Geoff Kilpatrick Posted January 28, 2013 Share Posted January 28, 2013 Ah, so oldco and newco are different entities again when it is 'bad stuff'. Yet again, making a mockery of the so-called 'five way agreement' which still remains unpublished. Link to comment Share on other sites More sharing options...
I.T.K Posted January 28, 2013 Share Posted January 28, 2013 Rangers supporters are prepared to boycott every club in Scotland should the Ibrox outfit be stripped of titles. (Sun) http://www.bbc.co.uk/sport/0/football/21227806 Link to comment Share on other sites More sharing options...
KillieMitch Posted January 28, 2013 Share Posted January 28, 2013 As per a few thinly veiled threats. , All anyone asks is that the commission is fair, without prejudice [see who is involved and no doubt it will be] and IF guilty Rangers are treated the same as anyone else would have been. Where was that attitude when he was telling us they had to stay in the SPL? Link to comment Share on other sites More sharing options...
davieholt Posted January 28, 2013 Share Posted January 28, 2013 Rangers supporters are prepared to boycott every club in Scotland should the Ibrox outfit be stripped of titles. (Sun) http://www.bbc.co.uk...otball/21227806 YAAAAAAAAAAAAAAASSSSSSSSSS !!! RESULT Link to comment Share on other sites More sharing options...
Rick Grimes Posted January 28, 2013 Share Posted January 28, 2013 Rangers supporters are prepared to boycott every club in Scotland should the Ibrox outfit be stripped of titles. (Sun) http://www.bbc.co.uk...otball/21227806 I've just cum.... Link to comment Share on other sites More sharing options...
The Gasman Posted January 28, 2013 Share Posted January 28, 2013 Rangers supporters are prepared to boycott every club in Scotland should the Ibrox outfit be stripped of titles. (Sun) http://www.bbc.co.uk/sport/0/football/21227806 Does "every club in Scotland" still include Rangers themselves at this point..? Link to comment Share on other sites More sharing options...
Hagar the Horrible Posted January 28, 2013 Share Posted January 28, 2013 Mutatis Mutandis.....They were fast tracked into the 3rd division due to the financial benefits they bring, albeit at a very high price. The bigot pound was very tempting to take and to turn a blind eye, Its a bit like a cancer patient being sponsored by a tobacco company. So if they were permitted to play as an associate member due to their cant live without fan base, if they boycott all away matches, then really what's the point of having them in any league. 50 Spartan fans offer more that zero Rangers fans Link to comment Share on other sites More sharing options...
...a bit disco Posted January 28, 2013 Share Posted January 28, 2013 fat hun fud Is an anagram of...! Got me thinking though. Charles Green becomes 'Rangers Leech'. Link to comment Share on other sites More sharing options...
Dunks Posted January 28, 2013 Share Posted January 28, 2013 Seems like George Galloway wants The Rangers to pay Rangers debt to Hector http://www.parliamen...edm/2012-13/913 RANGERS TAX LIABILITIES Session: 2012-13 Date tabled: 14.01.2013 Primary sponsor: Galloway, George Sponsors: Campbell, Ronnie Hopkins, Kelvin McGovern, Jim That this House notes that the owners of the club now playing in the Scottish Third Division called Rangers claim that it is the same club with the same history as the liquidated club also known as Rangers; further notes that 14 million in VAT and PAYE was withheld in the run-up to administration by the previous Rangers; further notes that the club is now cash-rich through a share issue which raised in excess of 20 million; condemns the use of insolvency laws to avoid paying tax owed; and calls on the Government to take steps to reclaim the outstanding monies from Rangers and to bring forward legislative proposals to prevent clubs and companies sidestepping their liabilities through liquidation and then carrying on trading with effectively the same name and in exactly the same business. Link to comment Share on other sites More sharing options...
Hagar the Horrible Posted January 28, 2013 Share Posted January 28, 2013 Is an anagram of...! Got me thinking though. Charles Green becomes 'Rangers Leech'. Alistair McCoist: The best I came up with was "Last Comic is ra tit" Link to comment Share on other sites More sharing options...
