Rangers and Ibrox
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I assume cos they don't have to pay the debtors now, & although technically the land is worth more, any buyer would have to be completely batshit to try buying it for the land & expect to not be at least maimed.
Technically the players contracts may just be cancelled.
It all depends, I think on wether whoever buys rangers assets wants to reform a football club with them.
Someone buying ibrox with a plan to turn it in to a supermarket isn't going to endear themselves to a lot of very scary individuals.
It all depends, I think on wether whoever buys rangers assets wants to reform a football club with them.
Someone buying ibrox with a plan to turn it in to a supermarket isn't going to endear themselves to a lot of very scary individuals.
Just to clarify - Charles Green has an agreement with the current administrators. HMRC, who effectively forced liquidation have already appointed liquidators to step in once the CVA is formerly rejected on Thursday.
It will be these liquidators that decide whether Charles Greens bid offers the best possible return for creditors.
If they agreed to the sale it would be based on the fact no one else wants the toxic entity formerly known as rangers, or splitting the assets up and selling separately might not generate as much financial return.
It will be these liquidators that decide whether Charles Greens bid offers the best possible return for creditors.
If they agreed to the sale it would be based on the fact no one else wants the toxic entity formerly known as rangers, or splitting the assets up and selling separately might not generate as much financial return.
What's to stop rangers entering the English league at the bottom?
They'll lose maybe 7/8 seasons but gain way more long term.
They'll lose maybe 7/8 seasons but gain way more long term.
They're Scottish ?
Good point.
Unless I'm wrong that doesn't stop them. Otherwise Swansea wouldn't be in the premiership. I think it just stops them moving leagues, not starting from scratch.
I don't want them to, just pondering why they aren't.
And they don't pay for prescriptions, the bastards.
Isn't it odd.
You take shit out of shit and it becomes more shit.
Has to defy at least a couple of the laws of physics
Actually there's a working theory that Scottish football would breatly benefit from Rangers not being in it - given that they cheated their way to wnning titles by "buying" and paying for players they could only afford by withholding tax payments from HMRC.
Unlike the EPL, Celtic & Ranger demand sometbhing like 80% of the TV revenue, so add that to living beyond financial means and it's understandable that other teams couldn't keep up with them.
In Rangers quest for greater European glory, they regularly raided other Scottish teams for all their "good" players and brought in highly paid foreign player.
The point has been made that the last time Rangers were also-rans in Scottish football, Scotland had a reasonable national team and performed relatively well in Europe. The older heads on here might remember the time when the likes of Aberdeen & Dundee Utd had half decent sides and did well in Europe.
I think generally, quite a few fans of Scottish teams would tell you that England would be welcome to them and right now it seems more truthful that Rangers FC need Scottish football more that it needs them, because without the concent of the SPL's other charimen Rangers will have to start in Division 3 of the Scottish League.
Mind you there's no guarantee that the SFA won't suspend them completely for bringing the game in to dispute for at least a year.
Unlike the EPL, Celtic & Ranger demand sometbhing like 80% of the TV revenue, so add that to living beyond financial means and it's understandable that other teams couldn't keep up with them.
In Rangers quest for greater European glory, they regularly raided other Scottish teams for all their "good" players and brought in highly paid foreign player.
The point has been made that the last time Rangers were also-rans in Scottish football, Scotland had a reasonable national team and performed relatively well in Europe. The older heads on here might remember the time when the likes of Aberdeen & Dundee Utd had half decent sides and did well in Europe.
I think generally, quite a few fans of Scottish teams would tell you that England would be welcome to them and right now it seems more truthful that Rangers FC need Scottish football more that it needs them, because without the concent of the SPL's other charimen Rangers will have to start in Division 3 of the Scottish League.
Mind you there's no guarantee that the SFA won't suspend them completely for bringing the game in to dispute for at least a year.
Won't the TV deal being offered to the SPL become considerably more pitiful given that it is only the Old Firm's games and particularly the Old Firm matches that are worth paying for?
Undoubtedly, let's face it, even the most hardened celtic fans won't watch all their games beating shite teams.
There's only one thing more shite than a two horse race, and that's a one horse race.
Bingo.
...and they're all on some sort of heart disease or tourettes medication the unhealthy bastards.
But given that the old firm were stiffing all the other teams for money, it isn't likely to matter that much - except for Celtic.
So all the other teams get a bigger share of a small pot, instead of a small share of a big pot.
There is also a big difference between having a one horse race and a two horse race that seems to have been fixed by illegal methods.
Anyone would think you were a celtic fan.
Besides the big thing to come out of this is that HMRC will be able to appoint liquidators that will sift through what's left to identify who us responsible - David Murray is up to his neck in it.
If they also win what is know as the "big tax case" which is based on the illegal use of EBT's to avoid paying tax is apparently only the first step in HMRC's plan to go after bigger fish in England who have been operating similar schemes.
If they also win what is know as the "big tax case" which is based on the illegal use of EBT's to avoid paying tax is apparently only the first step in HMRC's plan to go after bigger fish in England who have been operating similar schemes.
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