TheTaxMan Posted May 28, 2012 Share Posted May 28, 2012 http://news.stv.tv/scotland/103534-rangers-crisis-administrators-to-put-forward-proposed-cva-deal/ 0 Quote Link to comment Share on other sites More sharing options...
GoTeamGaz Posted May 28, 2012 Share Posted May 28, 2012 Could they not hold an EGM at short(er) notice? 14 days but I dunno if you can clear accounts at it? 0 Quote Link to comment Share on other sites More sharing options...
Swampy Posted May 28, 2012 Share Posted May 28, 2012 No real suggestion of that aside from an article in the Telegraph which has been contradicted somewhat by this latest SPL offering. Glad to hear it. 0 Quote Link to comment Share on other sites More sharing options...
ribzanelli Posted May 28, 2012 Share Posted May 28, 2012 He better not be, we need Masterton to prop your mob up so we can take 2 derby gates next season. The SFL needs a strong Dunfermline! 0 Quote Link to comment Share on other sites More sharing options...
SEETHING Posted May 28, 2012 Share Posted May 28, 2012 14 days but I dunno if you can clear accounts at it? I think that EGMs can conduct any business that would otherwise be done at an AGM; the difference is that you'd call an EGM when something comes up at short notice. Still, let's hope that they're fucked regardless, eh. 0 Quote Link to comment Share on other sites More sharing options...
smpar Posted May 28, 2012 Share Posted May 28, 2012 Just fucking liquidate them already, we all want it to happen. 0 Quote Link to comment Share on other sites More sharing options...
GoTeamGaz Posted May 28, 2012 Share Posted May 28, 2012 btw presumeably this CVA will say "we offer you between 1p-6p in the pound depending on the as yet undecided tax bill from HMRC"? 0 Quote Link to comment Share on other sites More sharing options...
shull Posted May 28, 2012 Share Posted May 28, 2012 JJB Brilliant news ! That makes a lot of fucking sense. Blue vermin on their knees and their thick fans propping up another company. Love it. 0 Quote Link to comment Share on other sites More sharing options...
statts1976uk Posted May 28, 2012 Share Posted May 28, 2012 Just seen a fuckwit walking in Paisley wearing his brand new Rangers top. Who actually receives the 40 pound plus purchase price for it ? Kirkcaldy was full of them over the weekend with either 72 Bears on the back or WATP 54, what a waste of their dole money! 0 Quote Link to comment Share on other sites More sharing options...
sjc Posted May 28, 2012 Share Posted May 28, 2012 http://news.stv.tv/s...posed-cva-deal/ That's the equivalent of me saying that I hope to be hanging out of the back of Megan Fox when I get home from work tonight. like D&P's CVA proposal its not going to happen (unfortunately in my case)! 0 Quote Link to comment Share on other sites More sharing options...
Homer Thompson Posted May 28, 2012 Share Posted May 28, 2012 It has all gone quiet today. Today was deffo to be "CVA Day", and I think the reason it hasn't, and it has been mentioned before now, is that The Mysterons plan was to get a big team on the cheap, (pheck the debt, that doesn't matter in a newco) and use as a cash cow to sell on players and reap (anagram of rape, funny, that) the harvest, probably at the transfer window in Jan 2013. But if newco has to cope with a transfer embargo, that business model has a slight flaw, which would require a Baldrickian cunning plan to turn round. By taking it to the Court of Session, it looks like it's balls-out or burst for D&P, (succeed and TE is lifted, but get kicked in the 'nads by UEFA/FIFA, fail and The Mysterons do walking away) cos no-one else is going to come in as a saviour. From what I could see, the Blue Knights weren't even putting in enough to cover D&P's fees, which is why they kept giving TBKs the rubber ear. D&P seem very naive in all of this, and that scares me in a company handling the sums they do, if they get the transfer embargo lifted surely the only sanction left is expulsion (as this situation has been described as "one step down from match-fixing), that might just give the SFA the push they need to say "OK, pheck em, we've done our best, let's just bite the bullet, Scottish Football will go to hell in a handcart for 5 years, but we will emerge stronger". Wait, where have we heard something like that before? I dont think there is any chance of that happening. The best Rangers can hope for is the CoS finds in their favour and refers the issue back to the SFA. Theres no way, the CoS will find in Rangers favour AND demand the SFA rescind the ban. Sorry to rewind this a bit but have the SFA actually shat it? What's the latest? They dont seem to have done much lately. Which is fine, if they act eventually. The latest revelation is more to do with the SPL making it clear that the lack of an SFA license is not a barrier to entry 0 Quote Link to comment Share on other sites More sharing options...
