Rangers Rumours Archive March 30 2012

 

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30 Mar 2012 23:23:31
first things first would pass my sympathy on to petrovs family i lost close young family to this illness and hate to think how his family are feeling, football last couple of weeks have been horrific..get well soon stillian


fellow bears this is shocking to write but im only writing what i have been told by a rangers site that we are going into liquidation 5th april @23.59. it might be p1sh but to be honest i think its coming, i know people will write its p1sh , i have a few times on other peoples posts but its looking bad, supposedly its the american company that will take us through it..
craig+sadbabybear

Believable39 Unbelievable12

And why will it be "@23.59"?? Nonsense!
Yes I do believe liquidation will happen but why at that exact time?

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I totally agree with you on the petrov remark,we have got some sad times with footballers at the moment.sadly also have to agree with you on liquidation for rangers,too much is going to come out. and too much has yet to be said.i wish it was different but my souece says 5 th april to ease tax liabilities for newco.hope im wrong.

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New laws on 6th making Newcos liable.

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It will be Liquidation first week April as I said in March. They cannot pay April wage bill.
The RFFF fund should pay all creditors except Ticketus and HMRC including Dun Utd. This will show the fans have integrity.

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Ahh....ok now I wish I hadn't pushed the unbelievable button now whoops! 23.59 is leaving it abit late though!

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Why don't people understand the law of liquidated companies the chance DOESN'T happen this april but next in 2013 if you don't believe check the government website!! Rangers won't be liquidated at least until the end of the season! CalumB800

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Cceltic supporter here ! GOOD ON YOU REGARDS STAN

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I think Stan would say he is truly blessed by the well wisher from the true rangers fans.....b

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God bless glasgow rangers

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The whole idea was to liquidate and scam £25m from Ticketus.

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The guys in charge of the RFFF fund are not fit and proper. Get fans reps on the committee and get the others out of there.

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After all is said n done u no there will still be 1...glasgow rangers champions....and thats the way that will stay...sa sa away.away.away..SIMPLY THE BEST!!cooper on the wing...

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Blazer spivs we want our club back hopefully the working man will own our great club after all its ours

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I was a bit dodgy about the time as well mate but that is what was written.
only passing on from a usually quite good source.
craig+babybear

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I really really hope not. 140 years history could be gone makes me sick. Also makes me so angry when u see the fans doing there bit making ibrox packed, even a legends game place was bursting, shop always busy making s fortune, the rff scarfs. The real reason the club is in this mess, is bad running of the club I include board of directors who were paid a fortune and bleeding the club dry. No intrest or passion for the club itself. As long as they were living the high life f*** rangers. Rangers are an institution not just a club. Really hope it comes good for us

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I said for weeks and weeks liquidation was a defo and when I heard club 9 sport who CW has links to were in the frame I said they'd get the club and liquidation was a sure thing because D&P who are CW's mates would see to it that they will be the front runners. I think your spot on. And fair play with the Petrov comment... Get well soon.

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I have also heard that rumour from a source who has been correct with most things so far.This is why C Whyte is adamnt that he will not sell to P Murray.He wants club 9 sport to get the club,he pockets a reported £100k+ finders fee and walks of with the rest of the loot he has scammed from the club and supporters.What we need is for B Kennedy to join forces with the Blue Knights/ticketus and to up their offer and work on the shares issue's once they have got the club sorted.If they dont do this by April 4th,the paperwork will probably start to be processed for Club 9 sport to takeover and liquidate before April 6th.

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The club is being run better by two or three administrator managers than a dozen grossly overpaid under qualified directors. Lloyds bank ran it commercially better and footballing better for three years bringing down the debt and winning 3 titles. Well done Lloyds who needs the blazer spiv directors?

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140 years history is nothing to suits. It's not worth a million dollars, two million or three million dollars. Especially Americans.

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30 Mar 2012 22:13:10
We've seen a document which says: "...please pay Martin Bain £100,000 through the remuneration trust in respect of his bonus for the financial year to June 30, 2005."

Source Ch4 News website

Believable38 Unbelievable6

After reading this story on ch4 website, it looks like Martin Bain has been bleeding club dry for years! John Grieg, Walter Smith all getting EBT payments Whos next Paul Murray?

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Martin Bain wrote to McClelland saying his contractual letter was returned to MIH and shredded by a female member of staff.

Scandalous. They were all on them and having their official pay rises paid through them plus bonuses mentioned in their contracts. They also did request 'loans' which were never repaid and hence not loans.

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When does a bonus (as stated in your contract of employment) become a tax free loan?
Answer: when you're a Rangers Spiv Director.

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Campbell Ogilvie admitted to £98k.

Has Alastair Johnson admitted it?

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Martin Bain knew this story was breaking and cynically withdrew his court case yesterday to curry good favour from fans in advance.
A cold calculated decision of personal damage limitation.

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The demeanour of Ally in the last 24hours, is of a man with all the stress of the world finally removed. As though he's relaxed and resigned to the fact it's liquidation.

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Poke the domino....deecee

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Us fans need to thank honest journalists. We've been fed SDMs perception through poodles for too many years. ' Trust us boys we know what we're doing'
' we're the smart guys in blazers, one step ahead'
B'stads pi*s swilling with their snouts in the tax free trough. Bleeding the fans dry.

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No rangers director of the last 5 years is a fit and proper person to be involved in a position of trust in Association football.
We trusted them in good faith and they were robbing us blind.

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All above board. Was it contractual? No. SG

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So Martin Bain withdrew his claim against our club "For the goodness of Rangers"?
What a gobs**te!

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Yet so many Rangers fans think that Craig Whyte is the bad guy in this story ?

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The only glimmer of light and satisfaction is that this will bring down Murray and MIH.
MIH is defending the case on behalf of themselves and Rangers and rumour has it they owe HMRC more!
Roll on the BTC result.

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No former director should be allowed near our great club again

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From Rangers to Porn.

You couldnt make it up.

We want the bare naked truth.

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Fellow bears wake up we need to buy the club none of this lot from the past 20 years have any dignity its our club lets get something set up

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Celtic fans were trying to tell you bears for months what the situation was. Now I admit some of the posts were delighting in the mess but some were pretty straightforward. Celtic fans dont believe a word the red top press print in Scotland related to football matters. My advice (since we have been getting so much advice on our site re NL) is dont believe the press. Do your own research. Venture capitalists are generally ruthless individuals and this yankee outfit are just as bad. You fans need to take your club back but you have been so used to being spoiled and at the top of the pile that you dont know when you are being .kd over and then you dont know how to mobilise when you have been. From my point of view not enough of you care. I dont think this newco is the answer for RFC. Get organised for FFs! You are going to have to be bold and demand a place on the board. Why aren't you demonstrating (peacefully of course). A lot of you are going to have to work your butts off giving all or most of your spare time to the club you love. Genuinely Good Luck. You boys need it. And I will say it again. Dont trust the American consortium thay are also venture capitalists and ruthless. They will be gone in a few years taking the profits with them.

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And how else would you give authorization for a LOAN.was Bain to go to CASHIER and say "the big man said a was to get it" lol sensationalism at its best {Ed001's Note - you are missing the point, a bonus is not a loan, if the letter is saying to pay his bonus through a tax free loan system, then there is something dodgy going on.}

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Set something up?

Debt (inc. BTC) estimated at circa £130m
Being generous 250k fans paying £520 each could wipe out the debt, but where would the money come from to pay the day to day running costs, wages, et cetera after that.

Normal fans can't save the club

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Ah missed the programme but how could they hav saw the letter if it has been shredded?

