have out money in Celtic for Sponsorship or would be investing more in Newcastle. He is there for nothing other than to make money, and that is his onerous contract. If a self confessed 'cockney geordie' isn't interested in his own team, why would he be interested in TRFC Agreed. He already has a platform for a GLOBAL exposure for his brand as he has Newcastle United in the Premiership. People watch that all over the world by the millions. A lot more viewers than a random midweek european game of The Rangers versus FC Random Nobody would attract anyway. Link to comment Share on other sites More sharing options...
Eldar Hadzimehmedovic Posted December 16, 2014 Share Posted December 16, 2014 I can't decide if these journos can't work it out or if they simply can't bring themselves to say it - Ashley is only interested in the value of the brand. Rangers are just another Slazenger, Dunlop or Karrimor to him. He doesn't care about pumping money into a football team as a vanity project and he doesn't need Sports Direct to possibly get no exposure in an away tie in Luxembourg in the Champions League preliminary rounds in six years time. Link to comment Share on other sites More sharing options...
jambovambo Posted December 16, 2014 Share Posted December 16, 2014 @McNallyMirror: Sevco bid to be both a newco & the same club as Rangers 1872 unraveling. Truth outs as BDO go after Telfer cash & Alexander wins his claim. Link to comment Share on other sites More sharing options...
DETTY29 Posted December 16, 2014 Share Posted December 16, 2014 Agreed. He already has a platform for a GLOBAL exposure for his brand as he has Newcastle United in the Premiership. People watch that all over the world by the millions. A lot more viewers than a random midweek european game of The Rangers versus FC Random Nobody would attract anyway. His best bet would be to rename them Sports Direct Rangers so that every time the club is mentioned in the media he gets exposure. Apart from on Euro nights. Link to comment Share on other sites More sharing options...
Eldar Hadzimehmedovic Posted December 16, 2014 Share Posted December 16, 2014 @McNallyMirror: Sevco bid to be both a newco & the same club as Rangers 1872 unraveling. Truth outs as BDO go after Telfer cash & Alexander wins his claim. Ignoring sycophantic 'pundits', is it just me or are actual football reporters starting to take a lot more shots than they used to? It's beginning to feel like Rangers at last are fair game. Link to comment Share on other sites More sharing options...
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