Jump to content

Big Rangers Administration/Liquidation Thread - All chat here!


Recommended Posts

With so many clubs walking the admin tightrope, for whom would this benefit and how?

It depends what kind of regulations might be considered, and how much they apply to existing debts. But there are several SPL clubs who aren't financial basket-cases; e.g. Hibs, St Johnstone, St Mirren, Inverness, Celtic. This is an opportunity for those clubs to fight the corner for the sustainable and well-run.

Some other clubs are more heavily indebted, but are working at it.

Link to comment
Share on other sites

Just got home. Where are we at today. Where's the party I was promised??? Any news at all other than the fact they are chasing Whitey for £5 Million and have also got another £4 milloion odd frozen by the courts...

This is starting to get very predictable..:angry:

Link to comment
Share on other sites

From Paddy Power.... 11/4 for them not to win the next 5 SPL titles.

When will Rangers next win the SPL?

Rangers FC – or the same club that continues under a different name. Singles Only.

2011-2012 50/1

2012-2013 9/4

2013-2014 5/2

2014-2015 7/2

2015-2016 11/2

2017 or later 11/4

Link to comment
Share on other sites

2

BigKennyBluenose

Thursday, March 1, 2012 at 05:25 PM Can't see any big names getting let go by the Gers ahead of the expected restructuring. This is just a way to clear the decks of some of the dead wood. A quick liquidation and we'll be back as The Rangers... bigger and stonger than the old version, with plenty cash for contract payments, no debt, and 50,000 supporters every week. Dunfermline might sink, but don't blame us for that - they haven't even got enough fans to keep all their stands open. Not our problem. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -Big Kenny Mac, Big Kenny's Back.

What an absolute cockend, no wonder we want the club dead beyond repair. He doesn't even seem to realise that as they are they're losing money hand over fist, yet somehow these administrators are allowing this loss of money to continue.

Just shows how thick they are - A quick liquidation??? Liquidation means rangers is finished as a club, they could maybe create another club but there history is gone and another thing is that if they do into liquidation then they would more than likely have to start in Division 3 and also will be banned from Europe for 3 seasons.

Link to comment
Share on other sites

That's your microwave kebab ready..!

Can you still get them? Haven't seen them for a while..

BTW..

Raman Bhardwaj @STVRaman

Ally McCoist and players' union chief Fraser Wishart in meeting RFC administrators right now.

Edited by welshbairn
Link to comment
Share on other sites

Just shows how thick they are - A quick liquidation??? Liquidation means rangers is finished as a club, they could maybe create another club but there history is gone and another thing is that if they do into liquidation then they would more than likely have to start in Division 3 and also will be banned from Europe for 3 seasons.

I have asked many Rangers fans if they would support a new created Rangers, not one of them has said yes. The reason? No history.

Also about 10 of them mentioned Linfield as their would be new team. What a joke.

Link to comment
Share on other sites

If i was needing a laugh i normally look at sickipedia but those in rangersmedia are 100 times funnier than that site :lol:

Go have a look at the thread about Stephen Craigan ;)

Link to comment
Share on other sites

It's all becoming clear now. Whyte appoints his own administrators, instructs them to drag things out for as long as possible. Without making discernable cost savings, Rangers debts continue to rise, making liquidation the only possibility, when allied to all the other debt. Rangers are liquidated, creditors get next to nothing. It transpires that a new consortium of Rangers minded businessmen manage to establish moral and legal rights to a new Rangers Phoenix club, and buy it for two penny chews and a packet of hubba bubba. They lease Ibrox and Murray Park from Whyte (who now owns them after liquidation happens), which is how Whyte (through a complicated trail of other companies) makes his money. The SPL and SFA, with the possibilty of losing TV deals, bend every rule imaginable to allow Rangers Phoenix straight back into the SPL. Subservient SPL club chairmen, when it came down to it, couldn't wean themselves off Sky TVs teat, or the visiting Rangers supporters gate money. The new Phoenix Rangers re-hire a new squad on much reduced wages from 'the bad old days', but given 50,000 home gates and new investment from the new owners, easily manage to assemble a squad second only in quality to that of Celtic, and the Old Firm bandwagon rolls on as if nothing happened. Rangers Phoenix are only ever referred to as 'Rangers Phoenix' on internal paperwork between the club and the bank, taxman, SPL etc... otherwise it's the same old Rangers, but now debt-free and ready to rumble. A trail of shafted creditors, taxmen, and sacked tea ladies are left scratching their heads wondering what the fcuk just happened to them. Whyte disappears to Monaco before doing it all over again, but at a more 'normal' business, out of the glare of publicity...

