Big Rangers Administration/Liquidation Thread - All chat here!

[Broccoli Dog]

WE GOT THEM BY THE BALLS

[Iain]

Sad thing is that's the exact message that Doncaster and Regan are sending out.

[MEADOWXI]

Listen - on this thread we have discussed philosophy, literature, Greek mythology and the psychology of the Andy Gorams. If your going to introduce early 20th century political intrigue it will come under scrutiny.

The appendix to this thread covering its references and analogues would be bigger than half the other threads on here.

I am stunned that a bunch of 14year old internet rabblerousers who only ever leave their lofts to visit the bathroom and steal food from their parents fridges have such a wealth of knowledge.

Image what could be discussed, discovered and revealed if we were intelligent adults with the backing of major news organisations as resources. We could be as well informed as a Traynor, Jackson and even as intellectual as a Burley.

[Sam Leitch Loyal]

What about Makepeace?

Bugger. I'm hungry now.

[Broccoli Dog]

Why do these c***s like Longmuir, Doncaster, and Regan still have jobs?

[speckled tangerine]

Iain King`s piece this morning shows the tabloid hacks are circling the wagons. They know their game could be up and twenty years of devoted rimming minty and the others will be over. No more foreign junkets, after dinner speaking and easy, comfortable living regurtitating Ibrox titbits and rumour. It`s really cringeworthy stuff seeing them scream until the end.....just like the wee Hitler youth boys getting a pat on the head from the fuhrer outside the bunker in 1945! With forums like this, spencey & thommo on twitter, RTC etc who needs to shell out cash for day late nonsense `opinion` and rumour? I fully expect more rabid outlandish ramblings culminating with a rehash Friday morning of the 1992 Kinnock bashing classic: `will the last person in Scottish football please switch off the lights`.

[Claymores]

I've been treated to a new term from my Sevco Supporting Client today...

SSC: Scottish Football will die if Rangers go to the third.

Me: No it won't.

SSC: You're pure Stuart Cosgrove'd oot yer nut.

I hope you told your client that it was infinitely more likely that Cevco FC would go Third Lanark on his ass once accepted to 3rd! By inference from the H&D interim report that was published today, their fixed costs (not playing staff) are horrendous.

[rustyarabnuts]

Not sure the lower league fans really want a regional set up Guiness my pal. I`d say the supporters love a long day out of an away trip! But good point raised about the Irish- particularly League of Ireland. Scottish `rejects` such as Craig Sives & Gary Twigg flourishing at Shamrock rovers who, despite having small crowds and next to no TV deal did better than any Scottish side in Europe. They`ve had big sides like Cork City go bust and reform and they still do better than us. Guys like Sean Dillon come from that league and are standouts. If that league can perform better than we can on a fraction of the cash floating about here then, forgive me, shove this `armageddon` bollocks up yer arse!! They do have a summer league though....but that`s an another argument.....

and why are they flourishing?

could it be they don't fork out stupid prices for overrated foreigners? and they utilise their own youth systems,

the leagues in scotland can be a success but only if we stop paying silly money and look for cheap, up and coming talent

[Florentine_Pogen]

Why do these c***s like Longmuir, Doncaster, and Regan still have jobs?

Your post got me thinking........I'm thinking Ceaucescu, Saddam, Gaddafi and Mussolini.

[Granny Danger]

The appendix to this thread covering its references and analogues would be bigger than half the other threads on here.

I am stunned that a bunch of 14year old internet rabblerousers who only ever leave their lofts to visit the bathroom and steal food from their parents fridges have such a wealth of knowledge.

Image what could be discussed, discovered and revealed if we were intelligent adults with the backing of major news organisations as resources. We could be as well informed as a Traynor, Jackson and even as intellectual as a Burley.

Lofty ambitions my friend, lofty ambitions.

[ray_of_licht]

£1.5m for "heritable properties"?

http://m.stv.tv/sport/football/clubs/rangers/110361-charles-green-paid-275m-for-rangers-player-contracts-and-registrations/

[Ranaldo Bairn]

FROM TODAY'S DAILY RANGER

Rangers in crisis: SFL chief to reveal details of reform plans ahead of vote on newco

Jul 11 2012 Exclusive by Gordon Parks

Stopped reading here, tbh.

[Stingraypoindexter]

Here you are;

THE possible consequences for the Scottish Premier League's broadcasting arrangement should a Rangers newco be made to start life in the Irn-Bru Third Division were last week made public by Stenhousemuir.

It made for dire reading.

According to Stewart Regan, chief executive of the Scottish Football Assocation, and Neil Doncaster, his SPL counterpart, the existing deal, worth circa £15m per season, would disappear to be replaced with one worth just £3m. The fall off is staggering.

