Fair Play at FIFA?

The following post comes about as a result of the research and work put in by Auldheid.

He has drafted the submission to FIFA detailed below after closely looking at their rules, and taking on board the points contained in the Glasnost “Golden Rule” blog. TSFM has attached the blog’s name to the report since the overwhelming – but not unanimous – view of our readership is that the SFA and the SPL have again gotten themselves into an almighty and embarrassingly amateur fankle over this issue.

We believe that tens of thousands of football fans will be lost to the game if the outcome of the LNS enquiry is not perceived to be commensurate with the scope and extent of the rule breaking that LNS found had taken place. In view of this, we believe that we have to do what we can to explore all possibilities for justice for those who love the game so much and yet are utterly disillusioned by recent events.

LNS is not being questioned here. He has found that RFC were guilty as charged by the SPL.

What is being questioned is the SFA’s crucial – and seemingly conflicted  – role in the LNS enquiry, as is the effectiveness of LNS’s recommended sanction as either a deterrent or an upholder of sporting integrity.

It came to our notice last week that FIFA have created a web site at

https://www.bkms-system.net/bkwebanon/report/clientInfo?cin=6fifa61&language=eng

that tells us that FIFA have implemented a regulatory framework which is intended to ensure that all statutory rules, rules of conduct and internal guidelines of FIFA are respected and complied with.

In support of that regulatory framework FIFA have set up the above site as a reporting mechanism by means of which inappropriate behaviour and infringements of the pertinent regulations may be reported.

FIFA say that their jurisdiction encompasses misconduct that (1) relates to match manipulation; (2) occurs in or affects more than one confederation, so that it cannot adequately be addressed by a single confederation; or (3) would ordinarily be addressed by a confederation or association, but, under the particular facts at issue, has not been or is unlikely to be dealt with appropriately at that level.

Discussions arising from the previous blog on TSFM, “Gilt Edged Justice”, which was published after Lord Nimmo Smith (LNS) ruled on the registration of Rangers players who had contractual side letters that were not disclosed to the SFA as part of their registration, suggest that there may be possible unfortunate consequences for football arising from the evidence presented by the SFA to the LNS enquiry that informed its findings on registration and consequent eligibility. There is also a question of the propriety of the SFA providing evidence on an issue which could have had a negative impact on them had it been found that they had failed to carrying out their registration duties with due rigour over a period of ten years when the existence of EBTs was known to officials within the SFA.

On the basis that the LNS findings require that registration rules be clarified by FIFA and rewritten globally if necessary to remove any ambiguity and under clause 3 above, this appears to be an issue that the FIFA should examine and that the SFA cannot address.

The following report has therefore been submitted by TSFM on behalf of its readers to FIFA drawing on the content and debate following the “Gilt Edged Justice” blog in respect of the possible footballing consequences of the LNS enquiry.

The hope is that by speaking for so many supporters, FIFA will give the TSFM submission some weight, but individuals are free of course to make their own points in their own way.  We await acknowledgement of the submission.

The report Submitted to FIFA is as follows;

This report was prepared on behalf of the 10,000-strong readership of The Scottish Football Monitor at http://scottishfootballmonitor.wordpress.com/
It is our belief that FIFA general rules of conduct were breached by the SFA and their employees in both creating and then advising The Lord Nimmo Smith (LNS) enquiry into the non disclosure of full payment information to the Scottish Football Association (SFA) by Rangers F.C during a period of player registration over 10 years from 2000.

We believe that although the issue has been addressed by the SFA the particular facts at issue suggest that it has not been dealt with appropriately and we therefore ask FIFA to investigate. The facts at issue are that the process and advice given failed to uphold sporting integrity, and that a conflict of interest was at play.

We believe the advice provided and the enquiry set up, where SFA both advised and is the appellant body, breaches not only the integrity the registration rules were intended to uphold, but also totally undermines the integrity of the SFA in breach of General Conduct rules 1, 2 and 4. (See below.)

