Rangers FC lodge papers to go into administration

RoryMac · 15-02-2012 05:28PM

KeithAFC wrote: »

Yes.

:rolleyes:

Why not use Rangers to give a much needed boost to all of Scottish football, relegate them to the 3rd division, the small clubs there would get a much needed boost as Rangers work their way back up!

RoryMac · 15-02-2012 05:30PM

Eirebear wrote: »

Quite interesting given the respective Stadium capacities.
(Capacities taken from Wiki, percentages rounded to the nearest 1%)
Rangers 45852 (52182) 90%
Celtic 49472 (60,832) 81%
Hearts 13545 (17,420) 78%

"Faithful Through & Through" eh?

Those figures may be a whole lot different come the end of the season

blahfckingblah · 15-02-2012 05:31PM

Eirebear wrote: »

Quite interesting given the respective Stadium capacities.
(Capacities taken from Wiki, percentages rounded to the nearest 1%)
Rangers 45852 (52182) 90%
Celtic 49472 (60,832) 81%
Hearts 13545 (17,420) 78%

"Faithful Through & Through" eh?

ah yes i suppose my lecturer was right when he said facts can be used to prove any point.
eg. 34.11% the attendance against dundee

(nothing personal i just hate people effing with rediculous figures and percentages)

Eirebear · 15-02-2012 05:33PM

RoryMac wrote: »

Those figures may be a whole lot different come the end of the season

blahfckingblah wrote: »

ah yes i suppose my lecturer was right when he said facts can be used to prove any point.
eg. 34.11% the attendance against dundee

(nothing personal i just hate people effing with rediculous figures and percentages)

lol, i'm just trying to lighten the mood in all honesty.
(BTW, it was Dundee Utd.

)

Dempsey · 15-02-2012 05:52PM

Dunfermline dont expect rangers to be able to pay them £80k in gate receipts that is owed

DUTD havent received their cut from the gate receipts in their SC match

ICT are owed money from ticket sales of their upcoming match, they dont have a chance.

Hearts are owed money from the Lee Wallace transfer, no hope of them getting that

That wont be good with the current hand to mouth nature of the SPL

KeithAFC · 15-02-2012 05:55PM

Rangers key to SPL's new television deal
http://www.bbc.co.uk/sport/0/football/17047957

bobmalooka · 15-02-2012 05:55PM

Jelle1880 wrote: »

I'm not talking about now, I'm talking about months ago when he claimed it.
Back then there was no inclination about the PAYE, VAT, NI,... issue.

Back then the general idea was: Rangers have problems and have to wait until the tax case is over to see the problems facing them.
That's it, nobody knew about the stuff we do now.

edit: Hope your Abrakebabra gives you the runs

Dont you get it? Ye didn't have the money to run the club then and everyone wants what they are owed now.

I love your logic, everyone who said this day would come were only pulling the piss and this is all a coincidence.

Oh and Dundee were docked 25 points, how is that the same as rangers punishment?

A Dub in Glasgo · 15-02-2012 06:07PM

This Whyte fella is one big chancer and it looks like he's going to make a mint out of the mess Rangers have put themselves in

Eirebear · 15-02-2012 06:10PM

bobmalooka wrote: »

Oh and Dundee were docked 25 points, how is that the same as rangers punishment?

That was Dundee's second time in administration.

user2011 · 15-02-2012 06:23PM

Can i ask was that stipulation in previous deals?

And if so is it just at the signing stage that both teams need to be in the league or the lenght of the deal?

RoryMac · 15-02-2012 06:40PM

user2011 wrote: »

Can i ask was that stipulation in previous deals?

And if so is it just at the signing stage that both teams need to be in the league or the lenght of the deal?

I believe there was a similar clause in the last 2 deals originally to protect against Celtic and Rangers leaving to play in another league rather than the present situation.

I'd be surprised if such a clause didn't allow for a club to be relegated no matter how unlikely that was, can't see how a tv deal takes priority over the SFA's rules and what UEFA/FIFA would think if this was used to keep Rangers in the SPL

user2011 · 15-02-2012 06:56PM

Yeah but if the big boys step in and get talking. Just thinking back to Portsmouths woes don't recall the sports minister being on call to the adminstrators?

The whole thing is starting too stink a bit. If the adminstrators can't sort things then they should be let go. Let the fans set-up another club and not let bloody cowboys get too the top without them having a large say in the running of the club.

fryup · 15-02-2012 06:58PM

A Dub in Glasgo wrote: »

This Whyte fella is one big chancer and it looks like he's going to make a mint out of the mess Rangers have put themselves in

looks like he had this all planned out from day one....

Dempsey · 15-02-2012 07:00PM

I think FIFA will be watching closely to see there is any 'political influence' by the Sports Minister.

bobbysands81 · 15-02-2012 07:09PM

KeithAFC wrote: »

The best thing to happen to Rangers was when Celtic was saved. The problem was the people running the club at Rangers had not been running the club properly. David Murray = moron.

The best thing to happen to THE Rangers you surely mean?

bobbysands81 · 15-02-2012 07:12PM

KeithAFC wrote: »

Which will NOT happen. After 3-4-5 years in a one team league, you will not attract even the good players to help you get into the Champions League. Think long term and not short.

