GlasgowCeltic.org

Thanks for the free ad.

Celtic FC is a club which is open and welcoming to all, you'll find absolutely no bigotry at Celtic Park, the home of Glasgows only SPL club, in their 125th year of unbroken history.

If they want to have the history of Rangers FC (IA), all they have to do is to buy the shares in the club from Craig Whyte, and pay off about £100m of debt or so.

Oglivie and Ballantyne are a pair of c***s.

Why would a history transfer from one club to another because the membership had?

How the f**k does this c**t manage to breathe and type at the same time?

In the case of Rangers FC (IA) as a plc, then yes it is, just as the accumulated individual share of each owner prior to it being a ltd co. had was the club.

Take 2. A club can start out as a private organisation, as in the case of Rangers FC. After a while, the people who own that club can decide to incorporate that club, as in the case of Rangers FC. The owners of the club exchange their shares in the club as a private organisation, into those of a ltd co. This is called incorporation, as happened to Rangers FC. The club hasn't changed, it hasn't gone out of existence, it has changed the format in which it is structured. The only way to exit this plc status is via unincorporation, or liquidation. Can you guess which of these happened to Rangers FC (IA)? I'll give you a clue, no-one bought their shares. Seriously, this has all been explained dozens of times. Do you even understand that a club can exist without having any relationship to any ltd co, public or private, as a privately owned organisation, a charity, a voluntary group, or dozens of other formats, and can freely change between them without changing the club? Edit to add, before I have to explain this in intricate detail using diagrams: Changing from one form to another is only possible if the original entity is not extinguished. In the case of liquidation of a plc, it ceases to exist and cannot change into any other format.

Scary. Genuinely scary.

The plc which owned Rangers was called Wavetower. Wavetower owned Rangers FC by virtue of buying the shares from MIH. The shares in Ranges FC are what denotes its existence. If you want to buy the club, you buy the shares in the club. No-one was able to buy the shares in the club from Craig Whyte, therefore those shares will soon be liquidated, and the club will cease to exist. To pre-empt what will undobtedly be coming next, the holding company for Rangers FC (IA) was Wavetower. A holding company is one which holds shares in another. Rangers FC (IA) is not a holding company for anything, it is the club. I can't really think of any way to simplify this any further. If you don't get it, well, sorry, but you are failing to understand basic logic. I'll reverse this around and ask you, under what set of circumstances would Rangers FC (IA) cease to exist?

See when I said that a club doesn't even have to be a plc, which part of that sentence didn't you understand?

You're not getting this at all are you? A club doesn't even have to be a plc. In the case of the now defunct Rangers FC (IA), they were. Incorporation of a currently existing club doesn't extinguish the club, and neither would de-incorporation. Is any of this making any sense at all?

Aye, I'll be sure to accept the word of Traynor and Ogilvie on the matter, they're sure to be impartial... The **** are snuffed, there's no really much else to say about it.

It will be Sevco Scotland Ltd. t/a 'The Rangers Football Club', using the membership which was previously held by the now defunct The Rangers Football Club plc.

I'm not even sure that Sevco Scotland Ltd. have even applied to be members of the SFL yet. I understand a vote was taken to allow them entry as members, but I don't ever recall hearing that Sevco Scotland Ltd. had actually made an application.

Oh God, this has been dealt with dozens of times already but... Celtic were founded in November 1887, admitted into the SFA in 1888, incorporate in 1897, and still exists. Incorporation does not change the entity being incorporated. Changing from a private to a public ltd co does not change the entity being incorporated. Buying up all the shares an unincorporated it back into private ownership does not change the entity. As for the keech about Pacific Shelf, that is a company which is owned by Celtic plc. It is not Celtic plc. Anything else?

So who would have claim to the titles of the now defunct Rangers FC (IA)? My cat? My cats Trustees? Seriously, can't you see how utterly nonsensical this argument is? It's not a matter of perception, it's a matter of fact that Rangers FC (IA), the club set up in 1872, is being liquidated. Airdrie Utd fans can pretend to themselves all they want that they are Airdrieonians, but the facts of the matter are, they're not.

Being liquidated is not the same changing your name.

Clubs can change their name to whatever they want, they're still the same club.

I have no idea what name the newly formed club known as Sevco Scotland Ltd. will be using at that time. It makes bugger all difference to me, they're nothing to do with Celtic FC, no matter how much others might wish to think.

I believe that the vast majority of broadcasters will use the terminology employed by the SFL, and refer to them as 'The Rangers', to distinguish them from 'Rangers'. It makes absolutely bugger all difference, without the shares in the club from Craig Whyte, they are not, and cannot ever be, the club which was set up in 1872.

Tell me then, what happens to this 'asset' if, for example, I buy it, proceed to snuff it, and leave everything in my will to my cat? Will it then be my cat who could claim to have cheated its way to some SPL titles? Absolutely ridiculous idea, which I am surprised anyone gives credence to.

Goodwill refers to the value which the company enjoys from its perception, not from any nonsensical idea that history, in terms of sporting achievements, is an asset which can be traded.

What it is called, and what image rights it owns are irrelevant to the fact that it is not, and never can be, the club which was set up in 1872.

History is not an asset which is transferable. It's not even an asset of any kind.