Do they get to keep their "most financially ****ed" title, or are the yams usurping them to that one?Quote:
Originally Posted by Hibernia&Alba
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Do they get to keep their "most financially ****ed" title, or are the yams usurping them to that one?Quote:
Originally Posted by Hibernia&Alba
The relevant extract:
Informally Resolved Cases (1)
After consideration by the ASA of complaints received, the following companies and organisations agreed to amend or withdraw advertising without the need for a formal investigation:
Advertiser Date
The Rangers Football Club Ltd
My guess is a lawyer has probably told them that they dont have anything to contest.Quote:
Originally Posted by Hibernia&Alba
So if The Rangers are not, who is ? Maybe the ASA could confirm who and why .... now that would really piss them off :greengrinQuote:
Originally Posted by keekaboo
Quote:
Originally Posted by stokesmessiah
Surely this means that Newco can't use the trophies won by Oldco in its list of honours and that the current Rangers must also accept that?
This is also kicking about on Twitter. Might be nothing in it but it would be brilliant if its true.
Attachment 10827
Quote:
Originally Posted by green glory
Bartin Main? No source, evidence or anything? On Twitter?
What do you mean there MIGHT not be anything in it? It's obviously utter b*ll*x.
@BartinMain: Make of this what you will but sounds interesting http://t.co/yT5G1QKsMJQuote:
Originally Posted by keekaboo
As he says make of it what you will. You're right it may well be nonsense. Maybe it isn't.
Quote:
Originally Posted by green glory
Sorry, that came over a bit harshly. I re-read my comment and it sounded like I was being a bit nasty to yir good self.
:greengrin
I think the ASA have goofed. The The Rangers have won a trophy every single year of their existence. What other club can match that achievement? What we'd give for that record of success!
Only thing i could find near the date was this ????Quote:
Originally Posted by green glory
http://www.thedrum.com/news/2013/06/...g-be-scotlands
Sevco in bother again :)
http://www.thecourier.co.uk/sport/fo...event-1.118172
There is some speculation on Twitter and elsewhere that this doesn't relate to the "world's most successful ethereal club" complaint, but another complaint relating to a marketing e-mail that Sevco sent out claiming that 48% of Scots supported them or somesuch nonsense.Quote:
Originally Posted by green glory
Either way, it's nice to see someone actually holding them to account for once rather than bottling it.
Rangers are still Scotland's most successful club, but they closed down in 2012 and the club with no i will no doubt overtake them in due course.Quote:
Originally Posted by Onion
Gotta love the way that the the huns interpret every sort of reprimand or rebuke as a victory, on the apparent grounds that they didn't receive even worse punishment or criticism.Quote:
Originally Posted by Brando7
No chance are the likes of cala interested in building there. It's a ***** hole.Quote:
Originally Posted by green glory
http://www.forfarathletic.co.uk/inde...orts&Itemid=35 Loved the Forfar report on their official website-" Plucky ‘Gers take Loons to Extra Time"
Fixed that for you (small error with the tense) :greengrinQuote:
Originally Posted by Caversham Green
Found this post on the Rangers Int Share Chat page of the LSE site concerning the reasons for the ASA ruling....Quote:
Originally Posted by blindsummit
....The date mentioned (2008) is undoubtedly an error by the OP, as we all know that Rangers FC were a highly successful institution at that timeQuote:
Originally Posted by jonnybhoy
The 2008 doesn't refer to Rangers, IMO. It is talking about the example the ASA use.Quote:
Originally Posted by Jack Hackett
Suspected this after I'd posted CWG. Thanks for the confirmation though :aok:Quote:
Originally Posted by CropleyWasGod
Quote:
Originally Posted by PatHead
"Forfar Athletic have just knocked what was once one of the biggest clubs in Scotland out of the League Cup"
:thumbsup:
In the same way that a country that gets 1 gold appears above a country with 2 silvers in the olympic medal table, I would say Celtc's European Cup makes them Scotland's most successful.Quote:
Originally Posted by Caversham Green
:agree:Quote:
Originally Posted by JeMeSouviens
Beats a Cup Winners Cup every time
Quote:
Originally Posted by JeMeSouviens
This again. :rolleyes:Quote:
Originally Posted by Jack Hackett
It's long established that the ranking is:
3rd best: Cup Winners Cup
2nd best: European Cup
1st best: World War
(un)Civil war seems to be breaking out down Hunbox way
http://www.bbc.co.uk/sport/0/football/23690980
http://www.scotsman.com/sport/footba...3-4m-1-3043155
http://www.scotsman.com/sport/footba...hmad-1-3043791
Comedy should be on the Fringe
Article from Celtic quick news so make of it what you will.
