Generic Sevco / Rangers meltdown thread

[lapsedhibee]

This quote is hidden because you are ignoring this member. Show Quote

Latest tweet from Alex Thomson

#c4news we aim to run a major investigation into Glasgow Rangers FC tomorrow night. Watch this space.

Excellent news. If this goes wholly aright, it should mean the end of Young, Traynor, Dodds, etc, and their execrable output.

[green glory]

This quote is hidden because you are ignoring this member. Show Quote

Excellent news. If this goes wholly aright, it should mean the end of Young, Traynor, Dodds, etc, and their execrable output.

Is there any confirmation yet who threatened Alex Thomson? Was it fat JT?

[Sylar]

This quote is hidden because you are ignoring this member. Show Quote

Excellent news. If this goes wholly aright, it should mean the end of Young, Traynor, Dodds, etc, and their execrable output.

http://www.channel4.com/news/we-run-...olice-sfa-boss

Alex Thompson just comes across as an utter **** in this interview.

I'm all for hard questions being asked of how this entire situation has/has been allowed to unfold, but his approach is pretty poor here.

[grunt]

This quote is hidden because you are ignoring this member. Show Quote

Is there any confirmation yet who threatened Alex Thomson? Was it fat JT?

He's getting a fair number of threats and abuse on Twitter

[Spike Mandela]

This quote is hidden because you are ignoring this member. Show Quote

http://www.channel4.com/news/we-run-...olice-sfa-boss

Alex Thompson just comes across as an utter **** in this interview.

I'm all for hard questions being asked of how this entire situation has/has been allowed to unfold, but his approach is pretty poor here.

No he doesn't. It's about time some of the authority figures in the game faced some rigourous questioning from serious interviewers rather than the amateurish attempts by the poodles in the Scottish media.

For the record I think Regan gave a good account of himself but when have you ever heard any sports journalist ask probing questions like this to an official?

[Hibernia&Alba]

This quote is hidden because you are ignoring this member. Show Quote

Is there any confirmation yet who threatened Alex Thomson? Was it fat JT?

Good question. Surely no wee Chico?


Keep in there, Alex, This is Watergate 2012.

[WindyMiller]

One for the geeks, if anyone's interested;


http://www.rangers.co.uk/staticFiles...~161357,00.pdf

[PatHead]

CWG or another clever accountant chappie

Someone was telling me the new "Pheonix" company rules re new company taking on debt of previous regime come into effect on 6 April.


Is this true and if so would it suit Craig Whyte to take Rangers into liquidation before 6 April as Rangers 2012 would not inherit the debt?

[JeMeSouviens]

This quote is hidden because you are ignoring this member. Show Quote

Does anyone else here think this is a rather weak excuse?

"A bulging eyed big boy did it and ran away" is about the size of it.

[stokesmessiah]

This quote is hidden because you are ignoring this member. Show Quote

CWG or another clever accountant chappie

Someone was telling me the new "Pheonix" company rules re new company taking on debt of previous regime come into effect on 6 April.


Is this true and if so would it suit Craig Whyte to take Rangers into liquidation before 6 April as Rangers 2012 would not inherit the debt?

I am by no means an accountant chappie but i suspect they would only be applicable for debts accrued after that date?

[greenginger]

This quote is hidden because you are ignoring this member. Show Quote

I am by no means an accountant chappie but i suspect they would only be applicable for debts accrued after that date?

Like the BIG tax case ! I was wondering about the delay in announcing any decision.

[stokesmessiah]

This quote is hidden because you are ignoring this member. Show Quote

Like the BIG tax case ! I was wondering about the delay in announcing any decision.

This was all accrued prior to that date though so i dont think it would be applicable.

[jonty]

Lorenzo Amoruso fears loss of Rangers SPL titles
http://www.bbc.co.uk/sport/0/football/17556572

Never going to happen - although it should.

"Nobody will take that away from us and the fans. We won on the pitch, not because of the money. We were better than the other teams, that's it.

You just don't get it Lorenzo. Some of those players shouldnt have been on the pitch in the first place.

[CropleyWasGod]

This quote is hidden because you are ignoring this member. Show Quote

No he doesn't. It's about time some of the authority figures in the game faced some rigourous questioning from serious interviewers rather than the amateurish attempts by the poodles in the Scottish media.

For the record I think Regan gave a good account of himself but when have you ever heard any sports journalist ask probing questions like this to an official?

I agree with you.

A lot of the questioning was set by Captain Hindsight... as is much of our discussion on here. Regan's an easy target, but I think he has done as much as he could under the present set-up. He also seems open to learning from what has happened.

