The Day I was on the Scotland U-23 Bench

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TRISIDIUM JANUARY 14, 2017 at 18:14 ================================== Indeed, when Rangers went into liquidation …

Comment on The Day I was on the Scotland U-23 Bench by Homunculus.

TRISIDIUM
JANUARY 14, 2017 at 18:14
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Indeed, when Rangers went into liquidation it did have a holding company, it was called The Rangers FC Group Limited (previously called Wavetower).

That company still exists. The compulsory striking off was suspended in mid December 2016.

Homunculus Also Commented

The Day I was on the Scotland U-23 Bench
THE_STEED
JANUARY 15, 2017 at 23:11
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Really, are we back to this second admin fantasy.

It is of course possible to enter administration more than once. Not if you are currently being liquidated though.

The board at Ibrox are not running a business which has been in administration before. Neither the PLC nor the Ltd Co.


The Day I was on the Scotland U-23 Bench
UPTHEHOOPS
JANUARY 13, 2017 at 15:23

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Prior to the game at Ibrox stadium Celtic approached Rangers and stated that they would pay for any damage caused by the Celtic support. That was on the condition that they were told about the damage directly after the game and that club officials were allowed to examine it.

No such damage was reported to Celtic and no such examination required.

On TUPE, as I understand it the rules are there to protect employees and apply to an administration (including pre-pack). They do not really apply in a “terminal insolvency event” (liquidation) as there is no job there and no terms and conditions to protect.

I believe this provides a reasonably detailed explanation.

http://www.quantrills.com/for-employees/employee-topics/tupe-and-business-re-organisations/tupe-and-insolvent-employers

Terminal insolvency proceedings

If the insolvency proceedings are aimed at liquidating the assets of your employer, the protections under TUPE are very limited. Such proceedings are likely to include bankruptcy of an individual and compulsory or creditors’ voluntary liquidation of a limited company.

If your employer is subject to any of these proceedings:

Your employment will not automatically transfer from your employer to the buyer; and

Any dismissal will not be automatically unfair even if the reason for it was the transfer.

Removal of these protections under TUPE will not prevent a buyer from deciding to employ you but it does mean the buyer could make changes to your contract of employment for whatever reason (subject to your agreement).

Non-terminal insolvency proceedings

If your employer is subject to insolvency proceedings that are not intended to liquidate the assets you will have greater protection.

You:

will automatically transfer with the terms and conditions of your employment from your employer to the buyer.will be entitled to protection against certain dismissals which may be automatically unfair.may be entitled to recover some or all of some debts owed to you by your employer from the Secretary of State and the National Insurance Fund (NIF).may be forced to accept changes to your terms and conditions of employment imposed by the buyer.


The Day I was on the Scotland U-23 Bench
Heart of Midlothian PLC (SC005863) was incorporated in April 1905.

It was previously known as 

Heart of Midlothian Football Club PLC, from April 1905 to July 1997.

The club therefore has a continuous history, albeit the ownership has changed as shares have been sold or transferred from one person (entity) to another. 


Recent Comments by Homunculus

It Is Better To Offer No Excuse Than A Bad One
He has a logo already


It Is Better To Offer No Excuse Than A Bad One
TONY
JANUARY 2, 2018 at 16:03
===========================

Not the humility then.


It Is Better To Offer No Excuse Than A Bad One
TONY
JANUARY 2, 2018 at 15:37
==============================

You guessed, what gave it away.


It Is Better To Offer No Excuse Than A Bad One
Our hero, and he really is a hero is at it again with his self-effacing prose.

“I cover every issue and more often than not you will read it here first. If I were a Superhero and not a mere blogger I would literally champion the oppressed. However as one who believes  that the pen is mightier than the sword I revert to keystrokes. I have never had a tattoo but if I ever decided to go down this route I would choose the Palestinian flag. However as this might offend one of my my best friends, Max in Tel Aviv, I continue to demure.”

I’m assuming he means demur, however he could well be a shy, modest lady. 

The heroism continues

“When it comes to murderers who remain at large this site will continue to hold the most the most odious mass murderer since Pol Pot, Tony Blair, to account. Given half a chance I would fell him with a single head-butt or induce irreparable damage to his frontal lobes with an upward punch to his nose. Suffice to say I have sufficient training in martial arts to make this blow count. People like Blair are immune to the pen. This lily livered pansy deserves the sword.”

Can you guess who it is yet. 


It Is Better To Offer No Excuse Than A Bad One
http://www.heraldscotland.com/sport/15715129.New_poll_shows_fans_are_overwhelmingly_in_favour_of_moving_away_from_Hampden/

THE case for retaining Hampden as the home of Scottish football has been dealt a blow after a survey found just 15 per cent of fans were happy to stay put.

…..

The Scottish Football Supporters Association (SFSA) carried out a survey of just under 3,000 of its members and found only a sixth wanted to see major internationals and cup finals staged at Hampden.


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