Fasda Posted May 14, 2012 Share Posted May 14, 2012 Not a problem. The St Mirren supporter who runs the Renfrewshire Division keeps me up to date with all that is happening. Not 1 Rangers supporter in the Renfrewshire Division Nae point in joining the army if you're already in the SAS. 0 Quote Link to comment Share on other sites More sharing options...
wellwoodpar Posted May 14, 2012 Share Posted May 14, 2012 My bid for Lafferty is ; One half- sooked pan drop, and a rather nasty looking rash picked up in Cowdenbeath. 0 Quote Link to comment Share on other sites More sharing options...
Jambomo Posted May 14, 2012 Share Posted May 14, 2012 If you pay me £100,000 then I will take Mr Lafferty off your hands. 0 Quote Link to comment Share on other sites More sharing options...
barney sumner Posted May 14, 2012 Share Posted May 14, 2012 Questions: With all agreed that a CVA is unlikely, what avenues do the creditors have to stop a newco? Does a winding up order prevent this? Can D+P still be removed as they are punting the club with an eye on a newco, therefore not in the interests of the creditors? Personally I still think RFC are fecked terminally but I dont know how it can play out. The requirement that SPL clubs need a Uefa licence is comforting that a newco would be in the SFL at best but it seems to have been underplayed of late. Could the SPL change this without Uefa going tits or incurring sanctions themselves? the thing i don't understand about the cha, is that if the new owners have 8.5 mill, then why aren't rangers forced to sell assets to the tune of the balance or at least closer to the balance i.e. 60p in the £. If they were forced to sell murray park, the land around ibrox they own, alan mcgregor, naismith, aluko, davis etc then that would surely get them a bit closer to paying their debts. Seems to me that the CVA is just continued avoidance of paying tax. 0 Quote Link to comment Share on other sites More sharing options...
archie guevara Posted May 14, 2012 Share Posted May 14, 2012 Green hardy sounds confident in the Succulent Ranger today He won't name his backers? Does Ally know who they are? Until I know that he does, I won't be able to sleep. 0 Quote Link to comment Share on other sites More sharing options...
Hedgecutter Posted May 14, 2012 Share Posted May 14, 2012 (edited) Green hardy sounds confident in the Succulent Ranger today Green: My lawyers are saying, 'This is a risk'. But it's a risk just crossing the road." Oh dear. Obviously he doesn't appreciate that this road is like the the M1 where nae c**t's going to suddenly stop for him. Edited May 14, 2012 by Hedgecutter 0 Quote Link to comment Share on other sites More sharing options...
Bobby_F Posted May 14, 2012 Share Posted May 14, 2012 the thing i don't understand about the cha, is that if the new owners have 8.5 mill, then why aren't rangers forced to sell assets to the tune of the balance or at least closer to the balance i.e. 60p in the £. If they were forced to sell murray park, the land around ibrox they own, alan mcgregor, naismith, aluko, davis etc then that would surely get them a bit closer to paying their debts. Seems to me that the CVA is just continued avoidance of paying tax. Get with the program FFS! How on earth can the challenge for the champions league next season without at least these players and adding a bit of extra quality. 0 Quote Link to comment Share on other sites More sharing options...
Newbornbairn Posted May 14, 2012 Share Posted May 14, 2012 What I worry about is they go the Newco route and all the sanctions and opprobrium gets heaped upon the Oldco. The Newco is admitted to the SPL as a squeaky-clean entity, free of debts and promising faithfully never ever to be naughty again. The media hype this up as a new start, the sheet wiped clean etc. Then new rules are drawn up - "lessons learnt" etc to ensure that "sporting integrity is key from here on in". 0 Quote Link to comment Share on other sites More sharing options...
pozbaird Posted May 14, 2012 Author Share Posted May 14, 2012 Get with the program FFS! How on earth can the challenge for the champions league next season without at least these players and adding a bit of extra quality. Spot on. They couldn't even face having a weakened squad since Feb 14, and unlike other administrations, not one... let's repeat that, not ONE compulsory redundancy was made by the dynamic administration duo, who can now scarper double-quick like, and leave the mess to some other sucker. You could just feel it oozing from Rangers the moment they entered administration - the arrogance, the denial, the horror that Celtic might put 6 or 7 past a team of kids and older pros. Cnuts. Hammer them. 0 Quote Link to comment Share on other sites More sharing options...
