The Official Glasgow Rangers Thread

The Official Glasgow Rangers Thread

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simonjunior831

133 posts

138 months

Thursday 4th October 2012
quotequote all
doogz said:
simoid said:
Don't know the ins and outs, what about that Juninho boy? Thought I may have read some propaganda that an undeclared payment was made, but not investigated because the money changed hands after his contract finished confused
For the umpteenth time, EBT's aren't illegal/against the rules, as long as they're used properly!

Rangers weren't declaring the 'side contracts' to the SPL. That was their mistake.

All the players that were using the EBT apparently checked with their accountant/lawyer/FA, who all told them they were fine. And they were, completely legal from that point of view. It was really up to Rangers, the club/company to let the SPL know it was happening, as well as letting the players and their agents know that declaring it to the SPL was a requirement.
You are banghead. total waste of time trying to explain this to the great unwashed

Robsti

12,241 posts

205 months

Thursday 4th October 2012
quotequote all
Can someone explain to me why the receivers sold oldcorangers without putting all the assets up for sale to try and get the best price for the creditors or is that all it was worth?
And if the club still lost over £4 million while under their stewardship why did they not just close the doors so that some money would have been retained for the creditors instead of running up a £3 million bill for their services which will come off the sale price before the creditors get a sniff?




gowmonster

2,471 posts

166 months

Thursday 4th October 2012
quotequote all
Robsti said:
Can someone explain to me why the receivers sold oldcorangers without putting all the assets up for sale to try and get the best price for the creditors or is that all it was worth?
And if the club still lost over £4 million while under their stewardship why did they not just close the doors so that some money would have been retained for the creditors instead of running up a £3 million bill for their services which will come off the sale price before the creditors get a sniff?
well, they are in it for money biggrin

it did strike me as unusual as to why the assets didn't get offered around, but I guess, they did kinda do the register your interest think which could be seen as that.

As it is, the oldco still hasn't been liquidated, so in comparison we are in a in same situation as Leeds United were and they kept their history etc.

Terzo123

4,302 posts

207 months

Thursday 4th October 2012
quotequote all
simonjunior831 said:
And who would hey go after. As you celtic minded keep telling us we are a NEW club. So old co is only place they could go.
You could say the same for Sevco fans

Shamelessly stolen from elsewhere but fairly appropriate.

Debt? We're Newco.
Titles? We're Oldco.
Punishment? We're Newco.
History? We're Oldco.
EBTs? We're Newco.
SFA Licence? Oldco.

gowmonster

2,471 posts

166 months

Thursday 4th October 2012
quotequote all
Terzo123 said:
You could say the same for Sevco fans

Shamelessly stolen from elsewhere but fairly appropriate.

Debt? We're Newco.
Titles? We're Oldco.
Punishment? We're Newco.
History? We're Oldco.
EBTs? We're Newco.
SFA Licence? Oldco.
The Club Plays the Football, The Business deals with the money.

Debt? Company
Titles? Club
Punishment? Company
History? Club
EBTs? Company
SFA Licence? Club

Terzo123

4,302 posts

207 months

Thursday 4th October 2012
quotequote all
gowmonster said:
The Club Plays the Football, The Business deals with the money.

Debt? Company
Titles? Club
Punishment? Company
History? Club
EBTs? Company
SFA Licence? Club
Ha ha Brilliant. Your post sums up exactly what the Sevco waltz was on about.

Absolutely no shame.

simonjunior831

133 posts

138 months

Thursday 4th October 2012
quotequote all
ahhh still the obsessed lurk.......

gowmonster

2,471 posts

166 months

Thursday 4th October 2012
quotequote all
Terzo123 said:
gowmonster said:
The Club Plays the Football, The Business deals with the money.

Debt? Company
Titles? Club
Punishment? Company
History? Club
EBTs? Company
SFA Licence? Club
Ha ha Brilliant. Your post sums up exactly what the Sevco waltz was on about.

Absolutely no shame.
What have I done to be shameful about?
Did Charles Green buy the assets of the old company or the debts?

Terzo123

4,302 posts

207 months

Thursday 4th October 2012
quotequote all
gowmonster said:
What have I done to be shameful about?
Did Charles Green buy the assets of the old company or the debts?
Was not talking about you personally, more the old rangers support as a whole.

It appears Charles Green wants it all, but with none of the negatives.

I've said numerous times on this thread, I'm more than happy for Rangers to continue. If they want to start as a new company with no sanctions, then they start at the bottom with a fresh history. If they want the history and all the old companies trimmings, then they have to accept the debt and sanctions. It would appear they want it all, minus the bad points, and to hell with the rest of Scottish football.

The phone ins tonight have Rangers fans praying for other Scottish clubs to go to the wall. It was their club that caused this mess. With absolutely no shame they try and blame it on the other clubs and wish ill will towards them.