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Bain and others were documented as receiving performance bonuses through EBTs these are clearly not loans.
They were also paid their salary pay rises through it, these are not loans.
They did apply for loans and got them. But there were no loan agreements with payback terms and conditions, no interest payments or repayments, as no one has repaid a penny in 22 years......they are obviously not loans.

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The fans are not a source of financing.
Even after liquidation, they are not a possible source of profit.

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Yet more rubbish from CH4

an e-mail conversation is not a contract and the conversation they have shown is no were near a contract
A contract must exactly mirror the offer made (no terms and conditions no contract simples that's the LAW)
In general, arrangements of a social nature are presumed not to be legally binding, whilst commercial arrangements are presumed to be intended as binding contracts. Of course, these presumptions can always be rebutted in court by producing evidence to the contrary. TS

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FFS get your heads out of the sand!

So many thinking "This is just folk attacking Rangers". It isn't, there was obviously lots of bad stuff going on and now your club is sinking in the myre. Get off your laptops and get out and make some noise to save your club - it maybe be already too late but it's going to disappear if YOU don't try to save it now.

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Listen, you don't need contracts to be breaking the law. Paying people for working in Glasgow through offshore accounts tax free is illegal. The absence of contracts doesn't make it legal. I cannot gift money to relatives without it being taxed. You can't even give money away.
Wake up! Wake up!

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Even when people die, their money is taxed before relatives get it.
You cannot even give money away without tax regulations kick in.

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30 Mar 2012 21:59:13
1-0 Rangers legends and who scored?---Super Ally! must have taken his mind off all this S---- for 80min

Believable20 Unbelievable11

Was a great night at ibrox all the stars of previous years 47000 crowd great atmosphere ,wasted by idiots with their bigoted rubbish the majority of true blues don't want the rubbish it stains our clubs reputation

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Sectarian bigoted chanting at Ibrox tonight.

No wonder the world hates us. Why do I bother.

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Couldn't make it tonight, that's poor if that's an accurate statement regarding sectarian singing. It shouldn't happen at all but when you've got Milan coming all the way over from Italy (a predominantly catholic country) to play us for a "charity game" there is only one word.... moron's.

pappy

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I was at the game, but missed the 1st half hour due to the ticket fiasco...waited over an hour to collect my tickets I booked ages ago...and paid the extra...to miss the 1st 30min, thanks rangers! Anyway I didn't hear any bigoted songs, what were they? Must have been a very small amount of idiots.

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To be honest i didnt hear anything tonight im sick to death of these morons who drag our name through the mud if your going to sing these stupid songs dont come back your not welcolme support our club with football songs i dont care who plays for our club or who supports it religion and politics in football is not sport but hatred the majority of our fans are great but the minority spoil it we want the club to be bought it puts us in bad light rangers fan

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Well done ally. But does anyone know where gazes was.

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Why should we spend the time talking about these fouls when we should be talking about the game of our past players ?? and the nite that was a good one ??

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The ticket office has always been a shambles, had the same problem 3 years ago and its still not fixed.

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Seriously as someone who was at the game the atmosphere was nothing short of amazing. The fans and players loved every minute but nothing was sang at from where i was sitting, these sad individuals who come on this site and spread their anti Rangers filth is disgusting. A great win for the team is being ruined by the bogus accusations made on here. So you do the math
47,000 happy rangers fans say no "bigoted chanting"
1 bitter celtic fan says otherwise!

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Great news if there was no daft songs sung well done fellow bears i didnt hear anything glad we are moving on with these stupid songs i take my son to ibrox and dont want him singing song about religion by the way we need some more new songs about the team onwards and upwards was great tonight

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As a rangers fan im very proud in the support the club has moved on i dont care who plays for rangers and what religion our fans are for anyone to come on here and tarnish our name is bad news ok we have a few idiots so do other clubs when im at the match and anybody starts singing about religion a wee word in the ear is best i take my young son to games usually when they see the wee man they shut up common sence

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Really enjoyed the game. Great atmosphere. But was gazza not supposed to have been playing

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There was nothing sectarian sung. Why do people continue to bang on with this? It was a great night and Gio could easily still be playing for us, overlapped all night and what a cross for the goal. Typical Coisty. Late run across the defender and a brilliant header in off the near post. John Greig, deservedly the greatest Ranger, Ally McCoist is a very close second.

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I was at the game and I could hear the nutters at the front of the Broamloan Road trying to sing some sectarian nonsense but they were quickly drowned out by the majority of sensible fans who dont want to hear that filth anymore

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First off bears I am a celtic fan, and I think the fans of your club are getting a rough press here. I watched the whole game last week when you were playing your biggest rivals and didnt hear any bigoted chanting, when lets face it, thats when these chants are belted out. I would like to think most of you have moved on from the moronic chants that stain your club, as have we. We are always going to get the zealots and morons from both sides ruining what should otherwise be a great spectacle, that is watching your club each week. I have a few dear friends who are rangers supporters and I think what the hierarchy have done to your club is unforgivable. I think you will lose the tax case and liquidation will come. However I do believe that after a few years of austerity that your club will come out of this wiser and stronger.

Thats all folks!
TonyBhoy

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Well written TonyBhoy, a true fan of football the sport. People that sing these songs dont only sing it at the games, they sing them in the pubs, in their houses, in the streets. Cannot blame the clubs really, cant stop what comes out of peoples mouths, and they will always find their way into grounds.

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John Grieg was never as good as A McCoist he hacked his way McCoist played football I always hated him coming on for the last 20 mins or less , he played and played and nearly always scored.....like Friday night put a blue shirt on him and he is 'a pain in the butt 'great player Sh#t manager lucky for us. Cant see a solution for The Bears ,the fans have been sold up the river and I think legal proceedings should be brought against David Murray John Grieg etc I do not want Rangers to go ..Hail Hail

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30 Mar 2012 20:20:32
D&P have milked it as far as they can and need out.

It's a failed Administration and Liquidation is inevitable.

The March wage bill, as predicted weeks ago, totally empties the coffers. Plus the March utilities bills. There's no more for D&Ps fees.

Someone has to inject real cash sustainably £5m per month or liquidate.

There's no hope of a successful fan share issue, there's just not the money with fans at these hard times.

Believable49 Unbelievable17

Exactly!
We should all know what`s coming.
Let`s just get this mis-management over with and try to make the best of what we are left with.
Bring on the young brigade.

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Just seen Ally on ITV news, talking about liquidation and understanding businessmen.
He says it's not the immediate future that matters but where the club is in 5 years, 10 years and 15 years......very telling indeed.

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Liquidation has been coming for a long time, since David Murray started the financial doping of the club. Fans have chosen to ignore what every other club in Scotland was unsustainable and now RFC are well and truly in the mire. It trully is the end of an era. Not sure the fans were sure to stop this happening but if they had got their eads out of their backsides they might have achieved something. Of course that might have meant losing some of the titles but at lleast they would have been better than the current situation.

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What does that mean, followed for 40 years, ashamed at what is happening our club. Bring on the young brigade. I come from a generation where hard work and duty counts. At aged 6 i holidayed at Sorley street Partick my uncle took me on a pilgramage. On a fog clouded morning i first saw Ibrox . Ithought it was a castle my uncle laughed , its a castle son a fortress . My love affair started then and still is so strong . My pride in being a Ranger is saddened by what is happening now . The young brigade what s**t no Ranger would ever say that . Fans have done nothing wrong, we followed, we gave, especially , when we were chasing. I remember the lean years but didnt complain because i wanted to be there . My uncle Billy helped make me a Ranger in 63 i love him for that . I hope the young brigade enjoy themselves i wish them well . I still look up facts about Rangers and enjoy the read. Who posted this shix no history clown . Rangers till it dies.

