Generic Sevco / Rangers meltdown thread

Quote:

---

Originally Posted by Lucius Apuleius

You make a very good point. Would the same have happened pre internet days?

---

What, all 13,682 of us? :wink:

Quote:

---

Originally Posted by Onion

Any club who's position is more influenced by financial need than sporting integrity should probably be out of business anyway, and should not be a part of this league. Their position is fatally and morally compromised. The Killie Board should have the guts to recognise this and restructure the club. If that means going into Admin, starting again with a sustainable financial model, then so be it.

If one thing has come out of this it's that other SPL teams can't live or die on the existence of 2 other teams who they have no control over.

---

"Going into admin and starting again with a sustainable financial model" is all very well for you, the Killie Board, and the clubs supporters. What about the local businesses who have supplied goods and services to Killie in good faith - many of which will be owned or run by supporters - whose bills won't be paid? Should they just have to take the hit and like it or lump it?

As another poster has pointed out, if it were not for the great good fortune we enjoyed with 'the golden generation", who brought us in about 12 million in transfer fees, we ourselves would be in a very difficult place. We were lucky enough to be able to sort out our financial problems with the minimum of off-field disruption.

Suppose we hadn't had that good fortune, and you were the owner of a small business who stood to lose your living, along with your employees, while Hibs "went into admin, and started again with a sustainable financial model" How cavalier would your talk be then?

I think some people on this board are overdosing on self-righteousness.

Quote:

---

Originally Posted by Nailrod

"Going into admin and starting again with a sustainable financial model" is all very well for you, the Killie Board, and the clubs supporters. What about the local businesses who have supplied goods and services to Killie in good faith - many of which will be owned or run by supporters - whose bills won't be paid? Should they just have to take the hit and like it or lump it?

As another poster has pointed out, if it were not for the great good fortune we enjoyed with 'the golden generation", who brought us in about 12 million in transfer fees, we ourselves would be in a very difficult place. We were lucky enough to be able to sort out our financial problems with the minimum of off-field disruption.

Suppose we hadn't had that good fortune, and you were the owner of a small business who stood to lose your living, along with your employees, while Hibs "went into admin, and started again with a sustainable financial model" How cavalier would your talk be then?

I think some people on this board are overdosing on self-righteousness.

---

:agree:

Don't forget selling the old car park (waste ground) behind the terracing near the top of the property bubble, that got us almost another £10M. For all the talk of Petrie's financial acumen and "wock solid" accounts, Hibs have had some pretty hefty slices of luck.

Quote:

---

Originally Posted by Nailrod

"Going into admin and starting again with a sustainable financial model" is all very well for you, the Killie Board, and the clubs supporters. What about the local businesses who have supplied goods and services to Killie in good faith - many of which will be owned or run by supporters - whose bills won't be paid? Should they just have to take the hit and like it or lump it?

As another poster has pointed out, if it were not for the great good fortune we enjoyed with 'the golden generation", who brought us in about 12 million in transfer fees, we ourselves would be in a very difficult place. We were lucky enough to be able to sort out our financial problems with the minimum of off-field disruption.

Suppose we hadn't had that good fortune, and you were the owner of a small business who stood to lose your living, along with your employees, while Hibs "went into admin, and started again with a sustainable financial model" How cavalier would your talk be then?

I think some people on this board are overdosing on self-righteousness.

---

What do you suggest we should have done, cheated the tax man? We got into that mess because we overspent, that was our fault completely. As in any other walk of life, if you spend a penny more than you earn, you are very soon going to find you have problems.

Now you either address those problems, and run more efficiently, or you get into more debt and in my opinion thats not advisable.

Running Kilmarnock's finances on the amount of Rangers fans they get through the door is a ridiculous way to work, their attendance should be looked at as a bonus, not a way of breaking even.

Quote:

---

Originally Posted by Jim44

Glad to hear somebody else voicing this opinion. I've mentioned it a few times but felt that I was being accused of being unnecessarily vindictive since a 'no' vote was assured and it didn't matter what the fence-sitters were going to do. I hope Johnston and Killie get it tight next season.

---

Johnston is by all accounts a Hun first, Killie second man, Kenny Shiels much the same. The Killie fans, on the other hand, are solidly behind blocking New Huns and will vote accordingly, imo.

Now is not the time to drive wedges between the other clubs. We should rally round all the remaining SPL clubs. Hopefully, the Killie fans will get rid of this chancer running their club.

http://www.telegraph.co.uk/sport/foo...vic-debt.html#


Yet another problem for Mr Green. I can see a UEFA ruling that all these debts have to be cleared before Sevco Gers are allowed to play in Europe once their 3 year ban is up.

That will be another £ 2 million the Yorkshire Lad will have to charm out of his " consortium ". :greengrin

Quote:

---

Originally Posted by JeMeSouviens

Johnston is by all accounts a Hun first, Killie second man, Kenny Shiels much the same. The Killie fans, on the other hand, are solidly behind blocking New Huns and will vote accordingly, imo.

Now is not the time to drive wedges between the other clubs. We should rally round all the remaining SPL clubs. Hopefully, the Killie fans will get rid of this chancer running their club.

---

:top marks

Quote:

---

Originally Posted by greenginger

http://www.telegraph.co.uk/sport/foo...vic-debt.html#


Yet another problem for Mr Green. I can see a UEFA ruling that all these debts have to be cleared before Sevco Gers are allowed to play in Europe once their 3 year ban is up.

That will be another £ 2 million the Yorkshire Lad will have to charm out of his " consortium ". :greengrin

---

I think they've got that wrong. According to the CVA proposal the amount due from Everton will go to the old club and become part of the liquidation fund.

Always knew he was a few sandwiches short but it appears Lee Wallace has agreed to transfer to the newco, does that mean that the newco will still have to stump up the cash for him or face sanctions or does that still lie with the Huns?

Quote:

---

Originally Posted by Mon Dieu4

Always knew he was a few sandwiches short but it appears Lee Wallace has agreed to transfer to the newco, does that mean that the newco will still have to stump up the cash for him or face sanctions or does that still lie with the Huns?

---

Story here: http://forum.rangersmedia.co.uk/inde...owtopic=223999

Also, just a thought. That website is "Official". Official to who? Oldhun are liquidated, and therefore shouldnt presumably be incurring further cost in maintaining a website promoting a now non-existent football team. If its for newhunsevco, then why are they called Rangers, why do they have the badge with the stars, and most laughably, who do they have a little logo saying "1872-2012" celebrating 140 years...:greengrin.

Quote:

---

Originally Posted by Mon Dieu4

Always knew he was a few sandwiches short but it appears Lee Wallace has agreed to transfer to the newco, does that mean that the newco will still have to stump up the cash for him or face sanctions or does that still lie with the Huns?

