hibs.net Messageboard

Results 1 to 23 of 23
  1. 09-01-2012 12:18 PM #1
    IWasThere2016
    IWasThere2016 is offline
    Coaching Staff IWasThere2016's Avatar
    Join Date
    Feb 2003
    Location
    Monifieth & Bolton
    Age
    56
    Posts
    35,323

    Exclamation Rangers Shares Suspended

    http://www.bbc.co.uk/news/uk-scotlan...iness-16471831

    Reply With Quote Reply With Quote

    2. Log in to remove the advert

  2. 09-01-2012 12:24 PM #2
    Baker9
    Baker9 is offline
    First Team Regular Baker9's Avatar
    Join Date
    Jul 2004
    Posts
    691
    Nothing to see here - move along. Anyone for a 10-team league?
    Reply With Quote Reply With Quote
  3. 09-01-2012 12:26 PM #3
    PeeKay
    PeeKay is offline
    @hibs.net private member PeeKay's Avatar
    Join Date
    Aug 2002
    Location
    Blackhall
    Posts
    761
    "Rangers have seen their shares suspended from trading on the stock exchange after submitting unaudited accounts. The club also confirmed in a statement to the PLUS Stock Exchange that they were considering withdrawing their listing on the exchange in the long term."

    The only route they could go given that they couldn't find an accountant who was prepared to sign off their accounts with so much uncertainty hanging over them.
    Reply With Quote Reply With Quote
  4. 09-01-2012 12:27 PM #4
    bingo70
    bingo70 is offline
    @hibs.net private member bingo70's Avatar
    Join Date
    Mar 2005
    Age
    42
    Posts
    33,375
    Quote Originally Posted by The_Quiet_Man View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Does this mean they're likely to go into administration or will there be more to it than that?
    Reply With Quote Reply With Quote
  5. 09-01-2012 12:34 PM #5
    Thecat23
    Thecat23 is offline
    Coaching Staff Thecat23's Avatar
    Join Date
    Jul 2009
    Age
    45
    Posts
    19,713
    Quote Originally Posted by bingo70 View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Does this mean they're likely to go into administration or will there be more to it than that?
    It means Rangers are in real trouble. They could go into Administration but i do think this is going to be a long drawn out process.
    Reply With Quote Reply With Quote
  6. 09-01-2012 12:37 PM #6
    PatHead
    PatHead is offline
    @hibs.net private member
    Join Date
    Nov 2009
    Location
    Back in the town
    Age
    60
    Posts
    11,873
    Wonder if this would lead to them being banned from Europe? Have Uefa not brought in new rules about this sort of thing?
    Reply With Quote Reply With Quote
  7. 09-01-2012 12:42 PM #7
    TheEastTerrace
    TheEastTerrace is offline
    Testimonial Due TheEastTerrace's Avatar
    Join Date
    Oct 2002
    Posts
    2,810
    Quote Originally Posted by PatHead View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Wonder if this would lead to them being banned from Europe? Have Uefa not brought in new rules about this sort of thing?
    An online petition has already been submitted to the SFA demanding answers to why Rangers were granted a license to compete in Europe this season when they owed outstanding sums to HMRC.

    They won't get a license if no-one signs off these accounts.

    Ah, great viewing this.
    Reply With Quote Reply With Quote
  8. 09-01-2012 12:47 PM #8
    Caversham Green
    Caversham Green is offline
    Aspiring to mediocrity Caversham Green's Avatar
    Join Date
    Jul 2007
    Posts
    5,089
    I don't think that this means an awful lot in itself. The auditors would no doubt want to provide for the full tax liability since the amount has been established, but Rangers are contesting it, and providing for it in their accounts could be presented by HMRC as an admission of liability, therefore all they can do is hold off until the full picture is clear. They can continue to trade as normal, it's just that shareholders can't buy or sell shares on the PLUS market. Given that Whyte holds a working majority of share the listing seems somewhat superfluous in any case.

    There's no doubt that RFC are in serious bother, and administration (or other insolvency procedures) is a distinct possibility, but this won't be the trigger.
    Reply With Quote Reply With Quote
  9. 09-01-2012 01:31 PM #9
    greenginger
    greenginger is offline
    @hibs.net private member greenginger's Avatar
    Join Date
    Dec 2008
    Location
    LEITH NO MORE
    Posts
    7,077
    Quote Originally Posted by moff1875 View Post
    This quote is hidden because you are ignoring this member. Show Quote
    An online petition has already been submitted to the SFA demanding answers to why Rangers were granted a license to compete in Europe this season when they owed outstanding sums to HMRC.

    They won't get a license if no-one signs off these accounts.

    Ah, great viewing this.

    Perhaps HOMFC's name should be added to this petition as to why they were also given a license to compete in Europe.

