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sjc

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Everything posted by sjc

  1. so how much are you saying that ICT have cost Scottish football ? Can we put a figure on it ? Just how many Clubs will go to the wall because of this ? This needs to be sorted.
  2. I didn't think I was alone in the belief that Sir David Murray, Craig Whyte, Duff & Phelps & Charles Green were all linked in someway.........
  3. am I the only one that thinks that Newco disappearing along with the Oldco is more hope than expectation ? don't get me wrong....the argument for this happening is compelling
  4. Rangers Ticketus deal conversation 'was recorded' By Mark DalyBBC Scotland Investigations CorrespondentMr Grier has said he was only aware of the Ticketus deal in August 2011Continue reading the main story Related Stories Whyte makes Ticketus deal claims Whyte: I found buyer for Rangers Murray 'to blame' for Gers' woes BBC Scotland has uncovered new evidence showing Rangers administrators Duff and Phelps knew Craig Whyte had sold season tickets to buy the club. The recording of a conversation indicates they were intent on denying it because they thought they could get away with it. A Duff and Phelps spokesman said the words were taken "out of context". The BBC reported Duff and Phelps partner David Grier may have known about the Ticketus deal last April. This was before Mr Whyte's takeover. Mr Grier denied any knowledge of the deal until August 2011. The BBC has obtained a recording of a meeting between Mr Whyte and Mr Grier, which show Duff and Phelps did know. Mr Whyte bought Rangers from Sir David Murray for £1 and paid an £18m debt to Lloyds Bank by selling three years of season tickets to finance firm Ticketus for £25m. As well as being involved in Mr Whyte's takeover, Duff and Phelps were appointed as Rangers' administrators after the club plunged into insolvency in February 2012. In May, a BBC Scotland investigation suggested that Mr Grier may have known that about the controversial Ticketus deal before the Whyte takeover was complete. Mr Grier, and Duff and Phelps, denied the claims and said he was unaware of this particular Ticketus deal until August 2011. Last week, in a BBC interview, Mr Whyte said that "everybody who was involved in the deal team at the time knew about" the Ticketus deal. He added: "They (Duff and Phelps) knew everything, they attended meetings, they were copied into all the emails, they were there on the day of completion. They knew from the start." BBC Scotland has now received a secret recording that Mr Whyte says he made at a meeting between him and Mr Grier in a private members' club in London on 31 May, after its investigation was broadcast. The recording, which is to be used in a forthcoming court case involving Duff and Phelps and Mr Whyte's former lawyers Collyer Bristow, has been obtained legitimately by BBC Scotland. During the exchange, Mr Grier said: "I'll tell you what we're doing with that just so you… Mr Whyte: "Yeah. Mr Grier: "We, we went to see counsel yesterday and had a full sort of debrief of all the email correspondence. Mr Whyte: "Yep. Mr Grier: "Now, the fact is that we probably did know what was going on with Ticketus. There's no email traffic whatsoever. Mr Whyte: "That says that you did?" Mr Grier: "That says that we did. Mr White: "But we all know that you did and f****** hell. Mr Grier: "Yeah, yeah. There's no…we were not involved in dealing with Ticketus directly. Mr Whyte: "Yeah. So you knew the structures of the deal. You were dealing with Lloyds. Mr Grier: "Absolutely. Mr Whyte: "And the Ticketus part was Saffreys. Mr Grier "Yeah. So we've maintained that line quite rigorously." BBC Scotland has been able to confirm with a voice recognition expert that the recording is of Mr Grier. Duff and Phelps spokesman Marty Dauer said: "As we have previously stated, Duff and Phelps maintains that our conduct of the Rangers administration was carried out to the highest professional standards. "We do not respond to information that is taken out of context, as we believe is the case in the BBC story. "We welcome the opportunity to review a complete copy of the information that the BBC references in its story." and the hits just keep on coming !
  5. Were you one of the majority Rangers/Sevco fans that wanted SFL3 as a GIRUY to every other Club/fan in Scotland or one of the minority Rangers/Sevco fans that wanted this for the sake of Sporting Integrity ? Genuine question.