Highland Bear

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Only 2 things wrong with this post almost £500000 from Bains ringfenced account amd DP dont get paid a penny untill job is finished

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Bain did a deal with D&P and both of them got substantial monies.

D&P get paid regularly (weekly).

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30 Mar 2012 19:30:37
Paul Baxendale Walker. New scandal involving Sir David Murray, Martin Bain John Grieg and EBTs, just watched CH4 News they have opened a new can of worms, I can't believe what I have just watched! It's a new scandal folks!

Believable37 Unbelievable18

Just read the Ch4 news website, Looks like everybody in Ibrox knew about the EBTs, John Grieg, Walter Smith, all paid this way club paid out more than 100 million, Martin Bain has a lot to answer, he is more involved than most!

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Were the hell have you been,this IS the scandal...les

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Us rangers fans have been sold down the river disgracefull

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I watched this at 9pm , I recoreded cause I had to do the Friday drop off and pick up run...wish I was in ignorance totally spoiled my only family night of the week....John Greig part of the s##t so p####d off.
All the others .....but for John Greig too be party to this makes me want to cry, my husband is sad but still loves his club.
I feel so sorry for all the loyal bears..I h###e Mu##ay and Sh##e

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Baxendale Walker, is now disbarred and makes a living out of his porn empire, this is man we have used to set up EBTs in 1990s big tax case is lost!

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Funny how Bain has dropped his claim. Please rangers fans let him know what we think of him
and the rest of them that have ruined the
clubs finances by not paying back these so called loans.

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I watched the report. It wasn't good, it would appear that more than enough people knew it was going on.

Is it purely coincidential that Bain dropped his court case against Rangers, and yes I mean Rangers, not Whyte, it had no effect on him, before this news broke!

In his statement yesterday, he actually said he would help the club out in any way he could. No thanks mate... hope he remembers how he got his money and never forget's the damage it's caused.

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We kinda deserve this, as all the sh#t we were fed we believed..when it happened up the road they came out in their thousands and demanded answers ...so f@@k@d off.John Grieg am ashamed I idolised you.
Talk about the people u admire having feet of clay..How can u sleep? U know Gers fans loved you...am ashamed for you
Alex WATP

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John grieg wasnt that good anyway. he just never gave up. just went round kicking people. rangers had many better players.

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I dont know anymore ...he was to the other side a dirty player..we liked his hacking

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It is easy to throw the blame at all who knew, but they were in an environment where the unacceptable was acceptable and I am sure it would have been dressed up as " we aren't really doing anything wron". The buck stops with David Murray, he was the man at the helm, he lived in jersey to avoid tax!! He took risks with the club without taking the full consequences into consideration and when he knew things did not look good, he got out!! David Murray destroyed Glasgow rangers!!

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It's was interesting that Alex Thompson finished his report that other clubs North of the border will be investigated by HMRC.

Clubs in England will also be investigated but I think this was expected by most people.

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Http://www.channel4.com/news/revealed-the-payments-that-may-lead-to-rangers-downfall

Martin Bain wrote to McClelland saying his contractual letter was returned to MIH and shredded by a female member of staff.

Scandalous. They were all on them and having their official pay rises paid through them plus bonuses mentioned in their contracts. They also did request 'loans' which were never repaid and hence not loans.

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John Greig ffs.

Melt the statue, that was all perception , smoke and mirrors also.

It's all meaningless now.

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I watched it and there is really nothing newsworthy in it. Rangers used EBTs. We knew.

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I am a celtic fan and I have to be honest and say that I am enjoying every moment of this whole sorry debacle that RFC have got themselves into. In my opinion every title won whilst openly cheating should be taken back.

My main point however on this sorry state of affairs is that even I was so dissapointed to read the JG was also involved in all of this. I have not seen the programme but reading the posts it is obvious that the fans feel let down by lots of people including JG who is a guy, I as a Celtic fan would have placed above any other Ger.

From what I am reading on the website now it would seem that even JG has jumped ship probably to protect himself. I felt at the time he was taking the moral high ground and stepping away from CW and his management.

The more we read about this the more CW seems to be a reasonable proposal. He had a plan from the start and I am certain Liq was part of it so he at least had that right.

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Been going to ibrox since 1962 im totaly disgusted we have been let down badly we have all been fooled sad news from a bear

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If we started with nothing we will end with nothing time to look to a new rangers fc its turned out pathetic this is not the rangers way

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The authorities might not let us use 'Rangers' in the title of the Newco.
It has been known and would be a typical Scottish cultural eternal punishment for our huge stain on Scotland.
Rangers is a failed enterprise brought down by the ego and flawed judgement of one man and the failures of executives of low integrity and moral standards. These men held the trust of the peepul and should never be allowed as company directors again.

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I have a dream the day the rangers support own the club our best way forward bears its our club if we have nothing like our 4 founding fathers we will start a new take note blazer spivs its our club not yours

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When the Rangers fans named Grieg as their greatest ever player they couldn't have realised he was the captain of the club at the time of Celtics greatest triumphs. He was the manager of the club when they attracted 2000 to a game. And finally he was a "legend" at the club when he was tax dodging whilst the ordinary fan is paying his wages.

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30 Mar 2012 18:36:49
Rangers' administrators have asked three prospective buyers to submit "best and final offers by Wednesday". SW

Believable21 Unbelievable5

WHY. No point. The club will be liquidated.

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Two of them want liquidation. Common sense.

The third TBK have money. Just another Ticketus loan.

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30 Mar 2012 18:12:07
Does anyone else think that that Rangers will be liquidated VERY soon, so as to avoid the new rule coming in that NEWCO companies take old debt with them?

If this is true then as much as it may be the sensible business option, I'd be deeply disappointed in them for taking the easy option out. I'd rather see them pay what they owe, with dignity and see them fight their way to the top again.

What do you guys think?

Believable51 Unbelievable11

And how do you suggest we find this money? We won't be playing in Europe next season and will loose our best players in summer for buttons

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I would rather Paul murray made a new offer of 25 million, then sold every player, leaving all the young players, sell murray park, do a share issue and clear every bit of debt, including the big tax case if we lose it. Better to play with our talented young players, have a very small wage bill, debt free and we would even make a yearly profit, but most importantly keep our history. Then we build from there.

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Sell murray park ?where do we train our young players if we do sell our top players murray park will be a very important part of the club and why would someone buy it you cant build on it so unless someone needs a state of the art football training center we would find it hard to sell

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I agree with the post above. Might be a long painful journey but I think we would be back onto sooner rather than later. Sunday showed our biggest rivals ain't as good as they think!

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Poster 2 above yes that's the correct best way. Thank goodness for common sense. We must sell MP and sell players and start modestly with our youth.

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History is history it cant be taken away or wiped out , from Timmy Good luck for the future I dont want the banter to go.

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Only the blue knights are supporters.

Other business people would liquidate and restart. History doesn't make sense to them.

However TBK cannot do it, nae readies.
They would limp on with staff redundancies etc...

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Do you really think the "blue Knights" are a serious name? I just cannot take them serious. White will decide who HE sells the club too, NOT the administrators, whether anyone likes it or not, HE is the LEGAL owner of Rangers F.C. He will NOT sell to the "Blue Knights". The only way he makes money out of all this at this stage is to liquidate the club and THEN sell to one of the THREE interested parties. Rightly or wrongly Whyte will not let this go easily not after the character assination he has received from the Scottish Media and Paul Murray, whether you agree with it or not HE WILL not go quietly into the night.
I said over a 6 WEEKS ago Rangers will be liquidated and start NEXT season as GOVAN F.C (FACT)

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Thought liquidation would happen sooner or later no wonder craig whyte is looking so smug the supporters are being led a merry dance d and p keep setting deadlines but we are no further forwaed

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You don't own Murray park to sell it. SDM owns it.

