Generic Sevco / Rangers meltdown thread

[Spike Mandela]

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On BBC news 24 that Rangers have gone to court over the transfer embargo. How to win friends and influence people. (And attract Uefa's attention)

Just who exactly is paying for all the legal fees in these cases? I thought they were skint?

[green glory]

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Just who exactly is paying for all the legal fees in these cases? I thought they were skint?

The creditors basically. Unless of course it's coming from all those red and black scarf sales. I didn't actually know what the red and black signified till recently.

[Bostonhibby]

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Not in the slightest bit surprised by this news, and I'm sure the HMRC and other authorities are looking into the role of D&P in this sorry affair. Their behavior has gone way beyond trying to get the best deal deal for creditors. It has even gone beyond trying preserve RFC in its current form, with minimal damage, though this seems a key part of their strategy. They were appointed by the Craig Whyte, who was defacto appointed by SDM (one pound sale).

It seems to me that the people responsible for getting the club into this fraudulent mess, are using it as a battered shield to protect themselves.

Very perceptive Bob, a fiddle perceived and hatched way back by all the players you mentioned simply because our system allows it, these guys were probably all in at the start of the conspiracy and fairly sure about getting away with it - why else was it so important that Whyte got D&P appointed at all costs? If only HMRC had got to the court doorstep first!

Whyte, D&P, their favourite lawyers and wherever they get the letters guaranteeing funding from has meant they were probably cocky about swinging the master plan, leaving their suppliers and other genuine creditors with next to nothing whilst they cracked the champagne to celebrate being allowed to shaft the taxman and outwit the SPL/SFA - which my budgie could do.

Where the wheels started to come off is some journos - notably at the Beeb built a proper story even though it took a long time, you never know HMRC might be embarassed into having to do what they would do to all the rest of us immediately, and that is to chase down the maximum recovery they can and certainly get a high profile result in shutting down a dodgy football related avoidance scheme at the same time as getting the actual tax they always should have. There's bricks and mortar worth more than any "offer" if they really want it. If they don't putting this bigotted bankrupt and obviously fraudluent organisation out of business will have a deterrent effect worth billions if they show they actually do mean business.

[Hibrandenburg]

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Just who exactly is paying for all the legal fees in these cases? I thought they were skint?

According to sky they're using the Rangers fighting fund. Quite fitting that the funds collected from their fans might actually contribute to their demise.

[cabbageandribs1875]

Mark Daly‏@markdaly2

We'll be publishing a bit more of our Duff and Phelps conflict of interest evidence tomorrow. Will be online shortly after midnight

[ScottB]

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Duff and Phelps doing a bit of grandstanding now to try and get the fans back on board after the documentary.

Which in of itself illustrates how pathetic they are at all this. They shouldn't give the slightest crap what the fans think. I note they've long since given up even mentioning the creditors, it's always the fans this or preserving the club that.

[down-the-slope]

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Mark Daly‏@markdaly2

We'll be publishing a bit more of our Duff and Phelps conflict of interest evidence tomorrow. Will be online shortly after midnight

: come on stop teasing......... will have to stay up now

[HibeeBigFly]

Anyone else get the feeling that plan a, b and c masterminded by whyte, Murray, green et all in turmoil and the new plan is to get expelled? What happens with regards to new co if old co is expelled? I take it the creditors receive sweet all.

[CropleyWasGod]

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Anyone else get the feeling that plan a, b and c masterminded by whyte, Murray, green et all in turmoil and the new plan is to get expelled? What happens with regards to new co if old co is expelled? I take it the creditors receive sweet all.

The company would be liquidated, and the proceeds from the sale of the assets would be distributed to the creditors.

[NAE NOOKIE]

Wow ...... Just when you thought the current buns couldnt get any dumber they decide to challenge an SFA ruling in the civil courts.

It was exactly this scenario, as everybody knows ( apart from everybody connected with rangers it would appear ) that got Sion a massive kicking from UEFA and nearly got the Swiss FA banned from even running a pub league.

If theres one thing guaranteed to get UEFA steamed its clubs going to court over their national associations head. The huns are well aware of this and that their actions could get Scottish football clubs kicked out of Europe, but they just dont give a toss.

Any club who votes them back into the SPL on the back of this is just spitting in the face of their own fans.


Relegate them .... and do it now before they do any more damage FFS.

[HibeeBigFly]

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The company would be liquidated, and the proceeds from the sale of the assets would be distributed to the creditors.

Good to know, they have to be expelled then. I just can't figure out why they would challenge the embargo when it would lead to heavy sanctions like what happened with sion.

[Jim44]

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The company would be liquidated, and the proceeds from the sale of the assets would be distributed to the creditors.

