Rangers Newco

[Spider Jerusalem]

One thing that hasn't been mentioned (and the reason why it may not have been is that it's fanciful, but bear with me) is the prospect of any 'Gers phoenix club potentially entering the English lower league system. Obviously there are a variety of barriers in the way of such a move and I don't think there's any chance of it happening but I thought it would've been mooted.

 

I was actually considering this horrific turn of events myself, but thought that any remaining miniscule chance of this happening for either the existing clubs or 'new' club has had the kybosh put on it by the impending independence referendum. 

[Guest Stephen927]

Don't particularly care for Scottish football as I find it bland and boring, but it's still bad news for what is a fairly big club with a large fanbase.

[Dokko]

Can Rangers trade (sell) if this goes through?

 

Sure the transfer window is ruled out when a club is in admin and they decide to sell assets, we could maybe pick up a defender.

[Guest Stephen927]

Speaking of defenders, I just remembered Jean Alain Boumsong. I hope the club burns in fucking hell.

[Ryan]

Speaking of defenders, I just remembered Jean Alain Boumsong. I hope the club burns in f***ing hell.

 

[LesPaul]

Speaking of defenders, I just remembered Jean Alain Boumsong. I hope the club burns in f***ing hell.

[oldtype]

Babayaro Bramble Boumssong.

 

The dreaded 3B... ah, scary memories.

[Guest gggg]

The old chairman pretty much confirms Whyte has planned this all along.

 

http://www.bbc.co.uk/sport/0/football/17020490

 

"We were somewhat entitled to the view that who carried the coffin to the graveyard, if you will, was going to be important with respect to how they might benefit from that scenario," Johnston told Sportsound.

 

"For whatever else he is, his expertise is in distressed companies and making them survive, or not survive, to his benefit.

 

"We were entitled to take the view that administration would be on his agenda and that he would be the principal beneficiary of such a process."

[Ryan_Taylor]

The old chairman pretty much confirms Whyte has planned this all along.

 

http://www.bbc.co.uk/sport/0/football/17020490

 

"We were somewhat entitled to the view that who carried the coffin to the graveyard, if you will, was going to be important with respect to how they might benefit from that scenario," Johnston told Sportsound.

 

"For whatever else he is, his expertise is in distressed companies and making them survive, or not survive, to his benefit.

 

"We were entitled to take the view that administration would be on his agenda and that he would be the principal beneficiary of such a process."

 

Well, the old chairman will be a popular guy now

[henke]

Worst case scenario, they get wound up. But with 50,000 fans backing an fc united of manchester type deal they'll be back in the SPL and debt free within a decade.

[Guest palnese]

Used to love watching Rangers back in the 90s.

 

Surely someone will come in and save them?

[Guest neesy111]

The old chairman pretty much confirms Whyte has planned this all along.

 

http://www.bbc.co.uk/sport/0/football/17020490

 

"We were somewhat entitled to the view that who carried the coffin to the graveyard, if you will, was going to be important with respect to how they might benefit from that scenario," Johnston told Sportsound.

 

"For whatever else he is, his expertise is in distressed companies and making them survive, or not survive, to his benefit.

 

"We were entitled to take the view that administration would be on his agenda and that he would be the principal beneficiary of such a process."

 

Mind, it was him who racked up this tax bill over nearly 20 years which is ridiculous in the 1st place.  Seems like everyone at board level is to blame for this.

[Shak]

Good stuff, detestable club.

[ujpest doza]

Written off.

 

Tis the public limited way.

 

Edit: Administrators will try and get as much out of any assets to pay creditors (HMRC being the priority), firstly.

 

Are the rules different in Scotland?  In England "footballing" creditors are the priority and HMRC have to fight for the money with the rest of the normal creditors, it's why Portsmouth escaped liquidation since they were able to pay pennies in the pound for their major debts.

Whyte is the only secured creditor, HMRC will get nowt if they go into Administration as Whyte gets priority.

 

Will be hilarious if they go out of business and have to start in the Scottish lower leagues.

[div-s-]

Written off.

 

Tis the public limited way.

 

Edit: Administrators will try and get as much out of any assets to pay creditors (HMRC being the priority), firstly.

 

Are the rules different in Scotland?  In England "footballing" creditors are the priority and HMRC have to fight for the money with the rest of the normal creditors, it's why Portsmouth escaped liquidation since they were able to pay pennies in the pound for their major debts.

Whyte is the only secured creditor, HMRC will get nowt if they go into Administration as Whyte gets priority.

 

Will be hilarious if they go out of business and have to start in the Scottish lower leagues.

 

Would be even funnier to watch the spl fall apart, especially when "they don't need Rangers"

[NG32]

Is that it then, theyve gone into Admin?

[Matt]

Whyte is the only secured creditor, HMRC will get nowt if they go into Administration as Whyte gets priority.