Ray Gin Posted January 28, 2013 Share Posted January 28, 2013 Seems like George Galloway wants The Rangers to pay Rangers debt to Hector http://www.parliamen...edm/2012-13/913 RANGERS TAX LIABILITIES Session: 2012-13 Date tabled: 14.01.2013 Primary sponsor: Galloway, George Sponsors: Campbell, Ronnie Hopkins, Kelvin McGovern, Jim That this House notes that the owners of the club now playing in the Scottish Third Division called Rangers claim that it is the same club with the same history as the liquidated club also known as Rangers; further notes that 14 million in VAT and PAYE was withheld in the run-up to administration by the previous Rangers; further notes that the club is now cash-rich through a share issue which raised in excess of 20 million; condemns the use of insolvency laws to avoid paying tax owed; and calls on the Government to take steps to reclaim the outstanding monies from Rangers and to bring forward legislative proposals to prevent clubs and companies sidestepping their liabilities through liquidation and then carrying on trading with effectively the same name and in exactly the same business. Link to comment Share on other sites More sharing options...
Mysterion Posted January 29, 2013 Share Posted January 29, 2013 New Tommo Blog http://www.channel4.com/news/the-unravelling-of-rangers-key-questions Link to comment Share on other sites More sharing options...
Mysterion Posted January 29, 2013 Share Posted January 29, 2013 (edited) The unravelling of Rangers - key questions ALEX THOMSON Chief Correspondent Rangers were once among the world's most successful football clubs. Now they no longer exist, replaced by a team currently plying their trade in Scotland's third division. Alex Thomson explains why. Why it is the biggest scandal of its kind in football? Football, politics, business and the media in Scotland have suffered a seismic shock. The unthinkable happened, prompting profound debate about how sport, business, media and the law operate. One of the biggest and best-supported clubs in football went into administration, then outright liquidation, owing millions. A newco (new company) was formed and admitted to the Scottish Division Three after lower league clubs voted it in. It is a monumental fall from grace for a club that was in a European cup final only five years ago. What went wrong? Just before the turn of the millennium the club spent a lot of money - more than was coming in. Rangers broke the Scottish transfer record in 2000. And even then it had significant debts. It was a combination of those years of overspending and the use of certain tax avoidance schemes that ultimately led to the former chairman Sir David Murray selling the club in April 2011 to a little known venture capitalist called Craig Whyte for the token sum of ?1. For that pound Whyte assumed ownership of the club, its debt and a looming tax bill, the cost of which was estimated to be as high as ?49m. Why did HMRC pursue Rangers? Director after director, and even players, took large tax-free loans. Large homes got larger. Second homes abroad got bought. To date, not a penny in the loans appears to have been paid back - all (for now) quite legally. It was done under a complex tax-avoidance scheme, called an employee benefit trust (EBT), set up by struck-off lawyer and soft-porn baron Paul Baxendale-Walker over a decade ago. Initially HMRC won its case. But an appeal to a tax tribunal found that use of the EBT as legitimate by a 2-1 tax tribunal majority in November 2012. HMRC is seeking leave to appeal, and told Channel 4 News the issue will probably go to the high court. The tribunal noted Rangers had been evasive and obstructive, and even the club agreed that tax arrangements for at least five players were improper. The issue was widely reported as a victory for Rangers in the Scottish media. Why then did Rangers collapse? On top of that tax issue, the club's problems mounted when Craig Whyte bought the club and then, according to a Scottish FA investigation, led a regime which was reckless in the extreme, heaping further tax debt on the club. Mr Whyte disputes this but, claiming he feared for his personal security, did not attend the SFA hearings. It is alleged that under Whyte, Rangers stopped making national insurance contributions, and HMRC is chasing the club for a fee believed to be around ?3-4m. What actions were taken and who faces punishment? Sir David Murray remains locked in combat with HMRC. Liquidators may well have questions or start legal action against former directors. In June 2012 the Crown Office announced it had instructed Strathclyde police to conduct a criminal investigation into Craig Whyte's acquisition of Rangers football