    Last months winding -up order which Hearts settled was , according to a HOMFC spokesman to settle a "historic debt" with the tax man.
    Obviously the SFA were not made aware of this debt.
    Reply With Quote Reply With Quote
  10. 09-01-2012 02:43 PM #10
    WindyMiller
    WindyMiller is offline
    Testimonial Due WindyMiller's Avatar
    Join Date
    Nov 2006
    Location
    Swanston
    Age
    70
    Posts
    4,450
    Quote Originally Posted by greenginger View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Perhaps HOMFC's name should be added to this petition as to why they were also given a license to compete in Europe.

    Last months winding -up order which Hearts settled was , according to a HOMFC spokesman to settle a "historic debt" with the tax man.
    Obviously the SFA were not made aware of this debt.

    Probably the result of publishing your accounts 9 months after the year end.
    Reply With Quote Reply With Quote
  11. 09-01-2012 02:49 PM #11
    Barney McGrew
    Barney McGrew is offline
    Coaching Staff Barney McGrew's Avatar
    Join Date
    May 2002
    Posts
    15,030
    http://www.rangersfc2012.co.uk/

    Reply With Quote Reply With Quote
  12. 09-01-2012 02:51 PM #12
    LancsHibs
    LancsHibs is offline
    @hibs.net private member LancsHibs's Avatar
    Join Date
    Aug 2002
    Location
    Lancashire
    Age
    53
    Posts
    3,257
    We should tell them to shove their interest in Gary O. Can't be seen to do business with a company run like that
    Reply With Quote Reply With Quote
  13. 09-01-2012 02:58 PM #13
    mglancy23
    mglancy23 is offline
    Testimonial Due mglancy23's Avatar
    Join Date
    Feb 2005
    Location
    edinburgh
    Age
    41
    Posts
    1,880
    Gamer IDs

    Gamertag: mglancy23 Wii Code: 5354 5735 9094 1582
    Quote Originally Posted by Barney McGrew View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Reply With Quote Reply With Quote
  14. 09-01-2012 03:49 PM #14
    Sylar
    Sylar is offline
    @hibs.net private member Sylar's Avatar
    Join Date
    Nov 2005
    Location
    Lanark/Palo Alto
    Age
    38
    Posts
    17,517
    Gamer IDs

    Gamertag: sjmcg1304
    This is just part of the great Catholic conspiracy against the mighty Glasgow Rangers, which is being amplified at all those tim-run newspapers such as the Sunday Liam, who cannae wait to see the back of this great club.

    No Surrender!
    Madness, as you know, is a lot like gravity. All it takes is a little push.
    Reply With Quote Reply With Quote
  15. 09-01-2012 04:49 PM #15
    magpie1892
    magpie1892 is offline
    Testimonial Due magpie1892's Avatar
    Join Date
    Dec 2006
    Posts
    2,359
    Quote Originally Posted by Barney McGrew View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Just perfect. Simple yet clever.
    Reply With Quote Reply With Quote
  16. 09-01-2012 04:50 PM #16
    BroxburnHibee
    BroxburnHibee is offline
    @hibs.net private member BroxburnHibee's Avatar
    Join Date
    Jan 2005
    Location
    Erm...........................
    Age
    56
    Posts
    12,941
    Gamer IDs

    Gamertag: CoolHibeesdaft PSN ID: Hibeesdaft
    Quote Originally Posted by The Story So Far... View Post
    This quote is hidden because you are ignoring this member. Show Quote
    This is just part of the great Catholic conspiracy against the mighty Glasgow Rangers, which is being amplified at all those tim-run newspapers such as the Sunday Liam, who cannae wait to see the back of this great club.

    No Surrender!
    Life should NOT be a journey to the grave with the intention of arriving safely in an attractive and well preserved body, but rather to skid in sideways, chocolate in one hand, vodka in the other, body thoroughly used up, totally worn out and screaming, "WOO HOO what a ride!"
    Reply With Quote Reply With Quote
  17. 09-01-2012 04:55 PM #17
    greenginger
    greenginger is offline
    @hibs.net private member greenginger's Avatar
    Join Date
    Dec 2008
    Location
    LEITH NO MORE
    Posts
    7,077
    How about

    The cry was shares suspended,

    You canny sell or buy !
    Reply With Quote Reply With Quote
  18. 09-01-2012 05:05 PM #18
    Baldy Foghorn
    Baldy Foghorn is offline
    Testimonial due Baldy Foghorn's Avatar
    Join Date
    Apr 2002
    Location
    Edinburgh
    Age
    51
    Posts
    18,783
    Quote Originally Posted by The Story So Far... View Post
    This quote is hidden because you are ignoring this member. Show Quote
    This is just part of the great Catholic conspiracy against the mighty Glasgow Rangers, which is being amplified at all those tim-run newspapers such as the Sunday Liam, who cannae wait to see the back of this great club.

