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sweenzo

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    Big Rangers Administration/Liquidation Thread - All chat here!

    in Celtic v Rangers, Rangers v Celtic

    Posted · Edited by sweenzo

    Well folks, it has been a landmark day.

    I'm feeling a bit emotionally spent now, and feel it is time to retire and sleep the sleep of the just.

    I'd like to thank you all for sharing this truly joyous day with me. It has been a blast, and I look forward to the next instalment, and the one after that....and the one after that....

    Celtic next, please.

    You've got more chance of getting your hole with a £50 note attached to your cock, Coco.

    Celtic now, Celtic always!

    -2

    Big Rangers Administration/Liquidation Thread - All chat here!

    in Celtic v Rangers, Rangers v Celtic

    Posted

    Once proud?

    I can think of a number of occasions last season when i was proud, a couple from Hampden :)

    I agree 2 great results for your once proud club. It just goes to show how unstable and unpredictable the loony owner of you debt ridden club truly is. A great achievement by Paulo Sergio and how does Romanov repay him?

    The door.

    Answer the question, how much debt are Hearts in and what is the annual turnover and profit? r

    Most true supporters of Hearts will have a rough idea of this BTW.

    0

    Big Rangers Administration/Liquidation Thread - All chat here!

    in Celtic v Rangers, Rangers v Celtic

    Posted

    Ah i forgot, you are on the boards of each and as such have all the insider info us mere mortals dont.

    Calm down mate, jesus, you're touchy are you not.

    Can you tell us when or are you merely throwing names in the air in the hope you get something right?laugh.gif

    I am obviously not a director of any of the clubs but the debt is common knowledge. Your own team is the most worrying given the level of debt, income, turnover profit and the fact the owner is a loony and is actively attempting to sell Hearts. Who would want to purchase Hearts?

    0

    Big Rangers Administration/Liquidation Thread - All chat here!

    in Celtic v Rangers, Rangers v Celtic

    Posted

    Today is an extraordinary day and one that *could* change Scottish football forever. Many had hoped for Rangers' liquidation but I suspect most privately believed that the club would somehow get away with it.

    I still think it's a wee bit premature for celebrations. It all depends how quickly BDO are appointed and whether they deem Green's bid for the assets a fit and proper one. Bear in mind that not many folk will be offering £5.5 million for assets consisting of a football stadium in largely valueless land, a training facility which Sport Scotland have first dibs on, and a largely mediocre squad who, three or four players apart, won't command big fees. The stuff about simply transferring contractual agreements to a newco is surely fantasy-players are in it for themselves and will want to maximise their income rather than take a gamble on possibly ending up in Div 3 on vastly reduced wages. How BDO act as soon as they take control will be criticial with regard to the assets.

    H&D and Green will clearly have a well worked out scenario for a NewCo vote and establishment worked out, indeed it could be argued that their actions have actively encouraged such a scenario. Now that we're in the NewCo situation these plans will already be rolling. Green will be aware that Rangers' court action has hugely annoyed fellow SPL chairmen and I suspect a hectic round of shuttle diplomacy lies ahead of Green this weekend.

    H&D, for their part, will possibly be having a quiet glass of champagne. they can legitimately present themselves as having "tried their best" and will shortly walk away from the whole catastrophic trainwreck millions richer- and perhaps only slightly worried about the nature of BDO's forensic investigation.

    If the SPL don't demote Rangers now, they never will. The vote is very uncertain. The Dundee United and Hibs chairmen seem likely to vote no, who knows which way Vlad and the Lithuanians will go, let alone Celtic. Celtic are now in an impossible position here- piss off their fans or badly damage their income streams. I suspect that they will see which way the debate is going before finally deciding. St. Mirren are also a doubt, whilst the intentions of the two Highland clubs are very uncertain. I'm not clear how OldCo Rangers can have a vote in this process. It is bizarre to say the least. It's pretty obviious that Kille and St. J have resolved to vote Yes, sadly, although Sky's reassurance may weaken their seemingly resolved positions.

    Where do Rangers go from here? Although the OldCo is now on the mortuary slab they still have a few canny moves ahead- some more emollient press, some negotiation with SPL counterparts, and hopefully (for them) a favourable vote on Monday. Nothing's decided until then, remarkable as today's events have been.

    I think there is enough doubt amongst enough SPL chairmen to stymy Rangers in the coming vote. Then we're in the state where a NewCo has to apply for SFL3 and I think there's little doubt how that would go. I wonder if the likes of Spartans would even bother applying if a viable newco was in the hunt for the place. There is some doubt about that too, with the possibility of multiple "new Rangers" emerging in the weeks ahead, if the SPL vote goes against them.

    With old Rangers liquidated, surely the outcome of the BTC, appellate tribunals, SFA sanctions becomes largely irrelevant- although the position is not totally clear. I would expect more statements in the next couple of days on those subjects.

