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Rangers FC lodge papers to go into administration

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Comments

  • Closed Accounts Posts: 189 ✭✭fionnsda


    Jelle1880 wrote: »
    Piss off with your Establishment crap.

    We all know why the SPL wants Rangers to remain where they are, so they can take the income generated but at the same time cripple us for seasons to come.
    McCoist never said it would be the best to stay in the SPL, those are Doncaster's words.

    right, you mean by paying your debts, accepting your punishments!

    how dare they!


  • Registered Users Posts: 9,839 ✭✭✭Jelle1880


    fionnsda wrote: »
    right, you mean by paying your debts, accepting your punishments!

    how dare they!

    You mean the same punishments they drastically changed over the course of a few days ?


  • Closed Accounts Posts: 189 ✭✭fionnsda


    Jelle1880 wrote: »
    You mean the same punishments they drastically changed over the course of a few days ?

    sorry, not following you!


  • Registered Users Posts: 9,839 ✭✭✭Jelle1880


    fionnsda wrote: »
    sorry, not following you!

    The SFA added new punishments a while back, completely changing the gameplan.

    On another note, pretty much every newspaper, twitter and online blog claims that Bill Miller's bid will be announced preferred bid.

    Not sure what to think of this, it will be nice to finally put the uncertainty behind us but Miller's plans for the club don't fill me with confidence.


  • Registered Users, Registered Users 2 Posts: 7,213 ✭✭✭bobbysands81


    Jelle1880 wrote: »
    fionnsda wrote: »
    sorry, not following you!

    The SFA added new punishments a while back, completely changing the gameplan.

    Any chance you could stop talking in riddles and start talking about specifics?


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  • Closed Accounts Posts: 189 ✭✭fionnsda


    Well it seems going by blogs today, that if rangers become a newco and apply to SFL starting at div 3, they will be free from penalties and all other baggage from rangers oldco.

    Take over rangers position in the spl as a newco and inherit fines and penalties from oldco, will as you say cripple them for years!

    its the devil or the deep blue sea but it seems that div 3 has to be the best option for rangers newco!


  • Registered Users Posts: 5,406 ✭✭✭Pompey Magnus


    Jelle1880 wrote: »
    Not sure what to think of this, it will be nice to finally put the uncertainty behind us but Miller's plans for the club don't fill me with confidence.

    Was his bid not dependent on guarantees from the SPL for no further punishment which he has not recieved, even if he is announced as preferred bidder it is far from certain that he would actually follow through with this so the uncertainty is far from over.

    It is also claimed that D&P claim a CVA is not deliverable, without a CVA isn't his incubator plan ruined?


  • Registered Users, Registered Users 2 Posts: 20,553 ✭✭✭✭Dempsey


    Remember, Miller's bid is based on the SPL/SFA waiving any further punishments on the club. the SPL will not agree to this.

    This is true, the SPL are investigating Rangers over dual contracts. A transfer embargo is the least of Rangers worries.


  • Registered Users Posts: 9,839 ✭✭✭Jelle1880


    Any chance you could stop talking in riddles and start talking about specifics?

    The new punishments that will be voted about, it's been discussed here pretty extensively.
    And yes, I know they're not actually implemented yet, but call me a sceptic when I think it'll be a unanimous vote in favour.


  • Registered Users Posts: 278 ✭✭shankespony


    SFA a bit late to be changing the goalposts on punishments when a team is in that situation. What were the punishments before these new proposals? they should stick with them for rangers. after they have been dealt with then change the rules further. (looks like im sticking up for rangers, must be going soft!!!)


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  • Registered Users Posts: 5,406 ✭✭✭Pompey Magnus


    Jelle1880 wrote: »
    Any chance you could stop talking in riddles and start talking about specifics?

    The new punishments that will be voted about, it's been discussed here pretty extensively.
    And yes, I know they're not actually implemented yet, but call me a sceptic when I think it'll be a unanimous vote in favour.

