SouthLanarkshireWhite

This is a good point. Using Clyde as an example, the idea that someone was going to save us was not really in anyone's mind, except the wholly unreralistic. That meant we had to take control ourselves and raise the money. I believe something like £500k has been found over the past 7 years and we still have a club (in dire straits it has to be said), and therefore we have the possibility of recovering once the final £150k or so is paid off. Mistakes were made along the way, but saving a football club tends to be a one-time project and therefore experience is limited. The fact that Clyde are now owned by their fans means no one individual can leave us in an unholy mess gain - I think we were £1m -£1.5m in debt with little chance of reducing that. The CVA helped us enormously and we can see a day when we will be debt free. The downside of fan ownership is restricted competitiveness. However perhaps clubs like Rangers, Celtic and even Hearts should look to the concept that their days of being competitive outside Scotland have gone forever and focus on making the game here more attractive and competitive. The chasing of Eurpean glory and shareholder value will kill one of these clubs - we are not far away as we speak, but I still don't get the sense that many lessons are being learnt. The efforts of Rangers fans to provide funding and an alternative solution has been poor - but that's what happens when you think the world owes you a living.

We hold majority shareholdings in the EBT to avoid individuals/ small groups becoming too powerful and abusing their power. We don't pay salaries, bonuses etc through them, just use them as counter-weights to mis-use of power and influence. The EBT trustees can use their vote where they see decision making in the company not in the best interest of the beneficiaries (employees). We are therefore OK. Ironically, used properly, Rangers could have avoided all this with a similar structure and strong trustees. It's the future for clubs who don't hold outrageous & not-achievable European ambitions, but wish to compete in a well-structured, equitable , competitive domestic league only.

As a slight aside - EBT's are still legal. All our companies use them. We just use them legally and in the U.K. - not illegally and offshore for tax avoidance. Unfortunately this whole affair gives the ebt structure a bad name it does not need nor deserve. The greedy always screw it up.

Laughing, or just through forgetting to go as it is too interesting to drag yourself away?

It would have taken less effort to type - yes, they will go into the spl.

Without going through 3 weeks worth of postings As Rangers are an SPL team, liquidation, and reinvention would mean that they would go back into the SPL, NOT Division 3, as it is SFL. Is that a correct assumption? - clearly all other SPL sides would vote to have them amd their money back in asap, so no time in the lower leagues.

Oh and by the way, we'll have the 1949 Scottish Cup too.

Will the other clubs be big and brave enough to turn this situation to their benefit? Here is a once in a life-time opportunity to renegotiate some of the deals around SPL cash allocations and voting rights. Rangers will survive this in oneform or naother, but maybe with some help required. The others should use that as a negotiating position to extract changes.

So in a desperate attempt to find good news, would this mean no relegation and two up from Div 2?

1. People who can' t find their seat on an aeroplane. As if the row numbers are random or something and seat 3d is near the fecking back, then they have to push everyone out the way to get back to the front. And then you miss your take off slot and sit at Heathrow for another 114 minutes. 2. People who tell lies. 3. Scots who continually vote Labour(because their dad did), missing the fact that we need to force them to 'buy' our votes. Otherwise we will always suffer from shite transport, housing, sports facilities etc. 4. Neds going on holiday abroad.