Quote:
Sale and leaseback, Ibrox, Murray Park, Albion Car Park
According to the Heads’ the buyer will pay £7.285m for all three properties and, in addition, will provide a loan to the tenant of £6.9m at an interest rate of 15% p.a.
Rent will be reviewed every five years, on an upwards only basis, either at RPI or 2%, whichever is greater. RPI is currently 3.3%
Say Goodbye to Murray Park
The tenant “will take a lease for the stadium and the car park on a 20 year lease at an initial rent of £1.8, per annum”. Murray Park is offski, gone, no longer available to Rangers International, or any of its successor clubs.
Interest on the loan works out at £985.5k per annum, so rent plus interest would be £2.835m p.a.
Top line figure for both sale and loan is £13.835m, however, the first three years rent (£5.4m) will be held back as no one is prepared to guarantee the rent, so actual cash into the business will be £8.435m.
Murray Park planning permission
If the new owner of the properties attains planning permission for residential properties at Murray Park within three years of the deal being signed, a provision releases the seller from having to repay the outstanding portion of the loan. If planning permission is achieved after three years, no element of the loan is forgiven.
Securitisation
“Rents will be guaranteed from ticket receipts and a first charge on the season tickets income will be granted.”
The tenant has the option to buy-back the stadium (only). If the stadium is bought-back in year one the cost will be £10m. Thereafter the purchase price will increase by 12% p.a. until year 10. After year 10 the right to buy-back the stadium will be at “Market Value but no less than £20m”.
Should they buy-back the stadium, the lease will remain in place for Albion Car Park at a rate of £250k p.a. (subject to same rent review arrangements).
If it is true, it does lend weight to the valuation put on the properties when Sevco bought them. :devil:Quote:
Originally Posted by Dunderhall
15% interest on the loan? Is it with Wonga?
There is one ambiguity in what you quoted....
"No-one is prepared to guarantee the rent". However “Rents will be guaranteed from ticket receipts and a first charge on the season tickets income will be granted.”
Charles Green now leaving again, two weeks after re-joining. What a circus :faf:
In, out, in, out. The Chic hokey-cokey.
Noticed that Rangers will face Queen of the South away in the 3rd Round of the Ramsdens Cup if they beat Berwick Rangers on Tuesday night in Round 2.
That's a tough draw for them, after being told that he has to win a cup this season it's going to be tough for Ally to even win the Ramsdens Cup. :lolrangers:
Just read a thread on knuckle scrapers website that the rumours are that Rangers are about to re-enter administration.
The neanderthal jambos were mostly writing they couldmt wait and somehow taking a moral highground as if their own club were'nt
bumping charities and buisnesses for 29 squillion quid. BRASSNECKED OR WHAT?
As far as I'm concerned third Lanark can mock the rangers plc fc .com or whatever they call themselves.
Quote:
Originally Posted by doddsy
If it gives them a little light relief from their own situation, why not. They'll be down the tubes soon enough themselves :wink:
You'd think they'd be more respectful of their heroes. Rangers are the big brother Hearts always wanted to grow up to be. They even copied Rangers' financial collapse.
