Rangers Rumours Archive June 06 2012
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06 Jun 2012 22:41:11
The CVA proposed by Green contains a clause
4.22.6 all consents or other requirements of the SPL and SFA having been obtained or complied with so that Rangers Football Club can continue to participate in such domestic leagues and competitions as it currently participates in.
This is a condition of the CVA. Should Rangers not be eligible to continue to play in the SPL, the Scottish Cup or the League Cup, then Green does not have to honour any vote which accepts his offer
Which raises the issue of why someone from Rangers was allegedly negotiating with the SFA to accept a 1 year Cup ban as an alternative to the 1 year signing ban . Had the SFA accepted this offer, and should it be imposed, then the CVA automatically fails.
Many have said from the outset a CVA was not viable, however for political reasons an attempt would be made.
It seems that the deception isnt that sophisticated.
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Surely there's 276 copies of the CVA out there? Sent by D&P to all creditors. Don't they need to get 75% of the debt value and 50% of all creditors to agree?
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He picks up Ibrox and Murray Park for 5.2m whether CVA or Newco. Once he has those then he can close the doors and redevelop the land. (excluding Ibrox listed facade of course). Not a complicated plan and of course Whytey releases shares on promise of future shares from property but keeps floating charge in place just in case. nah, just a rumour, couldn't possibly go that way.
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What planet are you on if you think an agreement like that is so black and white it cant be negotiated? your obviously a bitter celtic fan who hasnt the werewithall to understand any business deal ever made. when charles green put his offer in he will insert many clauses to get the best deal for him. the sfa/spl will rebuff his demands and negotiate to get to a close. i personally think, due to gutless chairman and sfa panel rangers in whatever form will be in spl will no transfer embargo and a 1 year exclusion from scottish cup. and only folk loosing from that are scottish cup sponsers due to the fact, wether you like it or not rangers and celtic are the only draw to scottish football.
my gut feeling is newco is what everyone involved financially wants, but cva must be tried to appease fans, cva may be accepted but i think rangers will be out of admin (in some form newco or cva) new season and the spl chairman that wont vote for 18 team league because it effects there own pockets without thinking what the fans want, can like it or lump it.
the tiger - rant over
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He does not HAVE to honour it, if the SFA decided to kick the out the Scottish Cup for a year he might think that's acceptable and accept. I'm not saying he will, he may well be another chancer the dury is still out on him.
However your post is wrong. It won't "automatically fail".
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If Rangers only get a Scottish Cup ban football is finished in your country. Amazed at the general attitude of Rangers fans. Europe is watching and cannot believe the contempt Rangers have towards there own association and also wanting to hurt other clubs.
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Surely HMRC or Ticketus would try to take legal action if the assets were transferred in a "closed" sale rather than on the open market. Not saying they would be worth more but transparency would be nice. Think i read elsewhere that D&P could be blocked from handling liquidation anyway? Which would seem likely from the way they have acted so far!
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Looks like a handy get out clause for Green to say "I wanted to save the club with a CVA but those blighters at the SFA are to blame for me having to start up a nice cheap NewCo"
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No way will Rangers get of with a slap on the wrist (Scottish cup ban) this is the type of punishment served out to clubs who field illegible payers and such, Rangers have done worse (much worse)
The SFA have also said they WON'T be negotiating with Green, why should they, he doesn't even own the club and never will, I've a feeling a more severe punishment is heading Rangers way for going to court, that's When Green will walk away..
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I'm not an estate agent or players agent, but I cannot believe that the assets are only worth such a small amount. ffs McGegor is worth that himself.
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Plan was that SPL provided 4 old firm games a year and this major money spinner.... but result is that with cups and league games there are 6-8 old firm games, far too many and the golden goose is cooked.
results rangers/celtic win almost all honours
other teams win nowt (or 1 cup in 10 or 100 years) and all dice with financial ruin...
SPL has saw scottish football tumble in rankings....
an 18 team league would be better - less financial risk - more sporting chances... and a few old firms each year - as spectaculars.....
but its not sport now - its just money....
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Much sense in the above posts. Yes, I agree that Green rather than D&P was behind this.
However one oddity is that under newco, Green's shares revert to Whyte (that's what the original news release said) and Green then buys assets for his newco which will immediately be in debt to his financiers. Liquidated assets won't be Green's problem and Whyte's shareholder status gives him security over some of the assets anyway, which may end up with Ticketus anyway. (Are you keeping up?)
