Rangers Rumours Archive April 12 2012

 

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12 Apr 2012 23:47:49
I heard from a very reliable source that the ng mob are front running to take over rangers and they dont care about spl threats cos their not planning to start a newco. Interesting.... Risky bear

Believable23 Unbelievable19

Clutching at straws, first Craig Whyte then Paul Murray & Now Bill NG this will only end one way and everyone knows what that is...... SAD BEAR

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Only winners seem to be D+P. Frustrated bear

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D+P are date raping us. Sick of excuses. Get on with it. Angry Bear

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Ng is quoted in todays Daily Record as saying that due to unexpected costs and new emerging creditors over the the last few days could undermine their bid

And that there will always be other clubs they can bid for if rangers slip from their grasp!

Brilliant!

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Yesterday Ng spoke of unexpected costs which might undermine his bid – while suggesting his group could take their millions elsewhere.

Ng said: “Other creditors have emerged in the days following our bid submission. It has put a new dimension to what is needed to keep the club afloat.

“There will always be another club to go for if Rangers slip out of our hands.”

Source: DR

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I simply do not believe any businessman in his right mind is going to buy the shares of a company that owes approx 134 million, when a new company could buy the assets for 34 million, and save themselves 100 million. The financial penalties for liquidation in the SPL are tiny compared to this amount.

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D+P can not get on with it until the BTC debt is confirmed, all debts must be consolidated in the CVA, the tax debt is still as yet unknown and all bids are conditional of this debt. Stop moaning about the administrators, its some kind of syndrome amongst Gers fans.
Bill Ng will liquidate if he can save 100 million or 50 million or 25 million....IMO.

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The unexpeced creditor is CW and his 30 million floating charge, game over.

HMRC is not going to accept a share of BK's paltry offer of 8-12 million, its rewarding non-payment, they will go for liquidation.

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Why would HMRC go for liquidation Rangers have assets of 120mill on the book. Secured creditors WHYTE(30mill) PLAYERS/STAFF contracts must be payed in full (80mill) leaving 10mill to creditors pot if they get full book price LOL (these pages are absolute murder when weans are off school )

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HMRC WILL GO FOR LIQUIDATION IF THEY GET MORE FROM AN ASSET SALE AGAINST A PURCHASE OF THE SHARE CAPITAL OF THE COMPANY UNDER A CVA.

BK's are offerring 8-12 million for the CV and the share capital ,do the math.

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" why would hmrc go for liquidation"
to send out a message to all other companies who default on tax -- if you dont - wont or cant pay what is due we will either take all your assets as compensation or put you out of business completely either way you are not going to fleece tax man again..... all other companies ( inc football clubs) beware this is the strong arm tacticts that hmrc will now use.. wont pay you dont play....if taxman loses out company is destroyed and any newco. rising from the ashes will not be safe..johnny G

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If you go into liquidation legal disputles about who owns what (Whyte, Ellis, Ticketus, new owner. does Murrey own the Albion and Murrey Park etc) will rumble on for years. This could put a big spoke in the new co wheel

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12 Apr 2012 21:15:54
I must admit I didn't know how to pronounce NG . I thought you maybe just tried to say the two letters together making a sort of NIG sound . But today on BBC radio I heard a young Lady say "ING" . So his name is" Bill Ing "- sounds good eh ?

Believable17 Unbelievable7

Oohh..you're so f -ing funny!
Stevie-A-Bear

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Its pronounced ung

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It is pronounced as 'Ning'

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Did you say its pronounced " dung ", holy Ng.

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I fear a real clash of cultures. Singaporeans are not used to 'Scottish' humor. Whether in the press, tv or blogs. The above would upset Mr Ng greatly.
The type of newspaper articles here regarding Rangers Owners would also deeply offend him.
We don't even know how to pronounce his name ffs!

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The above would upset him? Wait until he reads about the shameful history of the tainted club he is trying to buy!

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12 Apr 2012 19:57:17
Ed are the three bidders getting the rule ran over them to make sure they are fit and proper ? Is this what's holding up the preferred bidder announcement ? Cheers mate {Ed001's Note - they are meant to be, but I am not so sure I have much faith in the checks myself!}

Believable12 Unbelievable5

What does this test consist of?
A quiz?
It's like the stuff on the form of a visa application to the USA. Have you ever been convicted of terrorism? If so tick this box. Have you ever been a spy?

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There is no fit and proper thing, alot of media rubbish.

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12 Apr 2012 19:40:56
As a Dundee Utd fan I'm disgusted at the moronic element on here calling for a boycot to our ground to pay us back! Pay us back for what? Wanting our share of the cup gate receipts? It's our money, we have a right to it. If rangers face sanctions from the sfa for not paying it it is not our fault. I'm sure D&P chase every penny Rangers are owed, so what is the difference? Should we just say keep the money, you need it more? It gives the majority of the Rangers fans a bad name and celtic fans something else to laugh at you for!

Believable67 Unbelievable38

Pay you back for what? do you forgret about the abandoned game a couple of seasons ago? when you charged us twice-fact.... selective memory of course.

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It goes back to the game at tannadice when the game was postponed at half time and your club charged us all full price again for the replay, that's the joke.

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The irony of these new rules being rushed through to inflict as much damage as possible on Rangers is that the same rules will be used to kill off Dundee utd when they are skint, which will be aided by Gers fans not going to your ground. Think about it ! And mabe you can ask your hate filled owner if he now regrets charging Rangers fans twice for one game. And as for your and other clubs owners allowing certain songs related to our problems played at half time to rub our noses in it, well thats just not cricket old chap. Fans banter is one thing, but when it comes from the club then thats just disrespectful. We value your opinion though, but misguided...Catweazle-talkingbone.

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Who are you to talk about ethics. Dundee United have been ripping off the fans of the Old Firm for as long as I can remember with their increased prices at the gate and for tickets. I can rember the sign for 2.50 being covered up and a chalked 3.00 replacing it. People in glass houses shouldn't throw stones

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I agree you should get paid your money but the debts are frozen in administration the same happens with hundreds of companies every year when they go into administration. Why should we be any different. I hope all the debts to the Scottish clubs are settled in full because after this season and total disgust and hatred that the majority of SPL clubs and their fans have showed my club you wont be getting another PENNY OFF ME.