club. The newco operates under a transfer ban and faces a minimum of three years in relative lower-league wilderness as it fights its way back up the league to the SPL. Rangers newco chief executive Charles Green has said the club will not play in the SPL as long as he is in charge. According to the NUJ, at least 32 journalists have complained of intimidation by Rangers fans in the past year, as have at least one football club and a leading criminal QC who needed police protection. Police have made at least one arrest in recent months as a result of this. What happens next? Basically three key things this year - The tax issue will be resolved either in favour of Sir David Murray, the former Rangers owner, or in favour of the HMRC. The implications are huge since thousands of companies in and outside football use similar tax avoidance schemes, or have used them. It is a major test case. The other big outstanding issue should also be resolved: did the liquidated club tell or not tell the FA about all the money it paid players? If it did not, the Rangers name could be removed from a large number of cups, championships etc for fielding ineligible players, and the club's history could be radically re-written. An independent commission, led by Lord Nimmo-Smith, should begin soon and rule on this one way or the other. Liquidation - the liquidators BDO have to recover the money. There isn't any. Or rather, not in assets etc as the stadium and training ground are transferred to the new Rangers FC. But there are people. That is where BDO can go, in theory. If so, a lot more litigation could follow before some of the small businesses, educational establishments and councils who are creditors of Rangers, finally get at least some money back. No-one is holding their breath. Does it affect English football clubs? The answer depends on the verdict of the tax court over the use of EBTs. It is possible that English football clubs have employed the same tax avoidance scheme in the same way - in which case Rangers could be the harbinger of things to come for the footballing world outside Scotland. Edited January 29, 2013 by Mysterion Link to comment Share on other sites More sharing options...
EreWeG0.. Posted January 29, 2013 Share Posted January 29, 2013 Things are hotting up. http://www.scotsman.com/sport/footballers/top-football-stories/dundee-united-fans-plan-for-craig-whyte-masks-upsets-rangers-1-2755684 But there is no rangers fans going to the game...how can it upset them? Bell*nds to a man. Link to comment Share on other sites More sharing options...
jambovambo Posted January 29, 2013 Share Posted January 29, 2013 Twitter very angsty about Nimmo Smith enquiry - Graham Spiers getting it in the neck. Spacegirl Gail?@spacegirlgail Arguing with Graham Spiers is like wrestling with a pig. You both get grubby but the pig likes it. Without attention he'd curl up and die. Link to comment Share on other sites More sharing options...
jambovambo Posted January 29, 2013 Share Posted January 29, 2013 Graham Spiers?@GrahamSpiers After last 30 mins on here its scary to think of NimmoSmith finding against Rangers. Next, the Womens Rural with their vile anti-RFC agenda. Link to comment Share on other sites More sharing options...
jambovambo Posted January 29, 2013 Share Posted January 29, 2013 New today : http://blogs.channel4.com/alex-thomsons-view/rangers-face-massive-rewriting-football-club-history/3936 By the nature of these things, there will not be any kind of fanfare. It?s not the way of law lords. The Scottish Premier League (SPL) says merely that the room at Hampden is booked through till the end of the week, and that is about it. Low-key stuff for the stadium setting for a decision at last on what may ? or may not ? be the biggest cheating scandal in UK football history and, if a guilty decision is returned, beyond question one of the biggest cheating scandals in the history of British sport. At issue, did the old (pre-liquidation) Rangers FC fail to tell the football authorities all about the money it was paying players as part of an elaborate tax avoidance scheme ? a scheme which may yet be found to be illegal if HMRC wins its appeal? If they did not tell all, then Lord Nimmo Smith and his deputies, Charles Flint QC and Nicholas Stewart QC, can pretty much pass any and every sanction under the sun upon the old club, from expelling them from the league to asking them politely if they wouldn?t mind stop cheating. Since the old club is liquidated, this is somewhat academic . But it is all laid out in section G6 of the SPL rulebook. What the trio can very much do ? if they find that the authorities were not informed about full payments ? is rule that every time