Generic Sevco / Rangers meltdown thread

[IWasThere2016]

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Koff... ballshecht... koff

[jgl07]

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The first point is, as you say, "alleged". If it is proven, then I would agree, everyone involved during that period should have a life-ban from involvement in football.

The second I'm not so sure about. He has a decent pedigree outside football, I understand.

But, hey, if someone wants to sell the club to a character with a mixed history, and he has the money... who am I to stop him? Ain't that right, Sir David?

I think the financial state of Rangers prior to the Craig Whyte takeover is a matter of fact not of allegation. Rangers were in a financial shambles regardless of how the Big Tax Case and the Wee Tax Case are resolved.

As for selling to 'someone with a colourful past' I think that you should be looking at Lloyds Bank Group, as by all accounts they more or less forced the sale on David Murray and the rest of the Rangers board.

[CropleyWasGod]

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I think the financial state of Rangers prior to the Craig Whyte takeover is a matter of fact not of allegation. Rangers were in a financial shambles regardless of how the Big Tax Case and the Wee Tax Case are resolved.

As for selling to 'someone with a colourful past' I think that you should be looking at Lloyds Bank Group, as by all accounts they more or less forced the sale on David Murray and the rest of the Rangers board.

It's not the financial state that I am saying is "alleged". It's the tax evasion and double-contracts that are.

[Seveno]

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because they are downright cowards, petrified of reprisals from personal attacks by rabid blue-nosed bigots, they will most likely browse rangers fans forums and will have noted the hatred that's typed about absolutely anyone that dares to say anything against their vile club

Quite simply, they are scared of antagonising Rangers fans and thus losing readership. That is the extent of their financial knowledge but important for them.

[jgl07]

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It's not the financial state that I am saying is "alleged". It's the tax evasion and double-contracts that are.

The reports about Murray (and King) being banned from involvement appear to be down to the overall state of Rangers' finances 'on their watch' regardless of the unresolved tax cases.

Using the same logic how much longer can Campbell Ogilvie stay in his current post?

[green glory]

http://blogs.channel4.com/alex-thomsons-view/

Part 2 as promised.

[Spike Mandela]

The administrators apply to be administrators...............

http://scotslawthoughts.wordpress.com/

[johnrebus]

Bit overpriced, no?


http://www.ebay.co.uk/itm/Castle-Gre...item3cc37db989

[jgl07]

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The administrators apply to be administrators...............

http://scotslawthoughts.wordpress.com/

I smell a prolonged legal dispute here as Duff and Phelps, Craig Whyte, HMRC, Ticketus, sundry pension companies, etc fight over the few tangible assets that Rangers have.

This could mean that any prospect of avoiding liquidation will be knocked on the head by the ongoing legal battle.

[johnrebus]

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[I[/I]I smell a prolonged legal dispute here as Duff and Phelps, Craig Whyte, HMRC, Ticketus, sundry pension companies, etc fight over the few tangible assets that Rangers have.

This could mean that any prospect of avoiding liquidation will be knocked on the head by the ongoing legal battle.

Surely the first thing to do is to establish whether Craig Whyte owns the Huns - or not.

Easy for D&P to say he is irrelevant, but I have a feeling it won't be quite as simple as that........,



Bring it on.

[green glory]

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Surely the first thing to do is to establish whether Craig Whyte owns the Huns - or not.

Easy for D&P to say he is irrelevant, but I have a feeling it won't be quite as simple as that........,

Bring it on.

As per the Scotsman article today that's also the expert view. Cue a battle for the assets while the club bleeds dry of cash. Possible prevention of any newco restarting at Ibrox.

[calmac12000]

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As per the Scotsman article today that's also the expert view. Cue a battle for the assets while the club bleeds dry of cash. Possible prevention of any newco restarting at Ibrox.

As I don't think you had to be a genius to forsee this whole saga is getting extremely messy.

[CropleyWasGod]

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As per the Scotsman article today that's also the expert view. Cue a battle for the assets while the club bleeds dry of cash. Possible prevention of any newco restarting at Ibrox.

It's similar to an acrimonious divorce. The solicitors rake it in, leaving the various parties penniless and homeless.

I could almost feel sorry for 'em.

[ancienthibby]

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It's similar to an acrimonious divorce. The solicitors rake it in, leaving the various parties penniless.

I could almost feel sorry for 'em.

