donj

To be honest I can't see that this will make a blind bit of difference.It's just changing to make it look like a change.Same management minus the head honcho and the same players.

He said JJ had been asked to resign and Steve Aitken was taking over.Doubful really as two lots of compensation we couldn't afford.

We waited after actually winning the last referendum.Norway now 4th richest country in the world and we are still fed our scraps,shortly to be cut down by Westminster.

That game against Arsenal.I expected reserves as per usual in friendlies and was shocked at the team they put out.Then they took some international players off and brought other ones on.It was like men against boys but they were great to watch.

Apparently Buchanan from Airdrie as well

Try the forums

Looks like Brian finally pulled the plug on dot net.The stupid kids still kept insulting him and more or less saying he wouldn't be missed forgetting he ran the site.No access at all now.

Got into the office in Glasgow and my manager asked if I had heard the news.Could not believe it at the time.Great player for us and a great leader. RIP Norrie and Mandy

Vikingtosser can you just piss off to your own teams thread.Mind you I dont think they like you either.Nobody really needs your words of 'wisdom' and you seem to hijack every thread to inflate your rather childish ego.

It's all gone quiet from Gio.I really do hope he comes out with more letters as they are more fun than arguing about a name.

18 games at £12(3rd div pricing) is £216.That £258 ticket sounds a bargain.

If you have heard a lot of football players interviews that is not a great setback.