1.  Firstly we believe that the advice supplied to LNS that an incorrectly registered player was eligible to play as long as the registration was accepted by the SFA however unwittingly, undermines the intent of the SPL/SFA rules on player registration and so undermines the integrity of football in three ways.

• It incentivises clubs to apply for a player to be registered even if they know that the conditions of registration are not satisfied, in the hope that the application will somehow ‘slip through the net’ and be granted anyway (in which case it will be valid until revoked).

• A club which discovers that it has made an error in its application is incentivized to say nothing and to ‘let sleeping dogs lie’ – because it would be in a better position by not confessing its mistake.

• And most importantly, it incentivises fraud.  By deliberately concealing relevant information, a club can ensure that a player who does not satisfy the registration conditions is treated as being eligible – and therefore allowed to play – for as long as a period as possible (potentially his entire spell with the club). Then, if the club is no longer around when the deception is finally discovered, imposing meaningful sanctions may be impossible.

2.   Secondly we believe the process followed was inappropriate due to a Conflict of Interest. Had the LNS enquiry not ruled on the basis of advice supplied by The SFA, they and those persons advising the LNS enquiry, could have been subjected to censure and the SFA to potential compensation claims had LNS found that the players were indeed ineligible to play and results then been annulled as was SFA practice when an ineligible player played.

3.  Finally we contend that a law should not be applied according to its literal meaning if to do so would lead to an absurdity or a manifest injustice or in this case loss of football integrity.
See http://glasnostandapairofstrikers.wordpress.com/2013/03/07/gilt-edged-justice/

4. We therefore ask FIFA to investigate both the process used and advice given to Lord Nimmo Smith to satisfy themselves that FIFA’s intentions with regard to upholding the integrity of football under FIFA rules have not been seriously damaged by the LNS findings and also to reassure Scottish football supporters that the integrity of our game has not been sacrificed by the very authority in whose care it has been placed to promote the short term cause of commercialism to the games long term detriment.

General Rules of Conduct (These are taken from the FIFA web site itself and can be found as part of completing the submission process)

1. Persons bound by this Code are expected to be aware of the importance of their duties and concomitant obligations and responsibilities.

2. Persons bound by this Code are obliged to respect all applicable laws and regulations as well as FIFA’s regulatory framework to the extent applicable to them.

3. N/A

4. Persons bound by this Code may not abuse their position in any way, especially to take advantage of their position for private aims or gains.

This entry was posted in General by Trisidium. Bookmark the permalink.
Tom Byrne

About Trisidium

Trisidium is a Dunblane businessman with a keen interest in Scottish Football. He is a Celtic fan, although the demands of modern-day parenting have seen him less at games and more as a taxi service for his kids.

4,057 thoughts on “Fair Play at FIFA?


  1. Araminta Moonbeam QC says:
    Thursday, April 11, 2013 at 13:37

    To continue the Watergate motif, perhaps Mr Green is going on Rangers TV to announce that he is not a crook?


  2. chipsandblog says:

    Wednesday, April 10, 2013 at 09:47

    re Dunfermline, 2 questions

    1. How did a club the size of Dunfermline manage to run up a debt of nearly 12 million. I do not know their turnover but it must be the equivalent of Celtic running up a debt of 300 million.

    2. I thought I read that most of the debt was owed to the club directors. If that was the case why not just right it off and reduce the running and playing costs at every opportunity going forward.

    Not sure if this has been answered, but IMO the answers to 1 are among the following:

    a) Chasing the dream – spending 140%+ of turnover on wages without getting the crowds

    b) Having to spend millions on stands that will sit empty most games

    c) Gambling and losing on an early return to the SPL upon relegation

    d) Simple mismanagement

    e) The recession – who is making money in Scottish football these days?

    f) Being a “yo-yo” club

    g) the plastic pitch fiasco

    As for 2 – essentially that is being done, but we’re still running at a loss (see reasons d) and e) above).


  3. McCaig`s Tower says:
    Thursday, April 11, 2013 at 14:01

    “1. How did a club the size of Dunfermline manage to run up a debt of nearly 12 million. I do not know their turnover but it must be the equivalent of Celtic running up a debt of 300 million.”

