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Rangers FC lodge papers to go into administration

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Comments

  • #1652
    spiralism
    Registered Users, Registered Users 2 Posts: 6,299 ✭✭✭spiralism


    TheBuilder wrote: »
    Opposing the IRA is sectarian now? You will not hear any FTP add ons at ibrox now other than a few idiots.

    I've had enough of this thread.

    It's as "sectarian" as our songs about fighting for freedom in 1916 and the like, the ones ye always kick up **** about when they get an airing. So is it one rule for us and one for ye? BOTOB and Build My Gallows = no difference.


  • #1653
    TheBuilder
    Registered Users, Registered Users 2 Posts: 1,340 ✭✭✭TheBuilder


    spiralism wrote: »
    TheBuilder wrote: »
    Opposing the IRA is sectarian now? You will not hear any FTP add ons at ibrox now other than a few idiots.

    I've had enough of this thread.

    It's as "sectarian" as our songs about fighting for freedom in 1916 and the like, the ones ye always kick up **** about when they get an airing. So is it one rule for us and one for ye? BOTOB and Build My Gallows = no difference.

    No, it's not sectarian at all. And most anti IRA songs are directed at the provisional IRA, those guys Celtic fans 'don't sing about'.

    Anyway, this has all been done before so let's get back to us being in administration lol.


  • #1654
    bobbysands81
    Registered Users, Registered Users 2 Posts: 7,229 ✭✭✭bobbysands81


    KeithAFC wrote: »
    Time you forgot about it and moved on. It doesn't exist any more.

    In much the same way that you seem to have forgotten about our bet?

    http://www.boards.ie/vbulletin/showpost.php?p=78108251&postcount=5834


  • #1655
    KeithAFC
    Closed Accounts Posts: 10,239 ✭✭✭✭KeithAFC


    bobbysands81 wrote: »
    In much the same way that you seem to have forgotten about our bet?

    http://www.boards.ie/vbulletin/showpost.php?p=78108251&postcount=5834
    The points deduction has made the title tainted.


  • #1656
    PauloMN
    Moderators, Technology & Internet Moderators, Regional North East Moderators Posts: 10,887 Mod ✭✭✭✭PauloMN


    KeithAFC wrote: »
    The points deduction has made the title tainted.

    Are you saying you won't honour the bet?


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  • #1657
    bobbysands81
    Registered Users, Registered Users 2 Posts: 7,229 ✭✭✭bobbysands81


    KeithAFC wrote: »
    bobbysands81 wrote: »
    In much the same way that you seem to have forgotten about our bet?

    http://www.boards.ie/vbulletin/showpost.php?p=78108251&postcount=5834
    The points deduction has made the title tainted.

    So as PauloMN says are you gonna pay or not?


  • #1658
    Dempsey
    Registered Users, Registered Users 2 Posts: 20,529 ✭✭✭✭Dempsey


    KeithAFC wrote: »
    The points deduction has made the title tainted.

    Explain :rolleyes:


  • #1659
    AnCapaillMor
    Registered Users, Registered Users 2 Posts: 4,920 ✭✭✭AnCapaillMor


    KeithAFC wrote: »
    The points deduction has made the title tainted.

    And winning a few titles on the trot with money a team didn't have isn't?


  • #1660
    shankespony
    Registered Users, Registered Users 2 Posts: 278 ✭✭shankespony


    Looks like KeithAFC should show a bit of "DIGNITY "and pay up!!!


  • #1661
    Broxi_Bear_Eire
    Registered Users, Registered Users 2 Posts: 6,704 ✭✭✭Broxi_Bear_Eire


    For Christs sake Keith it money going to charity you lost the bet have enough about yourself to pay up


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  • #1662
    A Dub in Glasgo
    Registered Users, Registered Users 2 Posts: 18,748 ✭✭✭✭A Dub in Glasgo


    Alex Thomson (Channel 4 News) was on Clyde 1 this evening and it is dynamite stuff - he annihilates the West of Scotland media and journalism and allegations of threats

    Channel 4 news report (7 minute segment) about the Rangers EBT scheme
    http://www.sendspace.com/file/9ssba5

    Alex Thomson on Clyde this evening
    http://soundcloud.com/jinkylarsson/alex-thomson-on-clyd


  • #1663
    bobbysands81
    Registered Users, Registered Users 2 Posts: 7,229 ✭✭✭bobbysands81


    Rumours doing the rounds that The Blue Knights have walked away from their Rangers takeover bid.

    More rumours suggesting Big Tax Case verdict may be leaked this evening.

