magee84 Posted February 14, 2012 Share Posted February 14, 2012 I'm actually heading to the Court of Session just now for work! What a fucking happy coincidence!! :lol: Was jelly & ice cream available on canteen menu? -1 Quote Link to comment Share on other sites More sharing options...
madball Posted February 14, 2012 Share Posted February 14, 2012 sorry to come in late, with a question that has already been answered, but no desire to trawl through numerous threads to find it (lazy bassa by nature) If RFC go bust, do the pheonix club not have to be members of the SFA? This would be by buying a licence (as per Airdrie), or election to DIV3 (as per Gretna, Annan et al)Would that not then stop the SPL "inviting" them to join? At least until one or the other happens. I'd have thought that would be the answer too... but let's be honest rationale thought and logic don't apply when it comes to the football governing bodies in Scotland and their handling of the old firm. If they were to stick with this I'd be very worried about the new owner buying the licence of an existing club.... who is up for sale at the moment?? Oh feck!!! 0 Quote Link to comment Share on other sites More sharing options...
HibeeJibee Posted February 14, 2012 Share Posted February 14, 2012 sorry to come in late, with a question that has already been answered, but no desire to trawl through numerous threads to find it (lazy bassa by nature) If RFC go bust, do the pheonix club not have to be members of the SFA? This would be by buying a licence (as per Airdrie), or election to DIV3 (as per Gretna, Annan et al)Would that not then stop the SPL "inviting" them to join? At least until one or the other happens. Yes, if they form a new club from scratch as you or I could tomorrow and apply to our local amateur league. The potential difference comes if they transfer memberships, and league shares (SPL membership's done in shares), from AB Ltd to CD Ltd. No, Record says this today too but it was Leeds United FC before and it's Leeds United FC today. Same year of formation (1919) and same list of honours. But they did transfer their league membership etc. from one company to another? 0 Quote Link to comment Share on other sites More sharing options...
Nowhereman Posted February 14, 2012 Share Posted February 14, 2012 It will be interesting to see whether people are prepared to act. I know I would seriously consider whether to continue to attend matches if I see the end game as effectively the game cheating for commercial reasons. I understand completely why they might do so - but the integrity of the sport is at question here. If that goes, then what's the point? Airdrie United, Livingston, Motherwell, Dundee . . . Surely the integrity left the building some time ago 0 Quote Link to comment Share on other sites More sharing options...
Colin M Posted February 14, 2012 Share Posted February 14, 2012 Airdrie United, Livingston, Motherwell, Dundee . . . Surely the integrity left the building some time ago Maybe so... 0 Quote Link to comment Share on other sites More sharing options...
~~~ Posted February 14, 2012 Share Posted February 14, 2012 (edited) If a club the size of Rangers were to be liquidated every bank loan owed by Scottish clubs would be called in straight away,wisen up instead of posting drivel. What does bank loans have to do with Rangers owning the HMRC money? Edited February 14, 2012 by Enrico Annoni 0 Quote Link to comment Share on other sites More sharing options...
chico Posted February 14, 2012 Share Posted February 14, 2012 How do you think Mad Vlads Hearts will vote? Depends what he's smoking that day. 0 Quote Link to comment Share on other sites More sharing options...
Jamie_B Posted February 14, 2012 Share Posted February 14, 2012 Interesting developments at the Court of Session. STV's web reporter down there is tweeting (@carasulieman) that Rangers want to appoint administrators today but HMRC argue they can't. They say that HMRC were about to lodge their admin petition yesterday when they found out Rangers had lodged theirs, meaning they had to go back and amend it. Looks a lot like Rangers are desperate to avoid HMRC getting in there first and getting a good look at the books. Potentially trading while insolvent? 0 Quote Link to comment Share on other sites More sharing options...
Meatwad Posted February 14, 2012 Share Posted February 14, 2012 0 Quote Link to comment Share on other sites More sharing options...
