Jump to content
pozbaird

Big Rangers Administration/Liquidation Thread - All chat here!

Recommended Posts

Fair enough, and perhaps it's simplying the discussion to talk about "after liquidation". What if the transfer happens before a liquidation event? Leeds formed their new company at the end of 2006-07, quickly transferred their Football League and I assume FA memberships, then liquidated?

It's explicitly not a new club in the eyes of the football authorities though.

E.g. in England, Leeds didn't have to come-in down the NLS and didn't have to serve 1 year in the FA Vase before entering the FA Cup.

If it is transferred before liquidation that is a completely different scenario. But given that it is an asset it would have to be transferred by the administrators. So there would have to be a company ready to go with a ground to play on and sufficient financial backing. Leeds was 'an inside job' so to speak. Liquidation of Rangers would make that type of transfer a bit more difficult

Share this post


Link to post
Share on other sites

I don't think anyone would suggest it's straightforward. It's pretty clearly what the administrator was alluding to earlier, though, with his "definitions".

To answer your question particularly - after Airdrie United, SFL inserted a rule which (while not preventing it) makes it harder for a club to do what Airdrie did, or what Leeds did. Also worth noting SFL isn't a Limited Company, it's just a members association, although it's not fundemental.

SFL has a rule which says that for a member to transfer its membership to another legal entity requires its own approval. I've no doubt that in the case of Dundee and Livingston, their fellow clubs would not have granted such approval.

Thing is what Airdrie did shouldnt have been allowed. In 1970 Dumbarton were about to buy over Clyde. However they were told by the league that they could not take Clyde's place in the first division. Yet Airdrie were allowed to take Clydebank's place in the second. Not really sure why other than the fact that the clubs were happy to see the back of Clydebank

Share this post


Link to post
Share on other sites

I find this situation totally baffling, I worked with a large Insurance company which went bust. PwC stepped in as administrators and they told us that staff had to be stripped to the bone. As it was no longer trading most sales staff went, a lot underwriters went, but quite a few finance staff were kept on. The managers of each department, with a viable contingent being kept, were give a target of how many had to go and they made the decision who went and who was kept. Within two days the axe fell. Now, it would have been nice if they had given us a couple of weeks to sort ourselves out and then when we refused to go ask us to come up with a better plan but hardly realistic. Just WTF are Duff and Phelps doing???

Share this post


Link to post
Share on other sites
1330963184[/url]' post='6028440']

WTF!

My link

Only at page 185 at moment but wouldn't this mean:

Aim big, hit Fort Knox, get away with the lot and get a couple of months probation and a tag

Aim for survival, steal a loaf out of Tesco and be hung, drawn and quartered ?

Share this post


Link to post
Share on other sites

From Poppyscotland's Twitter:

"Seem to be some unfounded rumours circulating on twitter tonight. To confirm, Poppyscotland is not a creditor of Rangers FC".

@poppyscotland

They might say that, but Strathclyde Police are investigating after an anonymous tip-off....

post-11339-0-86373400-1330984471_thumb.j

Share this post


Link to post
Share on other sites

Not really sure why other than the fact that the clubs were happy to see the back of Clydebank

That's about the size of it. They killed two birds with one stone, by denying Airdrie to get back in the league and positively encouraged the Clydebank deal. SFL officials and Chairmen knew fine well what would happen if they knocked Airdrie back. The whole thing made them look strong and efficient. Make an example of basket case over spenders Airdrie (despite different people being involved) and do in perennial homeless basket case Bankies.

Share this post


Link to post
Share on other sites

Thing is what Airdrie did shouldnt have been allowed. In 1970 Dumbarton were about to buy over Clyde. However they were told by the league that they could not take Clyde's place in the first division. Yet Airdrie were allowed to take Clydebank's place in the second. Not really sure why other than the fact that the clubs were happy to see the back of Clydebank

I think it's against Uefa statutes and by extension the SFA's to 'buy' a club further up the league system - it prevents someone deciding that taking three seasons to do a 'Gretna' is three seasons too long and simply buying promotions. It's ok-ish to buy one further down as it gains you no advantage unless that club is about to be promoted and you relegated, as Dumbarton and Clyde would do soon after the attempted buy-out.

Effectively Airdrie, all money worries aside, relegated themselves despite finishing the season in 2nd place.

Share this post


Link to post
Share on other sites

I guessed by about 11am this morning there would be no redundancies made today. At least one of the players getting released would have been on Twitter before any official confirmation would have been made and no way would they have made them train and then release players.

Share this post


Link to post
Share on other sites

Will there be any developments with players getting made redundant. I Hope so although I suspect not

Share this post


Link to post
Share on other sites

Will there be any developments with players getting made redundant. I Hope so although I suspect not

Share this post


Link to post
Share on other sites

I think it's against Uefa statutes and by extension the SFA's to 'buy' a club further up the league system - it prevents someone deciding that taking three seasons to do a 'Gretna' is three seasons too long and simply buying promotions. It's ok-ish to buy one further down as it gains you no advantage unless that club is about to be promoted and you relegated, as Dumbarton and Clyde would do soon after the attempted buy-out.

Effectively Airdrie, all money worries aside, relegated themselves despite finishing the season in 2nd place.

Well no effectively they bought themselves promotion. As a new club the highest division they should have got into was the third. But they bought their way into the second. Even if the Clydebank take over had been allowed by league rules they should have started in the third division

Share this post


Link to post
Share on other sites

Thing is what Airdrie did shouldnt have been allowed. In 1970 Dumbarton were about to buy over Clyde. However they were told by the league that they could not take Clyde's place in the first division. Yet Airdrie were allowed to take Clydebank's place in the second. Not really sure why other than the fact that the clubs were happy to see the back of Clydebank

I think it's because effectively Dumbarton would have been promoting themselves, and Airdrie were just maintaining their spot in the same division.

Share this post


Link to post
Share on other sites

I'll guess this has been posted but this is wonderful.

I'm a Ranger, I'm a Ranger! laugh.giflaugh.giflaugh.gif

Cheers for that! Altogether now! I'm a Ranger! I'm a Ranger!... 8)

2min 42 sec - that'll be the look on Ally's face when Haudit and Daudit finally swing the axe.

Share this post


Link to post
Share on other sites

I'll guess this has been posted but this is wonderful.

I'm a Ranger, I'm a Ranger! laugh.giflaugh.giflaugh.gif

Video editing the Homer Simpson way

Homer: OK, from here we star wipe to a glamour shot of Flanders paying his bills, then we star wipe to Flanders brushing his teeth...

Share this post


Link to post
Share on other sites

Will there be any developments with players getting made redundant. I Hope so although I suspect not

Will there be any developments with players getting made redundant. I Hope so although I suspect not

Get the papers, get the papers.

Share this post


Link to post
Share on other sites

Well no effectively they bought themselves promotion. As a new club the highest division they should have got into was the third. But they bought their way into the second. Even if the Clydebank take over had been allowed by league rules they should have started in the third division

:huh:

They bought out an existing club after their application to start as a new club in the third was refused.

Clydebank were a sorry state at the end and had been touted for sale for a long time.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...

  • Recently Browsing   0 members

    No registered users viewing this page.

×
×
  • Create New...