Rangers Rumours Archive February 28 2012

28 Feb 2012 22:54:49
Rangers players vote against a wage deferal. Source is the BBC sportsound podcast from wee Chick almost greetin.

Walk Away it's the Rangers Way.

Especialy is your on £25k a week.

Of course the BBC podcast must be right, being the most reliable, honest, trustworthy, discretionary source of true, honest, discrete journalism.... Ah-hem

Cant see it, unless they know something we dont..... craig+babybear

22 players voted on a one month wage referral, the outcome had to be unanimous, 7 said no, so thats that.

Now the Adminstrators will have to make cuts balancing talent against wages.

As a neutral observer I am disappointed in the 7 players who refused to postpone their wages for one month. These men know the potential consequences of their actions, redunancies may prevent RFC getting 2nd place and into Europe, which devalues the club even more.

I have been impressed with the fans sacrifice and loyalty, its a pity that one third of the players did not share it.

That it makes no difference

The BBC has been right with most things about Rangers. Sad that some fans still refuse to see it.

Heard this also but told players voted against after taking advice.I don't know the legalities but was told players would in effect be voting for a breach of their own contracts,and this would affect their rights if the club were to go bust.

If the 8 administrators are taken fortunes out the club why should the players take a wage cut?

The BBC has been right about everything else.

"...redunancies may prevent RFC getting 2nd place and into Europe..." - Correct me if I'm wrong, but I thought we wouldn't be allowed into Europe whilst in administration?

"...redunancies may prevent RFC getting 2nd place and into Europe..." - Correct me if I'm wrong, but I thought we wouldn't be allowed into Europe whilst in administration?

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You are correct, but we must assume they will not be in Administation by March 31st and the differnce between 2nd and 3rd in the SPL is nearly a million pounds.

The players actions reduce the current and future value of RFC, all for one months deferral of wages, they would have got double wages at the end of March. This suggests the Administrators are confident of a CVA and sale by this date.

No Europe and no 2nd place could tip the scales of liquidation.

28 Feb 2012 19:43:11
Two contracts?

A report in Sunday’s Scottish Sun appeared to show a draft letter to an anonymous former player, which stated significant money for playing activities would be paid via a “remuneration trust”.

STV understands that if conclusive evidence can be produced, the Scottish FA could launch a wider investigation into the conduct of the club and whether there were breaches of their registration procedures

The regulations of the Scottish Premier League also require for “contracts of service and all other agreements providing for payment” to be lodged, in order for a player to be eligible to play in league games.

An independent investigation, chaired by Lord Nimmo Smith, is currently underway into the directorship of Craig Whyte at the club and whether the owner is a fit and proper person to hold a position in football.

.....How bad has the club been run?

We dont kno how bad its been run , nothings been proved about anythin yet , tedbear

I had an EBT with my own job, its only a letter of intent they had. its not a contract. Stop believing everthing you read in the papers.

So was your EBT pertaining to wages? did you have to pay monies back as per a loan?

Well it's all out there it is a shambles ..And i think there will be more to be uncovered

It will be a contract if the actual payments were made.

His EBT was an Employee Biscuit Tin

Mac

Try common sense here.News International are still being dragged through court over hacking scandal,etc.If you honestly think that they have launched a new paper with a dummy story then you are wrong.I would bet The S*n On Sunday will have all the evidence they need to legally back up their story.It's not bias,it's common sense.Roger Hannah,on SSB last night stated the S*N were 100% happy with the story.It's there,another nail in our coffin.I'll say it again,and there are other posters on here,fellow bears who understand,we are in big trouble,and no amount of blaming so called timmy imposters,etc is going to get us out of it.Just shouting WATP means nothing.Unfortunately,it's probably too late.Liquidation is almost a certainty,with very little time to start up a new club for next season.The day the liquidators walk into Ibrox,there will still be A MAJORITY who will think this cannot happen,we're too big to fail.For over 6 months I've tried to tell you on here what's happening to our club.Apart from a few fellow posters who have bothered to check the facts,most replies to our posts(and will be to this one also)are that we're tims etc.We talk sh*t,,WATP. Unfortunately,everything I've posted has turned out right.
This post makes me angry.I'll say again what I've been saying for months,although I think it's now too late.Get your heads out of the sand.Ask what you can do help.Bravado doesn't work,action may,even if it's to back a new club.The choice is yours.