    People are summising that Blue Knights have walked away as RFC have lost their Big Tax Case appeal.


  • #1664
    Broxi_Bear_Eire
    Registered Users, Registered Users 2 Posts: 6,704 ✭✭✭Broxi_Bear_Eire


    A Dub in Glasgo wrote: »
    Alex Thomson (Channel 4 News) was on Clyde 1 this evening and it is dynamite stuff - he anniliates the West of Scotland media and journalism and allegations of threats

    Channel 4 news report (7 minute segment) about the Rangers EBT scheme
    http://www.sendspace.com/file/9ssba5

    Alex Thomson on Clyde this evening
    http://soundcloud.com/jinkylarsson/alex-thomson-on-clyd

    Nothing about the EBT scheme we didn't already know he keeps rehashing stuff
    as for the media well its interesting and be interesting to see what happens next


  • #1665
    Dempsey
    Registered Users, Registered Users 2 Posts: 20,529 ✭✭✭✭Dempsey


    "Craig Whyte seems to have paid for his Google history to be deleted"

    That must be the laziest ****e I've ever heard from a journalist. What did they do before google?


  • #1666
    bobbysands81
    Registered Users, Registered Users 2 Posts: 7,229 ✭✭✭bobbysands81


    http://www.heraldscotland.com/mobile//news/home-news/blue-knights-to-step-back-from-rangers-bid.1334605292

    Blue Knights to 'step back' from Rangers bid
    Published on 16 April 2012

    THE Blue Knights could be ready to walk away from their Rangers rescue bid after consortium partners Ticketus went behind their backs to try and negotiate a more lucrative deal for themselves with a rival group from Singapore.

    The shock development was confirmed in a statement and now appears to put the Singapore group, fronted by businessman Bill Ng, in pole position to become the preferred bidder for the stricken club, although the deal they are believed to be brokering with Ticketus was described by one source as ‘not in the best long term interests of the club’.

    It is understood that the third bidder interested in Rangers, American millionaire Bill Miller, has been all but ruled out of contention by the club’s administrators, Duff and Phelps.

    But there is deep anger within the Blue Knights group at the tactics deployed by London based firm Ticketus who weeks ago aligned themselves as part of a consortium bidding for Rangers, along with former director Paul Murray and three supporters groups.

    The Blue Knights said: "On the evening of Thursday 12 April The Blue Knight Consortium (“the consortium”) was asked by Duff & Phelps to reconfirm its “best and final” offer of 4 April. We reconfirmed our position and we believed that we would be awarded preferred bidder status on Friday morning.

    “As part of the process of awarding exclusivity Duff & Phelps had requested a non-refundable deposit which the consortium had agreed to provide.

    “During the course of Friday Ticketus decided that they were not prepared to provide this deposit. During the course of the weekend members of the consortium offered to put up the deposit subject to a small number of conditions which were broadly agreed with Duff & Phelps.

    “During the course of the weekend we were made aware that Ticketus had been in discussions with the Singaporean consortium who, on Friday, had offered Ticketus a “substantially” better deal to the one offered by us. We confirmed that we were not prepared to increase our offer to Ticketus.

    “The consortium believes that the whole deal process has now become incredibly complex and it is critical that a preferred bidder is appointed this week.

    “As a consequence, in the best interests of the Club, the consortium has decided to take a step back to enable Duff and Phelps, Ticketus and the Singaporeans to conclude a deal as quickly as possible.

    “We stand ready to complete our offer of 4 April which included a deal in principle with Ticketus. We still believe that a partnership with Ticketus represents the best opportunity of the Club exiting administration via a CVA.

    “We firmly believe that in the interests of the Club the whole process has to move forward as a matter of urgency. We are stepping back to assist with this.”

    That decision to become a Blue Knights partner had strengthened the Murray led bid as it crucially removed Ticketus, and the £27million they are owed as part of a four year season ticket deal struck by shamed owner Craig Whyte, from the creditors pot in any Company Voluntary Agreement (CVA) that has to be agreed if the club is to exit administration.

    Now, the Singapore bid is the front-runner as they hold that power if Ticketus join up with them.

    The Blue Knights had agreed to pay Ticketus back £10m of their £27m over nine years. There would be no interest due, no payments for the first two years, and no money owed in any season Rangers did not qualify for European football.

    It is believed the Singapore consortium have agreed to pay Ticketus back £14m over a shorter period, which has seen the London based firm looking at jumping camps and leave the Blue Knights furious.


