pollymac
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Posts posted by pollymac
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everyone booking their tickets to the liquidation party
BYOB (blender)
remember your dancing shoes for grave dance revulotion in the centre circle
Tickets on sale here
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Yeah, that's why I chose to use the form of words that I did.
I would go further and suggest that even if they tried to impose the sanctions that they appear to have against an individual they may face a legal challenge.
Yeah, my thinking too.
First part, fair enough, I fast read your post and never picked up on the (not too) subtle use of the word 'possibly'.
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Why should he. As has been stated before there is a misunderstanding of the SFA powers. They can possibly stop someone being involved in the running of a club but have no powers regarding ownership.
Craig Whyte will not be involved in the running of this Rangers, a newco Rangers or any other club in Scotland again. So he doesn't turn up and they fine Rangers, can't see Craigey boy being too upset. Can't see the SFA getting more than 10p in the pound on their fine.
I think it would be a wonderful gesture if he tells them to get to f**k.
The SFA don't even have powers to stop someone from running a club; I think that the remit of Companies House.
They can prevent him gaining access to the various SFA/SPL/whatever meetings and maybe fine the club a pitifully low (and impotent) amount of money.
But they can't stop him being a director.
The SFA know it and he knows it.
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Why would he, there's nothing the SFA can do about it. They know it; he knows it.
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Wonder what they owe Celtic £40,337 for?
Financial advice from a Mr P Lawell.
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... because the big house must stay open, and they are the people?
That video is genius.
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They can, because they profit from it. Simple as that.
As an addition to the current debt, people might want to consider that Murray (in his own words) wrote off (or rather LBG ultimately have now written off) £100m of debt via MIH and that the club also banked another £95m or thereabouts from a number of short-changing deals involving ENIC, NTL and Dave King (chuckle). All of this is since 1997.
So, anyone arguing that Scottish football needs Rangers would need to explain, certainly to me, exactly why we need a club that has been bankrolled from external sources over 15 years to the tune of around £330m.
Read that again:
£330,000,000.
In 15 years.
Also:
How much money did that £330m or so enable them to cheat out of the SPL/SFA/Uefa/Your Team/European Teams?
Must amount to a decent whack. Certainly they earn £20m or so more in a CL season than one without.
£400m all told?
Aye, we all need a team like that.
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How can anyone argue that Scottish football needs these cheating, thieving basturds?
They can, because they profit from it. Simple as that.
As an addition to the current debt, people might want to consider that Murray (in his own words) wrote off (or rather LBG ultimately have now written off) £100m of debt via MIH and that the club also banked another £95m or thereabouts from a number of short-changing deals involving ENIC, NTL and Dave King (chuckle). All of this is since 1997.
So, anyone arguing that Scottish football needs Rangers would need to explain, certainly to me, exactly why we need a club that has been bankrolled from external sources over 15 years to the tune of around £330m.
Read that again:
£330,000,000.
In 15 years.
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Anyway, I guess this is getting shelved now?
Six-Star Hotel For Rangers RevampJan 13 2008 By Charles Lavery, Sunday Mail
Exclusive Commonwealth Games Set To Spark Nationwide Cash Bonanza
SCOTLAND’S first six star hotel could be built as part of the £700million New Ibrox development.
It would be one of three hotels in the complex alongside a rebuilt 70,000 – seater stadium.
The luxury hotel plans are inspired by the seven star Burj al-Arab hotel in Dubai.
The Burj al-Arab is famous for its distinctive sail design and has 202 two-storey suites.
It has staged tennis matches on a unique platform on its helipad.
A source close to the project said yesterday: “This would be unlike anything Scotland has ever seen.
“It is incredibly ambitious and will stun people when the plans are finally unveiled.”
The Sunday Mail revealed the incredible New Ibrox plan being worked on by Rangers chairman David Murray last week.
Murray has held talks with potential foreign investors over the project, which could mean the ground being renamed like Arsenal’s Emirates Stadium.
Derelict housing around the ground would be rebuilt and the complex would include shops.
Rangers confirmed our exclusive story last week and an announcement is expected in the next six weeks.
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It does but only two of the ones in the States are accurate. The one in the east of the USA, the two in asia and the two in Ukraine seem to be British companies and Google has got confused
A division of the company I work for is owed £312 by them.
A partner company of the one I left in December is due several thousand. They were paying people off last year (I jumped ship)
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I hate folk who think collecting dole money is work. Get a job you work-shy c**t.
F*ck off you stupid c*nt.
Best I could be bothered with, to be honest.
