Jump to content

Big Rangers Administration/Liquidation Thread - All chat here!


Recommended Posts

It Seems Green won't announce his 20 man consortium until June 6th, and the fact that he has been phoning Freddy Shepherd makes me think that is all a load of shit that he has a 20 man consortium, he sounds like a man that is desperate to now get people on board and is trying to buy himself some time, by stalling on the identity of these other backers.

220px-Lifehouse_smoke_and_mirrors.png

Link to comment
Share on other sites

It Seems Green won't announce his 20 man consortium until June 6th, and the fact that he has been phoning Freddy Shepherd makes me think that is all a load of shit that he has a 20 man consortium, he sounds like a man that is desperate to now get people on board and is trying to buy himself some time, by stalling on the identity of these other backers.

220px-Lifehouse_smoke_and_mirrors.png

Aye, the very day that the creditors are supposed to agree to the CVA :wacko:

Link to comment
Share on other sites

Of course the Creditors HAVE to be concerned as to who's paying them. The fact is that Rankgers are running at a massive loss, hemorrhaging money like they still have any!

Im willing to assume that

1. There are no mystery 20 backers and he's devised this amazing feat of ingenuity on the back of a beer mat in his local.

or

2. There are some very very shady characters involved in this and the money may need to go through a wash cycle a few times before it goes anywhere near Castle Greyskulls accounts.

or

3. The guy is a complete media whore and is only doing this for his 15 minutes of fame then he's going to piss off back into obscurity again.

The fact is they CANT shaft us anymore. Its got far too much exposure from ALL angles now. Rangers are still dying, perhaps in a different way but they are still dying.

The other fact to consider is that if you ask any experts (the ones without agenda) they will tell you that the HMRC dont consider CVA's when tax avoidance or evasion is the case. They consider it to be unlawful and as such expect the penalties to be paid or the company is wound up and the individuals sought. They are going to make and EXAMPLE of Rankgers. Smoke and Mirrors wont avoid the inevitable. They are truly finished.

Wouldn't necessarily agree that creditors are bothered about where the money is coming from, as long as they get paid. They are not supporters of the club, but creditors. Let Rangers Media be judgemental about possible owners. (or did I mean mental?)

But it is all hypothetical thinking anyway.

Liquidation is better for HMRC by far. They can send out the message to all clubs in the UK, and companies generally. They can also get their own appointment in to handle the liquidation, which will allow them to unearth all the detail, which they know will be incriminating. Can see the polis with the drug raid kit on battering down doors in Charlotte Square in Edinburgh chasing the paper trails ohmy.gif

Do this correctly and they and existing creditors will be able to go after ex Rangers directors personally to recover monies still owed.

Edited by thelegendthatis
Link to comment
Share on other sites

Of course the Creditors HAVE to be concerned as to who's paying them. The fact is that Rankgers are running at a massive loss, hemorrhaging money like they still have any!

Im willing to assume that

1. There are no mystery 20 backers and he's devised this amazing feat of ingenuity on the back of a beer mat in his local.

or

2. There are some very very shady characters involved in this and the money may need to go through a wash cycle a few times before it goes anywhere near Castle Greyskulls accounts.

or

3. The guy is a complete media whore and is only doing this for his 15 minutes of fame then he's going to piss off back into obscurity again.

The fact is they CANT shaft us anymore. Its got far too much exposure from ALL angles now. Rangers are still dying, perhaps in a different way but they are still dying.

The other fact to consider is that if you ask any experts (the ones without agenda) they will tell you that the HMRC dont consider CVA's when tax avoidance or evasion is the case. They consider it to be unlawful and as such expect the penalties to be paid or the company is wound up and the individuals sought. They are going to make and EXAMPLE of Rankgers. Smoke and Mirrors wont avoid the inevitable. They are truly finished.

I hope you are right.

This thread has been a bit of a buzzkill lately and my dropins haven't been as much fun.

It seems we are all quite edgy now that d-day is approaching, it starts tomorrow with you SFA, over to you.

Edited by Gaz FFC
Link to comment
Share on other sites

Meanwhile..

@STVSport: Maurice Edu insists Rangers can challenge for next season's SPL title http://t.co/jnH4B5WY

:blink:

The big centre half Goian was talking a few weeks back, saying that if it wasn't for administration they'd have won the league. I'm still waiting for someone to point out to him that if they'd paid the £13m that caused HMRC to petition for administration, they wouldn't have signed him, Bocanegra, Lee Wallace or Sone Aluko, and would likely have had to sell a few players just to meet the wages for what was left of the squad. This is something that a lot of Rangers fans seem to miss, never mind the players.