    If it will be unanimous then Rangers would have to vote in favour of it too ;)


  • Registered Users Posts: 5,320 ✭✭✭RoryMac


    I didn't realise the Rangers fans boycott against organisations connected to the SFA included their own club! :)


  • Registered Users, Registered Users 2 Posts: 20,553 ✭✭✭✭Dempsey


    If it will be unanimous then Rangers would have to vote in favour of it too ;)

    Rangers fans are protesting against rules that Rangers voted for aswell :pac:


  • Registered Users Posts: 5,406 ✭✭✭Pompey Magnus


    Looks like Miller is about to be announced as preferred bidder...now the ball will be over with the SPL authorities to see if they accede to his demands.


  • Registered Users, Registered Users 2 Posts: 5,307 ✭✭✭cruiserweight


    Miller bid is now unconditional according to Alex Thomson on twitter


  • Registered Users Posts: 9,839 ✭✭✭Jelle1880


    I can't see how they can do this, no way will Ticketus and the creditors/HMRC accept that.

    Let alone Whyte, he wants his money.


  • Registered Users, Registered Users 2 Posts: 20,553 ✭✭✭✭Dempsey


    Alex Thomson
    D&P Rangers Administrators didn't mention Taxman. Didn't mention Ticketus. Didn't mention Craig Whyte. And they ask RFC fans to buy this?

    Anyone have a link to the press conference?


  • Registered Users Posts: 5,406 ✭✭✭Pompey Magnus


    Jelle1880 wrote: »
    I can't see how they can do this, no way will Ticketus and the creditors/HMRC accept that.

    Let alone Whyte, he wants his money.

    If HMRC have been using Rangers as a test case for bigger fish in Engand then they certainly won't let Miller away with this quite so easily, if he does succeed then he will be just setting an example for every club to follow on how to cheat the tax payer and get away scot-free. Millers plan for Rangers could end up costing Her Majesty's Treasury hundreds of millions if there were English teams even deeper into the scams that Rangers had been who could follow his precendent.


  • Registered Users Posts: 9,839 ✭✭✭Jelle1880


    If HMRC have been using Rangers as a test case for bigger fish in Engand then they certainly won't let Miller away with this quite so easily, if he does succeed then he will be just setting an example for every club to follow on how to cheat the tax payer and get away scot-free. Millers plan for Rangers could end up costing Her Majesty's Treasury hundreds of millions if there were English teams even deeper into the scams that Rangers had been who could follow his precendent.

    Unless HMRC cut a deal, but I highly doubt it.

    Ticketus could be different, they've already dropped hints that if need be they will chase Whyte for their money.


  • Registered Users, Registered Users 2 Posts: 20,553 ✭✭✭✭Dempsey


    Chris McLaughlin - BBC Sport
    "SPL source tells me that Bill Miller has been given no assurances about possible sanctions for a newco #Rangers"
    Key points from PC interview: can't guarrantee no liquidation, Whyte won't get penny and looks like deal done to play in #SPL next season.

    Looks like Rangers will be serving their punishments.


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  • Registered Users Posts: 1,521 ✭✭✭bobmalooka


    am i missing something?

    If this works out without punishment does that mean every scottish club can wipe their debts every summer by using 'incubator' companies?

    Surely the SFA/UEFA wont allow this precedent to be set.


  • Registered Users Posts: 5,406 ✭✭✭Pompey Magnus


    bobmalooka wrote: »
    am i missing something?

    If this works out without punishment does that mean every scottish club can wipe their debts every summer by using 'incubator' companies?

    Surely the SFA/UEFA wont allow this precedent to be set.

    A cynical person might suggest the likelihood that this loop hole will be closed after Rangers have used it.


  • Registered Users Posts: 1,521 ✭✭✭bobmalooka


    A cynical person might suggest the likelihood that this loop hole will be closed after Rangers have used it.

    in that case we should splash £100 million on new players at the start of the summer move all to celtics 'incubator' and probably actually pay about £10 million for them in the end.


  • Registered Users Posts: 5,406 ✭✭✭Pompey Magnus


    http://www.channel4.com/news/miller-named-as-rangers-preferred-bidder

    Alex Thompson giving Paul Clark a bit of a grilling, I have to say some of his questions were a little unfair on Clark, it wasn't his fault that Rangers cheated and may get away scot-free, that will be down to the Scottish football authorities.

