marshallschunkychicken Posted February 7, 2017 Share Posted February 7, 2017 I'm guessing they mean players that did transfer across, which included those on big contracts who were unlikely to receive a better deal by jumping ship. Elbows would be the prime example, was 36 years old but on over ?10k a week apparently. It could also extend to the management team, McCoist was on a big salary. If you think back to our administration, higher earners whose contracts were expiring were let go. Others who could command a transfer fee were sold to bring in much needed cash. That's pretty much the way for any club who enters administration, but didn't appear to be the case with Rangers. I can't recall any high profile player either being released, or sold. I'm sure they actually brought some players in, though happy to be corrected on that point if my memory is playing tricks. One of the first things the administrators tried to do, bizarrely, was sign Daniel Cousin, if I recall correctly. Link to comment Share on other sites More sharing options...
Footballfirst Posted February 7, 2017 Share Posted February 7, 2017 I'm guessing they mean players that did transfer across, which included those on big contracts who were unlikely to receive a better deal by jumping ship. Elbows would be the prime example, was 36 years old but on over ?10k a week apparently. It could also extend to the management team, McCoist was on a big salary. If you think back to our administration, higher earners whose contracts were expiring were let go. Others who could command a transfer fee were sold to bring in much needed cash. That's pretty much the way for any club who enters administration, but didn't appear to be the case with Rangers. I can't recall any high profile player either being released, or sold. I'm sure they actually brought some players in, though happy to be corrected on that point if my memory is playing tricks. They tried signing Daniel Cousin after they went into admin. Link to comment Share on other sites More sharing options...
RobNox Posted February 7, 2017 Share Posted February 7, 2017 They tried signing Daniel Cousin after they went into admin. That's probably what I was thinking of. As soon as I saw his name, I remembered they tried to bring him in. It is bizzare though, that a club in Admin would attempt to sign a player like that when the Administrators should be cutting costs to the bone to protect the creditors. Link to comment Share on other sites More sharing options...
RobNox Posted February 7, 2017 Share Posted February 7, 2017 Naismith refused to tupe over & signed for Everton for nothing much to the Huns anger at the time.. [emoji4] Clearly, his contract, as with the others who left, was with the holding company, which ceased to exist, rather than the football club, which of course survives to this day!! Link to comment Share on other sites More sharing options...
Footballfirst Posted February 7, 2017 Share Posted February 7, 2017 (edited) From D&P Edited February 7, 2017 by Footballfirst Link to comment Share on other sites More sharing options...
marshallschunkychicken Posted February 7, 2017 Share Posted February 7, 2017 That's probably what I was thinking of. As soon as I saw his name, I remembered they tried to bring him in. It is bizzare though, that a club in Admin would attempt to sign a player like that when the Administrators should be cutting costs to the bone to protect the creditors. I'm sure the papers at the time suggested that he'd agreed a contract worth ?7500 a week. Link to comment Share on other sites More sharing options...
Malinga the Swinga Posted February 7, 2017 Share Posted February 7, 2017 As this thread has appeared again, I just want to take the opportunity to state that I detest this 4 year old club as much as the vile institution that operated for years in Govan before it died after trying to avoid tax through illegal schemes, designed to gain a sporting advantage it would otherwise never have been able to achieve. It is a club run by a convicted criminal, aman who stood by and watched as the previous version of itself withered and died whilst he encouraged shareholders to vote for its death by voting against a CVA. It is a club supported by vile bigoted knuckle dragging moronic people, who to a man believe, that simply being a Protestant who supports this club, entitles them to privileges and automatic success, without them having to earn it. It is a club that has the Scottish media cowering in fear through bully boy tactics and threats, a club that tolerates no criticism, and has refused to do anything to change the culture of sectarianism that has existed and flourished at Ibrox stadium. In case the usual,sympathisers come in, I also do not like their neighbours and close friends who play at Parkhead. It is just that they haven't, as far as I am aware, actually cheated (off the park) to the same financial levels as the new club. Link to comment Share on other sites More sharing options...
jambovambo Posted February 7, 2017 Share Posted February 7, 2017 Boom Every word Link to comment Share on other sites More sharing options...