  6. Here's how I read the course of events: At first: SPL Club Chairmen wanted Rangers/Sevco in the SPL - The non (SPL) Rangers/Sevco fans didn't. Rangers Board/Administrators wanted Rangers/Sevco in the SPL as it makes the Club easier to sell/profit from. The SPL Chairmen voted in line with their fans wishes. When the SPL was no longer an option: SPL Club Chairmen wanted Rangers/Sevco in the SFL1 - The non (SPL & SFL) Rangers/Sevco fans didn't. Rangers Board/Administrators wanted Rangers/Sevco in the SFL1 as it makes the Club easier to sell/profit from (albeit min 1 year out of SPL) The SFL Chairmen voted in line with their fans wishes. Rangers/Sevco ended up in SFL3. All along the majority of Rangers/Sevco fans wanted SFL3 as a GIRUY in response to the outcry from non Rangers/\Sevco fans regarding the above.
  7. Do we know for certain that Sevco are struggling for money and where did these rumours come from ?
  8. I dare say Celtic are everyone's "Big team" since the demise of your lot ! Just to be crystal clear.................that was a joke !
  9. Questor share tips: Avoid Rangers like prune juice, for now By Jamie Dunkley | Telegraph Rangers Football Club Yet to price Questor says Avoid Sir Alan Sugar once claimed that football was governed by “prune juice economics” money comes in at one end and goes out of the other before it can be properly digested. The former owner of Tottenham Hotspur (Berlin: TTN.BE -news) warned the beautiful game was spiralling out of control and insisted that extravagant player wages and agents’ fees would send clubs across Britain into ruin. Rangers Football Club is a perfect example of this, collapsing in June after years of profligate spending. The company, which went into administration owing about £134m to creditors, was bought by a consortium led by businessman Charles Green and now plans to raise up to £20m by listing 50pc to 60pc of its shares on the London Stock Exchange. Football clubs are typically poor investments and struggle to make profits and pay dividends. Because of this, Questor has always advised investors to steer clear if you want exposure to football buy a season ticket or a subscription to Sky Sports or ESPN. You’ll almost certainly get more reward. Only Arsenal and Celtic (LSE: CCP.L - news) are now listed in the UK, with Manchester United making an unspectacular return to the public markets when it listed on the New York Stock Exchange in August. In Rangers’ defence, it is important to note that the company’s IPO prospectus is unlikely to be published until the end of the month. Mr Green believes this will provide a compelling case for investors and claims City investors are already interested in backing the club. Administration means the company is now debt free. The football club owns its 51,000-seater Ibrox Stadium in Glasgow and the nearby 38-acre Murray Park training ground and plans to develop this land over the coming years. Not only this, but with 36,000 season-ticket holders and an estimated fan base of 5m people, revenue streams should not be too hard to find. Relegation to the fourth tier of Scottish football means that players’ wages stand at about 30pc of turnover, compared with local rival Celtic, which spends about 60pc of its turnover on wages, according to Rangers. Questor is not about to break the habit of a lifetime and suggest retail investors start ploughing their hard-earned cash into football clubs. The club’s IPO could provide fans and ambitious investors with the chance to bankroll the revival of one of Britain’s most famous clubs. Mr Green has even talked about paying dividends. But for now, Questor remains bearish on Rangers. Football is a bit like prune juice after all. Not sure if posted already......sounds like a winner !
  10. Have I missed something ? Have The Rangers gone into administration ?! I've only been away for 4 days...........last I heard was they lost at Stirling Albion...............seriously........whats happened ?
  11. Has it been confirmed that Hughie Green hasn't paid Duff&Phelps yet? Something definately smells a bit fishy......
  12. You got horsed 3-0 on your own ground in a League Cup Final ! Seriously...why was it played there ? Doesn't say it was a replay.....
  13. don't call me Shirley. f**k knows why either of those two Scottish Cup winners would want to waste their talents in the bottom tier of Scottish football.
  14. We really should go easy on these Newco Rangers fans on here. It must be pretty humiliating to go from "Seria A star set to join Gers" to "washed up alky geordie set for Ibrox return" It'll be a pretty humbling experience for them to accept even the mediocre standard of player we've all had to put up with.......that's if they ever get a licence !
  15. in fairness the Glasgow Blues may be the only team playing at Ibrox this coming season !
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