What is refreshing is that we have a non-Scottish based journalist asking questions of someone who is a non-Scot. Important questions were asked, and honest answers given.

[CropleyWasGod]

This quote is hidden because you are ignoring this member. Show Quote

CWG or another clever accountant chappie

Someone was telling me the new "Pheonix" company rules re new company taking on debt of previous regime come into effect on 6 April.


Is this true and if so would it suit Craig Whyte to take Rangers into liquidation before 6 April as Rangers 2012 would not inherit the debt?

I'm afraid I have to take the Scott Brown stance on that. I dunno.

[CropleyWasGod]

This quote is hidden because you are ignoring this member. Show Quote

Good question. Surely no wee Chico?


.

I'm not normally one for shouting at the radio, but this from Chico last night:-

"if Rangers go into liquidation, HMRC won't get a penny."

:giruy:... and any other appropriate smilies.

[green glory]

Interesting stuff. Stewart Regan apparently walked out of a meeting with RFC fans groups yesterday. Can just imagine the sh@te they were spouting at him.

[down-the-slope]

This quote is hidden because you are ignoring this member. Show Quote

The first is 'may' the second is 'shall'

Yes but the 'shall' is after and dependant on the 'may'

[AndyM_1875]

This quote is hidden because you are ignoring this member. Show Quote

I'm not normally one for shouting at the radio, but this from Chico last night:-

"if Rangers go into liquidation, HMRC won't get a penny."

:giruy:... and any other appropriate smilies.

To be fair, he may be right. An accountant chap I know said to me that it is not in HMRC's interest to get Rangers wound up. There is a guaranteed revenue stream there in the years ahead from fat huns in horrible replica strips buying season tickets and mainly pies so pushing for liquidation is just plain daft.

Wouldn't put too much faith in the BTC either. It's not as simple as it may appear and is made up of many parts. Some bits Rangers will undoubtly be found guilty of, others are open to much more doubt. Worth remembering too what happened with Arsenal's EBT scheme.

HMRC - You owe us 300m in back taxes and fines for using EBTs Arsenal.
Arsenal -No we don't.
HMRC - Yes you do. We worked it out.
Arsenal - Look here's 10m, now go away and bugger off and never bother us again about this.
HMRC - OK, give us the 10.

[jgl07]

The Herald reported today that the American consortium Club 9 were the preferred bidder for Rangers with an offer of £25 million.

They intend to liquidate the club and form a Newco and either apply for the SPL or for to the SFL Division 3.

http://www.heraldscotland.com/news/h...ngers.17178029

Only the Blue Knights seem to be working on the assumption that a CVA will be possible. Their bid seems to be on the point of collapse anyway.

[Newry Hibs]

This quote is hidden because you are ignoring this member. Show Quote

To be fair, he may be right. An accountant chap I know said to me that it is not in HMRC's interest to get Rangers wound up. There is a guaranteed revenue stream there in the years ahead from fat huns in horrible replica strips buying season tickets and mainly pies so pushing for liquidation is just plain daft.

Wouldn't put too much faith in the BTC either. It's not as simple as it may appear and is made up of many parts. Some bits Rangers will undoubtly be found guilty of, others are open to much more doubt. Worth remembering too what happened with Arsenal's EBT scheme.

HMRC - You owe us 300m in back taxes and fines for using EBTs Arsenal.
Arsenal -No we don't.
HMRC - Yes you do. We worked it out.
Arsenal - Look here's 10m, now go away and bugger off and never bother us again about this.
HMRC - OK, give us the 10.

But won't these fans still spend money on other football teams? Be it Partick Thistle or whatever blue slime emerges from liquidation.

[Famous5forever]

This quote is hidden because you are ignoring this member. Show Quote

The Herald reported today that the American consortium Club 9 were the preferred bidder for Rangers with an offer of £25 million.

They intend to liquidate the club and form a Newco and either apply for the SPL or for to the SFL Division 3.

http://www.heraldscotland.com/news/h...ngers.17178029

Only the Blue Knights seem to be working on the assumption that a CVA will be possible. Their bid seems to be on the point of collapse anyway.

I Feel there end game was always Liquidation wipe out all debts and start again SPL Will welcome them back in of course with a red carpet and a brass band.

[jgl07]

This quote is hidden because you are ignoring this member. Show Quote

I Feel there end game was always Liquidation wipe out all debts and start again SPL Will welcome them back in of course with a red carpet and a brass band.

In the 2015-20016 season!