Sooooo....... in the end it's a bad day for HMRC and small creditors including Hearts. A good day in the office for Green, who will almost certainly get newco into the SPL with whatever sanctions it ends up being. An indifferent day for Rangers, who start again with 5.5m of debt - less than the current amount but debt nonetheless. If Green can get Rangers making money by selling strips in India or whatever then all is well. Otherwise stand by for more of the same in 2-3 years time.
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06 Jun 2012 21:12:22
During meetings with fans groups today, Green has confirmed plans to rename Murray Park.
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How about - The Park formerly known as Murray Park.
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Seen it on news, dont like names they have. I tjink mcoist academy would be better
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What about the Bill Struth Academy ?
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What was the porn star accountant's name? If Rangers win the tax case they should name it after him!
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How about TAX FREE ZONE
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There's only a choice of two:
HMRC Park and
Ticketus Park
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It cannot be an academy, it's a Park.
Academies are for academics and normally residential.
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Green should offer Murray Park to the SFA in exchange for dropping the transfer embargo?
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Douglas park
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@7 not trying to be pernickety re the academy idea but what about all the O2 academies their neither academic nor residential, although I do see your academic point in the truest sense of the definition of the word .
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Are you lot not seeing whats going on for god's sake, he is broadsiding everyone with the re-naming of a training ground, big deal, there are more important things to discuss surely. Wake up and see what this guy Green is all about. He has no money and has admitted that he and others stand to make a small fortune off the back of Rangers. Surely you all cant be sucked in and blind to what is going on? I wouldn't care if they called it Tim park as long as he had a decent rescue package, The guy is no better than Whyte or Murray.
WAKEN UP FOR GOD'S SAKE !!
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Castle grayskull rememberance centre of the watp. {Ed039's Note - Tuche)
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What about A Conn? He was a good player.
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06 Jun 2012 21:10:08
Ok I'm a bluenose but I don't look through the blue tinted glasses.
I'm fed up listening to ppl coming on here moaning about rangers POTENTIAL new owners offering a deal worth only 8p in the pound to creditors.
Firstly this is the potential new owners who are business men and like it or not football is a business now. As business men it is in their interest to get what they want for as little as possible. For one I don't think this is right and I don't think the way the previous 2 regimes run the EBT and non payment of tax is right I am sorry to all other supporters of the clubs affected but we can't change the past as much as I'd like to.
Any person who is honest with themselves will admit that if in our position they would be doing the exact same thing.
It isn't right that our debt can't be paid in full but that's the way it has to be just the same as its not right the way Alan Thompson was dismissed from Celtic via a phone call if that is actually the full story but that's life.
So be honest and agree with this or please do argue your point
Jamie
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Are you comparing Thommo being sacked over the phone to ten years of corruption Jamie?
Although I applaud you for being the first Rangers fan I have seen who shows remorse for the crimes your club has commited.
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Eeh whats Thompson being sacked got to do with cheating ripping the tax payers off being a disgrace to football making Scotland the laughing stock of football you will do anything to try and deflect the heat ..only no matter who you try and blame who ever you march to you only have yourselves to blame for the mess your in no one else.where are all the rangers so called legends now with there millions of cash they ebt oot the club every one off the bidders to buy rangers i would not buy a car off you are so embroiled in your hate for everything you cant see whats happening in your own club buy a season ticket and you can rename Murry park what a laugh and shameless way to try and sell season tickets i hope none of yous are so daft as to fall for that one ...jc
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From a business perspective, you are probably correct. Its just unfortunate for your club this is coming about at a time of tough austerity measures for the whole country. Therefore the issue of morality, for example in D&F claiming money owed to gers from other clubs for transfers will be added to a pot split across other clubs gers owe money for players (Hearts offered 64,000 instead of the full 800,000 owed)nevermind other business' amounting to 9p in the pound, will be a stigma gers, newco or not, will never shift. How can D&F go on to claim to have served the creditors the best deal then admit, after the CVA proposal is released, that theres enough to pay full wages till middle of July?
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Agree with some points but I wouldn't compare thommo sacking . Only gonna get you heat. Way I lookat it I bet everyone who comes on here knows a friend or family member somewhere who has been declared bankrupt or had they're home repossessed. I certainly do and although it ain't right it happens. Pretty much same thing. Not everyone is perfect. Rangers will pay for they're misdemeanors on top of what's already been sacrificed. Let's not forget that rangers fans pay same price for tickets shirts pies drinks programmes as other clubs fans. So why is it our fault ? As fans we have little or no say as to where that money gets distributed. Did us fans vote not to pay tax? Or to get involved in a suspect tax scheme?