    Google Gavin Masterton


  4. scapaflow14 says:
    Thursday, April 11, 2013 at 13:59
    0 0 Rate This
    Araminta Moonbeam QC says:
    Thursday, April 11, 2013 at 13:37

    To continue the Watergate motif, perhaps Mr Green is going on Rangers TV to announce that he is not a crook?
    =======================

    When this is proved incorrect he’ll say that what he actually said was “I am not a cook” which could in fact be true.


  5. TRFC in Actual Link-Up With Juventus Shocker!

    A selection of second-string Italian U-19s apparently to be shipped off to Glasgow to undergo training in not crossing oneself when taking the field of play … orcs unimpressed by surname of Vincenzo PIRA. 🙂

    “Four players from Juventus’ Berretti Squad will arrive in Glasgow next week for a two week training session with Rangers with a view to the Scottish side getting them on loan next season.

    Defenders Federico Crepaldi & Alessandro Degrassi will join midfielder Stefano Pellini and striker Vincenzo Pira in what is the first sign of life in the Rangers/Juve youth agreement.

    The Berretti squad is made up of players aged 19 and under and is seen as the 2nd team to the Primavera squad, which showcases the Italian side’s finest youth prodigies aged up to 20.”


  6. Tic 6709 says:

    Thursday, April 11, 2013 at 12:56

    Quantcast
    vThe Mongoose

    Ian Durrant

    True Blue

    698 posts
    Gender:Male
    Location:Glasgow

    Posted Today, 11:34 AM

    If you check out my posts you will see that I am a pretty positive guy and hope I am wrong with this latest ‘Rumour’ that is starting to spread
    Apparently there is going to be a Huge Announcement from Rangers this afternoon at 3pm. We are winding up again for another administration. Green has more or less admitted Whyte is still running Rangers and wants out.
    There will be a MVL (Members Voluntary Liquidation) which means that anything over a million that’s not having an investments returned. The share issue as an example.Walter Smith is trying to rebuild the Blue Knights n Parks PLC to buy out Green & Whyte once and for all.
    As I say only rumour
    Hope its Bullshit

    ========================

    I dont.
    _______________________________________

    And there was me, just going to point out that it had been a Good News Day for TRFC, so far! That is, if you accept that ‘no news is good news’ 😉 I was going to add, though, that it might be better if Green was in the Sky studio spouting off all sorts on nonsense, for at least then the bears would know where he is/was, but when you can’t see him, he’s probably somewhere cooking up all sorts of ‘get out with the swag’ plans, or fending off angry institutional investors. Or, of course, he could now be discussing with his pet Traynor how to announce this rumoured Members Voluntary Liquidation event, while at the same time, stiffing those very same members!

    On another track, though linked, I wonder how a ‘Voluntary’ liquidation would affect their points total, would they be deducted points, and if so, how many? I doubt the possibility of this form of liquidation could have been anticipated and, therefore, no specific reference made in the SFL rules. Cue the ‘it’s not an insolvency event’ cries from Hampden, merely a capitalisation of excess funds, so no points lost! Or some similar excuse to ensure they are still champions.


  7. Any Dunfermline folks here aware of the creditors situation at EEP?

    What’s the quantum (© Blue Kiniggitts) of HMRC debt, small creditors etc?


  8. I would have thought any announcement today would be more likely to centre on resignations or suspensions


  9. willmacufree says

    The last thing I’d want to do is get all Thatcherite here, but what do sports journalists actually do to pass their 35 or whatever hours a week?

    They can only be at one game at a time, so maybe 3 a week at most (that’s if they do actually go to a game), and they don’t seem to do any deep research / investigatory / journalistic research,.. or maybe its written but not published.

    Any ideas about what they really do?

    The succulent lunches can’t last too long can they?


  10. Captain Haddock says:
    Thursday, April 11, 2013 at 14:24

    The last thing I’d want to do is get all Thatcherite here, but what do sports journalists actually do to pass their 35 or whatever hours a week?