Well said, the S*n would have run this story past their lawyers and only printed what they could provide evidence for.

Rangers are absolutely goosed.

Mr crystal ball there if u know evthin then wots comin oh n see the s*n there rumour mongers half a story depending on whos corner there in

Any of you still have a recording of the BBC prog back in November in to Whyte - when you were 7 points ahead of Celtic? Watch it. I don't expect you to p$ss yourselves lying like I did but I do think you will be amazed at how accurate it has turned out to be, and how similar it is to what Whyte has done in the past.

Have any of you seen this so called letter? My mate (Celtic fan) kindly emailed me what was floating about on twitter (and supposedly what the S*n have as evidence). It is nothing more than an A4 bit of paper, with a couple of names ie. player and whoever signed it off, along with the way the payments are structured. Funnily, there is no Official Rangers Letterhead. You or I could have typed this and sent it to the media. I'm not saying the letter is true or false....but it certainly doesn't look official.

Thats funny Mac lol

An EBT is never part of a contract, if it was it would be illegal. If your comapny had an EBT and if you were allowed to enter it you could requerst loans from it. Your Employer would put funds into the trust and you could request a loan from it while you worked for the company. It was never classed as a bonus or salary. If you worked for the comany and were allowed to access the trust you could. Remember the EBT had an administrator it was their job to manage the trust not the company you worked for. If Rangers used an EBT it would be illegal, but I doubt rangers were that stupid. Plus if it was that clear the verdict would of been out by now.

I think we have been caught cheating lads

28 Feb 2012 16:37:11
hearing vladimir romanov is planning on suing us for loss of revenue thinks he has an airtight case in retaliation for not paying for lee wallace thinks he can make a case stick because of the registration carry on

Not a hope, he agreed to sell him in the first place, next payment not due for another few weeks.
regarding the registration carry on, got nothing to do with the signing of lee wallace.

Das Shadow

As a businessman with, I'm sure, legal advisors, he'd know fine well that he has to wait along with every other creditor to be approached by the administrators, as part of due process, in relation to outstanding debts. So this rumour is like so many others - a load of Craig Whyte!

He wouldn't waste his time, he'd be at the end of a very long queue, lucky to get 5p in the £.

Yeah heard he has approached the spl about ringfencing monies from tv deal and prize money to pay the 3 spl teams we owe money to apparently clause in articles of spl would allow this as long as it is before the monies are paid to the administrator

Maybe he isnt suing for financial reasons but more the case that he wants to put pressure on the SFA/SPL to act

He's got a cheek that 1 !

Vladimir Romanov ought to be put in an airtight case,
RS

Whay do you mean he has a cheek, he only wants money that is due to his club

Ed - you won't post his but here goes anyway. romanov should be investigated by the SFA and UEFA as he has dodgy business practices to say the least and for a witch hunt to be conducted against Rangers is immoral and in the self interests of other member clubs. Lets just and I mean just suppose that if a certain cretin at Parkhead suggests titles are stripped from Rangers then it is logical that all other clubs would in theory move up one place in the league and as such be eligible for more prize / tv revenue {Ed001's Note - I am lost as to how someone at Parkhead relates to Romanov needing to be investigate. Could you explain for me please?}

What money are hearts owed? The deal.is next installment July isn't it? He may not get his money but as of yet its not due.

The blasé attitude of rangers fans is astonishing. Not one piece or remorse or apology for the teams, "creditors", of which many are low paid employees, who are out of popcket and facing an uncertain future due to the shocking tactics employed by CW. Its Hearts to balme for dare asking for monies due in a transfer, Utd for asking for money due in tix, same for Dunfermine and dont get me started about the unbelievable piece in DR today about Celtic. All everyone else eh!

Yep heard that, ive heard hes got big lawyers on it, well it is 800k,

Correct me if I'm wrong but hearts are not dur their money til July. So we are not late in paying. It is they who are moving goalposts. Im sure rangers are due money from other clubs for players sold not sure possibly bougherra. So balls to romanov. That is football. If your trying to tell me rangers are the only club in Scotland who don't owe money for players. Get real.