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Pennies in the pond deals are common in CVA's however CVA's are often not accepted by creditors. The difficulty here is this is a CVA which is not yet even aware of how much is owed. I suspect it is not expected to go through. What has been despicable practice has been Rangers willingness to incur more debt when they knew they would not pay it back. This is scurrilous and beyond the normal business practice you are referring to. On your second point it seems to me ridiculous to compare willful tax evasion and non payment of NI with an employee having their contract terminated
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Jamie, if pennies in the pound are genuinely all that could be afforded then that's the only way to go. By all accounts that is not the case here though. It seems the wish is to get your club on the cheap, then plough money in to buy players and continue to cheat your way to success, as many companies will no doubt go out of business as a result. The money the tax man will never receive will either result in the tax payer having to make up, or reduced services. Whilst I echo others who have indicated you are clearly one of the decent Rangers fans, open your eyes to the fact morally the cheating will simply continue.
As an aside, when was the last time anyone risked their own money in Rangers? Murray risked the banks. Whyte risked Ticketus. Green risksthe clubs - the money is a loan to be repaid by 2020.
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It never ceases to amaze how people can read sometging and completely miss the point. I don't see where the op made a comparison with thompson. Or have I missed something?
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Rangers own enough assets to sell and pay off the immediate debts Jamie. Start off again in the third division and you might get some respect as a club.
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Are you comparing Thommo being sacked over the phone to ten years of corruption Jamie?
Although I applaud you for being the first Rangers fan I have seen who shows remorse for the crimes your club has commited............. To the person who posted this Rangers Fans are not responsible for the the state the club is in.the responsibility lies with the board and owners of the club not to say im saddened by the current state of affairs but i dont owe any other club or fans of any other club anything.
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You really have to laugh at the moral high ground taken by the green and grey lot re avoiding tax, it's well known that Celtic didn't declare their proper attendance figures for years in order to not pay tax on them, probably amounts to millions, pot kettle and all that eh!
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Most clubs didn't claim full attendance figures - when will Rangers fans realise this?!
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Plenty of clubs never declared the correct attendances years ago not just Celtic. Rangers fans as well as former owners & board menmbers have to accept some blame for the state of their club as they ignored the obvious reckless spending for years. Prime example 12M transfer for Flo
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You can say it was Celtic not declaring attendances but they could argue that it was people sneaking in or corrupt staff at the turnstiles. Not as clear cut as a 75 million tax evasion scheme.
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Green has no money, no 20 investors, no 20m in the bank.
If he gains control all the top players will be sold to meet day to day running costs and be replaced by cheaper Bosmans.
Others will walk for free next week when the window opens. Who let D&P agree these ridiculous clauses?
The season ticket requests will be going out soon......can you trust this man with your hard earned cash?
Is the Ticketus contract really torn up, or will they be looking for their cut.
What's the status of the floating charge? Nobody knows for sure. Ticketus may end up owning Ibrox and MP.
There are 47 TBC's included in the CVA proposal, why? D&P have had months to establish the creditors liability.
The CVA proposal is a joke and is likely to get a 99.9% No response from creditors.
Why not New Company now. Time is running out to have Newco in place for next season.
It's a complete mess....throw in the BTC, the WTC and the dual contract investigation etc etc.
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And you just know there is not a snowballs chance in hell that Romanov will accept 64k instead of 800k in a CVA even if he needed it he would turn that down. he will be one who rejects it for sure. Many more will i suspect aswell. And who can blame him really?
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Bankers are businessmen too Jamie and we all know what decent minded people think of banks and bankers! Having said that at least the bankers have paid their tax on any bonuses.
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64k is the most Romanov will get. The BTC may reduce that to 20k or less
The terms of the liquidation are really rubbish. In that scenario Green buys assets for 5.5m which covers only D&P's fees. So no payout. Surely D&P must tear up that agreement and go for more - or HMRC will surely seek to replace them. It's nuts that they pocket the whole asset value of Rangers. For doing what?
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How can u compare Alan Thompsons sacking with rangers financial mis-managment over the past 20yrs?
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06 Jun 2012 20:56:29
There is a huge rumour out, that charles green has failed in an attemp to get douglas park to join his consort as desperation now appears to be setting in, park was the main money man behind the origional blue knights bid that was knocked back more than once, im just wondering ed, who will green target next now that park has given him short shrift? there is now a growing concern amongst other members of the blue knights that green will almost certainly walk or be pushed soon, in the end it all adds up to being yet another massive boob by d&p who are now becoming a laughing stock within the financial world.........col.
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Knights were knocked back because they wouldn't put up the money. If this story is true, then it's nothing more than part of the original Knights again not being prepared to put any money in to save the club they claim they love.