Mysterion Posted February 7, 2017 Share Posted February 7, 2017 Derek Johnstone has now apparently claimed that Rangers are not out of compliance with Uefa FFP rules because of all the capital expenditure projects at Ibrox and Auchenhowie. Perhaps some mileage if he has been briefed by TRFC / Level5 or alternatively jumped the gun if expenditure was out of Uefa timelines. IMO this reeks of DJ being briefed by Level5. There is absolutely zero chance he would know about he details on capital expenditure or talking about it unless it served a purpose (i.e. to fool The People). He is utterly horrendous - the single worst pundit in the media. Nothing but a cheerleader as Chris Sutton rightly highlighted. Link to comment Share on other sites More sharing options...
jamboz Posted February 7, 2017 Share Posted February 7, 2017 'Jonathan? Jonathan? Oh, he seems to have gone... next caller.'Nothing to see here, move along please... Link to comment Share on other sites More sharing options...
Dunks Posted February 7, 2017 Share Posted February 7, 2017 Sure I read the other day that the magic hat was going to walk away after the cup debacle, but agreed to stay in exchange for two marquee signings - Barton and Senderos Link to comment Share on other sites More sharing options...
Diadora Van Basten Posted February 7, 2017 Share Posted February 7, 2017 Even to keep Murray Park and the Car park neither of which were essential to the business. Link to comment Share on other sites More sharing options...
...a bit disco Posted February 8, 2017 Share Posted February 8, 2017 A decent piece on Rangers and the 'relegation' issue. http://twohundredpercent.net/curious-case-rangers-relegation/ Link to comment Share on other sites More sharing options...
Mikey1874 Posted February 8, 2017 Share Posted February 8, 2017 They could have sold them off before the club went into liquidation. Offered players a wage cut. They did everything they could to avoid saving money. Just more GFA fraud. They basically carried on as if nothing had happened. Because they said they had money (?18 million?) in the bank. Though really that was the unpaid tax. Link to comment Share on other sites More sharing options...
Independence Posted February 8, 2017 Share Posted February 8, 2017 As this thread has appeared again, I just want to take the opportunity to state that I detest this 4 year old club as much as the vile institution that operated for years in Govan before it died after trying to avoid tax through illegal schemes, designed to gain a sporting advantage it would otherwise never have been able to achieve. It is a club run by a convicted criminal, aman who stood by and watched as the previous version of itself withered and died whilst he encouraged shareholders to vote for its death by voting against a CVA. It is a club supported by vile bigoted knuckle dragging moronic people, who to a man believe, that simply being a Protestant who supports this club, entitles them to privileges and automatic success, without them having to earn it. It is a club that has the Scottish media cowering in fear through bully boy tactics and threats, a club that tolerates no criticism, and has refused to do anything to change the culture of sectarianism that has existed and flourished at Ibrox stadium. In case the usual,sympathisers come in, I also do not like their neighbours and close friends who play at Parkhead. It is just that they haven't, as far as I am aware, actually cheated (off the park) to the same financial levels as the new club. This without doubt! Link to comment Share on other sites More sharing options...
ollie2004 Posted February 8, 2017 Share Posted February 8, 2017 The thing that has always bothered me is the sale figure od ?5.5 million or so yet AB paid ?2.5 million or so fir us. These figures do not add up imo. Surely Ibrox and Murray Park plus the players value was far more than ?5.5 million probably at least ?25 million. If so D&P do still have questions to answer to BDO and creditors. Link to comment Share on other sites More sharing options...
jamboy1982 Posted February 8, 2017 Share Posted February 8, 2017 The thing that has always bothered me is the sale figure od ?5.5 million or so yet AB paid ?2.5 million or so fir us. These figures do not add up imo. Surely Ibrox and Murray Park plus the players value was far more than ?5.5 million probably at least ?25 million. If so D&P do still have questions to answer to BDO and creditors. Sure they were valued at around 100 million in previous accounts!! Link to comment Share on other sites More sharing options...
RobNox Posted February 8, 2017 Share Posted February 8, 2017 Sure they were valued at around 100 million in previous accounts!! That valuation would be based on the cost of replacing the stadium and training facility, rather than any open market valuation on what the properties were actually worth to, say, a property developer. Auchenhowie is situated in the green belt, so would likely be problems to try and develop housing on that site, and Ibrox is not ideally located either. ?5.5m appears cheap, but that wasn't even just the price for the heritable assets, it included the IP which would be worth a fair chunk in itself. I seem to recall seeing the the ?5.5m broken down but can't recall how much was for the property itself, c ?2.5m - ?3m rings a bell. Link to comment Share on other sites More sharing options...
