Rapid knock back CVA allegedly.

[ray 105]

Published on Tuesday 12 June 2012 00:00

RAPID Vienna will be repre-sented at the meeting at Ibrox on Thursday which will determine the success or failure of prospective Rangers onwer Charles Green’s CVA proposal – and the Austrians are threatening to throw a spanner in the works by voting against it.

Rapid have also indicated they will go to Uefa and/or Fifa to try and recoup what they are owed by Rangers for the sale of Nikica Jelavic in August 2010.

The Austrian club is still owed £1,011,763.44 by Rangers from the £4 million transfer of the Croatia striker. Green’s offer means that Rapid would instead receive a maximum of just over £91,000 – even though Rangers will recoup all £5.5m from the sale of Jelavic to Everton in January.

Rapid could also end up with a lot less than that because creditors have been told the amount they receive will also depend on the outcome of the big tax case and the £25m lawsuit against lawyers Collyer Bristow. It could take years for those matters to be settled and, if results go against Rangers, Rapid could end up receiving just £10,000 of the cash due to them – which is why they insist they are ready to take their case against the Ibrox club to Uefa and Fifa.

“We have a contract with a British law company and they will be at the meeting on Thursday to take care of business on our behalf,” said Rapid spokesman Peter Klinglmuller. “It’s very important that we receive the full amount we are due for Jelavic and not just a percentage of the transfer fee.

“When you do business with a big European football club then you expect to be paid the full amount. There was an interview with Jelavic in an Austrian newspaper the other day where he said that he expected to get more money from Rangers than our club would. Yet it seems unfair to us that we might not receive the money we are owed for the player when Rangers expect Everton to pay the fee they agreed for him.

“I don’t know how the law works in Scotland but we are used to paying our transfer fees in full. We also expect other clubs to do the same and, if we need to, we will go to Uefa and Fifa to help us in this case.”

[KaiserJon 12,463]

Are you GS or Ray who is the guy from Portsmouth?

[nachothelegend 1,932]

Are they Important in all this then?

[adam2102 582]

thats fine if they knock it back. we only need hmrc and ticketus to accept

[caseyjones 3,009]

Are they Important in all this then?

Yes, as they could make things difficult for us.

[ZeonBlue 378]

So this is news?

[IainB 599]

Who cares they are small fry in the over all scheme of things and a negative vote from anyone other than HMRC and Ticketus is irrelevant. ferking Schum jhournalists just trying to muck rake without doing any real research. Personally I blame the schools

[Creampuff 22,628]

Media are getting desperate.

I think it's going through.

[ForeverBlue_Since91 2,895]

Doesn't matter. As long as we get 75% aslong as HMRC & Ticketus accept it, it will go through.

[GLASGOWRFC 101]

Doesn't matter. As long as we get 75% aslong as HMRC & Ticketus accept it, it will go through.

Yip! Rapid have no say in the matter...waste of airfare even coming over...fuckin idiots!

[ForeverBlue_Since91 2,895]

Rapid Vienna what a shower of nazi Green n White shower of shite.

[GIJoe 98]

For CVA purposes we need HMRC and Ticketus although how this can be done before the HMRC verdict is known I have no idea.

Nobody else's opinion matters. Harsh perhaps but it's a dog eat dog world out there.

However this is more likely to be more lies made up by the scummy press.

[GLASGOWRFC 101]

Rapid Vienna what a shower of nazi Green n White shower of shite.

I agree!....my fav non Jelavic Rapid player was Peter Pacult

[CoatbridgeBear 7,113]

Say what you want, but they have every right to be angry.

We owe them money from a player we have now sold on.

I'd be raging too.

It gives Rangers a bad name too.

I just want all this fucking hassle gone, and get us back on track!

[GIJoe 98]

I agree entirely and it may mean future transfer deals will be structured differently but at the moment survival is objective number one.

[gordonb23 99]

Shouldn't the RFFF be used for this kind of thing so there's no hold up in the CVA? Seems like a lengthy process as it is without any of these hold ups.

[CoatbridgeBear 7,113]

Shouldn't the RFFF be used for this kind of thing so there's no hold up in the CVA? Seems like a lengthy process as it is without any of these hold ups.

The RFFF didn't even raise a million altogether...

[reddrock 107]

thats fine if they knock it back. we only need hmrc and ticketus to accept

Correct .

[gordonb23 99]

The RFFF didn't even raise a million altogether...

I didn't realise that. Never actually seen an overall figure but with all the 5 figure donations, sponsored walks and other fundraisers I thought it would have been much more.

[CoatbridgeBear 7,113]

I didn't realise that. Never actually seen an overall figure but with all the 5 figure donations, sponsored walks and other fundraisers I thought it would have been much more.

I think everyone did mate.

[Essandoh 21,342]

Rapid Vienna what a shower of nazi Green n White shower of shite.

Where do you get off making such a petulant, ill-informed, inaccurate comment like that simply because Rapid are, quite understandably, doing all they can to not find themselves millions of pounds out of pocket after selling their best player? A player of Jelavic's calibre more so, one of the best that they've had for quite some time.

Being bitter towards Rapid for refusing to accept a measly amount out of a very large promised fee is bad enough, but to then go on and call them Nazis...what age are you? Grow up. You can't possibly tar all of Rapid's fans with the same brush of some brain-dead fucking moron who made that Nazi salute to the Hapoel fans.

It's a real shame that Rapid will most likely lose out on a lot of that money. A real shame. I want this all to be over.

EDIT: I understand it isn't £10k of £4m. That wasn't what I intended to write but my mind decided to do so anyway. I've changed it now but I originally wrote that they were only receiving £10k out of £4m. That is wrong.

[CoatbridgeBear 7,113]

Where do you get off making such a petulant, ill-informed, inaccurate comment like that simply because Rapid are, quite understandably, doing all they can to not find themselves millions of pounds out of pocket after selling their best player? A player of Jelavic's calibre more so, one of the best that they've had for quite some time.

Being bitter towards Rapid for refusing to accept a possible £10,000 out of a promised £4million is bad enough, but to then go on and call them Nazis...what age are you? Grow up. You can't possibly tar all of Rapid's fans with the same brush of some brain-dead fucking moron who made that Nazi salute to the Hapoel fans.

It's a real shame that Rapid will most likely lose out on a lot of that money. A real shame. I want this all to be over.

I agree with most of this, except one bit, they're not missing out on £4mil, it's £1mil. I assume they have received £3mil already.

[GIJoe 98]

While I agree entirely with you in principle let's not get hysterical. How much do we actually owe them? And even if it's actually £4M, which I doubt, 10K of 4M? Do the sums. That's not what's going to happen.

Yes obviously we should be clearing our debts but please don't make it much worse than it actually is.

[Essandoh 21,342]

I agree with most of this, except one bit, they're not missing out on £4mil, it's £1mil. I assume they have received £3mil already.

Apologies. You're correct.

[Essandoh 21,342]

While I agree entirely with you in principle let's not get hysterical. How much do we actually owe them? And even if it's actually £4M, which I doubt, 10K of 4M? Do the sums. That's not what's going to happen.

Yes obviously we should be clearing our debts but please don't make it much worse than it actually is.

Again, I seem to have, how one would say, written a lot of pish. That wasn't what was in my head.