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Heres a fact for you! Having spent 100k at Mr Parks garages in the last 4 years I can assure you I won't be spending another penny there in 18 months time! I wonder if I'm alone in thinking that RFC have already had enough of a subsidy from me in the form of my tax without me now enriching a potential buyer. Well I know I'm not alone at my place of business!
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Park knows that if he sticks his head above the parapit his business will suffer . Look at JJB . Fans from all other clubs avoid them because of the deal with Rangers
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D&p are now becoming a laughing stock in the finacial world?
theyve been a laughing stock for months now and not only in the financial world!!
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D&p are now one of the rich administrators in the finacial world? I think it is us Rangers fans who are the laughing stock letting them get away with it.
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Have to agree with the first post i own a large taxi firm, and i get a lot of cars, vans etc through Parks and i for 1 would most defo take my business else where if he was to put 1 penny into a club thats has deliberately not paid tax, where the rest of us get hounded for every penny.
Totally scandalise
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Park was only putting 250k into the blue knight consortium
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06 Jun 2012 20:22:17
Just read Mr Greens statement on RFFF page not confident in the way he is putting across the idea of re-naming Murray Park,not that I have a problem with that just the way he says when you buy your season ticket you will then get a chance to participate almost smacks of desperation to get the season tickets in
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He even looks like the child catcher from Chitty Chitty bang, bang.....wouldn't trust him one bit.
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Why is everyone painting mr green with the same brush as mr whyte. theres no pleasing some people. The guys giving the fans a chance to have a say in something and he's getting pelters over it.
Give the guy a bloody chance.
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Why is everyone painting green with same brush, maybe it's because he came in saying he had 20 investor's now he has got the begging bowl out to all and sundry.He's pulling the wool over your eye's, wise up man
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Give him a chance! You'll be giving him more than that my blue friend. Firstly he's buying the club with, wait for it, your money! He's borrowing it from undisclosed friends, loaning it to you, then when's he's in charge he's repaying it to his friends plus interest, who will then own the clubs assets having been given all their money back from, wait for it, you!
At least craigy bhoy had the decency to pay off your 18mill overdraft! If ally hadn't got you pumped out of 2 European competitions before the schools went back he might, unlikely I know, just have been able to pay your taxes and get ready for the coming hammer blow from HMRC. We will never know but Ally's dismal start to his reign pushed you into the abyss. If you think Greeb is any different then you have my sympathy. He wants the CVA to fail, he's going to get the lot for 5.5mill! And you'll be paying for him to get it!
Seriously, if I was a bear is be gutted that nobody out there cares enough and has enough to save your club from Greens daylight ram raid. Think about it, there's not a bear anywhere in the works prepared to buy the club with their own money in order to save it. You may be the people, but it would appear your all broke.
Any idea what DD spent on Horses last year? Or his houses? That's what a proper owner of a world famous football team should look like gentleman. 1.35billion net worth and your asking your fellow bears to trust a guy that can barely raise 9 million. I'd laugh if it wasn't so tragic!
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Gers fans do the math....
How much monty does season ticket bring to the table? 15,000 at 300 each ....
4.5 million now that would pay a lot of bills, salaries for months until new season
Is that the next con? Save your club , guys couff up the dosh !!!!
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Give him a chance !
Go on then, give him your money for a season book and watch it disappear. This guy is next to penniless. he is obviously a great salesman and presenter. Don't fall for his bull.
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06 Jun 2012 19:32:21
Scottish footballing authorities claim that Rangers administrators will have to provide "full disclosure" on the takeover consortium led by Charles Green.
On Wednesday the Scottish FA (SFA) members unanimously approved a resolution addressing the change of control at football clubs during their annual general meeting at Hampden.
After the vote, SFA chief executive Stewart Regan claimed the new resolutions would regulate those attempting to buy football clubs, and are aimed at determining whether they are "fit and proper" individuals to be involved in the game.
Mr Greens Sevco consortium has put forward an £8.5m loan to pay the clubs administrators Duff and Phelps, as well as offer creditors a pence in the pound deal that will be voted on next week.
He has so far stated that his group is made up of 20 "individuals and families" from across the world, and named Malaysian hotelier Jude Allen, also known as Javed Abdullah, and Middle Eastern lawyer Mazen Housammi as being involved in his consortium. Stockbroker Imran Ahmad, of London-based group Zeus Capital, has been named by Mr Allen as the "financial adviser" to Sevco.
Mr Regan said: "It is important that club owners take more responsibility to ensure that they sell their club to an individual or individuals who act responsibly and within the rules of football.
"The Scottish FA governs the whole of football and rather than spend millions of pounds on investigations into any number of prospective purchases across the game at all levels - which would be better kept within the game - it is important that the onus is on those involved in the sale of the club."
