periodictabledancer Posted November 16, 2023 Share Posted November 16, 2023 2 hours ago, noskillson said: That might be construed as a malicious procecution I wouldn't disagree. Quote Link to comment Share on other sites More sharing options...
Corstorphine Jambo Posted November 16, 2023 Share Posted November 16, 2023 I believe there is likely to be a public enquiry on this. The Lord Advocate at the time was Frank Mulholland. The fact he was, and possibly still is, a Celtic shareholder will no doubt be raised. He left to become a judge leaving his successor to apologise. Football loyalties aside, it’s a quite staggering amount of money. With, to date, nobody being held responsible Quote Link to comment Share on other sites More sharing options...
davemclaren Posted November 16, 2023 Share Posted November 16, 2023 2 minutes ago, Corstorphine Jambo said: I believe there is likely to be a public enquiry on this. The Lord Advocate at the time was Frank Mulholland. The fact he was, and possibly still is, a Celtic shareholder will no doubt be raised. He left to become a judge leaving his successor to apologise. Football loyalties aside, it’s a quite staggering amount of money. With, to date, nobody being held responsible 'The Scottish Government and the Lord Advocate have said an inquiry can take place once the civil cases have concluded.' Quote Link to comment Share on other sites More sharing options...
Footballfirst Posted November 16, 2023 Share Posted November 16, 2023 2 minutes ago, Corstorphine Jambo said: I believe there is likely to be a public enquiry on this. The Lord Advocate at the time was Frank Mulholland. The fact he was, and possibly still is, a Celtic shareholder will no doubt be raised. He left to become a judge leaving his successor to apologise. Football loyalties aside, it’s a quite staggering amount of money. With, to date, nobody being held responsible The Scottish Government promised an inquiry once all the legal cases ended. However, I fear that no-one will be brought to book for their failings. File alongside the Covid and Post Office Horizon IT inquiries. Quote Link to comment Share on other sites More sharing options...
Corstorphine Jambo Posted November 16, 2023 Share Posted November 16, 2023 Thanks both for confirming. Could be a long wait! I read a while back that Mulholland was advised by many not to proceed. There can be no guarantee of success in any prosecution, I get that, but a public position like that has to carry some level of accountability. Quote Link to comment Share on other sites More sharing options...
Toxteth O'Grady Posted November 16, 2023 Share Posted November 16, 2023 The idiot Judge who said there was no sporting advantage gained by giving players EBT’s needs his baws kicked too. Quote Link to comment Share on other sites More sharing options...
JamboAl Posted November 17, 2023 Author Share Posted November 17, 2023 (edited) FAO Admin This thread suggests I initiated it which is incorrect. Go back to page 1 where I was actually replying to another poster and rest assured there were many posts before 2019! Edited November 17, 2023 by JamboAl Quote Link to comment Share on other sites More sharing options...
Carl Fredrickson Posted November 17, 2023 Share Posted November 17, 2023 7 hours ago, JamboAl said: FAO Admin This thread suggests I initiated it which is incorrect. Go back to page 1 where I was actually replying to another poster and rest assured there were many posts before 2019! There was also another thread prior to their admin where someone (possibly others) had stated there was trouble at Ibrox. That was a very, very long thread too. This thread has been cleaned up a number of times too so if read from the start there will be some parts that may not read smoothly due to posts being removed. Quote Link to comment Share on other sites More sharing options...
Deevers Posted November 17, 2023 Share Posted November 17, 2023 10 hours ago, Footballfirst said: The Scottish Government promised an inquiry once all the legal cases ended. However, I fear that no-one will be brought to book for their failings. File alongside the Covid and Post Office Horizon IT inquiries. If you listen very, very carefully you can just about hear the sound of the carpet being lifted and a very soft brush carefully sweeping everything as far under it as possible. The Police, the Crown Office and the Scottish Government will want this scandal hushed up and buried and will hope with the passage of time it will fall out of the public eye. Absolutely no chance! Disgraceful that not one individual has been brought to book for any of this. Quote Link to comment Share on other sites More sharing options...
davemclaren Posted November 17, 2023 Share Posted November 17, 2023 9 hours ago, JamboAl said: FAO Admin This thread suggests I initiated it which is incorrect. Go back to page 1 where I was actually replying to another poster and rest assured there were many posts before 2019! Just bask in the glory. Quote Link to comment Share on other sites More sharing options...
