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If Marks And Spencer's Had Financial Irregularities.


tannerall

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Would you ask the chairmen of Waitrose, Asda, Sainsbury's and Tesco to decide if they should be pushed in to bankruptcy ?

 

You know where I'm going here. 

In 2012 the chairmen of our business competitors  voted us down from the Premier league to the lowest position. 

Why were no issues raised by our club about neutrality, conflict of interest, exploitation, financial integrity even considered before the vote was authorised by our business competitors ?

Basically being judged by peers can be seen as fair and just. 

Being judged and punished by business competitors with vested interests is morally, ethically and I suspect legally unacceptable.

So why was it allowed ?  Why was it not contested. If there was a secret deal, such as a five way agreement, would this be contrary to legal working practise by businesses ?

Even more so as it enabled the biggest competitor  to establish a sporting, business and financial monopoly.

So though it was 8 years ago could our club still argue these points in a law court today as unfair and prejudicial business practise ?

 

 

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1 hour ago, tannerall said:

Would you ask the chairmen of Waitrose, Asda, Sainsbury's and Tesco to decide if they should be pushed in to bankruptcy ?

I’d expect creditors to decide the fate of the company.

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1 hour ago, tannerall said:

Would you ask the chairmen of Waitrose, Asda, Sainsbury's and Tesco to decide if they should be pushed in to bankruptcy ?

 

You know where I'm going here. 

In 2012 the chairmen of our business competitors  voted us down from the Premier league to the lowest position. 

Why were no issues raised by our club about neutrality, conflict of interest, exploitation, financial integrity even considered before the vote was authorised by our business competitors ?

Basically being judged by peers can be seen as fair and just. 

Being judged and punished by business competitors with vested interests is morally, ethically and I suspect legally unacceptable.

So why was it allowed ?  Why was it not contested. If there was a secret deal, such as a five way agreement, would this be contrary to legal working practise by businesses ?

Even more so as it enabled the biggest competitor  to establish a sporting, business and financial monopoly.

So though it was 8 years ago could our club still argue these points in a law court today as unfair and prejudicial business practise ?

 

 

This was about sporting integrity remember.

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1 hour ago, muldoon1690 said:

As much as it pains me to say, we weren’t voted out or down, we just weren’t voted back in. Shite as it is that’s what happened.

 I was under the impression Rangers were booted out of the SPL for taking them to court over the unlawful embargo. The SPL/SFA then wouldn't let Rangers into the 3 div until the club signed the 5 way agreement and excepted the embargo. What they did to Rangers was criminal and all under the disguise of sporting integrity.

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If I recall the vast majority of Rangers supporters did not expect or want any treatment other than demotion to the bottom division.

At the same time there many that wanted to join the English league. Not sure of that possibility, but there were definitely a significant amount wanting to get away from the sfa. 

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22 minutes ago, eejay the dj said:

Some extremely sad OPs coming from you of late

As if we want to go down all this road once again . 8 years of pain and this is never going to make us feel better, with no football going on . FFS

Hindsight is a great thing,, and as the info on the 5 way agreement has been suppressed all that time the debate is still  relevant.  Those events have had a massive effect on our potential achievement  and reputation. 

It's a good time to look back, as many clubs will be facing similar financial restrictions in the present time, albeit due to different circumstance, and it will be interesting to see whether any precedents were set in our punishments, and if they are punished in similar ways, or aided instead.   Even after a almost a decade, the full facts are not known, and the ongoing effect created still affects our standing.

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7 hours ago, tannerall said:

Would you ask the chairmen of Waitrose, Asda, Sainsbury's and Tesco to decide if they should be pushed in to bankruptcy ?

 

You know where I'm going here. 

In 2012 the chairmen of our business competitors  voted us down from the Premier league to the lowest position. 

Why were no issues raised by our club about neutrality, conflict of interest, exploitation, financial integrity even considered before the vote was authorised by our business competitors ?

Basically being judged by peers can be seen as fair and just. 

Being judged and punished by business competitors with vested interests is morally, ethically and I suspect legally unacceptable.

