Rangers FC lodge papers to go into administration

ColeTrain

Dempsey wrote: »

£900,000 apparently

Didn't think it was that high. Still not a big enough sum to justify keeping the high earners.

Beefy78

ColeTrain wrote: »

Didn't think it was that high. Still not a big enough sum to justify keeping the high earners.

I'm not saying that they should keep the high earners, but they can't get rid of everyone. They still need to be able to field a first team.

Keeping a loanee is a cheap way of helping towards that.

Dempsey

Looks like it will be wage cuts in exchange for minimum release clauses

EDIT

http://www.bbc.co.uk/sport/0/football/17221172

Rangers administrators ended a "very frustrating day" of talks by announcing that they had failed to agree on cuts with some members of the squad.

lubo_moravcik

Tommy in Glasgow speaks to Craig Whyte

http://www.youtube.com/watch?v=hwSy1MS7psw&feature=youtube_gdata
http://www.youtube.com/watch?v=1QDF9HKzC3w&feature=youtube_gdata

Craig Whyte Agrees £10 million Rangers investment with Tommy in Glasgow

Rangers owner Craig Whyte has attempted to seal a £10 million investment deal for the club with a amateur satirist Tommy in Glasgow.

Free speech campaigner ‘Tommy', a well known contributor to Talksport and the Clyde and BBC Radio phone ins, was offered an introduction to the administrators of Rangers FC by the Monaco based alleged ‘billionaire’.

Whyte (40), who once appeared on a ‘Scotland’s Hottest Hunks’ list published by the Daily Record, told ‘Tommy’; “If you want to invest in Rangers you are very welcome to get involved.”

Whyte also promised; “I can get the administrators to ask you to sign an NDA (Non-Disclosure Agreement) and to send you more information and you can make the decision on whether you want to get involved or not.”

And on the issue of HMRC, Whyte confidently sates; "There will be no tax liability at the end of this (process)".

The Motherwell born failed businessman, who was struck off as a UK Director for seven years before he invested a single pound coin in Rangers, also gave ‘Tommy” a stark warning; “If you want a quiet life don’t invest in football!”

Posing as a fictitious businessman ‘Stewart Henderson’, described as a Glasgow born ‘angel investor’ who banked a fortune from Silicon Valley investments, ‘Tommy’ decided to get involved after witnessing a series of e-mail exchanges between Whyte and a member of the Huddleboard Celtic Supporters internet forum.

Calling himself ‘John Patterson’ and describing himself as an ‘Influential Rangers blogger’, friendly chats by e-mail between Whyte and the Huddleboarder soon escalated into promises of connections between alleged investor ‘Stewart Henderson’ and Whyte, whose wealth was once described in a Daily Record newspaper article by Keith Jackson as being ‘off the radar’.

After just 15 e-mails between the the two fictitious characters, ‘Patterson’ and ‘Henderson’, a promise of a face to face meeting in London saw Whyte (using his libertycapital.biz e-mail address) providing his UK Mobile phone details to allow contacts to begin.

In an 18 minute call, recorded the day before Rangers’ administrators Duff & Phelps, applied for court action to seize Craig Whyte’s lawyers bank accounts, Whyte encouraged "Tommy" by saying the administrators were; “Doing what they had to do” by “Cutting the costs”, to ensure, “A viable business going forward.”

Whyte believed that Duff and Phelps, whose company name is an anagram of ‘Helpp Ffuds’, were doing what was; “absolutely necessary” so that, what ‘Tommy’ described as ‘The Big House’ (Ibrox Park) could stay open.

‘Tommy’ was reassured by Whyte that he “Wouldn’t be saying anything to anybody” about the proposed £10 million investment, but warned that the nature of a football club like Rangers would mean obvious public interest, much like Whyte’s recent court case, where a Glasgow judge described him as “wholly unreliable”.

When asked about his recent statement on eventual fans' ownership of Rangers, Whyte said it was only one option, but he appeared to question the Rangers fans commitment to the any ownership scheme, revealing “I don’t think it’s something that could be absolutely depended upon.”

These same fans have been recently repeatedly using a slogan; “We don’t do walking away”, repeated by Whyte in a recent statement.

So fond is Whyte of this phrase, first coined by the failed Rangers manager Ally McCoist, that he said he “Loved the idea" of charity t-shirts bearing this slogan and his own face being sold in his honour in Glasgow.

Several versions of proposed t-shirts were created and sent to Whyte by e-mail for approval.