 

But you'd need the company to be fully liquidated for that to happen surely? You can be certain HMRC won't sign any CVA.

[Toonpack]

Written off.

 

Tis the public limited way.

 

Edit: Administrators will try and get as much out of any assets to pay creditors (HMRC being the priority), firstly.

 

Are the rules different in Scotland?  In England "footballing" creditors are the priority and HMRC have to fight for the money with the rest of the normal creditors, it's why Portsmouth escaped liquidation since they were able to pay pennies in the pound for their major debts.

Whyte is the only secured creditor, HMRC will get nowt if they go into Administration as Whyte gets priority.

 

Will be hilarious if they go out of business and have to start in the Scottish lower leagues.

 

Would be even funnier to watch the spl fall apart, especially when "they don't need Rangers"

 

They don't, or Celtic either.

 

Be a much better league of those two fucked off, ask any other teams fan up there.

[ujpest doza]

Whyte is the only secured creditor, HMRC will get nowt if they go into Administration as Whyte gets priority.

 

But you'd need the company to be fully liquidated for that to happen surely? You can be certain HMRC won't sign any CVA.

HMRC have filed for them to go into Admin now on their terms not Rangers terms.

[Toonpack]

Whyte is the only secured creditor, HMRC will get nowt if they go into Administration as Whyte gets priority.

 

But you'd need the company to be fully liquidated for that to happen surely? You can be certain HMRC won't sign any CVA.

HMRC have filed for them to go into Admin now on their terms not Rangers terms.

 

Yep, HMRC are getting REALLy pissed off with football clubs avoiding their liabilities. Not before time tbh.

[Belfast Boy]

HMRC filing for that would make a huge difference. I think it would mean the administator would be in there with the prime objective of paying the debts, ie a firesale.

[Hudson]

Whyte is the only secured creditor, HMRC will get nowt if they go into Administration as Whyte gets priority.

 

But you'd need the company to be fully liquidated for that to happen surely? You can be certain HMRC won't sign any CVA.

HMRC have filed for them to go into Admin now on their terms not Rangers terms.

 

Yep, HMRC are getting REALLy p*ssed off with football clubs avoiding their liabilities. Not before time tbh.

 

Pitty the cannot do the same for the other 9bn, they did not claim back last year in unpaid taxes

[div-s-]

Written off.

 

Tis the public limited way.

 

Edit: Administrators will try and get as much out of any assets to pay creditors (HMRC being the priority), firstly.

 

Are the rules different in Scotland?  In England "footballing" creditors are the priority and HMRC have to fight for the money with the rest of the normal creditors, it's why Portsmouth escaped liquidation since they were able to pay pennies in the pound for their major debts.

Whyte is the only secured creditor, HMRC will get nowt if they go into Administration as Whyte gets priority.

 

Will be hilarious if they go out of business and have to start in the Scottish lower leagues.

 

Would be even funnier to watch the spl fall apart, especially when "they don't need Rangers"

 

They don't, or Celtic either.

 

Be a much better league of those two fucked off, ask any other teams fan up there.

 

They'll loose nearly all tv money, you think sky/espn will pay money for Inverness v Kilmarnock? What about the money teams get for the away fans from both teams which most of the time is bigger than the home support? The fact Dunfermline took 12 fans to a game at Kilmarnock is a joke. With Rangers or Celtic the Spl would be a joke

[Toonpack]

Written off.

 

Tis the public limited way.

 

Edit: Administrators will try and get as much out of any assets to pay creditors (HMRC being the priority), firstly.

 

Are the rules different in Scotland?  In England "footballing" creditors are the priority and HMRC have to fight for the money with the rest of the normal creditors, it's why Portsmouth escaped liquidation since they were able to pay pennies in the pound for their major debts.

Whyte is the only secured creditor, HMRC will get nowt if they go into Administration as Whyte gets priority.

 

Will be hilarious if they go out of business and have to start in the Scottish lower leagues.

 

Would be even funnier to watch the spl fall apart, especially when "they don't need Rangers"

 

They don't, or Celtic either.

 

Be a much better league of those two f***ed off, ask any other teams fan up there.

 

They'll loose nearly all tv money, you think sky/espn will pay money for Inverness v Kilmarnock? What about the money teams get for the away fans from both teams which most of the time is bigger than the home support? The fact Dunfermline took 12 fans to a game at Kilmarnock is a joke. With Rangers or Celtic the Spl would be a joke

 

It's a joke with them in it, the TV deal is worth a total of £13 Mill a year, bugger all.

 

It's costs as much to Police the "away" fans from the Old Firm as it does generate revenue. No Huns/Tims and the league would find it's own level and at least be competitive. Crowds would rise tbh.

 

Ask a fan of any club outside the "evil twins" and see what they say/think, they would LOVE them both to dissappear.

[NG32]

Yup my pal up in scotland said this morning " hope they are dead"