---

That is a strange one. You'd expect that if his contract is transferred from oldHun to newHun then so would the balance of his unpaid transfer fee. If not, this looks very like the asset stripping that Green was being accused of planning.

Quote:

---

Originally Posted by Geo_1875

That is a strange one. You'd expect that if his contract is transferred from oldHun to newHun then so would the balance of his unpaid transfer fee. If not, this looks very like the asset stripping that Green was being accused of planning.

---

The whole thing is bizarre. I don't see how football regulations would allow either Oldco or Newco to hold on to the registration of a player they never paid for.

Quote:

---

Originally Posted by JeMeSouviens

Johnston is by all accounts a Hun first, Killie second man, Kenny Shiels much the same. The Killie fans, on the other hand, are solidly behind blocking New Huns and will vote accordingly, imo.

Now is not the time to drive wedges between the other clubs. We should rally round all the remaining SPL clubs. Hopefully, the Killie fans will get rid of this chancer running their club.

---

Point taken. If Johnston votes 'no' it will be purely because of the fans and I would reluctantly give them the benefit of the doubt. Likewise I would hope the fans would take some in-house measures to vent their feelings and objections to their unprincipled chairman.

Quote:

---

Originally Posted by Geo_1875

That is a strange one. You'd expect that if his contract is transferred from oldHun to newHun then so would the balance of his unpaid transfer fee. If not, this looks very like the asset stripping that Green was being accused of planning.

---

I think 'theft' is a more realistic term to use here.

I suspect that those players that will get their wages matched elsewhere will not transfer over to Newco. Those on high wages that will struggle to get them matched will transfer over.
I suspect the decisions will be purely financial, rather than any sense of loyalty to Mr Green.

This is fine though, because it will not suit Newco to be paying large wages for players if they are playing in Division 3 (if at all).

Quote:

---

Originally Posted by StevieC

I suspect that those players that will get their wages matched elsewhere will not transfer over to Newco. Those on high wages that will struggle to get them matched will transfer over.
I suspect the decisions will be purely financial, rather than any sense of loyalty to Mr Green.

This is fine though, because it will not suit Newco to be paying large wages for players if they are playing in Division 3 (if at all).

---

Yep. I suspect many will transfer, take the big wage and wait until Rangers need to sell them.

Quote:

---

Originally Posted by greenginger

http://www.telegraph.co.uk/sport/foo...vic-debt.html#


Yet another problem for Mr Green. I can see a UEFA ruling that all these debts have to be cleared before Sevco Gers are allowed to play in Europe once their 3 year ban is up.

That will be another £ 2 million the Yorkshire Lad will have to charm out of his " consortium ". :greengrin

---

Quote:

---

Originally Posted by Mon Dieu4

Always knew he was a few sandwiches short but it appears Lee Wallace has agreed to transfer to the newco, does that mean that the newco will still have to stump up the cash for him or face sanctions or does that still lie with the Huns?

---

Hmmm.... pop quiz for the Huns....

Is it the same old club under a new company? (therefore all footy penalties will apply)

OR

is it a nice shiney new club created by Sevco who managed to buy the assets of the dead and buried old club (= no footy "penalties" but you're starting again so I hope you were getting your SFL application ready while you wasted time with an SPL application)

:greengrin


oh and PS.... as you all said you didnae want to see the rules changed to punish you "more" than deserved I guess that means you do want to start of correctly in the existing structure..... so just remember to include Sevco's accounts for the last 3 years or you'll be bumped from the SFL application as well! :cb

Quote:

---

Originally Posted by grunt

Interesting to note that the word "integrity" is not mentioned at all in this statement. And is it not more than a little pathetic to include the phrase, "Kilmarnock Football Club, which is of course entirely blameless in this situation..."? Does he mean to imply that other SPL clubs ARE to blame? Thank heavens he's not our Chairman.

---

They could always resign from the SPL if they cant afford to play in it......i`m fairly sure that SFL costs wont be as high. Cut your cloth and find your level, clearly the SPL is to high a level for Kilmarnock.

With the wages due in the next few days, where is the money coming from exactly? Green has not even come up with the full £5.5m yet and its rumoured that there is no Newco bank account........,


Goodbye dear Hun, you will not be missed.



:bye:

From the Raith Rovers Official site - http://www.raithrovers.net/3766/stat...-directors.htm

Raith Rovers FC continues to closely monitor developments in the saga of who will replace the liquidated Rangers within Scottish football.
As proud members of the Scottish Football League, we may soon be called upon to consider proposals for the way forward not only in relation to any vacancy that may arise in our league but also in respect of the future construction of the game in Scotland.
Whilst we retain an open mind on the subject of league reconstruction, and will carefully consider any proposal put to us by the SFL board in this regard, the board of directors of Raith Rovers FC is unanimous in its view that we shall certainly not cast our vote in favour of any integrated plan that in our view compromises sporting integrity by involving the admission of any ‘Newco’ directly into Division One.

:aok::thumbsup:

Quote:

---

Originally Posted by JeMeSouviens

Johnston is by all accounts a Hun first, Killie second man, Kenny Shiels much the same. The Killie fans, on the other hand, are solidly behind blocking New Huns and will vote accordingly, imo.

Now is not the time to drive wedges between the other clubs. We should rally round all the remaining SPL clubs. Hopefully, the Killie fans will get rid of this chancer running their club.

---

This, clubs really do have to stick together right now, clubs who vote yes should definitely get it tight.
Killie fans also want newco to be burned, their clubs have to listen to the fans, theres no other way, chairmen who vote for newco will have to take the consequences from their own fans anger, non-renewals and having less or no visiting supporters, its that simple.
This coming season could be a real eye opener, I truly believe that if newco are burned to div 3 you will see a more competitive and better SPL than in previous years, fans will be relieved and happy there are no visits to and from the Bigot den Ibrox. Im not saying attendances will go up, as many will still be aggrieved at the Medias,SPL,s and SFA,s handling, bending over backwards,lack of action, asskissin of the bun and may be lost to the game already, but, as I say, the season WILL be alot more enjoyable .
I envisage a bigger league, a better set up and fans coming back to the game in the coming next years. Just a pity they hadnt left us to England a few years earlier, mind you watching them going tits up over the past few months and watching supporters from all over Scotland joining as one against them has been ****ing wonderful and has made it a brilliant spectacle. All we need to do now once they have been burned is demand action on their bigot fans and put in place a penalty system of points deducted, relegated etc in place, for when they are re-admitted to the bottom of the 3rd in the SFL, kick the *******s while they are down, its the only way they will learn.

Glory Glory to the SPL supporters.