Gers1986

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Mate, I think the reason the club and indeed the RFFF are dragging their heels paying Dundee Utd this money is because of the shoddy way we were treated a couple of seasons ago when the rangers away fans were made to pay up again for a game that was abandoned at half time due to waterlogged pitch. Absolutely shocking!!

You can swivel for your money and accept Xp in the pound like everyone else!

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Its cos you're owner is a nasty little man with a vendetta and cos we've heard from your fans, on many occasions, that you are happy we are in the s**t.

JD1872

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Thats because the police ambulance stewards and others needed PAID again. FACT

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Guess what poster , utd are down to the tune of 40k as rangers sent back two thousand tickets for our last visit ! Never mind if your club had never re charged

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The irony of these new rules being rushed through to inflict as much damage as possible on Rangers
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The old rules had you starting back in DIV 3, you gotta be havin a laff.

The new rules are a compromise, one that stops RFC having 3 years of 10-15,000 attendances.

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You know what, there has been so much to laugh at that i never got round to this one. so , LOL.

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Agree with everythinng you say. rangers fans need to take of the blinnkers and look at the wider picture. financial doping by davis murray regime and incompetance by craig whyte brought you to the current situation. stand back and look at the wider picture - accept what was wrong and agree that if liquidated and newco arrive you should accept the punishmen of applying to play in sfl 3. the sentence must fit the crime.
support your club through this - get rid of your rotten history and eventually regain your dignity and place at the top table and make an effort to repay what is owed. this in my opinion is the only acceptable outcome for you. i think leage reorganisatin will only mean 2 year out of spl

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I'm in full agreement here, I'll never set foot in tanadice after last seasons game got called off due to a water logged pitch , sky dictate and I know utd or rangers can't be blamed for the weather that day but your club and chairman charging full price for a re arranged game kicked the whole thing off !! And guess what News Flash our assets are frozen until we come out of admin , honestly don't remember Dundee, Livingston getting this much stick when they went into admin as ally said get your kicks in now you sad Arab !!

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Its not always good to get what u wish for, we're gonna boycott u's an killie for the shameful way they sold 3 stands to septic but wouldnae giv us them for our party, revenge is sweet

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Rangers fans need to mobilise and start turning the screw on the rest of the clubs in the spl. Whats the point in staying in the SPL if we are going to be hit with points penalties and see our TV money more than halved yet the same spl teams who want this will still expect us to turn up at their grounds. I would much rather we went down to the 3rd division and started again leaving teams like Dundee Utd & Kilmarnock with no sky money, no league sponsorship and no home games against Rangers. Let's see how long Utd last without this money! To survive they will have to sell at least 4 or 5 of their best players and will again be playing for nothing other than a top 6 spot in an irrelevant league

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Everyone seems to have overlooked today's SPL meeting which was to change the 11-1 voting requirement. The meeting didn't take place.
Just watch what happens when it does on APR30 - the same day as the vote on yesterday's so-called Financial fair play regulations takes place.
Guarantee Rangers will agree to vote to change the 11-1 vote (at the request of the 10 non OF clubs)provided these clubs vote against the financial fair play regs, in particular the points & financial penalty deductions.
What would Lawwell think of that ?

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Don't worry us other SPL clubs hate your club just as much, thing is we have good reason, as does every man woman and child, whom you have cheated thru your lack of paying your tax. We don't condone cheating it seems that many, although not all rangers fans do!!!!

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So it's OK that debts are "frozen in administration" is it? Other clubs should say "Oh, that's fine. The debts are frozen in administration. Let's just let Rangers off the hook and welcome them back into the SPL again."

What do Rangers expect?

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In which way does keeping Rangers in administration for yet another month help us ?. Then when the new owners are picked it could take another few weeks to check they are suitable, which pushes us closer to getting another points deduction. SPL doing Rangers a favour ? The rest want to keep us in the SPL for their own selfish reasons whilst shafting us for a few years with points deductions and possible 75%. HA give me the third div any time...Catweazle-talkingbone.

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You are dealing with Rangers and they treat everyone including Dundee United with utter contempt!

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There seems to be a small bu important point missed here on Utd. They chaged their own supporters twice for the game and the gate receipts were split. The addiotnal charge whilst wrong IMO was for the Policing and the excess I'm told (though not sure!) went to charity. Doesnt it seem more thatn a bit small minded to be trying to cast this up when it was a blatant non payment of cup gate receiots due in this case. you can see why they would be annoyed when an expensive squad was maintained for an entire month at a cost of over 1M when not paying 80k. Its embarrasing

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Oh how the rest of the SPL will cope without there being a Rangers, even Celtic(reduced TV money, cant see any decent player wanting to sign if no OF matches).

They should be careful what they wish for.

Although I think at most Rangers will have 2 seasons of -10 points and thats it. If a 75% reduced income happens, I can see away games being boycotted by the vast majority.

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Don't worry us other SPL clubs hate your club just as much, thing is we have good reason, as does every man woman and child, whom you have cheated thru your lack of paying your tax. We don't condone cheating it seems that many, although not all rangers fans do!!
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Families didnt receive any less benefit from Rangers not paying tax etc. Nor did families pay more tax or national insurance as a result. So I dont really get how it affected anyone apart from HMRC, who have been ripping off every worker in the UK since their existence.

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If Rangers showed the away games on the big screens at Ibrox, we could watch the away games that aren't live on the TV there. That way Rangers get the money and the other SPL teams can go and jump! party at Ibrox every away game.

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To all those who keep calling us tax dodgers, cheaters etc... Can I ask have you ever bought anything from amazon, eBay traders, had a Vodafone contract and are you aware of the public sector ebt usage? Now that not benefit from tax dodging?
Pretty sure I've seen a few of the Celtic fan base in the barras too... Not sure there's much corporation tax paid there....

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To last poster, why do you feel the need to bring up celtic like its our fault for all your problems, take a long hard look at yersels

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Why all the hate? Rangers hAve given more to other premise league clubs in the last 20 years than could have been imagined. The Dundee united money will get paid! These other clubs would do well to remember which way their bread is buttered. No rangers- Celtic = no tv money = no good players. Quite simple really. I'm surprised by the number of other fans who forget this 140 year old rule. Too many peeps thinking of the OLD new firm me thinks

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In reply to the eBay and Vodafone EBT users who dodge tax they haven't been marching about for years talking about dignity and imperialism while having Her Majesty picture hanging in their locker room while they were avoiding paying her majesty's taxes! Telling us all God Save The Queen while we pay for her and you sponge of her

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Your wasting your time trying to explain the WATP brigade , they don't seem to grasp they caused this themselves and as usual they think they have the right to do what they like and go unpunished ,they don't seem to understand the concept of being honest or fair minded.