  • #1667
    A Dub in Glasgo
    Registered Users, Registered Users 2 Posts: 18,748 ✭✭✭✭A Dub in Glasgo


    Dempsey wrote: »
    "Craig Whyte seems to have paid for his Google history to be deleted"

    That must be the laziest ****e I've ever heard from a journalist. What did they do before google?

    I know, I nearly spit out me tea when I heard that one :D


  • #1668
    Dempsey
    Registered Users, Registered Users 2 Posts: 20,529 ✭✭✭✭Dempsey


    bobbysands81 wrote: »
    http://www.heraldscotland.com/mobile//news/home-news/blue-knights-to-step-back-from-rangers-bid.1334605292

    Do Ticketus want both bidders to fail or something? What did they think would happen if they tried to hedge their bets


  • #1669
    PauloMN
    Moderators, Technology & Internet Moderators, Regional North East Moderators Posts: 10,887 Mod ✭✭✭✭PauloMN


    Broxi_Bear_Eire wrote: »
    For Christs sake Keith it money going to charity you lost the bet have enough about yourself to pay up

    It's quite clear to me that Keith expected Bobby's chosen charity to be along the lines of "Sons of the GPO Heroes" or suchlike :), so he'd have an easy out.

    Bobby's chosen charity has clearly left Keith in a bind - because there is no out.

    Keith - man up and pay your bet. It's a great cause.


  • #1670
    RoryMac
    Registered Users, Registered Users 2 Posts: 5,919 ✭✭✭RoryMac


    Dempsey wrote: »

    That must be the laziest ****e I've ever heard from a journalist. What did they do before google?

    Print everything David Murray & Rangers told them?!


  • #1671
    PauloMN
    Moderators, Technology & Internet Moderators, Regional North East Moderators Posts: 10,887 Mod ✭✭✭✭PauloMN


    Dempsey wrote: »
    Do Ticketus want both bidders to fail or something? What did they think would happen if they tried to hedge their bets

    Ticketus want as much of their money back from that thief as they can get, and were I a shareholder of Ticketus, I'd want them to do exactly what they are doing.

    I must say as soon as I heard the proposed agreement between Ticketus and the Blue Knights, the alarm bells were ringing with me:
    The Blue Knights had agreed to pay Ticketus back £10m of their £27m over nine years. There would be no interest due, no payments for the first two years, and no money owed in any season Rangers did not qualify for European football.

    It all sounded too good a deal for the Blue Knights. £17m written off, paying £10m over nine years, and only in seasons where Rangers are in Europe? Seriously? Did Murray believe that was ever going to actually happen?

    Will be interesting to see how this pans out. Consortiums are complex enough to deal with at the best of times, but throw Ticketus and the tax case into the mix and it's just nightmare stuff.


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  • #1672
    Jelle1880
    Registered Users, Registered Users 2 Posts: 10,230 ✭✭✭✭Jelle1880


    A Dub in Glasgo wrote: »
    Alex Thomson (Channel 4 News) was on Clyde 1 this evening and it is dynamite stuff - he annihilates the West of Scotland media and journalism and allegations of threats

    'Threats' made by a parody twitter account of David Leggat.

    eq57og.jpg

    Leggat is a blogger, Rangers-minded, but this was not his twitter account:

    http://i.imgur.com/VpjLo.jpg

    He's on there abusing Novo for example, I highly doubt the real Leggat would do that.

    edit: Even Brian McNally, a well known Celtic-supporting journalist, is laughing at Thomson :D

    Massive own-goal for him.

    https://twitter.com/#!/search/%23ThingsThatHaveThreatenedAlexThomson

    Bwahahaha :D


  • #1673
    Dempsey
    Registered Users, Registered Users 2 Posts: 20,529 ✭✭✭✭Dempsey


    PauloMN wrote: »
    Ticketus want as much of their money back from that thief as they can get, and were I a shareholder of Ticketus, I'd want them to do exactly what they are doing.

    I understand their duty to shareholders but to possibly cause one bidder to pull out of a deal whilst and not have any arrangement with the other is not good business. Ng could easily give an ultimatum for better terms that the blue knights deal to involve them or he'll liquidate the club. Then go tell the fans that creditors were trying to hold a gun to his head etc etc.


  • #1674
    Dempsey
    Registered Users, Registered Users 2 Posts: 20,529 ✭✭✭✭Dempsey


    Jelle1880 wrote: »
    Massive own-goal for him.

    Own Goal by Thomson? He gets threatened and you think its great that its being made fun of?


  • #1675
    Jelle1880
    Registered Users, Registered Users 2 Posts: 10,230 ✭✭✭✭Jelle1880


    Dempsey wrote: »
    Own Goal by Thomson? He gets threatened and you think its great that its being made fun of?