Jambo-Jimbo Posted February 8, 2017 Share Posted February 8, 2017 The thing that has always bothered me is the sale figure od ?5.5 million or so yet AB paid ?2.5 million or so fir us. These figures do not add up imo. Surely Ibrox and Murray Park plus the players value was far more than ?5.5 million probably at least ?25 million. If so D&P do still have questions to answer to BDO and creditors. Absolutely, this ?5.5m figure raised more than a few eyebrows at the time and evidently still does. IIRC the whole shebang was valued at something like ?70m a matter of a year later, excellent piece of business that. Link to comment Share on other sites More sharing options...
buzzbomb1958 Posted February 8, 2017 Share Posted February 8, 2017 The new club is worth nothing they have hardly any working capital and are going to struggle from season ticket sale to season ticket sale until the lying king gets his money back they are a new middle of the road club who's fans will desert them in droves when nothing is won and they realise nobody is scared of them anymore goodbye old club get used to your new place in the order of things SEVCO Link to comment Share on other sites More sharing options...
RobNox Posted February 8, 2017 Share Posted February 8, 2017 Absolutely, this ?5.5m figure raised more than a few eyebrows at the time and evidently still does. IIRC the whole shebang was valued at something like ?70m a matter of a year later, excellent piece of business that. Only valued at that by the new owners, there is no way anyone would pay anything like that amount to buy the club now. They have a significant amount of debt in the form of soft loans from directors, and their income stream is seriously hampered by the fact that big fat Mike has a grip on the retail operation. They are operating at a loss, and have been since their inception in 2012. Link to comment Share on other sites More sharing options...
Jambo-Jimbo Posted February 9, 2017 Share Posted February 9, 2017 Only valued at that by the new owners, there is no way anyone would pay anything like that amount to buy the club now. They have a significant amount of debt in the form of soft loans from directors, and their income stream is seriously hampered by the fact that big fat Mike has a grip on the retail operation. They are operating at a loss, and have been since their inception in 2012. Maybe they could sell the whole lot to a billionaire for ?1 and get him to clear all the debt, oh wait....................................................... Link to comment Share on other sites More sharing options...
Jambojay84 Posted February 9, 2017 Share Posted February 9, 2017 Sent from my iPhone using Tapatalk Link to comment Share on other sites More sharing options...
Wilson Posted February 9, 2017 Share Posted February 9, 2017 It would seem, according to the S*n , that the scout McParland is off. Scapegoat No.1 for King...? Link to comment Share on other sites More sharing options...
alicante jambo Posted February 9, 2017 Share Posted February 9, 2017 The new club is worth nothing they have hardly any working capital and are going to struggle from season ticket sale to season ticket sale until the lying king gets his money back they are a new middle of the road club who's fans will desert them in droves when nothing is won and they realise nobody is scared of them anymore goodbye old club get used to your new place in the order of things SEVCO I like you buzzbomb a fantastic post. Link to comment Share on other sites More sharing options...
Alwayssunnyingorgie Posted February 9, 2017 Share Posted February 9, 2017 It would seem, according to the S*n , that the scout McParland is off. Scapegoat No.1 for King...? Was he not the one that would unearth all the hidden gems? Link to comment Share on other sites More sharing options...
John Findlay Posted February 9, 2017 Share Posted February 9, 2017 Was he not the one that would unearth all the hidden gems? Maybe he has been given a new job. Mining in South Africa. Link to comment Share on other sites More sharing options...
Rick Grimes Posted February 9, 2017 Share Posted February 9, 2017 The other way around imo, him jumping ship will look bad on King & his lack of investment.. Depends on the spin and what you want to believe... Bigger implication is that he's tight with Warburton so he's presumably not too happy. Link to comment Share on other sites More sharing options...
Wilson Posted February 9, 2017 Share Posted February 9, 2017 The other way around imo, him jumping ship will look bad on King & his lack of investment.. Yes, that makes sense. Pay off unaffordable I would think.. Link to comment Share on other sites More sharing options...