Tax payer.

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28 bites, my best fishing trip yet!

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Don't worry us other SPL clubs hate your club just as much, thing is we have good reason, as does every man woman and child, whom you have cheated thru your lack of paying your tax. We don't condone cheating it seems that many, although not all rangers fans do!
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Families didnt receive any less benefit from Rangers not paying tax etc. Nor did families pay more tax or national insurance as a result. So I dont really get how it affected anyone apart from HMRC, who have been ripping off every worker in the UK since their existence.

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Eh, if Rangers paid there 94m tax then, all the families around the country would have had to pay 94m less tax meaning more disposable income for every man woman and child? get it now? {Ed001's Note - no they wouldn't, clearly you don't understand how the tax system works.}

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If Rangers showed the away games on the big screens at Ibrox, we could watch the away games that aren't live on the TV there. That way Rangers get the money and the other SPL teams can go and jump! party at Ibrox every away game.

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Don't you need permission from the host clubs? or do you just think that you can bully your way into away grounds, set up cameras and beam away. As most of your fans forget it takes two teams to make a game!!!

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If Rangers win the big tax case that means we WERENT cheating...........if Rangers lose the big tax case it means we have to pay every single penny back.....so where is the financial gain if we have to pay it all back which also means were didnt cheat.

Honestly, im very surprised (NOT) that not one single person has picked up on this glaringly-obvious, staring-you-in-the-face FACT, but then again...you are all to busy queueing up to take a boot at Rangers whilst we are on the deck to bother about the facts!!!!

As for the boycott of the 'diddy teams' in the SPL....im all for it. They have been bumping the prices up for games against the Old Firm for YEARS now.....its come back to bite them on the erchie and they dont like that, no sir they do not like that one little bit.............TOUGH!!!!!!!!

Stu1972

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Mate by the sounds of it I am well in the minority but as a true Rangers fan and one who has dignity I am embarrased that clubs like yours are suffering from the clowns who have been running our club.

I for one will be at Tannadice in future as I follow the team and not the current fad of turning on everyone and everyone except the people who really are to blame for our mess.

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Dry you eyes mate if you can't take it don't dish it out. Dundee united have been nothing but unhelpful to Rangers for years. Why should we help your club when the knife is still stuck in our backs?

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Rangers don't do walking away unless it involves debt, then they run for the hills.

Seriously Gers fans, the penalty of 2 seasons with 10 point deductions and 3 seasons loss of 75% of SPL cash is far better than starting again in Division 3. Any cash penalty would be dwarfed by the loss of gate receipts if RFC starts at the bottom, crowds and prices would plummet to reflect the measly opposition.
I estimate Rangers gate receipts would drop by 75% if they began in Div 3 and that is a lot more cash than the SPL penalty.

That is assuming the Ticketus deal is liquidated with the club.

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It is so sad to see the position my Club are in just now and unbelievable that SDM and CW appear to be escaping the wrath of other Club's supporters who want to punish the players, fans and new owners for years to come.
These so called fans forget the biggest victims are the Rangers fans. We have been robbed of our Club by a man who used OUR money to fund the purchase of OUR Club.
And Tax? Very regretable situation. Really wish Rangers paid as much in Tax over the years as the rest...... Wait a minute...... We have and still do!

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Rangers have given more to other premier league clubs in the last 20 years than could have been imagined.
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I disagree, the figure was imagined and it was negotiated by the OF in terms of market-profit share and voting rights.

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Re: Stu1972
You have a point in that if you pay the tax due then there is no issue with HMRC.

However the 'cheating' bit comes from not paying the tax at the time and using that money to foot the bill for the big stars.

If the big stars were not getting that money they prob would not have joined.

Therefore by not paying tax the club (not supporters) were pulling a fast one.

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Eh, if Rangers paid there 94m tax then, all the families around the country would have had to pay 94m less tax meaning more disposable income for every man woman and child? get it now? {Ed001's Note - no they wouldn't, clearly you don't understand how the tax system works.}

So if the goverment has a tax shortfall of 94m do they increase taxes the following years/years or not? {Ed001's Note - they had a tax shortfall anyway, what is happening at Rangers is not affecting that in any way shape or form. Or perhaps it has escaped your notice that the HMRC has been letting all sorts of big corporations off from paying billions of pounds in tax?}

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Eh, if Rangers paid there 94m tax then, all the families around the country would have had to pay 94m less tax meaning more disposable income for every man woman and child? get it now? {Ed001's Note - no they wouldn't, clearly you don't understand how the tax system works.}

So if the goverment has a tax shortfall of 94m do they increase taxes the following years/years or not? {Ed001's Note - they had a tax shortfall anyway, what is happening at Rangers is not affecting that in any way shape or form. Or perhaps it has escaped your notice that the HMRC has been letting all sorts of big corporations off from paying billions of pounds in tax?}

So what you are sayng it's OK not to pay your taxes just because other companies are doing it, so all businesses, clubs the ordinary man on the street shouldn't have to pay either because it doesn't really matter. Where would that put us as a nation? We are in a bad enough situation as a nation as it is. {Ed001's Note - No, what I am saying is that this is not affecting things, until the likes of Vodafone and Phillip Green stop robbing us blind, this kind of thing makes little difference. And pathetic little whines from bitter fans of other clubs should get off their backside, stop wasting people's time with this just because it is a rival team, and start acting to stop ALL tax evasion etc. Until then you can all get off your high horse and stop pretending to care about an issue you clearly don't care about. Try joining organisations like 38 degrees and actually act on the overall issue, rather than just trying to be all moralistic because you dislike Rangers.}

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Ed I think you are losing the run of yourself with these last comments.

You are correct that the tax issue is massive and widespread and if all taxes were paid the entire country would be so much better funded.

What I cannot agree with though is the implication that if other people are not paying their taxes then we are not really that bad because what we have not paid is minimal in comparison.