Richybhoy

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Have to say,im not a rangers fan.but to me the blue knights are the only hope if you want to beat admiinistration and retain your history.foriegn firms are only interested in future revenue, not history.so to survive as rfc all people previously involved with or wanting to save rangers must get together in the next few days and be prepared to spend a lot of money with no return.that must include sdm and kennedy or im afraid its all over.

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Yes .Especially after c4news tonight ..You can bet the tax man has plenty more

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Strange you should say that

are the selling the new strips colours with these new scarfs?

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Newco would have to incur the debt, if liquidated all assets would be sold to pay off creditors!
This is a dangerous road to go down, the best bet for the gers is to get the new owners to promise to service the debt over a long period of time through a Creditors Voluntary Liquidation, that way the club survives.
The other option is a Compulsory Liquidation, which the taxman can enforce,(hopefully not) as that would be the end of Rangers..

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The New company does not inherit the debt, it was planned but was dropped at the start of the year! There is no new laws that enforce this coming into effect anymore

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David Cameron must have been lying when he stated the new tax laws regarding newco companies 2-3 days ago well?I,m a celtic fan but if yer goni try a craig whyte on yer fellow fans then at least do yer homework before posting absolute garbage ye obviously know nothing about!@last post

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Yes there are new tax laws coming into force in April 2012 regarding companies that have been liquidated! These are to do with HMRC demanding upfront payment for PAYE and Vat (a deposit) on potential FUTURE earnings of that new company in place of the old existing one! NOT THE TRANSFER OF OLD DEBT!! THE DEBT OF AN OLD COMPANY DOES NOT TRANSFER TO ANOTHER NEW ONE!! HMRC also has the power to take the assets of a company and sell them at auction in settlement of the taxes owed. There are proposals to overhaul the laws regarding this area however it will not come/if at all into effect until earliest 2013! Are you just making your own laws up now and where are you getting such information from? Check the government website, learn a little about tax, company and liquidation law!!

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If Rangers liquidate the assets have to be sold off to pay the creditors fed up of people thinking its merely the debt that gets wiped. The players the stadium the car park and Murray Park would all be sold to the highest bidder leaving a NEWCO with a blank page to start with unless they attempted to buy the sold assets either way some money has to be paid.

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April 2013. Yes 2013 for Newco rules.

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If rangers did go into liquidation, (And Im a Rangers fan but unfortunetly I think it will happen, Craig Whyte has been the final nail in our coffin) it would be best if they did voluntarily as they can appoint there own liquidator ( the same way as Rangers wanted to appoint there own administrator. D&P have worked out really well so for. ....... ) if they done this then they can effectively sell the assests back to themselves for a fair price,and a new group e.g Paul Murray's Blue Knights can come in and buy the assets back. If it is a compulsary order then the courts will appoint a liquiadator and there will be less control over the process. However I am not too sure about the players if they are sold or if their contracts are terminated, are they treated as employees or an asset? in normal circummstances employees contracts will be terminated and cease to exist.

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If Rangers are liquidated the players registrations transfer to the SFA and as free agents they can sign for anyone.

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To the tax expert fae celtic fan!As i read the rangers tax case and scotslawthoughts,phil mac and alex thommo and not chick young and traynor and i seen the full article fae cameron i know you won,t walk away.Why do you think the date 5/4 keeps turning up?But good article ye copied fae goverment website...You keep posting wee articles and posting garbage and i,ll listen to the experts.Don,t say ye weren,t told lol

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30 Mar 2012 17:35:02
Fellow bears why are we buying scarfs nd donating to rff if we r going to b liquidated nd line rich yanks pockets. Inver bear

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So when we liquidate and come back as something else we have scarfs in our new colours

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Im not paying a penny more till this mess gets sorted

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30 Mar 2012 17:25:20
Best wishes our thoughts are with you Stillyan you had the respect of the bears get well soon
Scooby bear

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Aye cracking player, hope everything turns out ok for him.

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On a day when Fab Muamba is seen upright and smiling, terrible news breaks about Petrov.

I hope you get better soon and get back on the pitch asap.

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Apparently a really nice guy. Bulgarias Captain, AVs Captain, old firm legend..... Get well soon son u can beat this one.

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Never posted before because of all the nonsense on here. no one knows what will happen re liquidation etc, all just ridiculous rumours on both sides of the city.
but had to post to say thanks for comments re stan petrov. shows that we are all humans after all and football pales into insignificance when faced with this terrible illness. if anyone has ever read john hartson's book they will realise how hard stan's fight is.
i know we seem to gloat over rangers bad luck just now, but how many rangers fans can be honest and say the wouldnt be the same if it was us(celtic fans ) who were their mess? but my best pal has been a season ticket holder at ibrox for 40 years so the the personalised face of it is completely different for me. she is devasted, as i imagine all u bears are. best i can wish for u is that you havent been sold down the river by ppl who should be looking after your history and that you pull out of this in some way. thanks so so much for your wishes for stan.x

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Thanks to all the bears for the best wishes for stan

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What idiot would disagree with this? Can you not act decent and stop embarrassing us?

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If you dont have a good word to say ...dont say it.....
these are great words....hold your head up high...

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Six have disagreed with this well away and crawl back into your dark holes as a rangers fan i wish stan all the best in his fight against this illness we r human my thoughts are with him and his family

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Enough is enough someones life is at stake 6 disagrees i hope its not fellow bears get well stilian

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Ed see in posts like this could you not disable the disagree button the 6 who hit are not true rangers fans good luck stilian petrov the majority of our support think you are a decent guy thanks ed {Ed001's Note - we are going to do that when time allows, there are just so many things we have to do as well.}

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Get well soon from govanbear

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Get well soon stilian Petrov.
Stew Blue

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Thanks to all the rangers fans for their best wishes for stan, just goes to show that it is just a game of football at the end of the day.

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30 Mar 2012 16:00:45
Can anyone tell me the words to the song about four men had a dream, my son is driving me bonkers

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Four men had a dream, to start a football team, had no money, no kits, not even a ball, they still carried on the Rangers were born, 54 titles we're still going strong.

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Our men had a dream
started a football team
had no money, no kits not even a ball
they still carried on
the RANGERS were born
54 titles were still going STRONG

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Sorry messed up one line :/
they had no money no kits not even a ball*

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Cheers mate

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No need to ever change the words because never going get to 55 titles

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F£&k off bead back to the piggery

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How many of those recent titles will be revoked because of your cheating, and bad business practices....I still can't understand why the SPL have not taken sanctions against Rangers for refusing to pay Dundee Unt for the Feb game.....Rangers deserve to be thrown out of the SPL because of this.....When they do close, and hopefully it will be soon....there will be no tears from any one outside of Ibrox......

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SPL have took no action cause its not there jurisdiction as it was a scottish cup game therefore its a SFA issue

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Nice eulogy.

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Four men had a dream to start a football team, they had no money , no kits or even a ball, but they still carried on the rangers were born, 54 tittles were still going strong do do do do

so raise up your standards high ,look up to the sky, and remember those 4 men that had a incredible dream, they still carried on, the rangers were born.54 tittles were still going strong

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30 Mar 2012 15:41:14
Just seen the news that stillian petrov has leukemia. just would like to wish him a speedy recovery from this terrible illness on behalf of all decent minded rangers fans.

rangers till i die. watp

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Just seen that aswell. wish him a speedy recovery. klass player

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Good luck to Petrov

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Hope for a speedy recovery. a class player

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Best wishes to Petrov .

