Generic Sevco / Rangers meltdown thread

[Just Alf]

^^^^^^^^^^^^^ beaten to it! ^^^^^^^^^^^^^^^^

This from the DR makes interesting reading

http://www.dailyrecord.co.uk/footbal...medium=twitter

I especially like

"The club’s prospective new owner has until close of play today to table the offer that he hopes will drag Gers out of administration.

If he delays any longer Record Sport understands it will be too late to save the club from liquidation with the last of Gers’ revenue streams set to dry up on June 1."

[JeMeSouviens]

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I think we're getting out knickers in a twist here.

Correct. The SFA licensing process has been phased in over the last few years and many clubs have been playing without licenses during that time. It's a bit of a non story.

The real issue is the transfer of SPL share to a new club. The vote on that is scheduled for a couple of days time but I think is almost certain to be postponed again while everyone pretends there's still a chance of the phantom CVA being approved.

[DaveF]

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^^^^^^^^^^^^^ beaten to it! ^^^^^^^^^^^^^^^^

This from the DR makes interesting reading

http://www.dailyrecord.co.uk/footbal...medium=twitter

I especially like

"The club’s prospective new owner has until close of play today to table the offer that he hopes will drag Gers out of administration.

If he delays any longer Record Sport understands it will be too late to save the club from liquidation with the last of Gers’ revenue streams set to dry up on June 1."

Yipee - Another deadline

[Hibrandenburg]

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Yipee - Another deadline

As long as they're dead at the end of the line, then all is well.

[CropleyWasGod]

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Correct. The SFA licensing process has been phased in over the last few years and many clubs have been playing without licenses during that time. It's a bit of a non story.

The real issue is the transfer of SPL share to a new club. The vote on that is scheduled for a couple of days time but I think is almost certain to be postponed again while everyone pretends there's still a chance of the phantom CVA being approved.

Yeah, I'm with you two, and Alf and Cav about the licensing thing. It is a bit of a fuss about very little.

Hearts, as Cav says, got their licence to play in Europe, despite late accounts (which were heavily qualified). I've said it before, but I never did expect the SFA to be brutal about the financial fair-play rules in their first year of operation.

[ScottB]

Surely the inescapable deadline is the start of June, when the players wages go back up and there's not a drop of income coming in. At that stage they surely have to shut everything down as all they are doing is reducing the pot for the creditors...

[The_Todd]

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As long as they're dead at the end of the line, then all is well.

[TrickyNicky]

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Not doubting you, but if the bit in bold is true, then you might want to talk to the admins about whether your post should stay....

Before they do, can I just say " Whoaa yuh little dancer " !!!!

It's like an episode of " Spooks " !

[joe breezy]

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Not doubting you, but if the bit in bold is true, then you might want to talk to the admins about whether your post should stay....

Just a copy and paste but should i delete it?

[CropleyWasGod]

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Just a copy and paste but should i delete it?

I dunno, tbh. The admins are probably your best bet; they'll know better than me.

I am just a bit concerned that, if there is a media blackout, Hibs.net might get a battering.

Keep it handy though

[jgl07]

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Yeah, I'm with you two, and Alf and Cav about the licensing thing. It is a bit of a fuss about very little.

Hearts, as Cav says, got their licence to play in Europe, despite late accounts (which were heavily qualified). I've said it before, but I never did expect the SFA to be brutal about the financial fair-play rules in their first year of operation.

I think that Hearts were let off the hook with this one.

The persistent lateness of submission of accounts and the heavy qualification gives cause for concern. Couple this with the comments from Romanov about no longer propping the team up financially and the succession of late payment of wages and they can be considered very lucky to get a License at all let alone a European License.

[sadtom]

Time to take the huns to the vets.

[shagpile]

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Not doubting you, but if the bit in bold is true, then you might want to talk to the admins about whether your post should stay....

Even if true, because of certain injunctions & appeals i would get it off this site ASAP.

[CropleyWasGod]

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I think that Hearts were let off the hook with this one.

The persistent lateness of submission of accounts and the heavy qualification gives cause for concern. Couple this with the comments from Romanov about no longer propping the team up financially and the succession of late payment of wages and they can be considered very lucky to get a License at all let alone a European License.

If they are still about, I would like to think that they will get battered next year for a similar offence.

That said, I wonder if it's applicable for another member club to protest about the Hearts situation? For example, did St. Johnstone lose out on a European place?

[blaikie]

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Time to take the huns to the vets.

Tattie sack and a few bricks in the local canal!

[jgl07]

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If they are still about, I would like to think that they will get battered next year for a similar offence.

That said, I wonder if it's applicable for another member club to protest about the Hearts situation? For example, did St. Johnstone lose out on a European place?

St Johnstone got a Europa place. The only team to miss out were Hibs. Had Hearts been ruled out, the Cup Winners' slot would have gone to Hibs.

[CropleyWasGod]

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St Johnstone got a Europa place. The only team to miss out were Hibs. Had Hearts been ruled out, the Cup Winners' slot would have gone to Hibs.

You sure? I thought it went to to to the next League place?

No matter.... WE SHOULD PROTEST!! We missed out on an early season start, and a pumping from a team in darkest Azerbaijan, the trip to which cost us thousands....

[lapsedhibee]

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St Johnstone got a Europa place. The only team to miss out were Hibs. Had Hearts been ruled out, the Cup Winners' slot would have gone to Hibs.

If that's true, why aren't we protesting? Too much class?

[jgl07]

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You sure? I thought it went to to to the next League place?

No matter.... WE SHOULD PROTEST!! We missed out on an early season start, and a pumping from a team in darkest Azerbaijan, the trip to which cost us thousands....

No UEFA rules are clear that there must be a representative of the domestic Cup Competition in the Europa League. I am not sure if Hibs would have got the Play-off Round place or the Second Qualifying Round.

Either way, Hibs have avoided a potential loss making humiliation.

[lapsedhibee]

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Either way, Hibs have avoided a potential loss making humiliation.

Down with that sort of thing. From now on, we should stick to profitable humiliations!

[Newry Hibs]

Wasn't today the today when the local newsagent was going to be offered his £15 for the £500 owed?

Any news on this yet?

[Seveno]

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I dunno, tbh. The admins are probably your best bet; they'll know better than me.

I am just a bit concerned that, if there is a media blackout, Hibs.net might get a battering.

Keep it handy though

Damn ! Arrived too late to read it. Anything to do with a certain Police investigation at a certain bank ?

[CropleyWasGod]

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Damn ! Arrived too late to read it. Anything to do with a certain Police investigation at a certain bank ?

Nope.

[Seveno]

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Nope.

Gizza hint then

[jgl07]

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Gizza hint then

Scurrilous money laundering allegations.

All totally untrue of course.

[JeMeSouviens]

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Gizza hint then

It was just some old fairytale about a knight in shining armour (or was it scrap metal armour?) and his old mate Rex who lived in a land of Good Hope and something to do with a washing machine.

[lapsedhibee]

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Scurrilous money laundering allegations.

All totally untrue of course.

Craig Thomson probably not involved.

[jgl07]

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It was just some old fairytale about a knight in shining armour (or was it scrap metal armour?) and his old mate Rex who lived in a land of Good Hope and something to do with a washing machine.

It was International Metal armour.

[At The Edge]

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It was International Metal armour.

His armour had hidden compartments, which fooled people into thinking he didn't have much armour on, when apparantley he was double protected.

[CropleyWasGod]

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It was International Metal armour.

With armour as heavy as that, there's no way he could do walking away....