Look Back to Look Forward

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Just a reminder that even though it’s a step forward …

Comment on Look Back to Look Forward by nawlite.

Just a reminder that even though it’s a step forward for liquidation to at least be mentioned in the media, that still isn’t an acknowledgement by anyone that matters (in a publicity sense) of new club. They are happy to mention liquidation of the company,but believe that the separate club is still ‘returning’ to the top flight.
When they confirmed to me that Rangers hadn’t been relegated but started afresh in the bottom tier, even the SPFL couched it carefully in terms of ‘the company’…..
1. Had Rangers Oldco been able to agree a CVA with its creditors, then it should have been able to emerge from administration (as did Hearts and Dunfermline) without further sporting sanctions. However, a CVA was rejected by Oldco’s creditors. This led to Oldco being liquidated. Newco applied for membership of the SFL and was granted associate membership but on condition it started in SFL Division Three. Newco bought the assets of Oldco from the administrations and took Rangers FC into the SFL. Rangers FC were not relegated from the SPL.
2. The European place that would otherwise have gone to Rangers for finishing 2nd in the SPL could not be taken up by Rangers FC due to UEFA Rules applicable in circumstances where the owner of a club goes into liquidation.
They refused to answer my follow up asking how the club was separate.

nawlite Also Commented

Look Back to Look Forward
Of course we all know that, Homunculus, and I was just confirming that the question was asked and not answered (for the reason you rightly reiterate).


Look Back to Look Forward
I’ve been nursing this one for a while. It’s a bit naughty, but thought it was nice to turn one of their fave songs against them. (You’ll know the one I mean!)
Hullo, hullo, that club used EBTs
Hullo, hullo, they brought it to it’s knees
They were up to their necks in side contracts
and so they had to lie
The dead club used them EBTs 


Look Back to Look Forward
BP did your Celtic official understand the argument that by supporting Res12 and the fact that TRFC* is not RFC, Celtic could easily regain that ‘integrity soviet’ of season book fans?


Recent Comments by nawlite

Enough is enough
EB, you state that the SFA’s rules allowed them discretion to transfer the membership. Just for clarity – is your reason for doing so purely to clarify for others on here that the SFA did not break their rules in allowing the transfer? I.e. a warning not to claim the SFA breached their rules?
Or is your reason for stating it an argument that the transfer of membership allows the current ‘Rangers’ to claim that it is the same entity as the ‘Rangers’ currently in liquidation?


Enough is enough
AS, you need to remember that as far as the SFA is concerned there’s no uncertainty ‘cos Dave said he would put the money in! So that’s awrite then.


Enough is enough
If Dorrans’ signing was after the accounts cut-off, then I can only see Cardoso, Pena, Herrera, Candeias and Morelos signing for a fee according to TransferMarket. Their fees listed there total only £7,380m not the c£10m shown in the accounts. Anyone any ideas?


Enough is enough
Given that Dave doesn’t have any control, I’m wondering who the nice person at NOAL is who keeps sending TRFC money out of the goodness of his heart?!?


Enough is enough
Tris, you say “Celtic wouldn’t be risking very much if some more equitable model was introducedThey’d still have more money than most.”
Of course they would………but only most in Scotland. That’s my point – why would they weaken themselves against the ‘big’ European clubs whom they have ambitions to better or at least compete with? You suggest they should because somewhere down the line they MIGHT need to improve due to increased competition from better domestic clubs. Seriously? “Let’s weaken ourselves against the clubs we’re aspiring to match in the hope that years ahead we MIGHT get better and they (keeping all their money) don’t”!?!?!?!
Let’s be realistic. You can’t expect a business/club to do that.
I want better competition and improving standards in Scottish football as much as anyone, but the more naïve comments I hear, the more I’m convinced that it can only be done by somehow forcing UEFA to drive it from the top down (or, as you say, the bubble bursts and we start from scratch).


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