It is this kind of attitude from Rangers fans that united the rest of Scottish football against them.

Robsti

12,241 posts

205 months

Thursday 4th October 2012
quotequote all
gowmonster said:
Robsti said:
Can someone explain to me why the receivers sold oldcorangers without putting all the assets up for sale to try and get the best price for the creditors or is that all it was worth?
And if the club still lost over £4 million while under their stewardship why did they not just close the doors so that some money would have been retained for the creditors instead of running up a £3 million bill for their services which will come off the sale price before the creditors get a sniff?
well, they are in it for money biggrin

it did strike me as unusual as to why the assets didn't get offered around, but I guess, they did kinda do the register your interest think which could be seen as that.

As it is, the oldco still hasn't been liquidated, so in comparison we are in a in same situation as Leeds United were and they kept their history etc.
The whole point of administrators is to maximise the amount of money they can get for the creditors and in my view this has not happened.

ninja-lewis

4,222 posts

189 months

Thursday 4th October 2012
quotequote all
gowmonster said:
The Club Plays the Football, The Business deals with the money.

Debt? Company
Titles? Club
Punishment? Company
History? Club
EBTs? Company
SFA Licence? Club
Except SFA and UEFA rules make no distinction, the club and company are the one and same (as the club isn't a legal entity):

SFA rules said:
“National Club Licensing applies to Scottish FA member clubs”

“Definition of the Club: The club is a full member and/or an associate member of the Association and the expression “membership” shall be construed accordingly.”

“All SPL, SFL and SHFL clubs, as members of the Scottish FA, are subject to Club Licensing and are bound by its requirements.”

“Licence Applicant: 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).”
UEFA definition of a club said:
“Legal entity fully and solely responsible for the football team participating in national and international club competitions which applies for a licence.”
That's why The Rangers can't play in Europe for 3 years - as far UEFA are concerned you don't have 3 years of accounts. It's the same reason why they had to twist the rules to let you into the SFA by transferring the old Rangers Football Club membership.

By rights, The Rangers should not have been granted SFA membership. They should have been told to go away, join one of the football associations in Scotland (Welfare, Amateur, Junior) and come back in three years with three years accounts.

150bhp

904 posts

171 months

Saturday 6th October 2012
quotequote all
Stirling Albion 1-0 Rangers rofl

stevoknevo

1,672 posts

189 months

Saturday 6th October 2012
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simonjunior831

133 posts

138 months

Sunday 7th October 2012
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stevoknevo said:
yip fking clueless rolleyes

ViperPict

10,087 posts

236 months

Sunday 7th October 2012
quotequote all

6 games in and 4th in the 3rd Div, beaten by the bottom team. Karma.

simonjunior831

133 posts

138 months

Sunday 7th October 2012
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ViperPict said:
6 games in and 4th in the 3rd Div, beaten by the bottom team. Karma.
feek off

gowmonster

2,471 posts

166 months

Sunday 7th October 2012
quotequote all
Absolutely shocking and definitely not good enough, a laughing stock if we weren't already. I Fear another result like that and McCoists job could be on the line.

truly is bizzare that they can play well in front of a high pressure crowd but when left to it on the road they fall apart.

I suspect they need to play ugly football on the road and perhaps let the younger ones have a go as the regulars obviously aren't cutting it away, They don't seem to get that the small teams play their hearts out against us and we give them too much respect, it should be us scoring early and controlling the game.


frank hovis

455 posts

263 months

Sunday 7th October 2012
quotequote all
As much as I really don't like rangers I fear they have the Aberdeen syndrome , going to much lower league team , thinking they deserve a win and struggling as the lower league teams are well up for it .

It's going to be a tough year and injury problems have yet to start

Not sure if chucky green can bullet McMoist , did Sally not put cash in to Chucks constoruim ?

gowmonster

2,471 posts

166 months

Sunday 7th October 2012
quotequote all
frank hovis said:
As much as I really don't like rangers I fear they have the Aberdeen syndrome , going to much lower league team , thinking they deserve a win and struggling as the lower league teams are well up for it .

It's going to be a tough year and injury problems have yet to start

Not sure if chucky green can bullet McMoist , did Sally not put cash in to Chucks constoruim ?
Of course he can, but who exactly would want to take on the job? bring Walter back?

frank hovis

455 posts

263 months

Sunday 7th October 2012
quotequote all
Smiffy wouldn't touch that job I think , no budget to buy doesn't suit Smiffy

Only person I can think would jump at the chance is Tango Man Jimmy Calderwood .

Was never a fan of tango when he was at pittodrie , too negative alot of the time and liked hoof ball which is sometimes what you need to progress

Either that or Kenny Shiels
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