any of the players concerned kicked a football in earnest for Rangers, that match is forfeit because that player?s papers were not in order. This would clearly involve a massive and unprecedented re-writing of club history, re-engraving of a lot of silverware, and Rangers would be saddled with the reputation of being the biggest cheats in football history ? in sporting history. So rather a lot is at stake. The positive note for fans of Rangers and others, is that the first part of the process is simple and self-contained. The trio of the learned simply hear the arguments and submissions. They go away. They ponder. They judge. They punish. It is the Nimmo Smith independent commission which hands down sanctions upon the old club. According to the SPL, the club can then appeal, and this would be to the Scottish FA. It would seem on the face of it that the SFA have few options but to go along with the findings of the independent commission, or the independent commission would very soon end up looking not very independent. A reasonable outsider might make that observation. But in the cauldron of Glasgow football, nothing is quite so simple or clear cut. It?s high-tension stuff. Lord Nimmo Smith has already had to put out a statement pointing out that he is independent and objective. It?s rather like a polar bear pointing out that he?s white and furry. Yet in Glasgow football, such things are deemed necessary in the miasma of suspcicion that never lifts far from the Clyde. Equally Charles Green, the new boss of the new club at Ibrox, has gone out of his way to be rude about the independent commission, telling anybody who wants to listen that Rangers will boycott the entire process and yah boo sucks. Some might observe this is not the most tactically astute approach with regard to a law lord entrusted to investigate case where the lawyers say there is ?a case to answer?. But that is a matter for Mr Green. The independent commission nevertheless extends a welcome to Mr Green or his staff to attend at Hampden Park from today, should they so wish: ?Newco, as the current owner and operator of Rangers FC, although not alleged by the SPL to have committed any breach of SPL rules, will also have the right to appear and be represented at all hearings of the commission and to make such submissions as it thinks fit.? We do not, of course, know how long it will take the Hampden Three to reach a decision on whether or not Rangers were cheats on a massive or occasional scale, or indeed wholly innocent of the allegations put to them. But the odds are, it will be less agonising than the apparently unending tax case which continues to hang over the club. And it?s potentially all about titles, cups, championships, history, culture, reputation ? the things fans care a hell of a lot more about. Link to comment Share on other sites More sharing options...
jambovambo Posted January 29, 2013 Share Posted January 29, 2013 (edited) And a subsequent re English football : http://blogs.channel...ouse-order/3952 Includes : "The Scottish game may very well not have learned any lessons from the Rangers implosion. The English game gives every impression of never even having heard of Rangers, or Scottish football, at all. They simply appear too absorbed in the real issues like making sure their latest signings have the paint-job finished on the Bentley." Edited January 29, 2013 by jambovambo Link to comment Share on other sites More sharing options...
jambovambo Posted January 29, 2013 Share Posted January 29, 2013 is busy today : http://www.channel4.com/news/rangers-trophies-under-threat-as-commission-opens Link to comment Share on other sites More sharing options...
2NaFish Posted January 29, 2013 Share Posted January 29, 2013 is busy today : http://www.channel4....ommission-opens BUT BUT BUT 5 STARS!!?!?! I know loads of huns with 5 stars tattoos. How will this work? Link to comment Share on other sites More sharing options...
Footballfirst Posted January 29, 2013 Share Posted January 29, 2013 A "draft" copy of the 5-way-agreement has appeared on KDS. (No, I don't frequent there. I got the link from another website ) I don't know if it is authentic, but if it is genuine, then it shows the level of complicity of the footballing authorities to ease the Newco into the league set up at the highest possible level. It also appears to assume the guilt of RFC in the unregistered payments inquiry and the removal of titles. http://kerrydalestreet.co.uk/single/?p=12014473&t=8748656 Click on the "Spoiler" to reveal. It's not the easiest reading, but if you do, then watch the page numbering, i.e. read the right page before the left. Link to comment Share on other sites More sharing options...
