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Big Rangers Administration/Liquidation Thread - All chat here!


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:lol::lol::lol::lol: :lol:

Apart from a legal agreement signed in order to obtain a licence from the SFA

On top of that at some point I assume Chuckie will want to reapply for a UEFA licence ... not likely to happen while they owe monies accrueing interest.

Why do you keep posting Green's fairy tales Tedi?

I'm sure that, at the time, the agreement was to pay off domestic debts, as there was a big point made that all of those debts were supposedly paid off, at the time anyway, though I could be wrong. Regardless, it's still the right thing to do that the debts are paid off to the clubs, regardless of whether or not the club had to or not.

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:lol::lol::lol::lol: :lol:

Apart from a legal agreement signed in order to obtain a licence from the SFA

On top of that at some point I assume Chuckie will want to reapply for a UEFA licence ... not likely to happen while they owe monies accrueing interest.

Why do you keep posting Green's fairy tales Tedi?

Most of the Tedi Bears idolise the assets that Chucky Green and his fellow hustlers own DB. Didn't you know? smile.gif

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Regardless, it's still the right thing to do that the debts are paid off to the clubs, regardless of whether or not the club had to or not.

You are saying that its the club who has responsibility for the finances?

Deary me, its hilarious seeing Sevco fans continually shooting themselves in the foot over the company / club issue! :lol:

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I'm sure that, at the time, the agreement was to pay off domestic debts, as there was a big point made that all of those debts were supposedly paid off, at the time anyway, though I could be wrong. Regardless, it's still the right thing to do that the debts are paid off to the clubs, regardless of whether or not the club had to or not.

Actually it was to pay off ALL football related debts ! ie monies owed to clubs for players Rangers bought when they did not have the money to buy them in the first place and any fines that Rangers the club had been indebted with admin and liquidation.

Which probably could see the new club hit with a points deduction if the SPL commission goes against them or worse ! add in that Charlie has been a complete fud and may receive the maximum penalty available if he keeps destroying the Scottish footballing reputation.

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Actually it was to pay off ALL football related debts ! ie monies owed to clubs for players Rangers bought when they did not have the money to buy them in the first place and any fines that Rangers the club had been indebted with admin and liquidation.

Which probably could see the new club hit with a points deduction if the SPL commission goes against them or worse ! add in that Charlie has been a complete fud and may receive the maximum penalty available if he keeps destroying the Scottish footballing reputation.

I look forward to Sevco repaying all the SPL prize money when the LNS verdict goes against them.

And that will just be the start - next will will be repaying Champions League money, Scottish Cup prize money, League Cup prize money... :D

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However, Green has decided that the honourable thing to do was to come to arrangements with all of the clubs who were owed money and he has done that with liquidators BDO.

Wtf has he to do with BDO ? :blink: ................ 'Mon Tedi, answer up.

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I look forward to Sevco repaying all the SPL prize money when the LNS verdict goes against them.

And that will just be the start - next will will be repaying Champions League money, Scottish Cup prize money, League Cup prize money... :D

If I'm right in thinking that the footballing related debts were to be paid when the EBT & BTC saga was at it's peak against Rangers and the SFA and SPL were panicking that the clubs owed money through transfers were threatening legal action against the associations as to being accountable for a member breaching association rules effectively cheating and bankrupting itself as well as bringing the Scottish game into disrepute.

Rangers will ? well the newco Rangers will avoid any monies accrued by cheating because the old club is dead as a dodo :).

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Wtf has he to do with BDO ? :blink: ................ 'Mon Tedi, answer up.

Tedi meltdown 2 on it's way :lol:

Hey Tedi stay off the Rangers forums and the blue glue FFS because it's affecting your stupidity to new levels when you post pish :lol:

Also Tedi how did Rangers get a company to run it's affairs ? I can't find any record that a company had approached Rangers and offered to run the clubs affairs ! what I did find out is that some of the founder members turned the club into a company or Rangers would be some wee pishy Sunday pub team.Notice how I phrased that ! Rangers turned into a company and not that Rangers got a separate company to run the clubs affairs.