    I would have loved him to ask Clark how the creditors would not have made more money from the liquidation of the club and sale of assets though. Surely just selling Naismith, McGregor and Davis alone would have brought the creditors a bigger return than the measly £11 million Miller is providing? Add onto that every other asset and a decent sized kitty could have been provided to recompense some of the victims of Rangers many years of financial crookery.


  • Registered Users, Registered Users 2 Posts: 20,553 ✭✭✭✭Dempsey


    No chance Rangers would get more than £11m for those 3 given that clubs would hardball them and succeed.

    EDIT

    Alex Thomson on twatter
    HMRC (taxman) on Rangers - we have had no involvement at all in this takeover to date
    HMRC on poss Rangers takeover "We will consider our position when any package is put to us."

    I think HMRC will hold your 'history', i.e. Rangers plc, to ransom. Will Miller pay what HMRC want to get Rangers plc back into the newco? This will all spectacularly blow up in the SFA/SPL's faces as a newco goes straight into the SPL. Heads will roll over this yet, hopefully it will be Doncaster and Regan, two gobshítes regardless.


  • Registered Users Posts: 5,406 ✭✭✭Pompey Magnus


    Dempsey wrote: »
    No chance Rangers would get more than £11m for those 3 given that clubs would hardball them and succeed.

    They can only hardball if there is no competition for the players, McGregor definitely would have a good few decent English teams looking at him and Naismith was Rangers' best player this season until he got injured...Davis probably wouldn't be worth much alright, but still the point is that throwing in the rest of the squad, the stadium and every other asset the club owns would have to provide alot more than £11m, even if everything went cheap.


  • Registered Users, Registered Users 2 Posts: 17,279 ✭✭✭✭A Dub in Glasgo


    Well well well, this does look like Miller has found a way out that shafts the creditors

    It is amazing there are so many loopholes for companies to renege on their commitments and then just reappear

    As for the football authorities in Scotland, well they are a joke if they do not impose sanctions.

    Make no mistake, this is shafting the taxpayer (& Whyte!)


  • Registered Users, Registered Users 2 Posts: 20,553 ✭✭✭✭Dempsey


    They can only hardball if there is no competition for the players, McGregor definitely would have a good few decent English teams looking at him and Naismith was Rangers' best player this season until he got injured...Davis probably wouldn't be worth much alright, but still the point is that throwing in the rest of the squad, the stadium and every other asset the club owns would have to provide alot more than £11m, even if everything went cheap.

    Their contracts become null and void (at the players wish) if Rangers transfer all their assets into a newco leaving the toxic debt with rangers plc. If they dont, those 3 have already negotiated release clauses into their contracts when they took pay cuts for the rest of the season.


  • Registered Users Posts: 9,839 ✭✭✭Jelle1880


    A cynical person might suggest the likelihood that this loop hole will be closed after Rangers have used it.

    Yes, because they've been so helpful up til now :pac:

    I really don't believe anyone will just let this slip though.


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  • Registered Users, Registered Users 2 Posts: 17,279 ✭✭✭✭A Dub in Glasgo




  • Registered Users Posts: 9,839 ✭✭✭Jelle1880


    Ridiculous title or what.

    edit: And so is that interview.

    Thomson still talking out of his arse it seems.
    I wonder if they found the person threatening him yet.


  • Moderators, Technology & Internet Moderators, Regional North East Moderators Posts: 10,869 Mod ✭✭✭✭PauloMN


    I don't think anyone will know what the story is until the dust settles on this. Totally contradictory reports about HMRC - this morning's Record say that HMRC are "supportive" of Miller's bid, yet the video above says HMRC know nothing of it.

    One thing is for sure, and this is nothing to do with Rangers... if a club - any club - can basically just move assets around from one company to another and avoid a HUGE tax debt (aside from other creditor debts) while staying in the league they were in and playing as normal, that would be an absolute and utter disgrace.


  • Registered Users, Registered Users 2 Posts: 1,623 ✭✭✭lubo_moravcik


    Should we start a poll to see who will and won't support a Newco? I know so far BBE said he thinks he will, and Jelle said he thinks he won't. Why can't other Rangers fans answer this???


    Is Bill Miller the new and improved Craig Whyte????