Geoff Kilpatrick Posted January 29, 2013 Share Posted January 29, 2013 So the parachute was on. Any wonder this has been covered up? Link to comment Share on other sites More sharing options...
jambovambo Posted January 29, 2013 Share Posted January 29, 2013 A "draft" copy of the 5-way-agreement has appeared on KDS. (No, I don't frequent there. I got the link from another website ) I don't know if it is authentic, but if it is genuine, then it shows the level of complicity of the footballing authorities to ease the Newco into the league set up at the highest possible level. It also appears to assume the guilt of RFC in the unregistered payments inquiry and the removal of titles. http://kerrydalestreet.co.uk/single/?p=12014473&t=8748656 Click on the "Spoiler" to reveal. It's not the easiest reading, but if you do, then watch the page numbering, i.e. read the right page before the left. Hmmmph - spoiler doesn't work on my phone Link to comment Share on other sites More sharing options...
Shanks said no Posted January 29, 2013 Share Posted January 29, 2013 So St Mirren were winners of the 2009 - 10 League Cup Therefore their final defeat by a 9 man Oldco team is removed from the record books, along with Danny Wilson's sending off and subsequent suspension What was all the fuss about then Link to comment Share on other sites More sharing options...
The Gasman Posted January 29, 2013 Share Posted January 29, 2013 So St Mirren were winners of the 2009 - 10 League Cup Therefore their final defeat by a 9 man Oldco team is removed from the record books, along with Danny Wilson's sending off and subsequent suspension What was all the fuss about then Link to comment Share on other sites More sharing options...
DETTY29 Posted January 29, 2013 Share Posted January 29, 2013 A "draft" copy of the 5-way-agreement has appeared on KDS. (No, I don't frequent there. I got the link from another website ) I don't know if it is authentic, but if it is genuine, then it shows the level of complicity of the footballing authorities to ease the Newco into the league set up at the highest possible level. It also appears to assume the guilt of RFC in the unregistered payments inquiry and the removal of titles. http://kerrydalestre...14473&t=8748656 Click on the "Spoiler" to reveal. It's not the easiest reading, but if you do, then watch the page numbering, i.e. read the right page before the left. Haven't got time to read just now but what you have said re assumed guilt and stripping of titles/cups was what was leaked by 'someone' to the press. 2 Celtic minded people - Andrew Smith and Paul McConville (although he claims not) are adamant no awards will be stripped as the SFA/SPL have no idea how to deal with the outrage and backlash from Rangers. Now we have one of Scotland's most senior (ex) High Court judges and 2 renouned sports administrators QCs who will sit on the independent panel and not only decide on guilt or innocence, put if guilty, recommend punishment as well, which the SFA/SPL will have to consider whether to concur or reject. This is going to get really, really, messy. Link to comment Share on other sites More sharing options...
gogsfaesydney Posted January 30, 2013 Share Posted January 30, 2013 I've always wondered, what does the five stars actually stand for? Link to comment Share on other sites More sharing options...
Geoff Kilpatrick Posted January 30, 2013 Share Posted January 30, 2013 I've always wondered, what does the five stars actually stand for? One star represents ten titles of RFCRIP. Link to comment Share on other sites More sharing options...
Robbo 75 Posted January 30, 2013 Share Posted January 30, 2013 One star represents ten titles of RFCRIP. Also the Larger middle Star represents their European Trophy (Cup Winners Cup IIRC) Link to comment Share on other sites More sharing options...
Bowmans_Boot Posted January 30, 2013 Share Posted January 30, 2013 A "draft" copy of the 5-way-agreement has appeared on KDS. I lost interest here... Link to comment Share on other sites More sharing options...
Mysterion Posted January 30, 2013 Share Posted January 30, 2013 A "draft" copy of the 5-way-agreement has appeared on KDS. The authorities need to stand up to Rangers and hammer them with the agreements made in the the document. When push comes to shove there's only one person to blame if they don't like them - the guy who agreed to it all - Charles Green. Link to comment Share on other sites More sharing options...