Anybody seen Gio's latest letter.It's a stormer.You really have to love this guy if only for the entertainment value. Mr John Paul Clark/ Mr David John Whitehouse Duff & Phelps 43-45PORTMAN SQUARE WH1 6LY LONDON 15th July 2012 Dear Sirs THE RANGERS FOOTBALL CLUB PLC (IN ADMINISTRATION) I refer to our telephone conversation on the 9th July 2012, letter of 11th July 2012 and my letter of same regarding the above. I refer also to my telephone conversation on the 11th July 2012 at 11.02pm to which I still await a response. I now am pleased to confirm that on the 14th July 2012 I became a shareholder in the above company by way of a private sale. My share certificate number is C0697808442. The Rangers Football Club PLC is still de facto an active company and only de jure in administration still permitting the company to trade. I am aware that the assets of the company were sold and I have now received a full report on the per se liabilities and contingent liabilities. I have to say that prima facia in February 2012 based upon the balance sheet that I have seen I am somewhat surprised that Craig Whyte deemed the ‘company’ insolvent. I now require immediate answers to questions regarding the state of the company both before Administration and to date. In order that there are no misunderstandings I submit that at the time of Administration namely St. Valentine’s Day (14th February) 2012 the said company was not ‘insolvent’ and that the assets exceeded the liabilities. I also submit that since May 2011 a sum in the region of £50 million was at worst stolen at best misappropriated from the company with the knowledge of many that at the time were involved in the company including but not limited to bankers, lawyers, accountants, and other professionals. I submit that Messrs’ Lloyds Bank PLC permitted in excess of £30 million that should have been paid to The Rangers Football Club PLC was actually deposited and paid into the account of The Rangers FC Ltd (formerly known as Wavetower Ltd) and that Wavetower Limited changed its name solely for the purposes of ensuring any payments made to The Rangers Football PLC be deposited into the account of The Rangers FC Ltd hoping the bank would either inadvertently/negligently (at best) purposefully (at worst) would permit such. Since the amounts are by no means small it is clear that as Administrators you have taken no steps to deal with this. I also submit that although your firm “considered the ethical guidelines within the IPA” your appointment per se contravenes s.994 of The Companies Act 2006: (1)A member of a company may apply to the court by petition for an order under this Part on the ground— (a) that the company’s affairs are being or have been conducted in a manner that is unfairly prejudicial to the interests of members generally or of some part of its members (including at least himself), or (b) that an actual or proposed act or omission of the company (including an act or omission on its behalf) is or would be so prejudicial. Your firm acquired MCR BC which advised Craig Whyte on the acquisition of the majority shareholding from Sir David Murray. It was further retained, by your own admissions and documents we have seen, to advise on structural matters post acquisition. I am not convinced that representations you made to HMRC regarding the level of involvement in the pre-Administration era were necessary the whole truth. Notwithstanding that you have cited officially that HMRC ‘were aware’ of your involvement and did not object to your appointment you have produced no document to substantiate such a claim. As you are supposedly experienced insolvency practitioners you will of course be aware the meaning of the word ‘insolvent’ and its legal ramifications. On the 14th February 2012 the company held in its bank account in cleared funds (cash) £3,373,170 yet according to reports leaked to the media the company was unable to pay its contribution to HMRC of less than £300,000. I note that on the 14th February 2012 at 13.07pm the said amount was transferred from the company’s account with the Bank of Scotland to your account. According to information that has been supplied to me since February 2012 to date your firm has received nearly £20,000,000 in fees together with over £5,000,000 in fees to lawyers engaged by your firm. £2.7 million in fees was also paid by Charles Green as a condition of your firm selling the assets of the company to his company Sevco 5088 Ltd which in fact is now Sevco Scotland Ltd even though negotiations had previously been with Sevco 5088 Ltd. All in all none of those companies have produced accounts or a business plan capable of proper scrutiny and review yet a commodity such as Ibrox Park and Murray Park was sold for £5.5 million with the condition that over half the same amount was also paid in legal fees. Substantial monies were also paid to Lambert Smith who provided supposedly a valuation and other monies were paid to other agents and advisors. Between 14th February 2012 and 20th March 2012 the company received just over one million pounds in revenue (£1,055,870) and it appears that money has been used for the costs of administration. The same story it can be said in the months of April and May. I also note that the company was at one time a member or an associate member of the FSA via registration through a company called Origen Financial Services Ltd that started its life as Bondco 767 Ltd on the 10th March 2000 then changed its name to Momentum Financial Services Ltd on the 2nd March 2005 and ultimately became Origen trading from Farnborough in Hampshire. Although your firm made an application to the Court of Session on the 19th March 2012 the order granting validity to your appointment was founded upon (a) truthful and accurate statements made to the Court and (b) that the costs of the application would be borne by your firm and not from the Administration. In order to make clear again I contend that neither was complied with and further if that contention is correct the validity of your appointment per se is further in doubt and a nullity. I require a full explanation and supporting documents with regard to the shares the Company held in Arsenal Holdings PLC. The company owned historically 16 shares and sold such using the services of an FSA broker Pritchard which was a company ‘owned’ by Craig Whyte although he appeared solely as a company secretary. The amount involved was slightly under £250,000. What actions/steps have you taken to secure the return of those monies that are held in an account that is subject to injunction? According to information received an agreement was reached in May of this year yet I now seek full disclosure. I need not remind you that your firm are under a Statutory Duty to investigate the affairs of the company in accordance with the Insolvency Act 1986. Transactions that were carried out at undervalue as per s.238; fraudulent preferences as per s.239 and of course transactions to defraud creditors as per s.423. The difficulties in all of the three above are that your firm was involved at all levels of day to day management during the Craig Whyte regime making it impossible to effectively and with transparency undertake such a Statutory Duty. In simple words you would effectively be conducting an investigation into your own conduct. I also seek sight of the Collyer Bristow Solicitors files especially as million seemed to have ‘gone through’ their client account. I shall be filing a notice with the Law Society since it would appear that whilst all of the dramatis personae are busy suing each other no one seems to have bothered making a report to the Law Society into the