While Rangers are a key player as far as the television companies are concerned, they are not the be all and end all of Scottish football. In the 2010/11 season the average viewing figure on Sky was 247,000 per game. Even if all broadcast matches including Rangers are discounted, there would still have been on average a viewership of 180,000 per game. Rangers contributed 27% of the viewing figures, so why should a subsequent TV agreeement without them decrease by 500%?

It doesn't take a genius to work out that this is a terrible deal. The SPL is the 11th most-attended league in Europe, ahead of Switzerland, Austria and Norway, all of whom can command higher television revenue. Even without Rangers, the SPL would still have had higher attendances than the three aforementioned leagues. The Greek league, which has attendances half of our own, has a television deal worth three times as much, while the Norwegians pull in similar numbers.

Are attendances the key indicator here? Can they translate into viewing figures when the Barclays Premier League is on our doorstep and on our screens? Let's look at some leagues in a similar situation, namely the Austrian, Swiss and Norwegian leagues.

The former has a deal with Sky Austria worth £13.5m a season, an arrangement similar to our own. However, while the SPL goes out to 645,000 subscribers in Scotland alone, the Austrian league is broadcast to just 240,000 local subscribers, three times fewer. Like Scotland, Austria is in the shadow of its neighbour and Sky also has the rights to all games in Germany's Bundesliga.

Over the border in Switzerland, they have just signed a deal worth £20m, with a further £4m coming from domestic channels. Swisscom, the cable company with the rights, has 608,000 subscribers and is the biggest cable operator in Switzerland, giving it similar reach to that of the SPL yet generating 33% more revenue.

In Norway, they have an even better deal, with a contract signed with TV2 Norway worth a reported £44m a year revenue despite viewing figures which are lower than Sky's figures for the SPL. According to a report from TNS-Gallup, the most viewed domestic Norwegian match in 2011 was Lillestrom versus Brann, which attracted 196,000 viewers. As a comparison, a fixture between St Mirren and Hibernian attracted 392,000 viewers on February 20 last year, while the SPL's average viewership on Sky is just shy of 250,000 per match. Even if we discounted all matches with Rangers, the viewership would still be around 180,000 per match.

So, Scotland gets less money than the Norweigans, the Swiss and the same as the Austrians, but on all counts boasts higher viewerships and match attendances. So why is the deal so poor in comparison? There is a suggestion that it is to do with the popularity of the English league, but Norway attracts Premier League viewerships five times those generated by their domestic matches; a similar ratio to Scotland, given that the average English game attracts 1m viewers.

Likewise, Austrian and Swiss football is overshadowed by the Bundesliga, which attracts more viewers than domestic matches – yet they still have deals either similar to or better than the SPL.

Another issue is the perceived lack of competition for SPL rights. Since the collapse of Setanta, Sky have had a monopoly and have, therefore, dictated the figures. Indeed, a Nordiccom report into the current Norwegian deal highlighted the situtation in the UK, saying "if former rivals decide to join forces instead of continuing to compete, this may have dramatic consequences for the competition, and hence also for prices. The fewer broadcasters that originally were present, the closer a reduction can move the market towards a monopsony [one single buyer]. This, in turn, will transfer market power from the sellers to the buyers".

So the above lack of competition maybe explains the current deal being less than those of other European countries, but still cannot explain Doncaster's £3m figure. To put that prediction into perspective again, it would rank Scottish football on par with Hungary, who sell their rights domestically for £2.8m. That league gets 2900 fans per game on average.

Is that all Sky are really offering for a league which would generate viewing figures of 180,000 a game more than Norway, even without Rangers? The Barclays Premier League generates average figures of around 1m for Sky, yet receives £1bn a year in revenue. Even with their monopoly, £3m is a derisory figure. But, assuming the figures are accurate, what alternatives do we have?

There is ESPN, but they appear to be building their interests in alliance with Sky. There is BT vision, who just invested £750m to show 38 Barclays Premier League games a season. With their model, which allows users to watch via mobile devices and the internet as well as conventional TV, this may be the way forward. There is also the long-mooted SPL TV option, modelled on the successful Eredivisie TV platform in the Netherlands.

At £6 per month, or £50 for the season, the platform allows you to watch all the Eredivisie matches live, wherever you are in the world. Just to put this in perspective, if a similar deal was set up in Scotland, 37,500 subscribers would be required worldwide to match Doncaster's figure of £3m. If the numbers without Rangers remained at 180,000 a match, just short of £15m would be generated for the Scottish game, which looks surprisingly similar to what Sky are currently paying.

Is the current deal underpriced? Possibly, but with the lack of competition and the unwillingness of the SPL to take a step into the unknown, it is at least understandable. Could the proposed £3m figure by Doncaster be undervalued? Absolutely, and for that comment alone there should be a vote of no confidence heading in his direction.

