Generic Sevco / Rangers meltdown thread

[Stuart93]

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2018 you mean

Your 2nd name isn't whizz for nothing...I'm living in the past

[GlesgaeHibby]

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Not gonna happen.

Why? 21st January date looming, King doesn't have the money to make the required offer, cashflow clearly an issue as seen by Murphy transfer. It's a matter of when, not if IMO.

[Aldo]

I only just realise that Murphy signed on loan and not permanently as they wanted to pay Brighton in instalments. How the mighty have fallen.

O FWIW please be true about another admin!!


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[3pm]

I’ve still not answered the poll question. Need to consider that.

[CropleyWasGod]

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I only just realise that Murphy signed on loan and not permanently as they wanted to pay Brighton in instalments. How the mighty have fallen.

O FWIW please be true about another admin!!


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The story I read said that BHA had lawyers on the case doing due diligence on RFC's likelihood to pay a fee. Hence the "deferral".

[HoboHarry]

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The story I read said that BHA had lawyers on the case doing due diligence on RFC's likelihood to pay a fee. Hence the "deferral".

And you know they won't spread that on the grapevine down in Englandshire............... Heh heh heh..........

[Deansy]

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http://www.dailymail.co.uk/sport/foo...over-club.html

From Robert Sarvers Wikipedia-page -

'In October 2016, Robert Sarver was also ranked as the worst owner in the NBA by ESPN'

Wonder what is is about the Hun that consistently attracts the Creme-de-la-Creme of business-talent ??


On a separate issue - if they do go bust () again, will their 'Petrofac-Cup' win be at risk ??

[tamig]

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Bottom of the league? Not sure I get that.

Even with a 15 point penalty, they'd probably finish Top 6.

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Is the penalty not increased to 25 points in the event of another liquidation event in the space of so many years though?

[CropleyWasGod]

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Is the penalty not increased to 25 points in the event of another liquidation event in the space of so many years though?

5 years. It's coming up for 6, sadly.

[tamig]

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5 years. It's coming up for 6, sadly.

Aye. I should have read the subsequent replies. Strange one though.

[Aldo]

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The story I read said that BHA had lawyers on the case doing due diligence on RFC's likelihood to pay a fee. Hence the "deferral".

Due diligence... how the mighty have fallen and still a way to fall!

Not many clubs in Britain especially down south will want instalments of ten bob a week!


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[1van Sprou7e]

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Not gonna happen.

this

[tamig]

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From Robert Sarvers Wikipedia-page -

'In October 2016, Robert Sarver was also ranked as the worst owner in the NBA by ESPN'

Wonder what is is about the Hun that consistently attracts the Creme-de-la-Creme of business-talent ??


On a separate issue - if they do go bust () again, will their 'Petrofac-Cup' win be at risk ??

It doesn’t matter what happens. They’ll still have these pathetic 5 stars above their badge. Guaranteed.

[Fiona Graham]

Please let this happen, don’t think I’d ever stop laughing 🤣

[Winston Ingram]

Ye’d think with Sevco’s fondness for a Statement, if there was nothing in this, they’d surely have released one by now🤫

[Bishop Hibee]

What a great start to the year it would be.

[blackpoolhibs]

We've had armageddon, perhaps this could be an apocalypse?

[Ozyhibby]

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I only just realise that Murphy signed on loan and not permanently as they wanted to pay Brighton in instalments. How the mighty have fallen.

O FWIW please be true about another admin!!


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As good a sign of trouble as the old Rangers being outbid by us for Claros.


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[ancient hibee]

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Why? 21st January date looming, King doesn't have the money to make the required offer, cashflow clearly an issue as seen by Murphy transfer. It's a matter of when, not if IMO.

If King doesn’t make the offer to buy shares it has no effect on Rangers.

[Kavinho]

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If King doesn’t make the offer to buy shares it has no effect on Rangers.

R
it surely massively undermines anyone having any trust and confidence in dealing financially with the Rangers.
(I know I know)

[CropleyWasGod]

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This would be their first admin though.

The rules are clear that, even if the owner of the club has changed, the increased penalty would apply.

So, had this been a year ago, they would have been looking at 25 points.

[Aldo]

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As good a sign of trouble as the old Rangers being outbid by us for Claros.


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You are indeed correct Ozy!!


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[allezsauzee]

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http://news.bbc.co.uk/sport1/hi/foot...th/8585099.stm

what are the chances of the SFA allowing this?

Who could they sell that is worth any decent money? They are pony

[Greencore]

can we get a gofundme started and we can all chip in to buy the name the the rangers fc so they can't name themselves rangers anymore after they go bust?

[JeMeSouviens]

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can we get a gofundme started and we can all chip in to buy the name the the rangers fc so they can't name themselves rangers anymore after they go just?

It’s unlikely a cva would fail this time as the majority of the debt is held by the Sevco board themselves.

[Carheenlea]

They'll always have the glorious Petrofac Cup campaign of 15/16 to look back on.

[Ozyhibby]

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It’s unlikely a cva would fail this time as the majority of the debt is held by the Sevco board themselves.

You still need someone to put up enough money to buy the assets and take on a business that loses about £600k a month.


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[Mr White]

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It’s unlikely a cva would fail this time as the majority of the debt is held by the Sevco board themselves.

Unless they've been holding out on hector again?

[lord bunberry]

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Who could they sell that is worth any decent money? They are pony

I’m sure they turned down money for Windass, which makes me think they’re not struggling as much as is being suggested.

[Hibrandenburg]

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You and Hobo need to get a room.

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