I think the only thing left oustanding is the 'double contract' stuff and that's the SPL's concern.
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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!:rotflmao:
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? :rolleyes:)
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' :rolleyes: only time will tell
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?
http://i1.kym-cdn.com/photos/images/...71/380/ab5.gif
The photo above is of the New Independent Panel ,must say dont fancy Rangers chances ,TBH
It never rains, it pours...http://www.bbc.co.uk/sport/0/football/17823420
RFC - The gift that just keeps on giving. :aok:
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. ".........:faf:
Good that they waited until St Georges Day to announce these measures!
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.
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?
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:agree:
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.