  • Registered Users Posts: 9,839 ✭✭✭Jelle1880


    Is Bill Miller the new and improved Craig Whyte????

    No, he's actually been pretty successful in business-related matters ;)

    And I'm not sure anymore regarding the newco.
    If Miller's plan succeeds, and the club keeps all it's history, titles, trophies, Ibrox,... then it's still the same club and I'll never stop supporting it.

    I think the idea of a Rangers FC 2012 (A completely new club) playing at Ibrox can be put to rest, if Miller gets this arranged.

    I was told by someone that his plan basically is the same as what happened at Leeds.


  • Registered Users, Registered Users 2 Posts: 9,014 ✭✭✭Eirebear


    Lets get this straight - wether or not the business side of the club is folded, the club playing at Ibrox will still be Rangers.

    For some reason Lubo seems to think we're talking about some sort of MK Dons or Airdrie Utd situation, when in fact the reality is far closer to that of Portsmouth or leeds.
    Do you really think thousands of Leeds or Pompey fans gave up on their club because the company controlling them was a different name? Don't be silly.


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  • Registered Users, Registered Users 2 Posts: 1,623 ✭✭✭lubo_moravcik


    Eirebear wrote: »
    Lets get this straight - wether or not the business side of the club is folded, the club playing at Ibrox will still be Rangers.

    For some reason Lubo seems to think we're talking about some sort of MK Dons or Airdrie Utd situation, when in fact the reality is far closer to that of Portsmouth or leeds.
    Do you really think thousands of Leeds or Pompey fans gave up on their club because the company controlling them was a different name? Don't be silly.

    Why when someone asks a question are they deemed as being silly or some other condescending name? I'm only wondering what rangers fans would do IF it came to it. The chances of it happening were there and everyone knows that. Jelle had his doubts if he'd still follow follow, he obv had doubts and concerns that you never had.


  • Registered Users, Registered Users 2 Posts: 9,014 ✭✭✭Eirebear


    Why when someone asks a question are they deemed as being silly or some other condescending name? I'm only wondering what rangers fans would do IF it came to it. The chances of it happening were there and everyone knows that. Jelle had his doubts if he'd still follow follow, he obv had doubts and concerns that you never had.

    I actually wasnt calling you silly. It's a simple turn of phrase.


  • Registered Users Posts: 1,501 ✭✭✭Madam


    He thought he'd seen it all, thought there wasn't anything he hadn't experienced at Rangers, the club he first joined in 1964. Nearly half-a-century in football hadn't prepared him for Craig Whyte.

    Jardine has been a quiet operator for so many years at Rangers that he hardly recognises the descriptions he's heard about himself recently. He doesn't see himself as the figurehead for the entire Ibrox support, nor a bully trying to throw his weight around, yet he has been portrayed as both. The club programmes and website tend to refer to him only as "club legend Sandy Jardine" yet after years of low-profile commercial work he has been a more visible – and significant – figure around Rangers recently than at any time since last playing for them in 1982.

    If Rangers are a decapitated club, short of an owner, chairmen, directors and leaders, then Jardine has emerged to speak up for them. It is Jardine, and manager Ally McCoist, who have given the club a voice.

    He led the 7000-or-so supporters who marched on Hampden to protest against the fine and year-long transfer embargo imposed by the Scottish Football Association. To some who do not support Rangers the tone was unnecessarily confrontational towards other clubs, who saw Jardine tell the crowd there could be "sanctions" against anyone deemed to be complicit in punishing Rangers. In short, a boycott of away games by the Rangers support. In a quiet Murray Park at 11am yesterday – just as the staff were told to gather at Ibrox to be told Bill Miller had been given preferred bidder status – Jardine was reflective and his tone was more conciliatory, but not by much.

    His position remained unchanged: Rangers deserve punishment, yes, to serve as a deterrent to others. But the club's staff were victims every bit as much as those creditors who are owed sums which will never be paid. "Nobody knew what was going on. The players did nothing wrong, the staff did nothing wrong, the players did nothing wrong. Craig Whyte basically came in and raped this club."