28 Feb 2012 15:51:45
Press conference 5.30pm tonight apparently.

Source-Twitter

Just like the press conference at 4,45 today.
Dont believe everything you see on twitter
Das Shadow

Yeah, cos Twitter is a really reliable source. Sorry, but unless Duff & Phelps say anything then I don't believe it, unless its from a reliable source AND confirmed by them at a later stage

Any idea when this news conference is starting? Its getting late and i would like to go to my bed

28 Feb 2012 14:53:50
Who seriously thinks that the old firm game on the 25th of March will go ahead?

Please press the Believable or Unbelievablebuttons or leave a comment.

Depends on Whyte. He needs to walk away.We also need to get the money from that London account to tide us over.Hope the Ticketus story in the DR is true, that just may be the significant denominator between the old firm game going ahead or not.

Its already been confirmed all matches between now & end of season would go ahead, with agreement made already between rfc & strathclyde police regarding policing of the old firm match. so this question is irrelevant

Why not. Bring ot on.

The police have guaranteed the game will go ahead but if liquidated it cant.the game is changing daily.the administrators cannot trade into insolvancy thats the problem

It will go ahead. If money gets tight the administrators will void the season ticket books for the remainder of the season and then sell tickets on a match to match basis.

Give me one good reason why it wouldnt go ahead they have already said all games at ibrox will be played and we need every penny from every home game and the old firm home game for us will be the biggest earner of them all

Administrators can not void the season ticket books as they are owned by Ticketus. I'd say 50/50 for the game - and no Celtic fans will be there - the possibility of trouble is too great.

Eh... why wouldn't it ya fud? lol

Oh the celtic fans will be there alright. Weve already got our invitations and our best party outfits are ready. Dont you think that your fans can be trusted to behave themselves it will be a party atmosphere after all.

Not sure whats happening tomorrow or the day after or the 16th?

God knows the state by the 23rd!

Celtic fans causing trouble they will be to busy partying to cause trouble. As for all you bears who say Celtic fans shouldnt be allowed to the game because the fans destroy Ibrox. Celtic had to spend in excess of £100,000 to repair the Lisbon Lions stand after the christmas old firm game soo dont stand on the high ground.

There will be 7,000 Celtic fans partying like the wind inside the Broo Camp on the 25th of March , providing Rangers are still in business .

The season books cant be void hope the game goes ahead but things seem to get worse day by day god help the state of us by then not looking good im afraid

Rangers fan here for the sake of the club and scottish football i hope the fans of both clubs behave

Celtic fans have to be there as there has to be a certain number of tickets given to the away side.

28 Feb 2012 14:36:12
Admn meeting called 3pm weds
Exclusive

Exclusive by who? the voices in your head? no source = 99.9% certain lie

Oh yes there will be
You can say sorry at 3

Dont think so. i posted that at 4.15pm. Its now 4.50pm & still nothing official. so no, I wont be saying sorry at 3pm or anytime soon by the looks of it. As stated here on many occassions, no source means its more than likely false!

I would believe it if it was on Thursday, not a few hours before a Scotland game. the press will be at hampden park.

Das Shadow

Oops! just realised this is Tuesday, not Wednesday. Suppose that's what happens when you're trying to post things from work & concentrating on that at the same time. Course, I'd of realised that if I was like the original poster, sitting on the dole making up inane drivel!

The Shadow why would the press be at hampden,is the game not in Slovenia?

28 Feb 2012 13:01:25
Rangers hopeful that £24m Ticketus deal can be written off in legal row

http://www.dailyrecord.co.uk/football/spl/rangers/2012/02/28/rangers-hopeful-that-24m-ticketus-deal-can-be-written-off-in-legal-row-86908-23768226/

Thats still £24m more you owe then

What happens if we don't pay Ticketus the £24M surely thwy will try and recover it from the bank since it was used to pay off our overdraft, then we are still in the hole for £18M

As the ticketplus money was paid to cw to purchase the club then the debt lies at his door not that of rangers as whyte seeled a deal prior to buying gers then debt in that case is one not liable to rangers but to that hatchet

Let them chase craigy boy for the dough.

O K this is clutching at straws time.
Do you not think that the ticketus company would not have had their legal team crawling all over this deal.
No company enters into such a deal without expert legal advice

Well in that case , do you not think rangerrt would have done everxthing by the book when they wer using ebt , tedbear

What is not mentioned in the DR report, and a very crucial factor, is the presedence that has been set by the previous board in the ticket arrangement they had with future sale of season books to Ticketus. This arrangement has been going on for years.