Interesting article in the Guardian where the Scottish media gets some well deserved criticism.
http://www.thedrum.com/news/2013/08/...scottish-media
Media House and Jack Irvine back at Ibrox http://news.stv.tv/west-central/2372...poke-for-club/
not sure about roy greenslade's (guardian article) credentials for the moral high ground
Robert (cough cough) maxwell
Quote:
Originally Posted by grunt
Here's The Scotsman's take on it
Sound like Jabba has taken the huff :wink:
'Jim Traynor, Rangers’ head of communications, admitted Irvine’s appointment was a surprise to him. He said: “I have not spoken to Jack Irvine and I have not had any dealings with him. As far as I’m concerned that is the way it will stay.” '
Quote:
Originally Posted by vincipernoi
Sorry but I think you mean Robert (glug glug) Maxwell
:greengrin
http://www.heraldscotland.com/sport/...iller.22009270
Allisbarry at Ibrox. In three pages of responses on Rangers Media there's only one which queries whether arriving at a £6 million annual deficit by treating the IPO money like annual income might mean troubles ahead.
Quote:
Originally Posted by ballengeich
Very politician like responses. He avoided giving answeres to quite a number of questions by instead making vague, meaningless replies. Mostly on Chuckie Green's return and the wages of the high earners at Ibrokes.
I hope they carry on being so careless with their money and either have to put out the begging bowl again or just go bust.
Charlottefakes tweeting interesting stuff. On phone so can't post
Dont know what happened but Charlotte account deleted all tweets then went off radar for a bit.Quote:
Originally Posted by Golden Fleece
Back today and published the 5 way agreement. Also on phone or would link? Interesting stuff
http://www.scribd.com/doc/164607084/...-for-signatureQuote:
Originally Posted by EuanH78
Edit: I'm assuming that posting this link isn't a problem. If it is, please delete :aok:
I had a quick scan and doesn't seem to be any major scandal there :confused:Quote:
Originally Posted by s.a.m
Looks to me like it's just the SPF/SFL/SFA basically saying that if you want into the 3rd division you need to agree to pay all your football debts, drop any court actions, waive your league sponsorship money and accept any and all punishments that we might dish out.
I didn't read it fully though, so may have missed out on something scandalous.
I thought Chuckie couldn't sell his shares until xmas, but he's sold them to the bus driver and he's now clear of all things Hun. (except being their biggest supporter, of course)
Perhaps not. He and Stockbridge set up a company then transferred Rangers' security to it. He may be continuing to milk them in other ways for a while yet.Quote:
Originally Posted by jonty
I wonder of he's been "silenced"Quote:
Originally Posted by ballengeich
On one hand no, but when he opens his mouth!!!
Still on my phone so haven't had the chance to read it myself yet either but, mentioned on twitter by others that the reason our transfer window has closed out of sync with others is because of the rangers embargo dating agrwed in the document. Also that the then, rangers IA agreed to forego prize money for the season to be distributed among the other spl clubs. Seema fine except on second glance, that means duff & Phelps agreed to lessen the creditors pot for sevco. Other stuff I picked up but can't provide context while on phoneQuote:
Originally Posted by StevieC
Quote:
Originally Posted by EuanH78
i read it somewhere yesterday that the cheating buns could have used some loophole to get players in(or something like that) :agree:
Just catching up on the Charlotte stuff.
Does anyone know what was on the tapes? They have been deleted from Soundcloud.
This suggests a few knives are being sharpened before the next Court case:-
http://www.twitlonger.com/show/n_1rm7vd6
Didn't get a chance to listen but gossip suggests some of players at the sevco boardroom talking about their extra maritals/ hookers and holidays dessed up as expenses paid business tripsQuote:
Originally Posted by CropleyWasGod
This was posted on P & B earlier today
From Charlotte,
Quote
The last set of Audio Releases had the aim of promoting that the words and actions of those who benefited most from the administration process at RFC, needed to be challenged.
