Generic Sevco / Rangers meltdown thread

[LeighLoyal]

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Why is this crap still going on?
Surely, at this point with the season due to start, for the followers of Mordor at least on Saturday it's fairly obvious that the SFL are going to do diddly squat. As for the TV money surely that's a matter for the SFL clubs and not donkey Doncaster's dimwits. Also last I heard News International don't employ either Doncaster or Reagan as consultants. Since, they certainly don't appear to have acted on behalf of Scottish football, with their near constant diminishing of the product their supposedly employed to advocate.
I just want to get back to football and supporting Hibs, even if that will undoubtedly be full of the usual angst. Leave it to the likes of Traynor to cry about how harsh the world is and I confidently predict the West coast laptop loyal will suddenly develop an interest in the lower tier of Scottish football. Not to mention become overnight evangelists for league reconstruction.

As long as it ends badly for the sc um class zombie bigots who can complain?

[jdships]

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If he does that, he can expect a knock on his door from BDO.

Absolutely !
Also a few others I would imagine.
I find it amazing that this saga has been allowed to just roll on . It's as if this is being done on purpose so that people will have got fed up with the whole thing and be glad to accept any solution.
A number of " suits" from various organisations have a few questions to answer on the handling of this affair

[ancient hibee]

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Why? It makes perfect sense from a cash flow point of view.

And no sense from Greene's point of view.Why would he want to leave his money in a company over which he has no control?

As for Kennedy his business reputation must be heading downhill.He wouldn't offer £7million for 100%of Rangers but now wants to offer £5.5million for 51%of Sevco a company with considerably fewer assets than Rangers.

[johnrebus]

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And no sense from Greene's point of view.Why would he want to leave his money in a company over which he has no control?
As for Kennedy his business reputation must be heading downhill.He wouldn't offer £7million for 100%of Rangers but now wants to offer £5.5million for 51%of Sevco a company with considerably fewer assets than Rangers.

Two reasons

1. He has not put any of his own money into it.

2. He thought he was involved in buying a football club, looking to make a fast buck. Like most people outside Scotland, he had no idea of the baggage that comes along with that particular club.

[CropleyWasGod]

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And no sense from Greene's point of view.Why would he want to leave his money in a company over which he has no control?

As for Kennedy his business reputation must be heading downhill.He wouldn't offer £7million for 100%of Rangers but now wants to offer £5.5million for 51%of Sevco a company with considerably fewer assets than Rangers.

Because he would demand an exorbitant interest rate. Backed up by a charge on Ibrox, he would be sorted.

[Moulin Yarns]

meanwhile in England. I don't know what the similaarities or differences are between the two situations, but it might make interesting reading.


http://www.bbc.co.uk/sport/0/football/18958234

http://www.bbc.co.uk/sport/0/football/17132843

http://www.bbc.co.uk/sport/0/football/18931177

http://www.bbc.co.uk/sport/0/football/18931177

[Hibs Class]

http://www.bbc.co.uk/sport/0/football/18972417

Who do we reckon is backing down on the dual contracts investigation and media rights then?

[Part/Time Supporter]

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http://www.bbc.co.uk/sport/0/football/18972417

Who do we reckon is backing down on the dual contracts investigation and media rights then?

Nobody as yet. Green's trying to portray the SPL as being unreasonable in wanting the investigation to be continued. Celtic would go ape**** if it was dropped, so that's not going to happen.

[Hibby Kay-Yay]

Ally McMoist has already said that they would never agree to the club being stripped of titles. That's good enough for me then...time to issue that membership

[ggth]

i take it the new co will need a new strip and team badge?
just wondering when they will stop wearing there current crap

[CropleyWasGod]

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i take it the new co will need a new strip and team badge?
just wondering when they will stop wearing there current crap

No. They bought those from the old company.

[ggth]

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No. They bought those from the old company.

I dont know anything bout laws etc, but to me it seems strange that they can wear the badge of a co. that went bust

[CropleyWasGod]

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I dont know anything bout laws etc, but to me it seems strange that they can wear the badge of a co. that went bust

If Coca Cola went into liquidation, and Pepsi bought their assets, one of the things they would want most would be the Coke "brand". Sevco have bought the Rangers brand, in the same way.

[ggth]

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No. They bought those from the old company.

I dont know anything bout laws etc, but to me it seems strange that they can wear the badge of a co. that went bust

[Jim44]

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http://www.bbc.co.uk/sport/0/football/18972417

Who do we reckon is backing down on the dual contracts investigation and media rights then?

Tail wags dog sensation.

[CropleyWasGod]

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I dont know anything bout laws etc, but to me it seems strange that they can wear the badge of a co. that went bust

Echo....