John Findlay Posted November 17, 2023 Share Posted November 17, 2023 1 hour ago, Deevers said: If you listen very, very carefully you can just about hear the sound of the carpet being lifted and a very soft brush carefully sweeping everything as far under it as possible. The Police, the Crown Office and the Scottish Government will want this scandal hushed up and buried and will hope with the passage of time it will fall out of the public eye. Absolutely no chance! Disgraceful that not one individual has been brought to book for any of this. One Sir David Murray is beaming from ear to ear. Quote Link to comment Share on other sites More sharing options...
Mysterion Posted November 17, 2023 Share Posted November 17, 2023 29 minutes ago, John Findlay said: One Sir David Murray is beaming from ear to ear. The guy should have had his knighthood stripped from him for the complete shambles at MiM then subsequently his sale of The Rangers to avoid being liable for "potential" tax bills. Quote Link to comment Share on other sites More sharing options...
John Findlay Posted November 17, 2023 Share Posted November 17, 2023 1 minute ago, Mysterion said: The guy should have had his knighthood stripped from him for the complete shambles at MiM then subsequently his sale of The Rangers to avoid being liable for "potential" tax bills. Agreed, and doing gaol time too. Quote Link to comment Share on other sites More sharing options...
Sooks Posted November 17, 2023 Share Posted November 17, 2023 Too much to hope that the new Hun club will face any financial or legal issues now I assume ? Pity The new Huns seem pretty determined to Chuck cash away though so hopefully the same happens to them at some point Quote Link to comment Share on other sites More sharing options...
milky_26 Posted November 17, 2023 Share Posted November 17, 2023 1 hour ago, Mysterion said: The guy should have had his knighthood stripped from him for the complete shambles at MiM then subsequently his sale of The Rangers to avoid being liable for "potential" tax bills. Add in his poor attempt at trying to shag Joanna Lumley Quote Link to comment Share on other sites More sharing options...
Ex member of the SaS Posted November 17, 2023 Share Posted November 17, 2023 53 minutes ago, Sooks said: Too much to hope that the new Hun club will face any financial or legal issues now I assume ? Pity The new Huns seem pretty determined to Chuck cash away though so hopefully the same happens to them at some point They still have the court case over the strips contract. I think it's being reported they face a £9.7 million pay out. Quote Link to comment Share on other sites More sharing options...
Sooks Posted November 17, 2023 Share Posted November 17, 2023 Just now, Ex member of the SaS said: They still have the court case over the strips contract. I think it's being reported they face a £9.7 million pay out. That is something I suppose Quote Link to comment Share on other sites More sharing options...
MoncurMacdonaldMercer Posted November 17, 2023 Share Posted November 17, 2023 admin 2 at last Quote Link to comment Share on other sites More sharing options...
Footballfirst Posted November 17, 2023 Share Posted November 17, 2023 26 minutes ago, MoncurMacdonaldMercer said: admin 2 at last Rangers recent accounts showed that their salary bill was £64m. Celtic's was £61m on a turnover that was significantly higher. It's clear that Rangers aren't getting value for money for their spending. Quote Link to comment Share on other sites More sharing options...
Cruickie's Moustache Posted November 17, 2023 Share Posted November 17, 2023 59 minutes ago, Footballfirst said: Rangers recent accounts showed that their salary bill was £64m. Celtic's was £61m on a turnover that was significantly higher. It's clear that Rangers aren't getting value for money for their spending. Following on from the old SFM days, despite Euro cash are they still relying on loans from the board etc and converting those into worthless shares? Are 'going concern' warnings still being issued? Quote Link to comment Share on other sites More sharing options...
