[JR_THELEGEND]

Originally Posted by jake1981

Just saw this tweet


GrahamSpiers Graham Spiers
Rangers FC administrators saying the club is on the rocks, so financially ruined it might not even be able to finish the season. Carnage.

It'll be such a sad sad day if that's gonna be the case!

[JasonWatkins]

Originally Posted by Alfie2008

Regardless of what club you support, it's never a good thing to see another club go out of business. Fingers crossed that they can save the club somehow.

Agreed. Massive respect to the players who have taken redundancy with no pay as well.

With that kind of loyalty to the club, you'd certainly hold out some hope that if they did indeed fold and then re-form, they'd soon be back in the SPL.

[Larry1971]

Originally Posted by Alfie2008

Could they reform and begin again in the third division next season in the event they do go under?

apparantly the SPL have indicated that if the worst happened and Rangers had to liquidate and reform they would still stay in the SPL which is no real surprise there the SPL know full well that if Rangers were to be liquidated reformed and made to start again in the Scottish 3rd division it would be a devestaing blow to the Scottish game which is already in terminal decline an SPL with just Celtic in it finishing 30 or 40pts clear of 2nd place would just about kill off the game in Scotland...

[JasonWatkins]

Originally Posted by Larry1971

apparantly the SPL have indicated that if the worst happened and Rangers had to liquidate and reform they would still stay in the SPL

On one hand, it seems unfair to let them do that if they did have to re-form and start again but I can also certainly see why they'd do it.

It does somewhat make a mockery of the whole idea that they might liquidate though - i assume if they re-formed in the SPL, they'd still be entitled to TV Money e.t.c. ??

If that's the case, why go through the whole rigmarole of trying to save the club ?. Write it off, liquidate and re-form in the SPL for next year. You'd end up with most of the current playing staff and management so they'd pretty much pick up where they left off.

[indiana44]

Originally Posted by Larry1971

apparantly the SPL have indicated that if the worst happened and Rangers had to liquidate and reform they would still stay in the SPL which is no real surprise there the SPL know full well that if Rangers were to be liquidated reformed and made to start again in the Scottish 3rd division it would be a devestaing blow to the Scottish game which is already in terminal decline an SPL with just Celtic in it finishing 30 or 40pts clear of 2nd place would just about kill off the game in Scotland...

I guess that's in theory it is up to the SPL ( a separate organisation from the Scottish League ) as to whether they admitted a new Rangers into the SPL to fill the missing place.

Where they might end up in the Scottish League I guess theoretically becomes a Scottish League problem if and when the SPL say we're not having them.

Think though there is a lot of watter to flow under many bridges and the possible full extent of any transgressions to be discovered, and then much much more negotiaton to be had before anyone should be assuming anything such as that a new Rangers would walk into the SPL.

The SPL serves its constituent clubs and ultimately they decide things together.

[bhoy07]

There is a thought that if Rangers were allowed to avoid paying all their debts and walk right back into the SPL without severe sanctions then the other SPL clubs will start to find credit becoming a lot harder to find and banks could start calling in debts before another club takes advantage.

[wolvesdavid]

But if Rangers were liquidated and reformed straight away into the SPL, it wouldn't really matter to the other SPL clubs if the banks did call in their debts straight away. Afterall they could just do the same thing, and reform straight away in the SPL (in theory anyway!)

[bhoy07]

Originally Posted by wolvesdavid

But if Rangers were liquidated and reformed straight away into the SPL, it wouldn't really matter to the other SPL clubs if the banks did call in their debts straight away. Afterall they could just do the same thing, and reform straight away in the SPL (in theory anyway!)

Then you end up with an SPL with no credit line or bank willing to do business.

Fortunately there are more than enough clubs who aren't prepared to go down this route and want to trade there way out of their debt problems.

[batdude_uk1]

Quick question for the more knowledgable on this subject, I may have got this wrong, but do Rangers have quite a large share of the voting rights when it comes to changes in the Scottish game?
If so, would these just pass along to the newly formed Rangers, or would the new club has as much voting rights as the rest of the clubs (bar Celtic), and if so, would the old Rangers shares end up going to Celtic, therby making them even more powerful?

[bhoy07]

Originally Posted by batdude_uk1

Quick question for the more knowledgable on this subject, I may have got this wrong, but do Rangers have quite a large share of the voting rights when it comes to changes in the Scottish game?
If so, would these just pass along to the newly formed Rangers, or would the new club has as much voting rights as the rest of the clubs (bar Celtic), and if so, would the old Rangers shares end up going to Celtic, therby making them even more powerful?

Rangers have 1/12th of the voting share amogst the member clubs as each club as one vote - if they go bust - their share would transfer to the new club who appears in the SPL.

[wolvesdavid]

But do votes need to go through with a kind of "super majority" i.e. if only Rangers and Celtic vote against something, with the other 10 clubs in the SPL voting for it (or vice versa) that effictively the Old Firm have the power to veto any vote they want to.

[bhoy07]

Originally Posted by wolvesdavid

But do votes need to go through with a kind of "super majority" i.e. if only Rangers and Celtic vote against something, with the other 10 clubs in the SPL voting for it (or vice versa) that effictively the Old Firm have the power to veto any vote they want to.

