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The Rangers soap opera goes on and on.


Sergio Garcia

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jamboinglasgow

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I just can't take the bear thing seriously. Sounds so ridiculous. :laugh:

 

:lol: :lol: :lol:

 

Just have visions of the supporters at the next match all wearing bear costumes.

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I can't see them getting much back for that. How many of Rangers current fans will pay to go see them in Division 3? :verysmug:

 

Do they not just get deducted 10 points? Probably still finish 2nd if thats the case. I would love to see them go down to the third division.

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Right catching up on the weekend news so Rangers died in a hotel room and Whitney Houston has gone in to administration.

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Dean Winchester

Do they not just get deducted 10 points? Probably still finish 2nd if thats the case. I would love to see them go down to the third division.

 

If they form a new company then I believe they need to reapply. If they just go in and out of administration then it's just 10 points and they'll continue on as Rangers F.C.

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Right catching up on the weekend news so Rangers died in a hotel room and Whitney Houston has gone in to administration.

 

:lol:

 

Apparently Rangers died a slow and painful death .

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Prince Buaben

Are murray park and Ibrox owned by Rangers ??

 

Why didnt they do this when they were 15 points in front i wonder?

 

 

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While I despise all that Rangers stands for and seeing them go under would be sweet, there are two caveats:

 

First, there is still a bit to go before it actually happens - they could come to an arrangement with HMRC, for example. In fact, this could well be partly designed to bend HMRC to a softer repayment schedule than would have otherwise been offered.

 

Second, we could be not that far behind them.

 

 

Worst case scenario, if the latter happens, at least they go before us and, if there is any "helping out" beyond the norm for Rangers, the authorities are going to find it very difficult not to give us the same helping hand.

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Could this not work out badly for them then? Surely liquidation is extremely possible if they've had to go into administration BEFORE the case has been settled? And HMRC aren't likely to accept a huge loss in the CVA are they especially seeing as they would most definitely be over the 75% required?

 

Yes, I can't see how going into administration now is necessarily going to reduce the damage to them later on if the tax case goes against them. They'll still owe HMRC millions in missed tax payments.

 

This is going to be very interesting.

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Motherwell would be 9 points behind if this 10 point deduction does happen, and they have a game in hand so it could be 6 :teehee:

 

MOTHERWELL in the champions league qualifiers?

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If they form a new company then I believe they need to reapply. If they just go in and out of administration then it's just 10 points and they'll continue on as Rangers F.C.

 

Cheers. Lets hope they form a new company then! I'm pretty sure Rangers will not go down to the third division though. I suspect this move will be some sort of ploy to escape the debts their due.

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10 points and they'd still be in second!

 

If ever there was a time for a rich club owner to pull his finger out and let a club grow and attack.....

 

oh well.

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AllyjamboDerbyshire

IF we get the rest of the Wallace cash in one lump sum, instead of dribbles over 10's of months... that should go a pretty decent way to helping us out of the current sticky patch. Anyone experience on how these things usually go and how long for parties to get their cash?>

One thing we can be sure of, even if The SPL/SFA are duty bound to withhold any monies from Rangers to settle outstanding debts to other clubs, they are not going to distribute it any quicker than they have to, especially to Hearts. I'm pretty certain they'd like another chance to have a pop at Hearts over late wages etc andthey will be desperate not to be seen to deny Rangers anything before they absolutely have to.

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Taken from Sky Sports news comments section. The mind boggles.

 

 

 

 

iaindewar saysFebruary 13, 2012 3:40pm

Given that Glasgow Rangers are a Scottish Institution the Scottish Parliment should fund this debt and secure the future of this great club

 

 

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The Old Tolbooth

Saying that I was having a wee browse on some other forums and they seem to think we're in the same position as Rangers in terms of a tax case and EBT's. I thought we where just guilty of not paying HMRC when we should be but have we been doing the EBT thing under Ogilvie as well?

Anyone that thinks we're in trouble due to the EBT scheme is clearly not very clued up on them, it really wouldn't have been any good for any clubs outside of the Old Firm in Scotland as we weren't paying anywhere near the wages that the Old Firm were, in fact I think I'm correct in saying that only Craig Gordon would have been able to benefit from such a scheme as he was the highest earning player which could possibly have gained from this scheme.

 

There are talks of Celtic doing the EBT scheme with some players too, but absolutely nowhere near to the extent that Rangers cheated used it.

Edited by johnmitchell
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So Hearts are guaranteed (emergency change of SPL rules permitting) the Wallace money if Rangers enter administration??

 

So Craig Whyte has scuppered Rangers but is Hearts saviour??? I like that ! :)

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Could we take a few players and just forget the Wallace money?

McCulloch and Broadfoot would be good additions.

 

 

 

 

 

 

 

.....casts line..........................

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Taken from Sky Sports news comments section. The mind boggles.

 

 

 

 

iaindewar saysFebruary 13, 2012 3:40pm

Given that Glasgow Rangers are a Scottish Institution the Scottish Parliment should fund this debt and secure the future of this great club

 

 

 

:rofl:

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Francis Albert

While I despise all that Rangers stands for and seeing them go under would be sweet, there are two caveats:

 

First, there is still a bit to go before it actually happens - they could come to an arrangement with HMRC, for example. In fact, this could well be partly designed to bend HMRC to a softer repayment schedule than would have otherwise been offered.

 

Second, we could be not that far behind them.

 

 

Worst case scenario, if the latter happens, at least they go before us and, if there is any "helping out" beyond the norm for Rangers, the authorities are going to find it very difficult not to give us the same helping hand.