I think we have to get past and close this whole sorry chapter. It will take time but I want us to come out of this with our heads held high rather than being not as bad as the worst offenders. {Ed001's Note - I am not saying that, what I am saying is that people should stop wasting time trying to pretend they have some kind of moralistic objection to it. If they want to get all moralistic about it, they can join an organisation fighting to put a stop to it. I bet they don't bother moaning about their mate doing cash in hand jobs, which is exactly the same principle. They are just trying to point score and it is pathetic. We ALL know Rangers should pay all they owe, if possible, but to say kids aren't getting an education because it etc is just downright lies.}

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Can't stop laughing at the Gers fans kicking and screaming , spitting venom , blaming every club in the spl for THEIR clubs greed and dishonesty !
Boycot DUFC if you want but you will just look like childish and stupid !
You should direct all this anger and venom at the ones who put you in this mess SDM and in a smaller way CW !
How is this boycot nonsense in any way going to help the the problems your club is facing !
Answer is it wont ! So why dons the true fans come up with something constructive NOT destructive in your clubs hiour of need ?
Tit for tat no NO one benefits ! Just look like silly little children ! So JOG ON nuggets

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Why do people come on to our site and say the new rule changes are for the benefit of rangers, the sfa are not thinking about rangers. without rangers in the spl it would quickly die. i for one never wanted liquidation but if it happens i would prefer to go to the 3rd division and let the other teams rot. we couldnt play at ibrox because how much does it cost to run ibrox on match days with crowds in 3rd division not feasable and we wouldnt have 40,000 at home games, at least monies would be going to some to lower divison teams that need money and with less hatred towards our team and could be a quicker solution with all the points deduction and money with held. All spl fans say we should do the proper thing and so do i , we should put it up the sfa and go to the 3rd division and wait for other spl teams to follow us.

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You cant boycott if you dont exist

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Your off your head spl WILL survive !
How can all spl end up in 3rd Division
What about all the other teams in all the other division ?

Oh sorry I forgot the world will end WHEN Rangers Die !
Ps SDM helped Airdrie into liquidation and the quote was. Business is Buisness now that apples to the dodgers!

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Why is the answer always IF we get liquidated we go to the 3rd and the rest of the clubs can rot? These clubs have not got rangers into trouble, the egotistical SDM got you into this trouble trying to buy success in europe. Don't go blaming them for your clubs misfortune, man up, take it on the chin, smile and always look on the bright side of life....................

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Dundee United should be grateful, if it wasn't for Rangers spending they would have gone bust 10 years ago.

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Son if your waiting on Rangers fans coming to your place you are in for a long wait,get used to empty stands.

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12 Apr 2012 18:41:35
What about huge turnout for the kids on monday and a protest against d and p during the gameas we dont seem to be showing our defiance in public its time for a srious demonstration

Believable24 Unbelievable9

Remember celtic get half the cash.thanks for that........green jhedi

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No this will be a big day for the young lads and they don't need the moronic fans from both sides wasting it for them. Leave the demonstrations for the first team matches.
GCUK

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Ok, I am definitely missing something, why are huge numbers of Gers fans upset at the administrators ?

Is it some kind of seige mentality thing that I don't understand, because it sure isn't logical, they are doing their best to prevent the club from being liquidated, while awaiting the outcome of the BTC.

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It's the time taken by them during the whole process. Port Vale went into administration a month later than us but have already a preferred bidder in place.

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The Port Vale situation cannot be compared to ours on a number of levels - it is much more simplistic.

As for protesting at the kids game - I say wise up - by all means come along but get behind the guys who are our future rather than turn it into that nonsense.

Time and a place for protesting and this is not it.

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Plain and simple.

DONT BITE THE HAND THAT FEEDS YOU.

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12 Apr 2012 15:53:54
Is it me or is it a bit stupid to hold the glasgow cup final at ibrox? Are the costs incurred (stewards,utilities) being added to rangers bills? Is there a 50-50 split of the gate as its a cup game? How on earth are rangers supposed to clear debts while running up more bills?

Believable15 Unbelievable11

It may be a strange concept for some Rangers fans but its called filling the Club commitments - in this instance at least!

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We need all the positive exposure we can muster,a good final in front of a decent crowd,will show people we are not dead yet,plenty life in THE RANGERS.Follow Follow

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Thats what lemmings usually sing!

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Had to be held at Ibrox as its the only way there will be silver ware on display as the Young Hoops do a lap off Honour. Hail Hail

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Answer1 - I think you'll find we found a way not to give to charity but give to Duff&Duffer instead

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Since you mention not giving to charity shame on Rangers and everyone connected to the decision to take the charity money and those who applauded that deed!

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12 Apr 2012 15:24:56
Ross Blyth of the Rangers Supporters Assembly: "we're not asking for favourable treatment, we're just asking for help to get out of this situation".

Sorry, but helping you out of tax avoidance, and evasion this season, as well as everything else the club may be guilty of, would be considered favouratism, i'm afraid.

Believable42 Unbelievable30

Give the public and small companies back the money then fair enough if we start from 0

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Sure all the small creditors have been asking the same thing about getting paid so they can survive.

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Mr Blyth needs to understand that the ambulance service is only looking to get the money back that it is owed from GRFC..O and the newsagent,and the face painter and i could go on and on and on and on and on and on and on.....get the idea..

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As a tax paying rangers supporter for the past 53 years I would want rfc to pay all our bills in total ,what the fans have done is support a corrupt board who are lining their own pockets sadly we didn't see the present situation happening what I struggle with is the bitterness hatred and sectarian motivated bile being posted by fans of another team please don't take the high moral ground as the good book says let him who thinks he stands take heed in case he falls ,pedestals are easily tumbled

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I agree ...pay the lot back even if it takes a lifetime.....otherwise we will be ridiculed for a lifetime...start wi the small guys.....

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I have read a lot of ribbing but thankfully no sectarian bile, it is safe to say if the shoe was on the other foot then the ribbing would prevail.