    The succulent lunches can’t last too long can they?
    ————————————————————-
    Taxi drivers are reputed to have to study hard to do ‘the knowledge’ before they are allowed to have a taxi. Scottish football journalists have to study just as hard to do ‘the ignorance’ before being let loose in print.


  11. angus1983 says:

    Thursday, April 11, 2013 at 14:22

    Quantcast
    This is a cracking photie:

    http://willievass.photoshelter.com/gallery-image/100413-Rangers-v-Linfield/G0000NDE_nsdggpE/I0000ZEPsIbAZ1VE/C0000qJMjARBFTPU

    Aside from the earnest protester, some of these gentlemen were presumably watching the game – rather than apparently sleeping / texting / checking out some talent to their left with their mate, etc.
    ______________________________

    It certainly sums up the joy of following TRFC!


  12. willmacufree says:
    Thursday, April 11, 2013 at 13:58

    But where are the publish and be damned editors and reporters who’ll bring the Wild West of oor bonny wee country into the modern era? Somebody has to lead. Easier said than done I know.
    —————————————————————————————————————————

    There are no Reporters who can publish and be damned because they don’t have that power which used to reside with Editors who made the decision on the basis of good investigative exclusive stories which could and would challenge the Establishment.

    There was then a period began where many Editors wanted to be part of the Establishment and the main aim, especially in later years of the job, was to look towards achieving political patronage for a knighthood. This wasn’t just for the baubles but more for power and the fact that they just couldn’t perceive a life beyond editorship and the virtually absolute power it gave them.

    Most editors actually start-off listening and have some degree of approachability. Then they start to think they are God and this mania slowly increases. Eventually, and this is the scariest period, they know that they are God. This phase doesn’t last too long thankfully and they are put out to grass and the whole cycle starts again at a publication.

    Then we had the era of filling papers with celebrity cr*p and when we thought it couldn’t get any worse we discovered the Z-list and that truly was the end and circulations began to fall.

    This has created the rise of the editors who are no longer judged on circulation but the profit they can squeeze out of an ever more tawdry product that each year fewer people buy or believe. The only way to increase profit is by savage cost-cutting which means getting rid of a lot of the best journos and replacing them with cheap inexperienced labour and all the while Editors are praying that the internet pay-wall will save their jobs.

    The newspaper industry is in terminal decline and there will be no attacks on advertisers or sponsors or indeed anyone such is the stultifying effect of ‘networking’. And of course the state of journalism can best be judged by the amount of PR pap which is shovelled straight into newspapers with no scrutiny let alone questions asked about the garbage being peddled. There are very few of the old school journos left and many of them are clinging on purely for the sake of trying to reach pensionable age – they will not and cannot rock the boat.

    Even many of the great campaigning local weekly papers have all but switched the lights off.

    So there will not be any leadership as there are no leaders and nobody cares within the industry and any that do know better than to rock a very leaky boat as it will only hasten their own demise. That I am afraid is the reality and what is needed is a Huffington Post type of collective covering Scotland with a subscription-base where ‘real’ journalism can be grown and encouraged.

    The old model is useless and will either die during its slumbers or require euthanasia before it gets much worse and creates even bigger obstacles to the creation of a modern and open Scottish society where the badyins will be exposed by a courageous Press without fear or favour so that the people of our wee land can learn the truth – they deserve no less!


  13. TommyinGlasgow suggesting McCoist about to resign. resignhttps://twitter.com/tommyinglasgow/status/322338945700601856/photo/1


  14. According to the Twitter, Evening Times suggesting something about McCoist hiring bouncers/bodyguards? Can any Weeg based contributors confirm?


  15. There are more plots in this sorry SAGA than a Glasgow Corporation Graveyard. Everything that has been buried may be dug up and it’s all going up in smoke now. 🙂


  16. Certainly more excitement on here now compared to the Angus photo of the Linfield game.Do they hand out Mogadon at the turnstile?


