Rangers Rumours Archive June 03 2012

03 Jun 2012 13:48:41
Theirs a pub rumour that a players agent is arguing he can go for free cause his original contract has all his add ins and bonuses, including for European football and since out of Europe he can't deliver his payments. Argument he delivered SPL second place and Europe but Rangers board got team banned by going into admin Hence contract voed can leave for free.

If this is the case, then I would imagine a lot of the squad had the same clauses in their contracts........OUCH!

Leeroy

Very interesting if true. There is a contractual law which stipulates something about the contract having to be achievable. If the contract cannot be achieved it may be nulled.?? It's all about money. Agents get big money on transfers. The more transfers an agent handles the more income he gets. Agents like their clients to move every two years.

Contracts are 2 way streets and unless the wording is watertight any player wanting to leave might have to pay off the remainder of their contract the wording in the press was they reverted back to their ORIGINAL contracts as soon as their pay went to normal rate

Depends on the individual contracts and the precise wording of the articles.
Could be true/ possible.

Why should players suffer more financial loss because of the board? They delivered Europe this year even on 25% wages.

This is a clear case of rangers football club failing the player with circumstances beyond his control.
I doubt he can walk for free but he can sue rangers for demonstrable financial loss.

Biggest problem may be the continued involvement of CW as he is still the major shareholder. I seem to remember that he had to be removed or players could leave for nothing. This has not happened yet.

If correct wonder who the player is, of course it's his agents strategy, but sounds like he's got somewhere else lined up.

I'm finding it hard to see how this would work, not dismissing it out of hand but I've got a question that maybe someone can clear up. Surely if this is the case then players could also invoke this if they simply weren't selected in the team for a European fixture because regardless of whether we are banned from Europe or not, a player is not guaranteed that he is going to start a European fixture and earn this bonus, hence it is a bonus payment and not part of their actual salary. I imagine said player's contract would have to have had some clause stipulating that they were guaranteed to appear in every European fixture which seems highly irregular to me but as I said maybe someone can shed some light on it?

You're spot on about the players being able to leave for free if CW is still involved. Paul Clark the administrator admitted this to the media.

http://m.stv.tv/sport/football/clubs/rangers/300382-rangers-administrator-admits-craig-whyte-clause-exists/

Rangers should be suing the players for not qualifying for either European competition this season.

They all have the Whyte claws sorry clause in their contracts.

Rangers should sue the players - Send some of what you're smoking. The players qualified for Europe it was the club that did not. They should be playing in the champion's league but due to CW SDM & D & P they cannot do this. - Jaxie

Clubs have to qualify and we didnt end ofstory

03 Jun 2012 11:47:23
Hi to everyone. First of all, I hope nobody feels insulted by me being here, but I'm an Everton fan. I don't mean any disrespect, I have a lot of respect for Rangers and the fans. If any club should respect another in a tough time, it’s Everton. I just wanted to know what the Naismith to Everton news/rumour is looking like on that side. He is a great player, as is Jelavic, and I’d love to have him in a Blue jersey too. So just wanted to know of any news, I don’t mean any disrespect at all. Good luck to Rangers, they’ll make it through this tough time I’m sure of it!

Steve EFC {Ed039's Note - He has had a couple of bad injuries mate but he is a cracking player when he is on song. He is available at a knock down price and that would suit Everton and like you said Jelavic has been speaking him upto Moyes but the only team so far to firm up a bid for him was West Brom, maybe Moyes needs to move players on before he has any money to spend)

Hi Everton fan. You've had some great players from Rangers down the years.
Will keep watch Jelavic next year to see howmany he scores. {Ed039's Note - He has done better than I even thought he would do and actually proven he can cut it at a higher level)

Celtic fan here,because you evertonians think you play in a superior league dont think you cant get quality up here.naismith is a dirty little cheat... but before you give me dogs abuse a think he is a smashing player ,if i would compare him to any one down the road when fit, better than,dirk kuyt by a distance. {Ed039's Note - I am a Rangers fan and I think he is a diver and moaner but thats what makes him the player he is, just like guys like Rooney etc have their traits that I believe if you remove them make them less of a player)

I agree with Ed039 And to mr no name Celtic fan I'm pretty sure poooper likes a wee dive too but like Ed039 said its a trait that makes him the player he is. A trait that makes both players dangerous in my opinion and before anyone starts the vs crap, both above mentioned players are better than spl

Leeroy

Thanks everyone! And to the Celtic fan, Evertonians definitely don't discount talent in the Scottish league. Jelavic, Arteta and of course Big Duncan Ferguson were all in the SPL at one point....all at Rangers unless I'm mistaken

Steve EFC

Oh and I definitely think Jelavic can get 20+ goals next season.....should be enough to outscore Donkey Carroll by about, say, 20? :P

Steve EFC

Well in evertonian, they all played for rangers 2 of them they couldnt afford the other they never payed for,sure you have to laugh,

Some of us older guys remember Alec Scott going to Everton in the 60's.