Jambo Stu Posted February 14, 2012 Share Posted February 14, 2012 What a massive mess 0 Quote Link to comment Share on other sites More sharing options...
wulliamwallace Posted February 14, 2012 Share Posted February 14, 2012 The dodgers have applied for administration today as long as they appoint their own administrator, HMRC have challenged this and have told the court that they want to appoint their own administrator. The court is now in recess, no matter what the dodgers will be placed in administration today, question is who will be selling off their assets ? GIRUY 0 Quote Link to comment Share on other sites More sharing options...
PELE Posted February 14, 2012 Share Posted February 14, 2012 Fcuk, reading these threads would lead you to believe Rangers are going to cease or be homeless, crackers. After all the shit has flown Rangers will still be in the SPL playing at Ibrox, they might not own it but they will be playing in it. If a club the size of Rangers were to be liquidated every bank loan owed by Scottish clubs would be called in straight away,wisen up instead of posting drivel. What has the size of the club got to do with it? Not every club in this country has loans they cannot afford to repay. 0 Quote Link to comment Share on other sites More sharing options...
GreenockRover Posted February 14, 2012 Share Posted February 14, 2012 Lot of people now confronting the issue of HOW Rangers will reappear and in what capacity. A lot of the suggestions point to the effective gerrymandering of the current league system to have them back on board at the earliest opportunity (regardless of public opinion) to ensure TV revenue streams are protected. Welcome to the reality of big business and money making at all costs..... This WILL happen. If it looks like shit, smells like shit..... it probably is shit. 0 Quote Link to comment Share on other sites More sharing options...
~~~ Posted February 14, 2012 Share Posted February 14, 2012 If it looks like shit, smells like shit..... it probably is shit. Do you still get whyte dog shite these days? 0 Quote Link to comment Share on other sites More sharing options...
Jamie_B Posted February 14, 2012 Share Posted February 14, 2012 Seems that Rangers reckon that since Craig Whyte says so they can appoint administrators today and not wait the statutory five days. HMRC are asking the court to appoint administrators today, but on the back of their petition which presumably gives them more control over it. It looks either way that they will end up in administration by the end of the day though. 0 Quote Link to comment Share on other sites More sharing options...
welshbairn Posted February 14, 2012 Share Posted February 14, 2012 I hear only the red brick/stone facade of Ibrox is listed. Plenty room for a shopping centre behind it.. 0 Quote Link to comment Share on other sites More sharing options...
ayrmad Posted February 14, 2012 Share Posted February 14, 2012 What does bank loans have to do with Rangers owning the HMRC money? If Rangers owned the HMRC money we wouldn't be posting anything. 0 Quote Link to comment Share on other sites More sharing options...
Granny Danger Posted February 14, 2012 Share Posted February 14, 2012 (edited) Seems that Rangers reckon that since Craig Whyte says so they can appoint administrators today and not wait the statutory five days. HMRC are asking the court to appoint administrators today, but on the back of their petition which presumably gives them more control over it. It looks either way that they will end up in administration by the end of the day though. Copied from STV report: Roddy Dunlop QC, representing the Ibrox club, claimed that Rangers could appoint administrators as the floating charge holder, owner Craig Whyte, had approved it. HMRC has disputed this, claiming Rangers could not call in administrators for five working days from lodging their notice of intent to appoint insolvency experts. Under the Insolvency Act 1986, companies have to give at least five days written notice before appointing an administrator after submitting a notice to the court It would be nice if Whyte had been outplayed at this early stage. Edited February 14, 2012 by Granny Danger 0 Quote Link to comment Share on other sites More sharing options...
Jim McLean's Ghost Posted February 14, 2012 Share Posted February 14, 2012 But would the SFA not have to admit the new company as an SFA member as well as the spl approving it This is where rules can get tricky and there is scope to read them how you like. Rangers are already members of the SPL/SFA, if they transfer their SPL shares to another company they will still be SPL members and therefore SFA members... maybe. There is a clause about 3 years audited accounts, well I'm sure Craig Whyte has a company with 3 years accounts which could own be changed for the purposes of owning Rangers (then spin out whatever its proper business is into another company...tada). 0 Quote Link to comment Share on other sites More sharing options...
Owsley Posted February 14, 2012 Share Posted February 14, 2012 Leeds United Association Football Club became Leeds United Football Club. The slate was never wiped clean though, same year of formation as I said and they didn't lose any of their history. 0 Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.