[CropleyWasGod]

This quote is hidden because you are ignoring this member. Show Quote

To be fair, he may be right. An accountant chap I know said to me that it is not in HMRC's interest to get Rangers wound up. There is a guaranteed revenue stream there in the years ahead from fat huns in horrible replica strips buying season tickets and mainly pies so pushing for liquidation is just plain daft.

Wouldn't put too much faith in the BTC either. It's not as simple as it may appear and is made up of many parts. Some bits Rangers will undoubtly be found guilty of, others are open to much more doubt. Worth remembering too what happened with Arsenal's EBT scheme.

HMRC - You owe us 300m in back taxes and fines for using EBTs Arsenal.
Arsenal -No we don't.
HMRC - Yes you do. We worked it out.
Arsenal - Look here's 10m, now go away and bugger off and never bother us again about this.
HMRC - OK, give us the 10.

He's not right, though. If RFC are wound up, the assets will be sold off, and HMRC will get some (possibly most) of the proceeds. Not "not a penny".

As for the future, we all know that there will be an RFC. There will be an income stream for the Treasury.

Sorry, but Young is just plain wrong, and I'm not going to get my financial information from the likes of him.

Edit.. I wasn't aware of Arsenal's experience. Do you have a link for that?

[CropleyWasGod]

This quote is hidden because you are ignoring this member. Show Quote

The Herald reported today that the American consortium Club 9 were the preferred bidder for Rangers with an offer of £25 million.

They intend to liquidate the club and form a Newco and either apply for the SPL or for to the SFL Division 3.

http://www.heraldscotland.com/news/h...ngers.17178029

Only the Blue Knights seem to be working on the assumption that a CVA will be possible. Their bid seems to be on the point of collapse anyway.

Finally... someone out there who sees sense.

[Lucius Apuleius]

The bit I like best

Club 9 Sports made attempts to buy Tranmere Rovers and take a controlling interest in Sheffield Wednesday but both moves were unsuccessful.

The bids appeared to fail because in both cases the business plan involved short-term restructuring, and drawing consultancy fees, with a view to selling the clubs on.

[Hibee87]

I am usre this has already been asnwered but ill ask any way:

Rangers are almost certian to be liquidated.

Although the SFA would like them the newco to come straight back into the league I simply dont see the other teams agreeing to this - i would guess the 11-1 voting system would be what is used for this? and I would guess at least 3 -4 clubs would tell them to bolt (hibs, hearts, dundee utd, dunfermline *on the assumption they may be relegated) plus maybe more inverness (sure they have said this already), killi, aberdeen. therefore the SFA CANT let them in no matter how much they want it right? this also leaves open the fact none of us will get relegated and newco will have to re apply to the SFL which im sure would happen and they are left in the wilderness for a few years at least.

basically my question is do the 'experts' on here agree that this is the likely outcome or have i missed 137 pages of the same thing?

[CropleyWasGod]

This quote is hidden because you are ignoring this member. Show Quote

The bit I like best

Club 9 Sports made attempts to buy Tranmere Rovers and take a controlling interest in Sheffield Wednesday but both moves were unsuccessful.

The bids appeared to fail because in both cases the business plan involved short-term restructuring, and drawing consultancy fees, with a view to selling the clubs on.

Oh... Page 3 of the Craig Whyte Manual of Football Management.... I like, too.

[Seveno]

This quote is hidden because you are ignoring this member. Show Quote

One for the geeks, if anyone's interested;


http://www.rangers.co.uk/staticFiles...~161357,00.pdf

I see that one of Craigie's businesses involves ticketing.

I smell a small furry rodent.

[CropleyWasGod]

This quote is hidden because you are ignoring this member. Show Quote

I am usre this has already been asnwered but ill ask any way:

Rangers are almost certian to be liquidated.

Although the SFA would like them the newco to come straight back into the league I simply dont see the other teams agreeing to this - i would guess the 11-1 voting system would be what is used for this? and I would guess at least 3 -4 clubs would tell them to bolt (hibs, hearts, dundee utd, dunfermline *on the assumption they may be relegated) plus maybe more inverness (sure they have said this already), killi, aberdeen. therefore the SFA CANT let them in no matter how much they want it right? this also leaves open the fact none of us will get relegated and newco will have to re apply to the SFL which im sure would happen and they are left in the wilderness for a few years at least.

basically my question is do the 'experts' on here agree that this is the likely outcome or have i missed 137 pages of the same thing?

"Experts"....

The fact that we are now up to 137 pages of argument and speculation tells you all you need to know. As the saying goes, you could lie 1m economists down in a line, and they still wouldn't reach a conclusion.