THE KING Posted May 28, 2012 Share Posted May 28, 2012 1 pence in the pound ...oh the dignity of the thieving tramps 0 Quote Link to comment Share on other sites More sharing options...
deerokus Posted May 28, 2012 Share Posted May 28, 2012 (edited) Everything McCann done in his time has proved to be in Celtics best interests . Pity he never got the credit of his fans . This rangers story has holywood blockbuster written all over it but it might be too far fetched for them . Maybe the FBI should be called up Indeed, one of the most important men in Celtic's history, and he did it without the bluster of someone like Murray. One of the problems at the time was that a huge swathe of our fans are/were rather gullible, with a tendency to swallow any old pish the Record/Mail would publish, much of it from the likes of Traynor lionising Murray's approach and deriding McCann. Sad, really. This whole thing really is like a season of the Wire. Rangers Tax Case blogger is obviously Lester Freamon. *As for the suggestion that the nuclear thing might be them colluding with BoS to have Celtic shut down, it would make me laugh (and yeah, wouldn't really matter to anyone else). One of the best things that happened to Celtic, forced change that was needed. Edited May 28, 2012 by deerokus 0 Quote Link to comment Share on other sites More sharing options...
sjc Posted May 28, 2012 Share Posted May 28, 2012 Indeed, one of the most important men in Celtic's history, and he did it without the bluster of someone like Murray. One of the problems at the time was that a huge swathe of our fans are/were rather gullible, with a tendency to swallow any old pish the Record/Mail would publish, much of it from the likes of Traynor lionising Murray's approach and deriding McCann. Sad, really. This whole thing really is like a season of the Wire. Rangers Tax Case blogger is obviously Lester Freamon. I thought he was Kaiser Soza ?! 0 Quote Link to comment Share on other sites More sharing options...
ray_of_licht Posted May 28, 2012 Share Posted May 28, 2012 (edited) I may have missed it being posted earlier but here's an interesting blog on CVA's from our pals at MLM Solutions taking into account the foregoing analysis, it is clear that the Company has never been able to meet HMRCs conditions for accepting a CVA in the recent frantic months and it would prudent for those involved to anticipate HMRC rejecting the proposal. Edited May 28, 2012 by ray_of_licht 0 Quote Link to comment Share on other sites More sharing options...
qpsnapper Posted May 28, 2012 Share Posted May 28, 2012 the previous years clubs accounts, in order to do that they need to call an AGM you need to have an AGM to approve the accounts you need to give 21 days notice to hold an AGM June the 15th is 19 days away Cheerio Rangers, Cheerio pals Would it perhaps be the audited accounts they need rather than the approved accounts? If it's just the audited accounts you could lodge (no pun intended) them at Companies House/SFA/SPL and notify the shareholders of the AGM date on the same day, although there would be a 21 day wait for them to be formally approved by the shareholders. 0 Quote Link to comment Share on other sites More sharing options...
Fife Saint Posted May 28, 2012 Share Posted May 28, 2012 Interesting about the 'virtual meeting'. Wonder what went on there and whether the creditors stance changed given recent revelations. 0 Quote Link to comment Share on other sites More sharing options...
craigkillie Posted May 28, 2012 Share Posted May 28, 2012 Interesting about the 'virtual meeting'. Wonder what went on there and whether the creditors stance changed given recent revelations. The fact they haven't made any of it public yet suggests that it may not have gone well for them. 0 Quote Link to comment Share on other sites More sharing options...
7-2 Posted May 28, 2012 Share Posted May 28, 2012 I may have missed it being posted earlier but here's an interesting blog on CVA's from our pals at MLM Solutions taking into account the foregoing analysis, it is clear that the Company has never been able to meet HMRCs conditions for accepting a CVA in the recent frantic months and it would prudent for those involved to anticipate HMRC rejecting the proposal. I keep reading on here that HMRC don't accept CVA's though. 0 Quote Link to comment Share on other sites More sharing options...
7-2 Posted May 28, 2012 Share Posted May 28, 2012 Interesting about the 'virtual meeting'. Wonder what went on there and whether the creditors stance changed given recent revelations. Missed this. Which virtual meeting? 0 Quote Link to comment Share on other sites More sharing options...
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