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Good luck to Stylian. Was a great player up here. Sad very sad...

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Good Luck to the guy. Class Player

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Quality player terrible last month with regards to all the illnesses. With him a speedy recovery

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Get well soon, great player, my friend was neighbours with him and said he was a good guy !

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This is terrible news and my thoughts are with him and his family. Great to see all the comments here from other Rangers fans like myself. Lets all hope he beats this illness.

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One of the few blessed players to have played this half of the border, heres hoping for a speedy recovery

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Thank you all decent minded Rangers fans, I hope your wishes come true, both for Stillian, and your your own club. (a true Celtic Fan)

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Well said guys, a great player and a great guy by all accounts. Get well soon stan..................martyc1888

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That's sad news. I sincerely wish the guy a speedy recovery

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Quality posts guys. Well done. Have always said in times like this, is when you see the real, and often unreported side of the old firm rivalry. Just have to think of the reaction of Rangers fans after the passing of Tommy Burns and also well remember the banner displayed by Gers fans wishing Alan Stubbs and Morten Wieghorst well after they battled illness, displayed during an old firm game a few years back.
mickbhoy

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Stillian petrov was a great footballer and person top bloke thoughts are with you from all the bears best wishes

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Respect to all Rangers fans who sent their good wishes.

A Tim.

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Although im a red hot rangers fan stilian petrov is a class footballer thoughts and prayers for you and your family wishing you all the strength thoughts are with you stilian from the rangers family get well soon

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Really sorry to hear about stillian petrov our thoughts and prayers are with you stan get better soon daviebear

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Fantastic footballer and a decent human being get well stillian petrov rangers ticket holder

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30 Mar 2012 15:38:18
This put everything into perspective lads.
From a blue nose bear.
Stylian Petrov, our hopes and prayers are with you for a speedy recovery.
Rosehearty True Blues.

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Good one Rosehearty True Blues

From Bloo Toon Bhoys

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Couldn't agree more, was a thorn in the gers side most of the time, but hoping you make a quick recovery Stan, wish you and the family all the best

quabba

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Well done Rangers fans, shows up most of our brethern (both teams)

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Get well stan from a ger

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30 Mar 2012 15:35:37
I know this is a rumours website but talk circling around Glasgow today is that new owners will be announced very very soon via LIQUIDATION.
Its sad I know, but this has been coming for a couple of months now. RFC no more..
Its terrrible, no chance to clear our name or debt.

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Liquidation with Craig Whyte emerging as the secured Creditor owner of Assets. To protect them from sale to repay Creditors.

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30 Mar 2012 15:14:25
stylian petrov Diagnosed with Acute
Leukemia whish him all the best and hope for a speedy recovery

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Agree ,,all the best mate

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Good luck to the lad.shame to hear his news.all the best from us,walk tall stilian.
drumlad

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Sad news, hope he gets well soon!

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Get well soon stan..billy the bear

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What clown disagreed, get a grip, because he once played for Celtic, it's pathetic

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Im a celtic fan and thanks for the support for stan to all the decent rangers fans not the ones that disagree

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Football takes a step back at times like this sad to hear this news get well soon ps any rangers fan hitting disagree you are not part of the rangers family or any other twisted induvidual scum

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30 Mar 2012 14:53:43
well here it is boys and giruls......if the suits liquidate us then its by by from me as a supporter....wipe all debt...stick it to everyone ...start afresh wi no debt ....then weatch the same suits make tons and tons a money....not on ma watch...sorry all...deecee

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Im with you on that.if its not rangers,its not for me.ill be cancelling espn too.forget scottish football.

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Bye bye you wont be missed, The real Rangers fans will stick by there club whether we are Rangers or NewRangers

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Haha! real rangers fans.....who are you to question anybody?

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All the money the fans have donated thus far out of their own pockets....GONE..hope no.....deecee

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If you cant handle the pressure then pi*ss off but I will always support Rangers

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... but it won't be our 'Rangers'. Some Yankee sham-rangers.

Gutted.

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Being a ranger is about doing the right thing and meeting the challenges ahead, let the blue knights and ticketus take us over, i would rather win nothing for the next ten years and still be true blue not a new fake one....

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Absolutely, it's either RFC or it's not and a Newco is not Rangers

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Haha! real rangers fans.....who are you to question anybody?

well hes not a glory hunter like some (probably see some of them in 4to5 years )you dont disown your FAMILY no matter what some may have done

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If Rangers come out of administration, I'm staying. I don't care if we take another ten year's to sort the club out, at least I'll be supporting "The Rangers"

If we're liquidated then I'm with Decee, I'm done. No substitute club will be good enough. After 40 years of following "The Real Rangers" how can I follow anything else.

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Yes approx 1983 with my rover ticket looking at the colour scheme of the seats ibrox was very empty then along came souness and all the glory hunters appeared from the woodwork ive followed gers since 1956 and il still follow follow even if were called the texas rangers doug

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Good, we dont need nor want pathetic fans (not supporters) like you.

Tnis great institution will live on.

I dont care how much money the suits make, i only care about my club and my team

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The gent who has been a Rangers man since 1956 has it right I have been a Celtic fan for 50 years and I would feel the same as him if it was the 'tic that was walking this road...Good luck

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To each his own...glasagow utd ...nah...deecee

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Thanks to the tic fan for future luck at ibrox hmrc had me by the scruff of the neck in december 2011 through no fault of my own im 65 in september and still working my ass off for my business but going to call it a day unless you come from overseas theres no help out there for people like me but maybe my state pension will pay for my season book from now on doug

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What is wrong with a new name .........eg GLASGOW RANGERS LTD ,,,

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IN ANSWER TO What is wrong with a new name .........eg GLASGOW RANGERS LTD ,,,

Apparently the green bampots bought up 79 trading names that could in any way reflect the Names Rangers and Glasgow on the day we went into admin.

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30 Mar 2012 14:31:35
Could things get any worse? Well channel four are reporting tonight and the rumour is that things are worse than anyone thought.Might be interesting

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Alex Thomson C4 saying hoping it will be on 7pm news tonight.

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Probably the piece on how ALL clubs in Scotland to be banned from UEFA for Knowingly and Willingly participating in competitions with a fraudulent coefficient including the National team and compensation for foreign teams affected could run into £100s of millions

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30 Mar 2012 14:23:07
Well Walter mentioned liquidation few times yesterday .Now Ally .think we best prepare ourselves

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The Gers boss is still keen to see Rangers exit administration via a company voluntary agreement, rather than go down the route of liquidation.

He said: "Liquidation would not be my preferred option as a supporter and indeed as the manager of the club.

"The best way to put it is, if I was sitting here as a businessman, it might be the way ahead.

"But sitting here as a supporter, with a love of the club, it wouldn't be the preferred option.

"I can totally understand the business angle and it probably would suit a lot of business-minded people."

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Thats a early heads up from Ally we are going to the L option.

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Walter and Ally have been having you on

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30 Mar 2012 13:39:18
Craig Whyte couldn't pay the PAYE and VAT money (£8m) because Ally got us beaten in Champions League by minnows and lost £10m income.
Ally then had the neck to slag off Whyte shortly into admin, on the David Murray sponsored day of the long knives. Don't overlook the gravitas of Ally's failures in all this and no whitewashing of the guy.