Court cases are looming and it's important that the character of those who wish to pursue claims against others are closely scrutinised wherever possible, in order to avoid any possible conflict of interest.
Duff and Phelps have emphatically denied, and on public record, that they were aware of the total sum advanced by Ticketus, and that they were the primary funders, until some point in August 2011.
That position is still untenable and I've yet to see D&P withdraw their claims. Grier is documented as being aware in March 2011 and was in effect the Financial Director (by proxy) as soon as the takeover was complete.
He participated in the takeover talks with the Independent Committee and offered comfort that the funds were available. Yet it is Duff and Phelps who are suing Collyer Bristow for the alleged deceitful transaction.
D&P have lodged claims that RFC lost out on a valid investment opportunity led by Paul Murray and that RFC should recover this loss of investment.
That's a very strange position to maintain as the basis of a valid claim. D&P were already aware that the banks and Sir David Murray had dismissed the Paul Murray proposals. As for the reasons to reject, I'm not aware at this time.
Had David Grier disclosed the funding sources to the Independent Committee at any time, this deal could not have proceeded on the terms offered. The term 'duped' would not be available to use by anyone close to the deal either. Handy that.
Their attempts to pass the buck and blame others as being solely responsible, i.e. Gary Withey, is a step too far in my opinion.
So before any Drama Queens get further engrossed in the shock and horror of my 'Sun' type expose on Grier/Duff and Phelps, do consider the bigger picture.
Thousands of investors, debenture holders and fans suffered real distress and loss when RFC went into administration and subsequent liquidation. Many businesses were also damaged. The impact was far reaching and had and would have had a direct hit on many families, including those who may also be subject to litigation.
So please, spare me the moans and groans that my disclosures were a step too far.
Instead, convert that 'shock' into genuine concerns for the wider communities who suffered more due to rogue actions.
This wasn't an 'eye for an eye' type release. It was an intention to make it clear that those involved in the scandal are the ones who should bear responsibility for their actions.
Here we have a team, commonly known as 'The Rolex Boys' during the MCR years, having their secrets spilled. Ones which seem to cover extra marital relationships, prostitutes, cars and foreign holidays masked as corporate away days.
This team participated in probably the worst administration process known to many. Their actions are worthy of much closer inspection regardless of the general unease it might cause to a few.
I see it hasn't taken long for Zaliukis to slither along the M8 and start training with their big cousins Sevco.....
Bombscare centre-back hyped up beyond belief by a club with delusions of grandeur. Much like their fantastic youth team that have won hee haw for years.
Brannimir Kostadinov where are you?
Charity robbers.
I expect a goal rush next time we play the rangers.
Hibs 7 - 0 The Rangers
(Zaliukas OG 6,15,24,40,54,62,70)
Did he play in the recent friendly?
I really really hope he did :-) #RomanovsLoveChildQuote:
Originally Posted by hfc rd
If he gets a contract, he could start putting something towards Saving Hearts in Trouble.
Shocked he hasn't at least pulled a couple of pints at least whilst on expenses. :cb
So after seven years in the 'reserves', a 31-year old finally gets promotion to the first-team - pretty much typical of the 'Dark-Side's levels these days.
Leave him alone, he worked wonders in my Accrington Stanley team on FM2010.Quote:
Originally Posted by Pedantic_Hibee
No he didn't.Quote:
Originally Posted by hfc rd
I can't believe even Rangers would waste thousands a week on him :confused: They really have lost the plot, eh.
Surprised nobody has picked up on the Jim Spence story here....
http://www.heraldscotland.com/news/h...ments.22092189
He's been pulled up by the BBC for telling the truth - hunbelievable
I've complained to the BBC for apologising over a journalist who simply stated the facts
Phil Mac is adamant the BBC is going to back Spence over this.