  17. 1. areyouaccusingmeofmendacity says:
    Thursday, April 11, 2013 at 13:11
    Just reading the bit about Green supposedly giving it ‘No Surrender’ in his interview from a few months back. The most intetesting bit about this is not that he said it, but that the interviewer chose to sit on it for this length of time…..

    _______________________

    No supposedly about it…. I heard it loud and clear the other day and almost dropped my breakfast….

    It was on a clip of an interview played on SSB the other night…I think it was mentioned as being “from some time ago” but nothing more specific from memory.

    Like you, my first thoughts were:

    When the f**k did he say this?
    Why are we only hearing about it now?
    Any what were the motives in keeping this buried until now?

    I am fairly sure that these wise words from Chuckie and the end of this particular interview were never broadcast previously…..

    I could be wrong on that so can anyone clarify?

    If I recall it went something along the lines of…

    ”…and if I can just give one more message to all the Rangers fans out there….No Surrender…”

    If I can find this I will post the audio….almost beggars belief….


  18. Araminta Moonbeam QC says:
    Thursday, April 11, 2013 at 15:05

    Trad 4 fingers or chunky ?


  19. Phil MacGiollaBhain @Pmacgiollabhain 32m
    To various. I have no info on any rumoured press conference
    this afternoon at Ibrox.#SevcoFiasco


  20. Chunky. Coconut limited edition. What the hell, it felt like that kind of day…


  21. carlislecelt says:
    Thursday, April 11, 2013 at 15:04
    Anything happening yet, it has turned 3pm?

    Araminta Moonbeam QC says:
    Thursday, April 11, 2013 at 15:05
    15:05. Nowt. And I’ve finished my KitKat.

    —————————————————————————————

    Brenda, has the clock stopped again?


  22. Araminta Moonbeam QC says:

    Thursday, April 11, 2013 at 14:40

    According to the Twitter, Evening Times suggesting something about McCoist hiring bouncers/bodyguards? Can any Weeg based contributors confirm?

    ==========================

    It’s about the pieman wanting to sign experienced players to mentor the youngsters.The expression used was minders.


  23. Thanks Tic, found it on the ET website. Usual moonbeams nonsense then.


  24. Rabo Karabekian says:

    Thursday, April 11, 2013 at 14:21

    Any Dunfermline folks here aware of the creditors situation at EEP?

    What’s the quantum (© Blue Kiniggitts) of HMRC debt, small creditors etc?

    I don’t have inside track. From a mixture of public pronouncements and guesswork, I think the quanta are roughly as follows:

    HMRC £134k
    Other trade creditors £550k
    Ex Directors (excluding the Masterton companies) £1.5m
    Mastertons (personal and corporate) £9m


  25. Predictably nowt happened at 3.00pm, not suprised.


  26. BTW if it all ended TU (tits up) and Sevco find themselves liquidated again the Lazarus of Scottish Football would have achieved another World record. First team to win a division in their first season and go bust


  27. It has to be a Tunnock’s Caramel Wafer at three for me.

    (He says waiting on a load of biscuit related puns and posts)


  28. “One banner read “Green Out”. ”

    Surely the Evening Times aren’t referring to the balloon writing on A4 from the pic Angus posted?


  29. McCaig`s Tower says:
    Thursday, April 11, 2013 at 15:12
    0 0 Rate This
    Rabo Karabekian says:

    Thursday, April 11, 2013 at 14:21

    Any Dunfermline folks here aware of the creditors situation at EEP?

    What’s the quantum (© Blue Kiniggitts) of HMRC debt, small creditors etc?

    I don’t have inside track. From a mixture of public pronouncements and guesswork, I think the quanta are roughly as follows:

    HMRC £134k
    Other trade creditors £550k
    Ex Directors (excluding the Masterton companies) £1.5m
    Mastertons (personal and corporate) £9m
    ————

    Cheers McCaig,
    If the ex-directors wrote off their loans things would look better. Has there been talk of that? Was also wondering if the ruling regarding Fratton Park might have any bearing on EEP in any eventual fan buy out.


