Jump to content

Big Rangers Administration/Liquidation Thread - All chat here!


Recommended Posts

12 minutes ago, wastecoatwilly said:

Yesterday, the SFA issued a Notice of Complaint against Newco, which the club states relates to “the monitoring period subsequent to the grant of the UEFA licence.”  Adding, “This new Notice of Complaint neglects to properly capture the provisions of prior agreements made between the Club and the SFA.”

The “prior agreements made between the Club and the SFA” likely refer to the Five Way Agreement, between Rangers, Sevco, the SFA, the SPL and the SFL.  This agreement attempted to isolate the new entity from certain activities of Oldco Rangers last majority owner, Craig Whyte – known as the “CW Exempt Acts”.

The Five Way Agreement, however, does not protect Newco from what is referred to as “CW Enduring Acts”.  Specifically, “The SFA, Sevco and RFC hereby agree that on Completion Sevco shall, other than with respect to the CW Exempt Acts, become liable and responsible for the purpose of imposition of sanctions by the SFA for any and all acts and/or omissions of RFC and/or Rangers FC.”  The Five Way Agreement was not a blank cheque.

A CW Enduring Act, among other things, includes “corruption, fraud….. or any matter similar in its reprehensible nature…… which acts or omissions are of at least equal gravity to those found to have been committed by or engaged in by RFC”.
It is clear that the only issues Newco can be charged with during the period from 6 May 2011 until liquidation, are CW Enduring Acts – and they are “reprehensible [in]nature”.  If the charge stands there cannot be a token punishment.  I expect a multi-year European ban.

Peter has spoken...

Link to comment
Share on other sites

To be fair in the new club/same club debate the utter desperation of the signing policy and the disgusting off field tactics are completely concomitant with the original Rangers.

Some laugh for everyone else though.

IMG_2212.jpg

Link to comment
Share on other sites

For me the bigger picture is how did the SFA allow what happened to happen, and how do we ensure measures are in place now to guarantee those entrusted to ensure our game is run honestly do so. Anyone else worried about that not being the more important focus currently?

Link to comment
Share on other sites

54 minutes ago, LordHawHaw said:

For me the bigger picture is how did the SFA allow what happened to happen, and how do we ensure measures are in place now to guarantee those entrusted to ensure our game is run honestly do so. Anyone else worried about that not being the more important focus currently?

Just let sporting integrity FC run the game, would we notice any difference...

Link to comment
Share on other sites

1 hour ago, LordHawHaw said:

For me the bigger picture is how did the SFA allow what happened to happen, and how do we ensure measures are in place now to guarantee those entrusted to ensure our game is run honestly do so. Anyone else worried about that not being the more important focus currently?

You raise an excellent point and, for sure, the SFA needs to be called to account.

The SFA started charges against Rangers's UEFA licence but, after months, dropped said charges,  They found that we had no case to answer.  The SFA have now initiated a new set of charges, this time based on, 'The Reporting Period'. having already dropped a bollock.

So is The SFA:  1. Mendacious or 2. Incompetent.

I can't see how it can be anything but one or the other.

 

Edited by The_Kincardine
Link to comment
Share on other sites

5 hours ago, The_Kincardine said:

You raise an excellent point and, for sure, the SFA needs to be called to account.

The SFA started charges against Rangers's UEFA licence but, after months, dropped said charges,  They found that we had no case to answer.  The SFA have now initiated a new set of charges, this time based on, 'The Reporting Period'. having already dropped a bollock.

So is The SFA:  1. Mendacious or 2. Incompetent.

I can't see how it can be anything but one or the other.

 

Surely its both

Link to comment
Share on other sites

13 hours ago, LordHawHaw said:

For me the bigger picture is how did the SFA allow what happened to happen, and how do we ensure measures are in place now to guarantee those entrusted to ensure our game is run honestly do so. Anyone else worried about that not being the more important focus currently?

 

11 hours ago, The_Kincardine said:

You raise an excellent point and, for sure, the SFA needs to be called to account.

The SFA started charges against Rangers's UEFA licence but, after months, dropped said charges,  They found that we had no case to answer.  The SFA have now initiated a new set of charges, this time based on, 'The Reporting Period'. having already dropped a bollock.

So is The SFA:  1. Mendacious or 2. Incompetent.

I can't see how it can be anything but one or the other.

 

There is no doubt that both Rangers and the SFA are complicit here,equally both played their part to portioning blame,two wrongs doesn't make it right,the facts are very clear.
It can't be incompetence when they knew what they where doing to the letter,the fit for purpose and the fit and proper person test is broken.

The loss of revenue to clubs for that season would be a pretty penny.

Edited by wastecoatwilly
Link to comment
Share on other sites

19 hours ago, Tartantony said:
19 hours ago, bennett said:
Just let sporting integrity FC run the game, would we notice any difference...

You're a shambles. Poor wee Rangers, never done anything wrong.

Ok then, in your own words provide a detailed account ofwhat Rangers did wrong.

 

Link to comment
Share on other sites

30 minutes ago, bennett said:

Ok then, in your own words provide a detailed account ofwhat Rangers did wrong.

 

They didn’t pay their taxes or VAT, failed to properly register players and it seems as if they colluded with the SFA to misrepresent their liability for the small tax case with UEFA. Except for that they’re totally blameless.

Link to comment
Share on other sites

14 minutes ago, Falloutbhoy said:

They didn’t pay their taxes or VAT, failed to properly register players and it seems as if they colluded with the SFA to misrepresent their liability for the small tax case with UEFA. Except for that they’re totally blameless.

A  first rate detailed analysis of situation Sir, that clears it up for me.

 

Link to comment
Share on other sites

51 minutes ago, Tartantony said:
3 hours ago, bennett said:
Ok then, in your own words provide a detailed account ofwhat Rangers did wrong.
 

Really? You're asking me for a detailed account on the BRALT. You've lost it

You haven't a scooby but wanted to have a go at Sevco anyway, got it.

Link to comment
Share on other sites

7 hours ago, Dindeleux said:

Another £4 million added to the budget tonight with the sale of 3rd choice keeper Wes Fotheringham.

Assume the Bloo Pound rather than Pound Sterling,

What is the exchange rate ?

Maybe that's how they priced Moroles in January - £11M Bloo Pound, not Sterling.

Link to comment
Share on other sites

Does bennett close his eyes and put his fingers in his ears and tell himself that everything is fine, Brian Laudrup is still playing for Rangers and ten in a row is still on?

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
Unfortunately, your content contains terms that we do not allow. Please edit your content to remove the highlighted words below.
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...