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Does anyone think Regan is a "fit and proper person" to take Scottish Football forward?
If his past 2 years is anything to go by then the answer can only be a resounding NO!
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Does anyone know if they actually defined what a "fit and proper" person is?
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Oh come on this is utter rubbish
this is the SFA washing their hands of responsibility
nothing more nothing less
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06 Jun 2012 18:23:19
STV:
Regan stated that the SFA have discussed Rangers situation with FIFA and there will be no further action taken out on Rangers. The ball is now in the Appellate panel's court.
TTG
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Rangers fan here. I think it's time for us to do the time for our crimes. We need to win back some respectability here. If we get away with all this (ie CVA, transfer embargo etc) we will still be the bad guys in all of this. Time to hold our hands up, take the hit, sell Greegs, Naisy and Davis to free up some cash, pay off the other clubs and get going again with our pride somewhat back.
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I didn't see that comment on stv news maybe you could post a link
Briggs
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To the dimwit first poster, get real. We will always be the bad guys here even if every Rangers fan in the country sold their homes, children and grannies to pay off these debts. The fans of that other club want us gone and the two muppets who have recently owned have given them a gilt edged opportunity to do it and they are not going to miss it. Not that i believe you are a Rangers fan for a second
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Briggs,
The regan interview is on the STV website...
TTG
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Re dimwit poster.Think you should look at yourself man, sell your home,kid's and grannie's, dont think so, you would not put money into ranger's when big Davie gave you the chance
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Sfa state FIFA have stated that sfa NOT in breach of FIFA articles!!
It does not say that rangers are not in breach of FIFA articles, detail, detail, detail
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" you would not put money into ranger's when big Davie gave you the chance"
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Big Dave, gave only existing shareholders the chance to invest, but don't let the truth get in the way of your "beliefs".
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06 Jun 2012 18:15:21
What lenghts ppl will go for money. Cardiff going to switch from blue strips to red ones to pls far east investors.so much for them being known as the blue birds??just shows the men with the power are more intrested in cash than history. hell mend us and god have mercy.
Inverbear
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Aye i seen that mate, very embarrassing if you ask me. The Cardiff supporters are raging, but wait till they start signing players with the 20 million he has promised and they win the league, the true fickleness of your normal supporter will shine through. One big name signing and they will be sweating it in the queue's at the cardiff superstore to buy those red tops with there new hero on the back.
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Sadly that is the way the world is these days. People are out to make a fast buck
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06 Jun 2012 16:13:15
Rumour is that if rebel 11 win the vote they will vote in that all clubs must share SPL gate receipts.
That is why we are starting to hear suggestions from the rebel 11 chairmen that they will vote against newCo entry into SPL.
Should be 3rd Div anyway IMO.
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Just typical for the other small clubs to want even more money from the little they bring to the table,
no way is it fair for teams like ICT and St johnstone, to bring like 500ish fans to ibrox and parkhead respectivaly and then expect to get half of the money for gate receipts for 48000/50000+ fans,
if they get anything they should get half of the away support, as that what they briing, no way should the season ticket money of the home support go to supporting the other teams,
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How can 11 out of 12 be rebel's?
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That will never happen .no chance will rangers n celtic give up half their gate money .and if it was ever to happen then im afraid every other team need to start bringing something to the party
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Yes celtic fans should beware here if no rangers to vote with celtic the other clubs can vote in what they want and if this is voted in they would loose half their gate receipts for parkhead every game plus smaller tv deal no old firm games huge drop in income mean lesser players i know we need to be punished but be carefull what you wish for us ;;;; cooperboy
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'That will never happen .no chance will rangers n celtic give up half their gate money .and if it was ever to happen then im afraid every other team need to start bringing something to the party'
When voting changes to 11 - 1, nothing to stop it ( by which time it will be in the rules, that everyone is so happy to apply!)
bil72
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There is away round this in Spain the clubs sell memberships then season tickets at reduced prices, most of the money goes toward your membership with a small season ticket fee. What's proposed is how it used to be in Scotland.
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"How can 11 out of 12 be rebel's?"
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If Gers are not in the SPL then the remaining 11 clubs (not including Celtic) will vote through changes to the voting structure which will be passed 11-1.
This will allow them to subsequently vote through whatever they want wrt finances, gate money, tv money, etc. No more OF veto.
Its not difficult.
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He meant 11 out of twelve is a majority so therefore not rebels as rebels are minorities going against the majority
it's not difficult
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The small clubs are the backbone of the SPL. Is your first post suggesting that the SPL should consist of only Rangers - who don't pay their bills- and Celtic. They could then play each other every Saturday. Then see if you get your 50000 fans week after week.