Gazza, cleland ,weir, steven ,stevens, gough , mccall we have a good relation with the toffees .hope you do well this season.

He's a cracking player, on song he makes Rangers tick. Hopefully he will come back the same player after another serious injury. As for Jelavic I wouldn't expect him to be at Everton after the Euro's. No disrespect to Everton but much bigger clubs will be circling after his great half season at the Toffee's. {Ed039's Note - Already teams rumoured to be watching him, but he is not a first pick for Croatia, I know Eduardo is but someone plays off him like Olic or someone like that)

Good point ed but Olic is now out injured and will miss the Euro's. I'd imagine that should free up a place for Jelavic. Can't think of any other strikers off hand that are better than him in the Croatia squad. {Ed039's Note - Mandzukic is usually a pick for them, but didnt know Olic was injured so there is a space up for grabs I suppose)

Forgot to add I hope someone was bright enough to put a sell on clause in Jelavic's contract when he left. Everton got him for buttons. Must be worth treble what they paid for him already. {Ed039's Note - My understanding is that there is nothing like that in the agreement)

I wonder if Rapid Vienna had a sell on clause in his contract when they sold him to rangers.
67coatbridge

03 Jun 2012 11:15:37
HACKED-OFF Hearts could try to scupper Charles Green’s bid to save Rangers.

Skint Gers still owe the Jambos £800,000 from the £1.5million transfer of Lee Wallace last August.
But under the terms of the CVA issued to creditors this week, Hearts would only get a paltry payment of around £70,000 for the Scotland full-back.
And Tynecastle director Sergejus Fedotovas has revealed the Edinburgh club are consulting with lawyers about the best way to recoup the full fee.
He said: “We’re analysing the situation. We’re looking at it with our legal advisors and considering what the options available to us are.”
We understand one of Hearts’ options would be to REJECT the CVA proposal issued by administrators Duff & Phelps and chase every penny owed.
Owed That would be a big blow to would-be owner Green who needs 75 per cent of creditors to approve the CVA in order for Gers to exit administration on July 12.
His consortium is already anxiously awaiting word on whether Ticketus, who are owed £26.7m, and HMRC — due £21.5m unpaid PAYE tax and National Insurance — will accept their offer.

“The big worry is the players who have got these contracts which can let them leave for silly amounts.”

Hearts can argue legally that the player sales agreement was not concluded as payment for the player was not completed and the player reverts to Hearts contractually.

Transfer agreements don't allow players to revert back to to selling club if not paid for and there is no retention of title to a player after he has been sold on. Most Heartsvcan do is lodge official complaint with SFA. They can object to the CVA, but their debt is part of the 25% not needed to secure the CVA assuming HMRC and Ticketus vote yes. {Ed039's Note - Did something similar not happen a few years back when Crystal Palace couldnt pay for Craig Moore)

This is the kind of situation were the money from the RFF could have been used for a gd cause.

Lee Wallace was one of Rangers' better players in the 2nd half of last season. Hearts basically let one of their best players leave for a paltry fee due to Craig Whyte's conman antics.

A dignified gesture would be to cover the majority of debt owed to Hearts with the RFFF money....sadly they re-turfed a football pitch with it.

With each passing day I lose confidence in this CVA being accepted. I jst can't see it happening.

TTG

How can Rangers own the player when they didn't pay for him?

Rapid Vienna are owed £1.5m for Jelavic, I'm sure I read they had complained to UEFA, so that's a minimum one more ban in Europe for a year.

I don't believe rangers have £70k to offer.

I think 9p in the pound is dependent on stuff that will never materialise, once creditors vote yes, it turns into 2 p in a spiv trick.

Ed, from memory that was a voluntary arrangement between the clubs, mainly pushed by Moore himself wanting to come home. Don't see that sort of friendly arrangement happening as Greene and D&P have already included transfer fees in their calculation for the CVA. {Ed039's Note - Thanks for the info)

Scots law comes before what's written in transfer agreements.