Although the moneies were paid into Whyte's account, the deal was still between Rangers and Ticketus, so legally it is Rangers who are contracted with Ticketus.

And as for the DR's take that Ticketus wrote directly to the administrators rather than their lawyers writing to the administrators, means that Ticketus believe their case is weakened, the exact opposite could be argued. They feel their case is so strong they do not need to involve their solicitors.

And as for the argument "They will argue that personal rights can’t be assigned and that the rights in this case belong to season ticket holders." What a load of nonsense, that would mean then that Rangers do not own the season books in the first place it is the season ticket holders that own them, and therefore Rangers cannot sell them.

And what really makes the story ridiculous. The DR state that Rangers want the monies still lying in Collyer Bristows bank account. Well if the Ticketus deal is invalid, this money would be returned to Ticketus and not go to Rangers.

This story is a load of nonsense and going nowwhere.

If you say so mate then it must be true or is it just Your opinion.

Please explain how money paid into Craig Whytes lawyers account would make Rangers liable? When at the time Whyte had F*** all to do with Rangers.I for one do not believe everything that the papers print but because Rangers used this company before does not in this case set any precedence unless the owner or board sanctioned it.

To the poster two above
what gives craig whyte the power to sell the rights to our season tickets when at the time he did not own rangers thats like me taking out a loan on your car to buy your house.

Lawyers for ticetus have said ..Rangers have no case... Even now they are still trying not to pay what they owe ...But no luck..As if a company the size of ticetus is going to let any company try and use any law against them .I get the feeling a company this big will have everything covered

The ticketus deal would have been prepared beforehand, but only legally binding from the day whyte took ownership of Rangers. That way both parties are protected if all fell through. My first thought was that he didnt have the power to make the deal, but he set it to be binding on his first day as OWNER. Little weasle!

Usual fantasy yarns from the inept daily record building up hopes to increase hope and sales in that scandelous rag.ticketus deal went through with david murrays full co-operation and knowledge, its the same way the glaziers bought man united.

..As i understand it the Ticketus money was paid into Whytes soliciters bank account almost a full month before Whyte became owner of Murrays shares...i really cant see how or why he can borrow that kind of dosh against Rangers assets(future ticket sales) when he didnt own the club....something dodgy has gone on and i hope and pray that that pasty faced little t**t gets landed with the ticketus liability...just a thought what would have happened if with all the dosh in his lawyers account Murray had changed his mind and refused to sell to him?..

Thats why I thought it would have to be like a sell or return basis, hinging on the first day of whytes ownership. But if the money was transfered a month before this date, that sounds really dodgy! And theres the question of how the money was used (to buy Rangers), the term Finacial assistance is now in circulation. Was there no due diligence from Llioyd & SDM? Our club's in a sorry state. We desperately need some Rangers men on board.

What people need to understand is that Ticketus deposited £24.4m into Craig Whyte's solicitors (Collyer Bristow) client account prior to Craig Whyte becoming a director of Rangers.

At this point there is no agreement between Rangers and Ticketus for Ticketus to purchase future season books from Rangers.

It is believed that due to Craig Whyte's connections to Ticketus he has been able to arrange for this to happen.

The reason he has done this is so as he can provide proof of funds to Lloyds Bank and David Murray, so that in the event he purchases Rangers there is cash available to pay of the £18m debt.

If he doesn't buy Rangers, then the £24.4m can be returned by Whyte's solicitors from their client account to Ticketus.

Ticketus are protected whilst the money is in the solicitors client account because Whyte does not have access to it and in the event he doesn't purchase Rangers the money is returned.

Once Whyte has purchased Rangers, he then after this date signs the agreement with Ticketus. This is crucially important. It is only after he becomes owner of Rangers that he signs the deal with Ticketus.

Whyte then has access to the £24.4m and uses £18m of this to pay off Lloyds. Where the remaining £6.4m is anyones guess.

The benefit to Ticketus is that if Whyte does purchase Rangers, then agreement is concluded between Ticketus and Rangers, and Ticketus are then able to make a profit on ths future sales.

If Whyte doesn't purchase Rangers, then the money is returned by his solicitor to Ticketus.

Why would Ticketus be prepared to do this. It's the opportunity to make several million pounds profit for depositing money in a solicitors clinet account, with no risk, other than the solicitor stealing it, which is not going to happen.

