Generic Sevco / Rangers meltdown thread

[Fuzzywuzzy]

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But but but, nobody has seen the 5-way agreement YET 😁

You might get a heavily redacted FOI version!!😂

I've seen it but I'm not allowed to talk about it......

[andybev1]

The second alleges that Rangers did not follow rules that: "All members shall:- (a) observe the principles of loyalty, integrity and sportsmanship in accordance with the rules of fair play

The ibrox loyal not observing principles of loyalty? shurely not!

[Winston Ingram]

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They were granted a licence to play in Europe in 2011.

The allegation is that they shouldn't have been, 'cos they lied in their application.

David Murray dropped them in it when he spoke in Court last year.

They don't like it. We don't care.

To add to this, the lie was that they said they didn’t know about the big tax case at the time of the submission of the licence application.

Is CWG said, David Murray confirmed that they did know during a court case last year.

I now await for Sevco to revert to the new club/old club Hokey Cokey to get out of any punishment.

[Hibs4185]

And in the 2024 news...rangers shouldn’t have been granted a UEFA licence for the season 2018/2019. The SFA said “We are unable to take retrospective action as it is ouwith the 5 year time limit. As it is consigned to history We all need to move on for the sake of the Scottish game.”

[Souter96Mac]

Is there any chance that their licence will get taken off of them because of this?

[ehf]

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Is there any chance that their licence will get taken off of them because of this?

None whatsoever.

[CropleyWasGod]

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Is there any chance that their licence will get taken off of them because of this?

I'd doubt it. It's not one of the punishments available.

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[Dashing Bob S]

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To add to this, the lie was that they said they didn’t know about the big tax case at the time of the submission of the licence application.

Is CWG said, David Murray confirmed that they did know during a court case last year.

I now await for Sevco to revert to the new club/old club Hokey Cokey to get out of any punishment.

The SFA have it down to exhuberance on the part of the Hun.

[greenginger]

Phil mac..... seems to think UEFA punishment is still possible.


https://philmacgiollabhain.ie/2018/0...not-giving-up/

[Souter96Mac]

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I'd doubt it. It's not one of the punishments available.

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I guessed this was the case, cheers for clearing it up for me though.

[CropleyWasGod]

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Phil mac..... seems to think UEFA punishment is still possible.


https://philmacgiollabhain.ie/2018/0...not-giving-up/

So he's alleging bribery or corruption?

Season 6 begins.....

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[Bostonhibby]

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Phil mac..... seems to think UEFA punishment is still possible.


https://philmacgiollabhain.ie/2018/0...not-giving-up/

Howling at the moon. Again

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[GlesgaeHibby]

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Phil mac..... seems to think UEFA punishment is still possible.


https://philmacgiollabhain.ie/2018/0...not-giving-up/

Him and that John James chap are headcases. They write in riddles.

[jeffers]

Surprised these charges are being raised, were we not all supposed to move on ?

[Ozyhibby]

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Surprised these charges are being raised, were we not all supposed to move on ?

Red 12 Celtic shareholders have refused to back down.
I think they will find Rangers guilty but 5 way agreement will mean no punishment.


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[HoboHarry]

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Red 12 Celtic shareholders have refused to back down.
I think they will find Rangers guilty but 5 way agreement will mean no punishment.


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Perhaps not for Sevco but there could still be individual consequences for Ogilvie, Bryson et al.........

[jgl07]

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I believe that Richard Wilson has been reporting that as well.......

I don't believe it!

[Deansy]

You just know that the fine - if any at all - will be the lowest amount possible and that no-one from the GFA will get sacked/resign as a point of honour (the last bit is just sheer sarcasm for sarcasm's sake) !

[Ozyhibby]

Good things - Club
Bad things - company
https://www.bbc.co.uk/news/amp/uk-sc...mpression=true



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[stokesmessiah]

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Good things - Club
Bad things - company
https://www.bbc.co.uk/news/amp/uk-sc...mpression=true



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I just read that....truly disgusting.

[Tinribs]

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Good things - Club
Bad things - company
https://www.bbc.co.uk/news/amp/uk-sc...mpression=true



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Morally bankrupt, the people's club my manky ring.
Their offer to pass on the contact details is thinly veiled sarcasm, the sooner this mob die for good the better.

[CropleyWasGod]

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Morally bankrupt, the people's club my manky ring.
Their offer to pass on the contact details is thinly veiled sarcasm, the sooner this mob die for good the better.

Morally wrong, for sure, but I get the legal thinking. Simply put, the new company bought the assets of the old company, but not the liabilities.

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[jacomo]

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Good things - Club
Bad things - company
https://www.bbc.co.uk/news/amp/uk-sc...mpression=true



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Don’t worry. I’m sure the BJK brigade will be petitioning The Rangers as we speak to address this historic wrong.

After all, they claim to care very deeply about abuse...

[jacomo]

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Morally wrong, for sure, but I get the legal thinking. Simply put, the new company bought the assets of the old company, but not the liabilities.

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Careful now, you are going to tie yourself in knots here!

You seem to be arguing that the new company is a separate entity from the old Rangers which died in 2012.

[CropleyWasGod]

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Careful now, you are going to tie yourself in knots here!

You seem to be arguing that the new company is a separate entity from the old Rangers which died in 2012.

Yup, I'm arguing that the new company bought the assets of the old company, but not the liabilities.

No knots there.

However, it opens up the same old (unsettled) argument about club/company, so best not to waste more bandwidth.

[J-C]

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Yup, I'm arguing that the new company bought the assets of the old company, but not the liabilities.

No knots there.

However, it opens up the same old (unsettled) argument about club/company, so best not to waste more bandwidth.

Did the SFA not say that although they are a new entity they were still basically the same Rangers and their history would be untouched, so in essence the newco are responsible for whatever happened in the past.

[CropleyWasGod]

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Did the SFA not say that although they are a new entity they were still basically the same Rangers and their history would be untouched, so in essence the newco are responsible for whatever happened in the past.

If that's the case, then they would be resposible for their debts as well.

I'd rather not rely on the SFA for an interpretation of company law.

[Northernhibee]

That "cheap and nasty attacks" comment is particularly classless.

[JeMeSouviens]

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Did the SFA not say that although they are a new entity they were still basically the same Rangers and their history would be untouched, so in essence the newco are responsible for whatever happened in the past.

Essentially Sevco get to pretend to be Rangers in footballing terms in exchange for taking on the football debts and punishments of Rangers. That is the basis of the 5 way agreement between Rangers, Sevco, the SFA, SPL (as was) and SFL (as was).

In the real world they are a new entity, hence not responsible for Rangers' real world liabilities.

[CropleyWasGod]

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Essentially Sevco get to pretend to be Rangers in footballing terms in exchange for taking on the football debts and punishments of Rangers. That is the basis of the 5 way agreement between Rangers, Sevco, the SFA, SPL (as was) and SFL (as was).

In the real world they are a new entity, hence not responsible for Rangers' real world liabilities.

A clever lawyer might be able to argue that the abuse issue is a footballing "debt" for them. It's a stretch, of course, but one can see the connection.