You would have thought that the BBC would have learned its lesson about failing to get to the truth. Almost fifty years of denial over Jimmy Saville. I wonder how long the The Rangers will get?Quote:
Originally Posted by joe breezy
Angela haggarty reckons that herald story references an apology to an email complainant earlier and that the bbc's atance has hardened since.
There's an interesting guest post on paul mcconvilles blog about the tortured make up of sevco5088 and sevco scotland and thus the rangers. Would link but not so easy on my phone.
Also spotted some news item about the police having to investigate themselves re leaks relating to media house - has come up in the charlottefakes investigation.
scotslawthoughts.wordpress.com/2013/09/09/mystery-directors-and-the-rangers-sevco-5088-switcheroo-by-ecojon/
scottishlaw.blogspot.co.uk/2013/09/police-scotland-to-investigate-itself.html?m=1
Ok, got them both. Sounds serious. Happy days :)
http://scotslawthoughts.wordpress.co...roo-by-ecojon/Quote:
Originally Posted by EuanH78
http://scottishlaw.blogspot.co.uk/20...tself.html?m=1Quote:
Originally Posted by EuanH78
Thanks treadstone. Linking aint easy on phone
EGM at Ibrox is again looking likely, as they can't come to an agreement.
with all the stuff going on I keep thinking it's a good idea to remember things like this.....
13/06/12 – DAILY RECORD
“They’ll slip into liquidation within the next couple of weeks with a new company emerging but 140 years of history, triumph and tears, will have ended. No matter how Charles Green attempts to dress it up, a newco equals a new club. When the CVA was thrown out Rangers as we know them died. They were closed and a newco must start from scratch.”
- (Jim Traynor)
That's nice but there's no such thing as EGMs any more!Quote:
Originally Posted by keekaboo
Quote:
Originally Posted by Andy74
Que?
Wasn't aimed at you! They keep talking about EGMs. They are now just GMs.Quote:
Originally Posted by keekaboo
But he said sorry after reviewing the evidence and deciding he was wrong. Absolutely nothing to do with the fact he was getting paid by them and had to do a right good bit of grovelling to placate the people....Quote:
Originally Posted by Sir Alf R
Quote:
Originally Posted by Andy74
I thought that had something to do with dodgy wheat.
Have they been bought over by Monsanto?
:dunno:
My email address is banned from FollowFollow. Not sure why as I've never registered with them before.
Some ******nugget with a predilection for Hunular activity has written a complaint to the BBC regarding Jim Spence. Fellow FollowFollow fudknockers have congratulated him for his letter.
I simply sought to copy and paste quotes from Walter Smith, James Traynor, Richard Gough and Chuckles Green similarly saying what Jim Spence said.
Why are the Huns not taking them to task for their comments?
Because they're thick gullible forelock tuggers who believe what they're told to believe by any voice which emanates from Ibroke.Quote:
Originally Posted by Pedantic_Hibee
Forelock a bit superfluous there. :wink:Quote:
Originally Posted by green glory
More like an Eddie Large perm or perhaps a mullet.Quote:
Originally Posted by lapsedhibee
They'll do an email check. You should probably change your address from [email protected] then you might get in :agree:Quote:
Originally Posted by Pedantic_Hibee
http://www.londonstockexchange.com/e...T9Z75GBGBXASQ1
Gremlins in the Exchange this morning ?
Rangers International drop 100% a fall of £ 48 Billion ! :greengrin
Error discovered and page taken down on Stock exchange site Pity!
For the experts. I'm assuming the figure at the bottom of the page is literally all they have?
Attachment 10968
No, it's not. It's the amount of their share capital.Quote:
Originally Posted by green glory
There's no indication from that Annual Return as to how much cash they have. That would come from the accounts.
Ok cool. You might enjoy this rather more.Quote:
Originally Posted by CropleyWasGod
http://www.bailii.org/uk/cases/UKUT/TCC/2013/B6.pdf
Was there ever an outcome to the big tax case appeal appeal?