Quote:

---

Originally Posted by NJ Hibee

From the Raith Rovers Official site - http://www.raithrovers.net/3766/stat...-directors.htm

Raith Rovers FC continues to closely monitor developments in the saga of who will replace the liquidated Rangers within Scottish football.
As proud members of the Scottish Football League, we may soon be called upon to consider proposals for the way forward not only in relation to any vacancy that may arise in our league but also in respect of the future construction of the game in Scotland.
Whilst we retain an open mind on the subject of league reconstruction, and will carefully consider any proposal put to us by the SFL board in this regard, the board of directors of Raith Rovers FC is unanimous in its view that we shall certainly not cast our vote in favour of any integrated plan that in our view compromises sporting integrity by involving the admission of any ‘Newco’ directly into Division One.

:aok::thumbsup:

---

No surprises here considering the drooling maggot-folk of Mordor were all for torching Stark's Park.

Once we start getting similar statements from Elgin City and Albion Rovers, Charlie Green would be as well bringing in the bulldozers.

I know Alex Thomson has spoken a lot of sense since this entire saga began to unfold in February, but I thought this was in very poor taste indeed:

http://i48.tinypic.com/2s1rh8p.gif

He has since apologised on Twitter, saying he "wasn't aware of the nature of the memorial".

For someone who has done so much research into the club this past year, I find this astonishing to be honest.

Quote:

---

Originally Posted by The Story So Far...

I know Alex Thomson has spoken a lot of sense since this entire saga began to unfold in February, but I thought this was in very poor taste indeed:

http://i48.tinypic.com/2s1rh8p.gif

He has since apologised on Twitter, saying he "wasn't aware of the nature of the memorial".

For someone who has done so much research into the club this past year, I find this astonishing to be honest.

---

I did'nt know the nature of it either, but I can guess what it is now.


An honest mistake, which he has apologised for.



:cb

Lee Wallace

His position is just mental. Green has no intention of stumping up big wages to keep this club going - wherever that may be. Whittaker and Naismith could see that, so the choices for them (as with Wallace), given that they would never kick a ball again for any version of the huns, was to go to the Newco and be sold off to the highest bidder as soon as, or take control of their own destiny and refuse - thereby negotiating on their own terms with a club of their choosing. Its a no-brainer! Who the hell is advising Wallace on that one? Even if he could not secure top dollar wage-wise with a new club, he would more than make up the difference with a negotiated signing-on fee as a free agent. Mental!!

Quote:

---

Originally Posted by johnrebus

I did'nt know the nature of it either, but I can guess what it is now.


An honest mistake, which he has apologised for.



:cb

---

Except, he did know about the nature of the memorial:

http://blogs.channel4.com/alex-thoms...ngers-rack/818

Considering Green's ham-fisted attempts at negotiating with the SPL, the other clubs chairmen and the PFA, would it be too cynical to suggest he's trying to piss off everyone accidentally on purpose?

After all he's made no secret he's in this for the money despite his overtures to the orcs.

Maybe no real intention to play football at Ibroke, just after the assets and that's always been the plan?

Quote:

---

Originally Posted by The Story So Far...

I know Alex Thomson has spoken a lot of sense since this entire saga began to unfold in February, but I thought this was in very poor taste indeed:

http://i48.tinypic.com/2s1rh8p.gif

He has since apologised on Twitter, saying he "wasn't aware of the nature of the memorial".

For someone who has done so much research into the club this past year, I find this astonishing to be honest.

---

Shirley that image is taking the piss out of John Greig, whom Thomson has repeatedly vilified in his blogs for walking away from his legal responsibilities as a director, rather than taking the piss out of the memory of dead fitba fans? :confused:

Quote:

---

Originally Posted by The Story So Far...

I know Alex Thomson has spoken a lot of sense since this entire saga began to unfold in February, but I thought this was in very poor taste indeed:

http://i48.tinypic.com/2s1rh8p.gif

He has since apologised on Twitter, saying he "wasn't aware of the nature of the memorial".

For someone who has done so much research into the club this past year, I find this astonishing to be honest.

---

I posted this the other day, I had no idea what it was for either. Why would he post it knowing what it meant?

Have a think.

Quote:

---

Originally Posted by reallapsedhibee

Shirley that image is taking the piss out of John Greig, whom Thomson has repeatedly vilified in his blogs for walking away from his legal responsibilities as a director, rather than taking the piss out of the memory of dead fitba fans? :confused:

---

:agree:

Quote:

---

Originally Posted by reallapsedhibee

Shirley that image is taking the piss out of John Greig, whom Thomson has repeatedly vilified in his blogs for walking away from his legal responsibilities as a director, rather than taking the piss out of the memory of dead fitba fans? :confused:

---

Quite possibly, but knowing the significance of the statue, surely you would find another way to symbolise it?

Quote:

---

Originally Posted by Cabbage East

I posted this the other day, I had no idea what it was for either. Why would he post it knowing what it meant?

Have a think.

---

Clearly he does know what it means:

http://www.youtube.com/watch?v=95XT907aUiw

Quote:

---

Originally Posted by reallapsedhibee

Shirley that image is taking the piss out of John Greig, whom Thomson has repeatedly vilified in his blogs for walking away from his legal responsibilities as a director, rather than taking the piss out of the memory of dead fitba fans? :confused:

---

aye but the orcs will use any opportunity to show how they are being victimised at the moment

Latest classic comment from FollowFollow

"If it wasn't my club it was happening to, it would be laughable. We find ourselves not getting voted into the spl. Now we have teams in div1 saying no, then when they have said no we will have div3 saying no!"

Well said pal-it's no my club and I'm grinning from ear to ear:greengrin

Quote:

---

Originally Posted by oxymoron

Lee Wallace

His position is just mental. Green has no intention of stumping up big wages to keep this club going - wherever that may be. Whittaker and Naismith could see that, so the choices for them (as with Wallace), given that they would never kick a ball again for any version of the huns, was to go to the Newco and be sold off to the highest bidder as soon as, or take control of their own destiny and refuse - thereby negotiating on their own terms with a club of their choosing. Its a no-brainer! Who the hell is advising Wallace on that one? Even if he could not secure top dollar wage-wise with a new club, he would more than make up the difference with a negotiated signing-on fee as a free agent. Mental!!

---

Gary Mackay!!!!!!!!!:greengrin

Quote:

---

Originally Posted by johnrebus

With the wages due in the next few days, where is the money coming from exactly? Green has not even come up with the full £5.5m yet and its rumoured that there is no Newco bank account........,


Goodbye dear Hun, you will not be missed.



:bye:

---

The wages for the players and staff who haven't transferred to Sevco will be due by the OldCo.

So all these clubs saying no etc...what if they vote otherwise? Secret ballot ain't it? So we would have no way of knowing for sure. Clubs saying no could just be doing this purely to up season ticket sales or increase their status with supporters. Wouldn't surprise if some clubs voted for Rangers despite saying they wouldn't. We will never know the truth with regards to this if it is indeed a secret ballot.

