bluepieter
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Posts posted by bluepieter
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Let's hope so. They deserve nothing less.
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According to statements made by Alistair Johnston, the club had debts of £22M at the time of sale to CW.
By the time the CVA offer was made, the debts had shot up to £55M.
In 10 months the debt increased by £33M.
The only words that ever came out of CW mouth that I believed were
"I haven't taken A PENNY out of Rangers.".
I think this may well be the only true thing that man said.
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We are not going to be given the Div 3 option. Regan has already said It will be Sfl1 or SPL 2,both with sanctions. Not sure what happens if we do not accept the sanctions, many of which appear unlawful if what I read is true. That's why the SFA want the club to sign away their right to legal challenge.
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Add, why did Lloyds Bank | Bank of Scotland pull the rug from under the club when it had been reducing bank debt year on year over the past few years.
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Been reading the updates from RFF meeting tonight. Thanks for those.
It seemed unclear to me what the future role of the RFF will be. I would defo be in for the RFF buying a meaningful stake in the club on behalf of the fans. What do others think ?
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Spot on statement. Dig at SPL and SFA for good measure.
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4 years without league reconstruction. 2 with it.
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3 weeks and counting. Surely its time that this decision is taken out of the hands of these two. The continued non decision is a farce.
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NO WAY. Either you believe the club should be punished for the actions of CW, in which case its Division 3 or you don't in which case its the SPL with no penalties.
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My point is the announcement of a criminal investigation is potentially a game changer that calls into question the validity of everything that has happened since. We can't turn the clock back but we can try to protect the club from further damage. Green's not going to do it. No new owner would as they've picked up the clubs assets at a knock down price. I'm asking if anyone on here knows who to talk to in the RFF to see if the approach is worth pursuing.
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My question is, who can make it happen ? Even if everyone on here agrees that there is a case to be made, its needs someone to take action for the case to be heard.
Sorry but I don't think its a smart move to wait until we're in Div 3 before we start defending ourselves. I suggested the COS deal with protection of the clubs assets and the CAS deal with sporting issues not to pick a fight with the SFA but because the CAS is the appellate body when we don't agree with the SFA.
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Phill, would it be possible to find out. My guess is that if any club was a member of the SFA before it became a ltd co or plc, that would suggest that its the club rather than the corporate body that holds the membership ?
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The transfer ban was hearing addressed only the issue of sanctions imposed for bringing the game into disrepute. A lot has happened since then, most notably the announcement of a criminal investigation into the takeover and subsequent running of the club by CW. My point is that the club needs protection now from further damage that could be done as a result of potentially criminal acts. The Court of Session would seem like a very good place to start to take action to protect the club's assets, and the Court of Arbitration. For Sport the place to go get a ruling on sporting sanctions, such as demotion, expulsion from SFA etc. What the club needs is action now before it is further harmed. Would this be an appropriate use of the RFF money ? I certainly think so.
In response to your last point. I agree. Anyone who asks that you sign away your legal rights must have a reason for doing so. That reason is highly unlikely to be to our advantage. It is normally the act of someone with something to hide.
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I'm new at this so please bear with me.
I am so f'ng angry right now with the almost complete capitulation of our club whilst the SFA and SPL set about the destruction of 140 years of unmatched and glorious history. Its about time the club take positive steps to take some control over its own destiny instead of bending over again and again to be repeatedly shafted by those b'stards.
First point. The plc is being liquidated solely as a result of the actions of a director who may have committed criminal acts both in his acquisition and subsequent running of the plc during last year. These events are now the subject of investigations by the uk prosecution authorities and the liquidator. It would seem reasonable therefore that the football club should be protected I.e. Not further harmed, at least until those investigations are concluded. I'm no lawyer, but surely natural justice would demand that this was the case. At the very least this surely needs looking into....
Second, I'm not sure if its the football club or the plc that are members of the SFA, but when u read the rules it seems to say that a judicial panel will decide on the actions to take when the corporate body suffers an insolvency event. This is important because that would imply that if it is the club that is a member,it could retain its membership even through the liquidation of a corporate body with which it had been associated. Again, I think this is at least worth looking into by a lawyer.
Third, the role of the SFA in all of this needs going through with a fine tooth comb after the dust settles. Who knew what and when, what actions they took need examined to establish whether the SFA carried out its duties fairly and diligently.
Does anyone know a good lawyer ?
Was there ever any evidence of Whyte's Rangers' credentials
in Jimmy Bell's Kitroom
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So does this mean the Old Co will still be around until at least 2013 ?
Does anyone know if this has any impact on the criminal investigation that's meant to be happening right now ? Anyone know what's going on with that ~ haven't seen anything since they announced it.