Unknown user Posted February 9, 2017 Share Posted February 9, 2017 Maybe he has been given a new job. Mining in South Africa. Oh come on JKB, this post is gold! Link to comment Share on other sites More sharing options...
Jambo 4 Ever Posted February 10, 2017 Share Posted February 10, 2017 http://www.hitc.com/en-gb/2017/02/07/rangers-should-try-re-sign-nikica-jelavic-who-is-set-to-become-f/ Link to comment Share on other sites More sharing options...
jamboz Posted February 10, 2017 Share Posted February 10, 2017 http://www.hitc.com/en-gb/2017/02/07/rangers-should-try-re-sign-nikica-jelavic-who-is-set-to-become-f/ "Rangers love a freebie at the moment and Jelavic might be on the verge of becoming a brilliant option for the Ibrox side." FFS. There is unadulterated drivel out there. Apparently some of the players that TTFKR nearly signed include - Iniesta, Messi, Ronaldo, Eto'o and Lineker. Link to comment Share on other sites More sharing options...
Paolo Posted February 10, 2017 Share Posted February 10, 2017 "Rangers love a freebie at the moment and Jelavic might be on the verge of becoming a brilliant option for the Ibrox side." FFS. There is unadulterated drivel out there. Apparently some of the players that TTFKR nearly signed include - Iniesta, Messi, Ronaldo, Eto'o and Lineker. To be fair, they did have a chance tk sign Messi on loan, but McLeish, who was manager at the time, kicked him back, as he was too small. Link to comment Share on other sites More sharing options...
Beast Boy Posted February 10, 2017 Share Posted February 10, 2017 Didn't McLeish sign Latapy? Link to comment Share on other sites More sharing options...
Ibrahim Tall Posted February 10, 2017 Share Posted February 10, 2017 Didn't McLeish sign Latapy? Twice I think, pretty sure he signed him for Hibs too. Link to comment Share on other sites More sharing options...
Jambo 4 Ever Posted February 10, 2017 Share Posted February 10, 2017 "Rangers love a freebie at the moment and Jelavic might be on the verge of becoming a brilliant option for the Ibrox side." FFS. There is unadulterated drivel out there. Apparently some of the players that TTFKR nearly signed include - Iniesta, Messi, Ronaldo, Eto'o and Lineker. and this too: http://www.footballinsider247.com/rangers-fans-desperate-31-year-old-international-return-club/ Link to comment Share on other sites More sharing options...
Glamorgan Jambo Posted February 10, 2017 Share Posted February 10, 2017 McParland is probably only on a regular contract of employment same as most of us so he's the only one they will be able to afford to sack - so it's likely he'll be bulleted in the hope that Warburton and Weir will throw their toys out of the pram and walk. If I was a fan of Sevco my biggest concern about King would be about how much he appears to relish conflict and ends up fighting with pretty much everyone around him - ZARS, Ashley, now Warburton.... Link to comment Share on other sites More sharing options...
gjcc Posted February 10, 2017 Share Posted February 10, 2017 Twice I think, pretty sure he signed him for Hibs too. Correct. Link to comment Share on other sites More sharing options...
Jambo 4 Ever Posted February 10, 2017 Share Posted February 10, 2017 It would seem, according to the S*n , that the scout McParland is off. Scapegoat No.1 for King...? https://stv.tv/sport/football/1380398-mark-warburton-rangers-are-lucky-to-have-frank-mcparland/ Lucky to have him Link to comment Share on other sites More sharing options...
buzzbomb1958 Posted February 10, 2017 Share Posted February 10, 2017 They are going to die AGAIN Link to comment Share on other sites More sharing options...
Boyces beard Posted February 11, 2017 Share Posted February 11, 2017 They are a joke of a club TBH, whats happening is bizarre and rather amusing Link to comment Share on other sites More sharing options...
Mikey1874 Posted February 11, 2017 Share Posted February 11, 2017 Quick settlement or long drawn out legal battle airing all the dirty linen. Mmmmm Link to comment Share on other sites More sharing options...
CollyWolly Posted February 11, 2017 Share Posted February 11, 2017 They are going to die AGAIN I doubt they are. However they are looking at years of mediocrity and failure and erosion from where I am sitting Link to comment Share on other sites More sharing options...