Quote:

---

Originally Posted by Meeko

So all these clubs saying no etc...what if they vote otherwise? Secret ballot ain't it? So we would have no way of knowing for sure. Clubs saying no could just be doing this purely to up season ticket sales or increase their status with supporters. Wouldn't surprise if some clubs voted for Rangers despite saying they wouldn't. We will never know the truth with regards to this if it is indeed a secret ballot.

---

Not a chance of it happening. The fallout would be of a truly armageddon-esque nature.

Quote:

---

Originally Posted by Meeko

So all these clubs saying no etc...what if they vote otherwise? Secret ballot ain't it? So we would have no way of knowing for sure. Clubs saying no could just be doing this purely to up season ticket sales or increase their status with supporters. Wouldn't surprise if some clubs voted for Rangers despite saying they wouldn't. We will never know the truth with regards to this if it is indeed a secret ballot.

---

I believe the Newco had the option of requesting a secret ballot but haven't asked for it yet I don't think? Also, With the number of teams who have voted No we know what the result should be so if it suddenly changed there would be a LOT of angry fans demanding to know who stabbed them in the back.

I've read many articles on the subject but yet to find a definitive answer to my question. Hoping someone out there can help.

Do the "assets" obtained by the "NewCo" include the stadium and training ground? If so how were they able to be transferred for a sum clearly below realisable market value? Is that not an illegal and complicit act of financial irregualrity?
I thought thte old cos assets had to be held by the receiver and sold off to fund debt recovery for their creditors.
Dunno?:dunno:

Quote:

---

Originally Posted by The Story So Far...

Quite possibly, but knowing the significance of the statue, surely you would find another way to symbolise it?



Clearly he does know what it means:

http://www.youtube.com/watch?v=95XT907aUiw

---

Seriously? The statue as far as I'm aware is a memorial to John Greig. The plaque underneath, however, is dedicated to the victims of the Ibrox disaster. I don't think the two are related other than the fact that one stands on top of the other???

Quote:

---

Originally Posted by NeilOrrSquareBa

I've read many articles on the subject but yet to find a definitive answer to my question. Hoping someone out there can help.

Do the "assets" obtained by the "NewCo" include the stadium and training ground? If so how were they able to be transferred for a sum clearly below realisable market value? Is that not an illegal and complicit act of financial irregualrity?
I thought thte old cos assets had to be held by the receiver and sold off to fund debt recovery for their creditors.
Dunno?:dunno:

---

This is a question that has been discussed a lot on here. The truth is, nobody outside of SevCo and RFC knows.

I think they are still in RFC. Others on here think otherwise. Certainly, the accepted truth in the media is that SevCo own them.

Quote:

---

Originally Posted by CropleyWasGod

The wages for the players and staff who haven't transferred to Sevco will be due by the OldCo.

---

This pot must be dwindling rapidly, especially as Duff & Duffer's fees will be ring fenced?


:cb

Quote:

---

Originally Posted by johnrebus

This pot must be dwindling rapidly, especially as Duff & Duffer's fees will be ring fenced?


:cb

---

The way green talks Theyv all transferred over so he if he believes his own stories should be readying himself to pay the wages, if it's left too oldco then the Whittaker and Naismith court fights is all pie in the sky and the rest (except lee Wallace) will be offski

Ironically, perhaps the medal gatherer is holding a gun to Wallace's head!

Interesting comment from the Scotsman's Andrew Smith in today's webchat on Rangers.
Somebody commented about how annoying it is that the media still talk about "Rangers", when in fact it is a NewCo called Sevco.
Andrew Smith's reply was interesting.

Quote:

---

Originally Posted by Andrew Smith

I can't speak for anyone else. I talk about the Rangers newco being admitted into SPL. You want to have seen Neil Doncaster's face when I first described it thus.

---

Re Kilmarnock. I might have more sympathy for their financial plight if they weren't still signing players. I do have sympathy for their fans but if their club is continuing to overspend then they have to face the music.

An interesting thought crossed my mind in the "what if catagorie" . WHAT IF the SFL clubs do not accept Rangers (newco) into the SFL where do they go then? WHAT IF the SFL decide that "say Spartans" have a business plan more suitable and are a club more suitable to play in league 3 , what happens then? Just asking!

From KDS

"I am not one for posting rumours, but my Missus uncle is a director with Livingston, so I thought I would give him a wee call to see where they would stand if the huns were parachuted into the SFL 1.

Livi were relegated all the way to division3 for having far less financlal problems than der hun and have had to claw themselves back up the hard way and really fancy their chances of promotion next season.

Apparently they have already contacted their Lawyers with regards to this and have made Longmuir and Regan aware that they would take legal action if any attempt was made to force the huns into 1st division.

Apparently they have been given assurances by Longmuir that if the huns apply to join the SFL then they will have to start from the bottom like everyone else.

Aside from sporting integrity, One of the reasons being, that Longmuir sees the huns in the lower divisions for a minimum of 3 years as being a good way to give all of the smaller clubs a financial boost , rather than just the 1st division teams."

Am I correct in saying that the transfer embargo is still in place? I know the CoS referred it back to the appellate tribunal but they haven't reconvened to decide their fate yet have they? So SEVCO might end up getting a spot in SFL3 but with a bunch of under 18's and possible further punishment (expulsion from Scottish cup etc)

Quote:

---

Originally Posted by joe breezy

From KDS

"I am not one for posting rumours, but my Missus uncle is a director with Livingston, so I thought I would give him a wee call to see where they would stand if the huns were parachuted into the SFL 1.

Livi were relegated all the way to division3 for having far less financlal problems than der hun and have had to claw themselves back up the hard way and really fancy their chances of promotion next season.

Apparently they have already contacted their Lawyers with regards to this and have made Longmuir and Regan aware that they would take legal action if any attempt was made to force the huns into 1st division.

Apparently they have been given assurances by Longmuir that if the huns apply to join the SFL then they will have to start from the bottom like everyone else.

Aside from sporting integrity, One of the reasons being, that Longmuir sees the huns in the lower divisions for a minimum of 3 years as being a good way to give all of the smaller clubs a financial boost , rather than just the 1st division teams."

---

Livi are not comparable to Rongers though. Livi had three years of accounts so were entitled to play in Div 3. Nouveau Rongers don't, so aren't.

Not sure if it's been mentioned here yet. There's over on pieandbovril that Chick Dung's contract hasn't been renewed with the BBC. Probably due to the fact he's made an Emily Blunt of the whole sorry/ funny Rangers saga.

Quote from pieandbovril:


Friedrich Engels
Yesterday, 22:53
i hope this is true, i want Chick to cry so hard milk comes out his nose.

Har Har!

Quote:

---

Originally Posted by joe breezy

From KDS

"I am not one for posting rumours, but my Missus uncle is a director with Livingston, so I thought I would give him a wee call to see where they would stand if the huns were parachuted into the SFL 1.

