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edinabear

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Posts posted by edinabear

  1. 1 hour ago, Squonk said:

    Not very much, considering Charles Green thought he could purchase the entire playing squad, plus Ibrox and Murray Park for £5.5m. The sales of Steven Davis, Steven Whittaker, Steven Naismith, Allan McGregor,  Kyle Lafferty, Sasa Papac, Lee McCulloch and the rest might've kept the Ibrox floodlights on for another ninety minutes, but nowhere near enough to address total debts of £168.8m, especially when prospective purchasers could offer to buy players for peanuts knowing Rangers' desperation to sell.

    Edit: Lord Tyre valued the entire playing squad at £19,704,883 last year when reviewing the performance of Duff & Phelps as administrators. Just a mere £150m or so shortfall then. Still lots of wailing and gnashing of teeth over the failure to preserve what you claim only to be a <cough> meaningless operating company.

    But the debt was only 56 million. The squad was definitely worth that amount. It's a shame HMRC couldn't have acted with more integrity throughout this period.

  2. On 15/12/2022 at 12:23, Squonk said:

    No, but agreement has been reached between the liquidator and HMRC over the amount of tax debt (£56m) that was owed by the original Rangers Football Club before its death. Remember the fabricated stories invented by the blame-shifting bloggers and fans claiming that the true tax debt was only around £10m, a pittance that Rangers could've easily repaid, a fantasy repeated by an ever-willing media? The reality is that the tax debt was considerably higher than the £56m agreed upon, but HMRC made clear that further litigation would've proved costly and reduced the creditors' pot. Rangers' total estimated debt in 2012 was £168.8m. 

    Who would willingly buy a club with such huge debts attached to it? Sheikh Mansour? Shake Maheid.

    Sevco has no connection to the now defunct club, except for the basket of distressed assets purchased from it. 

    Hope that helps. 

    How much was the squad worth when Rangers went into admin?

  3. 4 hours ago, highlandcowden said:

    Aren't you the guy from the LL thread that fervently supports the ugly sisters B teams getting to bribe their way directly into tier 5 without having to go through the inconvenience of,you know,working their way to there via the newly established pyramid?

    Hilarious

    No, I think you're getting confused. I'm very pro pyramid. I think about it most days 

  4. 12 hours ago, Hampden Diehard said:

    With 44 players, they shouldn't be getting games called off for any reason. That they are allowed to prioritise international call ups and European matches over the LL only serves to increase the farce of their involvement in that league. If their parent club hadn't pulled out of the Reserve League and helped bring about  its demise, the colts side could have been in that. A bit more of a test than against some of the LL strugglers.

    Was this not more that other side's complained that one week they were facing a strong rangers side but the next, due to call ups, was much weaker. This was at the request of the other teams 

  5. 3 minutes ago, williemillersmoustache said:

    Maybe it's got something to do with the fact you can win absolute power across the whole UK if you do pander to the xenophobic 35% in Englandshire. 

    Exactly the same stereotype and stats can be applied to the SNP. Only 30% of the electorate voted for SNP at the last election 

  6. 38 minutes ago, williemillersmoustache said:

    Jesus the carping on about Charles Kennedy is despicable. Ian Blackford didn't make him an alcoholic. Pointing out he couldn't say his own name by 3pm most days in the commons didn't kill him.

    His own party offering the poor man no support at all and pretending everything was fine however probably did. 

    Blackford and his  supporters harassed Kennedy in Parliament, in his office, his home and by email, phone calls and letter. Horrible behaviour but unsurprising from Scottish Nationalists. 

  7. 4 hours ago, Ranaldo Bairn said:

    Not as boring as a century of sectarian poison in our game, plus institutionalised cheating and bullying towards fellow member clubs since the year dot. That, plus the nauseating simpering towards the military and oppressive system of "governance" we must suffer while being part of the UK sickens me.

    I mean, the dregs that follow that particular 2012-instituted club were actually threatening the player and his family who gave Lowry a dull one in a tackle. Vermin.

    Classic Sevconian behaviour. Well played. In Wee Nippy we trust.

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