  30. Did any of the following mention biscuits:-

    A McC ( Garibaldi )
    C.G. ( Anything made by Fox’s )
    T.G.E.F. (Wagon Wheels)
    J T (Hobnob)


  31. smartie1947 says:
    Thursday, April 11, 2013 at 15:30

    Did any of the following mention biscuits:-

    A McC ( Garibaldi )
    C.G. ( Anything made by Fox’s )
    T.G.E.F. (Wagon Wheels)
    J T (Hobnob)

    ++++++++++++++++++++++++++

    All of the above – Jammy Dodgers


  32. smartie1947 says:
    Thursday, April 11, 2013 at 15:30

    Did any of the following mention biscuits:-
    ———————————-

    Charles has just got to be the Aldi biscuit – Wacko


  33. Re the recent share trades:

    The one for 14,228 looks like a fan with an initial £10K investment bailing out before he loses too much more.
    Yesterday’s trade for 714 shares is similar but with an initial investment of £500

    The “Buy” of 1225 shares is marked as “UT” or “Uncrossing Trade”. The following link gives an explanation of what that is http://www.jargon-free.com/auction-and-ut-trades/68/

    My reading of the article is that it is either a tidy up of spare shares floating around or an effort to stabilise the price.


  34. Just a couple of points on various suppositions aired on here today.

    Lloyds – forget any involvement of the bank here. In the overall scheme of things, £18m was neither here nor there. They are not and never will be part of the focus here (though their role in bankrolling Murray deserves and,I suspect, will get further illumination from investigative reporters)

    BDO – from some of the comments on here recently, BDO are portrayed as a cross between Sherlock Holmes, Father Brown & Bob Woodward. They are none of these things.
    They have only three goals, to get as much cash back for HMRC, to ascertain if in its descent into liquidation the club’s officers were in any way culpable & may have broken the law and to get their own fees paid.
    The last point is instructive; they do not have the time, money, resources or inclination to go beyond their brief.
    The liquidation process will last years but its scope will never extend beyond that outlined above.


  35. Just to put us back in liquidation mode; most insolvency events, I believe, are usually announced on a Friday, with the banks and stock exchange closed for the weekend, it gives the administrators/liquidators time to get on with things – and the bad guys time to get out of town…


  36. I’m sure we had a biscuit pun session on RTC or earlier on TSFM. On a more serious note I can’t foresee anything much happening now today, the nonsense rumour mill has taken over. As for the numpty with A4 “Green Out” at Ibrokes you have got to hand it to him, he is making a stand but possibly not with support from his friends. I can state that as fact because he could have gone for A3 if he had a mate who agreed with him and he could have helped him hold it up. 🙂


  37. Don’t know whether to laugh or cry:

    Barold Hatchback MBE‏@Sir_Barold27m
    Bit of a damp fecking squid today.

    Phil MacGiollaBhain‏@Pmacgiollabhain5m
    @Sir_Barold Patience young man


  38. chipm0nk says:

    Thursday, April 11, 2013 at 13:26

    Auldheid (@Auldheid) says:
    Thursday, April 11, 2013 at 13:21

    Borrowed from whom.

    They had already gone to Wonga and spent that money. Who would have covered potentially £17m per year based on the hope of CL income and at what rate of interest / arrangement fees.

    Certainly not any high street institution.
    +++++++++++++++++++++++++
    They could have gone back to Ticketus and said fancy buying CL tickets for three home games with EC option for more? You are guaranteed your money back and it will keep bums on seats for at least another season.

    Bums on seats is/was the only way Ticketus can/could get their money back. Insolvency was unlikely to ever be a part of their thinking.


  39. slimshady61 says:
    Thursday, April 11, 2013 at 15:57

    It takes a village. Or in this case, the various civil cases, BDO, Police investigations and really brave investigative journalism. The pesky kids can do their bit, a bit of bravery from the footballing authorities wouldn’t go amiss…..