'Tommy', who is already planning a new career as an author, enjoyed his chat with Whyte immensely.

lubo_moravcik

Is he the man who saved the rangers?

ColeTrain

Teh Huddleboard never disappoints

A Dub in Glasgo

This surpasses all other molligations from the HB

PauloMN

ColeTrain wrote: »

Teh Huddleboard never disappoints

The Record does though!

Let me get this straight: the Scottish media haven't been able to track Whyte down, nor talk to him, yet Tommy in Glasgow can have a 20 minute chat with him? :eek: FFS is all I can say, both from the media's and Craig Whyte's side!

The Record copy/pasted the whole lot from the Huddleboard as well, including all the "eeeerrrrhhhhh" and "aaayyyyeeeeee" bits I see.

Did you guys see the emails between CW, the "investor" and his pal? They're better than the phone call imo.

_blank_

How many players were let go/agreed to leave in total?

Jelle1880

Bwahaha, so now 'Tommy from Glasgow' is a joke from the Huddleboard ?

Is he ****, he's an idiot who clearly has mental issues.
He also tried to call Suck from FF for an 'interview' but got found out quick enough.

Also known as 'Tommy/Joe the Christian Muslim Taxi Driver'.

edit:
http://www.thescottishsun.co.uk/scotsol/homepage/news/4177427/Plush-pad-is-targeted-by-graffiti-yobs.html#ixzz1oPc5gCEs

Good to see the spelling police out in force
Celic1888!

Des: So far just Wylde and Celik.
Rumours are that some agents are holding out.
Shows once again that agents are the scourge of modern football.

edit2: Oh, I get it, it's not Tommy who's a joke from the Huddleboard, but the Record copying an entire made up story
Shows them up for the idiots they are.

lubo_moravcik

Jelle1880 wrote: »

Bwahaha, so now 'Tommy from Glasgow' is a joke from the Huddleboard ?

Is he ****, he's an idiot who clearly has mental issues.
He also tried to call Suck from FF for an 'interview' but got found out quick enough.

Also known as 'Tommy the Christian Muslim Taxi Driver'.

edit:
http://www.thescottishsun.co.uk/scotsol/homepage/news/4177427/Plush-pad-is-targeted-by-graffiti-yobs.html#ixzz1oPc5gCEs

Good to see the spelling police out in force
Celic1888!

Des: So far just Wylde and Celik.

https://www.youtube.com/watch?v=owzhYNcd4OM

lubo_moravcik

PauloMN wrote: »

ColeTrain wrote: »

Teh Huddleboard never disappoints

The Record does though!

Let me get this straight: the Scottish media haven't been able to track Whyte down, nor talk to him, yet Tommy in Glasgow can have a 20 minute chat with him? :eek: FFS is all I can say, both from the media's and Craig Whyte's side!

The Record copy/pasted the whole lot from the Huddleboard as well, including all the "eeeerrrrhhhhh" and "aaayyyyeeeeee" bits I see.

Did you guys see the emails between CW, the "investor" and his pal? They're better than the phone call imo.

Aye the mails back and forward have been going on for a couple of weeks, they led up to this crazy fool getting to ring him. The 2nd call is coming out today and is meant to be fantastic

lubo_moravcik

Jelle, EB, BBE (where is he these days?) Builder, you 4 are the genuine rangers favs on here; is Craig Whyte the man who saved Gers?

Jelle1880

He's our knight on a whyte horse so he is.

Take a guess :pac:

lubo_moravcik

Jelle1880 wrote: »

He's our knight on a whyte horse so he is.

Take a guess :pac:

That a yes then?

Jelle1880

Yeah, he is the best thing to have ever happened to Rangers.

Are you for real ?

celticbest

Rangers director Dave King fears liquidation is 'inevitable'

Rangers director Dave King fears the club will not exit administration and that liquidation is "inevitable".

In a statement, King said the club's owner Craig Whyte has "abused the loyalty of fans" by mortgaging future sales of tickets to Ticketus.

King also claims that Sir David Murray had no knowledge that proof of funds supplied by Whyte to purchase the club was secured by season ticket sales.

http://www.bbc.co.uk/sport/0/football/17283440

^^Could it possibly be true......

Jelle1880

And Paul Murray says the exact opposite...

And guess who's coming out into the open again.
David Murray will release a statement after being personally accused.
But he shuts up when Rangers are in trouble...

Utter **** of a man.

KeithAFC

Jelle1880 wrote: »

And Paul Murray says the exact opposite...