Glamorgan Jambo Posted January 30, 2013 Share Posted January 30, 2013 A "draft" copy of the 5-way-agreement has appeared on KDS. (No, I don't frequent there. I got the link from another website ) I don't know if it is authentic, but if it is genuine, then it shows the level of complicity of the footballing authorities to ease the Newco into the league set up at the highest possible level. It also appears to assume the guilt of RFC in the unregistered payments inquiry and the removal of titles. http://kerrydalestre...14473&t=8748656 Click on the "Spoiler" to reveal. It's not the easiest reading, but if you do, then watch the page numbering, i.e. read the right page before the left. It's pretty obvious from the editing done on the document that the source of the leak was someone in Sevco. the document on it's own doesn't reveal much apart from giving a bit of extra fuel to Green and co to get more of the knuckle draggers onside. What would be of greater interest would be the context and discussions that led to this premature drafting of a 'global settlement' between RFC in all its incarnations and the football authorities. Link to comment Share on other sites More sharing options...
kingdannyb Posted January 30, 2013 Share Posted January 30, 2013 I still say Sevco will follow CheatsFC into oblivion. 335 days left of this year so probably next year. Link to comment Share on other sites More sharing options...
flecktimus Posted January 30, 2013 Share Posted January 30, 2013 Rangers refused permission to transfer player arbitration process http://www.bbc.co.uk/sport/0/football/21268775 Link to comment Share on other sites More sharing options...
jdl2002 Posted January 30, 2013 Share Posted January 30, 2013 Rangers refused permission to transfer player arbitration process http://www.bbc.co.uk...otball/21268775 charley will be raging Link to comment Share on other sites More sharing options...
Fozzyonthefence Posted January 30, 2013 Share Posted January 30, 2013 Rangers refused permission to transfer player arbitration process http://www.bbc.co.uk...otball/21268775 Sounds like basically because they are not the same club. I'm never too sure whether I would rather see Newco get hammered with Oldco's debts but treated as the same club or not take on any of the debts but not treated as the same club, lose their history, etc (I'm siding with the latter because this would hurt Green, the club & their fans more and that is really what happened). Interestingly, though, the article doesn't say who refused them permission?! Link to comment Share on other sites More sharing options...
Mysterion Posted January 31, 2013 Share Posted January 31, 2013 Haha! Get it right up ye Green! http://www.dailyrecord.co.uk/sport/football/football-news/rangers-lose-out-in-6m-compensation-1565475 Link to comment Share on other sites More sharing options...
Walter Bishop Posted January 31, 2013 Share Posted January 31, 2013 Link to comment Share on other sites More sharing options...
The Gasman Posted January 31, 2013 Share Posted January 31, 2013 Rangers refused permission to transfer player arbitration process http://www.bbc.co.uk/sport/0/football/21268775 BDO (the liquidators) may take an interest, as this seems to me to imply that there may still be a case for OldCo, just not for Green's NewCo. The thought of BDO possibly "winning" ?6,000,000 that Chuck thought was his, would doubtless set off another seethfest down Govan way. Link to comment Share on other sites More sharing options...
Fozzyonthefence Posted January 31, 2013 Share Posted January 31, 2013 BDO (the liquidators) may take an interest, as this seems to me to imply that there may still be a case for OldCo, just not for Green's NewCo. The thought of BDO possibly "winning" ?6,000,000 that Chuck thought was his, would doubtless set off another seethfest down Govan way. It would appear that Green has no understanding whatsoever of TUPE employment law and that there should be no compensation. He seesm to think that his purchase agreement included all the players' contracts, completly ignoring the fact that players had the right to (and some did) walk away under TUPE legislation. However, in the unlikely event that there should actually be compensation am I correct in thinking that this would now go to BDO to distribute amongst the creditors instead of to Newco, assuming Newco doesn't win their appeal? Link to comment Share on other sites More sharing options...
SUTOL Posted January 31, 2013 Share Posted January 31, 2013 Funny one, but it's more like: Have old Nokia 6210 on contract with Voda. Default on payments get contract cancelled. Get mum or dad to get new i-phone on contract with O2. Call i-phone, Nokia 6210. = Same phone. Link to comment Share on other sites More sharing options...