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Looks liker Azure have taken a big hit:
Azure Support Services Limited provides catering and hospitality services for the stadia, sports, and leisure markets in the United Kingdom. The company offers venues for corporate dinners, conferences, and weddings or events. Its menu consists of canapés, appetizers, soup, roasts, fish, vegetarian, and desserts. The company is based in Hounslow, the United Kingdom. Azure Support Services Limited operates as a subsidiary of Elior UK Ltd.
What no succulent lamb?
They're the company that Rangers sold the catering rights to last year I think. Presumably this is the value of the current year's contract
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Not quite personally, but I'm on a pay freeze for the next year, yet they owe my employer over £129 grand.
They owe my work's benefactor £93m
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No doubt...watching Jim White spluttering indignantly on SSN just now was possibly the funniest 5 mins of telly this year...
'They're crawling out of the woodwork now from all over Europe demanding money!'
Yes Jim...cause your cheating team owes it to them you dullard!
I honestly thought he was going to greet...and that useless pillock with him was no better...'err Portsmouth had similar debts...but are now back in the shit again so maybe not the best example'
Priceless!! Happy holiday weekend to all PnBers...enjoy your viewing!
Much of their debt was to previous owners who were willing to take a hit on their money; orcs debt is mainly to Hector, who is unlikely to be so accommodating.
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Hello Lyons?
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What? All of it?
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Hello Ben & Jerry?
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ffs, no, tried them already. Thanks anyway.
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etc
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Didn't Alan Sugar describe his Spurs investment as a waste of time and that all footballers were self-obsessed scum (or similar)?
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So, it's official then, Lidl have made a bid for Poundland?
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Of course - if they really ARE negotiating terms for a newco then the sport is over, the league is rigged, etc etc. But, given the timescale where next season is concerned, it may be necessary to negotiate now, if they are to gain entry into the SPL.
It's not clear if HMRC could pursue a newco in that way - there seems to be conflicting info from what I've seen.
The HMRC certainly could go after a newco in such a way. The conflicting info is regards a legitimate newco, one that is formed on the back of a liquidation.
What we appear to be witnessing here though, is the formation of a newco before the event, not after (which is, on the surface, normally the case). Creating a newco and receiving the go-ahead from the sporting authorities to continue 'as you were' would be to publicly stick two fingers up to the HMRC. And that is where the problem lies: phoenixing a company is done on the sly to pick up the pieces when things go wrong; phoenixing with pre-approval from the SPL etc would be to do so for one purpose only.
At best, HMRC would go after pre-paid deposits for a number of years, based on the average turnover of the old company (over 3 or 5 years) - you might want to have a look at Rangers turnover for the last 3 or 5 years.
At worst (or best, whichever way you look at it), they will do the same as above and also pursue the newco for debts and oldco directors for personal liability - this will include non-exec directors during the EBT period, including the one who is currently leading the Blue Knights consortium.
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They need "a buyer" even in the event of liquidation. If they have a guaranteed SPL club to "sell", then the return is potentially greater.
I find that quite hard to take - essentially, the administrators and the sport's governing bodies are performing a carve-up before the event. And by carve-up, I don't mean of Rangers assets.
By doing this, they would also be incurring the wrath of HMRC, who would most certainly go after a Newco created and legitimized before the oldco were liquidated for the full amount of debts owed. Under such a circumstance, they would also go for the full 100% penalty open to them.
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That would have been after the deadline surely.
After the original deadline, yes, after the second one? Doubt it.
To be fair on the SFA though, there would have been very little they could do about it.
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Rangers had reached an agreement about paying the small tax case debt to HMRC last March, hence why they got their licence, Whyte came in and decided not to bother paying it.
There is more than one date re Euro license applications. The March date is only the first.
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As I said, I think the public situation this time will make it much harder for the SFA to do that. It only came out well after the event last time the license was given when there were grounds to withhold it, I think UEFA's watchful eye will make a difference now.
It only came out in the laptop loyal perhaps, it was common knowledge elsewhere that there was something amiss regarding what would later become the small tax case.
Perhaps you're meaning the non-payment of PAYE and NIC?
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What the hell does a Newco have to do with the administrators? Why the heck are they even asking these questions? That's not in their remit. If they liquidate orc fc, that's their job done.
Something smells rotten in the state of Mordor.
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Outstanding payments owed to other clubs, no audited accounts and probably most importantly of all the whole thing being in the public eye this time. Given UEFA's current crusade the SFA will require something special to bend the rules.
Yep, like ignoring the rules. On overdue tax. Like last season.
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Big Rangers Administration/Liquidation Thread - All chat here!
in Celtic v Rangers, Rangers v Celtic
Posted · Edited by pollymac
stolen from CQN
Glencairn Website
edit: Boooo! Whilst I was beautifying my post, LHH sneaked in. At least I credited it LHH, shame on you.