Livi were relegated all the way to division3 for having far less financlal problems than der hun and have had to claw themselves back up the hard way and really fancy their chances of promotion next season.

Apparently they have already contacted their Lawyers with regards to this and have made Longmuir and Regan aware that they would take legal action if any attempt was made to force the huns into 1st division.

Apparently they have been given assurances by Longmuir that if the huns apply to join the SFL then they will have to start from the bottom like everyone else.

Aside from sporting integrity, One of the reasons being, that Longmuir sees the huns in the lower divisions for a minimum of 3 years as being a good way to give all of the smaller clubs a financial boost , rather than just the 1st division teams."

---

The SFL have been clear from the start that any club (Newco or not) applying to the SFL would be applying to joining Div 3 and all other clubs would shuffle up. Longmuir stated this unequivocally not too long ago.

The Div 1 nonsense is coming from the SFA's recently new found desire to amalgamate the leagues. This is probably a good idea and hopefully will happen along with a full and proper pyramid system but it's absolutely certain that the technical, logistical and commercial considerations and agreements to make this happen will not be completed before the season starts.

The route is now clear. Once the SPL vote no to Servco they will need to apply to the SFL. That application will be for a spot in Div 3. However other teams will be able to apply as well. The members of the SFL will then vote on who to accept.

However Servco would appear to be all over the place in terms of financing, players, asset ownership etc so I would seriously doubt they will be in any fit state to provide the SFL with anything approaching a 'proper' application. This would open the door for Spartans or the like to take the available slot.

This will of course mean there is no free spot for any team or newco to apply for in 2013/2014 season....and this is where league reconstruction will come in...however even this will probably maintain or reduce the teams in combined SPL/SFL so any newco may well be looking to a regional division as a starting point. Maybe I'm biased so reading this wrong but if this comes to pass we could be without any reincarnation of the huns for as much as 5 years.

Quote:

---

Originally Posted by green glory

Not sure if it's been mentioned here yet. There's over on pieandbovril that Chick Dung's contract hasn't been renewed with the BBC. Probably due to the fact he's made an Emily Blunt of the whole sorry/ funny Rangers saga.

Quote from pieandbovril:


Friedrich Engels
Yesterday, 22:53
i hope this is true, i want Chick to cry so hard milk comes out his nose.

Har Har!

---

Cue Hun forums referring to BBC from now on as timmyridden.

Now that it looks like they have no chance of getting in the SPL we are getting Raith and Falkirk coming out and saying they will not vote them into the first division. I had never thought about it from this angle but a Newco Rangers would almost be assured promotion at the first attempt from the first division so any team voting them in would be effectively kissing good bye to their promotion hopes for the season though getting a couple of big gates in return. They'd get the big gates in two years if RFC end up in the third division so no real incentive there to turn down a chance of SPL football for a season.

Looking at the first division next season, it is one of these leagues where I would say almost every club apart from maybe Dumbarton and Cowdenbeath could put a reasonable case forward for a promotion chance. So maybe the Newco won't get many votes there either.

Anyone else think the whole thing is maybe a stitch up though?

Perhaps it has been agreed behind the scenes with the SPL, SFL and Sky that Rangers will go into Div 1. This way the SPL clubs probably only lose Rangers for a season but it allows them to look good in front of their fans with statements about integrity etc thus avoiding boycotts.

The SFL could be compensated by the SPL and Sky for effectively losing the chance of winning the title for one season by getting a TV deal for a season and a play off place for the second placed team. Sky lose out on old firm games probably only for a season but minimise the loss of Rangers supporting subscribers by showing their first division games by way of a one season TV deal with the first division.

I'm not saying this is happening or will happen but won't be surprised if some or all of it comes true.

I also feel the much talked about "SPL 2" is on the way, accelerated by the Rangers thing, where a TV deal for both divisions comes in and a play off between 2nd bottom SPL and 2nd top is put in place.

Hope they don't rush through any plans to reduce the size of the league to a league of 10 as at this moment in time we could do with out up to three teams being relegated from the SPL until we sort ourselves out a bit.

Now that Raith and Falkirk are to vote against the cheats entering the First Division, hope that the remainder do the same and ditto Division Three.

Quote:

---

Originally Posted by The Sea-gull

Now that it looks like they have no chance of getting in the SPL we are getting Raith and Falkirk coming out and saying they will not vote them into the first division. I had never thought about it from this angle but a Newco Rangers would almost be assured promotion at the first attempt from the first division so any team voting them in would be effectively kissing good bye to their promotion hopes for the season though getting a couple of big gates in return. They'd get the big gates in two years if RFC end up in the third division so no real incentive there to turn down a chance of SPL football for a season.

Looking at the first division next season, it is one of these leagues where I would say almost every club apart from maybe Dumbarton and Cowdenbeath could put a reasonable case forward for a promotion chance. So maybe the Newco won't get many votes there either.

Anyone else think the whole thing is maybe a stitch up though?

Perhaps it has been agreed behind the scenes with the SPL, SFL and Sky that Rangers will go into Div 1. This way the SPL clubs probably only lose Rangers for a season but it allows them to look good in front of their fans with statements about integrity etc thus avoiding boycotts.

The SFL could be compensated by the SPL and Sky for effectively losing the chance of winning the title for one season by getting a TV deal for a season and a play off place for the second placed team. Sky lose out on old firm games probably only for a season but minimise the loss of Rangers supporting subscribers by showing their first division games by way of a one season TV deal with the first division.

I'm not saying this is happening or will happen but won't be surprised if some or all of it comes true.

I also feel the much talked about "SPL 2" is on the way, accelerated by the Rangers thing, where a TV deal for both divisions comes in and a play off between 2nd bottom SPL and 2nd top is put in place.

Hope they don't rush through any plans to reduce the size of the league to a league of 10 as at this moment in time we could do with out up to three teams being relegated from the SPL until we sort ourselves out a bit.

---

I would imagine this is what was discussed at the six hour hastily arranged meeting between the SFA, SPL and SFL. Now however Regan, Doncaster and especially David Longmuir have to persuade enough SFL clubs to parachute newco into second tier of any reconstruction. No easy task.

All the SFL clubs are trying to set up a position from which they can make the most money.They don't want them in Division 3 because most grounds could not cope with an away support and it would cost them money.They will vote to allow them into Division 1 in return for some dosh being spread around-that way they will benefit financially from Rangers without bearing costs.

They won't get into the First Division. It'll be the Third Division, if any.

Personally this would be my plan...

This season we are out of time as it is, the teams moving up are going to struggle to react in time, but so be it. As soon as possible a vote among the SFL clubs should be held. At this stage I would argue that 'Rangers' are not in a state to play in any league and it is starting to look like the SFL clubs know this too.

So let's assume 'Rangers' are out of it and another team takes the empty slot, so for our purposes lets say Spartans. The season carries on as normal.