Some things need a 11-1 majority but I think most is now just a majority - had a 11-1 majority been needed for the last Setanta tv deal then it would've failed as the vote was 9-3

[ItHasPotential]

late breaking news

"rangers seeking to leave the scottish game" apperntly, theres talk of a certain club who's also in administration being the stepping stone for the glasgow giants.

the plot thickens

[timboy]

Originally Posted by ItHasPotential

late breaking news

"rangers seeking to leave the scottish game" apperntly, theres talk of a certain club who's also in administration being the stepping stone for the glasgow giants.

the plot thickens

That's exactly what will happen if they get liquidised.

[wolvesdavid]

Originally Posted by bhoy07

Some things need a 11-1 majority but I think most is now just a majority - had a 11-1 majority been needed for the last Setanta tv deal then it would've failed as the vote was 9-3

That might not have been a bad thing. Sometimes the Old Firm (and Aberdeen) can see some things that are good, ahead of the other clubs. The Setanta deal was bad for Scottish football.

[bhoy07]

Originally Posted by ItHasPotential

late breaking news

"rangers seeking to leave the scottish game" apperntly, theres talk of a certain club who's also in administration being the stepping stone for the glasgow giants.

the plot thickens

It does indeed because in a straight fight to buy out an English club between Celtic and Rangers - Celtic have the financial backers already in place and Rangers doesn't

[Thank you]

I generally feel bad for pompey and wish nothing but the best for them, hopefully they can get everything under control...Rangers on the other hand can go f*** them selves.

[F2kSel]

I really get annoyed when people say they feel sorry for big companies that go bust.

They've known for ages that they have problems yet still order stuff and services from other companies knowing they can't afford them.

When they do finally pull the plug it's the smaller companies or self employed people who usually bare the cost and they're also the last to get any payout if anything is left.

They're the ones I feel sorry for.

[Larry1971]

Originally Posted by ItHasPotential

late breaking news

"rangers seeking to leave the scottish game" apperntly, theres talk of a certain club who's also in administration being the stepping stone for the glasgow giants.

the plot thickens

even if this were remotely true I'd be surprised if under the circumstances UEFA allowed it to happen plus there would be a big backlash from English clubs if Rangers were allowed to replace Portsmouth.

Originally Posted by F2kSel

I really get annoyed when people say they feel sorry for big companies that go bust.

They've known for ages that they have problems yet still order stuff and services from other companies knowing they can't afford them.

When they do finally pull the plug it's the smaller companies or self employed people who usually bare the cost and they're also the last to get any payout if anything is left.

They're the ones I feel sorry for.

I think you're misunderstanding what people mean most of us have no sympathy for the actual club who's gone into debt but it's the fans we feel sorry for,

[Eater Sundae]

Originally Posted by indiana44

I guess that's in theory it is up to the SPL ( a separate organisation from the Scottish League ) as to whether they admitted a new Rangers into the SPL to fill the missing place.

Where they might end up in the Scottish League I guess theoretically becomes a Scottish League problem if and when the SPL say we're not having them.

Think though there is a lot of watter to flow under many bridges and the possible full extent of any transgressions to be discovered, and then much much more negotiaton to be had before anyone should be assuming anything such as that a new Rangers would walk into the SPL.

The SPL serves its constituent clubs and ultimately they decide things together.

I don't understand the legal powers that each organisation has, but just a thought...

Even if the SPL can decide to allow a NuRangers to come straight in to the SPL, as it's nothing to do with the rest of the Scottish League, what about the scottish FA? Do they have any say in the matter in terms of player or club licences? I presume that they hold ultimate power in terms of allowing players to play for Scotland and/or clubs to play in UEFA (and FIFA) sanctioned competitions. So if they played hard ball, might it over-ride whatever the SPL might decide?

If the Scottish FA have these powers, then what might they decide? Who runs the Scottish FA? Is it a mix of professional clubs and amateur associations like the English FA? Or is it actually run by the Old Firm? Or is it somewhere between the two?

I've no knowledge of the Scottish game, hence all the questions, but am curious how it might all pan out. Thanks to anyone that can shed some light.

[JasonWatkins]

Originally Posted by Larry1971

but it's the fans we feel sorry for,

That's what it is for me. I look at it from the perspective of how i'd feel of Tottenham were in the same boat - it would be horrible. The club that's been a part of your life, in my case for over 30 years, potentially not being around ?. Not good.

[DUNDEEBOY]

The bit I am not getting about liquidation is that saying they would just reform but how could they

When a company is liquidated all the assets are sold off including fixtures and fittings think of Woolies a few years ago.

Therefore wouldn't players contracts be null and void and the saleable ones McGregor, Davis, Lafferty would just walk away and sign for other clubs surely.

So this new club would then reform without having any money or owning anything including players

[Mark F]

Are the players right to hold out for what they want as its the club who gave them the contracts it seems they cannot now afford or is it a bit selfish?

Its not like the players are on 100k a week like most of the top Premiership players.

[BomoLad]

Don't we get all this 'club could disappear' stuff every time one goes into administration? A lot have gone into administration, but how many are still around?

[timboy]

Originally Posted by the chimp

Honestly think you would struggle to get £5m for any of them

We've just turned down a £6m bid for Ki from Rubin Kazan.