An earlier poster asked why would the money be deposited into an account other than Rangers. In commercial transactions the receiver of the money simply has to provide details of the bank account they want the money paid into. Seems strange I know, but this is perfectly normal in commercial transactions, and in this instance Whyte has obviously been able to use it to his advantage.

There is no doubt that the deal is between Rangers and Ticketus because at the time of the agreement being made Whyte owned Rangers.

Naw what you meant to say was , Rangers hope that HMRC , Ticketus and every other creditor write off their debt m8t .

To the poster who started "what people need to understand ...

- I suspect and fear you're probably right.

However, is this legal ? Why did Ticketus effectively allow their money to be used to mislead parties into believing Whyte had the money himself ?

What have Ticketus secured their money against ? Do they not stand to lose almost all their money if Rangers are liquidated ?

Surely this was a crazy deal for Ticketus to agree to, particularly with the big tax case unresolved ?

You seem to be pretty clued up.

One mess after another what a sorry state the club is in we rangers fans have been taken for mugs disgruntled bear

To the guy who said:

"- I suspect and fear you're probably right.

However, is this legal ? Why did Ticketus effectively allow their money to be used to mislead parties into believing Whyte had the money himself ?

What have Ticketus secured their money against ? Do they not stand to lose almost all their money if Rangers are liquidated ?

Surely this was a crazy deal for Ticketus to agree to, particularly with the big tax case unresolved ?

You seem to be pretty clued up."

Ticketus will argue that they were providing Craig Whyte with proof of funds, conditional on him purchasing Rangers. It is exactly the same as a bank providing proof of funds to a property developer, conditional on the developer purchasing a property.

It's unknown whether Ticketus have secured the future income from seaon tickets sales against Rangers assets. If Rangers stay in administration / come out of administration then the Ticketus arrangement continues as normal anyway, so there is no risk to them. If Rangers go into liquidation then the deal between Rangers and Tickeus is no longer valid. Folowing the formation of a newco, the newco will be able to sell season tickets and keep 100% of revenue. If there is no security, Ticketus will have no claim against Rangers (old club) assets. If they do have security, then they will join the list of creditors.

It was a risky deal for Ticketus to get involved in, especially as the return of their investment is over 3 - 4 years. Commercial prudence would tell you that in these circumstances the would have taken security out over Rangers assets. However, given the HMRC debt and Whyte's floating charge, they will not see anywhere near the £24.4m if Rangers get liquidated.

So "if" its legal, does this now point to "financial assistance". Does whyte have knowhere to run or has he covered his bases?

I wouldn't think it would be clased as Financial Assistance.

This is Whyte's game, it's what he does, so I'd fully expect that what he has done is legal. A good indication of how strong the legal position will be is to look at what solicitors he has used. Collyer Bristow are a very reputable firm so I'd expect all the boxes to be ticked.

It was also interesting to hear the views of such a deal structure from an expert from Ernst and Young on television last week. Whist he said this was unusual in football deals, he said that it did happen in more mainstream company purchases. He did not find anything unusual in it. He did however point to the fact that Man Utd and Liverpool were purcahsed using similar structures.

My own thoughts are that Whyte has not sold assets of the company to raise this money. He has simply sold season tickets in advance. Season tickets are not classed as an asset, and are not included on the companies balance sheet.

Whist it looks as though it is legal, it is without doubt immoral.

Thanks for replying to my post and providing such a detailed, but simple explanation of the likely "set up".

How on earth did David Murray's advisors not anticipate this happening ? You'd have thought he'd have put in some protection to prevent this outrageous asset stripping. SDM must be very experienced in such business dealings and would surely have been using top legal advisors. To leave "the back door wide open" for Whyte to strip the club bear is frankly unforgivable and totally negligent. Surely SDM has failed catestrophoically in his fudiciary duties to Rangers' shareholders.

Could Whyte's failure to disclose his previous disqualification to Rangers' minority shareholders leave his takeover open to a legal challenge ? Would the success of such a legal challenge hinge on whether SDM knew or not ? Was this deal sanctioned by the Mergers & Takeovers' Panel in the City ? If Whyte didn't declare his previous disqualification to the City, could this justify and sustain a successful legal challenge ?