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Its not difficult
I think you need to lookup the definition of rebel or rebellion, no mention of minority or majority
epic fail
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Well a lot of Rangers fans have made comments about the pence creditors will have to accept as 'THATS BUSINESS' and so is changing the share of the pot!
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Can I ask, why the other chairmen, or their clubs are the " Rebel 11 " after all no one has got The Gers into this situation but themselves! these chairmen are just looking after the interests of their clubs, and the integrity of the Scottish game, if our Chairmen had done the same, we would not be having this long drawn out debate! Time for us to do the decent thing, and accept our punishments, and start again.
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The chairmen will, if they can, force through a voting structure change and changes to tv distribution. They won't try a gate split for the simple reason that someone above is right, Celtic (and Rangers once back if a newco was rejected) would just introduce some form of mebership scheme entitling buyers to extremely cheap season tickets.
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"Can I ask, why the other chairmen, or their clubs are the " Rebel 11 " after all no one has got The Gers into this situation but themselves!"
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They were classed as rebel 10 by the press in relation to their attempt to change the voting structure from an 11-1 majority, they were trying to get rid of the OF veto vote.
Nothing to do with the current problems Gers are in, although they obviously saw it as an opportunity to make changes with no one running Gers.
They would be a rebel 11 if Gers are relegated and the promoted team would make up the 11th member.
This has nothing to do with Rangers accepting their punishment or not, why on earth would you think that?
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06 Jun 2012 14:18:15
New regulations passed today at the SFA now require D&P as managers of Rangers in Administration, to investigate Charles Green and each member of the consortium to establish fit and proper status.
The new requirement is for all clubs under the SFA umbrella to take responsibility for vetting future owners.
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Does this mean that D & P are responsible for all time for any skeletons in Green' past. How can SFA punish them in the future?
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I would think it would be craig whyte seen hes selling t5he shares maybe a way to get him to pay the fine no money no transfer of shares
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06 Jun 2012 13:53:29
Heres a wee heads up for all yous wounded bears,it prob appear in tomorrows daily record as "exclusive"..Mr Green has approached the Blue Knights as his promise of CASH from other parties has dried up!!!Approaching the competition for financial help is comedy gold at a new level!!!all will be squabbling after assets at the liquidation sale,stevo
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Brilliant, another charlatan about to be exposed trying to line his dirty little hands with money due to the creditors. All they are trying to do is to delay the inevitable and that D&P can make as much money as possible before they flee back to London. Never mind the end is near and we can look forward to the walls crashing down all around and i can hardly wait, if Carlsberg did summers this is going to be the best summer ever. HH
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According to D&P proof of funding has already been received and seen by them from Green's consortium. Door was always open for additional investors to the consortium since day 1.
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Dont believe that for a minute the way the blue knights were never away from the media they would be shouting it from the rooftops before now
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Yeah,craig whyte had proof of funding as well.we all know how that panned out !!!
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Hadn't the BKs been unable to come up with the 500k then that one might have been believable... Nice try tho mate
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DO you honestly beieve anything that comes out from D&P??????they are the worst admins in HISTORY!!making millions from this ongoing farce!the only outcome is liquidation!!!be a long summer& the denial from gers fans is turning into acceptance,,stevo
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Stevio & the twilight zone again!
bil72
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OP is correct. You can slag the journalist who reported this off as a Celtic supporter if you want but his sources have been impecable from day 1 from the tax case (far before mSM reported) to the possible appt of liqidators (he reported that 2 months ago). He said yesterday the BKs had been approached and had told him to politely FO
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06 jun 2012 10:56:07
aluko 2 reading source.
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06 Jun 2012 10:10:43
Very early rumours (don't blame me) But its alleged that Rangers have Lost their tax case and the bill is 93 million.
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Total crap!! Rangers and HMRC are first to know 7 days in advance of a public notice,it then gets announced on HMRC website. Will not be Anywhere near 90mill but will still finish us.
Campsie Bear
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The bill for the FTT can't be 93 million.
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It was also once alleged the Earth was flat and we all know how that one panned out...
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So thats 93 million plus another 300 million robbed from other clubs for playing players on duel contracts, lets not forget ticketus and everyone else, so by my calculation thats 440 million give or take a few mill, all this and Rangers are talking about a war-chest to buy players, boy oh boy this is getting better by the minute.
