Big Rangers Administration/Liquidation Thread - All chat here!

[AberdeenBud]

Charlotte's latest;

http://www.scribd.com/doc/142959769/Sevco-Finance

[killingfloorman]

Have they formed AFC Rangers of Govan yet? And if not, why not? It's the only way out. Then they can go back to playing on those ash parks that the weegies love

[AberdeenBud]

http://wingsoverscotland.com/the-armageddon-files/

[Bookies Love Me]

Have they formed AFC Rangers of Govan yet? And if not, why not? It's the only way out. Then they can go back to playing on those ash parks that the weegies love

Ah, gravel rash.

Them were the days

[mps02]

An a mitre moldmaster, for those delightful Scottish summers.

Now that takes me back. I seem to recall getting a plastic 'Captain 5' being used in my school. By god did that hurt when it was hammered against your legs!

Back than Scotland qualified for world cups and Rangers (as was) and Celtic had a 'dignified' rivalry.

Thats why I support Ayr!

[Fotbawmad]

I heard D&P have been completely exonerated and cleared of any wrong doing since it wasn't proven at the time

[SpungoMcGoo]

Armageddon Files Part 2:

http://wingsoverscotland.com/the-armageddon-files-2/

Basically, 40 out of 42 Scottish football clubs gained financially from Rangers' liquidation. And the two that didn't aren't the two you probably think.

[craigkillie]

Armageddon Files Part 2:

http://wingsoverscotland.com/the-armageddon-files-2/

Basically, 40 out of 42 Scottish football clubs gained financially from Rangers' liquidation. And the two that didn't aren't the two you probably think.

The SPL's prize money was changed for this season. The extra money for 2nd place was essentially spread around the other clubs. Not sure if it will affect the positive/negative though.

EDIT: What's your source for the CL being worth nearly £2m to Motherwell? The UEFA website has it as €140,000.

Edited May 23, 2013 by craigkillie

[SpungoMcGoo]

The SPL's prize money was changed for this season. The extra money for 2nd place was essentially spread around the other clubs. Not sure if it will affect the positive/negative though.

EDIT: What's your source for the CL being worth nearly £2m to Motherwell? The UEFA website has it as €140,000.

That link says:

"each of the 20 clubs participating in the play-offs will collect a fixed amount of €2.1m."

"The play-offs" is what UEFA calls the qualifying rounds before the group stages. Your 140K figure refers to the "solidarity" payments, which are a separate thing.

As for the SPL, my figures are based on what STV lists as the CURRENT payments:

http://sport.stv.tv/football/clubs/aberdeen/226511-revealed-the-different-financial-models-which-will-decide-reconstruction/

I'm sure this season's payments will be made on that basis, with the new ones taking effect from next year (if agreed).

Edited May 23, 2013 by SpungoMcGoo

[craigkillie]

That link says:

"each of the 20 clubs participating in the play-offs will collect a fixed amount of €2.1m."

"The play-offs" is what UEFA calls the qualifying rounds before the group stages. Your 140K figure refers to the "solidarity" payments, which are a separate thing.

As for the SPL, my figures are based on what STV lists as the CURRENT payments:

http://sport.stv.tv/football/clubs/aberdeen/226511-revealed-the-different-financial-models-which-will-decide-reconstruction/

I'm sure this season's payments will be made on that basis, with the new ones taking effect from next year (if agreed).

No. "The Play-off Round" is specifically the qualifying round prior to the group stage, equivalent to a 4th Qualifying Round. The fact that it mentions that only 20 teams are involved is the clue to that.

The bit at the bottom says "each side eliminated in the third qualifying round of the UEFA Champions League will get €140,000". That's the round which Motherwell were eliminated at.

The SPL clubs voted through a prize money rule specifically relating to this season. Money was taken away from the 2nd placed club and redistributed between those from 4th-12th. It was discussed at length on here.

[SpungoMcGoo]

So why are STV calling it only one of two possible "proposals"?

