Generic Sevco / Rangers meltdown thread

[grunt]

Douglas Fraser‏@BBCDouglsFraserBlue Knights' message to #Rangers administrators and Ng bid: show us the Singaporean dollars, and let's see you get a creditor deal

Does anyone else on here find this absolutely hilarious? No? Just me then.

[CropleyWasGod]

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Does anyone else on here find this absolutely hilarious? No? Just me then.

... it has to be said in a Dick Emery-type voice.

[marinello59]

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TBH, I don't think it makes liquidation any more or any less likely.

Unless, of course, Mr. Ng has bottomless pockets.

I didn't realise that Ticketus had jumped ship. You are right, it probably makes no difference to the prospect of liquidation.

[CentreLine]

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I didn't realise that Ticketus had jumped ship. You are right, it probably makes no difference to the prospect of liquidation.

I just don't understand why the BK's would expect Ticketus to fund yet another takeover. Have they not just been potentially stung big time? How does the saying go? Fool me once, shame on you. Fool me twice.................

[CropleyWasGod]

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I just don't understand why the BK's would expect Ticketus to fund yet another takeover. Have they not just been potentially stung big time? How does the saying go? Fool me once, shame on you. Fool me twice.................

But aren't Ticketus now in bed with Billy-boy Ng?

[EuanH78]

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I just don't understand why the BK's would expect Ticketus to fund yet another takeover. Have they not just been potentially stung big time? How does the saying go? Fool me once, shame on you. Fool me twice.................

No, no I think George W. Bush said it best...

Wait a minute, no I think your right first time

[greenginger]

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But aren't Ticketus now in bed with Billy-boy Ng?

I like the prospect of Ticketus sucking the Huns dry over many years to get their cash back rather than the debt being washed away in a liquidation.

On a different note I see a squabble is starting over claims on the Ibrox Corpse.

http://www.express.co.uk/posts/view/...s-cash-jackpot

There still a few uncertainties though, What if Rangers are docked more points for their footballing crimes and finish in 3rd spot or lower, their would be no cash jackpot to squabble over.

Also , I think EUFA might want a say, as they won't approve of the Scottish clubs being squared-up and their European counterparts being hung out to dry.

This will run and run.

[CropleyWasGod]

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I like the prospect of Ticketus sucking the Huns dry over many years to get their cash back rather than the debt being washed away in a liquidation.

On a different note I see a squabble is starting over claims on the Ibrox Corpse.

http://www.express.co.uk/posts/view/...s-cash-jackpot

There still a few uncertainties though, What if Rangers are docked more points for their footballing crimes and finish in 3rd spot or lower, their would be no cash jackpot to squabble over.

Also , I think EUFA might want a say, as they won't approve of the Scottish clubs being squared-up and their European counterparts being hung out to dry.

This will run and run.

If the SPL were to try to divert Hearts' cash, any creditor would then have grounds for complaint, as this would be seen as an unfair preference. Hearts would be getting all of the money they are owed, as opposed to the xpence in the £ that they would get under a CVA or liquidation.

[CentreLine]

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If the SPL were to try to divert Hearts' cash, any creditor would then have grounds for complaint, as this would be seen as an unfair preference. Hearts would be getting all of the money they are owed, as opposed to the xpence in the £ that they would get under a CVA or liquidation.

But is the money due to Rangers unconditionally and if not should D&F be counting it as monies due? They are not sure of 2nd place so how can they do that? Is there nobody out there regulating what this bunch are up to? Are they impostors or what? It looks very much like D&F have gambled on keeping players they can't afford in the hope that it will attract a better buyer and a better league position but with no guarantee of either. They then appear to be counting their chickens as it were in respect of the monies due in for that "success". Prompt liquidation on the other hand would deliver a guaranteed sum and a significant reduction in fees to D&F.

I wish they would just get on with it, the way it looks is that they are playing roulette with our (the tax payers) money

[CropleyWasGod]

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But is the money due to Rangers unconditionally and if not should D&F be counting it as monies due? They are not sure of 2nd place so how can they do that? Is there nobody out there regulating what this bunch are up to? Are they impostors or what? It looks very much like D&F have gambled on keeping players they can't afford in the hope that it will attract a better buyer and a better league position but with no guarantee of either. They then appear to be counting their chickens as it were in respect of the monies due in for that "success". Prompt liquidation on the other hand would deliver a guaranteed sum and a significant reduction in fees to D&F.

I wish they would just get on with it, the way it looks is that they are playing roulette with our (the tax payers) money

I don't think RFC are counting on it (2nd place money) at all. However, the more they earn through the League, the more there is in the pot for creditors.

As I read the Express piece, it's the media that are suggesting Romanov will ask for RFC's prize-money.

[CentreLine]

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I don't think RFC are counting on it (2nd place money) at all. However, the more they earn through the League, the more there is in the pot for creditors.

As I read the Express piece, it's the media that are suggesting Romanov will ask for RFC's prize-money.

I know, sorry, ever the voice of reason CWG. I'm just venting my frustration as RFC seem to be geting away with cheating and it now looks to me like D&F are cheating on their behalf.

[CropleyWasGod]

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I know, sorry, ever the voice of reason CWG. I'm just venting my frustration as RFC seem to be geting away with cheating and it now looks to me like D&F are cheating on their behalf.

