Generic Sevco / Rangers meltdown thread

[CentreLine]

This quote is hidden because you are ignoring this member. Show Quote

Separate.

I learn this morning that the punishments handed down last night came from the panel which heard the disciplinary action and not the SFA themselves. The latter, apparently, are 'shocked' by the severity of the sanctions...

Excellent, who makes up that panel do we know?

[magpie1892]

This quote is hidden because you are ignoring this member. Show Quote

Excellent, who makes up that panel do we know?

Lord Nimmo Smith was one. The others I don't know. I assume this will come out presently, if it's not already out there...

[magpie1892]

This quote is hidden because you are ignoring this member. Show Quote

Cheers.

Do we know who's involved in that? The SPL board presumably, but who makes that up?

Pass. I'd do a bit of digging but I'm tied up right now. Anyone else want a stab at this?

[DMR1875]

just read this on the Huns Bear's den forum. priceless!


"Liquidation is only a few days away.

Brian Kennedy is a showboater, Miller the same and the Blue Knights seem to be penniless.

Lets turn this tragedy to our long term advantage, fight back, let this be our Dunkirk."

Dunkirk!! Is that the one of mass evacuation from European mainland not to return for another four years. I think this guy has just predicted his teams future!

[Gingertosser]

The telling thing coming out was the revelation by Whyte that he had dinner with Reagan & Ogilvie and was given assurances that he would face no sanctions regarding his disqualification as a director.
(convenienly missed out in all reports in todays DR - protecting their source Ogilvie? )

If the appeal is heard by the SFA and not the independant panel, can they not just reduce the fines/bans significantly.

I would ask Doncaster if he has had a similar dinner date with Whyte ??

The whole thing still stinks of 'Whytewash' only time will tell

[PatHead]

A statement from Rangers' joint administrator Paul Clark, of Duff & Phelps, read: "All of us working on behalf of the club are utterly shocked and dismayed by the draconian sanctions imposed on Rangers in respect of these charges.
"During this hearing, the club produced compelling evidence from a number of sources that, following his takeover, Craig Whyte ran the club in a thoroughly unaccountable manner, rather than adhering to a long-established and proper form of corporate governance."

Who are they trying to kid? The problems at Rangers were added to by Whyte not having any money but Rangers adhering to a long established and proper form of corporate governance, aye right. Take it these EBTs and dual contracts are part of this corporate governance, the Directors all blaming Murray group and SDM saying they didn't know what was happening is the normal way to run a business.....makes Maxwell look like he was innocent.

Why do the press not latch onto that?

[Hibernia&Alba]

This quote is hidden because you are ignoring this member. Show Quote

just read this on the Huns Bear's den forum. priceless!


"Liquidation is only a few days away.

Brian Kennedy is a showboater, Miller the same and the Blue Knights seem to be penniless.

Lets turn this tragedy to our long term advantage, fight back, let this be our Dunkirk."

Dunkirk!! Is that the one of mass evacuation from European mainland not to return for another four years. I think this guy has just predicted his teams future!

Very good!

[cad]

The photo above is of the New Independent Panel ,must say dont fancy Rangers chances ,TBH

[cabbageandribs1875]

[stokesmessiah]

It never rains, it pours...http://www.bbc.co.uk/sport/0/football/17823420

[CentreLine]

This quote is hidden because you are ignoring this member. Show Quote

The telling thing coming out was the revelation by Whyte that he had dinner with Reagan & Ogilvie and was given assurances that he would face no sanctions regarding his disqualification as a director.
(convenienly missed out in all reports in todays DR - protecting their source Ogilvie? )

If the appeal is heard by the SFA and not the independant panel, can they not just reduce the fines/bans significantly.

I would ask Doncaster if he has had a similar dinner date with Whyte ??

The whole thing still stinks of 'Whytewash' only time will tell

But we do have to remember that CW is a liar and having dinner is not a crime, it will be interesting however to hear Regan and Ogilvie's take on how the dinner went

[jonty]

This quote is hidden because you are ignoring this member. Show Quote

It never rains, it pours...http://www.bbc.co.uk/sport/0/football/17823420

If he's suspended, do they save money by not paying him? [insert cynical smiley]

[SurferRosa]

This quote is hidden because you are ignoring this member. Show Quote

an absolute gem:

"Never walk out on the players during a game. Walk out on them after the game."

I must have been protesting every time I went to a Hibs game then, as I usually walked out after the game!

.......oh dear, that`ll certainly have the SFA chiefs regretting their actions.

What a buffoon......

[HibeeMG]

This quote is hidden because you are ignoring this member. Show Quote

They are appealling....(cue the Carry On joke)

http://www.rangers.co.uk/news/footba...rticle/2746199

Not sure if it's been mentioned, but:

This quote is hidden because you are ignoring this member. Show Quote

However, for Rangers, a ban on signing players will seriously undermine the Club's efforts to rebuild after being rendered insolvent.

Isn't administration supposed to stop you becoming insolvent? I thought trading whilst insolvent was illegal. Or is it proper legal jargon?

[Twa Cairpets]

This quote is hidden because you are ignoring this member. Show Quote

The telling thing coming out was the revelation by Whyte that he had dinner with Reagan & Ogilvie and was given assurances that he would face no sanctions regarding his disqualification as a director.(convenienly missed out in all reports in todays DR - protecting their source Ogilvie? )

If the appeal is heard by the SFA and not the independant panel, can they not just reduce the fines/bans significantly.