    The word is startling, but that's where Jardine's disbelief kicks in. How could Whyte behave as he did? "The effect it had on Rangers has been huge, but also the effect it has had on Scottish football. He hurt the whole game, not just Rangers. In many ways we feel like a victim. I know a lot of people say people have been bullies and have tried to intimidate, but the reason we've done what we've done is that it wasn't us. We didn't know what Craig Whyte was doing. He used the supporters' money to buy the club, the staff money to run it, and he didn't pay any of the bills.

    "Craig Whyte is not going to suffer. It's us lot who are still here who will have to pick that up. We as a club have never owed money, except to the bank. We've always paid our debts."

    Many other clubs' fans think it's too neat to pin all the blame on Whyte while Rangers try to wriggle away without truly significant punishment. There is a fervour among many to see them heavily penalised, and for natural justice to be done without fear nor favour. If Rangers were guilty of wrongdoing on an epic scale, then shouldn't the consequences match the convictions? Jardine's response is one that has been articulated previously by McCoist: by bringing down Rangers, and their enormous economic muscle, Scottish football would riddle its own feet with bulletholes.

    "You can only say sorry so many times. I think everyone within the club realises there has to be punishment but it has to be measured. Rangers and Celtic dominate Scottish football. They go and beat teams quite comfortably, they win cups and trophies every year, they can be victorious, you can see how some supporters are taking the chance to stick it to us. But there is a reality in Scottish football. You might say it's not a level playing field, but unfortunately that's what we've got. We are special. Dundee United brought a couple of hundred fans here on Wednesday night. When we go to Tannadice we can take 6000 and fill their hospitality.

    "There are four or five teams in Scotland who could go under [without Rangers]. Whatever the penalties are, we will survive as a club because of our vast fanbase. Other clubs will go out of existence. Other clubs have to think seriously. We are a different case. I'm making a statement here, that we are special. That's recognised in the broadcasters' and sponsors' clauses. They don't have a clause for what happens to their deal if, say, Hearts drop out of the league. But they do have a clause for Rangers dropping out. So they recognise we are special. There has to be a punishment, but what hurts us hurts Scottish football as well."

    In Jardine's head, Rangers stand for decency, standards and respectability. They stand for paying taxes and squaring your debts, not the mortifying shame of going bust with a queue of creditors at the gates. What of that history, though? If Miller's "newco" plan is successful would Jardine, 63, feel he was still with the same club he graced as an outstanding full-back in the 1960s and '70s?

    "Other fans will say our history is gone but they can say what they like. All those league-winning flags in the trophy room, we're not going to be taking them down. All those trophies in there, we won't be putting them away.

    "If Bill Miller takes over I would say to him, and I'll say it to his face: 'you are the custodian of the club. I don't know how long you'll be here but however long it is you are not just the owner, you're the custodian and hopefully you'll look after the club and hand it on'. I hope he will be open, transparent and honest. If there's bad news, just say so."

    As one of those in charge of the Rangers Fans Fighting Fund, Jardine has the mandate to formulate responses to decisions taken on Rangers by the SFA, SPL or individual clubs. He would endorse a boycott if supporters wanted one, but would rather avoid that. "I hope they never have to boycott away games. Supporters are angry, they're embarrassed that their club has been dragged through the gutter. They feel that no-one is defending them. I have never seen our supporters so angry. The hard bit has been holding them back."The experiences we've been through over the last eight or nine months . . . we would never want any other club to go through what we've been through. If ever a Scottish club or any club gets in bother the first thing we would want to do is help them, because this has been a traumatic experience

    http://www.heraldscotland.com/sport/football/standard-bearer.17495074

    Silly Billy:rolleyes: - Holding them back from who?


  • Registered Users, Registered Users 2 Posts: 20,553 ✭✭✭✭Dempsey


    We as a club have never owed money, except to the bank. We've always paid our debts.

    He'll be eating that bullshít soon enough.


  • Registered Users, Registered Users 2 Posts: 1,623 ✭✭✭lubo_moravcik


    Mr Miller is interested in soccerball :) I smell something funnier than Craigy Whyte is coming down the road
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  • Registered Users, Registered Users 2 Posts: 1,623 ✭✭✭lubo_moravcik


    Eirebear wrote: »
    Lets get this straight - wether or not the business side of the club is folded, the club playing at Ibrox will still be Rangers.