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Rangers have lost their way...that is no rumour. I said on another thread I am now supporting Queens Park...if there is a rangers new-co ( and that is a cert ) then better to support a Scottish team with history than some newco that is created with the purpose of grabbing the fan base of a historic old company and milking us dry like idiots
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Im guesting that this is the same rumour i saw on twitter earlier, dont listen to it mate, just fans trying to make us blues panic, PATHETIC
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I thought 75 mill was top figure? or does this inc other tax debts? or have you not had time to make this part up yet?
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Don't you just love how certain people seem to have the information before the parties concerned do.total mince
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Nice one you fud...
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It was also once alleged the Earth was flat and we all know how that one panned out...
that was before tinternet...........
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It's a rumours site, the guy is just passing on what he has heard, stop being so childish and grow up, heard the same rumour but dot believe it for a second!
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Why cant it be 93 million...
its the original (25million), plus penalties (if 100+ contracts then more penalties follow) , then interest for EVERY DAY beyond the original request for payment
so even the result taking its time is adding to the butchers bill....
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Probably doesn't matter to the club now. The main difference is that other creditors get even less than they've been offered already. 8p/ becomes, what? , 3p/ or something?
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06 Jun 2012 07:58:32
Anything else been heard about the chappie that had 850 million euro at hand for a potential purchase of Rangers. He said he would have offered a better deal than Green but D&P kiboshed the idea.
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Saw this few weeks ago came from alex thompson no sure how true it was but nothing suprises with duff&phelps
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Apparently he handed over statements with proof of fundings(to channel 4),surely D&P should have given him a chance to see what his proposal was especialy if it meant more money to creditors.
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It's all rather bleak.
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I can only presume it was a hoax and D&P recognised it as such.
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850 million Euros seems a fair price for Rangers, maybe this chap will buy Rangers once he is released from care.
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Wasn't true! It was another wind up that Thompson fell for! Journalism at its very best! 850m euros being held in a Spanish bank! Be safer in a piggy bank in the current financial climate!
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His name was an ananagram of laughter in story.Another AT exclusive.
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Think that D&P might be looking him up shortly. Appears that Charles has been soliciting the Blue Knights for funds and got told where to go.
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It was all b.s.
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My mate works for a financial adviser in Glasgow. Two weeks ago he was approached by a contact to ask if any of his clients wished to invest 100k+ in a "football-related venture". My mate laughed him off, but last Friday, the Fixer was back asking if he had changed his mind. He suspects it's Mr G, but the guy wouldn't say who it was unless the funds were provisionally on the table.
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The end game is now upon us ! I honestly thought that no matter the culpability ,rangers were too big to fail . I am now convinced the " ba is burst " . A tax accountant is in the Herald today saying that the delay is not uncommon in this type of case. He also says it looks curtains for rangers IE the big tax case is lost . There is just too much debt which makes the whole situation unmanageble.
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"He suspects it's Mr G, but the guy wouldn't say who it was unless the funds were provisionally on the table."
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Yes, he will have them queuing up under that scenario; "I'm not telling you anything about it until you have agreed to invest"
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CG is getting desperate. Who is pulling his strings anyway? Regardless of what D&P state, I can still see this "unconditional" offer collapsing.
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It wis robin galloway he likes a laugh,ha ha,he he
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06 Jun 2012 04:16:43
Just buy your season ticket and if things go wrong then your can get between 3 pence to 9 pence in the pound. Your seem to think its ok for the other 276 people looking for there money back
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Just you jump on your moral high horse and gallop away in to the sunset :)
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Its posts like this that makes Us Bears not care a single IOTA about the rest of the rabble in the SPL.
Seems that posters supporting other SPL teams think that its the Rangers support that is to blame for this mess therefore it is fair game to attack and decry Us.
We are NOT to blame for this mess, I for one would like to see everyone being paid back what is owed, not paid pence in the pound. That will never happen of course as when businesses go into admin it is common practice for a pence in the pound CVA to be agreed.
The sooner the stupid brigade start to worry about their own clubs the better!
We Are STILL the People :)
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Rangers supporters are absolute rotters.
Murray did what he did for the fans, it was all the fans fault.
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What a stupid, ignorant, ill-informed post from yet another no-named numbskull. I have been perusing this site daily since this sorry scenario began and cannot recall one single post from a Rangers fan (even the most diehard ones) that applauded the fact that the creditors were going to receive a pittance in the pound or that they were proud of their club finding itself in this position. The vast majority of Rangers fans would like to see the creditors paid in full but are realistic enough to realise that that scenario will unfortunately never happen. We want the creditors to receive as much as possible. If you can give me a direct quote from on here that "thinks its ok" that the creditors are getting pennies in the pound (references to "its business" etc don't imply that the poster necessarily agrees with it, and most of them state as much, they are highlighting the fact that this process happens every day outwith football and is not unusual however unpalatable it is) then I will apologise for the nature of the first line of my post. I doubt you will find one though and the first line will be validated. Rangers fans want answers just as much, if not more, than the fans of other clubs and the most recent posters have been asking entirely valid questions which every fan of other clubs would be asking if their club were in this position. No-one wants to find themselves in the same position as the existing creditors in these financially insecure times, no matter how much they love their club.
