pollymac

90 months since I posted [this], and it's as relevant now as it was back then. OPM to the rescue (or not). Plus ca change, etc.

Not to mention that unless Div et al block specific IP addresses, you can use one IP for many accounts.

I wonder when Sevco's first VAT returns are due.

Quite glad this thread's still going; hopefully things will get interesting again in the next few weeks.

:lol:

re ST sales - you can go on the Celtic site and check total and availability by section. Someone on CQN done this a while back (a few days after renewal deadline mid-May) and totted up sales of the plebian sections to 39,000 or thereabouts.

I thought it was quite clear. If they try to sell the assets from the going concern that is Rangers FC for £5.5m then they are very much open to any number of legal challenges, not least: why have player values been written down to £0, where, even the dodgy deals struck in March has them written down to around £10m. HMRC are not the only creditor here and even if they were, they have not said that they'll not challenge it, just that it will now be forced to go down a different route. This may indeed mean that it'll go down the 'second' route as proposed in the CVA doc, or it may mean that there's nary a snowball's chance in hell of it going down the £5.5m route.

The problem with that is that the assets are sold from a going concern, albeit one that's unlikely to go for much longer, to some other entity. In such a case, the assets cannot be undersold prior to liquidation of the (previously) going concern, lest they rouse the wrath of Hector. Again. This is a very different scenario from the (not really a) going concern being liquidated, where the playing assets are no longer assets at all ergo much lower asset value (£5.5m).

^^he seems to think otherwise

Player registrations go to the SFA, hence no asset value in the liquidation column of the CVA doc. Other assets cannot be undersold though. And players can be sold between now and 'then' (or could have been sold - no club would want to pay out cash now surely??)

Aye, HMRC have rules for that kind of thing... Would've gotten away with it were it not for those meddling rules clicky type thing

fire on chaps - next post is 20,000

Thon big hoose still open? ffs.

Have I? One and only? Oh dear. Deflection? Yes, you have been.

Wow, that's some leap. He invests a sum of money over a fifteen year period equivalent to around half a single years turnover (I looked it up, its actually a third) but somehow 50% of Celtics budget is down to Desmond. Astonishing.