Giggling here. My kids and various ex-partners would scoff at the idea of me being "the voice of reason"

[Seveno]

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Giggling here. My kids and various ex-partners would scoff at the idea of me being "the voice of reason"

What I would like to know is how you managed to persuade Duff & Duffer to do sweet FA whilst you were away on holiday so that you wouldn't miss anything.

[CropleyWasGod]

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What I would like to know is how you managed to persuade Duff & Duffer to do sweet FA whilst you were away on holiday so that you wouldn't miss anything.

I AM DUFFMAN!!!

Here's a wee twist:-

http://www.bbc.co.uk/sport/0/football/17739292

[greenginger]

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I AM DUFFMAN!!!

Here's a wee twist:-

http://www.bbc.co.uk/sport/0/football/17739292

Do you think Paul Murray, realizing he might actually win the bidding process, has taken cold feet ? He probably thought he could go along for the publicity ride and maybe get invited to join with a consortium with serious money who would be queuing up to buy der Hun.

Seeing how none appeared it was time for the escape hatch.

[CropleyWasGod]

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Do you think Paul Murray, realizing he might actually win the bidding process, has taken cold feet ? He probably thought he could go along for the publicity ride and maybe get invited to join with a consortium with serious money who would be queuing up to buy der Hun.

Seeing how none appeared it was time for the escape hatch.

I am intrigued by, even suspicious of, anybody who is in this bidding process. It's like the Hearts' scenario... why buy it now when it could be bought for sweeties later on?

[Dunbar Hibee]

Was hoping after 5,000 posts the *******s would be dead by now!

[Jack]

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I am intrigued by, even suspicious of, anybody who is in this bidding process. It's like the Hearts' scenario... why buy it now when it could be bought for sweeties later on?

Why buy either when you can get an EPL club for the same price?

[johnrebus]

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I am intrigued by, even suspicious of, anybody who is in this bidding process. It's like the Hearts' scenario... why buy it now when it could be bought for sweeties later on?

Is there an exact date set aside for the decisions on the WTC and the BTC?

Wouldn't want to go on holiday and miss it - I don't the same influence over D&P as your good self....,

[CropleyWasGod]

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Is there an exact date set aside for the decisions on the WTC and the BTC?

Wouldn't want to go on holiday and miss it - I don't the same influence over D&P as your good self....,

Don't fink so...

[PatHead]

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Do you think Paul Murray, realizing he might actually win the bidding process, has taken cold feet ? He probably thought he could go along for the publicity ride and maybe get invited to join with a consortium with serious money who would be queuing up to buy der Hun.

Seeing how none appeared it was time for the escape hatch.

Heard he only has £16.90, used the phrase "we will never leave the big house" and "we arra peepil" and thought that was enough to be the saviour of Rangers.

[Leithenhibby]

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If the SPL were to try to divert Hearts' cash, any creditor would then have grounds for complaint, as this would be seen as an unfair preference. Hearts would be getting all of the money they are owed, as opposed to the xpence in the £ that they would get under a CVA or liquidation.

So why is this different from DAFC & Dun Utd?

[CropleyWasGod]

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So why is this different from DAFC & Dun Utd?

In Dunfermline's case, I think the justification was that, had RFC not paid up, the SPL could have taken action against them such as fines, docking points and the like. In other words, not to pay up might have adversely affected their short-term trading future.

That, I think, was the justification.... but, at the time, I didn't agree with the payment, and I am still not sure I do.

As for United, I wasn't aware that they had been paid. Have they?

[Wat Dabney]

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In Dunfermline's case, I think the justification was that, had RFC not paid up, the SPL could have taken action against them such as fines, docking points and the like. In other words, not to pay up might have adversely affected their short-term trading future.

That, I think, was the justification.... but, at the time, I didn't agree with the payment, and I am still not sure I do.

As for United, I wasn't aware that they had been paid. Have they?

Rangers fans paid Dunfermline, SFA paid Dundee United.

[Leithenhibby]

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In Dunfermline's case, I think the justification was that, had RFC not paid up, the SPL could have taken action against them such as fines, docking points and the like. In other words, not to pay up might have adversely affected their short-term trading future.

That, I think, was the justification.... but, at the time, I didn't agree with the payment, and I am still not sure I do.

As for United, I wasn't aware that they had been paid. Have they?

As far as I know they have.

Hearts may be in that position later , just like the DAFC case ... No?

[Leithenhibby]

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Rangers fans paid Dunfermline, SFA paid Dundee United.

Was the money not due to the Huns tho? And why would the SFA clear a club debt

[CentreLine]

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Was the money not due to the Huns tho? And why would the SFA clear a club debt

Its in the SFA can deduct monies owed to other clubs before paying out. So long as the other club makes the right case. Maybe hahahahearts will have a case and get theirs too, ironic though that may sound

[jgl07]

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Was the money not due to the Huns tho? And why would the SFA clear a club debt

They deducted it from money due to Rangers from Scottish Cup commercial income. I am not sure if it was the full amount due or a contribution.

[Leithenhibby]

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Its in the SFA can deduct monies owed to other clubs before paying out. So long as the other club makes the right case. Maybe hahahahearts will have a case and get theirs too, ironic though that may sound

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They deducted it from money due to Rangers from Scottish Cup commercial income. I am not sure if it was the full amount due or a contribution.

So Mad Vlad & hahahearts may have a case.....

[Dan Sarf]

Rangers bidder Bill Ng denies agreeing a deal with Ticketus...

http://www.bbc.co.uk/sport/0/football/17739292