GeneralCartmanLee 313 Posted April 24, 2012 Share Posted April 24, 2012 Breaking news.Another time for the bears to gather when the date is announced. Quote Link to post Share on other sites More sharing options...
Gaz52 11,837 Posted April 24, 2012 Share Posted April 24, 2012 Listening to those bastards on SSN make my blood boil. "We interviewed Rangers & Celtic fans" Don't think you did hen, sound like beggars to me Quote Link to post Share on other sites More sharing options...
Chesh 28 Posted April 24, 2012 Share Posted April 24, 2012 Must admit everyone sounded as if they were gleaming with joy. 'If that's the rules that's the rules' Aye made up rules along the way. Quote Link to post Share on other sites More sharing options...
GeneralCartmanLee 313 Posted April 24, 2012 Author Share Posted April 24, 2012 David Whitehouse, joint administrator, said: "We have today written to the Chief Executive of the Scottish Football Association requesting an immediate expedited appeals process over the sanctions imposed on Rangers by the Association's judicial panel last night."The decision of last night's judicial panel is in our opinion quite extraordinary. Not only in our opinion do the panel fail to have properly apportioned culpability between the Club and Craig Whyte, they appear to have rendered a penalty which could have a very detrimental effect on the ability of the administrators to achieve a sale of the business or a Company Voluntary Arrangement. This, in turn, cannot be in the interests of Rangers Football Club or Scottish football in general."The football authorities are fully aware that we are in the throes of an extremely complex insolvency situation. There has been widespread support across the political spectrum and in the football world for Rangers to be saved as a club and a viable business, last night's decision can only hinder rather than help."The decision to prohibit the Club from signing new players is akin to a court ordering the administrator of a trading company not to buy stock. The principal operating and trading asset of a football club are its players and an inability to sign new players frustrates both the ability of the company to trade and the statutory objectives of administration. "It is extremely disappointing that approximately three weeks ago purchasers were at the point of confirming unconditional offers which would have achieved the purpose of administration. This process was first delayed by the announcements of the SPL to implement the rule changes to be considered on 30th April, and has now been further hampered by the sanctions imposed last night."We are unsure as to whether the judicial panel fully understood or considered the commercial impact upon both the Club and Scottish Football of these measures, nor are we satisfied at this stage as to whether these sanctions are indeed lawful. Clearly time is running out to achieve a sale of the business or a CVA and the Club can ill afford further legal arguments. Accordingly, we are urging both football authorities to adopt a more pragmatic approach to sanctions to ensure that the administration of Rangers Football Club can be brought to a conclusion at the earliest possible date for the good of not only the Club but also for Scottish football generally."We would then encourage the footballing authorities to introduce a framework so as to provide clarity in circumstances such as these going forward, rather than allowing arbitrary measures to be introduced on an ad-hoc basis which clearly impede a process of administration. "We are sure the authorities recognise that any potential purchaser or investor in a football club must have clarity in relation to its future playing capabilities and revenue potential. By failing to provide clarity in relation to pragmatic and commercially sensible penalties the authorities are by default prejudicing the survival of one of the clubs whose existence is key to the well being of Scottish football."We will continue to work tirelessly over the next couple of days to attempt to secure the comfort from the football authorities as to the level of future sanctions which will be raised, so as to enable one of the bidders to proceed with an acquisition of Rangers Football Club Plc without further delay." Quote Link to post Share on other sites More sharing options...
simplythebest 11,453 Posted April 24, 2012 Share Posted April 24, 2012 Even outsiders like the administrators realise what a joke the SFA is. Quote Link to post Share on other sites More sharing options...
gunslinger 270 Posted April 24, 2012 Share Posted April 24, 2012 did they set a deadline? Quote Link to post Share on other sites More sharing options...
simplythebest 11,453 Posted April 24, 2012 Share Posted April 24, 2012 did they set a deadline?Still their fault I guess GS? Quote Link to post Share on other sites More sharing options...
krissg910 110 Posted April 24, 2012 Share Posted April 24, 2012 how immediate is immediate?? i would hope this could happen by the end of the week.the sfa need to understand the implacations of these rulings Quote Link to post Share on other sites More sharing options...
Hoff 7 Posted April 24, 2012 Share Posted April 24, 2012 GCL is right, we need to organise a process outside wherever the appeal is being heard. Quote Link to post Share on other sites More sharing options...
boss 1,941 Posted April 24, 2012 Share Posted April 24, 2012 It's not a day for petty barbs at the Administrators. They have made an excellent statement - applaud them for that. Quote Link to post Share on other sites More sharing options...
Edmiston Drive 3,846 Posted April 24, 2012 Share Posted April 24, 2012 Breaking news.Another time for the bears to gather when the date is announced. Will you be in scotland for that one Quote Link to post Share on other sites More sharing options...
GeneralCartmanLee 313 Posted April 24, 2012 Author Share Posted April 24, 2012 Will you be in scotland for that one Business permitting i may be, i am long overdue a trip up north..... We would quickly know who was on that panel if the bears were camped outside all day..... Quote Link to post Share on other sites More sharing options...
Bluepeter9 5,167 Posted April 24, 2012 Share Posted April 24, 2012 did they set a deadline?Cheap shot - IF you actually read the announcement they are fighting our corner, good job someone is! No wonder they cant meet dealines with this type of pish getting thrown at them - but hey at least you got your cheap shot in! Quote Link to post Share on other sites More sharing options...
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