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One thing that continues to perplex me is this opinion that the Newco will play at Ibrox.
Surely that is the asset that holds most value and will need to be sold to pay off the creditors?
I'm not sure how legal this 'incubation' strategy that has been mentioned is and if it is doable I'd be stunned.
If if I were Ticketus I'd snap it up pronto. Why have 3 yrs worth of tickets when you can have a lifetimes worth?
ha ha ha, so true, what a farce the whole thing is, although it's been like watching one long enjoyable humping of them...Quote:
Originally Posted by JeMeSouviens
Quote:
Originally Posted by JeMeSouviens
Its known in the financial circles as a "La Prise" contract on off ,on off , guy called Larry La Prise brought it out years ago funny thing is he was a staunch Hun, see you never know whats round the corner .
Larry La Prise, the man who wrote "The Hokey Cokey", died peacefully at age 93.
The most traumatic part for his family was getting
him into the coffin.
They put his left leg in - then all the trouble started!!!
Which is very much like Rangers cant just nail the ****** shut .
Ibrox is worth far more as a football stadium than a development site.Quote:
Originally Posted by Winston Ingram
If Ibrox is worth say £12m (plucked out the air) to a developer, Newhun would only have to offer a wee bit more for their bid would be accepted.
Rangers have had more 'high noon's than Gary Cooper. Its interminable, like Bryan Adams stupid robin hood song at number one, or the Afghan War. The story never ends. Can they just not **** off and die quietly? :dunno:Quote:
Originally Posted by JeMeSouviens
Alex Thomson confirms that UEFA will treat a CVA the same as a newco and ban the huns from Europe for 3 years.
Thank you very much for this. Despite going through very trying personal circumstances at the moment, this has brought a laugh to me and a spray of coke across the laptop screen.Quote:
Originally Posted by JeMeSouviens
Utter genius :aok::top marks
You're lucky it's just coke you spray across your laptop screen.Quote:
Originally Posted by McD
They do seem to be trying to portray a CVA passing as a forgone conclusion. Personally I think there's no chance unless someone willing to pay a lot more than Bill Miller (and why would they) rocks up. HMRC and Ticketus will say no chance, indeed why should any creditor say yes to an offer that could arguably be topped by liquidation?Quote:
Originally Posted by Jim44
HMRC have way over 25% if you include the Small Tax Case which Rangers have conceded.Quote:
Originally Posted by Caversham Green
I thought it had been settled (as in paid off). It's certainly not included in the list of creditors which forms the basis of the vote.Quote:
Originally Posted by jgl07
http://www.scottishfa.co.uk/scottish...=1&newsID=9842
SFA name members of hun appeal board for May 16.
Most likely means they are going to get the sanctions reduced.
This is a pity, but don't see it making much difference once the club is liquidated.
You're welcome. :aok:Quote:
Originally Posted by McD
What nonsense, so instead of clamping down on potential leaks and punishing those who who do leak information, the answer is just to publicly name them straight away, so they can feel the full force of the idiocy brigade before and after their decision?Quote:
Originally Posted by magpie1892
Is this the same Terry Butcher who's team went to the wall when they got relegated and had no games against the OF? Thought so!Quote:
Originally Posted by 1875godsgift
Terry Butcher is a ####### (starts with F, ends with wit)
I am not so sure..http://www.scribd.com/doc/93212354/S...ote-of-ReasonsQuote:
Originally Posted by magpie1892
Alex Thomson reckons that the last hearing considered Rangers offences were so serious 'only match fixing would have been worse' and they considered ending their membership in the SFA. Described as 'Craig Whyte engaged in "scandalous business activities"'
Good, let's get that out there far and wide, will make any reduction in punishment all the worse.
Quote:
Originally Posted by stokesmessiah
"On any view the matters involved in this case are as serious offences against theordinary standards of corporate governance as one could imagine. The Tribunalattempted in its exercise of fixing these matters on the scale of offences to identify amore serious offence than those on the complaints, and concluded that only matchfixing in its various forms might be a more serious breach. It had no hesitation inconcluding that the breaches struck at the heart of good corporate governance andsocial and financial probity and responsibility. They brought the game into seriousdisrepute. As such, they required to be regarded as at the top of the scale of seriousness"
Not Thompson but the SFA judicial panel that gave them the transfer ban !Quote:
Originally Posted by ScottB
EDIT: Sorry i misread your post.
David Murray and the other Hun stooges "duped" claims well and truly blown out of the water in there. :na na:Quote:
Originally Posted by stokesmessiah
I reckon they'll soften it a little, but it will be a pyhrric victory for hun with liquidation imminent.Quote:
Originally Posted by stokesmessiah
Happy to be wrong though, even happier if they increase the sanctions, just to hear the hun wail.
Ensuring they[rfc] & their smelly cousins get the largest slice of the SPL's financial cake is as close to match fixing as it gets.Quote:
Originally Posted by ScottB
Is there a duopolies commision?
Sicko..But i like it :greengrinQuote:
Originally Posted by magpie1892
Interesting to note in one of 1st paragraphs that the Huns had THREE reps there!..... will Sally be apologising then?????
Or even a duplicitous commission??:greengrinQuote:
Originally Posted by ****pile
That's a brilliant read! :top marksQuote:
Originally Posted by stokesmessiah
Basically Murray had no choice but to sell to Whyte (otherwise MIM would have been even deeper in the keech with HBOS who are/were owed £800m) and Craigie boy simply decided to stop paying any bills.
Blue Knights out of race to take over Rangers after offer is rejected by administrators.
http://bit.ly/IY2ed0
Tom English @TomEnglishSport
SFA reveal Rangers were told who was on original judicial panel before it sat. "Who are these people?" ranted A McCoist. He knew all along.
Must be the only "race" ever with no runners love the terminology used.Quote:
Originally Posted by Sir Alf R
For tense morning of negotiation read.
BK Awe go on. ye know it makes sense!
D & D Naw, ye cannae get the club for 80p we want at least £11m
BK But ye know we huv nae money and ah'm just daein this tae impress ma wife's sister- she hot, she's got both her own eyes and the squint is a lot better now. The hair on her back really turns me on and her ma said we could huv a threesome if I get Rangers.
D & D Look we have exhausted all the crap we could dish out tae the knuckledraggers about ye being a hero. If ye still cannae get yer gnat that's no our fault now ****** off. We have dreamt up a new buyer from Asia.