And guess who's coming out into the open again.
David Murray will release a statement after being personally accused.
But he shuts up when Rangers are in trouble...

Utter **** of a man.

He is a wanker.

Two people saying the complete opposite. Get the feeling people are out for themselves in this.

Trampas

rangers going bang isn't good for celtic as money for the league will go down. snowball effect

Dempsey

Trampas wrote: »

rangers going bang isn't good for celtic as money for the league will go down. snowball effect

Here we go again :rolleyes:

Celtic have downsized before and progressed before. We will be able to adapt to life without Rangers better than those looking from a distance think.

bobmalooka

Trampas wrote: »

rangers going bang isn't good for celtic as money for the league will go down. snowball effect

how much money?

tv money in SPL is very low and accounts for 3% of celtics turnover..

Spl sides need to raise attendances by an average of 400 to cover the loss of Rangers away days. Motherwells have shot up by 3k with the prospect of coming 2nd.

Please show us how Rangers going would cost Celtic and others or are you assuming thats how it would work without checking where Celtic get their money?

KeithAFC

Dempsey wrote: »

Here we go again :rolleyes:

Celtic have downsized before and progressed before. We will be able to adapt to life without Rangers better than those looking from a distance think.

There is downsizing and then destruction of a league. A big difference. Had this debate before. But still to see a reasonable argument why the SPL will get stronger.

Dempsey

KeithAFC wrote: »

There is downsizing and then destruction of a league. A big difference. Had this debate before. But still to see a reasonable argument why the SPL will get stronger.

Scaremongering at its best!

Maybe you should read the McLeish report and all the aspects that are currently on hold & in the process of being implemented. The current Old Firm centric SPL structure will die, a league that isnt heavily dependent on the success of two clubs will come out of it. Any league structure will be better off without a club that has been cheating for over a decade anyways!

You keep ignoring this point and any other valid point about the progression of Scottish Football and maintain your blinkered thinking at all costs, sound familiar?

KeithAFC

Dempsey wrote: »

Scaremongering at its best!

Maybe you should read the McLeish report and all the aspects that are currently on hold & in the process of being implemented. The current Old Firm centric SPL structure will die, a league that isnt heavily dependent on the success of two clubs will come out of it. Any league structure will be better off without a club that has been cheating for over a decade anyways!

You keep ignoring this point and any other valid point about the progression of Scottish Football and maintain your blinkered thinking at all costs, sound familiar?

Again, a poor argument. The McLeish report is pointless without the Old Firm. If Rangers are liquidated, the league just isn't strong enough to attract interest from Sky or ESPN.

That much is a fact. We all know the other teams in the SPL are small clubs and will not be a big attraction to foreign players or any TV company. The BBC deal requires Rangers or Celtic to be in the SPL.

Watch all the TV companies forget about it and show no interest. Can't build a league if you don't have TV interest.

Face up to it, Scottish football IS the Old Firm. Without the Old Firm, it is just another League of Ireland. You know it and I know it.

Dempsey

KeithAFC wrote: »

Again, a poor argument. The McLeish report is pointless without the Old Firm. If Rangers are liquidated, the league just isn't strong enough to attract interest from Sky or ESPN.

That much is a fact. We all know the other teams in the SPL are small clubs and will not be a big attraction to foreign players or any TV company. The BBC deal requires Rangers or Celtic to be in the SPL.

Watch all the TV companies forget about it and show no interest. Can't build a league if you don't have TV interest.

Face up to it, Scottish football IS the Old Firm. Without the Old Firm, it is just another League of Ireland. You know it and I know it.

Explain how the McLeish report is pointless without the Old Firm? Show us all the recommendations that are pointless.

Have Sky/ESPN stated that they wont invest in the SPL if Rangers go under? SKY/ESPN havent said anything yet

Explain these "facts" because they sound like figments of your imagination moreso.

KeithAFC

Dempsey wrote: »

Explain how the McLeish report is pointless without the Old Firm?

Have Sky/ESPN stated that they wont invest in the SPL if Rangers go under?

Explain these "facts" because they sound like figments of your imagination moreso.

Simply not understanding the magnitude of the situation here. The other clubs simply aren't big enough to challenge or maintain a challenge over a long period of time in the modern game. Celtic are way and beyond bigger than the other clubs.

No one will be interested in watching that. You can try and talk about structuring the league all you want but the core element of the whole debate is it comes down to just how competitive the league is at the top. Without a challenge for the title, you will struggle to attract players to the league, TV companies will not invest money in a one team league.