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I think that if the boot was on the other foot and this was happening to us you would have plenty to say about the SPL tickering with the rules of the game to accomodate our Club. In fact why were the rules not tinkered with back with Fergus saving us. The Establishment were more than happy to sit back and watch.
I think Scottish football will survive and maybe a watershed in our National Sport.
A time to bring forward a more democratic voting system open up the league to more teams playing less games and promoting from within bringing youth through, crowds would come back to the game attendances would increase as teams would have a better chance of silverware than previously under the old firm monopoly, As advised before in a previous note, the Italians, a power house in world football dealt with the issues they had a few years back and put down a marker in the fair play book that corruption will not be tolerated, we should be big enough to do the same, if clubs are having an issue with finances, then ground share, again it is good enough for the italians, bring youth players through and give them time to grow then sell for a profit as they did in the past, why else did all the great english clubs have 3/4 scots in their first team....souness came to scotland with SDM and the whole game changed forever and NOT for the good of the game i might add.

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Couldnt agree more scottish clubs should suffer financially for this,rangers should flex there muscle and ask for no allocation for any away games next season

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People need to understand when the debts were posted on the internet,some of the debts have been paid since then,and the figure of 55 million is a bit excessive 7.5 million was to fans which will be paid if rangers avoid liquadation and 27 million was this ticket deal,if they two were taken out the equation its down to 20 million at most,and who knows how btc is going to go,we will survive no doubt let the scaremongers have there fun rangers will be back a better run team

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Once again another blinkered celtic supporter not recognising that rangers are in fact members of the league and deserve support. Oh then again it make kick off your paranoia if we do indeed get support!!

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How do you work out that rangers deserve support ? For cheating ? You reap what you sow good riddance

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There is support and there is responsiblity. With support comes responsiblity. Rangers have failed to show any reponsibility to the league and therefore are scarcely deserving of its support. In truth though, RFC have been given support. They now know NECO can return to the top table as required. surely nobody thought this wouldnt be without any punishement. If it had been several others wouldve folllowed to avoid paying banks back and as a result no clubs could lend from banks. This is essential and despite D&P's claims is helpful to Rangers. They now know exactly what they have to do and have all the facts ahead of CVA/NEWCO decisons. it removes summer uncertainty. It will also require an 11-1 vote to impose the TV sanctions. I'm sure any preferred bidder will offer a sweetener or 2 re long term redistribution to a friendly chairman or 2 to prevent that happening which will leave the 2 year points deduction. This will ensue adebt free club which will finish at least 2nd in these years and ready to go fully in the 3rd. Given just how deep you're in its hardly that bad is it?

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If you take the Ticketus deal out of the equation then the 18 million overdraft returns. Ticketus will get their money back through CW floating charge on assets.

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I think the 75% deducton for 3 years is a done deal, its far better than a 75% reduction in gate receipts for 3 years.
Please don't tell me Ibrox is going to be full of fans paying full prices to watch the Gers playing East Stirling( twice). Rangers average gate would plummet to 10,000 at half the old prices.

Its all been worked out, the big cash prize for Rangers is Europe in a years time.

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12 Apr 2012 15:20:45
NG says offer is still on the table
regardless of new sanctions (if applicaable)
source bbc

GMC

Believable17 Unbelievable9

HMRC will only agree to a CVA if the p in is reasonable and they are satisfied that the entity moving forward can meet it's tax payment obligations on time. With monies going to CVA and now a 75% reduction in prize money, NG's original offer if not revised isn't surely going to satisfy HMRC about future performance?

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Yes as i said last week, this guy is for real, he will be the preffered bidder, and his consortium with be the new owners of rangers ....jsm

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I'm wondering how to pronounce "Ng" without sounding like Lester Piggott.

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NG is pronounved 'ing' so the gentlemans name is Bill Ing, ironic or what as in we don't pay billing!

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12 Apr 2012 15:12:28
Explain this too me all spl changes need both celtib and rangers to agree so how come they can change the rules now.

Also any major points penlty will cause rangers to be relegated each season for nxt three years so any newco may as well start in div 3.

I think hmrc are behind this otherwise they will liquidate rangers and sell the assests, meanibg no newco

Believable8 Unbelievable28

How would we end up being relegated every season for the next 3 seasons?? We have managed to finish 2nd with a 10 point deduction in this sorry excuse for a league. If we hadnt blown the 15 point lead we had we would still have won the league even with administration.

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The 75% reduction in prize money needs 11 to vote for it. rest of proposals only needs 8 members to vote for.

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Maybe previous poster is thinking that the big players wont be there next season It will be a whole new team one way or another

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You would have to buy 3rd division players and pay crap wages. No decent player will play in that league.

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If your auntie was a man she'd be your uncle. We did blow a 15 point lead so lets stick with reality rather than fantasy. The vote doesn't need Rangers & Celtic to agree it just needs one of them that's why they talk about changing to a 9-3 voting structure from an 11-1 structure which we have at present. The current set up requires the other 10 to get either of the OF on board to win a vote.

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Im sure that Ibrox and Murray park arent parts of Rangers assets, pretty sure Whyte moved them to a seperate company. Cant clarify that though.

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Ironically, all the rules might not receive the number of votes needed to pass them in any event, seems some of the SPL clubs don't believe the sanctions go far enough and it doesn't discourage insolvency as an escape, so should be interesting.

Wonder if behind the scenes the SPL guys are using this as negotiating tool to change the voting and TV rights distribution. Just a coincidence that they've added those two subjects to the agenda for the 30th April meeting as well?

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Nothing to do with HMRC, that part of the OP was way off the mark. Anyway I can't see Rangers being relegated. Quite normal for them to finish more than 60 points or so above the relegated team, with 90 points or so. Even with a 30 point deduction Rangers will still be top 6.

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The 11-1 rule could be scrapped if we're liquidated which is,why these clubs are trying to liquidate us.

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I would like the OP to consider the financial and football reality of Rangers starting in Div 3. What would the average crowd be, what would the average ticket price be and what would the average player be paid ?
Plus no Europe, no TV money and no major sponsorship for 3 years.
Add it all up and try and downsize Ibrox and Rangers to accomodate this low turnover, its actually not possible.

Rangers would be back in administration in 2013.

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Im sure that Ibrox and Murray park arent parts of Rangers assets, pretty sure Whyte moved them to a seperate company. Cant clarify that though.

I have no doubt that is what he intended. Murrey went part way down this route and I believe still holds the freehold for murrey park with rangers as lease holders. I think the move by HMRC to bring forward liquidation halted that. Had Whyte done the same with Ibrox, he might have gotten away with it or he might have gone to jail theft, the law is bizzarly unclear on that.