For season 2013/14 league reconstruction kicks in, the leagues merge together, a 16 team top league, with two 14 team leagues below it, giving room for 2 more clubs to join the lowest division, which could well include new Rangers or they could find themselves in whatever pyramid structure that is created to exist below that. In addition the League Cup is reformated to include an initial regional group stage to increase the number of derby matches for media interest.

Maybe they could be punted to the First with no chance of promotion for a minimum of X years i.e., even if they win the league they are not allowed back into the SPL until they have served their time. That would still give Rangers a chance at both cups, just not chance of playing in the top flight for a couple of seasons.

Quote:

---

Originally Posted by ancient hibee

All the SFL clubs are trying to set up a position from which they can make the most money.They don't want them in Division 3 because most grounds could not cope with an away support and it would cost them money.They will vote to allow them into Division 1 in return for some dosh being spread around-that way they will benefit financially from Rangers without bearing costs.

---

The Division Three clubs would make a shedful, it would just be a case of an increased police bill (albeit a sizeable one) and making the games all-ticketing, but I'm sure they'd be happy to do the extra work for what in some cases would probably be a gate ten times their average attendance. This has already occured in the English non-league when Chester/Halifax/FC United/AFC Wimbledon have taken thousands to little non-league grounds (or at least neighbouring pro stadiums) so I'm sure there's a way around it. Little difference to being drawn at home to either of the bigot brothers in the cup.

Quote:

---

Originally Posted by ancient hibee

All the SFL clubs are trying to set up a position from which they can make the most money.They don't want them in Division 3 because most grounds could not cope with an away support and it would cost them money.They will vote to allow them into Division 1 in return for some dosh being spread around-that way they will benefit financially from Rangers without bearing costs.

---

The First Division clubs that have spoken publicly seem pretty clear about not wanting them...

What is the voting structure in the SFL? Is it one vote per club irrespective of Division?

Before the SPL breakaway, it used to be something like 4 votes for Premier Division clubs, 3 for First Division, etc.

They ripped of Millwall and sang 'no one likes us, we don't care.'

Well, from what I've been reading on Follow Follow, they lied about the second part of that statement.

I think it's now becoming increasingly hard to envisage any place for this much-hated institution at any level of the game, anywhere. Their arrogant attitude down the years, and that of their snivelling toadies in the media and football administration has hardened attitudes against them.

Quote:

---

Originally Posted by ScottB

Personally this would be my plan...

This season we are out of time as it is, the teams moving up are going to struggle to react in time, but so be it. As soon as possible a vote among the SFL clubs should be held. At this stage I would argue that 'Rangers' are not in a state to play in any league and it is starting to look like the SFL clubs know this too.

So let's assume 'Rangers' are out of it and another team takes the empty slot, so for our purposes lets say Spartans. The season carries on as normal.

For season 2013/14 league reconstruction kicks in, the leagues merge together, a 16 team top league, with two 14 team leagues below it, giving room for 2 more clubs to join the lowest division, which could well include new Rangers or they could find themselves in whatever pyramid structure that is created to exist below that. In addition the League Cup is reformated to include an initial regional group stage to increase the number of derby matches for media interest.

---

The way things are stacking up, the scenario you've just outlined seems to be shaping up as the most likely. I would argue that there are just too many obstacles in place to see Rangers field a club at any level of the Scottish game for the 2012-13 season. Scottish Football does need re-organised radically, but that should be done in a considered way, and not to be the salvation of one club. The strength of feeling of the other supporters shows this.

The biggest fear for Rangers is being absent for a season and that season shows no discernible decrease in the number of fans attending football games in Scotland, ie: that more supporters lost to the game return as the vile bigots are absent, or that the glory hunting element of the Hun support turn to their local teams.

Rangers team list at present:

Allan McGonner
Tata Papac
Free Wallace
Dorin Gone
Adios Bocanegra
Steven Whitcontract
Release McCabe
Gone Aluko
Leave Davis
Steven Naicontract
Solong Kerkhar
Jamie Less

(Lifted from Blue moon)

Quote:

---

Originally Posted by jgl07

Rangers team list at present:

Allan McGonner
Tata Papac
Free Wallace
Dorin Gone
Adios Bocanegra
Steven Whitcontract
Release McCabe
Gone Aluko
Leave Davis
Steven Naicontract
Solong Kerkhar
Jamie Less

(Lifted from Blue moon)

---

:tee hee:

Quote:

---

Originally Posted by LancashireHibby

The Division Three clubs would make a shedful, it would just be a case of an increased police bill (albeit a sizeable one) and making the games all-ticketing, but I'm sure they'd be happy to do the extra work for what in some cases would probably be a gate ten times their average attendance. This has already occured in the English non-league when Chester/Halifax/FC United/AFC Wimbledon have taken thousands to little non-league grounds (or at least neighbouring pro stadiums) so I'm sure there's a way around it. Little difference to being drawn at home to either of the bigot brothers in the cup.

---

Question: Practically, how will they make a shedful? I honestly can't see how that would be the case.

Given the continuing bad news for Rangers why didn't they just -

Take a 100,000,000 mortgage over 25 years at 5% before going into administration. :greengrin
This would have resulted in yearly payments of £7,000,000 from a turnover of between 40 and 60 million. Leaving 33-53 million turnover to run the club. Apart from the difficulty in arranging a mortgage of such a size, the only reason they wouldn't do this is that they didn't want to lose ground on Celtic, as they would still be streets ahead of the rest of us..

Selfish fools that they are we all now have to pay for their absence! :confused:

Quote:

---

Originally Posted by McS****y

Question: Practically, how will they make a shedful? I honestly can't see how that would be the case.

---

Because clubs who are used to having 400 fans a week will get a gate of 4,000, so will make substantially more than x number of home games. Even with the associated costs of hosting a crowd that size, profit certainly outweighs loss.

I know it's been said elsewhere, but it's worth repeating.

There is a vacancy in the Scottish Leagues following the demise of one team. Should those inheriting the mantle of that team be given preference over other clubs that have been trying to get into the league for years.

Either Sevco are the same thing as the defunct Rangers FC, with all its financial problems, or they are a brand new club that has to prove its worth on matters like sporting integrity and financial prudence. They cannot be both.

Either way their is no compelling argument for allowing them into the league in front of the likes of Spartans, who have at least can point to evidence that they can run a football club.

Sod this start in Division 3 stuff, either they buy out an existing club the way Airdrie did, or they get down and build something up from the roots. They might like to do what Gretna did and get a place in one of the English regional leagues. It's a golden opportunity for fans of Rangers (No More) to shape their destiny and go where they have always wanted.

Quote:

---

Originally Posted by ancient hibee

All the SFL clubs are trying to set up a position from which they can make the most money.They don't want them in Division 3 because most grounds could not cope with an away support and it would cost them money.They will vote to allow them into Division 1 in return for some dosh being spread around-that way they will benefit financially from Rangers without bearing costs.