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We lost all the cup games due to mr whyte not giving ally the players he asked for

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Nice comparison to "the night of long knifes" not quite on the same scale as hitler though mate, so what your saying is it's supers fault that we are in admin ! Did he force Whittaker to be a clown ? Did he order bougherra to be a toolbox? Was it super who decided not to buy reinforcements for our European "assault", no mate it WASN'T !
PaulRFC

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If we'd made CL groups - it would only have delayed the inevitable
IMO CW deliberately refused to strengthen the side in the close season to bring this to a head & sat back and watched in horror as RFC built up a 15 point lead over a totally crap CFC side. Admin and no warchest in January put the final nail in the coffin I'm afraid

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And that was the problem, backing on money that you might get, CL money should never be brought into the thinking for that current season, David Murray done the same, thats why we had huge debts, spending money in the hope we get into the CL, you live within your means for that current season, if you get CL money use it for the next season.

Das shadow

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Well said the poster...best thing that happened to superallys managerial carreer wiz admin.....kinda took the failure away from the headlines....luv ma gers but a spades a spade nat...deecee

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Excellent point. Wasn't Whyte that picked the team that has seen us lose approx a quarter of all games we have played this season, that has seen us throw away a 15pt lead, that gave massive new contract to Whittaker! And what about the players McCoist did sign? Only Bocanegra and Aluko look the part. Or is Gordon Smith getting the blame for signing the duds? If so what sort of manager does that make McCoist. Really think he has gotten off so lightly and all this man of the people stuff is propaganda. Wait till the summer when he releases his book on the season and has a pop at everyone but himself. Would rather see Butcher, Billy Davies or Stuart McCall in the hotseat, for what will be a tougher time next season than him.

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If you remember correctly we were winning away to Malmo, and were even still one up with NINE men. Was that McCoists fault? No.

GovanFR

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It is the law to pay the VAT and PAYE. Ally is a crap manager but no way responsible for Whyte being a crook and a con man.

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Ally said that Walter warned him not to pick up the poison chalice. Writing was obviously on the wall.

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Super Ally is getting away Scot Free through all this debacle. He's the sole person responsible for our early Euro Exit, 2 Domestic Cup Exits and blowing a 15pt lead in the SPL. Yet, after Sunday, some fans thinks he's a managerial superstar. This one result has only papered over the unrepairable cracks. The guy just cant cut it at this level. Im sure Kenny McDowell would do a far superior job........On his own.

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Don't blame Ally! Whyte was warned by EVERYONE that the team had been punching above its weight for years! Substantial investment in the playing squad was urgent. He was warned that injuries will happen, and they did! Ally was offered the dregs from his wanted list. So is Ally to blame? I THINK NOT!

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I love how your all such experts and tactical masterminds, would have loved to have been there when you all get your coaching badges, I'm sure I could have learnt a thing or two. Why don't you all go back to listening to your football pundits and absorbing their often flawed opinions as your own so you have more nonsense to spurt on websites such as this.Let me get this straight, McCoist is responsible for the chairman refusing to pay across PAYE and VAT, I forgot about that paragraph in the Taxes Manual that said these payments were discretionary to chairmen if the team wasn't playing well, get abgrip you fools, this has nothing to do with McCoist. Don't get me wrong Ally's not entirely blameless and has made some questionable decisions, but what manager hasn't? The guy has had no support whatsoever from board level and to use the tired cliche, has been working with one arm, if not two, tied behind his back so how about you start giving the guy some support in our biggest timer of need or just p**s off back to your game of Football Manager where you can further satisfy ur delusions that you are a better manager than McCoist.
Jay

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Please dont confuse mispayment of monies owed to bad management. McCoist hunted donw the American guy Bedoya nad never plays him, bought the Australian Player of the Year and never played him, how many more did he do that to. If Aluko hadnt bought out his own contract he would nt even be at Rangers thats how much Ally wanted him. I know he is a legend but his team selections are poor, his player choice poor, how many players did he bring in? Dont blame CW for things that are out of his control, he knew there was no money, the same as all previous years but the spending carried on, all Whyte did was stop it and made McCoist carry on with a championship winning team as well as buying 7-8 players, not bad for a chairman who didnt support Ally. It is really strange that nobody since Walter has done well with Rangers, think about the ,managers you have had and only WS has put together a decent team but then again he spent serious money both times.

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SDM sold the club in May because he could not afford to finance it if Rangers got knocked out of the CL. CW wasn't prepared to put 10 million of his own money into a company facing a 75 million tax liability.
Ally didn't create a loss making company.

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Ally was not on the pitch that day, it was the players that let themselves, the club and the fans down!

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Ally didn't want Aluko our best player. He was on TV weeks ago saying he was wrong about the Aluko move. (at least McCoist is honest about one mistake).
He inherited a squad of 30 guys that cost £16m to buy. They were by far the most expensive squad in Scotland and Champions.
He bought 7 more. All duds. He had no footballing management judgement.
Out of 5 tournaments, 4 before admin.

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Yeah I remember the long knifes day.

About 10 Rangers people going to the media attacking Whyte, they even pulled former players to stand outside Ibrox and tear into Whyte.

KJ and JT and MH fired over the top broadsides from the press. Had SDM dabs all over it.

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A lot of Whitewashing of Ally in here.

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30 Mar 2012 13:29:52
THE American frontrunners in the race to buy Rangers are prepared to pay £25 million for control of the Ibrox club – and their preferred option is to put the club into liquidation.


The bid from Chicago-based Club 9 Sports is one of three which, if successful, may result in the new owners taking the highly unpopular option of winding up the club and reforming it as a new company (Newco)

The only offer on the table which is conditional on Rangers emerging from administration and paying off debts via a Company Voluntary Arrangement (CVA) is the one from the Blue Knights, headed by former Ibrox director Paul Murray.

The American bid is more than double that on offer from the Blue Knights or Sale Sharks owner Brian Kennedy, whose offer was rejected by administrators Duff & Phelps yesterday.

But Club 9 Sports would have to address the £27m debt owed to Ticketus, who would not be creditors under the terms of the Blue Knights' bid.

Until now little has been known about the substance of the Club 9 Sports bid or the company's intentions if it was successful in taking ownership from Craig Whyte.

But the company has made it known that liquidating Rangers is in its plans, and it is understood two unidentified consortia – one based in the United Kingdom, the other in Singapore – are also open to the Newco route rather than trying to do a deal with creditors via a CVA.

It is believed Club 9 feels that liquidation would remove the risk of currently unknown debts emerging in the future, and would take away the uncertainty of not being able to agree a CVA with creditors.

But taking Rangers into liquidation would be deeply unpopular with fans and would have grave footballing consequences.

A new club has to wait three years before it is eligible to play lucrative Champions or Europa League ties. It would also have to be voted into the Scottish Premier League or else apply to join the Scottish Football League in Division Three, and the registration of all its current players would pass to the SPL rather than being held by Rangers.

The American firm emerged as frontrunner as Mr Kennedy was told by Duff & Phelps that his offer was not good enough.

With current owner Whyte refusing to deal with Paul Murray's Blue Knights bid, Club 9 is in a strong position. The two unidentified consortia are thought to be unlikely to succeed.

Club 9 Sports, formed in 2009, has described its approach as seeking to revive struggling businesses "through cost-cutting and aggressive sales and marketing". Its most recent sports venture was the purchase of Quad City Mallards, a minor league professional ice hockey club in Illinois. Attendances and revenue figures have increased since Club 9 Sports' takeover although investment has been modest.

Club 9 Sports made attempts to buy Tranmere Rovers and take a controlling interest in Sheffield Wednesday but both moves were unsuccessful.

The bids appeared to fail because in both cases the business plan involved short-term restructuring, and drawing consultancy fees, with a view to selling the clubs on.

Meanwhile, Mr Kennedy said he was "disappointed but not surprised" after his bid was rejected.

He added the Blue Knights bid was in the best interests of the club.

