Tadénator

Is it the case that taking this to court suspends the ruling until the court action is completed? So in theory they could sign players when the transfer window opens if they are still going through the courts? Although I don't know why any player would sign for them in the state they're in.

http://local.stv.tv/glasgow/103244-rangers-take-scottish-fa-to-court-over-player-signing-ban/ Also confirmation that their players can move on for 25% of "perceived market value" once the transfer window opens.

No, if the CVA goes through then Whyte transfers the shares. If the CVA doesn't go through, Whyte keeps the shares and still owns the club.

Alison Robbie ‏@AlisonRobbie "Charles Green says contract with Craig Whyte to take his #Rangers shares will terminate if CVA can't be agreed" This was already suspected but good to get some confirmation. Means Whyte will likely be making more than a £1 profit after all!

Jude Allen's (aka Javed Abdullah) biggest company Signforce had a net worth of only £302,867 in 2006 (http://companycheck....ompany/FC024812). Can't find much other info on him

18 people in the trust? The names of the other two are Mazen Houssami who appears to be a lawyer for a property company in Dubai and Jude Allen (real name Javed Abdullah) who's in the Indonesian hospitality business.

From the meeting today. I wish I could've been there, would've been funny as f**k The Meeting commenced at 5:30 and ran until 6:50. There was an agenda produced by Mr. Green then the floor opened for questions. 1. Season ticket prices. Despite no increases in the past three years and the desperate need for money coming into the Club, the prices will not be increased for the forthcoming season. An official announcement will be issued soon. The Ticketus deal is over. 2. Meeting with the SFA/ SFA Appeal. Mr Keen, our Q.C. presented a strong case why the penalties were harsh. The sanctions were not actually in the SFA Rule Books. He stressed we were very likely to lose players. He spoke for one and a quarter hours. The SFA's lawyer then presented his case. Both Mr Green and Sandy Jardine stressed the panel were independent and not "football men". Rangers asked for a quick decision in order that we may plan what to do next. The panel went away for an hour and a half and returned with the verbal decision, to be confirmed in writing, that the decision and sanctions stand 3/4. Deal Structure/ CVA/ Newco and CVA letter issue date. Mr Green's preferred route is a CVA. Funds are in place to pay the creditors. On or around next Friday Duff and Phelps will write to the creditors with the offer. The creditors then have 14 days to decide if they will accept. If all say yes, Duff and Phelps stand aside and Mr Green pays the creditors, although he will not yet be the new owner. From making their decision, the creditors then have a 28 day cooling off period in which they can change their minds but Mr Green thought it unlikely any would do so having made a decision. Once the debt is settled, Rangers are out of administration. Crucially, the SFA looks upon things differently, and once the creditors accept - not when they get paid - Rangers are, in the SFA's eyes, out of administration. Scottish football is working to new rules, so it is vital all is settled before the 4th August - or we may face further punishments. If we go down the newco route, it is along similar lines to Bill Miller's except Mr Green will pay the creditors now. Bill Miller's idea was to pay them off over three or four years. Mr Green stressed that whatever happens we will not lose the history or the trophies. The Club was founded in 1872 before the days of incorporation. In 1899, we incorporated. In 1981, we re-registered. All with the history intact. All we get is a different number in companies house against our name. 5. Investor information. Mr Green was looking into the purchase from 18th February. His idea is to have investors owning from 1% to 15%. All 26,000 current fan share holders will be invited to invest and given 2 or 3 years to fund their investment. The press have found out about Kevin McDonald and Freddie Shepherd and approached them. Both have declared an interest in investing but as yet, have not done so. Mr Green has 5 or 6 people who have already committed to invest and who have paid money to be part of the dream. Some are from the Middle East and some are from the Far East. None are Rangers fans but are football fans. Their dream is to fund soccer academies in the Far East and to see Rangers progress in Europe, where the creation of a European League is seen as a reality. The company will be listed and everyone will be able to see all who invest. At the moment they have asked for privacy. 6. Craig Whyte agreement. Mt Green has met Mr Whyte on three occasions and has paid him £1 for the Club. He also paid him a second pound so that Mr Whyte could make a 100% profit on the deal. The thing is set in stone and Mr Whyte cannot back out. Mr Green stressed that anything David Murray or Craig Whyte did should be consigned to the history books and we now look forward. The floor was opened to questions. Asked what would happen if one, two or three of our recently called up International players got crocked playing for their country and we could not sign anyone because of the embargo, Mr Green and Sandy Jardine expressed their amazement and anger at how the situation may develop. Mr Whyte pointed out to the panel at Hampden that we had three goalkeepers on our books and asked what would happen if they all got serious injury, would we have to field a team without a keeper? No satisfactory answer was forthcoming. They looked at the team sheets and saw almost 40 signed players from 17 years of age up. Sandy Jardine asked them what would happen if all the experienced players left. The answer was that we still had enough on the books to put out a team. Sandy Jardine answered that you cannot blood a youngster too soon. One bad game and he may be finished. But he told the Meeting the people he was talking to were not football people. Asked if we should plump for Division 3, Mr Green replied that without Rangers there is no SPL and the other Club Chairmen know it. While other clubs fan may want us demoted, their Chairmen are businessmen. Mr Green stated that while not a test case, if we were Crewe Alexandria or Arbroath, the punishments would not be sever, indeed there may be calls to assist us. Mr Green stated that there may be a "year of pain" but that we would emerge from it and regain our place. Asked where he saw us in 5 years, he said "top of the League".Mr Green paid great tribute to Ally McCoist, the management team, the players and to Rangers men such as Sandy Jardine and Jim Hannah who had given so much. Asked about further investors, Mr Green said that he had held meetings today and would hold more tomorrow with Rangers fans keen to invest. They were, he said, major names in Scottish business - and Bluenoses. Asked about future players Mr Green reminded the meeting that he had built and sold the largest sports agency in the world and still had the contacts. "who would not want to come and play for Rangers?" he asked. Lastly, Mr Green stressed that it was most important that there should be no disruption to the Cup Final at the weekend. It would not be beneficial to Rangers