We've probably been over it a dozen times but what are the significant assets? Have I not read that the facade of Ibrox stadium is a listed building. Would this not minimize the value of the property and prevent viable demolishing? Or could an imaginative architect integrate it into blocks of flats or a large shopping mall? What are the other assets?

[SBoyd79]

Every day seems to raise my hatred for them a touch more. Even speaking to them and it's the whole "not our fault" rubbish that makes it worse

It's fun watching them them squirm but each day there is no punishment makes me think they are a day nearer somehow coming out of this Scott free.

[SBoyd79]

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We've probably been over it a dozen times but what are the significant assets? Have I not read that the facade of Ibrox stadium is a listed building. Would this not mininise the value of the property and prevent viable demolishing? Or could an imaginative architect integrate it into blocks of flats or a large shopping mall? What are the other assets?

Dunno if what they done at highbury would work as it's not the nicest of areas. I'm sure Murray park would go but not 100% sure what other major assets they would have left

[CropleyWasGod]

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We've probably been over it a dozen times but what are the significant assets? Have I not read that the facade of Ibrox stadium is a listed building. Would this not minimize the value of the property and prevent viable demolishing? Or could an imaginative architect integrate it into blocks of flats or a large shopping mall? What are the other assets?

The statue of John Greig must be worth a couple of quid to a scrappy.

[Greentinted]

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We've probably been over it a dozen times but what are the significant assets? Have I not read that the facade of Ibrox stadium is a listed building. Would this not minimize the value of the property and prevent viable demolishing? Or could an imaginative architect integrate it into blocks of flats or a large shopping mall? What are the other assets?

It would make a terrific headstone!

[greenginger]

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We've probably been over it a dozen times but what are the significant assets? Have I not read that the facade of Ibrox stadium is a listed building. Would this not minimize the value of the property and prevent viable demolishing? Or could an imaginative architect integrate it into blocks of flats or a large shopping mall? What are the other assets?

There will be a team playing in blue called Glasgow Rangers mark 2 playing football somewhere around Govan in the years to come.

I would love to be part of a consortium to purchase Ibrox and lease it back, full insuring and repairing of course, to a newly formed Hun F C .

What a fantastic way to draw your pension.Rent reviews every 3 years of course.

[Scorrie]

Does anyone know when next season's fixtures are out? This has to be resolved before then surely. How long are the SFA / SPL / SFL going to give them?

[Billy Whizz]

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Does anyone know when next season's fixtures are out? This has to be resolved before then surely. How long are the SFA / SPL / SFL going to give them?

Fixtures out on Monday 18th June

[Brando7]

http://www.youtube.com/watch?v=Iee8E...ature=youtu.be

[Just Alf]

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http://www.youtube.com/watch?v=Iee8E...ature=youtu.be

[DaveF]

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http://www.youtube.com/watch?v=Iee8E...ature=youtu.be

[Brando7]

full interview with Rangers administrator David Grier

http://local.stv.tv/glasgow/103109-i...terest-claims/

[SurferRosa]

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Every day seems to raise my hatred for them a touch more. Even speaking to them and it's the whole "not our fault" rubbish that makes it worse

It's fun watching them them squirm but each day there is no punishment makes me think they are a day nearer somehow coming out of this Scott free.

There is no chance of that happening now.

FIFA/UEFA are absolutely clear on this....civil action against governing body means expulsion. It`s also in the SFAs rules......Rangers ( 1872 ) are history.

Duff and Phelps MUST have known this.....

[Gus Fring]

Its actually against FIFA regulations.

Article 64

[Minder]

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http://www.youtube.com/watch?v=Iee8E...ature=youtu.be

This one is better http://www.youtube.com/watch?v=HE8Ak...eature=related

[SurferRosa]

They could have ( D&P ) went to the Court of Arbitration for Sport. Unless there is a legal reason for not doing so, they could have appealed without sanction from FIFA or UEFA.

D&P chose not to do this but go to the Court of Session. They MUST know the consequences of this.....so it begs the question...why?

[green glory]

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They could have ( D&P ) went to the Court of Arbitration for Sport. Unless there is a legal reason for not doing so, they could have appealed without sanction from FIFA or UEFA.

D&P chose not to do this but go to the Court of Session. They MUST know the consequences of this.....so it begs the question...why?

Either it's sheer incompetence, or most likely designed to lay the blame for the final demise of the quintessential British cheats at someone else's door.

[JohnStephens91]

I heard the Queen doesn't want her beloved football club to die on her big Diamond Jubilee year...

[Hibrandenburg]

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They could have ( D&P ) went to the Court of Arbitration for Sport. Unless there is a legal reason for not doing so, they could have appealed without sanction from FIFA or UEFA.

D&P chose not to do this but go to the Court of Session. They MUST know the consequences of this.....so it begs the question...why?

Whyte/Murray need someone else to give the headshot. Are they really naive enough to believe that history will show that it was UEFA that sent Rangers to their grave?