Geoff Kilpatrick Posted February 11, 2017 Share Posted February 11, 2017 I doubt they are. However they are looking at years of mediocrity and failure and erosion from where I am sitting As some of us stated a while back. Link to comment Share on other sites More sharing options...
Jambo dans les Pyrenees Posted February 11, 2017 Share Posted February 11, 2017 As some of us stated a while back. You all may be right. But the great thing is that is turning out to be almost a best case scenario. The fact the lunatics and crooks are running a club supported by unpredictable deluded moronic thugs adds more than a chance that full on implosion is not impossible. Which is pleasing. Link to comment Share on other sites More sharing options...
269miles Posted February 11, 2017 Share Posted February 11, 2017 You all may be right. But the great thing is that is turning out to be almost a best case scenario. The fact the lunatics and crooks are running a club supported by unpredictable deluded moronic thugs adds more than a chance that full on implosion is not impossible. Which is pleasing. TBF to the board, there may be one lunatic and one crook on the boad but there are some decent Rangers men who have put a lot of their own money in and who stand to lose a fortune. How anyone thought it was a good idea to support a King led concert party must need their head examined. He , of course, has put nothing in and I wouldn't be surprised if he tries negotiate a "walking away deal" with the board because no one will go near that club/board while King is around. Shame. Link to comment Share on other sites More sharing options...
aussieh Posted February 12, 2017 Share Posted February 12, 2017 (edited) I'm just using relegation as defined by the english dictionary. You could say the holding company/ business was liquidated. A new company bought the club. The club being, a culture/ brand etc that is always a constant, if this were the case then the club were relegated as per English dictionary definition. I agree with you, just saying that if the club is the same, then how do you explain them starting at a lower division? If the club isn't the same, then yes it is pretty clear cut, they were not relegated but kicked out, reformed, re applied and started from the lowest division.. Depends on what a football club actually is? imo In dafty terms, the club was relegated to the bottom league as a penalty for the business being liquidated. In dafty terms, the league lost a team by liquidation, the new team with the Rangers name applied for the vacancy in the SPL , were telt to GTF as it was filled by another. They tried for the 1st and 2nd division, but were felt to GTF, as again they were filled. They ended up taking the vacant spot in the 3rd by trampling over waiting clubs with the help of others Doncaster and Reagan (The English Mafia).Please stop saying they were relegated, there was nothing to relegate. Sorry I don't usually post or back up Reath17, but I couldn't listen to this claptrap any longer. Bye Edited February 12, 2017 by aussieh Link to comment Share on other sites More sharing options...
Jambo 4 Ever Posted February 13, 2017 Share Posted February 13, 2017 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. Admin note 29 October 2013: We have split off more than 600 posts from this thread into a separate thread to allow a debate about the existential state of Rangers - whether they are alive or dead, new or old, treated fairly or unfairly, should be in Scotland or England, and so on. Here's a link: http://www.hmfckickback.co.uk/index.php?/topic/134157-the-sevco-existential-debate-see-admin-note-in-post-1/page__st__650&do=findComment&comment=3877330 We have some Rangers supporters with a different view to ours, and these different viewpoints can be debated on that thread - not on this one. This thread has been running for 18 months to provide an opportunity for Hearts supporters to exchange information and opinions about the various Rangers sagas, and it will continue for that purpose. Any effort to derail this thread, especially by non-HMFC supporters, will be frowned upon by JKB moderators. Exactly 5 years since this thread started, and still going strong!! Link to comment Share on other sites More sharing options...
Raymond Reddington Posted February 13, 2017 Share Posted February 13, 2017 According to the record online they are thinking of appointing a director of football. Wonder if they do if the DoF will be asked who picks the team? Link to comment Share on other sites More sharing options...
busby1985 Posted February 13, 2017 Share Posted February 13, 2017 It's funny how now Warburton is a horrible manager and never got the best out the squad. It's like Groundhog Day with these dudes. They can bring in who ever they like. If Dave King doesn't invest heavily the next manager will walk or be binned as will the manager after that and so on and so on. Their entitled self worth will run them into the ground again. I for one, love it. Link to comment Share on other sites More sharing options...
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