A spokesman for Duff & Phelps last night declined to comment about any individual bid for Rangers

Believable17 Unbelievable9

This american company cant just come in and rip our club apart we need to do something to stop these b**tards wrecking our club i think we need to start a protest as soon as possible we have been starting saving rangers funds and all that while there just gonna liqwadate our club anyway what a nice way to treat the fans while were trying to do our bit now it is time to show everyone of these b**tards were not going down without a fight and if anybody wants to buy the club it isn't for the purpose to liqwadate it is for to save the club

campbell

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Why pay 25 million for a club that u want to liquidate??
If our debts are 50 mill before tax case then u could negotiate a cvs of 50p on the pound which I am sure creditors would be happy with. If u wanted to liquidate a company u don't own u would simply let it crash then buy the assets in a fire sale.

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If its newco...count me out......be as well supporting partick thistle....deecee

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More rubbish from the mainstream sensationalistic press!
Liquidation is not in the best interests of Rangers creditors or the club, therefore if that was the deal on the table from ANY bidder, then those bids would be FIRST to be thrown out, not the offers like Brian Kennedys that offered money to a CVA pot

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The 25 million will be for Whytes share and preferred creditor status lets no get into the in's and outs of that one.

I hear a lot about liquidation but what would the club be called and has any of these new owners checked the copyrights to see what would die with the old company and what a NEWCO could use ?

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Agreed. If duff and duffer where playing straight, and if you believe that you'll also believe they and their old mate Craig don't talk anymore

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Yet another £25 million investment. Now let me think where have I heard that before? Hands off, friends of Mr Whyte!

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So reading this, 3 bidders want liquidation and 1 bidder wants CVA. The latter being Blue Knights, aka no money and no substance. Doesn't bode well and if the only bidders out there are making liquidation a condition of the purchase, then that's that. If D&P turn all 4 remaining bids down, then liquidation is consequence in any event. Either way we're doomed.

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In the current circumstances, liquidation is the only answer - have said it before and will say it again, there is just too much debt hanging around and that's even before the tax case is decided

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The yanks. Will come in form newco and new Gers will then b ripped off by yanks wih consultancy fees b4 trying to flog company to real Gers people and walk away with millions. They have no feeling for Gers only interested in. Money. Totally sad how. Everyone screwing gets for years and still doing so. If there had been massive fans protest these shysters maybe think raise but apathy from fans. Led by ineffectual leaders only encourage. These vultures

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Whoever buys Rangers will have to bung D&P a nice little number for handing over the Assets to them.

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30 Mar 2012 13:01:05
Steven Naismith has began light jogging this week and is ahead of schedule on his comeback from injury. Great to see him fighting back yet again from a terrible injury.

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Dont think we'll see him a rangers top again he'll be sold

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Just in time to jog off down south for peanuts
what a loss!

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Getting ready for his Pre-season with West Brom more like.
These guys took a 75% pay cut for face only. Under no circumtances will they continue to play under the same conditions next season and with the current climate, RFC are in no position to offer attractive salaries any more. Ta TA!

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30 Mar 2012 12:37:49
Just been reading the herald .And club sports 9 bid .They are saying that if bid is excepted they would put us into liquidation

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Just read this as well if this is true we need to let these people know this is unacceptable we must survive in our current form we must pay our way out of this situation regardless if it takes 2 or 20 years im Rangers till i die and if Rangers Die so will my love for football i for one will not support a Newco that is operating for the sole purpose of making money for share holders we the Fans must support Paul Murray in his bid and let club 9 know if they want a newco they have lost the fan base i have £2500 saved for a holiday this year i know its not much but i will use it to buy shares if needed i will also pledge £100 per month for shares for one year i can do without holidays for a couple of years more than i can do without my beloved Rangers. i can not think of a better personal thing to leave my grandson when i die than shares in his football club these shares would have cost me £3700 but the sentimental value would far out way the monetary value and i would hope these shares no matter how small would be handed down generation through generation and im sure there are thousands of fans who feel the same.

Pad

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Well donePad, that's more money than the Blue Knights have offered to put up. So far they have only tabled a bid where Ticketus fund it and increase the debt by £5m. Think the money boys know which way they want it to got now and it's not the direction the fans want - Newco beckons I'm afraid.

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@Pad;The right sentiment mate but think long and hard where your hard earned is going.The newco option seems to be the front runner so save your cash and enjoy your hols.

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That is terrible okay i know its good news rangers being bought but to put the club in liquidation is awlful to wipe out years of history doesnt bear thinking about i will still support rangers but its a crying shame tho

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I will not be renewing my season ticket till this fiasco is over how can anyone ask me to buy a season ticket for my club when we have no idea if the club will be around i will happily buy a season ticket for Rangers but not a Newco

Rangers till one of us dies

pad

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As I said in another "rumour" that said the same thing;
More rubbish from the mainstream sensationalistic press!
Liquidation is not in the best interests of Rangers creditors or the club, therefore if that was the deal on the table from ANY bidder, then those bids would be FIRST to be thrown out, not the offers like Brian Kennedys that offered money to a CVA pot

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What I don't understand is that P Murray was willing to invest £25 mill (conditional) before whyte took over. We should be pushing for that offer, and force the big tax liability onto SDM! He keeps harping on about how confident he is of winning! Oh where is SDM, thats right hiding out like whyte, as far away as possible! After all SDM was warned by HIS own men to stay clear of whyte, so he should be here giving us some support!

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Murray wanted the BTC and Lloyds debt paid for by SDM last time as a condition of generating £25m towards the club - we're now in a worse condition with more debts. Murray only offering £5m loan from Ticketus guaranteed by Blue Knights and rescheduling of the Ticketus/season ticket money, with shares issue generating medium to long term cash.

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30 Mar 2012 12:28:30
Rangers have paid £19,000.00 to Dundee Utd for the March 17th fixture.

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What numpy pressed unbelievable.

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I guess Dundee Utd are supposed to be thankful

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Yes and all rangers fans should never
forget how we were treated by dundee utd north ayrshire bear

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So RFC paid on time then - given that tthe home club has 2 weeks to pay up

bill72

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30 Mar 2012 11:26:45
6 and a half weeks on and we are still no clearer to the future of our club. This is becoming extremely depressing based on the atmostphere on Sunday beating Celtic and to think that may well be taken away from us. Apparently Craig Whyte is to appear before the panel on the 6th of April.. without sounding stupid but does anyone think its worthwhile appearing in numbers to protest? Its fine us all raising money but it isnt going to come anywhere close to saving us..... Does anyone have any suggestions to save this sad moment in our history?

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I agree a protest is in order

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I suggest you all give up. Rangers are doomed and the quicker you all realise that, the better. £250K raised, when debt could be as much as £100m (with the BTC) is a drop in the ocean. It's all well and good the RFFF raising piddly amounts of cash but you guys have had 6/7 weeks to gather and voice your disgust at the way your club has been run. Not a single protest. You call that caring ? I dont. If someone was abusing anyrhing that belonged to me I can guarantee you I would not stand back and watch. I'd have something to say about it. You all raised your voices on Sunday but again, you can hear a pin drop over the current situation. Fools !

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Fans have been weak over this. No passion no guts.
Walked all over taken as fools and fed foolish stories from hacks with agendas to deceive us and whitewash bad guys.

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I like the sound of mass protest on 6th keep me updated plz

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A protest won't change anything but it I'll show you care and are sick of being taken for saps

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Get a faceboook page set up and get and get as many fans as u can, this thief cant get away with what he has done

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Someone get a facebook page setup and lets get a protest on the go once and for all spread the word

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Put your money where your mouths are and back a share issue pronto..Dundee fans have done more to save their club

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We are in one sorry state taken for mugs by our loyalty to our club

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Have a massive sit in or a camp protest at his beloved castle,That would soon give him something to think about.Make no mistake about this mans way of thinking,he will make money in the end of all this.I personally know from past dealings.P.S. Comments if you think this LIAR @ CHEAT will ever walk the streets of Glasgow again. Signed THE GHOST from the past.