Brian
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There are many decent rangers fans who are horrified about what has happened to rangers through the activities of previous board members and no apologies made by any of them ,I get frustrated at supporters of other teams putting the boot into gers fans ,criticise our board as much as you like but give the reasonable fans a bit of credit ,sometimes we reap what we sow ,banter is fine ,bitterness is a cancer .you might be down in the future and you will understand what I am saying
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Great OP, makes you think.......or does it?
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It is not the fans fault but the fans must take the good with the bad, it was the same when Celtic financially imploded. We are the people sounds delusional in these circumstances, I would avoid it.
Anorak.
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Here here post #2
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Well said post above
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The rangers support didn`t help by threatening a potential buyer !
I have had this discussion with my gers fan pals. All supporters ( apart from those who are shareholders ) pay a fee to watch a team and be entertained. They are in effect cash cows who have no legal rights when things go wrong as is the case now . I have said this before IE until fans TAKE CONTROL OF THEIR CLUBS like Barca, most german clubs , green Bay packers etc , this senario will keep repeating itself.
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Yes you are the people who stole from the tax payers of this country. i exclude every decent rangers fan from this comment.
as for the question raised in the original post i would not risk my hard earned cash as there are still to many outstanding issues to be resolved.
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Only for another few days
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Tell that to the fighting fund team then, they are supporters but do not seem to want to try and help others - apart from when they paid some money to Dunfermline. Mr Jardine and co have made things worse not better.
Diamond Geezer
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1) buy your seadon ticket with a credit card that might offer you protection
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Your last 5 words are the reason we all think you fans deserve the derision you are constantly face these days. if you are the people, what does that make the rest of us? Pathetic.
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People dont think its the rangers supporters who are to blame but the arrogant attitude of the vast majoritie of fans over the past 20 years that I have been attending football matches is what has annoyed alot of other teams. Even now when it has been shown that there has been wrong doing there is no humilitie or recognision of how the success you loved to flaunt affected others.
DB77
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1) buy your seadon ticket with a credit card that might offer you protection
Wouldn't bet on it.If you buy something on credit from a company in administration I'd be surprised if the card company didn't have a get out clause.They may also have a plan in place to reject any card payments processed by RFC,for your protection.
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So are rangers fans wrong to celebrate success and flaunt it? Who doesn't? Do you think honest hard working and bill paying supporters knew several players and other employees were being paid via an E.B.T which may have been used incorrectly to help pay for this success? Cos ivebeen a fan for 23 years and i go to some not all matches, buy several items of memorabilia per season and watch all other games on net/tv and id never heard of an E.B.T before this popped up a couple of years ago. So i for one am not sorry for enjoying the success on the park in those years. And did enjoy flaunting it. Thats what happens when you win.
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I will not be buying a season ticket and will simply buy tickets for games that I would particularly like to watch. If we get to watch any that is!
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So are rangers fans wrong to celebrate success and flaunt it? fair point but now you need to except the Consequences take the good with the bad if you the right to party when your club was cheating then we got the right to watch yous suffer when the bubble burst so everyone is happy
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Yes you enjoyed the success and I dont think anyone can blame you for that but now the bill has come in for that success all we hear is "a big boy done it and ran away". You cant have the good parts of the history without accepting the bad.
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Yeah but the feeling us Gers fans get is that it is someway our fault as fans that people are being shafted. We as fans have not profited financially from this scenario. In fact we've spent more because of it. So when we get told it's our fault for being a supporter of a successful team its no wonder we get uptight. Mock us all you like but to claim we are to blame is poor. Imo
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06 Jun 2012 00:39:20
Huddersfield are considering a move for Rangers striker Kyle Lafferty. Cut-price sum of £575,000
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No chance hell move to Huddersfield.
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Last weeks news mate.
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Anything possibl with laugh never thought he would get married in the chapel hail hail
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Sounds ok to me il even pay the taxi fair to the airport
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Take it that's a great price for that lump of wood, he's useless without jelavic, he knows himself he would get found out that's why he was always injured after jelavic left.
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Thought rangers players were going for cut price deals.
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Why would they pay for him? He's out of contract.
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