What about Rosenborg? They were well able to compete at CL level whilst constantly strolling their league.

Dempsey · 15-02-2012 07:20PM

bobbysands81 wrote: »

What about Rosenborg? They were well able to compete at CL level whilst constantly strolling their league.

Keith has theblinkers on, he couldnt possibly see anything like that happening in the SPL, timmy! :pac:

bobbysands81 · 15-02-2012 07:29PM

Blatter wrote: »

Ben Smith @bensmithTimes
#Rangers administrators say: "fans can be reassured that Rangers will continue as a football club. "

Even if Rangers are liquidated tomorrow then this statement is true. They just stated a truism.

Dempsey · 15-02-2012 07:33PM

http://www.bbc.co.uk/news/uk-scotland-glasgow-west-17049723

Going on previous seasons, Rangers income for the nine months Mr Whyte has been in charge should be about £26m.

It has also been reported that he borrowed about £24m from Ticketus against a share of season ticket sales for the next four years.

The club is also said to have received about £5m for the sale of top goalscorer Nikica Jelavić to Everton in the January transfer window.

The combined total of these figures is £55m.

Mr Whyte has publicly stated that the monthly cost of running Rangers is about £3.75m.

Based on this figure, the cost of running the club during Mr Whyte's tenure would have been about £34m.

In theory, that should leave a surplus of £21m.

If the £9m figure claimed by HMRC over alleged unpaid VAT and PAYE is added, then the surplus cash figure would stand at £30m.

Working with these figures, some fans have been asking why Rangers was placed in administration.

Meanwhile, it has emerged that David Grier, a partner at Rangers administrators Duff and Phelps, was centrally involved in Craig Whyte's takeover from previous owner Sir David Murray.

As emails obtained by BBC Scotland show, he even assured the previous board that Mr Whyte's bid had already secured a "time to pay" deal with HMRC.

This has led one academic to raise concerns over the appointment of Duff and Phelps as Rangers' administrators.

Steven Morrow, senior lecturer in sport finance at Stirling University, said: "If there is evidence of a prior relationship between those involved in an administrative capacity and the directors of Rangers Football Club, then I think that would raise concerns among some of the creditors.

"This is because the role of the administrator is to be independent, to look after the interests of all the creditors, not to be seen to have any particular interest in one group of creditors.

"Their job is to try to make sure the organisation is a going concern but protect the interests of all creditors and that's what the process is about."

Duff and Phelps has denied any conflict of interest in acting as administrators.

In a statement, the firm said: "The appointment of D&P was approved by the Court of Session in Edinburgh and the appointment was agreed to by HMRC.

"Indeed, HMRC withdrew their application to have an administrator of their choice appointed and are now engaging with D&P as the administration progresses.

"There is no conflict of interest whatsoever as it is standard practice for companies to appoint their own administrators, who usually have provided advice on restructuring in the build up to an insolvency."

Dodgy as fúck!

This guy passed the fit and proper persons test despite a SFA probe afterwards, FFS!

bobbysands81 · 15-02-2012 08:07PM

According to Rangers administrators Rangers are now for sale:

"The Joint Administrators will be conducting a sale process of the business and assets shortly. Please note that in the first instance, the Joint Administrators will seek to sell the business as a going concern."

A Dub in Glasgo · 15-02-2012 08:25PM

Whyte always looks like he is a rabbit caught in the headlights

Fratton Fred · 15-02-2012 08:42PM

Dempsey wrote: »

Dodgy as fúck!

This guy passed the fit and proper persons test despite a SFA probe afterwards, FFS!

Do the SFA have a fit and proper persons test?

I thought that based on the complete farce that is the English one they decided against it.

A Dub in Glasgo · 15-02-2012 08:49PM

Fratton Fred wrote: »

Do the SFA have a fit and proper persons test?

I thought that based on the complete farce that is the English one they decided against it.

Read and laugh at the SFA farce

fionnsda · 15-02-2012 11:27PM

Orando Broom · 15-02-2012 11:42PM

My cousin's best mate's sister is a secretary for Craig Whyte and seemingly the name on his passport is Diarmuid Murphy!!! :0

Pompey Magnus · 16-02-2012 07:17AM

A Dub in Glasgo wrote: »

Whyte always looks like he is a rabbit caught in the headlights

Any time I see picture of him I think he looks like a man who is just after receiving a surprise prostate examination.

Dempsey · 16-02-2012 12:15PM

Job cuts pencilled in for next week

Current Rangers Staff (According to the BBC) wrote:

32 first-team players

11 first-team coaching staff

35 under-19 players

7 academy coaches

13 media-PR

22 marketing/hospitality

16 ground/maintenance

20 ticket office

10 Football in Community

11 executive/clerical

Figures do not include under-17 players, scouts, matchday staff and outsourced security and catering

Total: 177+

PauloMN · 16-02-2012 12:21PM

Dempsey wrote: »

Job cuts pencilled in for next week

Those figures look bogey to me.

Well except for the ticket sales people.... there's no season ticket work left anyway!

Jelle1880 · 16-02-2012 12:58PM

No way can they know that.

LuckyLloyd · 16-02-2012 01:04PM

Did Rangers really securatise future ticket sales?

Is that not a bit exotic for a football club?

Rangers FC lodge papers to go into administration

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