Deevers Posted November 17, 2023 Share Posted November 17, 2023 4 hours ago, John Findlay said: One Sir David Murray is beaming from ear to ear. He’s not the only one. The parade of complete chancers that followed on. Also those in the Crown Office and Police who were so over zealous and inept. £60 million and counting paid out in damages for a compete shitstorm and not one person has been brought to book. Only here! Quote Link to comment Share on other sites More sharing options...
buzzbomb1958 Posted November 17, 2023 Share Posted November 17, 2023 53 minutes ago, Cruickie's Moustache said: Following on from the old SFM days, despite Euro cash are they still relying on loans from the board etc and converting those into worthless shares? Are 'going concern' warnings still being issued? They make a loss every year and have to be bailed out with share issues and loans from their board members which has to be paid back why clubs are allowed to do this is a joke on the other foot Everton just been deducted 10 pts for the same sort of shenanigans Quote Link to comment Share on other sites More sharing options...
Footballfirst Posted November 17, 2023 Share Posted November 17, 2023 53 minutes ago, Cruickie's Moustache said: Following on from the old SFM days, despite Euro cash are they still relying on loans from the board etc and converting those into worthless shares? Are 'going concern' warnings still being issued? The auditors have accepted the directors assurances on this occasion i.e. the club has entered a secured funding arrangement with "investors" which lasts until the end on season 2027/28, so no warning. Quote Link to comment Share on other sites More sharing options...
Unknown user Posted November 17, 2023 Share Posted November 17, 2023 3 hours ago, buzzbomb1958 said: They make a loss every year and have to be bailed out with share issues and loans from their board members which has to be paid back why clubs are allowed to do this is a joke on the other foot Everton just been deducted 10 pts for the same sort of shenanigans Should we be deducted points? Quote Link to comment Share on other sites More sharing options...
MoncurMacdonaldMercer Posted November 17, 2023 Share Posted November 17, 2023 5 hours ago, Footballfirst said: Rangers recent accounts showed that their salary bill was £64m. Celtic's was £61m on a turnover that was significantly higher. It's clear that Rangers aren't getting value for money for their spending. great news - as I said hopefully the long predicted admin 2 eventually about to land Quote Link to comment Share on other sites More sharing options...
periodictabledancer Posted November 17, 2023 Share Posted November 17, 2023 37 minutes ago, ǝǝɥʇᴉɯS said: Should we be deducted points? Hearts don't run up losses/operate on the basis of director loans in the way The Rangers do. IIRC , it reached the point The Rangers had to reduce losses in order meet UEFA qualifying criteria although. of course, the SFA wasn't bothered because, well... Quote Link to comment Share on other sites More sharing options...
Unknown user Posted November 17, 2023 Share Posted November 17, 2023 7 minutes ago, periodictabledancer said: Hearts don't run up losses/operate on the basis of director loans in the way The Rangers do. IIRC , it reached the point The Rangers had to reduce losses in order meet UEFA qualifying criteria although. of course, the SFA wasn't bothered because, well... We do it in exactly the same way I'd say, except it's donations and not loans that cover us. IIRC £4.5m from James Anderson saw us wipe our face in the last accounts. Quote Link to comment Share on other sites More sharing options...
buzzbomb1958 Posted November 17, 2023 Share Posted November 17, 2023 54 minutes ago, ǝǝɥʇᴉɯS said: Should we be deducted points? Why? Quote Link to comment Share on other sites More sharing options...
Unknown user Posted November 17, 2023 Share Posted November 17, 2023 2 minutes ago, buzzbomb1958 said: Why? We make a loss every year and are bailed out by millions in benefactor donations. Quote Link to comment Share on other sites More sharing options...
buzzbomb1958 Posted November 17, 2023 Share Posted November 17, 2023 6 minutes ago, ǝǝɥʇᴉɯS said: We do it in exactly the same way I'd say, except it's donations and not loans that cover us. IIRC £4.5m from James Anderson saw us wipe our face in the last accounts. Sevco only get money by selling worthless shares and their directors give them loans which have to paid back with interest which then inflates their overspending, our benefactors do not gain shares , they can gift the club as much as they want Quote Link to comment Share on other sites More sharing options...
buzzbomb1958 Posted November 17, 2023 Share Posted November 17, 2023 1 minute ago, ǝǝɥʇᴉɯS said: We make a loss every year and are bailed out by millions in benefactor donations. Thats totally different a benefactor can gift as much cash as they want , Sevco get money by offering worthless shares in exchange and directors give them loans with interest which adds to the actual spending on the team there for financial doping comes into play , Any money Hearts recieve from benefactor is not used on the team it’s used on off field matters Quote Link to comment Share on other sites More sharing options...