Bobby_F Posted May 14, 2012 Share Posted May 14, 2012 I've attempted trying to catch up from what I've missed since Saturday morning, but I'd get absolutely no work done today if I did. I've skimmed through a few pages, but as far as I can see, nothing has changed since then. We're basically back to where we were with the Miller bid before he pulled out, only as soon as this Green Chunt pulls out, the big L should be announced. Am I right, or have I missed something important? Yes, yes you have! According to just about every bit of media I have seen since yesterday Green has "bought the club", so let's all move along, nothing to see here… 0 Quote Link to comment Share on other sites More sharing options...
rajpelt Posted May 14, 2012 Share Posted May 14, 2012 Some helmet on Rangersmedia suggesting they should go and get Bardsley back from Sunderland! 0 Quote Link to comment Share on other sites More sharing options...
pozbaird Posted May 14, 2012 Author Share Posted May 14, 2012 What I worry about is they go the Newco route and all the sanctions and opprobrium gets heaped upon the Oldco. The Newco is admitted to the SPL as a squeaky-clean entity, free of debts and promising faithfully never ever to be naughty again. The media hype this up as a new start, the sheet wiped clean etc. Then new rules are drawn up - "lessons learnt" etc to ensure that "sporting integrity is key from here on in". Yes, we all worry about that - on two grounds. One, they are the people, and two, the SPL chairmen are bawbags. As this saga has unfolded though, the prospect of a completely squeaky-clean and 'got away with it' Rangers has receeded. Greatly... and there's a lot more shit still to hit the fan. 0 Quote Link to comment Share on other sites More sharing options...
Araminta Moonbeam QC Posted May 14, 2012 Share Posted May 14, 2012 1336985234[/url]' post='6234294']Yes, we all worry about that - on two grounds. One, they are the people, and two, the SPL chairmen are bawbags. As this saga has unfolded though, the prospect of a completely squeaky-clean and 'got away with it' Rangers has receeded. Greatly... and there's a lot more shit still to hit the fan. Before that tribunal judgement was made public on Friday, I thought they might get away with it. Now I'm feeling more positive that the authorities might have some baws about the whole thing. And yes, so much worse to come. Good times. 0 Quote Link to comment Share on other sites More sharing options...
THE KING Posted May 14, 2012 Share Posted May 14, 2012 Thought Kennedy from the BKs made a total fud of himself the other day and exposed himself as a phoney,,,he said this is nothing to do with Brian Kennedy of Paul Murray or Douglas park it's all about rangers its all about saving this club it's all about rangers,,,then he was asked would he join Greens bid if asked....NO!... 0 Quote Link to comment Share on other sites More sharing options...
Homer Thompson Posted May 14, 2012 Share Posted May 14, 2012 What I worry about is they go the Newco route and all the sanctions and opprobrium gets heaped upon the Oldco. The Newco is admitted to the SPL as a squeaky-clean entity, free of debts and promising faithfully never ever to be naughty again. The media hype this up as a new start, the sheet wiped clean etc. Then new rules are drawn up - "lessons learnt" etc to ensure that "sporting integrity is key from here on in". I think it depends on the football entity and how that is handled. If the SPL share and "goodwill" is transferred to the newco, then any footballing sanctions will transfer too. However, if the oldco is liquidated and the football entity dies with it, then the newco would indeed be a squeaky clean, genuinely, new club. However, I believe, that a new club would then need 3 years accounts to apply for an SFA membership, meaning they couldnt even play in Division 3 for at least 3 years. I wouldnt imagine the second scenario is all that likely, though. D&P have already made noises about the sale of assets having already been agreed to a newco in the event of the CVA being refused. 0 Quote Link to comment Share on other sites More sharing options...
Broken Algorithms Posted May 14, 2012 Share Posted May 14, 2012 Duff & Phelps yesterday Exclusive meeting of Duff and Phelps, SFA, some SPL chairmen and Green... 0 Quote Link to comment Share on other sites More sharing options...
Granny Danger Posted May 14, 2012 Share Posted May 14, 2012 For Rangers fans wanting to keep up-to-date with Charles Green's incredible plans for their club on mobile devices he has provided this helpful app. 0 Quote Link to comment Share on other sites More sharing options...
mylothedog Posted May 14, 2012 Share Posted May 14, 2012 Just back from a jolly weeks break in Zante. Have i missed anything? 0 Quote Link to comment Share on other sites More sharing options...
madmitch Posted May 14, 2012 Share Posted May 14, 2012 (edited) What I worry about is they go the Newco route and all the sanctions and opprobrium gets heaped upon the Oldco. The Newco is admitted to the SPL as a squeaky-clean entity, free of debts and promising faithfully never ever to be naughty again. The media hype this up as a new start, the sheet wiped clean etc. Then new rules are drawn up - "lessons learnt" etc to ensure that "sporting integrity is key from here on in". If they are using the "Miller Time" model, then as I understand it , the creditors will have the option of accepting a CVA or getting nothing as Rangers assets will be transferred to NEWCO and will be untouchable. The BTC applies to the old co which will have come out of administration through the CVA. In this respect newco can't be liable. I hope I am wrong. edited for grammar Edited May 14, 2012 by madmitch 0 Quote Link to comment Share on other sites More sharing options...
pozbaird Posted May 14, 2012 Author Share Posted May 14, 2012 Breaking news: SPL appoint due diligence officer to look at Hughie Green's accounts... 0 Quote Link to comment Share on other sites More sharing options...
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