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Big Rangers Administration/Liquidation Thread - All chat here!


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If you or I were in charge of HMRC, that would be true, but in the real world it will be accepted, unfortunately.:thumbsdown:barf

Beginning to think this too. If this is the HMRC's best way of getting some return on what they're due, then is it not their duty to accept?

I've been swaying more and more towards the belief that the CVA getting accepted as it's drawn closer. Don't see this going any other way tbh.

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You're falling into the trap of thinking that all Rangers fans are cut from the same cloth as Craig Whyte,who to the very vast majority,in fact i would say to a man,is looked upon as nothing else but a fraudster. Therein is the difference,the Rangers support or the vast majority,are looking at paying off the debts to the small creditor as and when they can.

Craig Whyte I doubt is a Rangers fan just the average shyster on the make he didn't create this mess he was only doing Murray's dirty work. You cannot be that gullible you can't see who the real culprit is in this affair.

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You're falling into the trap of thinking that all Rangers fans are cut from the same cloth as Craig Whyte,who to the very vast majority,in fact i would say to a man,is looked upon as nothing else but a fraudster. Therein is the difference,the Rangers support or the vast majority,are looking at paying off the debts to the small creditor as and when they can.

What a load of shite. If that statement were true, The Succulent Lambs would have been all over it like a tramp on a pizza. We'd have had double page colour spreads of Hughie Green / McMoist / Jardine / Dark Mingwall handing over billboard sized cheques a la Pools winners to Navid from the paper shop. We'd have had Jabba / Chick Faeces & LoopyLeggo writing pieces of Hvn hagiography. It would have been a Hvn PR bonanza for Jack Irvine and his Skunkworks Division.

Instead, what have we heard from The Succulents ?

We've heard fvck all.

And why have we heard fvck all ?

Because it never happened.

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You're falling into the trap of thinking that all Rangers fans are cut from the same cloth as Craig Whyte,who to the very vast majority,in fact i would say to a man,is looked upon as nothing else but a fraudster. Therein is the difference,the Rangers support or the vast majority,are looking at paying off the debts to the small creditor as and when they can.

Can you explain why a club as large as Rangers has not been able to raise millions via the fighting fund?

Look at the levels of cash raised by Dundee in a smaller period of time, then look at the size of the supports.

The idea of the fighting fund was great but the lack of effort put in by the average Rangers fan is amazing. All they seem to want is someone to step in and give the club millions. Green is another chancer in the Whyte mold but if Rangers fans had made a similar effort as per Dundee, Partick Thistle, Bradford Bulls etc they could own the team by the end of of the CVA on Thursday, instead you will be run into the ground by Green and his backers.

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Craig Whyte I doubt is a Rangers fan just the average shyster on the make he didn't create this mess he was only doing Murray's dirty work. You cannot be that gullible you can't see who the real culprit is in this affair.

SDM has a lot to answer for but when Whyte took over the club debt stood at £18 million and had been halved over the last few years and debt of that level was mangeable.

He came in and offered 4 or 5 players massive wage increases and brought in another few on high wages.

He refused to pay any outside creditors. He took the PAYE and NI from the wages and used it to keep the club going.

He cleared the bank debt by putting us further into debt at higher interest rates to Ticketus

I am just hoping somewhere along the way he has slipped up and criminal charges can be brought. I doubt it though as these sort of robbing b*****ds always find someway of staying just the right side of the law.

As i said Murray has a lot to answer for..mainly selling to that b*****d Whyte. I don't believe for a minute he was duped. When asked if he had carried out due dilligence on Whyte he said...'Well i googled him and everything seemed to be above board'....I'll fucking google the 2 of them if i ever get my hands on them! What sort of answer is that from 1 of the countries leading businessmen??

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Thanks to youngsy for at least confirming that some small creditors have been paid off.

I wondered if that had happened and also if it might have an effect on the CVA.

I'm guessing Haudit & Daudit need to remove them from the list of creditors or confirm with these creditors that they have been reimbursed by the RFFFFFF.. And no longer hold a claim.

Anyone know if that's how it works?

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I have to ask this, but how the hell can ANY small creditor be paid off? In Administration ALL creditors have to go through the same process as far as im aware. If the RFF have paid off some of the small creditors then it means absolutely nothing. It might be a dignified and decent thing to do, but its just a gesture as it doesnt actually count towards paying off the debt owed. That can only happen via the CVA. For the record, I think it will fail too but I think that is the plan TBH.

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Can you explain why a club as large as Rangers has not been able to raise millions via the fighting fund?

Being entirely fair, there's been uncertainty after uncertainty, if the Rangers support knew who the new owner was, what the SFA punishment is, What the SPL punishment is, who will own Ibrox and Murray Park, then maybe they could say right, I'll buy my season book and chuck in £50 to the fund.

Look at the levels of cash raised by Dundee in a smaller period of time, then look at the size of the supports.

More certainty, as the admins cut costs early and fans knew that DFC needed £x,000 per week to keep going. Targeted and possible, I think Motherwell fans were able to do that too.

The idea of the fighting fund was great but the lack of effort put in by the average Rangers fan is amazing. All they seem to want is someone to step in and give the club millions. Green is another chancer in the Whyte mold but if Rangers fans had made a similar effort as per Dundee, Partick Thistle, Bradford Bulls etc they could own the team by the end of of the CVA on Thursday, instead you will be run into the ground by Green and his backers.

I see where you're coming from, but my guess is that as soon as there is an certainty over the CVA and whether Green gets his mitts on rangers that there is an avalanche of money there from the Currants to throw at the situation.

If the SFA and SPL punishments hammer Rangers and we also see a liquidation, then I have no doubt that the organisation and funds will be there from the currants to go do a Newco and acquire a vulnerable or one man owned SFL club.

Its a case of maybe being careful what we wish for as a debt free Newco could pretty much being back in the SPL within two years and it's certainly going to appeal to their fans better than a club weakened through the CVA process with the possibility of split ownership of club and property assets.

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Thanks to youngsy for at least confirming that some small creditors have been paid off.

I wondered if that had happened and also if it might have an effect on the CVA.

I'm guessing Haudit & Daudit need to remove them from the list of creditors or confirm with these creditors that they have been reimbursed by the RFFFFFF.. And no longer hold a claim.

Anyone know if that's how it works?

The newsagent that was in the press speaking on behalf of the small creditors has been paid in full by the RFFF. They are still entitled to the money through the CVA as the money came from the Fund and not Rangers Football Club.

I am sure some will waive their right to the CVA money and some others wont. It is entirely up to the individuals.

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The newsagent that was in the press speaking on behalf of the small creditors has been paid in full by the RFFF. They are still entitled to the money through the CVA as the money came from the Fund and not Rangers Football Club.

I am sure some will waive their right to the CVA money and some others wont. It is entirely up to the individuals.

Cheers.

Say you were a small creditor like the newsagent would you take the RFFF's money and then say at the creditors meeting you were still due it from the CVA?

Take some brass baws to do that in Glasgow if you know what I mean.

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Cheers.

Say you were a small creditor like the newsagent would you take the RFFF's money and then say at the creditors meeting you were still due it from the CVA?

Take some brass baws to do that in Glasgow if you know what I mean.

Personally i believe they are entitled to take the money and have waited long enough for it so yep i think they should...BUT...that Newsagent is on the Copland Road and must coin it in on Matchday. Now i think it will affect business and the small amount he might recoup through the CVA will be a drop in the ocean for what he will lose through supporters taking their custom elsewhere.

Each individual case is different and it all depends what sums are involved. Some might see waiving their rights to the CVA as good publicity and beneficial to their businesses in the long run.

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