elginite Posted June 12, 2012 Share Posted June 12, 2012 mind you other teams want to make the step in to 3rd division the likes of cove rangers and spartans have been trying for years so if newco get appointed to 3rd division they should consider the law abiding teams from lower leagues 0 Quote Link to comment Share on other sites More sharing options...
kildog Posted June 12, 2012 Share Posted June 12, 2012 Not me guv'nor, I was just responding to someone who DID do that! Emotional illogical attachment to their club, same as the rest of us. Weakness of character then. Fine. 0 Quote Link to comment Share on other sites More sharing options...
pollymac Posted June 12, 2012 Share Posted June 12, 2012 Reading between the lines, it looks like HMRC are happy for the club to continue, but fully intend to pursue Whyte/Murray and whoever else as much as they can. To be honest, thats a pretty fair minded attitude But this isnt the liquidation scenario, its the newco. Under that column, there is a value against the players registrations. Moreover the liquidation route does not prejudice the proposed sale of the club. This sale can take place either through a CVA or a liquidation.Liquidation will enable a sale of the football assets to be made to a new company, thereby ensuring that football will continue at Ibrox. ^^he seems to think otherwise 0 Quote Link to comment Share on other sites More sharing options...
young_bairn Posted June 12, 2012 Share Posted June 12, 2012 Out of the whole story bbc are pedaling the fresh start for Rangers line........ 0 Quote Link to comment Share on other sites More sharing options...
Magnethead Posted June 12, 2012 Share Posted June 12, 2012 I think the statement from HMRC regarding further investigation into the financial wrong doings of the club is telling. It surely gives us the indication of how the EBT appeal has gone i.e. not in Rangers favour. That will at the end of the day make the SPL decision on the matter a formality. The SFA have obviously got their decision to give regarding the disrepute charge as well. If the SPL Chairmen vote in a Newco everyone should just abandon football in this country, it would make a total farce of the rules. The HMRC rejected the CVA because of the cheating nature of the club, I hope the SPL have the balls to do the same. Bye, Bye Rangers, you vile institution. 0 Quote Link to comment Share on other sites More sharing options...
Homer Thompson Posted June 12, 2012 Share Posted June 12, 2012 Read it earlier on another site. Basically telling people that the club shall continue as a football club,only it will be virtually debt free. Only thing that will change is a different serial number at companies house for the company to trade but the club will continue. Happened to Middlesbro,Charlton,Leeds,we're no different. Other than the cheating, on a grand scale over a number of years and the blatant tax avoidance ... no, no youre not 0 Quote Link to comment Share on other sites More sharing options...
magee84 Posted June 12, 2012 Share Posted June 12, 2012 Save The Gers..... For each donation she reveals more on webcam..... 0 Quote Link to comment Share on other sites More sharing options...
Forest_Fifer Posted June 12, 2012 Share Posted June 12, 2012 634 User(s) are reading this topic 247 members, 374 guests, 13 anonymous users What's the record? 0 Quote Link to comment Share on other sites More sharing options...
beermonkey Posted June 12, 2012 Share Posted June 12, 2012 Just want to say. :lol: :bounce2 :bounce1 :bounce4 :bounce3 0 Quote Link to comment Share on other sites More sharing options...
Araminta Moonbeam QC Posted June 12, 2012 Share Posted June 12, 2012 Alex Tomo's Twitter feed worth a follow now, he's in overdrive.Tell me, what news of Leggo? How is he coping? 0 Quote Link to comment Share on other sites More sharing options...
hamish_ict Posted June 12, 2012 Share Posted June 12, 2012 can I just say... 0 Quote Link to comment Share on other sites More sharing options...
Granny Danger Posted June 12, 2012 Share Posted June 12, 2012 Where's the pre-season tour going to be now? 0 Quote Link to comment Share on other sites More sharing options...
Drooper Posted June 12, 2012 Share Posted June 12, 2012 alex thomson @alextomoRemember how #c4news reported how badly political interference in RFC went down with HMRC? alex thomson @alextomoWhat doe Alex Salmond and all the interfering MSPs have to say now after their actions pleading against liquidation only antagonised HMRC? Talking about antagonising.... All the arrogance and bluster from Green and D&P of late has only served to very much antagonise the other SPL clubs. If you'd have asked me three weeks ago what the vote would be in respect of permitting a newco direct entry to the SPL, I would have said that the lube had already been applied, but I believe that this is no longer the case. Clubs are preparing for life without the mighty Gers. There is a way to go on this one yet This truly is the gift that does not stop giving. 0 Quote Link to comment Share on other sites More sharing options...
7-2 Posted June 12, 2012 Share Posted June 12, 2012 What's the record? Rangers propaganda machine. 0 Quote Link to comment Share on other sites More sharing options...
magee84 Posted June 12, 2012 Share Posted June 12, 2012 Where's the pre-season tour going to be now? HELL 0 Quote Link to comment Share on other sites More sharing options...
Gaspode Posted June 12, 2012 Share Posted June 12, 2012 Does the school know you are using the computers son? A wee while = forever. Remember you've still got the EBT investigation, the Tribunal results and the BTC. As far as im aware they voted to carry any sanctions onto a newco, so your well and truly fcuked. That's the best bit, they might think ha! ha! because they are starting again as a Newco but the EBT and the tribunal will come back to haunt them. 0 Quote Link to comment Share on other sites More sharing options...
Homer Thompson Posted June 12, 2012 Share Posted June 12, 2012 ^^he seems to think otherwise No he doesnt Unless the CVA was approved the oldco was always going to be liquidated. Under the newco option, the assets are sold to the newco before the oldco is liquidated. The liquidation "pot" is then whatever the assets were sold for, in this case Greens £5.5m. Under liquidation there would be a sale of assets to the highest bidder, basically, the property and then the oldco would be liquidated, but there would be no newco. 0 Quote Link to comment Share on other sites More sharing options...
Broccoli Dog Posted June 12, 2012 Share Posted June 12, 2012 aww they changed it 0 Quote Link to comment Share on other sites More sharing options...
lithgierose Posted June 12, 2012 Share Posted June 12, 2012 Where's the pre-season tour going to be now? East Kilbride ? 0 Quote Link to comment Share on other sites More sharing options...
saintie1977 Posted June 12, 2012 Share Posted June 12, 2012 The assets must surely be sold to the highest bidder? As I and many have said before me, the administrators are in place to get the best deal for the creditors and (should) have no interest in the well being of the company (Rangers) as they no longer exist after CVA rejection has been certified. The club really are toiling now and I wouldn't be surprised if much worse news is to follow as Green plans only include loans and no hard cash. Give it a year and the whole thing could collapse. 0 Quote Link to comment Share on other sites More sharing options...
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