  40. Not news but biscuit related

    ‘Taxi’ for Green

    and of course for the oldies amongst us

    Bandits


  41. scapaflow14 says:
    Thursday, April 11, 2013 at 15:44
    2 0 Rate This
    smartie1947 says:
    Thursday, April 11, 2013 at 15:30

    Can you still get Yorkie bars?
    ———————————————–

    Fudge springs to mind


  42. Captain Haddock says: Thursday, April 11, 2013 at 14:24
    (reply to: willmacufree says)

    The last thing I’d want to do is get all Thatcherite here, but what do sports journalists actually do to pass their 35 or whatever hours a week?
    They can only be at one game at a time, so maybe 3 a week at most (that’s if they do actually go to a game), and they don’t seem to do any deep research / investigatory / journalistic research,.. or maybe its written but not published.
    Any ideas about what they really do?
    The succulent lunches can’t last too long can they?
    —————–
    One thing they do, or used to at any rate, is make very decent money. I’ve known three or four, going back to the 60s/70s one from school, others from bar stools.

    One was the finest person you’ll ever meet. He was active in the NUJ. Another produced his Monday piece by reading the Sundays, changing it a bit, and putting his own style on it. A third spent his time preventing another scribbler from using his desk ‘phone which was at that time apparently a status symbol in the industry, proof that you had arrived. None of them knew a lot about football. But then I suppose they said the same about me. It’s that kind of game.

    Apart from that I haven’t a clue. I must say I’ve never fancied sitting in front of a blank sheet of paper and having to put a thousand or more words on it in a couple of hours’ time. Back to you Cap’n for your take.

    (Just read TW’s offering, “the ignorance test”, terrific. Beat that!)


  43. Auldheid (@Auldheid) says:
    Thursday, April 11, 2013 at 13:11
    11 0 Rate This
    chipm0nk says:

    Thursday, April 11, 2013 at 13:05

    I think going out of the CL early doors was a major and unforeseen contributing factor.
    ==================================================
    Only in terms of the timing of the liquidation.

    Going out of Europe early probably cost them around £7m – £10m – they went bust with debts of around £14m. With the BTC & the Ticketus deal hanging over them, no-one (including Whyte) would have put more than 100p into the club.

    Once the European dream was over, Rangers simply had no business plan or access to a line of credit that would have enabled them to see out the season without trading whilst insolvent.

    And even if Rangers had got through to the Champions League group stage AND Jelavic had been sold for £10m, all it would have done is defer the day of reckoning to the close season. And even then, if they had somehow managed to start the following season (i.e. this one), by dint of the Ticketus deal, they would have had to cope with around £7m less in ST sales and a poorer quality squad.

    Only liquidation could completely crystallize debt from the Ticketus deal – debt that could then be written-down by an insolvency practitioner.

    In my view, when Craig Whyte signed the Ticketus deal, the club was as good as dead. It would have been obvious to everyone involved in that deal (or it least should have been) that liquidation was inevitable thereafter.


  44. Compare and contrast the SFA’s handling of RFC’s non payment of Cup ticket money to Dundee Utd and Dunfermlin’s non payment to Hamilton

    Dunfermline excluded from the Scottish Cup until they pay Hamilton debt

    STV 11 April 2013 16:44 BST

    Dunfermline Athletic will be excluded from next season’s Scottish Cup unless they pay outstanding ticket money owed to Hamilton Academical.

    The Pars, who entered full administration on Thursday, owe their fellow First Division side around £6,000 from their fifth round tie which took place in February this year.

    Hamilton won the match 2-0 to progress to the next round of the competition.

    The punishment was handed out at a Scottish FA tribunal with the club found guilty of breaking rule Rule 320 (Failure to adhere to the Scottish FA’s Cup Competition Rules by failing to pay Hamilton Academical FC the club’s share of the receipts for the above match under Rule 46 (c)(3) and (e) of the said Cup Competition Rules).

    An SFA statement read: “Exclusion from the Scottish Cup until the debt it paid in full with no imposition of fine but a severe censure given.”


  45. I must say I was expecting some dramatic movement in the share price but they remain fairly static. The only way is down obviously


  46. bill 1903,
    Re the share price: It has dropped from 90p+ to below 70p in three months. That is actually a spectacular fall. Remember that many major shareholders are tied in for another month or two before they can sell.