Wash your mouth out, young man!

[blindsummit]

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I smell a prolonged legal dispute here as Duff and Phelps, Craig Whyte, HMRC, Ticketus, sundry pension companies, etc fight over the few tangible assets that Rangers have.

This could mean that any prospect of avoiding liquidation will be knocked on the head by the ongoing legal battle.

IMHO, this is the best possible outcome for us rankgers haters. I would actually though, also prefer they somehow avoided the get out of liquidation, and instead suffered a long, drawn out, expensive legal battle between mutliple parties, crippling whatever vestigal club remains in place. Years of pain, suffering and failure for the ever dwindling band of loyal followers. Bring it on!

[ancienthibby]

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IMHO, this is the best possible outcome for us rankgers haters. I would actually though, also prefer they somehow avoided the get out of liquidation, and instead suffered a long, drawn out, expensive legal battle between mutliple parties, crippling whatever vestigal club remains in place. Years of pain, suffering and failure for the ever dwindling band of loyal followers. Bring it on!

This whole thread is worth it for that word alone!

Though I suspect you might mean vestigial??

[WindyMiller]

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One of the fascinating aspects of this whole affair for me is the fact that, for the most part, complicated issues are being reported on by sports and news journalists who don't have specialist knowledge in tax and insolvency matters. Whilst I don't doubt their intent on getting at the truth, sometimes their lack of specialism results in confusing reports and messages. (eg STV and their "VAT being deducted from wages" nonsense).

Working out exactly what the reporters have been told (not what they think they have been told) is a joy.....

"BBC Scotland's senior football reporter Chris McLaughlin" just stated that Murray would hope to have his bid in by Friday and take over by the middle of next week!

PI$H!

[blindsummit]

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This whole thread is worth it for that word alone!

Though I suspect you might mean vestigial??

Correct sir! that is indeed what I meant. I was typing on a tablet, in my defence, and I can't type for ordure

[HibeesLA]

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http://blogs.channel4.com/alex-thomsons-view/

Part 2 as promised.

A great example there from the Rangers fans of how NOT to fly the Union Flag

[ancienthibby]

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Correct sir! that is indeed what I meant. I was typing on a tablet, in my defence, and I can't type for ordure

Really?? No scheidt!!

[blindsummit]

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Really?? No scheidt!!

Man you're reaching for it now

[green glory]

Oh this just gets better!

https://twitter.com/alextomo/status/179637540918263808

[CropleyWasGod]

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Oh this just gets better!

https://twitter.com/alextomo/status/179637540918263808

Brilliant.... this is like a David Lynch film.

Christian freaking Aid???

Love the comment... is that him that played for Hearts?

[ancienthibby]

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Man you're reaching for it now

No! It's yours!

I wouldnae go there, if I was you!

[blindsummit]

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Brilliant.... this is like a David Lynch film.

Christian freaking Aid???

Love the comment... is that him that played for Hearts?

My sides are aching. this couldn't get any better . I wonder if the pope will intervene now too

[green glory]

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Brilliant.... this is like a David Lynch film.

Christian freaking Aid???

Love the comment... is that him that played for Hearts?

Lol no. Channel 4's chief news correspondent and award winning war correspondent.

[CropleyWasGod]

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Oh this just gets better!

https://twitter.com/alextomo/status/179637540918263808

He doesn't say what CA have said.

This report on football financing is from 2011:-

http://www.christianaid.org.uk/image...eek-report.pdf

[CropleyWasGod]

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"BBC Scotland's senior football reporter Chris McLaughlin" just stated that Murray would hope to have his bid in by Friday and take over by the middle of next week!

PI$H!

Yeah right.

"I want that house. I'll move in next week."



Actually, if he CAN move that quickly, without due diligence, hell freaking mend him.

[green glory]

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He doesn't say what CA have said.

This report on football financing is from 2011:-

http://www.christianaid.org.uk/image...eek-report.pdf

He's going to be covering this in the 3rd part of his blog tomorrow. This week's gonnae be braw.

[greenginger]

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Yeah right.

"I want that house. I'll move in next week."



Actually, if he CAN move that quickly, without due diligence, hell freaking mend him.

Duff and Phelps would not be likely to hand over the Ibrox keys until they have raised enough money to pay themselves.

They would'nt want to become creditors of the club and have to vote a CVA for themselves.