Rangers are still owed money for the sale of Jelavic...yes really....Are Everton also due up on charges by UEFA? {Ed039's Note - Everton arent proposing that Rangers accept 9p in the pound for the remainder of the balance)

The original £700k has only paid for his services for the last year.
What is Wallaces negotiated transfer minimum fee? Hearts can go to court and ring fence £800k of that.

Rapid haven't actually lodged official complaint yet. They do insist though that they get 100% payment of the debt paid and don't recognise the validity of any CVA offer. Legally, they are no better off than any other creditor so will have to take what they are given, but wonder if UEFA will take additional action once an official complaint is lodged?

If I dont pay my my dues I lose my house, car and whatever even though it was not my intention not to pay but Rangers never intended to pay did they. They should be stripped of everything. {Ed039's Note - This is the argument ex Jambo John Robertson used a few weeks ago)

Gawn the jambo's

What are the chances of anyone paying Rangers any money owed? If I owed rangers money I wouldn't pay it. They don't have the funds to go to court and I believe there is an odds on chance of liquidation which means debt written off. It works both ways!

Scots law and the courts exist for this precise kind of situation. D&P are fond of going through to Edinburgh. Hearts should drag them through and ring fence any Wallace transfer fee for the £800k plus all legal costs.

Should it come to liquidation/newco hopefully Rangers will need Hearts vote to be admitted straight back into the SPL. Its not just about Hearts needing the money to sign new players its also about them having the resources to resign their out of contract players who have just won the Scottish Cup. {Ed039's Note - Dont take this the wrong way because its not meant to sound narky, but it is not just this when it comes to Hearts, they will be next because Romanov doesnt want to touch them and they could be down the same road as Rangers)

Kilmarnock are heavily indebted as well, in fact it appears every club is run by semi competent businessmen with the exception of septic.

Right....

ticketus 26.7m
hmrc 21.5m
rapid 1.5m
hearts 800k

greens cva 'pot' would give 11p in the pound deal to creditors.he claims its the best deal on offer as liquadation would leave less than 1m in the pot for creditors.

CVA= 11p in the £

ticketus would get 2,937,000m
(a loss of 23,763,000m)

hmrc would get 2,365,000m
(a loss of 19,135,000m)

hearts would get 88,000k
(a loss of 712,000k)

rapid would get 165k
(a loss of 1,3335,000)

hearts are the least of your problems.put it this way i borrowed £1,000 from you & 6 months later i said all i can offer you is £110?

what would you do ? take £110 or fight it & try & get a court order to try & get more from me?

this is where liquation comes back into the picture.there must be a law in stating that you know your going down the tubes but yet you can sell your assest to someone else & create a new company & basicly say haha your getting nothing ill start a fresh with assests reaching over 100m ?

dont think so.....

even his wee blue booklet is a joke 'you would be mad not to invest in rangers' even tho hes taking a loan out to get them kicked off and has till 2020 8 years to pay it off lolol

also whats happened to the 20 investors ? wheres their money ?

one more thing IF this cva some how goes through will you be getting your season book for ibrox ?

charles green... the english craig whyte

lenny

If JR used that argument two weeks ago ED he was quite right to do so. Any reasonable person could not disagree with the points raised. {Ed039's Note - I dont disagree with the man, I have obligations and if I dont meet them then me and my family suffer the consequences so it should work for all walks of life)

What are the chances: don't know about that mate they seem to make monies appear for court actions on a weekly basis. Odd that!

UEFA should instruct everton to pay hearts the Jelavic money directly. Not going through broke Rangwrs. This way the money stays in football and doesn't go to D&P as fees.

The situation at Tynecastle is different to that of Rangers. Romanov wishes Hearts to be self financing so that it is easier to sell the club on as he percieves the game to be corrupt in Scotland. In affect he owes the debt to himself not to a Bank/lender so therefore it would stupid to bankrupt/liquidate himself, especially as he earns his living/reputation in the Banking industry .Further he wrote off £10 mill of his/the clubs debt in 11/2011 and the club made a trading profit of £500,000 for the financial year 2011/2012 according to the latest published accounts.

Hearts should take Rangers to court and hurt D&P in the pocket, at least.

There's also all the gate receipts and ticket monies owed, SPL teams just cannot afford to write off their meagre incomes to Rangers.