  47. bill1903 says:
    Thursday, April 11, 2013 at 17:10
    0 0 Rate This
    I must say I was expecting some dramatic movement in the
    share price but they remain fairly static. The only way is down
    obviously
    ~~~~~~~~~~~~~~~~
    Share prices can go up as well as down. Past performance should not be used as a guide to future performance…

    …on the other hand…


  48. easyJambo says: Thursday, April 11, 2013 at 17:09

    Compare and contrast the SFA’s handling of RFC’s non payment of Cup ticket money to Dundee Utd and Dunfermline’s non payment to Hamilton
    ====================================
    Perhaps it’s an indication that the SFA view “The Rangers” as a completely new club and not a continuation of the old one.

    Nah!


  49. easyJambo says:
    Thursday, April 11, 2013 at 17:09
    15 0 i Rate This

    Compare and contrast the SFA’s handling of RFC’s non payment of Cup ticket money to Dundee Utd and Dunfermlin’s non payment to Hamilton
    =======================================================================

    You beat me to it.

    That is exactly what it is. The same reason they weren’t given prize money and the same reason they weren’t seeded, the same reason they weren’t in Europe.


  50. If people follow me on Twitter then my hints are hardly subtle. I would hate to be working in the PR side of things for TRFC now. #Seriously


  51. bangordub says:
    Thursday, April 11, 2013 at 17:19

    It is not that spectacular for an AIM share. I dabble myself and Rangers shares, though drifting downwards, have gone down gently. There has been no stampede, yet.


  52. Don’t worry, Phil – TRFC have one of the finest minds in Scotland co-ordinating their PR, surely? Oh…


  53. Phil, a few on here have been wary of late with regard to some of your hints etc.

    Hope like JT appointment and Orlit there is some fire to go with the smoke.

    PS any word on Orlit being that the claim for cash was not denied by T’Rangers but it clearly has gone quiet as to what the outcome, if any, was?


  54. Re the sanction against Dunfermline: I looked back at the tribunal decision made by Gary Allan QC against RFC in April 2012 (like DAFC they were in Administration at the time)

    2 Notice of Complaint against Rangers FC 5th February 2012

    Charges:
    (1) Disciplinary Rule 325 (By failing to pay to Dundee United FC, on the day of the above match, monies due under Rule 46©(3) and (e) of the Scottish FA’s Cup Competition Rules; being Dundee United FC’s share of receipts for the above match.) and

    (2) Disciplinary Rule 325 (By failing to pay to the ScottishFA, within three days of the above match, monies due under Rule 46©(1) of the Scottish FA’s Cup Competition Rules; being the Scottish FA’s levy on admission charges for the above match.)

    Findings:
    1 The Tribunal held that it was proven upon a balance of probabilities that Rangers FC were in breach of Disciplinary Rule 325 as specified in the complaint.

    2 The Tribunal held that it was proven upon a balance of probabilities that Rangers FC were in breach of Disciplinary Rule 325 as specified in the complaint.

    Sanctions
    1 Breach of Disciplinary Rule 325: Proven The Tribunal imposed a censure.

    2 Breach of Disciplinary Rule 325; Proven The Tribunal imposed a censure.

    =========================
    Absolutely shocking inconsistency from the SFA and their Tribunal !!!


  55. Sevco (must keep referring to them as that) losing £1.8m/month. No wonder they had to arrange last nights rash, gash, sash, bash, cash flop.


  56. Phil

    Re the jigsaw and the bad place for SEVCO

    Are we talking about the seventh level of Hades? Will there be a rising of the dead?


  57. “Half year accounts” “£10 million”
    ———————————————————-
    Does the term promissary notes have any reference ?


  58. Phil MacGiollaBhain (@Pmacgiollabhain) says:
    Thursday, April 11, 2013 at 18:17
    7 1 Rate This
    The Orlit issue hasn’t went away. Those folks want their money.

    ==========

    then why did they not present their WUP to the court of session?

Comments are closed.