    Ow boo-****ing-hoo.

    He said he got threatened by a Scottish journalist, which now would appear to be a fake twitter account (which is clearly obvious, if you go through his other tweets).

    He then printed out those tweets and went to the police.

    Yes, I think it's pretty funny that an investigative journalist who claims there is something rotten in the world of Scottish journalism is conned so easily.

    But trust you to take this serious.


  • #1676
    A Dub in Glasgo
    Registered Users, Registered Users 2 Posts: 18,748 ✭✭✭✭A Dub in Glasgo


    To be fair, it is quite easy to confuse what passes for football journalism in Scotland to some non-descript blogger

    Didn't those 2 FB guys who urged a riot claim it was done 'for a joke' as well?


  • #1677
    Jelle1880
    Registered Users, Registered Users 2 Posts: 10,230 ✭✭✭✭Jelle1880


    Agreed, but Thomson talked to that twitter account, if he would have bothered to take a look he would have clearly noticed the weird stuff being posted on there (I doubt a Rangers fan, which Leggat is, would say 'hun rodent' to Novo).


  • #1678
    Dempsey
    Registered Users, Registered Users 2 Posts: 20,529 ✭✭✭✭Dempsey


    Jelle1880 wrote: »
    Ow boo-****ing-hoo.

    He said he got threatened by a Scottish journalist, which now would appear to be a fake twitter account (which is clearly obvious, if you go through his other tweets).

    He then printed out those tweets and went to the police.

    Yes, I think it's pretty funny that an investigative journalist who claims there is something rotten in the world of Scottish journalism is conned so easily.

    But trust you to take this serious.

    Are you sure of that? I havent launched my own private investigation or anything


  • #1679
    Jelle1880
    Registered Users, Registered Users 2 Posts: 10,230 ✭✭✭✭Jelle1880


    alex thomson ‏ @alextomo Reply Retweet Favorite · Open
    Just for the record – I obviously have more evidence than mere tweets real or no – which will be handed to police

    Aye, can't wait for that.

    edit: Dempsey, take a look at some of the twitter posts.
    Don't know if you're aware of Leggat, he's a Scottish blogger with clear Rangers leanings (pretty much all he talks about actually).

    I'm positive that some of the stuff posted on that account would never be uttered by any Rangers fan.


  • #1680
    bobbysands81
    Registered Users, Registered Users 2 Posts: 7,229 ✭✭✭bobbysands81


    Jelle1880 wrote: »
    alex thomson ‏ @alextomo Reply Retweet Favorite · Open
    Just for the record – I obviously have more evidence than mere tweets real or no – which will be handed to police

    Aye, can't wait for that.

    So maybe he's telling the truth after all?


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  • #1681
    bobbysands81
    Registered Users, Registered Users 2 Posts: 7,229 ✭✭✭bobbysands81


    This is a serious MUST READ for Rangers (and Celtic!) fans!

    http://wingsland.podgamer.com/cheats-charter-controversy-ended/


    From the Scottish Football Association rules on Club Licensing (specifically  Part 3, Section 03 – The Club as Licence Applicant and the UEFA Licence). Emphasis ours.

    "3.1.1 The Licence Applicant may only be a football club, that is the legal entity fully responsible for the football team participating in national and international competitions and which is the legal entity member of the Scottish Football Association (Full or Associate Member). The licence applicant is responsible for the fulfillment of the club licensing criteria. This membership must have been in place at the start of the licence season for a minimum period of three consecutive years.

    [...]

    3.3.1 UEFA Licence Awards for Scottish Premier League Clubs (SPL)
    A Licence cannot be transferred from one legal entity to another."

    NB: "UEFA Licence" does not denote a licence to compete in UEFA competitions, which are governed by an entirely different set of criteria. As the SFA website explains:

    "National Club Licensing applies to Scottish FA member clubs and UEFA Club Licensing applies to Scottish Premier League clubs."

    In other words, to play in the SPL you must have a UEFA Club Licence, regardless of whether you actually compete in UEFA competitions or not. (SFL clubs, who in normal circumstances wouldn't be expected to qualify for European tournaments, are dealt with separately via an "extraordinary procedure" in the event that they do.)

    So, should Rangers FC be subject to liquidation and then reborn as a "newco", the new company would NOT be eligible for the licence required to play in the SPL, for at least three years. Furthermore, it is plainly and explicitly forbidden under SFA rules for such a licence to be transferred from one legal entity (Rangers FC) to another (New Rangers FC 2012). Well, that's that all sorted out, then. As you were.


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