Popcorn sales die a death, along with any shred of dignity and integrity that Scottish football might have had.

The end.

If that happens, and the fans of the other clubs continue as before renewing season tickets/buying merchandise etc, then they deserve everything they get.

My guess is that if 'Rangers 2012' are allowed straight back into the SPL then it will probably be done in conjunction with an increase to 14 clubs to make the whole thing more palatable to your average supporter. Either that or there isn't actually a legally binding clause in the TV deal which stipulates that Rangers must be present in the SPL, which imo, would see 'Rangers 2012' start from the 3rd Division without much financial impact on the remaining SPL clubs. This would actually suit Rangers.

Link to comment
Share on other sites

Just shows how thick they are - A quick liquidation??? Liquidation means rangers is finished as a club, they could maybe create another club but there history is gone and another thing is that if they do into liquidation then they would more than likely have to start in Division 3 and also will be banned from Europe for 3 seasons.

:lol: :lol: :lol:

This has to be the winner!!

Link to comment
Share on other sites

* what policy decision could be taken now on stripping titles, redistributing titles, and/or replays

REPLAYS ?

Blimey there's an image. John Martin and Owen Coyle of Airdrie wheezing through 90 minutes of replaying the '92 Cup Final against a select of the Rangers reserve squad players of that time that an independent assessor has judged they could have been able to realistically pay rather than Goram, Gough, McCoist, Durrant and Hateley who were there thanks to wages they could not afford legitimately with fiddling the tax system.

Great tele and better than the Master's 6's tournie

Edited by BigBadSaint
Link to comment
Share on other sites

It's all becoming clear now. Whyte appoints his own administrators, instructs them to drag things out for as long as possible. Without making discernable cost savings, Rangers debts continue to rise, making liquidation the only possibility, when allied to all the other debt. Rangers are liquidated, creditors get next to nothing. It transpires that a new consortium of Rangers minded businessmen manage to establish moral and legal rights to a new Rangers Phoenix club, and buy it for two penny chews and a packet of hubba bubba. They lease Ibrox and Murray Park from Whyte (who now owns them after liquidation happens), which is how Whyte (through a complicated trail of other companies) makes his money. The SPL and SFA, with the possibilty of losing TV deals, bend every rule imaginable to allow Rangers Phoenix straight back into the SPL. Subservient SPL club chairmen, when it came down to it, couldn't wean themselves off Sky TVs teat, or the visiting Rangers supporters gate money. The new Phoenix Rangers re-hire a new squad on much reduced wages from 'the bad old days', but given 50,000 home gates and new investment from the new owners, easily manage to assemble a squad second only in quality to that of Celtic, and the Old Firm bandwagon rolls on as if nothing happened. Rangers Phoenix are only ever referred to as 'Rangers Phoenix' on internal paperwork between the club and the bank, taxman, SPL etc... otherwise it's the same old Rangers, but now debt-free and ready to rumble. A trail of shafted creditors, taxmen, and sacked tea ladies are left scratching their heads wondering what the fcuk just happened to them. Whyte disappears to Monaco before doing it all over again, but at a more 'normal' business, out of the glare of publicity...

Popcorn sales die a death, along with any shred of dignity and integrity that Scottish football might have had.

The end.

Despite Vikington's belief that Whyte is an idiot and not a genuis, this is how I believe it willl pan out. Everybody shafted except Whyte and bizarrely, Rangers emerge stronger as they have no debt and no deal with Ticketus. Whyte can either lease the assets or sell. Rangers would be an attractive investment for a buyer IMHO without the debt or the mortgaged tickets.

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Unfortunately, your content contains terms that we do not allow. Please edit your content to remove the highlighted words below.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...