manner upon which the said esteemed law firm was able to handle millions without having carried out the Statutory Guidelines imposed by legislation and by the Law Society in money laundering. In May 2011 approximately (I am awaiting documentation at the time of writing) £26,000,000 was paid to Collyer Bristow Solicitors by Ticketus as an advance fee on season ticket sales for the following three seasons but of which only £19,700,000 would be due to The Rangers Football Club PLC the difference of course in professional fees. The reason the amount was paid to Collyer Bristow Solicitors was in order that any sums due to the Rangers Football Club PLC would only be paid once Craig Whyte had completed his acquisition of the club. Ticketus were thus relying on Craig Whyte completing his acquisition and I now understand that Sir David Murray was seriously misled into believing Craig Whyte had the financial resources by showing a letter from Collyer Bristow Solicitors evidencing proof of funds. Of course your firm would have known that since it was your firm that advised Craig Whyte on this matter and of course Collyer Bristow Solicitors would also have known such. The letter from Collyer Bristow Solicitors is facsimile to the ‘letters of comfort’ that Roberto Calvi held from the Vatican Bank which permitted him to extend his fraud in Italy and fool the Italian Central Bank. In June 2011 your firm duly advised Craig Whyte to pay Ticketus £3,000,000 and a further £5,000,000 in September 2011 and your fees and legal fees of such were in the region of £1,000,000. The said sums were not due to Ticketus since they had advanced monies on ticket sales for the following three years and incidentally on a rate of interest that would qualify as usury. I understand also that Ticketus was in fact introduced by MCR BC which in itself would be a serious conflict of interest. In September 2011 a day after The Rangers Football Club PLC paid £5,000,000 to Ticketus supposedly in repayment of its obligation under the advance made Ticketus paid the same amount of £5,000,000 as a further advance at exorbitant interest rate to the client account of Collyer Bristow Solicitors. This payment lacks common sense and suggest an open scheme of money laundering and adds to the fuel of allegations that Craig Whyte was being effectively induced at best blackmailed at worst into taking decisions he would not normally. I fail to comprehend the manner upon which you have failed so openly in your statutory duties to a Company that should never have been in this position. On the 5th February 2012 the SFA opened an investigation into monies due to Dundee United Football Club over a competition match that was played on 5th February 2012. Yet at the time the amount The Rangers Football Club PLC held in its account was in excess of £4 million. Of course Craig Whyte was well aware that professional fees were due and he invariable considered those to be more priorities than paying for tickets that as I understand are always paid late by clubs but nonetheless paid. A complaint was then made against Rangers Football Club PLC to the SFA that frankly made little sense other than to ensure that Craig Whyte would be blamed for all wrongs and torts and the professional advisors would seem to be the ‘save what one can’ brigade. The complaints made, not properly explained by whom amount to the following which the SFA claim to be violations of the disciplinary code: (i) failure to disclose that Craig Whyte had previously been a disqualified director (ii) failure to ensure that Craig Whyte acted in accordance with the disciplinary code as per previous (iii) suffering an insolvent event (iv) bringing the game into disrepute (v) failure to pay ticket monies to Dunfermline. The obligations of disclosure fell upon Craig Whyte and not Rangers Football Club PLC. The company was not insolvent and if anyone has brought the game per se into disrepute it has been the bankers, lawyers and insolvency practitioners. The failure to pay ticket monies to Dunfermline could easily have been remedied since on 12th February 2012 there was over £3m in the company’s bank account and the SFA hearing was rescheduled to a date when your firm were (unfortunately) administrators and could have paid that. At all material times you were aware that Craig Whyte had been a disqualified director even though his disqualification period ended in 2007. There was per se nothing unlawful in him participating in the management of any company yet his fear of exposure induced him into taking actions that he would not normally have taken. Whyte however, was made to believe that if the said information came to light he would face ‘serious consequences’ and possible ‘criminal sanctions’ according to an email that I have seen from MCR BC to Mr Whyte. As I have stated publicly fear is the fuel of blackmailers and directly and/or indirectly Mr Whyte was placed in a position whereby he feared exposure. When Mr Whyte was no longer prepared to ‘pay the exorbitant professional fees,’ in exchange for his antecedents not being revealed, a member of MCR BC ‘tipped off’ the BBC into his antecedents which permitted the BBC to film the expose on Mr Whyte. Mr Whyte was also persuaded into appointing your firm as administrators in order to (according to an email) ‘soften the blow’ and allow him to escape any potential penal sanctions. Since this debacle has tentacles at the very pillar of Scottish society financial, professional and political only if your firm obtained the appointment could much of what was known to many be not exposed. The rest is history. I submit that Rangers Football Club PLC has (i) been subjected to a deliberate perpetrated fraud in excess of £50,000,000 (ii) never insolvent as it held almost £3.5 million cash in the bank as of February 2012 (iii) your appointment is seriously unfair and prejudicial to the shareholders and as a consequence as a shareholder I reserve the right to make an application in my own name to the Court under s.994 of the Companies Act 2006 evidencing the above and other material. You will appreciate that if my contentions are correct as they are then Rangers Football Club PLC should never have faced any disciplinary from the SFA, never received a points deduction, never been made subject to Administration, never been expelled from the SPL and any other sanction that it has been subject to. The damages to the Company and the club are recoverable from your firm, your insurers, and any third party that has acted as a result of the Administration. I seek the return of all the monies obtained by your firm, legal fees, and any other professional fees which on a conservative estimate are in the region of £25,000,000 to be placed into an account at either the Court of Session or The High Court of Justice and that any further prejudicial or unfair acts in disposing of assets cease forthwith. It causes no joy or satisfaction at having to submit this letter since the contents demonstrate a failure in the control systems that Parliament and the legislators have drafted and re-drafted for the last 30 years. The tentacles of corruption here have extended even into ensuring the Parliament in Westminster adjourn/vacate the enquiry into the state of Scottish Football and the Rangers Affair sine die simply because its findings would be an alarm to the faithful supporters and those who believe in fairness and non-discrimination. In light of the content of this letter I will be sending a copy to the SFA/SPL/SFL. It follows that time is of the essence and I urge upon you an immediate response. I look forward to hearing from you. Yours sincerely Giovanni Di Stefano