How anyone can justify letting them in anyway off the hook is beyond me. We need a strong Rangers for the sake of the SPL? B*llocks. We only have a strong Rangers in the SPL because they are cheating everyone else.

Link to comment
Share on other sites

ive not been on this for a couple of days. The last time i was on the consensus was that rangers are fucked, greene is an asset stripper. but now it seems the consensus is that rangers are gonna get away with all this. whats changed??

Maybe more people are realising that it's Rangers and the small minded Scottish mentality that's involved. They will survive in some form and be in the SPL next season unfortunately.

Link to comment
Share on other sites

Wouldn't necessarily agree that creditors are bothered about where the money is coming from, as long as they get paid. They are not supporters of the club, but creditors.

HMRC (likely to be the largest creditors) would never accept a CVA if they didn't know exactly where the money was coming from.

That's all academic in any event, as they won't accept a CVA.

Link to comment
Share on other sites

It Seems Green won't announce his 20 man consortium until June 6th, and the fact that he has been phoning Freddy Shepherd makes me think that is all a load of shit that he has a 20 man consortium, he sounds like a man that is desperate to now get people on board and is trying to buy himself some time, by stalling on the identity of these other backers.

220px-Lifehouse_smoke_and_mirrors.png

I was going to post the exact same thing. The problem he now has is that any sensible wealthy backer (and let's be honest, the vast majority of wealthy people didn't accumulate it by being stupid) will take one look at the books and do what Bill Miller done. Run for the fucking hills.

Link to comment
Share on other sites

Green is all front and thenhad the nerve to say that others like Miller and TBK had the nerve to parade in front of the press. He sounds like more of a butcher than a nurse...

Can this have an effect on the appeal? If upheld then they are in a very bad situation.

It is entirely hypocritical of Rangers to insist on names of the panel being released by not the investors. The SFA looks to be holding firm on checking that they aren't oo dodgy - Green's track record is at best owrrying and probalby alrming is a better word to use.

Another deadline looms - bring on the appeal - could they postpone it?

Link to comment
Share on other sites

Well if the SFA are going for the Euro Championships in 2020 then the Big Hoose will be needed.

Tender should include fixtures in Dingwall due to the extensive redevelopment underway.

BTW 20/20 vision is not something the rabid bears are known for...

Link to comment
Share on other sites

Not really. Celtic Park and Hampden could be used in Glasgow.

Ten stadiums needed. We have 4 - Parkhead, Ibrox, Hampden and Murrayfield.

Wales will have 3, 2 in Cardiff and 1 in Swansea

Ireland have 2 in Dublin.

That means 1 short so either Cork, Llanelli or somewhere in Scotland need a capacity boost, if the Big Hoose shuts then a second stadium will require an increase.

Link to comment
Share on other sites

Liquidation is better for HMRC by far. They can send out the message to all clubs in the UK, and companies generally. They can also get their own appointment in to handle the liquidation, which will allow them to unearth all the detail, which they know will be incriminating. Can see the polis with the drug raid kit on battering down doors in Charlotte Square in Edinburgh chasing the paper trails ohmy.gif

Do this correctly and they and existing creditors will be able to go after ex Rangers directors personally to recover monies still owed.

does doing this correctly involve electing people to westminster to scrap limited liability and allow restropective claims?

i don't understand this argument at all. craig whyte and the catering company are apparently secured creditors, whatever money comes from liquidation goes to them first. that fact hasn't been mentioned for a while but it could be up to £25 million.

if the end result of this is that hmrc force the liquidation of rangers but don't recieve a penny and a rangers newco are in the spl next season who retain ownership of ibrox and murray park the message that will be sent is that hmrc are mugs and there is no tangible penalty to evading tax.

hmrc have acted very strangely on this issue. why didn't they take rangers to court over the unpaid paye? why has the tribunal still not reported despite it starting 8 months ago? i actually think they have known for a while that they are going to recieve f**k all here and are worried about bad PR.

the best outcome for those who want the best deal for the taxpayer and for rangers to be long term crippled would be a cva that entails a long repayment plan of a large amount of money. the term liquidation conjures up a lot of OMG!!! and heavy LOL! responses online but they could feasibly do a leeds this summer without missing a step. £100 million versus history. it's not a hard decision if it's your £100m.

Link to comment
Share on other sites

Ten stadiums needed. We have 4 - Parkhead, Ibrox, Hampden and Murrayfield.

Wales will have 3, 2 in Cardiff and 1 in Swansea

Ireland have 2 in Dublin.

That means 1 short so either Cork, Llanelli or somewhere in Scotland need a capacity boost, if the Big Hoose shuts then a second stadium will require an increase.

I didn't think UEFA were doing joint bids...

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
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...