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CW has secured the assets against the Ticketus deal, if the club is liquidated then the assets will be sold by CW for 30 million and the Ticketus money returned. No way did Ticketus give CW 30 million knowing the BTC circumstances without a guarantee, and no way would CW agree to a guarantee without securing it against the assets.

Its all perfectly legal.

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I think we need to all calm down and draw breath.

These proposals are for liquidation. We will not be liquidated.

So chillax on the rules.

The issue of timing is still to be discussed mind you.

FK THE SFA/SPL

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CW has secured the assets against the Ticketus deal

Not according to Duff and Phelps. This looks like a case for highly paid lawyers to debate for years

Have you read Dicken's Bleak (big)house

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12 Apr 2012 13:25:57
For the first time the Blue Knights have gone quiet in the media.

75% of prize money withheld by SPL and the Ticketus debt still to pay back just might be too rich for BKs?

Believable30 Unbelievable13

Liquidation seems the only viable option, there is just too much debt, too many penalties and too many legal disputes.

It will take Rangers at least 5 years to recover from this mess, and that is assuming the fan base stays loyal, or another liquidation or administration is feasible. Rangers are in a catch 22 position, they are only a big club if 45,000 fans turn up every fortnight, and traditionally 45,000 fans don't turn up to watch a mediocre team that can't win the title or get into Europe.
Any business plan will be based on 45,000 fans and I just do not see that happening for 4-5 years.

I fear this is only the beginning of some harsh realities for Gers fans.

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The BK deal is mostly Ticketus debt, the administrators have other options open to them to get rid of the Ticketus debt, they are hardly likely to see it as an advantage to other creditors. It must be liquidation, the SPL are clearing the way for this eventuality, Div 3 is not an option.

Its all over bar the shouting.

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Rangers (newco) will get voted back into the SPL only 8 members are required to support this (under the proposed changes to the SPL rules) there will be no ongoin financial penalty because 11 member would need to support this - that will not happen. Following, Rangers get off with a slap in the wrist for the financial mess and the shame that they have brought on themselves and Scottish football - the 139 years of history is lost because that is nontransferable!

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Lets get one thing clear, liquidation means dead, no more, an extinct parrot. There is no "this will take rangers at least 5 years to recover". There will be no more rangers. It would be like renaming a ship the titanic and claiming the iceberg just scratched the paintwork.

Wolvibhoy

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If it's Liquidation then Newco, then i want out of spl and start from scratch.
I'm over the history thing now, this nonsense has dragged on too long.
Let us die in peace and come back as a newco. The memories and honours will live on in our hearts and minds.
But...SDM and Whyte must be pursued and brought to justice for this on a personal level. Murray for tax evasion,Whyte for being a wee b for what he has done. So get your finger out CPS, and Strathclyde Police, These two are the main culprits in the murder of a once proud and famous club. There are others, but get these two first, and work back from there. RTID, Unfortunately it looks like my club will die before me,and that really pisses me off.
Stevie-A-Bear

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As you say, TBK have gone quiet. Perhaps it's because they have nothing to add i.e. they do not plan to liquidate and therefore this doesn't affect their position as already publicly stated.

More likely, in my opinion is that as usual, all three parties have been somewhat economical with the truth as they continue to jockey for the fans' support with soothing noises about CVAs when in reality the bids presented to D&P have liquidation (in whatever guise) on the agenda.

What I take from yesterday's statement by D&P is that at the very least the 'preferred bidder', as selected by D&P had liquidation on the agenda, hence the reversion to all three parties for confirmation that their bids still stand in light of the new info.

Of course I could be completely wrong and perhaps it is simply because all three bidders may now consider liquidation (when previously they wouldn't) on the basis that they now know what the price of a newco will be i .e. no euro footie for 3 years; two seasons of a 10pts per season docking; and only 25% of TV revenue for 3 seasons.

I've still got my fingers crossed for a CVA - and there's always the faint hope that Brian Kennedy may come in if liquidation looms.

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What are you talking about? Blue Knights dont want liquidation... therefore these penalties wont happen if they take over!!

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Kind of feels like we're on a life support system and people are arguing about who gets to pull the plug out and dispose of all the personal belongings. Will there even be a funeral?

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To all so called Celtic Fans who continually seek to take the moral high ground - either by posting on the intermet sites or on radio phone-ins and bang on about cheating and 'sporting integrity' - I would give them a wee history lesson about their own sainted club. Cast your mind back to March 1994 when your club was saved at the eleventh hour from BANKRUPTCY (a form of insolvency) bu acertain Fergus McCann. As all Celtic fans will no doubt comment "things are not the same as we never actually entered insolvency, so there...", a point which is generally recognised.

However they've conveniently brushed a very important point under the carpet. In 1990 Lord Justice Taylor concluded his report and recommendations for football stadia for large clubs in light of the tragic events at Hillsborough. The 'Taylor Report' made it MANDATORY for all clubs (including those in the Scottish First Division as it was called at the time) to have All-Seated Stadia by 1 AUGUST 1994. Apart from teams like Rangers and Aberdeen who had already invested in all seated stadia some years previously all other clubs either invested in the upgrade of their stadia to comply with the Taylor Report by this mandatory date - except one. Celtic FC. Final planning of the current Celtic Park was only put in place in December 1994 and Celtic were afforded the right to play at Hampden for a season to facilitate the LATE construction of their stadium, which was eventually completed in 1998.

First ot all - let's now look at so-called sporting integrity. did Celtic's previous regime divert funds elsewhere when the actual HEALTH and SAFETY of supporters was deemed mandatoty by the Taylor Report?

Secondly - did the SFA and other teams in the Scottish First Division agree to assist Celtic in their plight?

The one thing I can't find however is any record of financial penalties or points deductions imposed on Celtic.

I know it's along-winded posting guys but any thoughts would be worth reading methinks.

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Its not the first time that they have went for a cup of tea, its been happening
all administration!

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If as stated above all the history is lost, why then is a newco being punished? The History is staying, the Club is to be moved to a newco as an Asset. That is why the sanctions are being set against the Club. Rangers will never die! TPTB are doing all they can to save the Most successful team in Scottish and World football, and so they should... Rangers and the fans did not cause this, those running the club created this problem. Rangers will continue and generate turnover with which the taxpayer will benifit from for another hundred years. BTW, does everyone think that 10 points deduction will be enough to ensure Celtic win the League or will Lawell go for 20 as a security blanket? WATP!