So why was it allowed ?  Why was it not contested. If there was a secret deal, such as a five way agreement, would this be contrary to legal working practise by businesses ?

Even more so as it enabled the biggest competitor  to establish a sporting, business and financial monopoly.

So though it was 8 years ago could our club still argue these points in a law court today as unfair and prejudicial business practise ?

 

 

You're comparing two wildly different situations. The creditors vote on bankruptcy. The clubs voted in our membership of the league. 

If the Supermarkets all have a wee gang, they can quite easily vote one out. 

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3 minutes ago, The Dude said:

You're comparing two wildly different situations. The creditors vote on bankruptcy. The clubs voted in our membership of the league. 

If the Supermarkets all have a wee gang, they can quite easily vote one out. 

Course they can, they have the power and financial capability., maybe Supermarkets have a 5 way agreement too ? 

Not as far fetched as it seems, that kind of thing was rife from the sixties through the eightiies, the biggest scandal at the time being the pricing agreement amongst the three big cement and  concrete companies. 

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Just now, tannerall said:

Course they can, they have the power and financial capability., maybe Supermarkets have a 5 way agreement too ? 

Not as far fetched as it seems, that kind of thing was rife from the sixties through the eightiies, the biggest scandal at the time being the pricing agreement amongst the three big cement and  concrete companies. 

They can vote on a outcome decided by creditors if they aren't a creditor? 

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6 minutes ago, The Dude said:

They can vote on a outcome decided by creditors if they aren't a creditor? 

Never said that, suggested quite blatantly they can control their market by agreement rather than competition. 

Just like our competitor's agreement in 2012, which ended up with the taigs controlling the market. 

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30 minutes ago, tannerall said:

Never said that, suggested quite blatantly they can control their market by agreement rather than competition. 

Just like our competitor's agreement in 2012, which ended up with the taigs controlling the market. 

But none of that is what sent the company into bankruptcy. That was the creditors' vote.

 

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2 hours ago, tannerall said:

Hindsight is a great thing,, and as the info on the 5 way agreement has been suppressed all that time the debate is still  relevant.  Those events have had a massive effect on our potential achievement  and reputation. 

It's a good time to look back, as many clubs will be facing similar financial restrictions in the present time, albeit due to different circumstance, and it will be interesting to see whether any precedents were set in our punishments, and if they are punished in similar ways, or aided instead.   Even after a almost a decade, the full facts are not known, and the ongoing effect created still affects our standing.

Fair reply mate 👍

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1 hour ago, tannerall said:

Never said that, suggested quite blatantly they can control their market by agreement rather than competition. 

Just like our competitor's agreement in 2012, which ended up with the taigs controlling the market. 

See what you did 😞

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Hard to resist the allure of blaming other clubs, the SFA, referees, etc for things that happen to us. They're all shitebags who have it coming, no doubt.

But in each case it was our own failures that left the door open for others to pile in. And the danger is that we internalise this victim mindset to the extent that we become unable to sort our own problems out.

If a ship gets holed below the waterline, buy all means resent the sea flowing in. Just not to the exclusion of booting the cunt that drove it onto the rocks in the first place.

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3 hours ago, tannerall said:

Never said that, suggested quite blatantly they can control their market by agreement rather than competition. 

Just like our competitor's agreement in 2012, which ended up with the taigs controlling the market. 

The “market” is consumers.  Waitrose, Asda, Sainsbury's and Tesco can’t dictate who shops where.  If people want to shop are M&S then they will do regardless off Tesco’s opinion.

Rangers did run in to financial difficulties that resulted in the company going under.  You can argue that the club, which is separate from the company, was held back because of it.  However, M&S is just a business it has no team or club.  Sorry, but I don’t see how this comparison works at all.  

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4 hours ago, tannerall said:

Never said that, suggested quite blatantly they can control their market by agreement rather than competition. 

Just like our competitor's agreement in 2012, which ended up with the taigs controlling the market. 

Kinda illegal under competition law. 

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