Where now for the Judicial Panel Protocol?

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CW says: September 7, 2012 at 19:09 ==================== There will be no way …

Comment on Where now for the Judicial Panel Protocol? by Agrajag.

CW says:
September 7, 2012 at 19:09

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There will be no way to bury the decision on whether or not Rangers fielded ineligible players for years.

There will be no way to bury the punishment if they are found guilty.

In a just World if they are found guilty it will mean changing the record books of Scottish football. It will be huge news either way.

Agrajag Also Commented

Where now for the Judicial Panel Protocol?
stmiley says:
September 7, 2012 at 20:52

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They could sell and lease back Ibrox Stadium for a short term cash injection, at the cost of long term lease payments.

That’s assuming there is no pesky security over it already.

They could sell Murray Park and the land there.

That’s assuming a potential buyer can be found and they can get planning permission making it a viable purchase.

If the share issue doesn’t bring in enough to provide funds to keep the business operating those are the most obvious alternatives. A firesale of players is unlikely to bring in substantial sums. Who is there who would bring in millions of pounds, remembering that the player has to agree a contract with the buying club (or is it holding company).


Where now for the Judicial Panel Protocol?
StevieBC says:
September 6, 2012 at 19:13

From Sky;

“The new owner of Rangers Football Club is close to appointing advisers to kick off a swift return to the London stock market…

People close to the situation said that it could seek to raise as much as £20m, part of which is likely to be used to fund the acquisitions of new players…”

mmm…

http://news.sky.com/story/981908/exclusive-rangers-plots-stock-market-return

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… to fund the acquisitions of new players…in January 2014 … maybe.

Oh and it can seek to do anything it wants. David Murray sought to raise £50m, he did, from his own company.


Where now for the Judicial Panel Protocol?
john clarke says:
September 4, 2012 at 23:28

Agrajag says:
September 4, 2012 at 22:52
‘..Just because something is of interest to the public does not mean that it would be in the public interest to reveal it. Presumably the basis of Mr Salmond’s refusal to release information..’

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Yes, you’re right to make the distinction.( And I know that your observation is not made either to defend or support him)

But in this case, which does not not involve national security, or the ‘Official secrets Act’, or highly sensitive commercial information, blah blah blah, one wonders exactly why the bold Alex is being so uncharacteristically coy!

What might he have said to HMRC that could conceivably be interpreted as being AGAINST the public interest ?

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

You are absolutely correct, I am defending neither him, the particular scenario, or the concept of “in the public interest”. I actually find the latter profoundly patronising, whilst ironically also understanding it. The real World is rarely black and white.

I hear what you are saying, but again the point has to be made. It’s not about what he said being in the public interest, it’s about whether or not releasing the details is in the public interest.

My opinion, he made a fanny of himself and it would not be in the public interest to advertise the fact that the First Minister did that. Being non-partisan one can understand that.

In my opinion (and nothing more than that) he tried to influence HMRC re Rangers and was given short shrift. Basically he was told to feck off and mind his own business. It would not reflect well on him, or the Westminster Government to advertise that. It would not be in the public interest, no matter how interesting it would have been to the public.

I remain as ever your most humble and obedient servant

Sir Humphrey.


Recent Comments by Agrajag

The Real Battle Begins?
If they raise money through the floatation, use that to renovate the stadium and re-build the club, get it back to the SPL and competing in Europe then it will be a much more attractive sale. Particularly if it is debt free.

The holding company can then sell the club, 100% of it, without any pesky fans in the way.

The fans will then have shares in a business which they have no interest in. They are not buying shares in their club, they are buying shares in a company which could quite easily sell their club some time in the future.


The Real Battle Begins?
goosygoosy says:
Saturday, December 8, 2012 at 16:07

————————————

A disclaimer regarding the asbestos risk, and no sight of the title deed does not seem to be a very thorough valuation.

———

Condition of Buildings

Our inspection of the subjects did not constitute a structural survey nor did we inspect woodwork or other parts of the structure which were covered, unexposed or inaccessible. Also, the various services have not been tested and we are not in a position, therefore, to report that any of the properties are free from defects.

We have not had sight of an Asbestos Risk Assessment relative to the subjects and cannot report that they are free from risk in this respect. Accordingly, we have made the assumption that such an investigation would not disclose the presence of any such material in any adverse situation or condition.

————–

But bear in mind this is a Depreciated Replacement Cost, as I understand it, how much it would cost to rebuild the stadium, as opposed to a value if they were to sell it.

————-

IBROX STADIUM, 150 EDMISTON DRIVE, GLASGOW

Total value, calculated on a Depreciated Replacement Cost
basis –

£65,200,000 (SIXTY FIVE MILLION TWO HUNDRED THOUSAND POUNDS)
allocated as –

Buildings
£61,500,000 (SIXTY ONE MILLION FIVE HUNDRED THOUSAND POUNDS)

Land
£3,700,000 (THREE MILLION SEVEN HUNDRED THOUSAND POUNDS)


The Real Battle Begins?
Release the prospectus and announce the controversial Traynor appointment at the same time.

Hmmm!


The Real Battle Begins?
Yes Jim, your peurile spat with Chic live on radio was really professional and uplifting.

Oh and Rangers did cheat the tax man, out of at least £20m, and they did hide records, and procrastinate, and they did try to mislead and conceal. And they did do the same with the Scottish football authorities.

You were wrong, again.


The Real Battle Begins?
Can “The SPL” actually just change it’s basic structure.

I thought The SPL was the members, the teams in it. So in order to change anything they would have to vote on it and agree that new structure.

That would be the same teams who voted that Rangers could not be forced into the SPL not that long ago. Do people think that has changed significantly, or that the supporters of those clubs would feel any differently than a few months ago.


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