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30 Mar 2012 11:05:20
Does anyone know if Dundee United can apply for a winding up order against us over the money we owe them. Someone at work has said that Thompson has looked into it and it wouldn't surpise me if he did.

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As far as im aware the amount of money is too low compared with the other debts. ticketus, hmrc and god knows who else. think the 75% creditor rule applies to this aswell.

Barry

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Not while we are in admin i believe

Pad

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This is from the Tax office website:

Winding up and bankruptcy petitions

Most suppliers, investors and staff try to get their money by issuing a claim. But you can issue a winding up (company) petition or a bankruptcy (individual) petition instead.

Winding up and bankruptcy are also ways of enforcing a judgment after a claim has been won, in an effort to actually get your money. Debts will be paid in the following order of priority:

secured creditors - fees and charges of liquidation/bankruptcy
floating charge holders - companies only
preferential debtors, including unpaid wages to employees
unsecured creditors, including HM Revenue & Customs
interest payable on debts
shareholders - companies only
How winding up works
It applies to a company rather than an individual.
After the winding up the company ceases to exist.
If the company is insolvent at the time, not all the creditors get paid in full.
Rules apply and each creditor gets a percentage of what they are owed.


So in answer to your query.....Yes

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Did SDM not do something similar to Airdrie?

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We are in administration, they would just join the list of other creditors. We are protected ( well at least thats the way I see it), ed can you confirm

quabba {Ed001's Note - yes, that is the whole point of administration and why you have to go to court and get one appointed by the court. You do get protection from creditors, though only for limited periods of time.}

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Small Creditors have wound up big companies. It wasn't the giant creditors who did it.

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Yes they can.
Particularly if admin can be proven to be mismanaged and a sham.

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Thompson would not be stupid enough to do this.....

Dundee United would be near the front in the domino effect of falling clubs having only managed to keep themselves breathing due to the income from matches against Old Firm teams.

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30 Mar 2012 10:52:18
West Brom are plotting a cut-price summer raid on Rangers for Allan Mcgregor and Steven Naismith.
Baggies boss Roy Hodgson has made Scotland No1 McGregor and international team-mate Naismith his top close-season signing targets.
And wily Hodgson can land the pair from administration-hit Gers for a bargain £3.5million — £10m LESS than the price tag the Ibrox side would normally slap on their prize assets.
Under normal circumstances McGregor would cost around £6m with Naismith valued in the same £7m range as Nikica Jelavic.

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Shagger has already said he wants to end is career at rangers... so BULLSHIZZLE!

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Hardly 'bullshizzle' as you put it, if his agent has anything to do with it. I'm sure he does want to end his career at Rangers - but not on a massively low wage. When he agreed his new contract, that is the wage he will expect - if that can't be guaranteed then, like anyone would, he'll be off. Football is a short career and if he can go to the EPL and earn 30k+ a week - then he'd be mad not to.

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If the s*n says, it must be true. McGregor im sure would go to a bigger club. Nesmith is done. two dodge knee's who is gonna take a risk on that?.

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I doubt any 'stars' will stay if the pay is peanuts.

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The wage structure at RFC will be reduced by 10 million per year under any new owner. There will be few if any players in excess of 15k per week.
A low transfer cost means the player's agent can get higher wages, they will all go in the summer. Rangers must reduce their operating costs to 40+ million, ensuring failure in CL does not lose them 10 million as before.

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This wasnt in The S*n, it was in The Herald & its rubbish! Its the same article that said Naismith was currently injured but they said he should be back in training sometime in April. Truth is, he was back in training LAST WEEK.
If they cant get that right, then it shows its just made up for sensationalism!

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If they are worth 13m then someone will pay 13m. Otherwise how can you say that? Anyway I suspect many English clubs are keeping an eye on the Rangers squad

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If they are worth 13 million but have clauses in their contracts for minimum fee releases (confirmed by kennedy today) noone will pay any more than they have to. I think this figure will be almost bang on.

Naismith is doing very light running, he wont be ready before the end of the season. I reckon he has played his last game for the club.

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£7m for Naysmith? AHA. Brilliant.

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I think Mr McGregor will end his career at Rangers. If he retires just after you get liquidated in a few weeks.

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Lets face facts they are only worth what someone is prepared to pay be it £10 or £10 million! it makes no difference as if the club are in administration at the time of any sale all monies will not go to Rangers but will paid to the administrators & will be set aside to pay the creditors. Lets be honest none of the EPL big boys will be knocking on the door for any of this squad, therefore any transfer fee's (if any) will be of the lower end in terms of values.

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30 Mar 2012 10:41:34
Rangers could have a new owner-in-waiting as early as next week, according to a source close to negotiations at the crisis-hit club.
(bbc sport)

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This is a good news story to raise morale. Only one outlet is reporting it.
It's nonsense. Only a few data ago we were told none of the bidders have seen the Ibrox books yet and that it would take a few months of detailed negotiations.
Also why was Kennedy pushed off? I believe the agenda is P Murray and blue knights but they want Kennedy's money also. So they bin him and then his only way back is via TBK with Murray as his boss.
David Murray and Waltr, etc have all come out for TBK heaven forbid ANY previous board members return.

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So Kennedy's bid was the worst of 5 and got dumped first, why was the second weakest bid also not binned?

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As with any story it will always start with one outlet, but now MOST of the news outlets are reporting it.
The administrators themselves even said in their last press statement that they should have a shortlist of 2 or 3 by the weekend & things would move rapidly from there, so its not beyond the realms of possibility

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Kennedy was third of five in terms of up front cash that would go into the CVA pot. Kennedy's offer described by Adminsitrators as too low, Blue Knights and Americans ahead of Kennedy bid. Whyte has blown out Blue Knights, so that leaves Americans in pole position. As Whyte brought the Americans to the table, they will already be clued up on the finances.

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Kennedy must have been very low.

Because all of them were described as poor bids- wouldn't set the heather on fire.

None of them are putting money up front to form an acceptable CVA to creditors. They all want the club after creditors have diss appeared.

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Looks like no one wants to take on the debt and the tax case

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30 Mar 2012 09:36:39
Brian kennady has hinted that he could join paul murrays blue knights if they need his help. Make the call Paul Murray we need this guy on board

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And why do we need this guy on board? , because he's never out the paper week in week out .

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If he is part of the Blue Knights my reservations with them would be relieved they need someone amongst them with the money levels of Kennedy. Their main weakness other than the disliking of CE is their lack of up front funds. They need 2 money men and the rest of them as Rangers men so we as the fans know the only way is up.

Blue Stu

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Hes a hibi and hes walked away!

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Surely douglas park must have a fair amount put away. And what about the rest of them. PM said there would be 10 in the consortium. I would have thought they would all be wealthy guys. I would like to see Kennedy in with them though

quabba

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Its a miricale thats needed not this guy. no one will buy the club until the ebt case is over only then will we see the true level of funding required. If its anywhere near the reported £100 mil then rangers will be liquidated.

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Agreed. Kennedy in, Souness in. WATP

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Kennedy is being manipulated to join TBK with p Murray spending his money as his boss. Kennedy won't fall for it.
David Murray/ Craig Whyts plan was always too have P Murray running the club. Don't believe CW statements about shares and not selling to PM. Whyte is a liar.

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He is a hib's fans and he did not walk away, his bid got rejected.

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