The Real Battle Begins?

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“Rangers have appointed Jim Traynor as their new director of …

Comment on The Real Battle Begins? by ordinaryfan.

“Rangers have appointed Jim Traynor as their new director of communication”.

Only Sevco would pay a man who cannot string a coherent sentence together as a “director of COMMUNICATION”.

Celtic support previously labelled paranoid……………….now, not so much.

ordinaryfan Also Commented

The Real Battle Begins?
Neepheid says: “Definition of goodwill

2 the established REPUTATION OF A BUSINESS regarded as a quantifiable asset and calculated as part of ITS VALUE WHEN IT IS SOLD.”

That is exactly what I remember being taught 40+ years ago (which is a relief!). JUST AS GREEN ACQUIRED THE FIXED ASSETS (property) AT A HUGE DISCOUNT, he also acquired the intangible assets (intellectual property and goodwill) AT A HUGE DISCOUNT.
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Green did not purchase a business.
Goodwill can also be the INFLATED difference of a purchase price. Green certainly didn’t pay out an inflated price. So it CANNOT be classed as goodwill if it is purchased at a discount. If Duff and Bluff had asked for a tangible inflated price for the goodwill, Chuckles could claim to have purchased it, as it cost £1, whatever Chuckles thinks he bought, it was not and could not in any way be described as goodwill.


The Real Battle Begins?
neepheid says:
Tuesday, December 18, 2012 at 11:11
5 1 Rate This
ismellafix says:
Tuesday, December 18, 2012 at 10:39

While there is no doubt that Green has purchased the vast majority of the business assets, (with a loan!) there is a serious doubt as to whether he can claim to have bought the goodwill. To do that he needed to buy the whole business, all assets, liabilities included.
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Sorry, I really don’t get it. Why would Green have to acquire the liabilities to acquire the goodwill?

Let’s say that a local business, say a bookshop, becomes insolvent for whatever reason (feckless owner?) and goes into administration. I approach the administrators and make an offer for all the assets, which is accepted. Of course I don’t acquire any liabilities, the administrators use the money they get from me to pay the creditors 10p in the pound or whatever. The shop has traded throughout. The same regulars come in to browse or buy, most of them neither know nor care who owns the business. Surely I’ve acquired the goodwill along with the stock, fittings, etc? Or is there something really obvious that I’m missing here?

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You can buy all the assets, but unless you are buying the business, company or “entity” as a whole, you cannot purchase the goodwill.

http://www.hmrc.gov.uk/svd/practice-note.pdf


The Real Battle Begins?
jimlarkin: It was another punishment. well according to this piece it was.

http://www.dailyrecord.co.uk/sport/football/rangers-in-crisis-ibrox-boss-ally-1166144

On top of that, Rangers have no pre-season fixtures planned after their summer tour of Germany was cancelled yesterday.

Games against Le Havre, Southampton and Arsenal have also been scrapped – due to the financial mess and cloud of uncertainty which is engulfing the Govan club.

McCoist said: “It’s appalling for our fans the pre-season trips have been cancelled. They’ve paid money to go to Le Havre, Southampton and Germany on buses and boats.

“All of a sudden they’ve been cancelled due to circumstances outwith their control and ours. Who does it hurt most? Our supporters.


Recent Comments by ordinaryfan

A Roman God, a New Year, a Paycheque a Sports Jacket and that thing called football!
From now on, as a Celtic fan, I will now be adding all cheated Titles and Cups to our Trophy haul. All Celtic fans should simply do the same. If Sevco can claim 140 years worth of Trophies on a whim, and this is accepted as resonable and fair by the governing bodies and MSM, I am sure they will have no qualms whatsoever with Celtic simply taking the history of Trophies stolen and cheated by RFC over the past decade. No need for discussion, Celtic fans believe they are entitled to these Trophies and if that is good enough for Sevco it is good enough for us.


A Roman God, a New Year, a Paycheque a Sports Jacket and that thing called football!
nawlite says:
Friday, January 18, 2013 at 16:10
4 0 Rate This
The MSM and authorities (and RFC*, I guess) are hoping that reiteration of the facts becomes so boring for everyone that we stop correcting their statements.

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This is the crux of it. I see nothing wrong with correcting a lie. If the MSM or governing bodies persist in lying and stating disinformation, there is almost a duty to correct them every time they do so.


A Roman God, a New Year, a Paycheque a Sports Jacket and that thing called football!
bogsdollox says:
Friday, January 18, 2013 at 14:37The answer is: It doesn’t fit the agenda of many of the Celtic minded posters. It’s a my clubs older than yours mentality and a revelling in the demise of their bitter rivals. “Meanwhile Babylon burns”

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“Babylon” didn’t just one day burst into flames, Celtic fans have been fighting this fire for decades whilst everyone else jeered from the sidelines.


A Roman God, a New Year, a Paycheque a Sports Jacket and that thing called football!
bogsdollox says:
Friday, January 18, 2013 at 14:37The answer is: It doesn’t fit the agenda of many of the Celtic minded posters. It’s a my clubs older than yours mentality and a revelling in the demise of their bitter rivals. Meanwhile Babylon burns

………………..

That just doesn’t add up for several reasons. Firstly, the reaction to RFC and its reincarnation has invoked, has came from all quarters, not just Celtic supporters, to suggest otherwise is unfair to supporters across Scottish Football.
Secondly, as a Celtic fan, the length of RFC’s existence means little to me, except that the length of its existence shows just how long we have been hindered and put up with disgraceful corruption in our game.
Thirdly, and what posters such as yourself seem reluctant to accept, is that Celtic FC and its fans have been at the forefront of this fight against corruption and collusion long before any other Club had the courage or even the inclination to speak out, never mind the courage to confront the issue.
What some people fail to grasp, is that this hasn’t just came “out of the blue”*, this has been going on for decades. The fall of RFC has simply exposed the depth of bias within the governing bodies and the MSM, something Celtic fans have been challenging for decades, much to the amusement of other supporters who held the belief that the “Old Firm” were one and the same and that Celtic fans epitomised “paranoia”.


A Roman God, a New Year, a Paycheque a Sports Jacket and that thing called football!
bogsdollox says:

Friday, January 18, 2013 at 12:58

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HirsutePursuit says:
Friday, January 18, 2013 at 12:16
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I’m in the Option 2 camp i.e “they are a new club” but the LNS Doctrine enables the sins of Oldco to be visited on Newco and obviously I am outraged at the conduct of the SFA/SPL.

I think many on here (and I may be wrong) want Rangers to be dead because of what they stand for and see it as merely a point scoring exercise that enables them to say “We’re the same club with 125 years of history and your not”.

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I don’t believe that. Yes that would be a welcome consequence for Celtic fans, but the argument doesn’t stand up, because it is not just Celtic fans outraged and disgusted, it is fans across the board who are outraged and demanding equality. This was a MSM argument at the beginning, that the reaction was simply Celtic fans trying to get one over on their “Old Firm” rivals, that a section of Celtic fans were so bitter and so full of hate that they were forcing an agenda against RFC, this has been proven to be another media lie, easily put to bed by the outspoken supporters of all Clubs throughout the Leagues.
Supporters are sick of paying into a corrupt and uneven League system, they are sick of seeing one Club lord it over everyone else, and this was a watershed moment for Scottish Football. Fans became adament, that RFC should take responsibility for their actions. For the first time in their history, there was a strong determination that this Club that has had free reign should FOR ONCE in their existence be responsible for their actions and face the consequences. Fans were just sick to death of watching this Club do as they please unchallenged and unpunished, RFC simply went too far. They disregarded and disrespected Scottish Football once too often.


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