Nowhereman

Well no effectively they bought themselves promotion. As a new club the highest division they should have got into was the third. But they bought their way into the second. Even if the Clydebank take over had been allowed by league rules they should have started in the third division

SPL articles

Thing is what Airdrie did shouldnt have been allowed. In 1970 Dumbarton were about to buy over Clyde. However they were told by the league that they could not take Clyde's place in the first division. Yet Airdrie were allowed to take Clydebank's place in the second. Not really sure why other than the fact that the clubs were happy to see the back of Clydebank

If it is transferred before liquidation that is a completely different scenario. But given that it is an asset it would have to be transferred by the administrators. So there would have to be a company ready to go with a ground to play on and sufficient financial backing. Leeds was 'an inside job' so to speak. Liquidation of Rangers would make that type of transfer a bit more difficult

Oddly enough there are 16 shares

They were not new clubs because the entity which transferred the assets to the new company were still in existence at the time of the transfer. If Rangers are liquidated they are no longer in existence therefore any transfer of membership after that liquidation means it is a 'new' club

Aye you were bloody lucky that day because Paddy Flannery missed a sitter in the last minute

I don't understand this talk of an 11 - 1 vote. If Rangers go under there would only be 11 teams. Not sure if it would be an 11 - 0 that would be required or a 10 - 1

If other clubs' budget entirely on what they earn off the back of the Old Firm then that is their lookout. Clubs have gone bust before and will do so again. It is up to each individual club to ensure that they are on a sound financial footing and if they are not then they don't deserve to survive. Serves them right for hanging on the old firm's coat tails when the spl was formed

Since the advent of the spl I would suggest that it is a commercial enterprise operating as a sport

But why should they even get back into the third division of a completely different organisation. When Airdrieonians were liquidated Airdrie United were formed quickly and applied to get back in to the sfl. However that application was refused presumably because the clubs felt that they shouldn't be allowed to walk back in to the league after going bust. So if Rangers go bust and a new company are not allowed in to the spl they should have to apply to the sfl in the usual manner along with Spartans, Cove, Gala Fairydean et al

How appropriate

Information came from solicitors previously connected with Rangers. Odd I thought anything with your solicitor was confidential. Guess it must be the solicitors who sued them

Well when it comes to league titles so do most clubs to be fair

Team : Livingston. Irony meter: way off the scale

No because they would be applying to get in to the spl and not the sfl

No don't think there is. SFA membership being refused for any new company was my only hope. But this is the relevant rule on transferring membership PROHIBITION ON TRANSFER OF MEMBERSHIP 16. It is not permissible for a member to transfer directly or indirectly its membership of the Association to another member or to any other entity and any such transfer or attempt to effect such a transfer is prohibited save as otherwise provided in this Article 16. Any member desirous of transferring its membership to another entity within its own administrative group for the purpose of internal solvent reconstruction must apply to the Board for permission to effect such transfer, such consent not to be unreasonably withheld or delayed. Any other application for transfer of membership will be reviewed by the Board which will have complete discretion to reject or to grant such application on such terms and conditions as the Board may think fit. So they have complete discretion

Always had a reasonable idea of where I thought it was going. I just wonder how much Whyte already has in place. A fair bit I would have thought presumably with the intention of being out of admin before end of March. Otherwise why do it now rather than later

Well if the assets are sold to a new company it is the old company that would have the debt to HMRC. If the new company is allowed to 'buy' the league place and Ibrox maybe Craig Whyte is smarter than he's been given credit for in some quarters. Main thing that stinks for me is the fight between HMRC and Whyte to have an administrator appointed. Given that the administrator's duty is to protect the assets for the creditors it shouldn't really matter who is appointed,should it?

Yes its two different companies so presumably the English FA and English League must have allowed the existing league member to sell the membership to another company. Don't know what SFA rules say about that

Airdrie United, Livingston, Motherwell, Dundee . . . Surely the integrity left the building some time ago

But would the SFA not have to admit the new company as an SFA member as well as the spl approving it

The land will have some value though and if a liquidator has to maximise the value of the assets it might be that a property developer would be the only option. The fact that HMRC have made this move certainly doesn't suggest that they are going to sit down and have some cosy cha about dealing with the tax bill. Suggests to me that if Rangers lose the case an administrator will find it very difficult to get HMRC to agree a payment in the pound which will lead to liquidation and a whole different scenario

Leeds were never liquidated though were they, they always stayed in existence.

Enjoyed the two seasons we were in it. Seem to remember we beat Manchester City in one match. . .how things change