Steven Burns runs the A Saint In Asia blog. You can read him at saintinasia.wordpress.com

That is a fantastic article - admitedly most of the points look as if they've been lifted from this forum but thats OK. At least someone is paying attention

[Gaz FFC]

Does FINANCIAL CARROT not read the same as BRIBE?

Yes.

What really annoys me is the SPL will just be offering a lot of the "financial carrots" that the SFL asked for years ago and several times since.

When the SFL had very little to bargain with they were told to bolt, now they have a prisoner and the SPL are throwing anything at the SFL to buy it back.

It's great how all the SPL clubs are about to get screwed over and over here.

1st they will lose sevco revenue this season.

Then they will lose whatever money the SPL negotiate away to the SFL.

They will also have an increased threat of relegation, and to complete the set, once they get sevco back they may find an away ticket boycott.

All that just to buy back 1 of the most evil and corrupt elements of the Scottish game, but hey they are worth a bob so let's exploit them.

Edited July 11, 2012 by Gaz FFC

[Broccoli Dog]

£1.5m for "heritable properties"?

http://m.stv.tv/sport/football/clubs/rangers/110361-charles-green-paid-275m-for-rangers-player-contracts-and-registrations/

http://www.scottishlaw.org.uk/lawscotland/abscotslawland.html

Heritable property (also heritage)

Heritable property ("real" or "immovable") as opposed to moveable property includes only naturally immovable items such as land minerals, or any object attached to the land such as buildings. Trees, crops and other plants are only regarded as heritable when they are still growing in the soil; once they are cut down they become moveable property. Rights connected with heritable property such as servitudes or debts secured over land are also heritable.

[adundeemonkey]

Apologies if already been posted. It's Duff and Phelps' interim report to creditors.

http://www.rangers.co.uk/staticFiles/a2/b6/0,,5~177826,00.pdf

My favourite parts are, how much Duff and Phelps have charged (at 6 minute intervals mind), how much Duff and Phelps owe our old pals Media House for "media consultancy" and the trading loss of £4million quid since they went into administration.

Just reading it through just now but one bit included in the 'Patting yourself on the back' section is this corker (10.8, p36),

"The history and spirit of the Club have been preserved by the sale which completed on 14 June 2012 and it is now the responsibility of the new owners to secure its future."

[Fife Saint]

That is a fantastic article - admitedly most of the points look as if they've been lifted from this forum but thats OK. At least someone is paying attention

I think it was written in conjunction with one of the Saints fans on here, Stephensan. He has a blog too, worth a read. I think it's called Saintinasia.

[Claymores]

£1.5m for "heritable properties"?

http://m.stv.tv/spor...-registrations/

If the claim is that of the £5.5m purchase, that Green paid only 'paid £1.5m for "heritable properties", understood to be Ibrox Stadium, Murray Park and the Albion Road car park', then surely that is a horrendous undervalue which BDO have to investigate and , potentially, seize back those assets for Creditors.

[Florentine_Pogen]

FROM TODAY'S DAILY RANGER

Rangers in crisis: SFL chief to reveal details of reform plans ahead of vote on newco

Jul 11 2012 Exclusive by Gordon Parks

SFL chief executive David Longmuir will tonight deliver the historic proposals for change to all league clubs ahead of Friday’s vote on newco Rangers.Record Sport understands all SFL clubs will receive details of the radical plans to revolutionise Scottish football.

This will allow them to digest the finer points before gathering in two days at Hampden.

Reconstruction of the game as well as financial carrots will all be on the agenda as the SFL board attempts to convince clubs to vote Rangers into the First Division.

Clubs are warming to the idea of merging the leagues into one governing body but Berwick last night confirmed they will vote no to the newco going into the First Division.

Longmuir, meanwhile, confirmed he hoped to give clubs a look at what’s on offer on Friday by “Wednesday night”.

Does FINANCIAL CARROT not read the same as BRIBE?

Longmuir being coerced by Regan and Doncaster to try one last throw of the dice. In fact, we even got their little tryst on film..........

[Happy Buddie]

Yes.

What really annoys me is the SPL will just be offering a lot of the "financial carrots" that the SFL asked for years ago and several times since.

When the SFL had very little to bargain with they were told to bolt, now they have a prisoner and the SPL are throwing anything at the SFL to buy it back.

It's great how all the SPL clubs are about to get screwed over and over here.

1st they will lose sevco revenue this season.

Then they will lose whatever money the SPL negotiate away to the SFL.

They will also have an increased threat of relegation, and to complete the set, once they get sevco back they may find an away ticket boycott.

All that just to buy back 1 of the most evil and corrupt elements of the Scottish game, but hey they are worth a bob so let's exploit them.

What you describe is more a ransom than a bribe. I have a vision of a Central American kidnap gang saying "Send us $50m or we send heem to jo een beets" In this case we say "Here's a mill, give us an ear and we'll take the rest in instalments". A slow, lingering, enjoyable death ensues.