---

And where do we think this dosh is coming from ?

It wont be NewCo as they don't have 2 beans to rub together and it won't be the SPL because each club will be losing money without der hun.

Quote:

---

Originally Posted by Bajillions

Am I correct in saying that the transfer embargo is still in place? I know the CoS referred it back to the appellate tribunal but they haven't reconvened to decide their fate yet have they? So SEVCO might end up getting a spot in SFL3 but with a bunch of under 18's and possible further punishment (expulsion from Scottish cup etc)

---

That's a good question

If the "club" is intact but within a new holding company then 100% they can't sign anyone until their football debts have been paid (and Rapid V are kicking up at the 1 million they're due!)

If the "club" is all "new and improved" then I don't think that applies.... Although as they're not technically registered in a league at the mo any player signing for them won't be eligible to play anywhere as they won't be personally registered.

In direct answer to the question tho, the 1 year embargo will be on hold just now

Quote:

---

Originally Posted by jgl07

What is the voting structure in the SFL? Is it one vote per club irrespective of Division?

Before the SPL breakaway, it used to be something like 4 votes for Premier Division clubs, 3 for First Division, etc.

---

I read somewhere that they needed 22 of the 29 teams to vote yes or they dont get in.

Partick, Falkirk and Raith Rovers have intimated NO so if you add the 5 teams that Rangers tried to shaft in the 1960's then their goose is cooked.

Quote:

---

Originally Posted by HibsMax

Maybe they could be punted to the First with no chance of promotion for a minimum of X years i.e., even if they win the league they are not allowed back into the SPL until they have served their time. That would still give Rangers a chance at both cups, just not chance of playing in the top flight for a couple of seasons.

---

It will be all the teams in the SFL that get to vote on this issue not just the 1st division teams, cant really see any possibility of a carve up and Div 3 looks certain.
On the bright side - at least any money Rangers bring to a league will be spread right throughout Scottish football

Tee hee

https://twitter.com/hmrcgovuk/status/217627480108965888

im actually starting to think that they will apply to the english leagues, Starting at league two must be worth more cash that even the first division. I remember reading that celtic were thinking about this a while back.

Quote:

---

Originally Posted by yekimevol

im actually starting to think that they will apply to the english leagues, Starting at league two must be worth more cash that even the first division. I remember reading that celtic were thinking about this a while back.

---

Let's hope so .........good riddance to bad rubbish


---
I am here: http://tapatalk.com/map.php?txgdiu

Quote:

---

Originally Posted by yekimevol

im actually starting to think that they will apply to the english leagues, Starting at league two must be worth more cash that even the first division. I remember reading that celtic were thinking about this a while back.

---

And who is going to step aside to let them in?

Quote:

---

Originally Posted by yekimevol

im actually starting to think that they will apply to the english leagues, Starting at league two must be worth more cash that even the first division. I remember reading that celtic were thinking about this a while back.

---

They wont get in league 2, it would have to be lower than conf north :agree:

They wouldn't be able to just waltz into League 2, there would be uproars down south as well if that happened. I really think they are buggered now, it seems now that no one wants them or to be associated with them. And for good reason...How did that song go !?

"We are Rangers, super Rangers ! No one likes us we don't care"

Bet you wished you cared now huh ?!

Quote:

---

Originally Posted by LancashireHibby

Because clubs who are used to having 400 fans a week will get a gate of 4,000, so will make substantially more than x number of home games. Even with the associated costs of hosting a crowd that size, profit certainly outweighs loss.

---

Taking your figures, an extra 3600 twice a season would give them 7200 extra tickets. Looking at a few teams' web sites (Clyde, Annan, Stirling Albion) they seem to charge a tenner (£9 in Annan's case) for adult entry.

So assuming Sevco fill the stadia with adults (in reality it's likely to be a mix of adults and consessions), they get an extra £72,000 in the one season. Is that a major windfall to those clubs? Agree it's a figure not to be sniffed at, but I don't think it's a deal maker.

As opposed to the usual scenario where the wee teams get a share of the Ibrox gate in a Scottish Cup match, it'd be more like 20,000 tickets at £20 a head (I would imagine) = £400,000.

Taking into account extra policing costs, I'm not sure that it is as much of a sweetener as some people are making out.

(Please note all figures were worked out on the back of a fag packet, and I don't even smoke!)

Quote:

---

Originally Posted by McS****y

Taking your figures, an extra 3600 twice a season would give them 7200 extra tickets. Looking at a few teams' web sites (Clyde, Annan, Stirling Albion) they seem to charge a tenner (£9 in Annan's case) for adult entry.

So assuming Sevco fill the stadia with adults (in reality it's likely to be a mix of adults and consessions), they get an extra £72,000 in the one season. Is that a major windfall to those clubs? Agree it's a figure not to be sniffed at, but I don't think it's a deal maker.

As opposed to the usual scenario where the wee teams get a share of the Ibrox gate in a Scottish Cup match, it'd be more like 20,000 tickets at £20 a head (I would imagine) = £400,000.

Taking into account extra policing costs, I'm not sure that it is as much of a sweetener as some people are making out.

(Please note all figures were worked out on the back of a fag packet, and I don't even smoke!)

---

I would suggest it's a big windfall indeed. There is precedent of concessions being abolished for such games to help cover costs, and the publicity in the local area would be great for those involved. In all honesty I'm cheating a little as I've been involved in non-league (both in the Conference and below) where games have been played against the likes of Carlisle, FC United and more recently Chester where the cash generated paid the bills for a number of months, something that isn't to be taken for granted. Yes, the policing costs were much less but even those aren't too big an issue as long as the SFA helps clubs to negotiate with the police to keep costs down.

Someone at work has just said that the newco is in trouble and the administrators might be called? I've not got a clue but can this actually happen?

Quote:

---

Originally Posted by Scooter

Someone at work has just said that the newco is in trouble and the administrators might be called? I've not got a clue but can this actually happen?

---

I don't see how they could have built up any debts yet for administrators to be called in? That said, they've no income streams either...?

Quote:

---

Originally Posted by Scooter

Someone at work has just said that the newco is in trouble and the administrators might be called? I've not got a clue but can this actually happen?

---

Can't see it myself. The only people they will owe money to at the moment would be RFC for the £5.5m. They would sue Sevco before going down the administration route.

However, more twists and turns in this saga than Jinky Johnstone..... :rolleyes:

Quote:

---

Originally Posted by Scooter

Someone at work has just said that the newco is in trouble and the administrators might be called? I've not got a clue but can this actually happen?

---

Doubt it, they will have bills to pay, if they actually own Murray park and ibrox there will be utiliy bills to pay but I doubt they would have had time to rack up a debt. They will have salaries to pay shortly which will mean they will have an outgoing to HMRC!