Glamorgan Jambo Posted November 17, 2023 Share Posted November 17, 2023 17 minutes ago, ǝǝɥʇᴉɯS said: We do it in exactly the same way I'd say, except it's donations and not loans that cover us. IIRC £4.5m from James Anderson saw us wipe our face in the last accounts. £4 million from James Anderson. £0.5 million from other parties/party. the unique and special thing about James Anderson is his donations (which I’m sure are structured tax effectively) are just that. Donations. Directors loans eventually converted to equity are something else. There’s no way we’d get that amount of unconditional financial support if we weren’t supporter owned. Quote Link to comment Share on other sites More sharing options...
cazzyy Posted November 17, 2023 Share Posted November 17, 2023 8 hours ago, Mysterion said: The guy should have had his knighthood stripped from him for the complete shambles at MiM then subsequently his sale of The Rangers to avoid being liable for "potential" tax bills. Should have been up in court for it, wouldn't have had a leg to stand on. Quote Link to comment Share on other sites More sharing options...
Unknown user Posted November 17, 2023 Share Posted November 17, 2023 1 hour ago, Glamorgan Jambo said: £4 million from James Anderson. £0.5 million from other parties/party. the unique and special thing about James Anderson is his donations (which I’m sure are structured tax effectively) are just that. Donations. Directors loans eventually converted to equity are something else. There’s no way we’d get that amount of unconditional financial support if we weren’t supporter owned. Absolutely, but it seems to be that people think the rangers are at it while we're not. I'd be very surprised if fans of other clubs saw much difference, right or wrong. Quote Link to comment Share on other sites More sharing options...
buzzbomb1958 Posted November 17, 2023 Share Posted November 17, 2023 10 minutes ago, ǝǝɥʇᴉɯS said: Absolutely, but it seems to be that people think the rangers are at it while we're not. I'd be very surprised if fans of other clubs saw much difference, right or wrong. You are sounding very much like a mini hun why would anyone stick up for those horrible cheating ****s Quote Link to comment Share on other sites More sharing options...
Unknown user Posted November 17, 2023 Share Posted November 17, 2023 16 minutes ago, buzzbomb1958 said: You are sounding very much like a mini hun why would anyone stick up for those horrible cheating ****s I'm saying the two situations are pretty similar, that's all. Quote Link to comment Share on other sites More sharing options...
mrcrisps Posted November 17, 2023 Share Posted November 17, 2023 21 minutes ago, ǝǝɥʇᴉɯS said: I'm saying the two situations are pretty similar, that's all. They might *look* similar to you. From an accounting perspective and from a company strategy perspective they are miles apart. Quote Link to comment Share on other sites More sharing options...
periodictabledancer Posted November 17, 2023 Share Posted November 17, 2023 52 minutes ago, ǝǝɥʇᴉɯS said: Absolutely, but it seems to be that people think the rangers are at it while we're not. I'd be very surprised if fans of other clubs saw much difference, right or wrong. The Rangers raised£xx milion from their opening share issue and pissed it away. Two years later , and pretty much every year since,they have continued to lose money in their desperation to catch Celtic. The Rangers had to reduce their debt to get into Europe IIRC so it doesn't appear to me Hearts are in any way similar. Quote Link to comment Share on other sites More sharing options...
buzzbomb1958 Posted November 17, 2023 Share Posted November 17, 2023 30 minutes ago, ǝǝɥʇᴉɯS said: I'm saying the two situations are pretty similar, that's all. Nowhere near for the reasons pointed out Sevco would be delighted if they were run as good as us Quote Link to comment Share on other sites More sharing options...