    As someone said about thirty pages ago this is far from the end, but maybe the end of the beginning. Crunch time has been reached and there is nowhere for the SPL to hide anymore. They have to make a decision on Monday or risk becoming even more of a laughing stock, if that's possible.

    And by the way- Jim Traynor- GIRFUY, you washed up, pathetic, sycophantic bell-end. What on earth will you write about now, or will you take this opportunity to spend more time with your blue roses in the garden? Here's hoping. As one of your "nonentities on internet message boards" it really gives me genuine delight to see you so humiliatingly wrong- as always- on the big issue of the day.

    An excellent post.

    0

    Big Rangers Administration/Liquidation Thread - All chat here!

    in Celtic v Rangers, Rangers v Celtic

    Posted

    Today is an extraordinary day and one that *could* change Scottish football forever. Many had hoped for Rangers' liquidation but I suspect most privately believed that the club would somehow get away with it.

    I still think it's a wee bit premature for celebrations. It all depends how quickly BDO are appointed and whether they deem Green's bid for the assets a fit and proper one. Bear in mind that not many folk will be offering £5.5 million for assets consisting of a football stadium in largely valueless land, a training facility which Sport Scotland have first dibs on, and a largely mediocre squad who, three or four players apart, won't command big fees. The stuff about simply transferring contractual agreements to a newco is surely fantasy-players are in it for themselves and will want to maximise their income rather than take a gamble on possibly ending up in Div 3 on vastly reduced wages. How BDO act as soon as they take control will be criticial with regard to the assets.

    H&D and Green will clearly have a well worked out scenario for a NewCo vote and establishment worked out, indeed it could be argued that their actions have actively encouraged such a scenario. Now that we're in the NewCo situation these plans will already be rolling. Green will be aware that Rangers' court action has hugely annoyed fellow SPL chairmen and I suspect a hectic round of shuttle diplomacy lies ahead of Green this weekend.

    H&D, for their part, will possibly be having a quiet glass of champagne. they can legitimately present themselves as having "tried their best" and will shortly walk away from the whole catastrophic trainwreck millions richer- and perhaps only slightly worried about the nature of BDO's forensic investigation.

    If the SPL don't demote Rangers now, they never will. The vote is very uncertain. The Dundee United and Hibs chairmen seem likely to vote no, who knows which way Vlad and the Lithuanians will go, let alone Celtic. Celtic are now in an impossible position here- piss off their fans or badly damage their income streams. I suspect that they will see which way the debate is going before finally deciding. St. Mirren are also a doubt, whilst the intentions of the two Highland clubs are very uncertain. I'm not clear how OldCo Rangers can have a vote in this process. It is bizarre to say the least. It's pretty obviious that Kille and St. J have resolved to vote Yes, sadly, although Sky's reassurance may weaken their seemingly resolved positions.

    Where do Rangers go from here? Although the OldCo is now on the mortuary slab they still have a few canny moves ahead- some more emollient press, some negotiation with SPL counterparts, and hopefully (for them) a favourable vote on Monday. Nothing's decided until then, remarkable as today's events have been.

    I think there is enough doubt amongst enough SPL chairmen to stymy Rangers in the coming vote. Then we're in the state where a NewCo has to apply for SFL3 and I think there's little doubt how that would go. I wonder if the likes of Spartans would even bother applying if a viable newco was in the hunt for the place. There is some doubt about that too, with the possibility of multiple "new Rangers" emerging in the weeks ahead, if the SPL vote goes against them.

    With old Rangers liquidated, surely the outcome of the BTC, appellate tribunals, SFA sanctions becomes largely irrelevant- although the position is not totally clear. I would expect more statements in the next couple of days on those subjects.

    As someone said about thirty pages ago this is far from the end, but maybe the end of the beginning. Crunch time has been reached and there is nowhere for the SPL to hide anymore. They have to make a decision on Monday or risk becoming even more of a laughing stock, if that's possible.

    And by the way- Jim Traynor- GIRFUY, you washed up, pathetic, sycophantic bell-end. What on earth will you write about now, or will you take this opportunity to spend more time with your blue roses in the garden? Here's hoping. As one of your "nonentities on internet message boards" it really gives me genuine delight to see you so humiliatingly wrong- as always- on the big issue of the day.

    An excellent post.

    0

    Big Rangers Administration/Liquidation Thread - All chat here!

    in Celtic v Rangers, Rangers v Celtic

    Posted

    Thread has grown about 35 pages and thus about 900 posts since I was last on yesterday afternoon at which point the SFA dossier was out, the Blue Knights were out-of-here, and this Charlie Green chap (the Green Knight perhaps?) had entered the building.

    Could anyone who's been following proceedings fairly regularly over the last 24-36hrs sum-up if anything else of interest/relevance/hilarity has occurred?

    Cheers.

    Rangers are fucked :)

    0
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