    For some reason Lubo seems to think we're talking about some sort of MK Dons or Airdrie Utd situation, when in fact the reality is far closer to that of Portsmouth or leeds.
    Do you really think thousands of Leeds or Pompey fans gave up on their club because the company controlling them was a different name? Don't be silly.

    Wasn't it David Murray who eventually saw the downfall and death of Airdrieonians??? For how much again?????


  • Registered Users, Registered Users 2 Posts: 9,014 ✭✭✭Eirebear


    Wasn't it David Murray who eventually saw the downfall and death of Airdrieonians??? For how much again?????

    Yes, it was Murray and Murray alone who saw the downfall of Airdrieonians. In fact he was even one of the Bailiffs who went in and closed them down.
    I'm sure they owed other people money too.


  • Registered Users, Registered Users 2 Posts: 17,279 ✭✭✭✭A Dub in Glasgo


    Airdrie's problems worsened when it was revealed that Rangers had arrested the club's share of the gate receipts for Sunday's Scottish Cup tie at Dundee United.

    Ibrox chairman David Murray applied for an interdict, on behalf of his company Carnegie, for a debt of around £30,000 owed by Airdrie.

    Mr Murray said: "I feel very sorry for Airdrie and their supporters but we're running a business. We have given them repeated warnings and felt they were playing on our good nature."

    http://news.bbc.co.uk/1/hi/scotland/628268.stm


  • Registered Users, Registered Users 2 Posts: 1,623 ✭✭✭lubo_moravcik


    Eirebear wrote: »
    Yes, it was Murray and Murray alone who saw the downfall of Airdrieonians. In fact he was even one of the Bailiffs who went in and closed them down.
    I'm sure they owed other people money too.
    Oh I never knew that, cheers.
    It just came back to me when you mentioned Airdrie.
    http://news.bbc.co.uk/2/hi/uk_news/scotland/628268.stm
    Airdrie's problems worsened when it was revealed that Rangers had arrested the club's share of the gate receipts for Sunday's Scottish Cup tie at Dundee United.

    Airdrie's finances have been tackled by David Murray

    Ibrox chairman David Murray applied for an interdict, on behalf of his company Carnegie, for a debt of around £30,000 owed by Airdrie.

    Mr Murray said: "I feel very sorry for Airdrie and their supporters but we're running a business. We have given them repeated warnings and felt they were playing on our good nature."


  • Registered Users, Registered Users 2 Posts: 9,014 ✭✭✭Eirebear


    So Ranger challenged for the gate receipts in the same way as DUFC and Dunfermline challenged us.
    Evil bastards that we are!


  • Registered Users, Registered Users 2 Posts: 1,623 ✭✭✭lubo_moravcik


    EB, is there any reason why Bill Miller hasn't been over to Scotland to meet with Administrators/Super Ally/The staff etc? If he's putting going to be taking control in the next week or so(?) would there be any reason why he's not been over to see where he's putting his millions?


  • Registered Users, Registered Users 2 Posts: 9,014 ✭✭✭Eirebear


    EB, is there any reason why Bill Miller hasn't been over to Scotland to meet with Administrators/Super Ally/The staff etc? If he's putting going to be taking control in the next week or so(?) would there be any reason why he's not been over to see where he's putting his millions?

    TBH Mate - I;ve not been following it closely enough over the last week or two to give you any real answers. Uni work has got in the way, as it depresses me almost as much as rangers!


  • Registered Users Posts: 5,406 ✭✭✭Pompey Magnus


    EB, is there any reason why Bill Miller hasn't been over to Scotland to meet with Administrators/Super Ally/The staff etc? If he's putting going to be taking control in the next week or so(?) would there be any reason why he's not been over to see where he's putting his millions?

    Alex Thompson claimed yesterday that Miller doesn't even own a passport.


  • Registered Users Posts: 1,521 ✭✭✭bobmalooka


    Alex Thompson claimed yesterday that Miller doesn't even own a passport.

    Craig Whyte has about half a dozen of them, maybe he can lend him one ;)


  • Registered Users Posts: 9,839 ✭✭✭Jelle1880


    The majority of Americans don't have a passport, it's nothing weird.


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