deerokus

I noticed today they seem to have convinced themselves twenty million quid is still coming because of stuff like '5m for shirt sales' and '3m from hummel'. So not only do Rangers have no running costs to pay from that money, as discussed already, but is that how shirt sales work, aye? The manufacturer takes all the costs, pays for the privilege of doing this and then passes on 100% of the sales as well. Interesting business model.

They haven't booked any!

Enlighten us then as to why your club's finances are a perma-mess!

Neither of them liquidated and started from scratch though. The problem for Sevco seems to be institutional and inherited from Rangers - overestimating their size and financial power, and a deep-seated addiction with spending well beyond their means just to show they are billy-big-boots. I am sure the running costs of the stadium must be pretty gargantuan for a club at their level, too. If that isn't close to being filled at least a FEW times a season then it's just a drain on finances.

He's the guy who, in the midst of the original club collapsing, took time out to write the totally unhinged 'enemies of Rangers' list on his blog. For some reason that includes Stuart Cosgrove of all people!? Also staunchly backed Whytey. Couldn't be a better man for the job quite frankly. edit: this thing. https://forweonlyknow.wordpress.com/2012/10/11/chris-graham-rants/

There's a rule about having directors of liquidated companies involved with new companies... you can't use the same name if you do this. Willie Pullar was a director of Rangers, is he involved with the plucky newcomers too?

Regan must go. Insane statement to make. I wonder if he's trying to work his ticket? Nah, that would be crediting him with too much sense.

Cowdenbeath say no to newco. http://www.cowdenbea...iewNews&id=1075 <br class="Apple-interchange-newline">Findlay sounds raging, . Is he working with John Brown or not?

Jardine and various fans getting pissed off with Bomber? Oh I wish there was a live feed of this.

First time for everything.

Cosgrove is off on one

Doncaster seems to be rather abruptly backtracking from his doomsaying.

So the daily record has been setting the agenda on Rangers' shenanigans, claims Traynor

In fairness to Kilmarnock (never before or again shall I utter those words), they seem likely to be the worst affected club given the (apparently) parlous state of their finances. Of course, it could just be Johnston is hoping all the ex-Rangers fans in Kilmarnock (which must be 70% of the town's population ) go to Killie games instead.

It's quite exciting to realise that this is a full scale propaganda attack by the media and all the bad guys in the game. It's a sign that they're getting desperate as they're losing. The fans and clubs need to hold the line just a bit longer here. Bit of a concern that some club chairmen are wetting themselves, of course.

And I suspect that's why they've left any action to save their club so, so late.

Of course! As I say, would be nice if clubs would be more open about what the hell is going on. Instead we seem to have more deals being done in smoky rooms, and an apparent deliberate ignorance of the perilous state of 'Rangers'.

I really don't think Celtic are behind it, there's no evidence for that, it goes rather against what I've understood to be the board' internal thoughts on the matter, and the (few, sometimes veiled) statements they've made. We don't gain anything from it - Celtic's board know fine well that they'll lose orders of magnitude more money if they gerrymander a fake 'Rangers' into the league than any losses from missing two pretend old firm games for the next few years. If we cared that much we'd have given them a loan to help them pay their bills. It's not beyond the realms of possibility, but I just don't see it. That said, I'd be much more comfortable if we were to make a statement against it, otherwise it provides tacit approval. It smacks of Doncaster (and Regan?) and Longmuir cosying up together to try to scare the SFL clubs. I'm not sure what the SFL's motivation is, but Doncaster is more worried about his bonus than anything else. I rather doubt even SPL clubs would support it.

True. The silence from SPL clubs (apart from Aberdeen?) on this proposal is worryingly deafening. It's looking like a stitch-up. Isn't it the SFL board who supposedly published the document? We'll see who comments in the morning I suppose.

But there is - the SPL will just take any SFL clubs who do vote for it, stick them in SPL 2, then close off the door, leaving the no votes to become non-league sides. It's blackmail of the worst kind. It's much like what we see happening in politics at the moment - more and more outlandish policies are proposed that no one bothers opposing as they seem to far 'out there'.. and then they become law. obv. it's a celtic site, but this is a pretty good post about the situation. Fans need to act now to stop this happening, and the good thing is that it's clear that the fan anger is there. http://celticundergr...=article&id=935

With regards to the discussion of Celtic threatening legal action over voting changes, I don't know about that specifically. Must be said that we are no doubt fully aware that some SPL clubs want a 50/50 gate share or something insane like that. We'd be obliged to do everything we could to stop that happening, quite obviously, as there's no logical justification for it other than smaller clubs being greedy and wanting to weaken Celtic, which is rich coming from those in favour of Sporting integrity. Increase your own attendances, don't just try write into the rules that you are allowed to steal money from another club that happens to have bigger attendances.

Was this cooked up at that meeting of the SPL clubs last week (to which Celtic weren't invited, intriguingly)? Whoever is behind it though, we can all agree that it's totally insane.

This is very true, the majority of SFL clubs seem to be smarter than to be won over by such a farcical document. The threat of an SPL 2 doesn't make any sense without any SLF clubs willing to join it, either. Leeds agreed a CVA. A more relevant example: http://www.bbc.co.uk...otball/18209679 Darlington failed to agree a cva, formed a newco, and were relegated four divisions on the FA's instruction.

The key assertion that 'fans will be lost to the game' needs to be challenged. They cite no research on this - I could say that all of the fans will support Partick Thistle, and attendances at all SPL clubs will soar', and it would be just as valid to appear in such a document. Shameful blackmail. Thankfully, the SFL clubs seem smarter than to give in to it.

I wonder what kind of research they did into their 'sky is falling' conclusion to the SPL document. I would hope Celtic and all other SPL clubs would distance themselves from it, otherwise it looks like they're complicit in the blackmail. If Celtic are party to this then Celtic Park is going to be a ghost town.