Harry Palmer Posted January 31, 2013 Share Posted January 31, 2013 Scotzine ?@scotzine Newco and Oldco Rangers were represented at the SPL's independent commission. The Commission has reserved judgement and will issue a full written decision in due course... Link to comment Share on other sites More sharing options...
2NaFish Posted January 31, 2013 Share Posted January 31, 2013 Scotzine ?@scotzine Newco and Oldco Rangers were represented at the SPL's independent commission. The Commission has reserved judgement and will issue a full written decision in due course... after all that, they attended. shower of windbags Link to comment Share on other sites More sharing options...
The Gasman Posted January 31, 2013 Share Posted January 31, 2013 It would appear that Green has no understanding whatsoever of TUPE employment law and that there should be no compensation. He seesm to think that his purchase agreement included all the players' contracts, completly ignoring the fact that players had the right to (and some did) walk away under TUPE legislation. However, in the unlikely event that there should actually be compensation am I correct in thinking that this would now go to BDO to distribute amongst the creditors instead of to Newco, assuming Newco doesn't win their appeal? Under TUPE Legislation players had the absolute right to move to another club, whether Green and/or NewCo liked it or not, and six of them chose to exercise that right. The only question mark seems to be if, under football rules, the Club they left (OldCo in this case) may be entitled to claim compensation from the Clubs that have signed them - this has not yet been answered. BDO are now "running" OldCo in effect, so if there is any compensation to be paid it would go to them for distribution to Creditors. These players never belonged to NewCo, so no compensation will ever be due to NewCo. Whether or not they win any appeal is, I think, an irrelevance. Link to comment Share on other sites More sharing options...
The Gasman Posted January 31, 2013 Share Posted January 31, 2013 after all that, they attended. shower of windbags Was there not some fudge where it was the Rangers Fans Fighting Fund were paying for lawyers to represent the NewCo, so Green could still claim that the Club would not attend..? Link to comment Share on other sites More sharing options...
The Comedian Posted January 31, 2013 Share Posted January 31, 2013 Was there not some fudge where it was the Rangers Fans Fighting Fund were paying for lawyers to represent the NewCo, so Green could still claim that the Club would not attend..? They were paying for the Oldco. Link to comment Share on other sites More sharing options...
Blackford Hearts Posted January 31, 2013 Share Posted January 31, 2013 "Mr Mure QC also on 31 January represented Rangers Football Club and The Rangers Football Club Ltd ("Newco") in regard to submissions on any possible sanction which might apply in the event that any breach was established. By some amazing coincidence oldco and sevco both picked the same QC. What's the chances........... Link to comment Share on other sites More sharing options...
Hagar the Horrible Posted January 31, 2013 Share Posted January 31, 2013 I love how that green states there is nothing won or lost at this stage, the fight still goes on. If he was to win the fight and be entitled to compensation for these players then surely the ?6m would be the property of BDO and given to the debtors, also it would class oldco the same as newco and as such be liable for the whole debt, including the ?15 paye/nic debt and the wee tax case. This Green Clown wants his cake and eat it. mind you idf this finding of EBT's and dual contracts being found innocent, then the oldco died for nothing, they could have easily traded out an ?18m debt by Lloyds/TSB/MIH/SDM Link to comment Share on other sites More sharing options...
7628mm Posted January 31, 2013 Share Posted January 31, 2013 (edited) "Mr Mure QC also on 31 January represented Rangers Football Club and The Rangers Football Club Ltd ("Newco") in regard to submissions on any possible sanction which might apply in the event that any breach was established. By some amazing coincidence oldco and sevco both picked the same QC. What's the chances........... In a proper court of law this just could not happen and one or the other would require to appoint a different QC Edited January 31, 2013 by 7628mm Link to comment Share on other sites More sharing options...
Gizmo Posted January 31, 2013 Share Posted January 31, 2013 Haha! Get it right up ye Green! http://www.dailyreco...nsation-1565475 Would be a real shame if Green was banking on that dosh for survival. Link to comment Share on other sites More sharing options...
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