Gav

28 Feb 2012 12:13:27
As far as the should Celtic pay up front argument, they wanted us to pay up front. So in turn they should have to do the same. If they don't then we sell all the tickets to Rangers fans, and bare in mind we would make more money that way because we could properly fill the stadium with no police cordons.

GovanFR

Would never work sfa rules state other supporters entitled to tickets.
Honestly would YOU pay up front to a person or business in the situation Rangers finds itself.

Exactly well said - would mean they would do the same at Parkhead but who cares we don't see any money from that anyway. If they don't pay then we will see it out would be better that way we don't have to listen to them for 90 mins!

GovanFR they are trying to humiliate us even more,so for that alone I wouldn't give them the tickets! Pretty (intended) low blow from that lot but what do ya expect! Wait an hear all the mhanks "back in 94" "it wasn't that in 94" change the p!ssing record ! PaulRFC

I can see where the people are coming from saying "would you pay up to a person or business in the trouble that Rangers are in" thats all fine then but if I had a business and had dealt with my associates fairly in the past i.e. paying for tickets upfront in the past I would expect the same back when in a period of ill-health. Celtic as a business associate have shown their true colours and in the future when we hopefully come out this mess we should not forget it!

Celtic will pay up front,but 5 days before the game as you did for the parkhead game.still reading the record guys? will you never learn

Rangers will get its money, just not 4 weeks before the game, alot of water to pass under the bridge before the game, anything can happen. Rangers payed Celtic 4 days before the last Old Firm game so i can see it being the same with us. Mind you, Mr Lawell might come on here and see the begging letters and feel sorry for you lot.
We are Glasgow Celtic, NOT a Rangers charity.

Joeshmo1888

Can I ask why all the negative press n comments towards Celtic re this matter? 3 spl clubs have been left financially out of pocket over ticketing. Why would they then offer £300k for a game that might not even take place? Wld u pay in advance for any product from a company that is on its knees and potentially looking at liquidation. Don't think so

Well well, its coming back to bite you. Remember us - Airdrie, a certain Mr D Murray said to us when we owed you money, I am not a charity, I have to look after my own club and employees - no credit allowed. So glad that the Celtic have done this to you, and I don't even like Celtic.

Septic can't afford to £7 m in debt

Pathetic rankers fans begging for our money and insulting at the same time, maybe you should pay hearts, dundee utd and others before attacking others for smart business practice.

Give celtic their tickets, but no the number they usually get. They can have a single row of seats surrounded by police. end of.

Well said Joeshmo1888

Do we owe hearts then? I'm sure our next installment on Wallace is July. Unless I'm wrong. I know they asked for early settlement. But what was originally agreed was July.

Id give the dheclans 1690 tickets for the old firm and let them sit in the corner.
drumlad

It wont matter anyway. once your liquidated the game will be cancelled. So stop your bleating and pay the honest people like Dunfermline and Dundee Utd what you owe them and stop feeling hard done by. BUT WAKE UP its you lot thats been cheating all of scotland but more importantly the TAXMAN for years now and the reaper is coming. Tick tock tick tock

Well said drumlad fk them

So much for all the comments from the Celtic fans last week asking for our thanks & appreciation for their goodwill gesture eh? Looks like your club aint as generous as you thought, any apologies?

Rangers need celtic's money more than Celtic need their supporters to be there. bite your nose off to spite your face financial advice from rangers supporters. You might rip the arse out of everyone else but don't beg from us.

" Septic can't afford to £7 m in debt "

What drug is this RFC poster on ?
With 2 Billionaires on Celtic's Board, £7M is just pocket money for either of them.


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Rangers paid 5 days before the last game. Now Rangers fans are complaining that Celtic havent paid a MONTH before the next game? To a club who might not still exist by all accounts?

Dont try to blame this on anything other than common sense from Celtic. Rangers dont have a divine right to other SPL clubs money if they cant be trusted with it.

If your oh so loyal players had agreed to a wage deferal the club wouldnt need Celtic to bail them out with the cash.

Govan FR , what planet are you from ? Rangers cant sell all the tickets to Rangers fans , its against SPL rules , but there again your lot dont play by the rules , do you ? and if it was ok to fill the Broo Camp with Rangers fans you'd still need to have police there , you dont half talk mince .

I forgot Rangers have a Billionaire shareholder with wealth off the radar pmfsl .

Stop the arguing, give them f**k all. They don't need us we don't need them. Whatever will be will be liquidation/administration whatever. Simple!