Time magazine brands Rangers fans "vile and violent" "Although Rangers' administrators say that three other bidders have come forward, it's quite possible the team could be liquidated. And it's more than possible that this is a great thing for the game. Rangers and Glasgow Celtic have dominated the Scottish Professional League forever- they were both European powers once- but their bitter, sectarian-based rivalry has helped to undermine them. Their vile and violent fans-Protestants in the case of Rangers; Catholics for Celtic-are everything that's wrong with football. If Rangers were to fold, some of the religious hatred could be drained and perhaps new rivalries might develop in the SPL." http://www.dailyreco...86908-23858106/

lol @ Rangers

County get to vote on the 30th and not the relegated club, confirmed on Twitter.

Unreal. How can the rules be changed this blatantly and at such short notice just to suit Rangers?

Frankie Boyle ‏ @frankieboyle "It would be amazing if the SPL representatives at today's meeting, instead of relegating Rangers , set them a series of 12 Mythical Tasks" Any suggestions as to what the tasks could be?

Who is voting on this again? Is it the chairmen of each of the SPL clubs or just the 4 man SPL board? And is it just a majority decision?

Even my local corner shop is ripping the piss out of Rangers. Another one for the boycott list?

http://forum.followfollow.com/ Rangers Media is just a diet version of Follow Follow. This is where all the "intelligent" Rangers fans post. You can't view it unless you register which conveniently hides the bigotry from the outside world. However registering only takes a couple of minutes and a world of hilarity awaits.

