The Continuing Voyage of Scottish Football – and the Wrath of Khan

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Re the “nuclear story” – if I remember correctly the …

Comment on The Continuing Voyage of Scottish Football – and the Wrath of Khan by Fan Club.

Re the “nuclear story” – if I remember correctly the author stated that once the true story emerged it would make the “Rangers” brand so toxic nobody would want to buy the “club”. Now, 1) the “club” / assets / whatever you want to call it, have been bought and 2) it’s hard to see how any further tax wrong-doings could make the brand (more) toxic.

Either, tax wrong-doings isn’t the “nuclear event” or there is no “nuclear story”. I for one don’t know and have no grounds for arguing either way.

On a different note, there is a great deal of speculation that Ticketus are pulling the strings behind the Green consortium. Now, I’ve always said ticketus’s involvement was suspect and I still think getting to the bottom of who funded Ticketus’s season ticket deal will shed the entire 18 months in a completely different light. But what I do find hard with the conspiracy theories is why the Rangers deal in particular would see Ticketus change from a season ticket investor / source of short term working capital to some probable shady dealings into taking a football club into liquidation to emerge as the (secret) owner at the end of the process. Just seems like a very sudden strategic shift to take.

Fan Club Also Commented

The Continuing Voyage of Scottish Football – and the Wrath of Khan
Whatever happened to Alex Thomson’s statement a few months ago that we would be hearing something from Craig Whyte very soon? If there’s one person who’s been the quietest in the whole saga, it appears to be the MBB. What’s he up to?


The Continuing Voyage of Scottish Football – and the Wrath of Khan
Miki67 – I agree with a lot of what you say, but the trouble (and this is now nigh on possible to do anything about) is that what we are left with here is such a one-sided view on RFC that the commentary is too heavily biased in being anti-Rangers. I’m not saying that there hasn’t been very serious wrong-doing, but to blame everything that is wrong about Scottish football and Scottish society on Rangers impropriety, is just a wee bit wide of the mark.


The Continuing Voyage of Scottish Football – and the Wrath of Khan
Seamus – believe me I’m no troll. I was on RTC from the start and have a very balanced view. But if the consensus is for people to back-slap themselves making jokes about Sevco all day long, then I’ll leave you all to it.


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Charles Green – What Will Football’s Authorities Do?
Jimmy Bones @ 20.28. That scenario has some merit and I have always thought that the key to unravelling this is Ticketus. My reservation with the SDM scenario has always been “why?”. Did he really want to keep RFC THAT badly he’d resort to a plan like he did? Anonymously funding Ticketus? There are much easier ways he could have paid off Lloyds and restructured the deal so his £18m was safe without resorting to something that has turned out so underhand.


The Rangers saga as it happened…
This is not my area of expertise by any means, but I thought the objective of an administration was to rescue a business as a going concern. Where that’s not possible, then the objective turns to maximise return for the creditors? Is that right?

In the RFC case, it appeared Duffers only wanted to get to the end of the season without liquidation. By doing so they appear to have prejudiced the creditors as they don’t appear to have taken many steps to actually realise a better result for the creditors. If you were cynical, you could say almost everything they did harmed the creditors even moreso.


The Rangers saga as it happened…
Agrajag – you are now deviating from your original point. I didn’t disagree that RFChave an unpaid assessment. I disagreed with your point that they are guilty of underpaying taxin relation to the EBT assessment. It’s a subtle difference that either you don’t see or can’t admit when you’re not right. If it makes you feel better, I’ll just say you are correct but you come across with quite a closed outlook which mirrors your view on how you feel about rangers. As an RFC fan, I am quite happy to listen to and agree with arguments and reasoning from both sets of fans. I don’t close off my opinions because they are from non-RFCfans. The purpose of this blog is to work together to shed light. Not engage in one up manship. If I was wrong I would happily admit it.

RFC will lose the case. On that we can hopefully agree!


The Rangers saga as it happened…
Agrajag – again, your comments are incorrect. Whilst RFC are not “guilty” of underpaying tax in relation to the EBT (and I never said anything equating guilt to criminality) they will undoubtedly in the fullness of time be found to have grossly incorrectly and perhaps negligently have operated the EBT scheme. You think you are right, I disagree. I will not convince you otherwise so let’s agree to disagre.


The Rangers saga as it happened…
Midcalderan @ 23.53 – you are 100% correct.


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