    No Surrender!
    You must have spent too much time with the currant buns on Sunday

    Given you have an anti-Celtic bias as you admitted yourself, I for one find the above post offensive, and should have no place on Hibs.net, more suited to Follow Follow
    Last edited by Baldy Foghorn; 09-01-2012 at 05:46 PM.
    "There's class, there's first class and there's Hibs class" - Eddie Turnbull
    Reply With Quote Reply With Quote
  19. 09-01-2012 05:13 PM #19
    ancienthibby
    ancienthibby is offline
    Testimonial Due
    Join Date
    Nov 2006
    Posts
    2,896
    Quote Originally Posted by The Story So Far... View Post
    This quote is hidden because you are ignoring this member. Show Quote
    This is just part of the great Catholic conspiracy against the mighty Glasgow Rangers, which is being amplified at all those tim-run newspapers such as the Sunday Liam, who cannae wait to see the back of this great club.

    No Surrender!
    Without any smilies to say otherwise, you just cannot be serious!!

    Cav Green has set out the position earlier.

    In a word, RFC have delayed publishing their accounts for a modest fee of maybe £100 or £1000, in order to gain more time against an unhappy creditor!

    Companies do this EVERY DAY OF THE WEEK!!
    Reply With Quote Reply With Quote
  20. 09-01-2012 06:04 PM #20
    Sylar
    Sylar is offline
    @hibs.net private member Sylar's Avatar
    Join Date
    Nov 2005
    Location
    Lanark/Palo Alto
    Age
    38
    Posts
    17,517
    Gamer IDs

    Gamertag: sjmcg1304
    Quote Originally Posted by Baldy Foghorn View Post
    This quote is hidden because you are ignoring this member. Show Quote
    You must have spent too much time with the currant buns on Sunday

    Given you have an anti-Celtic bias as you admitted yourself    , I for one find the above post offensive, and should have no place on Hibs.net, more suited to Follow Follow
    Clearly you read the thread yesterday (as per sections in bold) and I refuse to believe you would have selectively overlooked my response to being branded as a "hun". Taking all that into account, it's so glaringly obvious the post you've quoted is nothing other than a tongue in cheek response to such accusations (as BroxburnHibee above managed to quite ably detect).

    Quote Originally Posted by ancienthibby View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Without any smilies to say otherwise, you just cannot be serious!!

    Cav Green has set out the position earlier.

    In a word, RFC have delayed publishing their accounts for a modest fee of maybe £100 or £1000, in order to gain more time against an unhappy creditor!

    Companies do this EVERY DAY OF THE WEEK!!
    As per above.
    Madness, as you know, is a lot like gravity. All it takes is a little push.
    Reply With Quote Reply With Quote
  21. 09-01-2012 06:08 PM #21
    Baldy Foghorn
    Baldy Foghorn is offline
    Testimonial due Baldy Foghorn's Avatar
    Join Date
    Apr 2002
    Location
    Edinburgh
    Age
    51
    Posts
    18,783
    Quote Originally Posted by The Story So Far... View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Clearly you read the thread yesterday (as per sections in bold) and I refuse to believe you would have selectively overlooked my response to being branded as a "hun". Taking all that into account, it's so glaringly obvious the post you've quoted is nothing other than a tongue in cheek response to such accusations (as BroxburnHibee above managed to quite ably detect).



    As per above.
    Never noticed your response on previous thread.
    "There's class, there's first class and there's Hibs class" - Eddie Turnbull
    Reply With Quote Reply With Quote
  22. 09-01-2012 06:12 PM #22
    Sylar
    Sylar is offline
    @hibs.net private member Sylar's Avatar
    Join Date
    Nov 2005
    Location
    Lanark/Palo Alto
    Age
    38
    Posts
    17,517
    Gamer IDs

    Gamertag: sjmcg1304
    Quote Originally Posted by Baldy Foghorn View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Never noticed your response on previous thread.
    No worries - I guess it's a bit much to expect every poster to read every post on here, but as you were active in the discussion, I figured you would have seen it.
    Madness, as you know, is a lot like gravity. All it takes is a little push.
    Reply With Quote Reply With Quote
  23. 09-01-2012 06:16 PM #23
    Baldy Foghorn
    Baldy Foghorn is offline
    Testimonial due Baldy Foghorn's Avatar
    Join Date
    Apr 2002
    Location
    Edinburgh
    Age
    51
    Posts
    18,783
    Quote Originally Posted by The Story So Far... View Post
    This quote is hidden because you are ignoring this member. Show Quote
    No worries - I guess it's a bit much to expect every poster to read every post on here, but as you were active in the discussion, I figured you would have seen it.
    Cool
    "There's class, there's first class and there's Hibs class" - Eddie Turnbull
    Reply With Quote Reply With Quote
« Previous Thread | Next Thread »

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Forum Rules

hibs.net ©2020 All Rights Reserved
- Mobile Leaderboard (320x50) - Leaderboard (728x90)