I eagerly await Tedi's master stroke response :) should be another Tedi classic followed by an epic meltdown :lol:

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Have a Lord Glennie epic meltdown.

This is a petition for judicial review by The Rangers Football club plc, a company presently in administration, That COMPANY presently OPERATES Rangers Football CLUB (to whom i shall refer to as "rangers"). Rangers ARE members of the Scottish Football Association ("the SFA")

Read that paragraph again.

Go on once more,

And again.

Has it sunk in yet ?

First part............The Rangers Football club

Second part.........Rangers

:lol:

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If the "club" didn't have anything to do with it's financial affairs but was just run by a "company",

did the "club" buy and pay the players or the "company" buy and pay the players?

Surely if the "Club" didn't own the players they were all subject to 'third-party' ownership?

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Have a Lord Glennie epic meltdown.

This is a petition for judicial review by The Rangers Football club plc, a company presently in administration, That COMPANY presently OPERATES Rangers Football CLUB (to whom i shall refer to as "rangers"). Rangers ARE members of the Scottish Football Association ("the SFA")

Read that paragraph again.

Go on once more,

And again.

Has it sunk in yet ?

Aye it's sunk in ! your a fucking idiot of the highest calibre Tedi.Did you read first what you posted ? it could have saved you from getting another roasting.

Tedi tell me how Rangers got this company ? go on answer that Tedi ! tell me how Rangers acquired a company to operate it's affairs ? tell me how a club gets a separate company to run it's affairs TEDI ? show me a copy of the written contract between the club and the company stating that the company will run the clubs affairs and in the event of insolvency the club can pursue a new company to run it's affairs.

And when you answer that will you tell me how a club can run without a company ?

Oh let me see the club turns into a company so it can compete in competitive games and the club is liable for all debts accrued by the club.

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:lol::lol::lol::lol: :lol:

Apart from a legal agreement signed in order to obtain a licence from the SFA

On top of that at some point I assume Chuckie will want to reapply for a UEFA licence ... not likely to happen while they owe monies accrueing interest.

Why do you keep posting Green's fairy tales Tedi?

It's not the posting that's funny - it's Tedi then trying to defend them as if they were Tablets of Stone, even though Charlie Boy can express three different views in two sentences.

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RANGERS chief executive Charles Green has warned six players who left Ibrox last summer that they could be forced out of action for their new clubs by his bid to secure compensation for their departures.

Green has been encouraged by the outcome of a preliminary meeting at Hampden on Monday that has allowed Rangers to continue their breach of contract claims against the players through SFA arbitration.

Allan McGregor, Steven 
Naismith, Steven Whittaker, Kyle Lafferty, Jamie Ness and Sone Aluko are all being pursued for leaving Rangers in the wake of the club’s failure to come out of administration and Green’s purchase of its business and assets.

The players declined to have their contracts moved to Green’s new company under TUPE legislation. Goalkeeper McGregor joined Turkish club Besiktas, while his fellow Scotland internationals Naismith and Whittaker moved to the English Premier League with Everton and Norwich City respectively.

Over to you, Tedi....

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lol who is in complete meltdown tonight?

pleasing :D

Actually you didn't answer my question did you !.

How does a club acquire a separate company to run it's affairs ? remember your a keen advocate of the club and the company are separate.

Can a club depart from the company if the club decides the company is not to the clubs best interests ?

If the company is separate from the club then how could Green purchase the business side of Rangers when it's the company that is responsible for the business of Rangers ?.

Why isn't the business side of Rangers still with the company the PLC in admin as the business side has feck all to do with the club ?

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Over to you, Tedi....

Also this WRK from WIKI for Tedi to try and debunk :)

Incorporation to limited company and then to a PLC

Rangers Football Club became a limited company on 27 May 1899[76] when it was incorporated as The Rangers Football Club Ltd. It continued in this form until, in 2000, David Murray decided to list the company on the stock exchange, making it a public limited company. The name of the company was therefore changed to The Rangers Football Club PLC.[13

Notice how it states the club itself became and was incorporated into a limited company meaning the club transformed into a company.It doesn't state that a company approached Rangers the club and asked to run the clubs affairs like Tedi seems to think has happened.

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