How many people would pay for something up front when there is a strong possibilty that the item you are paying for may not be available? No, Celtic are not being nasty merely practising good financial management which is what the board at Rangers have failed to do over the last years.

28 Feb 2012 11:23:22
Brian kennedy ( sales sharks owner)
has had talk with administrators at
rangers, he would be intrested in take over but feels consortium is way forward for gers has went on to say he doesnt want to be part of consortium.

He is probably only person at the minute who has the wealth and buisness sense to take us forward, would like to see a fansperson on board but can a consortium come up with the cash AND STAY CLEAR FROM DODGY DEALINGS. thats why id like kennedy on top... craig+babybear

Do you know what brian kennedy did to stockport county! there in dire striates themselves now, i should know i live here. 1.said he would invest in the club then didn't
2.took the ground of them and gave them an option to buy it back for 3/4 mil down the line, impossible!
3.Council have had to loan stockport 180,000 to keep a float. please post this ed
Kizza- stockport true blues!

He is only worth 300m that isn't enough for him to fund the club unless he gets help

Just looking at stockport county pages frying pan to the fire comes to mind not a great deal of goods things being said about this guy.. in peace

28 Feb 2012 07:59:38
Morning fellow bears the plot thickens ; THE Old Firm are locked in a cash feud after it emerged Celtic have reneged on a deal to hand over a £300,000 advance on tickets for next month’s derby clash.

Anxious Ibrox staff fear the move may force more job cuts at their stricken club at a time when administrators are trying to unearth enough money to keep the business running.....never the septic changing their mind...showing their class again...

Bluebear

Rangers paid in advance 5 days before the last old firm game so why should celtic pay 4WEEKS before the game?

Just looking for assurances the game goes ahead bud, and you paid your ticket money 4 days before the game in December, so why should we give you it 4 weeks before. Typical Daily Record. We are Celtic, not a Rangers charity.

Joeshmo1888

Dont give them tckts then .just sell them to our fans

Dont give them any thats what i say i have to give up my seat in BR front every time that lot come to play if we tell em to go shove it we can sell everyone of those seats to our own fans 3 times over

Tonyd

Let me get this straight - you want Celtic topay £300,000 straight into a black hole when there is no guarantee that the game will even take place! Peter Lawell, a man who is doing a fantastic job at Celtic has asked for reassurances from the Administrators that the game will go ahead and as yet he has not heard back! He is acting in the best interests of Celtic - no one else! thats his job! If Rangers had someone with his business acumen they wouldnt be in the mess they are in now!

Lets not forget Rangers have already conned Hearts, Dumfermline and Dundee Utd out of Money owed, have stolen money from every tax payer in this country, put small firms in real danger of folding by not paying bills, not to mention not paying their own employees NI and PAYE contributions.

You really need to look in the mirror before making stupid posts!

Did rangers pay dunfermline or dundee utd upfront ? I think not!!

Get a grip Rangers fans we were paid 4 days before the las old firm game.Why should Celtic pay 4 weeks before to a club which potnetially may not exist by that time.Your club was ruined by years of spending money that they didnt have and its caught up with you dont try turn this round on Celtic for your clubs financial mismanegement.

We are effectively asking for credit when we don't pay our bills, why are we surprised when they turn us down. Like the song says "I asked her fro credit she answered me nay, sure custom like your's I can have anyday"

Lawell might be doing us a favour. Craig Shyte might be out (or in jail) by then!

Ed - can you confirm that the original poster was not my ip? i have been using name bluebear for as long as i can remember and as much as Celtic are not my flavour of the month, i wouldn't use terms like septic, just childish.

Bluebear {Ed001's Note - it was from a different IP, obviously I can't confirm it is a different person or not though.}

Totally agree with the post give them as little as technically allowed, that will save them mocking rangers for 90 mins and then wrecking the stadium as usual !

Having a laugh arent you.Celtic had to repair £100,000 pounds worth of damage to the Lisbon lions stand after the last old firm game at christmas toilets ruined corridors destroyed and seats also. Soo befor you all go around having a go at Celtic fans destroying Ibrox which I totally disagree with but Rangers fans do far worse at Parkhead than celtic fans do at Ibrox.

Why should Celtic fans wreck Ibrox?

They are very happy people!

And even happier people these days!

You are the experts!