My view (guesswork admittedly) is that they all believe that SEVCO will NOT survive in Division 3 (either due to lack of income or Christopher Green walking). This would explain the panic vis-a-vis a Division 1 vs Division 3 placement, Think he has it spot-on there and they are desperate to somehow get them on life-support as quickly as possible.I must admit I don't want any club to actually go out of business.I know they have a lot of bad fans but they also have a lot of good,same as any other club,and Cheerful Charlie is not going to spend money to keep them going for 3 seasons making massive losses.

Wonder if this could be the next masterplan cooked up in a darkened room by them. Change leagues to 3 divisions of 14 immediately(with 2 up 2 down and play-off),count all Rangers games as 3-0 defeats ensuring they were actually relegated to the SFL which means the SFL invite thing doesn't count and voila they get them back in a year.If there is an uproar then at worst they are back in 2 years.The league changes to ensure that they can get up even if they dont win the league.Just as easy as their magic SPL2 idea. Nah they wouldnt be as cynical as this would they?

The one thing that is certain is that rules mean nothing to the intrepid duo so they'll bulldoze some smart idea through on Monday.

They still dont get it.England dont want you. Mike Bee: "Rangers should use the opportunity to join the English Football League."

So far there has been masses of opinions from old Rangers players,the head of the SFA and the head of the SPL all saying armaggedon,our game is rubbish and Sky wont pay for it.Only one we havent heard from are Sky,who must be rubbing their hands together at this talk down of the price they should pay by the suppliers.Obviously they must go along with this even if they had no intentions of cutting the price. I bet Tesco or Asda would love suppliers like this telling them to cut their offers. Possibly not the best approach to business I have seen.

So now I get it.You shrug off all debts and all punishments,then get the clowns in charge to say you must be back in the league in a year or the world ends,and everything is sorted.So simple I cant believe every club hasn't thought of that idea.

What ever happened to the SFA punishment.Remember the transfer embargo thing that Duff and Duffer went to court about.Has it just been quietly forgotten about?

As the cunning plan to put the newco in the 1st division looks like another no I fully expect a proposal of league reconstruction this week.It's totally crazy having every team holding off doing signings with only weeks to go before the season starts and they have to get an idea that most teams will accept which ensures the newco are back as soon as possible. My guess would be a fudge of a bigger top league and two lower leagues with newco in the first division and money passed down to the second to sweeten the pill. How any team can possibly plan with this chaos going on has to be sorted this week or we might as well close the whole thing down.

How has this thread about Rangers liquidation turned into a one 'lady nurse'(I have my doubts) vandetta about everybody being paedophiles.Please just go away and look after your kids,thats if you actually have any.

Not far wrong.If they set a precedent with Rangers then they cant close the stable door saying it was only ok for them only.Most teams have debt problems and if the newco route is approved,with league position guaranteed then only a fool would pay debts whilst watching Rangers waltz away with no debt and a winning team.Maybe that's the reason most are ready to vote them in.The europe ban wont hurt most and its an easy way to get the bank off their backs.

To be totally honest Rangers coming through the divisions would be a shot in the arm for the lower leagues.The idea that grounds would need uprgaded to handle them is wrong as they can only take what they have safety certificates for.More police yes,but the extra money covers it.Also the crowds could improve in other games,especially if they cotton on to needing maybe 2 ticket stubs from other games to be guaranteed a ticket for the Rangers game.Treat them a bit like the Harlem Globetrotters passing through and improve your teams and grounds as they pass. Most of the Orcs are all for boycotting everything from Tescos to malteesers so you'd get the real fans,who accept that they deserve a bit of punishment,and it could really help the game from grass roots level.

Nope you found yourselves stuffed by Murray saying a debt is debt and demanding his money.