Sky or ESPN would just be as well focusing on the Premier League and trying to get more live games. Why would they invest in the Scottish Premier League which is dying with the Old Firm, never mind when it gets worse without one side of the Old Firm? The big game will be gone.

The exact same thing would happen in La Liga. I don't think Sky would be interested in Spanish football if Real Madrid or Barcelona disappeared.

The Scottish Premier League can't afford for the Old Firm fixture to disappear because one of the clubs is liquidated. The small clubs all over Scotland would be severely damaged financially without the large away following Rangers bring to grounds. This is big money to these clubs.

lubo_moravcik

KeithAFC wrote: »

Simply not understanding the magnitude of the situation here. The other clubs simply aren't big enough to challenge or maintain a challenge over a long period of time in the modern game. Celtic are way and beyond bigger than the other clubs.

No one will be interested in watching that. You can try and talk about structuring the league all you want but the core element of the whole debate is it comes down to just how competitive the league is at the top. Without a challenge for the title, you will struggle to attract players to the league, TV companies will not invest money in a one team league.

Sky or ESPN would just be as well focusing on the Premier League and trying to get more live games. Why would they invest in the Scottish Premier League which is dying with the Old Firm, never mind when it gets worse without one side of the Old Firm? The big game will be gone.

The exact same thing would happen in La Liga. I don't think Sky would be interested in Spanish football if Real Madrid or Barcelona disappeared.

The Scottish Premier League can't afford for the Old Firm fixture to disappear because one of the clubs is liquidated. The small clubs all over Scotland would be severely damaged financially without the large away following Rangers bring to grounds. This is big money to these clubs.

http://www.boards.ie/vbulletin/showpost.php?p=77470101&postcount=1103
As said in that post. Motherwell who now have a chance to finish 2nd have a higher average attendance than they've had in years. You seriously telling me that the rangers visiting twice a season will bring in more money to them than a higher attendance over the other 16 home games over the course of a season would?

Jelle1880

bobmalooka wrote: »

how much money?

tv money in SPL is very low and accounts for 3% of celtics turnover..

Spl sides need to raise attendances by an average of 400 to cover the loss of Rangers away days. Motherwells have shot up by 3k with the prospect of coming 2nd.

Please show us how Rangers going would cost Celtic and others or are you assuming thats how it would work without checking where Celtic get their money?

Eh ?

How did you come to that conclusion ?
I don't for a second believe that that would be enough.

And you keep mentioning how Celtic don't need Rangers, this is however about the other clubs as well.

Dempsey

KeithAFC wrote: »

Simply not understanding the magnitude of the situation here. The other clubs simply aren't big enough to challenge or maintain a challenge over a long period of time in the modern game. Celtic are way and beyond bigger than the other clubs.

No one will be interested in watching that. You can try and talk about structuring the league all you want but the core element of the whole debate is it comes down to just how competitive the league is at the top. Without a challenge for the title, you will struggle to attract players to the league, TV companies will not invest money in a one team league.

Sky or ESPN would just be as well focusing on the Premier League and trying to get more live games. Why would they invest in the Scottish Premier League which is dying with the Old Firm, never mind when it gets worse without one side of the Old Firm? The big game will be gone.

The exact same thing would happen in La Liga. I don't think Sky would be interested in Spanish football if Real Madrid or Barcelona disappeared.

The Scottish Premier League can't afford for the Old Firm fixture to disappear because one of the clubs is liquidated. The small clubs all over Scotland would be severely damaged financially without the large away following Rangers bring to grounds. This is big money to these clubs.

I fully understand the situation but I disagree with you. You continually change your argument when any of your weak points are blown out of the water.

It was impossible to have any other competition at the top of the league because Rangers were continually cheating for over 10 years. Remove the corrupt club and we'll actually have a real chance at healthy competition.

Your point about Sky is a figment of your imagination and you are completely spoofing on that point.

Again, show me the evidence about Rangers away support? Your argument here is again highly flawed and a product of your imagination as you are ignoring the reality.

Look at Motherwell, the prospect of getting 2nd place has their attendances swelling, they dont need the 2 away attendances from Rangers. You also are ignoring the fans appetite for changes to the league structure.

The current setup is actually putting alot of fans off, restructuring has better chance of bringing them back than Rangers staying in the SPL or any attempt to maintain the status quo.

In short Scottish Football will be better off in the long run without cheats.