Ask any Mancurian!

Why do you think Celtic wanted the money up front the last time? They could see what was happening and they were ensuring that they received their money. Good financial planning as laid down by the man who saved them from going through the mess Rangers are in right now.

Any fan of rangers or celtic doing damage to any of the staduims should be jailed and banned for life

To the Guy or whoever posted about Celtic showing their Class... Cast your mind Back when Airdrie asked for help Did The darkside help I THINK NOT.....They were instrumental in putting a fellow club out of business so People in glass houses and all that.........................

I think that Celtic will pay closer to the game going ahead. Perhaps they should give a portion of the money to other clubs in the Spl that are waiting for ticket mone due from Rangers? Smaller clubs rely heavily on this income.

Thats why celtic are loaded and rangers skint,cause celtic have good buissness men in charge.

28 Feb 2012 08:38:10
Sean Connery is heading up a consortium of wealthy American based scots who intend to buy the club out as they are appalled by the situation. The syndicate includes Jim Malone, Jessie McMullen, John Connor, Robert McDougal, and Alan Caldwell.

Source: Ross King from ITV who works in LA and loves all bears!

You probably find that Sean Connery has now gone back to supporting Celtic, now that Rangers are in the sh1t, just like he changed from supporting Celtic to Rangers in the mid 90s.

Brilliant! nonsense post of the day.

Sorry mate, but unless he has had a major change of mind that ain't gonna happen. This I'm sure will go into the unbelievable box but I have been involved in work at a property in St Andrews that he co/owns and have been lucky enough to meet him and his wife twice there. Another lad working there is a big Celtic fan and the them or us question was asked and diplomatically avoided by 007, however he made it very clear he would NEVER buy into or get involved, other than attending games, with ANY football club.
For what it's worth his wife said he supported Hibs as a boy but he DOES have a Rangers 10/11 third shirt in a frame hanging in the hall, so that will do for me. 007 the Bear !
BB

LOL Sean connery

aww i get some laughs on here, the guys in his mid eighties

Connery? Malone? Hmmnn...

Would that be the same Jessie Mcmullin that mr connery plays the role of in the film family business?? Come on Timmy, must try harder. We're not all as thick as you.

Aye, I've also heard when Sean Connery takes over, he'll bring with him Miss Moneypenny as a secretary and Q as director of football.....away you go!

Think you missed out a few characters from your consortium list mate?!
Robert McDougal - entrapment
John Connor - Rising Sun
Alan Caldwell - the Presidio
Jim Malone - the untouchables
What a prize A-hole!
Jay

28 Feb 2012 00:32:48
Heard a rumour tonight that Whyte is putting us through this mess because him and another 'big name' have planned it out from day one that Whyte would corrupt all that he can at Ibrox and destroy rangers to the very core as this will help in a 25 year deal incorporating David Murray and mim. Murra will becom part of consort to buy out whyte and agreement with hmrc

Non story

Heard a rumour - this is a classic, how long did you sit and try to make this one up - you clearly have far too much time on your hands - what an idiot you must be......

Annie Millar

You said it all Annie

LIES. LIES. AND MORE LIES. You really are a muppet.

You'll become a legend with those replys Annie mllar.... Well said !

Annie Millar..It's a rumour site you complete moron...the clue is in the title. Its up to you to decide wether or not the "rumour" is plausible...

If Murray comes anywhere near ibrox again I won't be back, I'd rather start in 3rd div, this has been worst year in rangers history and he has caused it all, we all trusted him and he has let us down badly.

As a supporter i'm absolutely gutted that our club has been dragged down to it's current level. I'm not interested in "Timmy" and what their views are. Our club has a tremendous history to be proud of, and not only on the pitch. Our founders and the men who followed them, Bill Struth, Willie Waddell,Jock Wallace, and Walter were all legends and good men. We dont know the full story or ramifications behind where or if the money has gone. Someone has to be accountable (pardon the pun) and i hope that all the "investigations" will bring those responsible to book,whoever they maybe. So come on bears, chin up,keep the faith, we will be back, and that fact alone will sicken "Timmy" to the core. Follow Follow.

Would find this hard to believe as stated above, however David Murray has closed companies in the past that he has been involved with. Back in the late 80’s - 90’s there was at least two Murray companies he put people into place to run the firm into the ground to save money and reinvented the product as something else.