Unknown user Posted November 17, 2023 Share Posted November 17, 2023 Just now, periodictabledancer said: The Rangers raised£xx milion from their opening share issue and pissed it away. Two years later , and pretty much every year since,they have continued to lose money in their desperation to catch Celtic. The Rangers had to reduce their debt to get into Europe IIRC so it doesn't appear to me Hearts are in any way similar. That's not the point at all though. Millions in external money has been pumped in to both clubs so they can spend more. Why is this a controversial thing to say? Quote Link to comment Share on other sites More sharing options...
pennyjambo22 Posted November 17, 2023 Share Posted November 17, 2023 6 hours ago, buzzbomb1958 said: They make a loss every year and have to be bailed out with share issues and loans from their board members which has to be paid back why clubs are allowed to do this is a joke on the other foot Everton just been deducted 10 pts for the same sort of shenanigans They are allowed to make 105 million pounds loss over 3 seasons before breaking the rules! 5 and a bit of our record turnover this season🤔🤔 Quote Link to comment Share on other sites More sharing options...
BlueRiver Posted November 17, 2023 Share Posted November 17, 2023 2 hours ago, ǝǝɥʇᴉɯS said: We do it in exactly the same way I'd say, except it's donations and not loans that cover us. IIRC £4.5m from James Anderson saw us wipe our face in the last accounts. Totally agree. Even the share issues don't seem overly controversial to me. If Rangers fans are happy buying them up how is it a great deal different to us donating to FoH? (In practice rather than theory here before someone tries to come steaming in) Quote Link to comment Share on other sites More sharing options...
BlueRiver Posted November 17, 2023 Share Posted November 17, 2023 1 hour ago, buzzbomb1958 said: You are sounding very much like a mini hun why would anyone stick up for those horrible cheating ****s 🤣🤣 And you sound like a Tim utterly red in the face that someone isn't pissing their knickers over Rangers' finances. Quote Link to comment Share on other sites More sharing options...
periodictabledancer Posted November 17, 2023 Share Posted November 17, 2023 19 minutes ago, ǝǝɥʇᴉɯS said: That's not the point at all though. Millions in external money has been pumped in to both clubs so they can spend more. Why is this a controversial thing to say? I never said it's controversial and you haven't addressed a single thing I've said so I'll leave you to it. Quote Link to comment Share on other sites More sharing options...
buzzbomb1958 Posted November 17, 2023 Share Posted November 17, 2023 14 minutes ago, pennyjambo22 said: They are allowed to make 105 million pounds loss over 3 seasons before breaking the rules! 5 and a bit of our record turnover this season🤔🤔 They should be made to live within their means otherwise it’s financial doping which to me is cheating Quote Link to comment Share on other sites More sharing options...
buzzbomb1958 Posted November 17, 2023 Share Posted November 17, 2023 8 minutes ago, BlueRiver said: 🤣🤣 And you sound like a Tim utterly red in the face that someone isn't pissing their knickers over Rangers' finances. Yer moniker says it all away back to bears den Quote Link to comment Share on other sites More sharing options...
BlueRiver Posted November 17, 2023 Share Posted November 17, 2023 3 minutes ago, buzzbomb1958 said: Yer moniker says it all away back to bears den 🤣 "this guy has blue in his name". What a state. Quote Link to comment Share on other sites More sharing options...
buzzbomb1958 Posted November 17, 2023 Share Posted November 17, 2023 1 minute ago, BlueRiver said: 🤣 "this guy has blue in his name". What a state. Exactly probably got a Union Jack with the red hand of Ulster above his bed and a duvet cover to match Quote Link to comment Share on other sites More sharing options...
BlueRiver Posted November 17, 2023 Share Posted November 17, 2023 Most of Scottish football would be gone if you rockets had your way and its already on its arse as it is. If they need to go into admin they'll go into admin. Pishing your pants that they've posted losses isn't going to speed it up. Quote Link to comment Share on other sites More sharing options...
Unknown user Posted November 17, 2023 Share Posted November 17, 2023 11 minutes ago, periodictabledancer said: I never said it's controversial and you haven't addressed a single thing I've said so I'll leave you to it. Why would I if it's not relevant? The lad reckons the rangers should be deducted points for living outwith their means and relying on external funding to balance the books. Meanwhile we do the same 🤷♂️ Quote Link to comment Share on other sites More sharing options...
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