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Liquidation will be the outcome no matter who gets control.
The CVA fantasy is just so whoever gets control can say "we tried, but....."
SPL may be paving a way for a parachute, but under SFA rules, SFA membership cannot be transferred.
I fully expect UEFA to get involved also.
People are concentrating on the BTC, forgetting about the 7 charges still to be heard next week.
Also tomorrow the 2 week grace period for submitting audited accounts to get an SFL license expires.
UEFA license has already gone.

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Why should a brand new company and football team be allowed straight into the SPL?
And why should any brand new company have punishments levied on it? It hasn't done anything wrong.
A newco should start in the lowest division without penalties. Anything else is just plainly wrong.

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The Football team is an SPL team which has been transfered to a Newco. The newco has done nothing wrong, however, the football team which it has aquired has. This is the price we must pay to keep the history of the club. WATP.

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12 Apr 2012 12:28:36
monday night ,ibrox ..rangers v celtic glasgow cup final ..lets get behind the young bears and help funds for the club ..fiver for adults ..2 quid .kids

Believable23 Unbelievable7

Aye right ive spent enough this season

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Surely if this is a cup fional they will be splitting the gate reciepts

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Totally sick now of feeding my hard earned cash to our club. Buy this, buy that, attend here, attend there. Its never ending and will continue as long as there are enough fools out there to get continually fleeced.
Our club should be embarassed. Not a single statement from them apologising for this mess we find ourselves in.
My cash input stops now !!! Others should follow, and follow soon.

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Maybe celtic should get all the gate money seeing that you owe us 40000

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Celtic u19s are Scottish Champions so well worth a watch and they did beat Rangers 3-0 last week!

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At the weekend who are the Gers playing again? - I've forgotten

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Weekend - Aberdeen, Hibs, Celtic, Hearts................lets all RED CARD to the tax cheats

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Some bitter people on this site ..Their team has just won the league and playing in a cup and their on a Ranger's rumours page posting tripe ...True what they say .some people hate Rangers more than they love their own team ..Ian.m ...

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Some bitter people on this site ha ha lmao, a Rankers fan calling anyone bitter? Scottish football has had to put up with your bitterness and vileness for over a hundred years, stay away from the boys game ,they don't want to hear the bile that yous spout.......Stevie

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Just shut up and go to the game.
the kids deserve their final to be a good one

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Well said above poster "just shut up and go to the game".......Stevie

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Stevie's that bitter he cant even bring himself to write Ranger's name properly ...

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12 Apr 2012 12:27:41
To all these posts saying Rangers will only be deducted 10 points next season if form a Newco and access SPLPlease re-read the proposed rule.

Under the SPL's new proposals, clubs who enter administration would be docked at least 15 points instead of the current penalty of 10.
If passed, clubs who suffer an insolvency event would incur a penalty of the greater of 15 points or a third of their total of points from the previous season.

Rangers current points = 63
So even if Rangers lose every game til seasons end, the deduction = 21pts
For every 3 points Rangers accumulate til end season another 1pt will be added to the deduction.

So realistically we will be looking at a 25pt deduction next season.

If its a newco, its gotta be SFL Div 3 for me. Help out Scottish Football by bringing much needed revenue to smaller clubs through gate receipts etc. Only then can we redeem ourselves.

W-Lyl

Believable35 Unbelievable6

Rangers in Div3 is not a viable proposition, the structure of the company could not be downsized sufficiently to accomodate average attendances of 10-15,000, plus the loss of SPL and TV money. It is unrealistic to expect large numbers of fans to turn up at Ibrox to watch Junior football for 3 years in a recession.
Prices would have to drop reducing income even more, its just not possible.

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I for 1 don't see this happening as the spl have already gave out there punishment for us entering admin so if the spl tried this then uefa or the european governing body would step in !!

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It will only be a 10 point deduction, it would only be about 21 if we have a second insolvency event

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Hard luck then !if you cant do the time,dont do the crime.simples. dd

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Rangers are not guilt free, but the sanctions being discussed by the SPL are badly timed, over the top and seem to ignore the fact that the biggest gates smaller clubs achieve is against the Gers.
Reminds me of the story of the boy who killed the Golden Goose.

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Clearly have not read the report yourself have you?

If rangers were to either come out of administration and go back in over the summer or dont come out of it at all by the 3rd August (day before season starts) then we would be deducted a third of this seasons points total.

If rangers come out of Administration via a CVA then they start next season as normal

If Rangers come out of administration via a "newco" then we would start the next 2 seasons with 10 point deductions automatically.

Point to note if we went into administration at any point next season, even after a "newco" is formed, we would still be hammered with an additional deduction of a third of this seasons points

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This article explains clearly about the new rules. Seems we would have til August 4th to get out of admin. IF the PROPOSED changes get through the vote...

http://www.telegraph.co.uk/sport/football/teams/rangers/9198055/Rangers-administrators-postpone-preferred-bidder-announcement-due-to-proposed-SPL-rule-changes.html

The proposed penalties cannot be backdated but they would apply to Rangers if the club does not emerge with a CVA before next season opens on Aug 4. Should Rangers still be in administration on that date, they would open their campaign with a minimum deduction of 21 points and a maximum of 26 points, if they win their remaining five games this season.

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You think 50,000 fans are gonna turn up at Ibrox to watch Div 3 football? Think again fella, wont happen. Lucky to get 10,000. Wont help Scottish Football at all, if anything, it will be the catalyst towards the death of Scottish football.

Rangers and Celtic TOGETHER are needed by the Scottish Authorities.

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"If a club remains in administration going into a new season, they will only be forced to start on minus ten points. No greater sanction will apply unless they are subject to a new Insolvency Event." It appears you don't read!

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I am an Ayr Utd fan and I think these new proposed changes are shocking! Whilst I agree with the 10 points Rangers were deducted, I do not agree with with these new proposals. Scottish football should be trying to HELP clubs in distress not adding to the problems. We should take time to consider any new changes instead of these knee-jerk reactions. Changes should only be made after the season has ended.

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Surely if you liquidate then you are a new club? So they cant take a third of your previous season as it is actually your first ever season?! As you dont keep your history lol

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If Rangers are playing Div 3 football and winning every game, the crowds WILL come to Ibrox. I mean, where else would they go? And what's wrong with seeing us score a bunch of goals against the wee teams?