http://www.scotsman.com/news/tom-english-shift-in-rangers-administrators-position-on-liquidation-1-2209479 Published on Sunday 1 April 2012 00:07 ALL three of the remaining bidders for Rangers have refused to rule out liquidating the club, should they get their hands on it in the coming weeks. It emerged on Friday that Club 9 Sports, one of the groups interested in purchasing the club, have liquidation as part of their strategy (thought it not is their only strategy), but it is now believed that the other two, the Blue Knights and a Singaporean consortium, would also consider forming a new company if they felt they had no other option. Probably for the first time in public, the Rangers administrators gave serious credence yesterday to the possibility of the club having to be liquidated. They don’t see it as a fait accompli, but they have certainly altered their position, which was previously to say that liquidation was not really on the cards. “The preferred option remains a CVA,” said co-administrator Paul Clark. “And we still think it’s achievable and we’re still recommending that as the preferred course of action to the bidders. We must accept, though, that we have in Rangers a financially-stricken institution and there is an amount of toxicity in there as a result of what’s gone on. So all of the options have to remain open and it may be that some of the bidders decide that they would rather start afresh. We prefer a CVA but it has to be a credible arrangement. It’s a fine balancing act. “CVA is our option and it remains an option for all of the bidders. However, we cannot rule out the winning bid could prefer a different structure that meant the sale of the business to a new company and in that eventuality it is certainly possible that Rangers would be liquidated, but it would only be done so after the football club was made safe.” In what has become an intensely complex affair, Duff & Phelps have called for final and best bids by Wednesday. They are keeping the door open to all-comers until then, including any party who might not yet have got involved, or Brian Kennedy who stood back from the process last week. The best-case scenario is that, by Friday of this week, or more likely just after Easter, a preferred bidder will be announced. Clark refused to comment on speculation that Club 9 are in the box-seat now. “Very soon we will have our front-runner, our single party and that party will enter into an exclusivity period of probably two to three weeks so we can get the final deal in place. Our strategy remains to have an owner installed before the end of the season. It will be tight but it’s feasible. We will be locked into an agreement with one party either side of the Easter weekend. The situation remains fluid. I don’t think you should assume that each party has just come up with a single solution [CVA or liquidation].” It is understood that all parties have different scenarios in their bids, a plan for a CVA and a plan for liquidation and even, in the case of at least one of the bids, some kind of intricate hybrid of the two. Clark repeated his view that Craig Whyte will not be an impediment to a sale without explaining precisely what their plan is to remove him from his shareholding. It emerged also that the police have tried to contact Whyte as regards concerns they may have for his personal safety if he proves stubborn and refuses to back away from the scene. Whyte, it’s believed, hasn’t yet responded to their calls. Paul Murray, of the Blue Knights, was critical of the administrators yesterday in that regard. “The administrators believe there are legal mechanisms to get the shares from Craig Whyte. What I’d say is, why didn’t they start that legal action seven weeks ago, rather than now? The last thing Rangers need is more protracted legal battles. There are so many things to sort out – player contracts for instance,” he said. “If it’s not resolved in the next couple of weeks, I fear they might not be able to do a CVA.” In terms of the stories linking West Brom with a bid for Steven Naismith, the administrator wouldn’t directly confirm or deny it, but he did say there’s been interest in some of the Rangers players. “I will say that we have had approaches in relation to player transfers. We’ve had some approaches and we will have discussions with Ally McCoist before any decisions are made. We’re not in a position to make any decisions at the moment in any case. “I should say that it was only a few weeks ago that the players made sacrifices in terms of accepting huge cuts to their salary and had they not accepted those cuts then the issue of bids for players wouldn’t have existed because we would have had to let them go. They might not have been around to attract offers. There wouldn’t have been any decisions to make. They’d have been gone.” If there is a feeling that we are approaching endgame in the purchase of the club, there is still much uncertainty about what that outcome might look like. From their position of downplaying a liquidation, the administrators have shifted somewhat. The coming week will be another full of frenzied activity. Tick-tock...

The channel 4 report:

Can the people running it not just reject the payment?

I finally got the "Why did the chicken cross the road?" "To get to the other side." joke today. "The other side" refers to the afterlife. My mind was blown when I realised.

Ibrox two weeks ago...

http://news.stv.tv/scotland/west-central/300551-rangers-administrators-in-court-move-over-clubs-fsa-membership/ Seems like a formality but will cost a few more precious pounds no doubt.

I don't think that was tweeted directly from the BBC, it has been rumoured though so there is maybe some substance to it. Could this mean that HMRC could try and appoint their own administrators?

Just a thought, but if anyone wanted to potentially make some money at the expense of stupid Rangers fans they could try this: 1. The Paypal address for the Rangers appeal is "assembly@thebluenose.co.uk". 2. If you registered a similar email address on this site http://orders.net2.co.uk/order/domains/search_results.php?mode=most+popular&hid=&mxhid=&oid=&sitemaker=&old_id=&old_id_check=&search_source=home_keyword such as "assembly@thebluenose.net" for example, you could then create a new Paypal account with that information. 3. Hopefully then some Rangers fans would make an error when typing in the address and send the money to you instead. You'd probably get nothing but you never know... (I don't no whether a. This would definitely work and b. If it's legal so don't blame me if you waste money buying a domain name/get arrested )

Haha, the proof's here: https://www.facebook.com/pages/The-Bluenose-Rangers-Supporters-Assembly/200509926704378

Has Craig Whyte said he wants to sell the club? Also, how much will his shares cost?