See link in previous post. The appeal has been considered and referred on to the Upper Tier Tribunal. It could have been referred back to the original FTT (the Huns requested that) but the judge rejects that approach based on a couple of things, that it would inevitably have led to a further appeal and that the FTT stuffed up:Quote:
Originally Posted by matty_f
Another interesting snippet:Quote:
The majority simply failed in its duty to make findings from
disputed evidence. One was left with the impression that,
since HMRC did not rely on an
allegation of sham, the majority took every document at face value and did not ask itself
what was the true purpose of the arrangements. HMRC’s submissions on that point
were
recited but not addressed.
Huns'll no like that. :na na:Quote:
Before coming to the detail of the case it is worth making a preliminary
observation.
I have referred above to the strong feelings of many football supporters.
Perhaps because of such feelings, professional football clubs are often regarded as having a special status.
In some respects that may be the correct view; but it should nevertheless
not be overlooked that a modern professional football club is not a “club”, in the sense of
an unincorporated association of members who join together in pursuit of a common
purpose, but a commercial enterprise whose function is to generate profits for its
shareholders. From that perspective it has no special status, and there is no reason why
its tax affairs should not be as open to scrutiny as those of any other profit making
organisation. The players, too, have no greater right to conceal their tax affairs from
public scrutiny than any other taxpayer. The fact that they are in the public eye is
irrelevant.
Also, other than HMRC officers and others who only gave evidence on condition of anonymity, the persons involved (mainly Huns) will be named and shamed in future reports.
Good start to the weekend :wink:Quote:
Originally Posted by JeMeSouviens
Curious this seems to have only come to light today. Deloittes were talking about it three weeks ago.Quote:
Originally Posted by green glory
https://www.taxpublications.deloitte...0?OpenDocument
Good old Scottish media on the ball as usual.
:rolleyes:
The Hun rebel "requisitioners" seem to have all but given up. Frank Blin has walked away. The Huns' nomad (nominated advisor, basically a regulator on behalf of the stock exchange) are refusing to support Paul Murray as a candidate for the board.
Looks like advantage Spivs. :wink:
http://scotslawthoughts.wordpress.co...eal-by-ecojon/
Revealed - Rangers given secret no-title-stripping guarantee
The letter: http://www.scribd.com/doc/168302228/...rtaking-Letter
WOW! Scandalous if legit. What are the chances of the MSM running with this one? Who's got the balls to do it, surely there must be some media organisation prepared to run with it.Quote:
Originally Posted by jonty
That isn't correct.Quote:
Originally Posted by jonty
The letter is a guarantee that Sevco would not have any action taken against them by the SPL for the matters considered by Lord Nimmo Smith.
If such a guarantee had been given to Rangers then Lord Nimmo Smith would not have even been able to fine them (as he in fact did).
IIRC, it was the Old Company that was fined.Quote:
Originally Posted by Part/Time Supporter
http://sport.stv.tv/football/clubs/r...ng-on-rangers/
Newco bears no responsibility for the rule breaches.
"There is no allegation that the current owner and operator of the club, The Rangers Football Club Limited (“Newco”), contravened the SPL Rules or could be held responsible for any breach by Oldco." (p1)
A fine has been imposed on Oldco covering all rule breaches.
"In all the circumstances the Commission has imposed a fine of £250,000 on Oldco." (p1)
That's my point. This document reveals that the SPL gave a guarantee to Sevco that they wouldn't be punished for the crimes of oldco, which meant that any punishment by LNS would only fall upon the oldco. This effectively meant that title stripping was **more** likely, not less, because that would have been the only effective punishment on the oldco, because it was already being liquidated and the SPL will only get pennies in the £ (if that) from the fine.Quote:
Originally Posted by CropleyWasGod
Green wouldn't have minded that because it wouldn't have harmed Sevco financially. In fact it may have helped Sevco financially because of the righteous indignation it would have induced amongst the Huns. What he was concerned about was the potential for a massive fine being handed down on Sevco that they may not have been able to afford.