I would ask Doncaster if he has had a similar dinner date with Whyte ??

The whole thing still stinks of 'Whytewash' only time will tell

and of course Whyte has never been known to, shall we say, somewhat garnish the truth, has he? Frankly, I don't believe for a nano-second that Regan said anything remotely like this. Ogilvie, I'm not so sure, but Regan? - not a chance.

[IndieHibby]

RFC - The gift that just keeps on giving.

[SurferRosa]

The morons have got one thing right anyway......they most definately ARE being treated differently from other clubs.

Any one of the rest of us would have been history by now...

" We need Walter and Ally to speak out and defend our club. Both are well respected in the football world and they should say how the Sfa have it in for our club, and why we are treated different from other clubs. ".........

[HUTCHYHIBBY]

Good that they waited until St Georges Day to announce these measures!

[Caversham Green]

This quote is hidden because you are ignoring this member. Show Quote

Not sure if it's been mentioned, but:



Isn't administration supposed to stop you becoming insolvent? I thought trading whilst insolvent was illegal. Or is it proper legal jargon?

Administration is really an admission that the company is insolvent and an attempt to return it to solvency. Trading while insolvent is illegal, but not in a criminal sense - maybe 'unlawful' is a better word. The consequences of trading while insolvent only arise where a creditor suffers a loss because he was unaware of the insolvency, at which point he can pursue the directors personally for settlement. At the point where the administrators find they will be incurring further debt with no prospect of it being paid through trading they will have no alternative but to cease trading and commence liquidation proceedings. In RFC's case, I think that point is approaching very fast.

[green glory]

The only question now Is whether they'll limp on till the last game of the season. Bill Miller and The Blue *****s will probably do a 180 now. So do the admins cost the creditors more money by dragging the stinking corpse all the way to May 13th, or do they do the humane thing and just put them to death now?

[stokesmessiah]

They seem slightly upset...http://www.bbc.co.uk/sport/0/football/17825207

[Winston Ingram]

This quote is hidden because you are ignoring this member. Show Quote

They seem slightly upset...http://www.bbc.co.uk/sport/0/football/17825207

What are these wallopers all about?

They break rules and live beyond there means for over 20 years and because they've broken so many that they've crippled themselves they want help?

That's like a mass-murderer wanting a discount on his sentence for the more people he's killed.

Let the twats protest. At this rate they aren't going to have any games to protest at anyway

[Sean1875]

This quote is hidden because you are ignoring this member. Show Quote

They seem slightly upset...http://www.bbc.co.uk/sport/0/football/17825207

protesting at the cup final... good luck with that.

[Spike Mandela]

This quote is hidden because you are ignoring this member. Show Quote

A statement from Rangers' joint administrator Paul Clark, of Duff & Phelps, read: "All of us working on behalf of the club are utterly shocked and dismayed by the draconian sanctions imposed on Rangers in respect of these charges.
"During this hearing, the club produced compelling evidence from a number of sources that, following his takeover, Craig Whyte ran the club in a thoroughly unaccountable manner, rather than adhering to a long-established and proper form of corporate governance."

Who are they trying to kid? The problems at Rangers were added to by Whyte not having any money but Rangers adhering to a long established and proper form of corporate governance, aye right. Take it these EBTs and dual contracts are part of this corporate governance, the Directors all blaming Murray group and SDM saying they didn't know what was happening is the normal way to run a business.....makes Maxwell look like he was innocent.

Why do the press not latch onto that?

Ha Ha. Only in this country could this punishment be considered 'Draconian'. In most other footballing nations this would be considered lenient.

[Spike Mandela]

This quote is hidden because you are ignoring this member. Show Quote

They seem slightly upset...http://www.bbc.co.uk/sport/0/football/17825207

The siege mentality will well and truly kick in now. Expect history to be rewritten about how the 'establishment' has always had it in for Rangers.

[Andy74]

This quote is hidden because you are ignoring this member. Show Quote

The siege mentality will well and truly kick in now. Expect history to be rewritten about how the 'establishment' has always had it in for Rangers.

What a bunch of wallopers. Supremicist half witted erses who are so used to being 'the people' that the very thought of being punished like the rest of us has them raging.

It's just a pity that Rangers could die but there would still need to be someplace for these morons to go.

[Part/Time Supporter]

This quote is hidden because you are ignoring this member. Show Quote

protesting at the cup final... good luck with that.

Bring it on.

[magpie1892]

This quote is hidden because you are ignoring this member. Show Quote

Ha Ha. Only in this country could this punishment be considered 'Draconian'. In most other footballing nations this would be considered lenient.

Totally agree.

They're going to go bust anyway but notwithstanding the outcome of BTC and the dual contracts shenanigans, there's a solid case to expel hun from Scottish Football immediately.

[gringojoe]

As they have not even paid for Jelavic and Wallace yet what club would be willing to take their word that they would pay the fee? Transfer ban is the least of their problems. GGTTH.

[jacomo]

This quote is hidden because you are ignoring this member. Show Quote

The siege mentality will well and truly kick in now. Expect history to be rewritten about how the 'establishment' has always had it in for Rangers.

Yes, unless the authorities bend the rules to bale them out (thus destroying what little integrity the game has left) then it just *proves* that they have it in for Rangers.