[hellbhoy]

Jesus H Christ....

Shown up as a fud again Benny because you have again avoided answering my question because you already know I'm right .

[hellbhoy]

Now that takes me back. I seem to recall getting a plastic 'Captain 5' being used in my school. By god did that hurt when it was hammered against your legs!

Back than Scotland qualified for world cups and Rangers (as was) and Celtic had a 'dignified' rivalry.

Thats why I support Ayr!

Brings back memories of a leather bladder worn down so that when it gets wet and waterlogged it really hurt when you got one in the face .

[hellbhoy]

I heard D&P have been completely exonerated and cleared of any wrong doing since it wasn't proven at the time

The BDO might have something else to say if they find dirt .

[bennett]

Shown up as a fud again Benny because you have again avoided answering my question because you already know I'm right .

TBH i can't recall what you posted and can't be arsed searching for it, so i'll assume it was your usual brand of made up shlte.

[hellbhoy]

TBH i can't recall what you posted and can't be arsed searching for it, so i'll assume it was your usual brand of made up shlte.

You are a complete waste of time so piss off .

[barrysnotter]

"Anti-embarrassment" measures. :lol:

How vain. How ironic.

[wunfellaff]

Tales of Greek hitme n and oodles of lucre in the latest from charlotte ....

On 29 Oct 2012, at 08:16, earley aidan <aidanearley@blueyonder.co.u k >

Dear Imran

Without prejudice

Craig was understandably upset to see the piece in the Daily Record (of all places)and the article on the Rangers website. This is in addition to the consistently negative comments from Charles about Craig and also threats to Craig's life from Charles using,apparently, people that Charles knows in Greece (Craig has heard this from two independent sources).

Dealing with the last point first, ordinarily one could consider such threats to be merelyposturing until one considers the relatively restricted number of options available toCharles at the moment

none of which, other than a fair settlement, are attractive. Allof a sudden "getting rid of the problem" becomes more appealing

however insanesuch a course of action would be.

Whatever the substance of the threats they hardly make Craig more receptive toreaching a settlement.

Moving on to the articles in the Daily Record and on the website, presumably somegenius concluded that by acting in this way any action Craig might take would beneutralised (in contrast to the solemn undertaking by Charles to make it his businessto do his utmost to help Craig be welcome back at Rangers by using every opportunityto say something positive). In fact, ignoring entirely the background as they do, thecomments have only made Craig more likely to act and the hole that has been dugcorrespondingly larger.I am keen to avoid this going to court

it will be a catastrophe of an intensity that youor Charles or both clearly do not appear to understand at all.

The action will involve a claim for 53% of Sevco and Rangers, the arrestment of allSevco and Rangers assets, pending the trial, the necessity at trial to rely upon thevoice recordings evidence (which incidentally I had no idea had been recorded)including "you are Sevco" quotes from Charles, the claim that the attempt to moveassets/the benefit of the sale and purchase agreement to Sevco Scotland wasfraudulent - to name only some of the actions being prepared. Craig's argument willbe that Sevco retained you as a broker (and Zeus) to raise cash with Charles frontingthe deal and that, yes, you raised the money and would be entitled to broker commission on that but then tried to steal the deal. It will be Craig's intention to sueZeus as well. And you can be sure that once the genie is out it will have a life of its

own that none of us can predict and it will not be possible to put it back in. Anyonewho thinks they can predict a scenario where it will go according to their plan is a fool.

The only person who will potentially come out looking better however will be Craig.Not least because his reputation has been so badly hit to date

it cannot get anyworse and the litigation will demonstrate method in what currently appears madness.It is also important that you are disabused of the idea that by playing for time the floatcan be achieved and then a settlement reached or avoided altogether

Craig is notthat stupid.

You would really have to be living with the kind of lack of self-awareness that yousuggested Craig had, to think that the float could go ahead and the Scottishestablishment and media would do anything other than go completely and irreversiblyincandescent. The allegations of having been misleading levelled at Craig would paleby comparison - and any false reassurance you may have given each other aboutmanaging the fallout would swiftly be brushed aside in the fury.