[Alan62]

Does Charles Green know where Brechin is? Seems a bit premature to be loading the bus for a game on Sunday!

"I'm really hopeful now that within the next 24 hours we can have this thing signed and sealed and Alastair can start loading his players on a team coach to go up and try to win a match on Sunday."
Charles Green, Tuesday 24th July 2012

[Dalkeith]

Grant Russell ‏@STVGrant

Further to Charles Green's claims on RangersTV earlier, SFA have told STV that Stewart Regan has no scheduled meeting with Green today

[greenginger]

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Ally McMoist has already said that they would never agree to the club being stripped of titles. That's good enough for me then...time to issue that membership

There is good precedent in Scot's law for stripping corpses of their effects, one example not far from Easter Road. In Lochend Park there is one of these notice boards with a bit of history of the area.

Seemingly at the beginning of the 17th century there was an attempted assassination of James the Sixth known as the Ruthven Conspiracy. The King survived , a few people were executed but the local landowners, the Logans of Restalrig although suspected of involvement were never tried for lack of evidence and the Earl Logan died a couple of years later and was interred in the family tomb in Leith.

More evidence was then found to implicate the deceased Earl so his corpse was removed from its tomb and taken to Edinburgh Castle and put on trial for treason. Not being in a position to put up much of a defence he was found guilty and all the lands of Restalrig were forfeited by the Logan family.

Legend has it a faithful servant of the Logans, Swally Mac of Oist, defended the family to the end , screaming he would never accept the forfeiture of the Logan's lands but nobody paid any attention to the fool who was interred in the bedlam in a town known as the Dear Green Place.

[Lungo--Drom]

One would have good reason to suspect so but mere mortals like us haven't reached the required quantum to find out the truth

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Sevco have denied that they have been in discussions with Kennedy. More publicity seeking?

[Lungo--Drom]

superb!

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I was sitting in the pub last night, when in came this very attractive girl, wearing not just a Rangers top, but a scarf also. She then gave me the glad eye for half an hour, before bringing me a pint of lager and chatting me up for another half hour. Finally, she said to me, "Fancy taking me home?" I said, "Sorry hen, but your just not in my league."

[Lungo--Drom]

Not to mention a crowd of angry Huns, jaked up to the eyeballs and carrying machetes and clubs :

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If he does that, he can expect a knock on his door from BDO.

[YehButNoBut]

Interview with Green today re latest at Rangers can be viewed here if anyone interested.

http://rangerstv.tv/viewfree.php?it=...r=236678734985

[calmac12000]

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Sevco have denied that they have been in discussions with Kennedy. More publicity seeking?

To be fair, it appears to be SEVCO's policy to deny everything!

[WindyMiller]

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Interview with Green today re latest at Rangers can be viewed here if anyone interested.

http://rangerstv.tv/viewfree.php?it=...r=236678734985

Ye shouldnae be allowed to post such links.

Nearly burnt ma eyes oot!!

[snooky]

http://www.pantheon.org/articles/h/hydra.html



Where's Heracles when you need him?

[Spike Mandela]

http://sport.stv.tv/football/clubs/r...y-for-rangers/

And so it begins. £134m or so unpaid to large and small creditors. £14m PAYE withheld from HMRC. Money not paid to other football clubs. Punishments dodged or ineffectual.

Now they sign players we and most of the SPL can't afford. Something stinks in the state of Scottish football.

[snooky]

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http://sport.stv.tv/football/clubs/r...y-for-rangers/

And so it begins. £134m or so unpaid to large and small creditors. £14m PAYE withheld from HMRC. Money not paid to other football clubs. Punishments dodged or ineffectual.

Now they sign players we and most of the SPL can't afford. Something stinks in the state of Scottish football.

You're King Of The Understatement, Spike.


Rancid - now what is that word similar to?

[Spike Mandela]

“@BBCchrismclaug: Following talks between #Rangers, SPL and SFA tonight, it seems the situation remains at deadlock. No further forward with SFA membership”

“@BBCchrismclaug: Sticking point in way of #SFA membership is #Rangers insistence that they are not prosecuted for dual contracts.”


Note the use of the word 'insistence'. Arrogant *******s. Unbelievable!

[Hibs Class]

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“@BBCchrismclaug: Following talks between #Rangers, SPL and SFA tonight, it seems the situation remains at deadlock. No further forward with SFA membership”

“@BBCchrismclaug: Sticking point in way of #SFA membership is #Rangers insistence that they are not prosecuted for dual contracts.”


Note the use of the word 'insistence'. Arrogant *******s. Unbelievable!

Their stance sounds like a hun own goal. They know they are guilty and are being opportunistic in trying to get away with it but they may have misjudged the situation. Difficult to see how the SPL could back down and give in to those kind of threats.