 

 

Colin

 

We've had 5 years of broken club crests, and doom and gloom about impending financial collapse, with every match report and interview focusing on the club's problems. Just sit back and enjoy this.

 

FA

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Motherwell would be 9 points behind if this 10 point deduction does happen, and they have a game in hand so it could be 6 :teehee:

 

MOTHERWELL in the champions league qualifiers?

 

We only have one Champions League place these days since our clubs have been putting in such great performances in Europe :down:

Edited by SpikeDudley
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Dean Winchester

We only have one Champions League place these days since our clubs have been putting in such great performances in Europe :down:

We have two next season.

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We only have one Champions League place these days since our clubs have been putting in such great performances in Europe :down:

 

2 this season Spike :thumbsup:

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Even if they go into administration and are deducted 10 points this season , the sad thing about Scottish football is that they will still finish second in the SPL and will be even more aided by match officials , not a lot will change apart from there glory hunting fan-base will drop and Ibrox will go back to getting the 15-20K gates they had in the earlyb 80s

Not if the Administrator sells off all of their first team squad to raise money, which is his principal objective.

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Motherwell would be 9 points behind if this 10 point deduction does happen, and they have a game in hand so it could be 6 :teehee:

 

MOTHERWELL in the champions league qualifiers?

 

 

We are 6 behind Motherwell and have them this week.

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Prince Buaben

Just said on SSN That the cousin deal could be scuppered by the new appointed Administrator :whistling:

 

Depends if they sign him before they appoint the administrator

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The Rangers Tax Case has been well ahead of the game on that, and they say no decision is imminent.

 

It appears RFC have run out of money, quite aside from the tax case.

Their Counsel will have had a nod from the judge that they are going to lose the case hence jumping before they are pushed.

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Alwaysinourshadows

Not if the Administrator sells off all of their first team squad to raise money, which is his principal objective.

Can they sell players just now even if the window is shut or will the administrator have to wait until the end of the season?

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Jim White is gutteeeedddd..

 

Tear of a clown. haha

 

Mind you if they do go bust ill be sad to see them go only for the fact that its a good day out at Tynie when they come over and we pump them.

 

Ach Well

 

 

:byebye:

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Whether they keep their European Licence or not will depend if they can get out of Administration by the summer or not I would think. What does 2nd place get for Europe these days? Is it a CL qualifying place?

If they re-form as a separate compnay they don't have a licence. Need to apply for one and cant play in Europe for 3 years after receipt of licence.

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I cant stand Rangers and this hasnt exactly caught anyone by surprise. I can certainly forsee them ceasing to exist in their present form and reapplying for the league with some new name.

 

If this was to happen I wonder if there may be an attempt from them to join the leagues down South instead of the foot of Scottish football (maybe being a little hopeful here). Not sure if this would be allowed to happen but maybe in light of the situation they would make an attempt (prospect of long term growth would be seen as greater). If that happened I could definitely see Celtic trying for a way out also. With no other club with a large following (on a similar scale) I think any chance they would have to attract better players would be stifled. This may open the door for other teams in the league to compete more than in the past. I know our situation isn't great but agree with the argument that if you actually have a chance to compete for trophies, crowds will improve in the league as a whole. Perhaps TV money would diminish but hopefully this could be counter balanced by increased attendance for other clubs.

 

Maybe this is a more idealist viewpoint from myself (would love to get rid of the OF in Scotland) but would be nice to compete in a league where we actually had a chance to genuinely sustain a challenge on a consistent basis.

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Wrong - Secured creditors get first dabs (Close, CW and/or Ticketus), then preferred creditors (employees who haven't been paid), then unsecured creditors (everybody else).

 

There is no football creditors rule in Scotland.

I think the SPL have a rule whereby football debts in Scotland will be settled, if sufficient funds, from TV money due to Rangers. So we should get our money.

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Optimus Prime

according to STV Ally McCoist was told today in a meeting with Whyte, Andrew Ellis and Ally Russell. I love to think the meeting after a bit of talking went like this

 

CW "So Ally we have some good news and some bad news, which do you want first"

AM "er..ok...the good news"

CW "the good news is that we have finally signed up Cousin, though it is subject to international clearance."

AM "thats good news boss, it will be good to have a striker even though he is not one of the many players I requested to replace Jelavic. So what is the bad news?"

CW "well, er, the board have sent documents to the court of session to put the club into adminstration, you are going to lose a number of your squad and every Saturday will have many angry fans. Good luck with it we are off to holiday in Monaco. Bye."

 

All three quickly leave the room faster the Usain Bolt.

 

In a way, I feel sorry for McCoist, he waits for his turn to take over, Smith finally leaves, a new owner comes in and promises him ?5m a season in spending, you start the season looking good then everything goes wrong, your star player picks a season ending injury, you owner sells your next best player in the last minute of the window with no replacement. And now the club is in administration. He must be wondering why he even bothered.

 

Smith was well aware the **** was about to hit the fan.

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We only have one Champions League place these days since our clubs have been putting in such great performances in Europe :down:

 

I know its wikipedia but it was the first one i could find that confirms two

 

champs league qual

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Out of interest, what happens if Rangers dont appoint an adminstrator within 10 working days?

 

Would that not mean the shutters coming down for good? Insufficient funds to continue trading under any guise?:unsure:

 

But while I'm at it this news is:

 

:pleasing:

 

Whoda thunk it eh?:lol:

Edited by Chester?
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This is terrible, awful stuff. :(

 

I should be absolutely delirious, dancing and singing the death of this disgusting club while throwing streamers and doing cartwheels, but it's come as so much of a sudden shock that I'm speechless.

 

:wow:

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