Hearts should accept that they wont get the money, but they should go to UEFA like Rapid have done as UEFA would hit Rangers with a 1 yr transfer embargo, gets the SFA out a bind and also an extra 1 yr european ban, and in effect this will cost Rangers far more than the money they owe both clubs. also in future Hearts could easly refuse to sell players to Rangers, or give Rangers other problems in the future. Hearts should accept they are a creditor and place the matter into UEFAs hands, the wont get the money they are owed

RFC then

So it's ok for everyone else to take recourse to the Law then.?

bil72

Cva is all but signed and sealled. hearts like other creditors are going to feel the pinch. its unfortunate but thats the world we live in. admin cvas and liquidation is not a new invention and people in football just need to accept this. it is a fact that sports such as football have been ruined due to money. football needs to change and reduce its reliance on money. clubs should be give a max spend per year and they show give the surplus to local charities and developing the community they live in. thats integrity!

Watching men's gymnastics European championships. No cheating, no corruption, no financial doping indebtedness, SPIVS, tax evasion, non payments, just sporting excellencd and integrity. Well done the UK team for winning the team event for the first time ever!
I'm sure the rest of Scottish football is ok or we would've heard something. It all appears to be rangers.

Lenny taking giberish again if the CVA is anywhere near 11p in the pound it is guaranteed to go through but will be nowhere near that As for liquidation how many times SECURED CREDITORS £40 MILLION must be paid before HMRC receive a percentage of what is left

The vast majority of you screaming about taking Rangers to court seem to be missing a HUGE point here, They are in ADMINISTRATION, the courts have granted them this ADMINISTRATION order to protect them from their debtors and prevent them being able to be taken to court and wound up over them, do you even understand the meaning of the word Administration? I'm not saying whether what is happening is right or wrong but as one of the other posters pointed out, it's all just business and like it or not, any company or even individual, struggling with theior finances and debts are perfectly entitled to seek bankruptcy protection from the courts.

Look to American Football...

Winner gets last place in the draft choices each year - this means no-one goes on 9 year winning streak, all teams have a chance, and for 50 years its got loads of money for owners, sponsors and players.

SPL 2 team operation lead to more teams in administration - in the first premier leauge in world... so we see what independance does for scotland...

banks go bust

gers (biggest team in world 54 league trophies) go bust

spl goes bust...

sfa .... follows...

doom and gloom

Think we should dig out the Romanov rants that sounded so ludicrus a year ago. Wonder how much truth was hiding in there?

Do former Rangers directors still have monies ring fenced?

Business is business as SDM said. Every Scottish SPL team will not except less than a one year transfer embargo. Forget only getting a Scottish Cup ban UEFA and FIFA would almost close Scottish football if that happened. If Rangers are not liquidated Hearts,Rapid and a few other teams owed money will go to UEFA/ FIFA and the sanctions from that alone could close Rangers down.

Hearts cannot stop the cva, only hmrc and ticketus have enough of a vote to block it. for the cva to pass 75% of the debt must vote for it which means if hmrc and ticketus say yes then it will pass but if 1 of them says no then it is bye bye rangers and maybe hello newco.

Where did the poster above get 11p in the pound from?

By the time you take off D&Ps fees at the end of the process and it appears that they haven't paid taxes since taken over (so they become payable also), you are left with next to nothing.

The CVA proposal has been written specifically to be rejected.
Green WANTS a newco free of all debt.

Hi ed you talked about the moore situation it also happend with trevor steven(marsaille),.,.kbarry

HAVE HIM MATEY, was never worth the money anyway..

Rfff to pay lol it took ur lot 5 months to raise half a million hearts want their £700k the money should be taken off the runners up league money.that money should be used to clear the football debts

03 Jun 2012 01:17:01
Can we get 1 thing right FIFA = federation of international football uefa = union of European football uefa will do us not FIFA who are even more corrupt than SDM ang cw ffs.

So your point exactly is?....... It dosent matter who does us either way we will be punished n deservedly so

It is a co-ordinated approach from both FIFA and UEFA, but FIFA are believed to be taking the lead.

This is the second nonsensical post that I have read so far, what are you on about?

To 1st and 3rd reply op is correct I'm a celtic fan UEFA will punish RFC in the end

To 4th post. When SFA suspend Rangers as they have no alternative now and HMRC and Ticketus tear the assets into little pieces there will be nothing left for EUFA or anyone else to have a go at. (Except maybe the Wimpey demolishers)