statts1976uk Posted November 8, 2015 Share Posted November 8, 2015 (edited) But with a break, ie not continuous Still the same legal entity unlike other teams. So what would it be for your team if King pays off the Oldco liabilities? Still the same club? Edited November 8, 2015 by statts1976uk 0 Quote Link to comment Share on other sites More sharing options...
statts1976uk Posted November 8, 2015 Share Posted November 8, 2015 Far be it from me to agree with Wunf on anything but Hearts fans claiming continuity while claiming Rangers are a new club is the height of hypocrisy. If you truly believe the party line that the club cannot be separated from the company and incorporation is final then your club was founded in 1905 as per companies house. As has been mentioned numerous times on here laws were different then and if you read it correctly once liabilities have been taken care of then the Oldco can be resurrected. Times and laws were different then as there was no administration procedures and this would probably be the closest thing. I only mentioned the differences to make a,now futile, attempt to keep the threat on track. The closest similarity would be King wanting to pay Oldco's debts to bring back "Traditional" Rangers. 0 Quote Link to comment Share on other sites More sharing options...
WhiteRoseKillie Posted November 8, 2015 Share Posted November 8, 2015 Far be it from me to agree with Wunf on anything but Hearts fans claiming continuity while claiming Rangers are a new club is the height of hypocrisy. If you truly believe the party line that the club cannot be separated from the company and incorporation is final then your club was founded in 1905 as per companies house. Never mind the Jambos, pelucía - tell us more about Leeds, eh? Somme pig your best work,I reckon. 0 Quote Link to comment Share on other sites More sharing options...
Njord Posted November 8, 2015 Share Posted November 8, 2015 As has been mentioned numerous times on here laws were different then and if you read it correctly once liabilities have been taken care of then the Oldco can be resurrected. Times and laws were different then as there was no administration procedures and this would probably be the closest thing. I only mentioned the differences to make a,now futile, attempt to keep the threat on track. The closest similarity would be King wanting to pay Oldco's debts to bring back "Traditional" Rangers. "Can be resurrected "..... The " club" was reformed, which we do give a shit about. A break means a lack of continuity for the club, hence the 1873 is bawz 0 Quote Link to comment Share on other sites More sharing options...
statts1976uk Posted November 8, 2015 Share Posted November 8, 2015 (edited) All that administration did was give time to companies to survive while they try to thrash out a deal with creditors, back in the original Hearts case you just didn't get that time, your assets which included the club were still sold to a new company, I am perfectly ok with this explanation by the way.Times were different as were the laws and continuation was granted by the Court of Session, I believe, in 1907. The comparisons between both situations are as different as the appear similar, administration laws then appeared to much more simple than the complicated mechanisms we have in place today. One interesting thing from those times was the incorporation of club and company but that's another discussion for another day and has been covered many times on here. Anyhoo off to prepare for work tomorrow, hopefully the thread will continue on about the subject matter! Edited November 8, 2015 by statts1976uk 0 Quote Link to comment Share on other sites More sharing options...
~~~ Posted November 8, 2015 Share Posted November 8, 2015 Times were different as were the laws and continuation was granted by the Court of Session, I believe, in 1907. The comparisons between both situations are as different as the appear similar, administration laws then appeared to much more simple than the complicated mechanisms we have in place today. One interesting thing from those times was the incorporation of club and company but that's another discussion for another day and has been covered many times on here. Anyhoo off to prepare for work tomorrow, hopefully the thread will continue on about the subject matter! Aye, But what about Leeds? 0 Quote Link to comment Share on other sites More sharing options...
Njord Posted November 8, 2015 Share Posted November 8, 2015 Why did the players jump ship then? Asshole, grasshopper. 0 Quote Link to comment Share on other sites More sharing options...
Monkey Tennis Posted November 8, 2015 Share Posted November 8, 2015 I'm pretty sure they mean the 'company'. Not the brightest bunch. That's actually a good point. Of course, in reality, they don't mean 'company'. They really do mean 'club'. When they say club, they mean the thing run by King, which has a significant financial dimension which enables it to put a team on the pitch. They are doing that perfectly natural thing of treating the terms 'club' and 'company' as entirely interchangeable, or indeed the more common thing of using the term 'club', to encapsulate the entire operation. It once more exposes that a belief in this divorce of club from company requires the most contorted doublethink. It must be exhausting for the poor buggers. 0 Quote Link to comment Share on other sites More sharing options...
Njord Posted November 8, 2015 Share Posted November 8, 2015 Poppy Scotland is what they had the collection tins out for wasn't it? They usually do. Yet their shirts...... won't see a penny going to that organisation.... 0 Quote Link to comment Share on other sites More sharing options...
bennett Posted November 8, 2015 Share Posted November 8, 2015 Rico, I've closed the tab now and I can't be arsed going back on that place, but any idea why the wreath he laid had only poppies with 3 leaves? Scottish ones are 4,no green leaf. Even the mutants had that correct on the fleg in the stand. They buying less, taking one leaf off each one and making up more? Cheaper I suppose..? This place never ceases to amaze me. 0 Quote Link to comment Share on other sites More sharing options...
Njord Posted November 8, 2015 Share Posted November 8, 2015 0 Quote Link to comment Share on other sites More sharing options...
mythstoliveby Posted November 8, 2015 Share Posted November 8, 2015 This place never ceases to amaze me. Amaze me, now. 0 Quote Link to comment Share on other sites More sharing options...
Njord Posted November 8, 2015 Share Posted November 8, 2015 This place never ceases to amaze me. Your players, never cease to amaze me 0 Quote Link to comment Share on other sites More sharing options...
bennett Posted November 8, 2015 Share Posted November 8, 2015 Has that tweet upset you? 0 Quote Link to comment Share on other sites More sharing options...
Njord Posted November 8, 2015 Share Posted November 8, 2015 Has that tweet upset you? Very much so. Poor alloa. They must feel terrible not getting the win, thereby letting down all those who gave some, or whatever. 0 Quote Link to comment Share on other sites More sharing options...
Monkey Tennis Posted November 8, 2015 Share Posted November 8, 2015 What better way to honour those who fell in Flanders fields, who succumbed on that terrible first morning at the Somme or who didn't return from Paschendale, than to knock four past Alloa? In a strange way, it kind of makes it all worthwhile. 0 Quote Link to comment Share on other sites More sharing options...
mythstoliveby Posted November 8, 2015 Share Posted November 8, 2015 Has that tweet upset you? Oh come on bennett! Even someone of your limited intellectual abilities must be able to see the folly of such a tweet!???!? 0 Quote Link to comment Share on other sites More sharing options...
bennett Posted November 8, 2015 Share Posted November 8, 2015 One day wunf will learn the difference between leaves and petals.... 0 Quote Link to comment Share on other sites More sharing options...
bennett Posted November 8, 2015 Share Posted November 8, 2015 Oh come on bennett! Even someone of your limited intellectual abilities must be able to see the folly of such a tweet!???!? Did the green n grey yins get up to their usual tricks today? Would explain why you lot are on the attack over absolutely nothing. 0 Quote Link to comment Share on other sites More sharing options...
mythstoliveby Posted November 8, 2015 Share Posted November 8, 2015 Did the green n grey yins get up to their usual tricks today? Would explain why you lot are on the attack over absolutely nothing. Disrgaceful from those celtic guys. But that aside, you just don't get what's wrong with Tavernier's tweet do you? I feel sorry for you. 0 Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.