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Big Rangers Administration/Liquidation Thread - All chat here!


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Can this day get any better?<br /> <br />LNS confirms continuation<br /> <br />(3) Rangers FC was liable to sanctions as provided by the Rules in the event of a breach while it was owned and operated by Oldco; and<br /><br /><br />(4) There were sanctions which could be imposed in terms of the Rules which were capable of affecting Rangers FC as a continuing entity now owned and operated by Newco.<br />

<br /><br /><br /><br />You need someone to tell you that you are the same club, just to have a good day?<br /><br /><br />What a shit life, I'm glad my club didn't die.
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Still getting confused by a club and a company, don't let your SEETHE tell you otherwise though. :lol::lol::lol::lol::lol:

The next time my team fills out some paperwork wronlgy or break someones legs i'll be sure to keep in mind that it wasn't my club but rather the company :lol: :lol: :lol: :lol:

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You would think after just beating the league leaders and going into 2nd place, all you're chat would be about passports, sumbreros and how you're going to embarrass Scottish football again next season. But no...it's all about the Rangers. :lol:

Lets be honest mate, your whole clubs/company/whatever scenario has been the most embarrassing sideshow ever to happen to Scottish football.

Also smashing up cities is not really our thing so once again hard to embarrass the country much more than yourselves.

Enjoy the title party. :lol:

Edited by MikeyWellFan
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Stop kidding yourselves this verdict is anything less than a surrender to thuggery.

"[Mr McKenzie, SPL lawyer] accepted no provision of the rules enabled the board of the SPL retrospectively to terminate the registration of the player.

"All parties concerned - clubs, players and footballing authorities - should be able to proceed on the faith of an official register. This means that a player's registration should generally be treated as standing unless and until revoked.

"In the kind of situation we are dealing with, we are satisfied that the registration of the specified players with the SPL was valid from the outset, and accordingly they were eligible to play in official matches. There was therefore no breach of SPL rule D1.11."

:lol:

Fat Rod 'accepted' there were no relevant rules. He had to - because they weren't there.

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Lets be honest mate, your whole clubs/company/whatever scenario has been the most embarrassing sideshow ever to happen to Scottish football.

Also smashing up cities is not really our thing so once again hard to embarrass the country much more than yourselves.

Enjoy the title party. :lol:

How many administrations is it you've had the last decade again? Enjoy Europe next year.

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The Scottish Premier League says Rangers have "a prima facie case to answer 18th July

Really?

:lol:

Was it not Fat Rod who done the 'low-level paper gathering' who advised them - the same Fat Rod who had to accept Rangers did not break any registration rules because the simply don't exist in the way so many assumed and hoped for?

:lol:

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So though were unable to fine the new club because they are seperate from the old club? Thanks for clearing that up. Also STV says that charless greens newco who purchased THE ASSETS won't need to pay anything. There deid :lol: :lol: :lol: :lol:

Is that fine not a fine in a footballing context? And therefore goes into the debt column in the liquidated (deid) club's accounts which have yet to be wound up? So, logically, it is a footballing debt to the SPL. And Chuckie was held to be liable for all footballing debts so he could get a licence so Sevco could take up a vacant space in the SFL 3rd division? So he should be getting his cheque book out to the tune (nae flutes, please) of £250k!! Or did I miss something?

If he doesn't pay, then, as you so rightly infer, it confirms, despite what Tedi, Bendarroch, etc, all say, that there is a chasm of separation between Oldco and Newco, and all he bought were the assets, just like any other business that goes to the wall and their goods and chattels are purchased at a knockdown price, it's an entirely new entity which can't be held responsible for any activities in the history of the old company, like winning business awards, Queen's Award for Export Achievement, Investors In People, for example, nor for its dodgy business practices. But that didnae happen at Ibrox, right?

Edited by Happy Buddie
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