Stifler Posted June 19, 2012 Share Posted June 19, 2012 is the old club actually dead yet? It's in the process of being liquidated, it has no assists left though so in a sense yes. Link to post Share on other sites More sharing options...
Raconteur Posted June 19, 2012 Share Posted June 19, 2012 Forgive my ignorance, but what is the status of Ibrox? I've read in this thread that it is likely to pass to the "Newco" - is that a freehold or a lease? Because if it's a freehold I can't imagine the creditors being too happy about all that prime real estate, an asset even, simply being given to someone who isn't a creditor...? Link to post Share on other sites More sharing options...
Stifler Posted June 19, 2012 Share Posted June 19, 2012 Forgive my ignorance, but what is the status of Ibrox? I've read in this thread that it is likely to pass to the "Newco" - is that a freehold or a lease? Because if it's a freehold I can't imagine the creditors being too happy about all that prime real estate, an asset even, simply being given to someone who isn't a creditor...? It's been sold to the newco along with Murray Park (the training ground) and the rights to the logos etc. I'm sure Rangers oldco held the freehold so that will be whats sold to the newco. So if Rangers do get relegated to Division 3 then they will still be playing at Ibrox. Link to post Share on other sites More sharing options...
JJ7 Posted June 19, 2012 Share Posted June 19, 2012 The Rangers v Berwick Rangers last game of the season. Link to post Share on other sites More sharing options...
Fugazi Posted June 19, 2012 Share Posted June 19, 2012 "Lawyer connected to fmr Rangers manager tells #c4news "there's a massive fraud in Rangers waiting to come out"" Link to post Share on other sites More sharing options...
Stifler Posted June 19, 2012 Share Posted June 19, 2012 "Lawyer connected to fmr Rangers manager tells #c4news "there's a massive fraud in Rangers waiting to come out"" How much more is there left? Surely nearly everything has came out. Link to post Share on other sites More sharing options...
jdckelly Posted June 19, 2012 Share Posted June 19, 2012 and considering the entity that committed the acts is dead/nearly dead does it really matter at this stage Link to post Share on other sites More sharing options...
gdm Posted June 19, 2012 Share Posted June 19, 2012 and considering the entity that committed the acts is dead/nearly dead does it really matter at this stage Erm of course it does if men in and around the game have committed fraud Link to post Share on other sites More sharing options...
Stifler Posted June 19, 2012 Share Posted June 19, 2012 and considering the entity that committed the acts is dead/nearly dead does it really matter at this stage As it's been said yes it does still matter. Players, agents etc are all still around, all the people involved in the dodgy deals, fraud, etc all need to be found and expelled from the game, they also need legal action taken against them. If we don't find his partners in crime then they will soon flock to another club which will go the same way. Link to post Share on other sites More sharing options...
Stifler Posted June 19, 2012 Share Posted June 19, 2012 Apparently they aren't allowed to use the name Rangers. Link to post Share on other sites More sharing options...
BlueStar Posted June 19, 2012 Share Posted June 19, 2012 Arrange to sell them Nile, install him as director and call them Ranger's. Link to post Share on other sites More sharing options...
Ryan_Taylor Posted June 19, 2012 Share Posted June 19, 2012 The thought of Nile Ranger running a business.... Link to post Share on other sites More sharing options...
loki679 Posted June 19, 2012 Share Posted June 19, 2012 Running away from a business having just robbed it maybe. Link to post Share on other sites More sharing options...
Raconteur Posted June 20, 2012 Share Posted June 20, 2012 Forgive my ignorance, but what is the status of Ibrox? I've read in this thread that it is likely to pass to the "Newco" - is that a freehold or a lease? Because if it's a freehold I can't imagine the creditors being too happy about all that prime real estate, an asset even, simply being given to someone who isn't a creditor...? It's been sold to the newco along with Murray Park (the training ground) and the rights to the logos etc. I'm sure Rangers oldco held the freehold so that will be whats sold to the newco. So if Rangers do get relegated to Division 3 then they will still be playing at Ibrox. See, that's the bit I don't get - why would the liquidator agree to that? They're legally obliged to get the best price possible on behalf of the creditor. They should have no obligation to the oldco OR the newco, only the creditors. None of whom will be happier getting even fewer pence in the pound because of a sweetheart deal. And given that HRMC are the biggest creditor, and they have proven to be (rightfully) bloody-minded, surely they can get an injunction on the sale of all assets if they feel they are being sold below market value? Link to post Share on other sites More sharing options...
Super Duper Branko Strupar Posted June 20, 2012 Share Posted June 20, 2012 Link to post Share on other sites More sharing options...
ianovthetoon Posted June 21, 2012 Share Posted June 21, 2012 http://www.burytimes.co.uk/sport/9773845.Rangers_linked_with_Bury_buy_out/ Link to post Share on other sites More sharing options...
Stifler Posted June 21, 2012 Share Posted June 21, 2012 http://www.burytimes.co.uk/sport/9773845.Rangers_linked_with_Bury_buy_out/ Shittest windup ever. Link to post Share on other sites More sharing options...
Stifler Posted June 21, 2012 Share Posted June 21, 2012 http://www.burytimes.co.uk/sport/9773845.Rangers_linked_with_Bury_buy_out/ Shittest windup ever. Fuck off, it's not even a windup, they actually are planning on doing that. Sickening, won't be allowed, especially after what happened to Wimbledon. Link to post Share on other sites More sharing options...
ponsaelius Posted June 21, 2012 Share Posted June 21, 2012 Bury already released a statement saying it would never happen. Link to post Share on other sites More sharing options...
Stifler Posted June 21, 2012 Share Posted June 21, 2012 Bury already released a statement saying it would never happen. I don't even think it would be allowed. Surely the rules put in place after Wimbledon turned into MK Dons would prevent it from ever happening, thats also before you even consider the fact that Bury would be left out of existence. Link to post Share on other sites More sharing options...
madras Posted June 21, 2012 Share Posted June 21, 2012 rumours that there'll be a compromise and rangers will be put in the scots first division. Link to post Share on other sites More sharing options...
David Icke - Son of God Posted June 21, 2012 Share Posted June 21, 2012 rumours that there'll be a compromise and rangers will be put in the scots first division. Sets a dangerous precedent should any club that get into financial difficulties at a later date. Link to post Share on other sites More sharing options...
Stifler Posted June 21, 2012 Share Posted June 21, 2012 rumours that there'll be a compromise and rangers will be put in the scots first division. Shit if they do, start at the bottom, it's the only way. It will just be like Juventus were relegated to Serie B for match fixing, they just placed them into a league where they would easily win and they would be straight back. Link to post Share on other sites More sharing options...
JJ7 Posted June 21, 2012 Share Posted June 21, 2012 Rangers hardly making more friends, not that they had many in the first place. This kind of stuff has happened in Scotland before though. Airdrie United buying Cydebank after Airdrionians went bust, and someone buying Meadowbank Thistle with the sole purpose of moving them to Livingston. Link to post Share on other sites More sharing options...
Stifler Posted June 21, 2012 Share Posted June 21, 2012 Rangers hardly making more friends, not that they had many in the first place. This kind of stuff has happened in Scotland before though. Airdrie United buying Cydebank after Airdrionians went bust, and someone buying Meadowbank Thistle with the sole purpose of moving them to Livingston. It's kind of different though when they are buying a club in another nation with a different FA, an FA that has put in place new rules to prevent franchising and relocations of football clubs. Link to post Share on other sites More sharing options...
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