The Real Battle Begins?

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Goosygoosy says: Saturday, December 8, 2012 at 16:07 ———————————— A disclaimer regarding the …

Comment on The Real Battle Begins? by Agrajag.

goosygoosy says:
Saturday, December 8, 2012 at 16:07

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

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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.

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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.

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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)

Agrajag Also Commented

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?
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.


Recent Comments by Agrajag

Why the Beast of Armageddon Failed to Show?
HirsutePursuit says:
Sunday, November 25, 2012 at 12:07

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I don’t have what would be described as a definitive answer. However in my view if the home association were to rule that a player was not properly registered then I don’t see how they could be ineligible for domestic competition but also eligible for European competition.

The one presupposes the other surely. That in order for a player to be available to a team representing a home association, then that player must firstly be registered to play in that country.


Why the Beast of Armageddon Failed to Show?
From STV

http://sport.stv.tv/football/clubs/celtic/267788-uefa-hearing-on-celtic-protest-over-sion-eligibility-row-to-be-held-next-week/

From BBC

http://sport.stv.tv/football/clubs/celtic/267788-uefa-hearing-on-celtic-protest-over-sion-eligibility-row-to-be-held-next-week/

However I do take the point, if it was ruled that they had ineligible players in Scotland would that also mean they were also ineligible for European competition.

In my view yes. If they are improperly registered in Scotland, then how can they be eligible to play in European competition, as part of a team representing Scottish football. That makes no sense to me. can they play in European competitions if they are not properly registered with one of the home associations.


Why the Beast of Armageddon Failed to Show?
HirsutePursuit says:
Sunday, November 25, 2012 at 11:47

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If I remember correctly they registered players during a UEFA registration ban.

They then played those player, having gone to the Swiss civil Courts to effectively “overturn” the ban.

UEFA subsequently ejected them from the Europa League.

I would have to check though, just from memory.


Why the Beast of Armageddon Failed to Show?
paulmac2 says:
Sunday, November 25, 2012 at 11:25

Agrajag…

The other issue they need to bear in mind…it would have made those same players ineligable for European games…and that may or may not draw in UEFA…

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Absolutely, and whilst UEFA make a huge play of not getting involved in purely domestic footballing matters that would make it a Europe wide issue and very much within their remit.

It is entirely possible that they will await the action of the home association, and if satisfied with that do nothing else. If however Rangers are found guilty of fielding ineligible players, but receive a figurative slap on the wrist then other clubs may well complain to UEFA.

Once again I cite Sion as an example. I believe the ineligible players they fielded in the Europa cup led to them being ejected from that tournament, after having played in it and qualified. If memory serves the results in the games were amended to a 3-0 loss.


Why the Beast of Armageddon Failed to Show?
paulmac2 says:
Sunday, November 25, 2012 at 10:57

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Depending on the timescales the number of players may not really matter.

1 ineligible player should lead to a 3-0 loss. I believe that is the standard punishment.

Given that some of the famous five will have played in a large number of games in any given season, that’s kind of the point with star players, then that whole season could be re-written based on that one player.

They would have to come to one of two conclusions really.

1, We have decided that these player were not ineligible after all, so no punishment is due.

or

2, We have decided that they were ineligible, but are going to invent our own punishment.

Teams like Sion, who suffered 3-0 losses based on fielding ineligible may be perturbed about such a decision.

Make no mistake, this really is another seminal moment for Scottish football.

New Rangers, representatives of Old Rangers and the MSM would really rather it didn’t happen at all.

To be fair it will be difficult justifying their current (unjustifiable) stance that Ranger’s didn’t cheat if / when the SPL rules that they cheated. And not only domestically. It’s hardly surprising that the propaganda war is going full swing, expect it to be ramped up.


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