Sevco 5088 could have racked up bills elsewhere I suppose, not sure when that company was set up though.

Quote:

---

Originally Posted by LancashireHibby

I don't see how they could have built up any debts yet for administrators to be called in? That said, they've no income streams either...?

---

Quote:

---

Originally Posted by CropleyWasGod

Can't see it myself. The only people they will owe money to at the moment would be RFC for the £5.5m. They would sue Sevco before going down the administration route.

However, more twists and turns in this saga than Jinky Johnstone..... :rolleyes:

---

Well it is wages day on Thursday for them and it's arguable as to where they will find the money to pay that. And of course no doubt the Revenue will take a dim view if anything due fails to come their way...

Other outstanding bills for the upkeep up of the stadium / training ground?

If there is a vote amongst the SFL clubs to admit Newco to Div 1, then I can't see them getting anywhere near the required number of votes.

Div 1 clubs will be less likely to get the promotion spot whilst 2&3 would miss out on big paydays due from a visit by the Newco Hun. There would have to be a lot of money coming down from the SPL and they will not want to lose any more.

It really is about time they gave up and just applied for SFL3.

Quote:

---

Originally Posted by ScottB

Well it is wages day on Thursday for them and it's arguable as to where they will find the money to pay that. And of course no doubt the Revenue will take a dim view if anything due fails to come their way...

Other outstanding bills for the upkeep up of the stadium / training ground?

---

Who do they have wages to pay for, though? Arguably, only Lee Wallace, and he has only been with them a few days.

Quote:

---

Originally Posted by yekimevol

im actually starting to think that they will apply to the english leagues, Starting at league two must be worth more cash that even the first division. I remember reading that celtic were thinking about this a while back.

---

The Old Firm have been trying to joing the English leagues for years but have consistently been told they aren't wanted, and that was when Rangers was a viable club. They would have to join the non-league set up, a demotion so deep they might never recover, and so isn't worth risking.

Quote:

---

Originally Posted by CropleyWasGod

Who do they have wages to pay for, though? Arguably, only Lee Wallace, and he has only been with them a few days.

---

Even if the Oldco still has most of the players, didn't Green agree to fund the ongoing costs? If the money to pay those players isn't to come from Sevco, where would it? Especially if he is trying to keep these guys, he must be planning on paying them?

Quote:

---

Originally Posted by ScottB

Even if the Oldco still has most of the players, didn't Green agree to fund the ongoing costs? If the money to pay those players isn't to come from Sevco, where would it? Especially if he is trying to keep these guys, he must be planning on paying them?

---

Doubt that very much - so much of the 'Yorkie Bar man's' plans have been jettisoned already, he has no credence whatsoever in being able to pay anyone anything!!:agree:

If his 'team' ever get into the Third Division, then credit terms from Annan to Peterhead and beyond will become wonderfully unavailable!:faf:

I can't see Sevco going into administration as there's no hope of rescuing a company that hasn't even started trading yet - if they are unable to pay their bills it would be straight into liquidation IMO.

As to the the employment contracts, if they haven't passed over to Sevco, they should have. Ranger FC (IA for the moment soon to be DEID) are not trading and should not be incurring extra unnecessary costs. I think any employees that haven't objected would be automatically transferred over, but that's why there's a 90 day consultation period which Sevco seem to have just ignored. It may be that the transfer is scheduled to take place at the end of this month.

Incidentally, Sevco 5088 is one of many Sevcos registered at Companies House a bit like Ticketus. Sevco 5088's registered office is in London, but there's also a Sevco Scotland Limited registered at Ibrox Stadium, Glasgow. Could that be where the properties have gone?

I can see them being suspended for 1 year and then starting in 3rd Division.

SFA will play some Scotland games & semi finals at Ibroke to keep the lights on for the season.

Quote:

---

Originally Posted by Caversham Green

I can't see Sevco going into administration as there's no hope of rescuing a company that hasn't even started trading yet - if they are unable to pay their bills it would be straight into liquidation IMO.

As to the the employment contracts, if they haven't passed over to Sevco, they should have. Ranger FC (IA for the moment soon to be DEID) are not trading and should not be incurring extra unnecessary costs. I think any employees that haven't objected would be automatically transferred over, but that's why there's a 90 day consultation period which Sevco seem to have just ignored. It may be that the transfer is scheduled to take place at the end of this month.

Incidentally, Sevco 5088 is one of many Sevcos registered at Companies House a bit like Ticketus. Sevco 5088's registered office is in London, but there's also a Sevco Scotland Limited registered at Ibrox Stadium, Glasgow. Could that be where the properties have gone?

---

I have a vision of the wee cartoon Clouseau shuffling round Govan looking for a fitba' park.

Quote:

---

Originally Posted by CropleyWasGod

I have a vision of the wee cartoon Clouseau shuffling round Govan looking for a fitba' park.

---

Most managers only lose the dressing room.....

Quote:

---

Originally Posted by Caversham Green

I can't see Sevco going into administration as there's no hope of rescuing a company that hasn't even started trading yet - if they are unable to pay their bills it would be straight into liquidation IMO.

As to the the employment contracts, if they haven't passed over to Sevco, they should have. Ranger FC (IA for the moment soon to be DEID) are not trading and should not be incurring extra unnecessary costs. I think any employees that haven't objected would be automatically transferred over, but that's why there's a 90 day consultation period which Sevco seem to have just ignored. It may be that the transfer is scheduled to take place at the end of this month.

Incidentally, Sevco 5088 is one of many Sevcos registered at Companies House a bit like Ticketus. Sevco 5088's registered office is in London, but there's also a Sevco Scotland Limited registered at Ibrox Stadium, Glasgow. Could that be where the properties have gone?

---

:greengrin Ohh now that is an interesting tit bit....talking of mammaries...if Sevco 5088 go mammaries up due to no income / player wages etc etc...this could be the way Green is screening his investment...will scupper him if Broxy Sevco was in fact looking to 'rent' to Sevco 5088 to service the purchase £5.5 million ....

Much more to give yet from this...certainly enough to fill the close season anyway

Quote:

---

Originally Posted by Nailrod

Worth bearing in mind that should any kind of 'Rangers' be playing anywhere in Scottish football next season, come Scottish Cup draw time the traditional heated ping-pong balls are going to be back in service, but to achieve entirely the opposite objective...

---

:confused:

I was always told they put them in the fridge ...

Quote:

---

Originally Posted by Bajillions

I believe the Newco had the option of requesting a secret ballot but haven't asked for it yet I don't think? Also, With the number of teams who have voted No we know what the result should be so if it suddenly changed there would be a LOT of angry fans demanding to know who stabbed them in the back.

---

That word "integrity" again.
How could the clubs say they put integrity in front of finance and then act integrously?
A double whammy if they do.