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Lucky to get 10,000? i am sure no other team in the 3rd division gets that kind of attendance and of course we would have to downsize but we will still be strong enough to walk that division. We would also win the 2nd & 1st division and in 3 years we would be back to the SPL. Each year Rangers would get higher attendances and the team would get stronger. You also need to think about how much weaker the other teams in the SPL will become if Rangers leave the SPL. No sky money, no sponsorship and no Rangers away support. The league would collapse and contrary to what the dhims tell us they would suffer to. It's not ideal going into the 3rd division but it's not the armageddon some people think

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Winning will only bring more deductions. Does that mean we should hope to lose the remainder of our games.

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Why all the comments about Rangers only getting 10,000 to 15,000 crowds in Division 3, of course you's wont...you dont do walking away remember

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I say stuff the spl and celtic, they reckon they dont need us anyway, lets move to the english lower leagues and work the way up, thats where the money is

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If Rangers are playing Div 3 football and winning every game, the crowds WILL come to Ibrox.
----------------------------------------

I simply do not believe Rangers fans will pay full prices or turn up in great numbers to watch East Stirling ( twice).

Rangers is structured to be a big company, it is not possible to downsize it to suit a small turnover. The bills at Ibrox and Murray Park do not shrink because there are only 10-15,000 fans turning up once a fortnight and paying half prices.
Rangers will not put out or pay for a SPL team to beat Divsion 3 rivals, the football will stink and the crowds will reflect the quality of football.

Rangers is not GRETNA or LIVINGSTONE.

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Its a long time since a listened to so much pish die

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12 Apr 2012 09:59:48
Heard that Rangers turmoils are to be brought to the House of Commons. David Cameron want Rangers to be allowed to start as a newco in the lower English Leagues.

This is seen by him and his party as providing another bond in the Union that will be harder for the SNP to break with devolution and independence.

Expect Rangers situation to become very political over the next couple of weeks.

Believable48 Unbelievable50

Where you hear this

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What a load of nonsense.

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Governments CANNOT interfere in footballing matters! Against strict UEFA rules. Would mean all British teams would face sanctions if the government got involved! So it's just a rumour I'm afraid.

Campsie Bear

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That is a funny one. Maybe back in the Thatcher days such a conspiracy might have stuck but Cameron really doesn't bother himself about his troublesome northern neighbour.

Curiously I think the English structure would welcome Rangers if the circumstances are right. Probably means starting in the Northern League playing the likes of Blyth Spartans though. A long way to the prem from there. Maybe buy Blyth Spartans?

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I really hope that is the case, however I think D Cameron has more on his plate at the moment. It would mean that he would have the support of all Gers fans tho, so would be a smart move.

J

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I'll have a pint of what you're drinking!

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Put the glue down and walk away

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I know this is a joke. But just to point out any political involvement of any sorts would result in fifa's disapproval. and could mean sanction for any federation if politicians try to intervine in any aspects of the sport.

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Aint gonna happen.

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You are 11 days late with this story.

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The best yet ya muppet that would break the union think

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Stop talking Pish

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Well with the problems in Syria and the increasing tension with Iran, not to mention the ongoing Eurozone problems I can definitely see why Dave would want to make this a priority - national emergency isnt it.
Strangely enough I was down in England last week and the plight of Rangers wasnt a major topic of pub conversation, in fact noone mentioned it at all.
That just shows how ignorant the man in the street is of the really really important public issues I suppose.

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No chance he's not daft there are far more fans from other teams in Scotland than rangers fans.

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Best 'rumour' I've heard in a long time! If you can't laugh, you'll cry! lol

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Apart from the fact its against English and UEFA rules this is a non starter. Unfortunately we are stuck with your cheating, bigoted corrupt mob.

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You're stirring the political s**t - very silly!

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I am just home from Turkey and there is no mention of the crisis at Ibrox, and they dont care about a second rate nations football woes, so why would the Westminster government care? you have been wound up like a clockwork toy, been reading the redtops again?

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The irony people lambasting posters on here for posting rumours on a rumours site is breathtakingly hilarious

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This allows to be published on Rangers Rumours????? Gosh - no wonder the peeepul demand the money and the Gers oot o business defunct. I demand to go shopping at Tesco Murray Park.

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I hear Kofi Annan has contacted D&P, don't have all the details yet, will keep you updated.

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This takes the prize as being the most rediculous rumour since the rumour site was created.

Phud

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This rumour sums up the RTID & WATP brigade - grasping at anything!

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What we need is an all British League with all British teams in it. And a GB national side. A completely revitalised sport and enough TV money to go around for everybody.

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The original post is verging on lunacy. It's the type of post you'd see on Follow follow.

Ludicrous.

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British League?

(1} English dont want us.
(2) Whos going to travel from Southampton to Aberdeen?
(3) Scots will get Independence within 8 years probably.
(4) English dont want the poison that comes with Old Firma and other sectarian teams (Remember Manchester).

You are thinking like a ten year old.

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There are many reasons why this could not be sucessful.

The most fundemental one is that the large majority of English league teams would oppose it.

It has little advantage to them.

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Correct in posting that English teams don't want the old firm.

But they could be persuaded to accept a Scottish newco, not affiliated with the old firm...

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Incorrect in posting that they could be persuaded to accept a Scottish newco, not affiliated with the don't want the old firm.

Your comment maybe not insult your intelligence but is all other readers of this site.

Its plain silly,

Read the majority of comments above.

Liquidation is inevitible. EBT case will be the last nail.

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How desperate is that ?

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Lets not get too carried away her troops just imagine the timmys faces if this rumour was true it would send them all to the mental hospitals across the country seeking prozac for there paranoia n conspiracy illness
i for one stop voting bnp to vote tory just to see them lol
david cameron for rangers chairman with her maj as cash unvestor lmoa

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Such Fantasy. Much preferable than reality for some I observe.

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Think the reader above is in need of prozac..wait till nxt week when alex thomson has spoken to Uefa about murdo and wee salmonds involvement in trying to get favour for rfsee and see if yer still laughing.Now i can see a different scenario!

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What a load of rubbish, who honestly believes that DC has any interest in what happens to our club? Our business is as a private club and has nothing to do with the running of the country which is the PM's job by the way.

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Tight lines ger1952

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