I am therefore very keen to avoid this (I just want a calm life!). I believe that I canpersuade Craig not to push the button

and, indeed, have stopped an immediatehostile response to the Daily Record and Rangers website articles (not to mention theother negative comments from Charles about Craig). Distasteful as you may think it,this can all be avoided by a simple intake of breath and signing a settlement that isreasonable in the circumstances (not forgetting also that the Mike Ashley J/V wasintroduced effectively via Craig).

However the settlement needs to look as follows:

1)

The

immediate

return of the £167,500

2)

£500,000 in cash

3)

25% of the shares that you and Charles are due

4)

The hospitality benefits agreed in the office and signed by you

although these can be granted to a company to spare you anyembarrassment in the light of the unhelpful recent comments in the press

5)

A proper attempt by Charles over time to say positive things aboutCraig

perhaps a look at the recent articles onhttp://www.thecoplandroad.org/2012/10/craig-whyte-speaks-to-fans.htmlmay help him.

6)

An appropriate and tactful correction to be issued within seven daysof the float or within 90 days (whichever is earlier) in relation to theDaily Record, Ally McCoist , Sandy Jardine and Lindsay Herroncomments7)

A twelve month option to acquire yours and Charles remaining 75%interest at a 50% premium to the float price and a right of first refusal to

match the price if you decide to sell after the twelve months haveexpiredCraig is willing to accept this if it is accepted within 72 hours and it is non-negotiable

there isnt time and if he wanted to negotiate he would have started at a higher figure.

We are more than happy for this agreement to be with a corporate entity should youwish

and the retention by Craig of a stake aligns his interests with yours

Now, you may say that your previous £1m cash plus benefits offer (signed by you andnot signed subject to Board approval) was subject to you being able to persuade others(but

according to you - you had already told them that any settlement needed tohave seven figures in it, and you were right!). However in reality, as you know, thedecision-makers are actually you and Charles in this respect and the Board was alsoeffectively controlled by you anyway. In addition, don't forget, I was supposed to begetting 25% of whatever you, Charles and Rafat got. I am willing to throw that into thepot in order to reach an overall settlement.

If, in fact, the Board only agreed to the £500,000 that you more recently offered andyou cannot get them - or do not want to tell them - to see sense then the shortfallshould clearly be made up by a simple transfer of shares or cash from you andCharles.

I would gently point out that rather than feel hard done by or give in to greed, youshould remember that the only reason that you and Charles have control of possiblythe pre-eminent Scottish institution was because "you were the chosen ones" as Duff and Phelps said. This proposed settlement is a small price to pay to continue to belauded as you are and to have the benefit of a multi-million pound payday. It is notrational to put that in jeopardy by begrudging Craig and I a reasonable share of that

particularly as Craig and, to a lesser extent, I (but still very painful) have borne the bulkof the

grief

in delivering a debt free Rangers that can go on and do great things.

In terms of timing, the £167,500 needs to be immediate so that Craig does not thinkhe is being strung along and the remaining aspects of the agreement need to besigned off within seven working days, with half the £500,000 payable on signing andthe balance on successful float or within 90 days whichever is earlier.You should remember that the value of the opportunity delivered to you is reflected bythe necessity that Charles sign the various documents. Had it not been an absolutelyessential part of allowing you both into the deal, Charles would clearly prefer not tohave done so. The payment of the above is the release from that reality and istherefore eminently fair and reasonable.I am letting you know this, in plain terms, as a friend and as a favour

but also because

I dont want to get sucked into an unimaginable maelstrom which will absolutely and

inevitably be the case if an amicable settlement is not reached. Time is short.

Regards

Aidan

[bennett]

Hitmen and and and and and ......

[weirdcal]

hahahaha thats a belter.. greek assassins.. expect samaras to wear a get carter tshirt with craigy whyte in the target sights